BLAES SERVICES: 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.
BLAES SERVICES
Largest movements
- Stocks and contracts -€37,462
down €37,462 (-55.9%), from €67,054 to €29,592
- Deferred charges and accrued income +€18,309
up €18,309 (+538.5%), from €3,400 to €21,709
- Cash -€5,595
down €5,595 (-82.1%), from €6,813 to €1,218
mainly Other debts (-€24,778) and Deferred charges and accrued income (-€18,309)
- Tangible fixed assets +€1,032
up €1,032 (+16.9%), from €6,125 to €7,157
- Other debts -€24,778
down €24,778 (-13.0%), from €190,732 to €165,954
- Trade debts -€11,795
down €11,795 (-56.9%), from €20,741 to €8,946
- Tax, wage and social debts +€6,784
up €6,784 (+1127.0%), from €602 to €7,386
- Profit (loss) carried forward +€4,000
up €4,000 (+2.8%), from -€142,865 to -€138,865
- Short-term financial debts +€2,880
new in 2022: €2,880
- Gross operating margin -€11,815
down €11,815 (-14.8%), from €79,801 to €67,986
- Staff costs -€3,353
down €3,353 (-5.5%), from €60,637 to €57,284
- Depreciation -€2,570
down €2,570 (-42.2%), from €6,083 to €3,513
- Other operating charges +€1,265
up €1,265 (+114.4%), from €1,106 to €2,371
- Financial charges -€1,168
down €1,168 (-58.8%), from €1,986 to €818
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,802 | €64,893 | -€22,909 | -26.1% |
| Fixed assets | 21/28 | €7,995 | €9,027 | +€1,032 | +12.9% |
| Tangible fixed assets | 22/27 | €6,125 | €7,157 | +€1,032 | +16.9% |
| Furniture and vehicles | 24 | €6,125 | €7,157 | +€1,032 | +16.9% |
| Financial fixed assets | 28 | €1,870 | €1,870 | = | 0.0% |
| Current assets | 29/58 | €79,807 | €55,866 | -€23,941 | -30.0% |
| Stocks and contracts in progress | 3 | €67,054 | €29,592 | -€37,462 | -55.9% |
| Stocks | 30/36 | €67,054 | €29,592 | -€37,462 | -55.9% |
| Amounts receivable within one year | 40/41 | €2,540 | €3,347 | +€807 | +31.8% |
| Trade receivables | 40 | €2,540 | €3,347 | +€807 | +31.8% |
| Cash at bank and in hand | 54/58 | €6,813 | €1,218 | -€5,595 | -82.1% |
| Deferred charges and accrued income | 490/1 | €3,400 | €21,709 | +€18,309 | +538.5% |
| Total equity and liabilities | 10/49 | €87,802 | €64,893 | -€22,909 | -26.1% |
| Equity | 10/15 | -€124,273 | -€120,273 | +€4,000 | +3.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,865 | -€138,865 | +€4,000 | +2.8% |
| Amounts payable | 17/49 | €212,075 | €185,166 | -€26,909 | -12.7% |
| Amounts payable within one year | 42/48 | €212,075 | €185,166 | -€26,909 | -12.7% |
| Financial debts | 43 | - | €2,880 | +€2,880 | |
| Credit institutions | 430/8 | - | €2,880 | +€2,880 | |
| Trade debts | 44 | €20,741 | €8,946 | -€11,795 | -56.9% |
| Suppliers | 440/4 | €20,741 | €8,946 | -€11,795 | -56.9% |
| Taxes, remuneration and social security | 45 | €602 | €7,386 | +€6,784 | +1127.0% |
| Taxes | 450/3 | €602 | €7,386 | +€6,784 | +1127.0% |
| Other amounts payable | 47/48 | €190,732 | €165,954 | -€24,778 | -13.0% |
| Remuneration, social security and pensions | 62 | €60,637 | €57,284 | -€3,353 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,083 | €3,513 | -€2,570 | -42.2% |
| Other operating charges | 640/8 | €1,106 | €2,371 | +€1,265 | +114.4% |
| Gross operating margin | 9900 | €79,801 | €67,986 | -€11,815 | -14.8% |
| Operating profit (loss) | 9901 | €11,975 | €4,818 | -€7,157 | -59.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €1,986 | €818 | -€1,168 | -58.8% |
| Recurring financial charges | 65 | €1,986 | €818 | -€1,168 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €9,990 | €4,000 | -€5,990 | -60.0% |
| Profit (loss) for the period | 9904 | €9,990 | €4,000 | -€5,990 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,990 | €4,000 | -€5,990 | -60.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.