BLANCO CONSULT: 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.
BLANCO CONSULT
Largest movements
- Stocks and contracts -€28,370
down €28,370 (-66.0%), from €43,005 to €14,635
- Tangible fixed assets +€20,990
up €20,990 (+125.3%), from €16,756 to €37,746
of which Furniture and vehicles: +€22,622
- Cash +€6,085
up €6,085 (+126.9%), from €4,794 to €10,879
mainly Stocks and contracts (+€28,370) and Debts after one year (+€17,370)
- Receivables within one year +€4,345
up €4,345 (+11.8%), from €36,755 to €41,100
of which Trade receivables: +€6,960
- Debts after one year +€17,370
new in 2025: €17,370
- Profit (loss) carried forward -€14,787
down €14,787, from €13,320 to -€1,467
- Tax, wage and social debts -€14,413
down €14,413 (-48.5%), from €29,694 to €15,281
of which Remuneration and social security: -€26,700
- Trade debts +€8,141
up €8,141 (+118.8%), from €6,853 to €14,994
- Short-term financial debts +€7,307
new in 2025: €7,307
- Depreciation -€2,508
down €2,508 (-13.1%), from €19,194 to €16,686
- Other operating charges +€957
up €957 (+41.7%), from €2,292 to €3,248
- Financial charges +€737
up €737 (+96.7%), from €762 to €1,498
- Gross operating margin -€587
down €587 (-7.7%), from €7,589 to €7,002
- Taxes -€159
down €159 (-32.3%), from €494 to €335
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 | €106,654 | €109,216 | +€2,562 | +2.4% |
| Fixed assets | 21/28 | €19,506 | €39,796 | +€20,290 | +104.0% |
| Intangible fixed assets | 21 | €2,460 | €1,760 | -€700 | -28.5% |
| Tangible fixed assets | 22/27 | €16,756 | €37,746 | +€20,990 | +125.3% |
| Plant, machinery and equipment | 23 | €2,221 | €589 | -€1,633 | -73.5% |
| Furniture and vehicles | 24 | €14,535 | €37,157 | +€22,622 | +155.6% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €87,148 | €69,420 | -€17,728 | -20.3% |
| Stocks and contracts in progress | 3 | €43,005 | €14,635 | -€28,370 | -66.0% |
| Contracts in progress | 37 | €43,005 | €14,635 | -€28,370 | -66.0% |
| Amounts receivable within one year | 40/41 | €36,755 | €41,100 | +€4,345 | +11.8% |
| Trade receivables | 40 | €34,140 | €41,100 | +€6,960 | +20.4% |
| Other amounts receivable | 41 | €2,615 | - | -€2,615 | |
| Cash at bank and in hand | 54/58 | €4,794 | €10,879 | +€6,085 | +126.9% |
| Deferred charges and accrued income | 490/1 | €2,594 | €2,806 | +€212 | +8.2% |
| Total equity and liabilities | 10/49 | €106,654 | €109,216 | +€2,562 | +2.4% |
| Equity | 10/15 | €43,361 | €28,574 | -€14,787 | -34.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,449 | €11,449 | = | 0.0% |
| Distributable reserves | 133 | €11,449 | €11,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,320 | -€1,467 | -€14,787 | |
| Amounts payable | 17/49 | €63,293 | €80,642 | +€17,349 | +27.4% |
| Amounts payable after more than one year | 17 | - | €17,370 | +€17,370 | |
| Financial debts | 170/4 | - | €17,370 | +€17,370 | |
| Amounts payable within one year | 42/48 | €62,550 | €62,866 | +€316 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €5,178 | - | -€5,178 | |
| Financial debts | 43 | - | €7,307 | +€7,307 | |
| Credit institutions | 430/8 | - | €7,307 | +€7,307 | |
| Trade debts | 44 | €6,853 | €14,994 | +€8,141 | +118.8% |
| Suppliers | 440/4 | €6,853 | €14,994 | +€8,141 | +118.8% |
| Taxes, remuneration and social security | 45 | €29,694 | €15,281 | -€14,413 | -48.5% |
| Taxes | 450/3 | €2,994 | €15,281 | +€12,287 | +410.4% |
| Remuneration and social security | 454/9 | €26,700 | - | -€26,700 | |
| Other amounts payable | 47/48 | €20,826 | €25,284 | +€4,458 | +21.4% |
| Accrued charges and deferred income | 492/3 | €743 | €407 | -€336 | -45.3% |
| Non-recurring operating income | 76A | - | €348 | +€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,194 | €16,686 | -€2,508 | -13.1% |
| Other operating charges | 640/8 | €2,292 | €3,248 | +€957 | +41.7% |
| Non-recurring operating charges | 66A | - | €34 | +€34 | |
| Gross operating margin | 9900 | €7,589 | €7,002 | -€587 | -7.7% |
| Operating profit (loss) | 9901 | -€13,897 | -€12,966 | +€930 | +6.7% |
| Financial income | 75/76B | €22 | €12 | -€10 | -44.0% |
| Recurring financial income | 75 | €22 | €12 | -€10 | -44.0% |
| Financial charges | 65/66B | €762 | €1,498 | +€737 | +96.7% |
| Recurring financial charges | 65 | €762 | €1,498 | +€737 | +96.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,637 | -€14,452 | +€184 | +1.3% |
| Income taxes | 67/77 | €494 | €335 | -€159 | -32.3% |
| Profit (loss) for the period | 9904 | -€15,131 | -€14,787 | +€344 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,131 | -€14,787 | +€344 | +2.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.