BLANDIJNBERG: 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
BLANDIJNBERG
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€280,863
2024 · -€379,101+€659,963
Equity
-€211,332
2024 · -€492,195+€280,863
Cash
€316,816
2024 · €234,027+€82,789
Balance sheet total
€16.8m
2024 · €17.0m-€145,117
Largest movements
Assets
- Tangible fixed assets -€247,675
down €247,675 (-1.5%), from €16.7m to €16.5m
of which Land and buildings: -€250,074
Equity and liabilities
- Debts after one year -€496,350
down €496,350 (-3.4%), from €14.7m to €14.2m
of which Financial debts: -€496,350
- Profit (loss) carried forward +€280,863
up €280,863 (+54.8%), from -€512,195 to -€231,332
Income statement
- Depreciation -€397,012
down €397,012 (-46.9%), from €846,971 to €449,959
- Gross operating margin +€342,408
up €342,408 (+43.1%), from €794,955 to €1.1m
- Financial charges +€62,615
up €62,615 (+24.1%), from €259,806 to €322,421
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
-€379,101
Gross operating margin
+€342,408
Staff costs
-€4,718
Depreciation
+€397,012
Other operating charges
-€9,180
Financial income
-€174
Financial charges
-€62,615
Taxes
-€2,770
Result 2025
€280,863
raises the resultlowers the result
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.
From operations
+€742,592
Investment
-€202,284
Financing
-€457,518
Cash 2024
€234,027
From operations (derived)
+€742,592
Net result for the year
+€280,863
Depreciation
+€449,959
Receivables within one year
-€19,768
Trade debts
+€17,510
Tax, wage and social debts
-€1,360
Other debts
+€13,031
Accrued charges and deferred income
+€2,357
Investment (derived)
-€202,284
Investment in fixed assets (net)
-€202,284
Financing
-€457,518
Debts after one year
-€496,350
Current portion of long-term debt
+€38,832
Cash 2025
€316,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,954,438 | €16,809,320 | -€145,117 | -0.9% |
| Fixed assets | 21/28 | €16,719,331 | €16,471,657 | -€247,675 | -1.5% |
| Tangible fixed assets | 22/27 | €16,719,331 | €16,471,657 | -€247,675 | -1.5% |
| Land and buildings | 22 | €16,712,622 | €16,462,548 | -€250,074 | -1.5% |
| Plant, machinery and equipment | 23 | €1,025 | €715 | -€310 | -30.3% |
| Furniture and vehicles | 24 | €5,684 | €8,394 | +€2,710 | +47.7% |
| Current assets | 29/58 | €235,107 | €337,664 | +€102,557 | +43.6% |
| Amounts receivable within one year | 40/41 | €232 | €20,000 | +€19,768 | +8,511% |
| Trade receivables | 40 | €229 | - | -€229 | |
| Other amounts receivable | 41 | €3 | €20,000 | +€19,997 | +613,397% |
| Cash at bank and in hand | 54/58 | €234,027 | €316,816 | +€82,789 | +35.4% |
| Deferred charges and accrued income | 490/1 | €848 | €848 | = | 0.0% |
| Total equity and liabilities | 10/49 | €16,954,438 | €16,809,320 | -€145,117 | -0.9% |
| Equity | 10/15 | -€492,195 | -€211,332 | +€280,863 | +57.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€512,195 | -€231,332 | +€280,863 | +54.8% |
| Amounts payable | 17/49 | €17,446,633 | €17,020,653 | -€425,980 | -2.4% |
| Amounts payable after more than one year | 17 | €14,711,232 | €14,214,882 | -€496,350 | -3.4% |
| Financial debts | 170/4 | €11,261,232 | €10,764,882 | -€496,350 | -4.4% |
| Other amounts payable | 178/9 | €3,450,000 | €3,450,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,735,401 | €2,803,413 | +€68,013 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €755,018 | €793,850 | +€38,832 | +5.1% |
| Trade debts | 44 | €22,282 | €39,791 | +€17,510 | +78.6% |
| Suppliers | 440/4 | €22,282 | €39,791 | +€17,510 | +78.6% |
| Taxes, remuneration and social security | 45 | €1,788 | €427 | -€1,360 | -76.1% |
| Taxes | 450/3 | €1,788 | €427 | -€1,360 | -76.1% |
| Other amounts payable | 47/48 | €1,956,313 | €1,969,344 | +€13,031 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €2,357 | +€2,357 | |
| Remuneration, social security and pensions | 62 | €34,025 | €38,743 | +€4,718 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €846,971 | €449,959 | -€397,012 | -46.9% |
| Other operating charges | 640/8 | €33,557 | €42,737 | +€9,180 | +27.4% |
| Gross operating margin | 9900 | €794,955 | €1,137,363 | +€342,408 | +43.1% |
| Operating profit (loss) | 9901 | -€119,598 | €605,924 | +€725,522 | |
| Financial income | 75/76B | €303 | €129 | -€174 | -57.4% |
| Recurring financial income | 75 | €303 | €129 | -€174 | -57.4% |
| Financial charges | 65/66B | €259,806 | €322,421 | +€62,615 | +24.1% |
| Recurring financial charges | 65 | €259,806 | €322,421 | +€62,615 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€379,101 | €283,633 | +€662,734 | |
| Income taxes | 67/77 | - | €2,770 | +€2,770 | |
| Profit (loss) for the period | 9904 | -€379,101 | €280,863 | +€659,963 | |
| Profit (loss) for the period to be appropriated | 9905 | -€379,101 | €280,863 | +€659,963 |
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 20 October 2026 via checked.be.