BLANCQUAERT TOOLS: 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.
BLANCQUAERT TOOLS
Largest movements
- Receivables within one year -€302,604
down €302,604 (-75.0%), from €403,586 to €100,982
of which Other amounts receivable: -€251,808
- Current investments -€8,341
no longer reported in 2025 (was €8,341)
- Cash +€8,077
up €8,077 (+44.8%), from €18,010 to €26,087
mainly Receivables within one year (+€302,604) and Net result for the year (+€56,735)
- Other debts -€300,000
no longer reported in 2025 (was €300,000)
- Profit (loss) carried forward +€56,735
up €56,735 (+76.8%), from -€73,911 to -€17,176
- Trade debts -€56,399
down €56,399 (-50.4%), from €111,792 to €55,393
- Staff costs -€103,041
no longer reported in 2025 (was €103,041)
- Gross operating margin +€21,268
up €21,268 (+55.9%), from €38,057 to €59,326
- Other operating charges -€10,728
down €10,728 (-94.0%), from €11,410 to €681
- Financial income -€4,778
down €4,778 (-84.8%), from €5,636 to €858
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 | €429,937 | €127,069 | -€302,869 | -70.4% |
| Current assets | 29/58 | €429,937 | €127,069 | -€302,869 | -70.4% |
| Amounts receivable within one year | 40/41 | €403,586 | €100,982 | -€302,604 | -75.0% |
| Trade receivables | 40 | €150,015 | €99,218 | -€50,796 | -33.9% |
| Other amounts receivable | 41 | €253,571 | €1,763 | -€251,808 | -99.3% |
| Current investments | 50/53 | €8,341 | - | -€8,341 | |
| Cash at bank and in hand | 54/58 | €18,010 | €26,087 | +€8,077 | +44.8% |
| Total equity and liabilities | 10/49 | €429,937 | €127,069 | -€302,869 | -70.4% |
| Equity | 10/15 | €12,507 | €69,241 | +€56,735 | +454% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €66,418 | €66,418 | = | 0.0% |
| Distributable reserves | 133 | €66,418 | €66,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,911 | -€17,176 | +€56,735 | +76.8% |
| Amounts payable | 17/49 | €417,431 | €57,827 | -€359,603 | -86.1% |
| Amounts payable within one year | 42/48 | €417,431 | €57,827 | -€359,603 | -86.1% |
| Trade debts | 44 | €111,792 | €55,393 | -€56,399 | -50.4% |
| Suppliers | 440/4 | €111,792 | €55,393 | -€56,399 | -50.4% |
| Advances received on contracts in progress | 46 | - | €752 | +€752 | |
| Taxes, remuneration and social security | 45 | €5,639 | €1,682 | -€3,957 | -70.2% |
| Taxes | 450/3 | €5,639 | €1,682 | -€3,957 | -70.2% |
| Other amounts payable | 47/48 | €300,000 | - | -€300,000 | |
| Non-recurring operating income | 76A | - | €323 | +€323 | |
| Remuneration, social security and pensions | 62 | €103,041 | - | -€103,041 | |
| Other operating charges | 640/8 | €11,410 | €681 | -€10,728 | -94.0% |
| Gross operating margin | 9900 | €38,057 | €59,326 | +€21,268 | +55.9% |
| Operating profit (loss) | 9901 | -€76,393 | €58,644 | +€135,037 | |
| Financial income | 75/76B | €5,636 | €858 | -€4,778 | -84.8% |
| Recurring financial income | 75 | €5,636 | €858 | -€4,778 | -84.8% |
| Financial charges | 65/66B | €3,059 | €2,768 | -€292 | -9.5% |
| Recurring financial charges | 65 | €3,059 | €2,768 | -€292 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€73,816 | €56,735 | +€130,551 | |
| Income taxes | 67/77 | €95 | - | -€95 | |
| Profit (loss) for the period | 9904 | -€73,911 | €56,735 | +€130,646 | |
| Profit (loss) for the period to be appropriated | 9905 | -€73,911 | €56,735 | +€130,646 |
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 25 October 2026 via checked.be.