BLADT BUILDING ENGINEERING: 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.
BLADT BUILDING ENGINEERING
Largest movements
- Current investments +€600,089
up €600,089 (+95.4%), from €629,336 to €1.2m
- Tangible fixed assets -€74,658
down €74,658 (-22.7%), from €328,850 to €254,192
of which Land and buildings: -€62,243
- Cash -€63,811
down €63,811 (-9.1%), from €699,196 to €635,385
mainly Current investments (-€600,089) and Receivables within one year (-€50,058)
- Receivables within one year +€50,058
up €50,058 (+16.7%), from €300,320 to €350,378
- Receivables after one year -€30,000
down €30,000 (-9.7%), from €310,000 to €280,000
- Trade debts +€295,786
up €295,786 (+35.3%), from €836,962 to €1.1m
- Reserves +€198,688
up €198,688 (+14.3%), from €1.4m to €1.6m
- Gross operating margin -€33,288
down €33,288 (-8.5%), from €391,685 to €358,397
- Depreciation -€15,758
down €15,758 (-17.4%), from €90,416 to €74,658
- Financial charges +€15,048
up €15,048, from -€14,976 to €72
- Financial income +€12,920
up €12,920 (+182%), from €7,115 to €20,035
- Taxes -€4,841
down €4,841 (-4.7%), from €102,964 to €98,123
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 | €2,276,848 | €2,755,110 | +€478,263 | +21.0% |
| Fixed assets | 21/28 | €328,850 | €254,192 | -€74,658 | -22.7% |
| Tangible fixed assets | 22/27 | €328,850 | €254,192 | -€74,658 | -22.7% |
| Land and buildings | 22 | €274,908 | €212,664 | -€62,243 | -22.6% |
| Furniture and vehicles | 24 | €14,886 | €11,807 | -€3,079 | -20.7% |
| Other tangible fixed assets | 26 | €39,056 | €29,721 | -€9,336 | -23.9% |
| Current assets | 29/58 | €1,947,997 | €2,500,918 | +€552,921 | +28.4% |
| Amounts receivable after more than one year | 29 | €310,000 | €280,000 | -€30,000 | -9.7% |
| Other amounts receivable | 291 | €310,000 | €280,000 | -€30,000 | -9.7% |
| Amounts receivable within one year | 40/41 | €300,320 | €350,378 | +€50,058 | +16.7% |
| Other amounts receivable | 41 | €300,320 | €350,378 | +€50,058 | +16.7% |
| Current investments | 50/53 | €629,336 | €1,229,425 | +€600,089 | +95.4% |
| Cash at bank and in hand | 54/58 | €699,196 | €635,385 | -€63,811 | -9.1% |
| Deferred charges and accrued income | 490/1 | €9,146 | €5,730 | -€3,416 | -37.3% |
| Total equity and liabilities | 10/49 | €2,276,848 | €2,755,110 | +€478,263 | +21.0% |
| Equity | 10/15 | €1,408,458 | €1,607,146 | +€198,688 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,389,858 | €1,588,546 | +€198,688 | +14.3% |
| Distributable reserves | 133 | €1,389,858 | €1,588,546 | +€198,688 | +14.3% |
| Amounts payable | 17/49 | €868,389 | €1,147,964 | +€279,575 | +32.2% |
| Amounts payable after more than one year | 17 | €8,127 | €140 | -€7,987 | -98.3% |
| Other amounts payable | 178/9 | €8,127 | €140 | -€7,987 | -98.3% |
| Amounts payable within one year | 42/48 | €857,936 | €1,145,553 | +€287,618 | +33.5% |
| Trade debts | 44 | €836,962 | €1,132,748 | +€295,786 | +35.3% |
| Suppliers | 440/4 | €836,962 | €1,132,748 | +€295,786 | +35.3% |
| Taxes, remuneration and social security | 45 | €20,973 | €12,805 | -€8,168 | -38.9% |
| Taxes | 450/3 | €20,973 | €12,805 | -€8,168 | -38.9% |
| Accrued charges and deferred income | 492/3 | €2,327 | €2,271 | -€55 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,416 | €74,658 | -€15,758 | -17.4% |
| Other operating charges | 640/8 | €6,321 | €6,891 | +€571 | +9.0% |
| Gross operating margin | 9900 | €391,685 | €358,397 | -€33,288 | -8.5% |
| Operating profit (loss) | 9901 | €294,948 | €276,848 | -€18,101 | -6.1% |
| Financial income | 75/76B | €7,115 | €20,035 | +€12,920 | +182% |
| Recurring financial income | 75 | €7,115 | €20,035 | +€12,920 | +182% |
| Financial charges | 65/66B | -€14,976 | €72 | +€15,048 | |
| Recurring financial charges | 65 | -€14,976 | €72 | +€15,048 | |
| Profit (loss) for the period before taxes | 9903 | €317,039 | €296,810 | -€20,229 | -6.4% |
| Income taxes | 67/77 | €102,964 | €98,123 | -€4,841 | -4.7% |
| Profit (loss) for the period | 9904 | €214,075 | €198,688 | -€15,387 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €214,075 | €198,688 | -€15,387 | -7.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.