Blason: 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.
Blason
Largest movements
- Financial fixed assets +€5,276
up €5,276 (+69.2%), from €7,628 to €12,904
- Cash -€2,252
down €2,252 (-65.3%), from €3,450 to €1,198
mainly Investment in fixed assets (net) (-€9,221) and Stocks and contracts (-€982)
- Tangible fixed assets +€1,182
up €1,182 (+19.7%), from €5,996 to €7,178
of which Furniture and vehicles: +€1,744
- Stocks and contracts +€982
up €982 (+19.4%), from €5,059 to €6,041
- Profit (loss) carried forward +€5,101
up €5,101 (+37.7%), from €13,536 to €18,637
- Tax, wage and social debts +€1,123
up €1,123 (+18.2%), from €6,185 to €7,308
- Trade debts -€649
down €649 (-20.0%), from €3,247 to €2,598
- Taxes -€1,381
down €1,381 (-25.2%), from €5,483 to €4,102
- Gross operating margin -€1,160
down €1,160 (-8.7%), from €13,267 to €12,107
- Depreciation +€400
up €400 (+16.9%), from €2,363 to €2,763
- Other operating charges +€371
up €371 (+314.2%), from €118 to €489
- Financial charges -€270
down €270 (-64.8%), from €417 to €147
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 | €26,162 | €31,542 | +€5,380 | +20.6% |
| Fixed assets | 21/28 | €13,624 | €20,082 | +€6,458 | +47.4% |
| Tangible fixed assets | 22/27 | €5,996 | €7,178 | +€1,182 | +19.7% |
| Plant, machinery and equipment | 23 | €4,981 | €4,420 | -€562 | -11.3% |
| Furniture and vehicles | 24 | €1,014 | €2,758 | +€1,744 | +171.9% |
| Financial fixed assets | 28 | €7,628 | €12,904 | +€5,276 | +69.2% |
| Current assets | 29/58 | €12,538 | €11,460 | -€1,078 | -8.6% |
| Stocks and contracts in progress | 3 | €5,059 | €6,041 | +€982 | +19.4% |
| Stocks | 30/36 | €5,059 | €6,041 | +€982 | +19.4% |
| Amounts receivable within one year | 40/41 | €4,029 | €4,066 | +€37 | +0.9% |
| Trade receivables | 40 | €4,029 | €183 | -€3,846 | -95.5% |
| Other amounts receivable | 41 | €0 | €3,883 | +€3,883 | |
| Cash at bank and in hand | 54/58 | €3,450 | €1,198 | -€2,252 | -65.3% |
| Deferred charges and accrued income | 490/1 | - | €155 | +€155 | |
| Total equity and liabilities | 10/49 | €26,162 | €31,542 | +€5,380 | +20.6% |
| Equity | 10/15 | €16,536 | €21,637 | +€5,101 | +30.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,536 | €18,637 | +€5,101 | +37.7% |
| Amounts payable | 17/49 | €9,626 | €9,906 | +€280 | +2.9% |
| Amounts payable within one year | 42/48 | €9,626 | €9,906 | +€280 | +2.9% |
| Trade debts | 44 | €3,247 | €2,598 | -€649 | -20.0% |
| Suppliers | 440/4 | €3,247 | €2,598 | -€649 | -20.0% |
| Taxes, remuneration and social security | 45 | €6,185 | €7,308 | +€1,123 | +18.2% |
| Taxes | 450/3 | €6,185 | €7,308 | +€1,123 | +18.2% |
| Other amounts payable | 47/48 | €195 | €0 | -€195 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,363 | €2,763 | +€400 | +16.9% |
| Other operating charges | 640/8 | €118 | €489 | +€371 | +314.2% |
| Gross operating margin | 9900 | €13,267 | €12,107 | -€1,160 | -8.7% |
| Operating profit (loss) | 9901 | €10,786 | €8,855 | -€1,931 | -17.9% |
| Financial income | 75/76B | €330 | €495 | +€165 | +50.1% |
| Recurring financial income | 75 | €330 | €495 | +€165 | +50.1% |
| Financial charges | 65/66B | €417 | €147 | -€270 | -64.8% |
| Recurring financial charges | 65 | €417 | €147 | -€270 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €10,698 | €9,203 | -€1,495 | -14.0% |
| Income taxes | 67/77 | €5,483 | €4,102 | -€1,381 | -25.2% |
| Profit (loss) for the period | 9904 | €5,215 | €5,101 | -€115 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,215 | €5,101 | -€115 | -2.2% |
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 30 September 2026 via checked.be.