BLACKBIRD CONSULTANCY: 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.
BLACKBIRD CONSULTANCY
Largest movements
- Current investments -€1.4m
down €1.4m (-100%), from €1.4m to €0
- Cash +€1.2m
up €1.2m (+458%), from €266,834 to €1.5m
mainly Current investments (+€1.4m) and Net result for the year (+€482,390)
- Other debts -€716,636
down €716,636 (-99.8%), from €717,901 to €1,266
- Reserves +€482,390
up €482,390 (+13.5%), from €3.6m to €4.1m
- Financial income -€650,564
down €650,564 (-48.9%), from €1.3m to €680,171
- Taxes -€85,357
down €85,357 (-63.5%), from €134,393 to €49,036
- Financial charges +€60,443
up €60,443 (+1,579%), from €3,828 to €64,271
- Gross operating margin -€22,132
down €22,132 (-342%), from -€6,475 to -€28,607
- Depreciation +€18,016
up €18,016 (+48.7%), from €37,025 to €55,041
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 | €5,763,567 | €5,512,059 | -€251,508 | -4.4% |
| Fixed assets | 21/28 | €4,069,448 | €4,014,408 | -€55,041 | -1.4% |
| Tangible fixed assets | 22/27 | €242,368 | €187,328 | -€55,041 | -22.7% |
| Land and buildings | 22 | €1,306 | €1,106 | -€200 | -15.3% |
| Furniture and vehicles | 24 | €241,062 | €186,221 | -€54,841 | -22.7% |
| Financial fixed assets | 28 | €3,827,080 | €3,827,080 | = | 0.0% |
| Current assets | 29/58 | €1,694,119 | €1,497,651 | -€196,468 | -11.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €7,668 | €7,713 | +€46 | +0.6% |
| Trade receivables | 40 | €6,345 | €6,420 | +€75 | +1.2% |
| Other amounts receivable | 41 | €1,323 | €1,293 | -€29 | -2.2% |
| Current investments | 50/53 | €1,418,332 | €0 | -€1.4m | -100% |
| Cash at bank and in hand | 54/58 | €266,834 | €1,488,574 | +€1.2m | +458% |
| Deferred charges and accrued income | 490/1 | €1,285 | €1,363 | +€78 | +6.1% |
| Total equity and liabilities | 10/49 | €5,763,567 | €5,512,059 | -€251,508 | -4.4% |
| Equity | 10/15 | €4,920,207 | €5,402,596 | +€482,390 | +9.8% |
| Contributions | 10/11 | €1,340,691 | €1,340,691 | = | 0.0% |
| Reserves | 13 | €3,579,516 | €4,061,906 | +€482,390 | +13.5% |
| Distributable reserves | 133 | €3,579,516 | €4,061,906 | +€482,390 | +13.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €843,360 | €109,463 | -€733,898 | -87.0% |
| Amounts payable within one year | 42/48 | €843,360 | €109,463 | -€733,898 | -87.0% |
| Financial debts | 43 | - | €1,733 | +€1,733 | |
| Credit institutions | 430/8 | - | €1,733 | +€1,733 | |
| Trade debts | 44 | €1,521 | €188 | -€1,333 | -87.6% |
| Suppliers | 440/4 | €1,521 | €188 | -€1,333 | -87.6% |
| Taxes, remuneration and social security | 45 | €123,938 | €106,276 | -€17,662 | -14.3% |
| Taxes | 450/3 | €123,938 | €106,276 | -€17,662 | -14.3% |
| Other amounts payable | 47/48 | €717,901 | €1,266 | -€716,636 | -99.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,025 | €55,041 | +€18,016 | +48.7% |
| Other operating charges | 640/8 | €2,257 | €828 | -€1,429 | -63.3% |
| Gross operating margin | 9900 | -€6,475 | -€28,607 | -€22,132 | -342% |
| Operating profit (loss) | 9901 | -€45,756 | -€84,475 | -€38,718 | -84.6% |
| Financial income | 75/76B | €1,330,735 | €680,171 | -€650,564 | -48.9% |
| Recurring financial income | 75 | €1,330,735 | €680,171 | -€650,564 | -48.9% |
| Financial charges | 65/66B | €3,828 | €64,271 | +€60,443 | +1,579% |
| Recurring financial charges | 65 | €3,828 | €64,271 | +€60,443 | +1,579% |
| Profit (loss) for the period before taxes | 9903 | €1,281,150 | €531,425 | -€749,725 | -58.5% |
| Income taxes | 67/77 | €134,393 | €49,036 | -€85,357 | -63.5% |
| Profit (loss) for the period | 9904 | €1,146,758 | €482,390 | -€664,368 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,146,758 | €482,390 | -€664,368 | -57.9% |
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 17 October 2026 via checked.be.