Blast HR: 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.
Blast HR
Largest movements
- Receivables within one year -€52,446
down €52,446 (-39.9%), from €131,598 to €79,152
of which Trade receivables: -€77,670
- Financial fixed assets -€1,800
no longer reported in 2025 (was €1,800)
- Trade debts -€42,565
down €42,565 (-34.4%), from €123,563 to €80,999
- Profit (loss) carried forward -€12,464
down €12,464 (-43.8%), from €28,456 to €15,992
- Gross operating margin +€2,005
up €2,005 (+18.1%), from -€11,104 to -€9,100
- Financial charges -€496
down €496 (-83.3%), from €595 to €99
- Depreciation -€268
down €268 (-8.0%), from €3,331 to €3,063
- Other operating charges -€162
down €162 (-30.1%), from €539 to €376
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 | €154,020 | €98,991 | -€55,029 | -35.7% |
| Fixed assets | 21/28 | €16,740 | €15,862 | -€879 | -5.2% |
| Tangible fixed assets | 22/27 | €14,940 | €15,862 | +€921 | +6.2% |
| Furniture and vehicles | 24 | €14,940 | €15,862 | +€921 | +6.2% |
| Financial fixed assets | 28 | €1,800 | - | -€1,800 | |
| Current assets | 29/58 | €137,279 | €83,129 | -€54,150 | -39.4% |
| Amounts receivable within one year | 40/41 | €131,598 | €79,152 | -€52,446 | -39.9% |
| Trade receivables | 40 | €77,670 | - | -€77,670 | |
| Other amounts receivable | 41 | €53,928 | €79,152 | +€25,224 | +46.8% |
| Cash at bank and in hand | 54/58 | €2,298 | €1,056 | -€1,242 | -54.1% |
| Deferred charges and accrued income | 490/1 | €3,383 | €2,921 | -€462 | -13.7% |
| Total equity and liabilities | 10/49 | €154,020 | €98,991 | -€55,029 | -35.7% |
| Equity | 10/15 | €30,456 | €17,992 | -€12,464 | -40.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,456 | €15,992 | -€12,464 | -43.8% |
| Amounts payable | 17/49 | €123,563 | €80,999 | -€42,565 | -34.4% |
| Amounts payable within one year | 42/48 | €123,563 | €80,999 | -€42,565 | -34.4% |
| Trade debts | 44 | €123,563 | €80,999 | -€42,565 | -34.4% |
| Suppliers | 440/4 | €123,563 | €80,999 | -€42,565 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,331 | €3,063 | -€268 | -8.0% |
| Other operating charges | 640/8 | €539 | €376 | -€162 | -30.1% |
| Gross operating margin | 9900 | -€11,104 | -€9,100 | +€2,005 | +18.1% |
| Operating profit (loss) | 9901 | -€14,974 | -€12,539 | +€2,435 | +16.3% |
| Financial income | 75/76B | €87 | €174 | +€86 | +98.8% |
| Recurring financial income | 75 | €87 | €174 | +€86 | +98.8% |
| Financial charges | 65/66B | €595 | €99 | -€496 | -83.3% |
| Recurring financial charges | 65 | €595 | €99 | -€496 | -83.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,481 | -€12,464 | +€3,017 | +19.5% |
| Income taxes | 67/77 | €10 | - | -€10 | |
| Profit (loss) for the period | 9904 | -€15,491 | -€12,464 | +€3,027 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,491 | -€12,464 | +€3,027 | +19.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.