BLADWIT: 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.
What changed
BLADWIT
NACE 73.300, Public relations and communication consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€75,083
2024 · €1.4m-€1.3m
Equity
€1.7m
2024 · €2.0m-€265,689
Cash
€188,383
2024 · €187,517+€866
Balance sheet total
€2.1m
2024 · €2.4m-€265,859
Largest movements
Assets
- Current investments -€233,323
down €233,323 (-23.3%), from €1.0m to €766,677
Equity and liabilities
- Reserves -€265,689
down €265,689 (-13.6%), from €2.0m to €1.7m
Income statement
- Financial income -€1.5m
down €1.5m (-97.6%), from €1.5m to €35,638
of which Non-recurring financial income: -€1.5m
- Taxes -€123,868
down €123,868 (-77.2%), from €160,436 to €36,567
- Gross operating margin +€24,763
up €24,763 (+33.1%), from €74,884 to €99,647
- Financial charges +€1,856
up €1,856 (+72.4%), from €2,563 to €4,419
- Depreciation +€1,161
up €1,161 (+7.3%), from €15,866 to €17,027
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.
Result 2024
€1.4m
Gross operating margin
+€24,763
Depreciation
-€1,161
Other operating charges
-€519
Financial income
-€1.5m
Financial charges
-€1,856
Taxes
+€123,868
Result 2025
€75,083
Cash bridge derived
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.
From operations
+€145,232
Investment
+€230,123
Financing
-€374,489
Cash 2024
€187,517
From operations (derived)
+€145,232
Net result for the year
+€75,083
Depreciation
+€17,027
Receivables within one year
+€19,395
Smaller working-capital items
+€926
Tax, wage and social debts
+€17,184
Other debts
+€15,616
Investment (derived)
+€230,123
Investment in fixed assets (net)
-€3,200
Current investments
+€233,323
Financing
-€374,489
Debts after one year
-€21,208
Current portion of long-term debt
-€12,509
Contributions, distributions and other
-€340,771
Cash 2025
€188,383
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,380,486 | €2,114,626 | -€265,859 | -11.2% |
| Fixed assets | 21/28 | €814,494 | €800,667 | -€13,827 | -1.7% |
| Tangible fixed assets | 22/27 | €59,552 | €45,725 | -€13,827 | -23.2% |
| Land and buildings | 22 | €6,989 | €6,225 | -€764 | -10.9% |
| Plant, machinery and equipment | 23 | - | €2,101 | +€2,101 | |
| Furniture and vehicles | 24 | €52,564 | €37,399 | -€15,164 | -28.8% |
| Financial fixed assets | 28 | €754,941 | €754,941 | = | 0.0% |
| Current assets | 29/58 | €1,565,992 | €1,313,959 | -€252,033 | -16.1% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €190 | €190 | = | 0.0% |
| Stocks | 30/36 | €190 | €190 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €193,423 | €174,027 | -€19,395 | -10.0% |
| Trade receivables | 40 | €21,375 | €4,027 | -€17,347 | -81.2% |
| Other amounts receivable | 41 | €172,048 | €170,000 | -€2,048 | -1.2% |
| Current investments | 50/53 | €1,000,000 | €766,677 | -€233,323 | -23.3% |
| Cash at bank and in hand | 54/58 | €187,517 | €188,383 | +€866 | +0.5% |
| Deferred charges and accrued income | 490/1 | €34,861 | €34,681 | -€180 | -0.5% |
| Total equity and liabilities | 10/49 | €2,380,486 | €2,114,626 | -€265,859 | -11.2% |
| Equity | 10/15 | €1,961,483 | €1,695,795 | -€265,689 | -13.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,955,283 | €1,689,595 | -€265,689 | -13.6% |
| Distributable reserves | 133 | €1,955,283 | €1,689,595 | -€265,689 | -13.6% |
| Amounts payable | 17/49 | €419,002 | €418,831 | -€171 | 0.0% |
| Amounts payable after more than one year | 17 | €176,556 | €155,348 | -€21,208 | -12.0% |
| Financial debts | 170/4 | €26,556 | €5,348 | -€21,208 | -79.9% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €241,575 | €262,039 | +€20,464 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €35,472 | €22,962 | -€12,509 | -35.3% |
| Trade debts | 44 | €4,064 | €4,237 | +€173 | +4.2% |
| Suppliers | 440/4 | €4,064 | €4,237 | +€173 | +4.2% |
| Taxes, remuneration and social security | 45 | €156,923 | €174,107 | +€17,184 | +11.0% |
| Taxes | 450/3 | €156,798 | €173,242 | +€16,445 | +10.5% |
| Remuneration and social security | 454/9 | €125 | €864 | +€739 | +591.5% |
| Other amounts payable | 47/48 | €45,117 | €60,733 | +€15,616 | +34.6% |
| Accrued charges and deferred income | 492/3 | €871 | €1,444 | +€573 | +65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,866 | €17,027 | +€1,161 | +7.3% |
| Other operating charges | 640/8 | €1,670 | €2,188 | +€519 | +31.1% |
| Gross operating margin | 9900 | €74,884 | €99,647 | +€24,763 | +33.1% |
| Operating profit (loss) | 9901 | €57,349 | €80,431 | +€23,083 | +40.3% |
| Financial income | 75/76B | €1,515,000 | €35,638 | -€1.5m | -97.6% |
| Recurring financial income | 75 | €16,461 | €35,638 | +€19,177 | +116.5% |
| Non-recurring financial income | 76B | €1,498,539 | - | -€1.5m | |
| Financial charges | 65/66B | €2,563 | €4,419 | +€1,856 | +72.4% |
| Recurring financial charges | 65 | €2,563 | €4,419 | +€1,856 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | €1,569,785 | €111,650 | -€1.5m | -92.9% |
| Income taxes | 67/77 | €160,436 | €36,567 | -€123,868 | -77.2% |
| Profit (loss) for the period | 9904 | €1,409,349 | €75,083 | -€1.3m | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,409,349 | €75,083 | -€1.3m | -94.7% |
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 11 October 2026 via checked.be.