BLACKCOFFEE: 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.
BLACKCOFFEE
Largest movements
- Tangible fixed assets +€50,345
up €50,345 (+44.9%), from €112,124 to €162,470
of which Furniture and vehicles: +€42,157
- Cash -€30,033
down €30,033 (-12.6%), from €238,476 to €208,443
mainly Investment in fixed assets (net) (-€83,486) and Trade debts (-€32,319)
- Receivables within one year -€13,275
down €13,275 (-19.2%), from €68,997 to €55,723
of which Trade receivables: -€12,851
- Trade debts -€32,319
down €32,319 (-46.3%), from €69,772 to €37,453
- Debts after one year +€25,846
up €25,846 (+114%), from €22,590 to €48,436
- Reserves +€14,047
up €14,047 (+5.4%), from €258,203 to €272,250
of which Distributable reserves: +€14,047
- Current portion of long-term debt +€8,730
up €8,730 (+83.8%), from €10,423 to €19,154
- Tax, wage and social debts -€7,354
down €7,354 (-18.7%), from €39,255 to €31,901
of which Taxes: -€7,757
- Gross operating margin -€39,072
down €39,072 (-27.0%), from €144,893 to €105,821
- Taxes -€6,830
down €6,830 (-50.1%), from €13,621 to €6,790
- Other operating charges +€6,808
up €6,808 (+789%), from €863 to €7,670
- Financial charges +€5,031
up €5,031, from -€91 to €4,940
- Staff costs +€1,879
up €1,879 (+4.7%), from €40,129 to €42,009
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 | €451,255 | €459,962 | +€8,707 | +1.9% |
| Fixed assets | 21/28 | €119,181 | €169,527 | +€50,345 | +42.2% |
| Tangible fixed assets | 22/27 | €112,124 | €162,470 | +€50,345 | +44.9% |
| Plant, machinery and equipment | 23 | €47,359 | €41,597 | -€5,762 | -12.2% |
| Furniture and vehicles | 24 | €37,562 | €79,719 | +€42,157 | +112% |
| Other tangible fixed assets | 26 | €27,204 | €41,154 | +€13,950 | +51.3% |
| Financial fixed assets | 28 | €7,057 | €7,057 | = | 0.0% |
| Current assets | 29/58 | €332,074 | €290,435 | -€41,639 | -12.5% |
| Stocks and contracts in progress | 3 | €24,600 | €24,600 | = | 0.0% |
| Stocks | 30/36 | €24,600 | €24,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,997 | €55,723 | -€13,275 | -19.2% |
| Trade receivables | 40 | €28,348 | €15,497 | -€12,851 | -45.3% |
| Other amounts receivable | 41 | €40,649 | €40,226 | -€423 | -1.0% |
| Cash at bank and in hand | 54/58 | €238,476 | €208,443 | -€30,033 | -12.6% |
| Deferred charges and accrued income | 490/1 | - | €1,669 | +€1,669 | |
| Total equity and liabilities | 10/49 | €451,255 | €459,962 | +€8,707 | +1.9% |
| Equity | 10/15 | €308,199 | €322,246 | +€14,047 | +4.6% |
| Contributions | 10/11 | €49,996 | €49,996 | = | 0.0% |
| Capital | 10 | €49,996 | €49,996 | = | 0.0% |
| Issued capital | 100 | €49,996 | €49,996 | = | 0.0% |
| Reserves | 13 | €258,203 | €272,250 | +€14,047 | +5.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €253,203 | €267,250 | +€14,047 | +5.5% |
| Amounts payable | 17/49 | €143,056 | €137,716 | -€5,340 | -3.7% |
| Amounts payable after more than one year | 17 | €22,590 | €48,436 | +€25,846 | +114% |
| Financial debts | 170/4 | €22,590 | €48,436 | +€25,846 | +114% |
| Amounts payable within one year | 42/48 | €120,466 | €89,280 | -€31,186 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €10,423 | €19,154 | +€8,730 | +83.8% |
| Trade debts | 44 | €69,772 | €37,453 | -€32,319 | -46.3% |
| Suppliers | 440/4 | €69,772 | €37,453 | -€32,319 | -46.3% |
| Taxes, remuneration and social security | 45 | €39,255 | €31,901 | -€7,354 | -18.7% |
| Taxes | 450/3 | €31,448 | €23,691 | -€7,757 | -24.7% |
| Remuneration and social security | 454/9 | €7,807 | €8,210 | +€403 | +5.2% |
| Other amounts payable | 47/48 | €1,016 | €773 | -€243 | -23.9% |
| Non-recurring operating income | 76A | €1,629 | - | -€1,629 | |
| Remuneration, social security and pensions | 62 | €40,129 | €42,009 | +€1,879 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,749 | €33,140 | -€609 | -1.8% |
| Other operating charges | 640/8 | €863 | €7,670 | +€6,808 | +789% |
| Gross operating margin | 9900 | €144,893 | €105,821 | -€39,072 | -27.0% |
| Operating profit (loss) | 9901 | €70,152 | €23,002 | -€47,151 | -67.2% |
| Financial income | 75/76B | €2,700 | €2,776 | +€75 | +2.8% |
| Recurring financial income | 75 | €2,700 | €2,776 | +€75 | +2.8% |
| Financial charges | 65/66B | -€91 | €4,940 | +€5,031 | |
| Recurring financial charges | 65 | -€91 | €4,940 | +€5,031 | |
| Profit (loss) for the period before taxes | 9903 | €72,943 | €20,837 | -€52,106 | -71.4% |
| Income taxes | 67/77 | €13,621 | €6,790 | -€6,830 | -50.1% |
| Profit (loss) for the period | 9904 | €59,322 | €14,047 | -€45,276 | -76.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,322 | €14,047 | -€45,276 | -76.3% |
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 19 October 2026 via checked.be.