Blackstream: 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.
Blackstream
Largest movements
- Tangible fixed assets +€187,230
up €187,230 (+81.7%), from €229,135 to €416,365
of which Plant, machinery and equipment: +€127,573
- Cash -€165,362
down €165,362 (-41.4%), from €399,286 to €233,924
mainly Investment in fixed assets (net) (-€241,123) and Other debts (-€70,114)
- Receivables within one year -€35,586
down €35,586 (-19.3%), from €184,851 to €149,265
of which Trade receivables: -€57,893
- Stocks and contracts +€9,093
up €9,093 (+34.3%), from €26,536 to €35,629
- Debts after one year +€94,636
up €94,636 (+66.4%), from €142,573 to €237,209
of which Other amounts payable: +€72,425
- Other debts -€70,114
down €70,114 (-97.3%), from €72,076 to €1,961
- Profit (loss) carried forward -€53,022
down €53,022 (-12.5%), from €424,660 to €371,638
- Current portion of long-term debt +€13,724
up €13,724 (+81.4%), from €16,851 to €30,575
- Trade debts +€9,286
up €9,286 (+12.5%), from €74,007 to €83,293
- Staff costs +€133,190
up €133,190 (+30.2%), from €441,532 to €574,722
- Gross operating margin -€36,854
down €36,854 (-5.9%), from €621,079 to €584,225
- Depreciation +€12,999
up €12,999 (+31.8%), from €40,894 to €53,893
- Other operating charges -€6,342
down €6,342 (-77.4%), from €8,195 to €1,853
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €850,394 | €849,081 | -€1,313 | -0.2% |
| Fixed assets | 21/28 | €229,135 | €416,365 | +€187,230 | +81.7% |
| Tangible fixed assets | 22/27 | €229,135 | €416,365 | +€187,230 | +81.7% |
| Plant, machinery and equipment | 23 | €150,365 | €277,938 | +€127,573 | +84.8% |
| Furniture and vehicles | 24 | €18,123 | €44,330 | +€26,208 | +144.6% |
| Leasing and similar rights | 25 | €60,647 | €94,096 | +€33,449 | +55.2% |
| Current assets | 29/58 | €621,259 | €432,715 | -€188,543 | -30.3% |
| Stocks and contracts in progress | 3 | €26,536 | €35,629 | +€9,093 | +34.3% |
| Stocks | 30/36 | €26,536 | €35,629 | +€9,093 | +34.3% |
| Amounts receivable within one year | 40/41 | €184,851 | €149,265 | -€35,586 | -19.3% |
| Trade receivables | 40 | €184,851 | €126,958 | -€57,893 | -31.3% |
| Other amounts receivable | 41 | - | €22,308 | +€22,308 | |
| Cash at bank and in hand | 54/58 | €399,286 | €233,924 | -€165,362 | -41.4% |
| Deferred charges and accrued income | 490/1 | €10,585 | €13,896 | +€3,311 | +31.3% |
| Total equity and liabilities | 10/49 | €850,394 | €849,081 | -€1,313 | -0.2% |
| Equity | 10/15 | €468,660 | €415,638 | -€53,022 | -11.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €424,660 | €371,638 | -€53,022 | -12.5% |
| Amounts payable | 17/49 | €381,734 | €433,443 | +€51,708 | +13.5% |
| Amounts payable after more than one year | 17 | €142,573 | €237,209 | +€94,636 | +66.4% |
| Financial debts | 170/4 | €30,573 | €52,784 | +€22,211 | +72.6% |
| Other amounts payable | 178/9 | €112,000 | €184,425 | +€72,425 | +64.7% |
| Amounts payable within one year | 42/48 | €237,361 | €196,234 | -€41,127 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €16,851 | €30,575 | +€13,724 | +81.4% |
| Trade debts | 44 | €74,007 | €83,293 | +€9,286 | +12.5% |
| Suppliers | 440/4 | €74,007 | €83,293 | +€9,286 | +12.5% |
| Taxes, remuneration and social security | 45 | €74,427 | €80,404 | +€5,977 | +8.0% |
| Taxes | 450/3 | €18,905 | €8,416 | -€10,489 | -55.5% |
| Remuneration and social security | 454/9 | €55,522 | €71,988 | +€16,466 | +29.7% |
| Other amounts payable | 47/48 | €72,076 | €1,961 | -€70,114 | -97.3% |
| Accrued charges and deferred income | 492/3 | €1,800 | - | -€1,800 | |
| Remuneration, social security and pensions | 62 | €441,532 | €574,722 | +€133,190 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,894 | €53,893 | +€12,999 | +31.8% |
| Other operating charges | 640/8 | €8,195 | €1,853 | -€6,342 | -77.4% |
| Gross operating margin | 9900 | €621,079 | €584,225 | -€36,854 | -5.9% |
| Operating profit (loss) | 9901 | €130,457 | -€46,243 | -€176,700 | |
| Financial income | 75/76B | €445 | €195 | -€250 | -56.1% |
| Recurring financial income | 75 | €445 | €195 | -€250 | -56.1% |
| Financial charges | 65/66B | €3,770 | €6,960 | +€3,190 | +84.6% |
| Recurring financial charges | 65 | €3,770 | €6,960 | +€3,190 | +84.6% |
| Profit (loss) for the period before taxes | 9903 | €127,133 | -€53,007 | -€180,140 | |
| Income taxes | 67/77 | €1,982 | €15 | -€1,968 | -99.3% |
| Profit (loss) for the period | 9904 | €125,150 | -€53,022 | -€178,172 | |
| Profit (loss) for the period to be appropriated | 9905 | €125,150 | -€53,022 | -€178,172 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.