BlackBart: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BlackBart
Largest movements
- Receivables within one year +€39,952
up €39,952 (+135,020%), from €30 to €39,982
of which Trade receivables: +€39,934
- Cash -€7,026
down €7,026 (-83.9%), from €8,376 to €1,349
mainly Receivables within one year (-€39,952) and Contributions, distributions and other (-€32,858)
- Other debts +€32,858
new in 2025: €32,858
- Tax, wage and social debts +€1,235
up €1,235 (+21.6%), from €5,719 to €6,954
- Profit (loss) carried forward -€704
no longer reported in 2025 (was €704)
- Trade debts -€463
down €463 (-47.1%), from €982 to €519
- Other operating charges -€83,167
down €83,167 (-99.4%), from €83,687 to €520
- Write-downs +€82,878
no longer reported in 2025 (was -€82,878)
- Gross operating margin +€5,326
up €5,326 (+19.3%), from €27,617 to €32,943
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,405 | €41,331 | +€32,926 | +392% |
| Current assets | 29/58 | €8,405 | €41,331 | +€32,926 | +392% |
| Amounts receivable within one year | 40/41 | €30 | €39,982 | +€39,952 | +135,020% |
| Trade receivables | 40 | - | €39,934 | +€39,934 | |
| Other amounts receivable | 41 | €30 | €48 | +€19 | +63.8% |
| Cash at bank and in hand | 54/58 | €8,376 | €1,349 | -€7,026 | -83.9% |
| Total equity and liabilities | 10/49 | €8,405 | €41,331 | +€32,926 | +392% |
| Equity | 10/15 | €1,704 | €1,000 | -€704 | -41.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €704 | - | -€704 | |
| Amounts payable | 17/49 | €6,701 | €40,331 | +€33,630 | +502% |
| Amounts payable within one year | 42/48 | €6,701 | €40,331 | +€33,630 | +502% |
| Trade debts | 44 | €982 | €519 | -€463 | -47.1% |
| Suppliers | 440/4 | €982 | €519 | -€463 | -47.1% |
| Taxes, remuneration and social security | 45 | €5,719 | €6,954 | +€1,235 | +21.6% |
| Taxes | 450/3 | €5,719 | €6,954 | +€1,235 | +21.6% |
| Other amounts payable | 47/48 | - | €32,858 | +€32,858 | |
| Non-recurring operating income | 76A | €543 | - | -€543 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€82,878 | - | +€82,878 | |
| Other operating charges | 640/8 | €83,687 | €520 | -€83,167 | -99.4% |
| Non-recurring operating charges | 66A | €28,000 | - | -€28,000 | |
| Gross operating margin | 9900 | €27,617 | €32,943 | +€5,326 | +19.3% |
| Operating profit (loss) | 9901 | -€1,192 | €32,424 | +€33,616 | |
| Financial charges | 65/66B | €148 | €131 | -€17 | -11.5% |
| Recurring financial charges | 65 | €148 | €131 | -€17 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,340 | €32,293 | +€33,633 | |
| Income taxes | 67/77 | - | €139 | +€139 | |
| Profit (loss) for the period | 9904 | -€1,340 | €32,154 | +€33,494 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,340 | €32,154 | +€33,494 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.