BLAREBO: 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.
BLAREBO
Largest movements
- Cash +€44,214
up €44,214 (+50.8%), from €87,060 to €131,274
mainly Net result for the year (+€89,060) and Tax, wage and social debts (+€3,514)
- Current investments +€37,768
up €37,768 (+21.4%), from €176,620 to €214,387
- Reserves +€89,060
up €89,060 (+31.7%), from €280,669 to €369,729
- Other debts -€9,665
down €9,665 (-32.1%), from €30,112 to €20,448
- Gross operating margin +€39,907
up €39,907 (+47.0%), from €84,949 to €124,856
- Taxes +€11,440
up €11,440 (+48.3%), from €23,691 to €35,131
- Financial charges +€2,378
up €2,378 (+479%), from €497 to €2,875
- Financial income +€1,896
up €1,896 (+153%), from €1,241 to €3,136
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 | €307,345 | €390,289 | +€82,944 | +27.0% |
| Fixed assets | 21/28 | - | €1,140 | +€1,140 | |
| Tangible fixed assets | 22/27 | - | €1,140 | +€1,140 | |
| Furniture and vehicles | 24 | - | €1,140 | +€1,140 | |
| Current assets | 29/58 | €307,345 | €389,150 | +€81,804 | +26.6% |
| Amounts receivable within one year | 40/41 | €42,751 | €42,517 | -€235 | -0.5% |
| Trade receivables | 40 | €38,158 | €40,051 | +€1,893 | +5.0% |
| Other amounts receivable | 41 | €4,594 | €2,466 | -€2,128 | -46.3% |
| Current investments | 50/53 | €176,620 | €214,387 | +€37,768 | +21.4% |
| Cash at bank and in hand | 54/58 | €87,060 | €131,274 | +€44,214 | +50.8% |
| Deferred charges and accrued income | 490/1 | €914 | €972 | +€57 | +6.3% |
| Total equity and liabilities | 10/49 | €307,345 | €390,289 | +€82,944 | +27.0% |
| Equity | 10/15 | €258,524 | €347,584 | +€89,060 | +34.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €280,669 | €369,729 | +€89,060 | +31.7% |
| Distributable reserves | 133 | €280,669 | €369,729 | +€89,060 | +31.7% |
| Profit (loss) carried forward | 14 | -€28,345 | -€28,345 | = | 0.0% |
| Amounts payable | 17/49 | €48,821 | €42,705 | -€6,116 | -12.5% |
| Amounts payable within one year | 42/48 | €48,821 | €42,705 | -€6,116 | -12.5% |
| Trade debts | 44 | €2,949 | €2,983 | +€34 | +1.1% |
| Suppliers | 440/4 | €2,949 | €2,983 | +€34 | +1.1% |
| Taxes, remuneration and social security | 45 | €15,760 | €19,274 | +€3,514 | +22.3% |
| Taxes | 450/3 | €15,760 | €19,274 | +€3,514 | +22.3% |
| Other amounts payable | 47/48 | €30,112 | €20,448 | -€9,665 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €58 | +€58 | |
| Other operating charges | 640/8 | €841 | €869 | +€28 | +3.3% |
| Gross operating margin | 9900 | €84,949 | €124,856 | +€39,907 | +47.0% |
| Operating profit (loss) | 9901 | €84,108 | €123,930 | +€39,822 | +47.3% |
| Financial income | 75/76B | €1,241 | €3,136 | +€1,896 | +153% |
| Recurring financial income | 75 | €1,241 | €3,136 | +€1,896 | +153% |
| Financial charges | 65/66B | €497 | €2,875 | +€2,378 | +479% |
| Recurring financial charges | 65 | €497 | €2,875 | +€2,378 | +479% |
| Profit (loss) for the period before taxes | 9903 | €84,852 | €124,191 | +€39,339 | +46.4% |
| Income taxes | 67/77 | €23,691 | €35,131 | +€11,440 | +48.3% |
| Profit (loss) for the period | 9904 | €61,161 | €89,060 | +€27,899 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,161 | €89,060 | +€27,899 | +45.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.