Blakk: 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.
Blakk
Largest movements
- Financial fixed assets -€312,500
down €312,500 (-55.6%), from €562,500 to €250,000
- Cash +€109,992
up €109,992 (+347.7%), from €31,633 to €141,626
mainly Investment in fixed assets (net) (+€308,679) and Net result for the year (+€245,212)
- Receivables after one year +€42,023
new in 2025: €42,023
- Receivables within one year +€21,567
up €21,567 (+396.1%), from €5,445 to €27,012
of which Other amounts receivable: +€27,012
- Debts after one year -€150,000
down €150,000 (-52.6%), from €285,000 to €135,000
of which Financial debts: -€125,000
- Profit (loss) carried forward +€70,212
up €70,212 (+115.9%), from €60,604 to €130,816
- Other debts -€41,764
down €41,764 (-55.7%), from €75,000 to €33,236
- Current portion of long-term debt -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Tax, wage and social debts +€19,067
up €19,067 (+238.1%), from €8,008 to €27,075
of which Taxes: +€19,067
- Financial income +€199,804
up €199,804 (+506.2%), from €39,471 to €239,275
of which Non-recurring financial income: +€189,150
- Gross operating margin -€23,669
down €23,669 (-65.6%), from €36,088 to €12,419
- Financial charges -€11,501
down €11,501 (-78.6%), from €14,638 to €3,137
- Taxes -€10,729
down €10,729 (-100.0%), from €10,729 to €0
- Staff costs +€2,000
new in 2025: €2,000
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €601,675 | €466,038 | -€135,636 | -22.5% |
| Fixed assets | 21/28 | €562,500 | €253,461 | -€309,039 | -54.9% |
| Tangible fixed assets | 22/27 | - | €3,461 | +€3,461 | |
| Furniture and vehicles | 24 | - | €3,461 | +€3,461 | |
| Financial fixed assets | 28 | €562,500 | €250,000 | -€312,500 | -55.6% |
| Current assets | 29/58 | €39,175 | €212,577 | +€173,402 | +442.6% |
| Amounts receivable after more than one year | 29 | - | €42,023 | +€42,023 | |
| Other amounts receivable | 291 | - | €42,023 | +€42,023 | |
| Amounts receivable within one year | 40/41 | €5,445 | €27,012 | +€21,567 | +396.1% |
| Trade receivables | 40 | €5,445 | €0 | -€5,445 | -100.0% |
| Other amounts receivable | 41 | - | €27,012 | +€27,012 | |
| Cash at bank and in hand | 54/58 | €31,633 | €141,626 | +€109,992 | +347.7% |
| Deferred charges and accrued income | 490/1 | €2,096 | €1,916 | -€180 | -8.6% |
| Total equity and liabilities | 10/49 | €601,675 | €466,038 | -€135,636 | -22.5% |
| Equity | 10/15 | €198,411 | €268,623 | +€70,212 | +35.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €117,807 | €117,807 | = | 0.0% |
| Distributable reserves | 133 | €117,807 | €117,807 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,604 | €130,816 | +€70,212 | +115.9% |
| Amounts payable | 17/49 | €403,264 | €197,415 | -€205,848 | -51.0% |
| Amounts payable after more than one year | 17 | €285,000 | €135,000 | -€150,000 | -52.6% |
| Financial debts | 170/4 | €125,000 | €0 | -€125,000 | -100.0% |
| Other amounts payable | 178/9 | €160,000 | €135,000 | -€25,000 | -15.6% |
| Amounts payable within one year | 42/48 | €108,173 | €60,894 | -€47,279 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €165 | €583 | +€418 | +253.4% |
| Suppliers | 440/4 | €165 | €583 | +€418 | +253.4% |
| Taxes, remuneration and social security | 45 | €8,008 | €27,075 | +€19,067 | +238.1% |
| Taxes | 450/3 | €7,308 | €26,375 | +€19,067 | +260.9% |
| Remuneration and social security | 454/9 | €700 | €700 | = | 0.0% |
| Other amounts payable | 47/48 | €75,000 | €33,236 | -€41,764 | -55.7% |
| Accrued charges and deferred income | 492/3 | €10,090 | €1,521 | -€8,569 | -84.9% |
| Remuneration, social security and pensions | 62 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €359 | +€359 | |
| Other operating charges | 640/8 | €485 | €986 | +€501 | +103.3% |
| Gross operating margin | 9900 | €36,088 | €12,419 | -€23,669 | -65.6% |
| Operating profit (loss) | 9901 | €35,603 | €9,074 | -€26,530 | -74.5% |
| Financial income | 75/76B | €39,471 | €239,275 | +€199,804 | +506.2% |
| Recurring financial income | 75 | €39,471 | €50,125 | +€10,655 | +27.0% |
| Non-recurring financial income | 76B | - | €189,150 | +€189,150 | |
| Financial charges | 65/66B | €14,638 | €3,137 | -€11,501 | -78.6% |
| Recurring financial charges | 65 | €14,638 | €3,137 | -€11,501 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €60,436 | €245,212 | +€184,776 | +305.7% |
| Income taxes | 67/77 | €10,729 | €0 | -€10,729 | -100.0% |
| Profit (loss) for the period | 9904 | €49,707 | €245,212 | +€195,505 | +393.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,707 | €245,212 | +€195,505 | +393.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.