Blankedale: 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
Blankedale
NACE 88.993, Social work activities without accommodation
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€391,309
2024 · €1.0m-€632,651
Equity
€29.4m
2024 · €29.1m+€349,559
Cash
€2.8m
2024 · €1.1m+€1.7m
Balance sheet total
€34.2m
2024 · €33.9m+€320,950
Largest movements
Assets
- Cash +€1.7m
up €1.7m (+156.0%), from €1.1m to €2.8m
mainly Depreciation (+€1.6m) and Current investments (+€802,253)
- Current investments -€802,253
down €802,253 (-5.7%), from €14.0m to €13.2m
- Tangible fixed assets -€603,131
down €603,131 (-4.4%), from €13.7m to €13.1m
of which Land and buildings: -€481,531
- Receivables within one year +€485,001
up €485,001 (+18.2%), from €2.7m to €3.2m
of which Trade receivables: +€513,721
- Deferred charges and accrued income -€479,506
down €479,506 (-63.4%), from €756,578 to €277,072
Equity and liabilities
- Profit (loss) carried forward +€391,309
up €391,309 (+1.8%), from €21.3m to €21.7m
Income statement
- Staff costs +€609,921
up €609,921 (+2.5%), from €24.0m to €24.6m
- Services and other goods +€203,222
up €203,222 (+6.8%), from €3.0m to €3.2m
- Depreciation +€157,314
up €157,314 (+11.2%), from €1.4m to €1.6m
- Financial income -€154,837
down €154,837 (-33.9%), from €457,203 to €302,366
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
€1.0m
Turnover
+€64,202
Other operating income
+€101,107
Goods and materials
+€105,029
Services and other goods
-€203,222
Staff costs
-€609,921
Depreciation
-€157,314
Other operating charges
-€7,578
Other operating items
+€251,082
Financial income
-€154,837
Financial charges
-€35,521
Taxes
+€14,321
Result 2025
€391,309
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.
From operations
+€1.9m
Investment
-€123,422
Financing
-€41,670
Cash 2024
€1.1m
From operations (derived)
+€1.9m
Net result for the year
+€391,309
Depreciation
+€1.6m
Stocks and contracts
-€51,203
Receivables within one year
-€485,001
Deferred charges and accrued income
+€479,506
Provisions
-€253,653
Trade debts
+€109,903
Tax, wage and social debts
+€134,942
Accrued charges and deferred income
-€19,881
Investment (derived)
-€123,422
Investment in fixed assets (net)
-€925,675
Current investments
+€802,253
Financing
-€41,670
Debts after one year
+€80
Contributions, distributions and other
-€41,750
Cash 2025
€2.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,857,601 | €34,178,551 | +€320,950 | +0.9% |
| Fixed assets | 21/28 | €14,836,290 | €14,197,717 | -€638,573 | -4.3% |
| Intangible fixed assets | 21 | €32,228 | €36,786 | +€4,558 | +14.1% |
| Tangible fixed assets | 22/27 | €13,735,974 | €13,132,842 | -€603,131 | -4.4% |
| Land and buildings | 22 | €11,992,759 | €11,511,228 | -€481,531 | -4.0% |
| Plant, machinery and equipment | 23 | €916,319 | €891,086 | -€25,233 | -2.8% |
| Furniture and vehicles | 24 | €644,087 | €718,805 | +€74,718 | +11.6% |
| Assets under construction and advance payments | 27 | €182,809 | €11,724 | -€171,085 | -93.6% |
| Financial fixed assets | 28 | €1,068,089 | €1,028,089 | -€40,000 | -3.7% |
| Other financial fixed assets | 284/8 | €1,068,089 | €1,028,089 | -€40,000 | -3.7% |
| Shares | 284 | €84,500 | €84,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €983,589 | €943,589 | -€40,000 | -4.1% |
| Current assets | 29/58 | €19,021,311 | €19,980,834 | +€959,523 | +5.0% |
| Stocks and contracts in progress | 3 | €535,721 | €586,925 | +€51,203 | +9.6% |
| Stocks | 30/36 | €535,721 | €586,925 | +€51,203 | +9.6% |
| Raw materials and consumables | 30/31 | €489,244 | €528,622 | +€39,379 | +8.0% |
| Work in progress | 32 | €8,899 | €27,449 | +€18,550 | +208.5% |
| Finished goods | 33 | €37,579 | €30,853 | -€6,725 | -17.9% |
| Amounts receivable within one year | 40/41 | €2,665,217 | €3,150,218 | +€485,001 | +18.2% |
| Trade receivables | 40 | €2,623,963 | €3,137,684 | +€513,721 | +19.6% |
| Other amounts receivable | 41 | €41,254 | €12,534 | -€28,720 | -69.6% |
| Current investments | 50/53 | €13,970,578 | €13,168,325 | -€802,253 | -5.7% |
| Cash at bank and in hand | 54/58 | €1,093,217 | €2,798,294 | +€1.7m | +156.0% |
| Deferred charges and accrued income | 490/1 | €756,578 | €277,072 | -€479,506 | -63.4% |
| Total equity and liabilities | 10/49 | €33,857,601 | €34,178,551 | +€320,950 | +0.9% |
| Equity | 10/15 | €29,089,768 | €29,439,327 | +€349,559 | +1.2% |
| Reserves | 13 | €7,689,070 | €7,689,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,309,176 | €21,700,485 | +€391,309 | +1.8% |
| Investment grants | 15 | €91,522 | €49,773 | -€41,750 | -45.6% |
| Provisions and deferred taxes | 16 | €509,321 | €255,669 | -€253,653 | -49.8% |
| Provisions for liabilities and charges | 160/5 | €509,321 | €255,669 | -€253,653 | -49.8% |
| Major repairs and maintenance | 162 | €476,872 | €221,838 | -€255,033 | -53.5% |
| Other liabilities and charges | 164/5 | €32,449 | €33,830 | +€1,381 | +4.3% |
| Amounts payable | 17/49 | €4,258,512 | €4,483,555 | +€225,043 | +5.3% |
| Amounts payable after more than one year | 17 | €17,408 | €17,488 | +€80 | +0.5% |
| Advances received on contracts in progress | 176 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 178/9 | €14,908 | €14,988 | +€80 | +0.5% |
| Amounts payable within one year | 42/48 | €3,984,599 | €4,229,444 | +€244,845 | +6.1% |
| Trade debts | 44 | €641,881 | €751,784 | +€109,903 | +17.1% |
| Suppliers | 440/4 | €641,881 | €751,784 | +€109,903 | +17.1% |
| Taxes, remuneration and social security | 45 | €3,342,718 | €3,477,660 | +€134,942 | +4.0% |
| Taxes | 450/3 | €345,929 | €366,334 | +€20,405 | +5.9% |
| Remuneration and social security | 454/9 | €2,996,790 | €3,111,326 | +€114,536 | +3.8% |
| Accrued charges and deferred income | 492/3 | €256,505 | €236,624 | -€19,881 | -7.8% |
| Operating income | 70/76A | €30,145,204 | €30,301,141 | +€155,937 | +0.5% |
| Turnover | 70 | €12,870,608 | €12,934,810 | +€64,202 | +0.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €30,170 | €6,957 | -€23,213 | -76.9% |
| Own construction capitalised | 72 | €107,411 | €46,222 | -€61,189 | -57.0% |
| Membership fees, donations, legacies and grants | 73 | €16,452,576 | €16,535,672 | +€83,096 | +0.5% |
| Other operating income | 74 | €675,960 | €777,068 | +€101,107 | +15.0% |
| Non-recurring operating income | 76A | €8,479 | €413 | -€8,066 | -95.1% |
| Operating charges | 60/66A | €29,515,141 | €30,127,693 | +€612,552 | +2.1% |
| Goods for resale, raw materials and consumables | 60 | €1,061,783 | €956,754 | -€105,029 | -9.9% |
| Purchases | 600/8 | €1,044,271 | €1,001,000 | -€43,271 | -4.1% |
| Change in stocks: decrease (increase) | 609 | €17,511 | -€44,246 | -€61,758 | |
| Services and other goods | 61 | €3,001,459 | €3,204,681 | +€203,222 | +6.8% |
| Remuneration, social security and pensions | 62 | €23,951,215 | €24,561,136 | +€609,921 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,406,934 | €1,564,248 | +€157,314 | +11.2% |
| Other operating charges | 640/8 | €86,142 | €93,719 | +€7,578 | +8.8% |
| Non-recurring operating charges | 66A | €1,232 | €807 | -€425 | -34.5% |
| Operating profit (loss) | 9901 | €630,063 | €173,448 | -€456,615 | -72.5% |
| Financial income | 75/76B | €457,203 | €302,366 | -€154,837 | -33.9% |
| Recurring financial income | 75 | €457,203 | €302,366 | -€154,837 | -33.9% |
| Income from current assets | 751 | €443,992 | €290,308 | -€153,684 | -34.6% |
| Other financial income | 752/9 | €13,211 | €12,058 | -€1,153 | -8.7% |
| Financial charges | 65/66B | €43,166 | €78,686 | +€35,521 | +82.3% |
| Recurring financial charges | 65 | €43,166 | €78,686 | +€35,521 | +82.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €34,312 | €69,587 | +€35,274 | +102.8% |
| Other financial charges | 652/9 | €8,853 | €9,099 | +€246 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €1,044,100 | €397,128 | -€646,972 | -62.0% |
| Income taxes | 67/77 | €20,140 | €5,819 | -€14,321 | -71.1% |
| Taxes | 670/3 | €20,140 | €5,819 | -€14,321 | -71.1% |
| Profit (loss) for the period | 9904 | €1,023,960 | €391,309 | -€632,651 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,023,960 | €391,309 | -€632,651 | -61.8% |
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 10 October 2026 via checked.be.