BLACKTIFF: what changed
BLACKTIFF
Largest movements
- Cash -€7,814
down €7,814 (-38.7%), from €20,200 to €12,386
mainly Other debts (-€30,000) and Trade debts (-€6,879)
- Receivables within one year -€6,104
down €6,104 (-16.1%), from €37,885 to €31,780
of which Trade receivables: -€6,399
- Other debts -€30,000
down €30,000 (-62.2%), from €48,207 to €18,207
- Profit (loss) carried forward +€16,096
no longer reported in 2025 (was -€16,096)
- Trade debts -€6,879
down €6,879 (-93.3%), from €7,374 to €495
- Reserves +€4,466
new in 2025: €4,466
- Tax, wage and social debts +€2,398
new in 2025: €2,398
- Taxes +€2,398
new in 2025: €2,398
- Financial income +€1,284
new in 2025: €1,284
- Gross operating margin -€289
down €289 (-1.3%), from €22,687 to €22,398
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,084 | €44,166 | -€13,918 | -24.0% |
| Current assets | 29/58 | €58,084 | €44,166 | -€13,918 | -24.0% |
| Amounts receivable within one year | 40/41 | €37,885 | €31,780 | -€6,104 | -16.1% |
| Trade receivables | 40 | €36,399 | €30,000 | -€6,399 | -17.6% |
| Other amounts receivable | 41 | €1,486 | €1,780 | +€295 | +19.8% |
| Cash at bank and in hand | 54/58 | €20,200 | €12,386 | -€7,814 | -38.7% |
| Total equity and liabilities | 10/49 | €58,084 | €44,166 | -€13,918 | -24.0% |
| Equity | 10/15 | €2,504 | €23,066 | +€20,562 | +821% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €4,466 | +€4,466 | |
| Distributable reserves | 133 | - | €4,466 | +€4,466 | |
| Profit (loss) carried forward | 14 | -€16,096 | - | +€16,096 | |
| Amounts payable | 17/49 | €55,581 | €21,100 | -€34,481 | -62.0% |
| Amounts payable within one year | 42/48 | €55,581 | €21,100 | -€34,481 | -62.0% |
| Trade debts | 44 | €7,374 | €495 | -€6,879 | -93.3% |
| Suppliers | 440/4 | €7,374 | €495 | -€6,879 | -93.3% |
| Taxes, remuneration and social security | 45 | - | €2,398 | +€2,398 | |
| Taxes | 450/3 | - | €2,398 | +€2,398 | |
| Other amounts payable | 47/48 | €48,207 | €18,207 | -€30,000 | -62.2% |
| Other operating charges | 640/8 | €200 | €420 | +€220 | +110% |
| Gross operating margin | 9900 | €22,687 | €22,398 | -€289 | -1.3% |
| Operating profit (loss) | 9901 | €22,487 | €21,978 | -€509 | -2.3% |
| Financial income | 75/76B | - | €1,284 | +€1,284 | |
| Recurring financial income | 75 | - | €1,284 | +€1,284 | |
| Financial charges | 65/66B | €123 | €301 | +€179 | +145% |
| Recurring financial charges | 65 | €123 | €301 | +€179 | +145% |
| Profit (loss) for the period before taxes | 9903 | €22,364 | €22,961 | +€597 | +2.7% |
| Income taxes | 67/77 | - | €2,398 | +€2,398 | |
| Profit (loss) for the period | 9904 | €22,364 | €20,562 | -€1,802 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,364 | €20,562 | -€1,802 | -8.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.