BLANX: 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.
BLANX
Largest movements
- Tangible fixed assets -€20,031
down €20,031 (-6.3%), from €320,079 to €300,048
of which Land and buildings: -€19,538
- Cash +€11,010
up €11,010 (+53.9%), from €20,445 to €31,455
mainly Other debts (+€45,084) and Net result for the year (+€27,355)
- Receivables within one year -€9,868
down €9,868 (-84.1%), from €11,738 to €1,869
of which Trade receivables: -€8,446
- Reserves -€45,182
down €45,182 (-35.7%), from €126,438 to €81,256
- Other debts +€45,084
up €45,084 (+106.7%), from €42,261 to €87,345
- Debts after one year -€23,165
down €23,165 (-49.6%), from €46,680 to €23,515
- Gross operating margin -€4,147
down €4,147 (-6.0%), from €69,061 to €64,914
- Financial charges -€2,604
down €2,604 (-44.8%), from €5,811 to €3,207
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 | €355,249 | €333,926 | -€21,323 | -6.0% |
| Fixed assets | 21/28 | €320,079 | €300,048 | -€20,031 | -6.3% |
| Tangible fixed assets | 22/27 | €320,079 | €300,048 | -€20,031 | -6.3% |
| Land and buildings | 22 | €319,155 | €299,617 | -€19,538 | -6.1% |
| Furniture and vehicles | 24 | €924 | €431 | -€493 | -53.4% |
| Current assets | 29/58 | €35,170 | €33,878 | -€1,293 | -3.7% |
| Amounts receivable within one year | 40/41 | €11,738 | €1,869 | -€9,868 | -84.1% |
| Trade receivables | 40 | €8,592 | €146 | -€8,446 | -98.3% |
| Other amounts receivable | 41 | €3,146 | €1,723 | -€1,422 | -45.2% |
| Cash at bank and in hand | 54/58 | €20,445 | €31,455 | +€11,010 | +53.9% |
| Deferred charges and accrued income | 490/1 | €2,988 | €554 | -€2,434 | -81.5% |
| Total equity and liabilities | 10/49 | €355,249 | €333,926 | -€21,323 | -6.0% |
| Equity | 10/15 | €234,897 | €189,715 | -€45,182 | -19.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €126,438 | €81,256 | -€45,182 | -35.7% |
| Distributable reserves | 133 | €126,438 | €81,256 | -€45,182 | -35.7% |
| Profit (loss) carried forward | 14 | €88,459 | €88,459 | = | 0.0% |
| Amounts payable | 17/49 | €120,352 | €144,211 | +€23,859 | +19.8% |
| Amounts payable after more than one year | 17 | €46,680 | €23,515 | -€23,165 | -49.6% |
| Financial debts | 170/4 | €46,680 | €23,515 | -€23,165 | -49.6% |
| Amounts payable within one year | 42/48 | €73,414 | €119,920 | +€46,506 | +63.3% |
| Current portion of amounts payable after more than one year | 42 | €22,820 | €23,165 | +€345 | +1.5% |
| Financial debts | 43 | €2,033 | €3,368 | +€1,335 | +65.7% |
| Credit institutions | 430/8 | €2,033 | €3,368 | +€1,335 | +65.7% |
| Taxes, remuneration and social security | 45 | €6,300 | €6,042 | -€258 | -4.1% |
| Taxes | 450/3 | €6,300 | €6,042 | -€258 | -4.1% |
| Other amounts payable | 47/48 | €42,261 | €87,345 | +€45,084 | +106.7% |
| Accrued charges and deferred income | 492/3 | €258 | €776 | +€518 | +200.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,416 | €20,031 | -€385 | -1.9% |
| Other operating charges | 640/8 | €2,428 | €2,613 | +€186 | +7.7% |
| Gross operating margin | 9900 | €69,061 | €64,914 | -€4,147 | -6.0% |
| Operating profit (loss) | 9901 | €46,217 | €42,269 | -€3,948 | -8.5% |
| Financial income | 75/76B | €54 | €106 | +€52 | +96.8% |
| Recurring financial income | 75 | €54 | €106 | +€52 | +96.8% |
| Financial charges | 65/66B | €5,811 | €3,207 | -€2,604 | -44.8% |
| Recurring financial charges | 65 | €5,811 | €3,207 | -€2,604 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €40,460 | €39,169 | -€1,291 | -3.2% |
| Income taxes | 67/77 | €12,081 | €11,814 | -€268 | -2.2% |
| Profit (loss) for the period | 9904 | €28,379 | €27,355 | -€1,024 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,379 | €27,355 | -€1,024 | -3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.