Bladi: what changed
Two fiscal 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.
Bladi
Largest movements
- Receivables within one year -€37,929
down €37,929 (-44.2%), from €85,730 to €47,802
of which Trade receivables: -€42,920
- Tangible fixed assets -€20,453
down €20,453 (-19.4%), from €105,418 to €84,965
of which Plant, machinery and equipment: -€14,673
- Cash +€6,560
up €6,560 (+20.4%), from €32,211 to €38,771
mainly Other debts (+€82,924) and Receivables within one year (+€37,929)
- Stocks and contracts -€3,401
down €3,401 (-17.2%), from €19,751 to €16,350
- Profit (loss) carried forward -€97,878
down €97,878 (-109.8%), from -€89,118 to -€186,996
- Other debts +€82,924
up €82,924 (+47.7%), from €173,995 to €256,919
- Trade debts -€40,977
down €40,977 (-42.6%), from €96,176 to €55,199
of which Suppliers: -€37,012
- Staff costs +€9,876
up €9,876 (+17.0%), from €58,059 to €67,935
- Depreciation -€4,081
down €4,081 (-15.2%), from €26,773 to €22,692
- Gross operating margin -€1,623
down €1,623 (-67.3%), from -€2,411 to -€4,034
- Financial charges +€1,380
up €1,380 (+96.6%), from €1,429 to €2,808
- Financial income +€257
up €257 (+2597.2%), from €10 to €267
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 | €243,110 | €189,179 | -€53,931 | -22.2% |
| Fixed assets | 21/28 | €105,418 | €84,965 | -€20,453 | -19.4% |
| Tangible fixed assets | 22/27 | €105,418 | €84,965 | -€20,453 | -19.4% |
| Plant, machinery and equipment | 23 | €64,054 | €49,380 | -€14,673 | -22.9% |
| Furniture and vehicles | 24 | €2,857 | €1,348 | -€1,509 | -52.8% |
| Other tangible fixed assets | 26 | €38,507 | €34,237 | -€4,271 | -11.1% |
| Current assets | 29/58 | €137,692 | €104,214 | -€33,478 | -24.3% |
| Stocks and contracts in progress | 3 | €19,751 | €16,350 | -€3,401 | -17.2% |
| Stocks | 30/36 | €19,751 | €16,350 | -€3,401 | -17.2% |
| Amounts receivable within one year | 40/41 | €85,730 | €47,802 | -€37,929 | -44.2% |
| Trade receivables | 40 | €85,722 | €42,802 | -€42,920 | -50.1% |
| Other amounts receivable | 41 | €8 | €5,000 | +€4,991 | +59920.9% |
| Cash at bank and in hand | 54/58 | €32,211 | €38,771 | +€6,560 | +20.4% |
| Deferred charges and accrued income | 490/1 | - | €1,292 | +€1,292 | |
| Total equity and liabilities | 10/49 | €243,110 | €189,179 | -€53,931 | -22.2% |
| Equity | 10/15 | -€39,118 | -€136,996 | -€97,878 | -250.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,118 | -€186,996 | -€97,878 | -109.8% |
| Amounts payable | 17/49 | €282,228 | €326,175 | +€43,947 | +15.6% |
| Amounts payable within one year | 42/48 | €281,939 | €326,006 | +€44,067 | +15.6% |
| Trade debts | 44 | €96,176 | €55,199 | -€40,977 | -42.6% |
| Suppliers | 440/4 | €92,211 | €55,199 | -€37,012 | -40.1% |
| Bills of exchange payable | 441 | €3,965 | €0 | -€3,965 | -100.0% |
| Advances received on contracts in progress | 46 | €342 | €342 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,426 | €13,546 | +€2,120 | +18.6% |
| Taxes | 450/3 | €167 | €90 | -€77 | -46.1% |
| Remuneration and social security | 454/9 | €11,259 | €13,456 | +€2,197 | +19.5% |
| Other amounts payable | 47/48 | €173,995 | €256,919 | +€82,924 | +47.7% |
| Accrued charges and deferred income | 492/3 | €289 | €169 | -€120 | -41.5% |
| Remuneration, social security and pensions | 62 | €58,059 | €67,935 | +€9,876 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,773 | €22,692 | -€4,081 | -15.2% |
| Other operating charges | 640/8 | €455 | €675 | +€220 | +48.4% |
| Gross operating margin | 9900 | -€2,411 | -€4,034 | -€1,623 | -67.3% |
| Operating profit (loss) | 9901 | -€87,699 | -€95,337 | -€7,638 | -8.7% |
| Financial income | 75/76B | €10 | €267 | +€257 | +2597.2% |
| Recurring financial income | 75 | €10 | €267 | +€257 | +2597.2% |
| Financial charges | 65/66B | €1,429 | €2,808 | +€1,380 | +96.6% |
| Recurring financial charges | 65 | €1,429 | €2,808 | +€1,380 | +96.6% |
| Profit (loss) for the period before taxes | 9903 | -€89,118 | -€97,878 | -€8,760 | -9.8% |
| Profit (loss) for the period | 9904 | -€89,118 | -€97,878 | -€8,760 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,118 | -€97,878 | -€8,760 | -9.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.