blastic: 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.
blastic
Largest movements
- Receivables within one year -€40,973
down €40,973 (-3.6%), from €1.1m to €1.1m
of which Other amounts receivable: -€132,829
- Reserves +€321,200
up €321,200 (+603.2%), from €53,250 to €374,450
of which Distributable reserves: +€321,200
- Advances received -€313,147
down €313,147 (-72.2%), from €433,565 to €120,418
- Trade debts -€166,020
down €166,020 (-34.9%), from €475,360 to €309,339
- Tax, wage and social debts +€101,120
up €101,120 (+67.6%), from €149,592 to €250,712
of which Taxes: +€83,284
- Turnover +€596,299
up €596,299 (+19.0%), from €3.1m to €3.7m
- Gross operating margin +€307,242
up €307,242 (+28.5%), from €1.1m to €1.4m
- Purchases and services -€259,593
down €259,593 (-13.2%), from €2.0m to €1.7m
- Taxes +€101,366
up €101,366 (+424.0%), from €23,909 to €125,275
- Staff costs -€54,162
down €54,162 (-5.6%), from €963,033 to €908,871
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 | €1,187,953 | €1,133,184 | -€54,769 | -4.6% |
| Fixed assets | 21/28 | €9,054 | €11,053 | +€1,999 | +22.1% |
| Tangible fixed assets | 22/27 | €9,054 | €11,053 | +€1,999 | +22.1% |
| Plant, machinery and equipment | 23 | €9,054 | €11,053 | +€1,999 | +22.1% |
| Current assets | 29/58 | €1,178,899 | €1,122,131 | -€56,768 | -4.8% |
| Amounts receivable within one year | 40/41 | €1,140,900 | €1,099,927 | -€40,973 | -3.6% |
| Trade receivables | 40 | €380,903 | €472,760 | +€91,856 | +24.1% |
| Other amounts receivable | 41 | €759,996 | €627,167 | -€132,829 | -17.5% |
| Cash at bank and in hand | 54/58 | €13,802 | €8,200 | -€5,601 | -40.6% |
| Deferred charges and accrued income | 490/1 | €24,198 | €14,004 | -€10,194 | -42.1% |
| Total equity and liabilities | 10/49 | €1,187,953 | €1,133,184 | -€54,769 | -4.6% |
| Equity | 10/15 | €115,336 | €436,516 | +€321,180 | +278.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €53,250 | €374,450 | +€321,200 | +603.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Distributable reserves | 133 | €26,000 | €347,200 | +€321,200 | +1235.4% |
| Profit (loss) carried forward | 14 | €86 | €66 | -€20 | -23.3% |
| Provisions and deferred taxes | 16 | - | €2,098 | +€2,098 | |
| Provisions for liabilities and charges | 160/5 | - | €2,098 | +€2,098 | |
| Pensions and similar obligations | 160 | - | €2,098 | +€2,098 | |
| Amounts payable | 17/49 | €1,072,617 | €694,569 | -€378,048 | -35.2% |
| Amounts payable within one year | 42/48 | €1,058,517 | €680,469 | -€378,048 | -35.7% |
| Trade debts | 44 | €475,360 | €309,339 | -€166,020 | -34.9% |
| Suppliers | 440/4 | €475,360 | €309,339 | -€166,020 | -34.9% |
| Advances received on contracts in progress | 46 | €433,565 | €120,418 | -€313,147 | -72.2% |
| Taxes, remuneration and social security | 45 | €149,592 | €250,712 | +€101,120 | +67.6% |
| Taxes | 450/3 | €39,050 | €122,334 | +€83,284 | +213.3% |
| Remuneration and social security | 454/9 | €110,542 | €128,378 | +€17,836 | +16.1% |
| Accrued charges and deferred income | 492/3 | €14,100 | €14,100 | = | 0.0% |
| Turnover | 70 | €3,132,461 | €3,728,761 | +€596,299 | +19.0% |
| Non-recurring operating income | 76A | €6,625 | €20 | -€6,605 | -99.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,963,442 | €1,703,850 | -€259,593 | -13.2% |
| Remuneration, social security and pensions | 62 | €963,033 | €908,871 | -€54,162 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,297 | €5,841 | -€24,457 | -80.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,098 | +€2,098 | |
| Other operating charges | 640/8 | €7,763 | €4,297 | -€3,466 | -44.6% |
| Non-recurring operating charges | 66A | - | €251 | +€251 | |
| Gross operating margin | 9900 | €1,079,389 | €1,386,631 | +€307,242 | +28.5% |
| Operating profit (loss) | 9901 | €78,295 | €465,274 | +€386,978 | +494.3% |
| Financial income | 75/76B | €14,731 | €7,758 | -€6,973 | -47.3% |
| Recurring financial income | 75 | €12,750 | €7,758 | -€4,992 | -39.2% |
| Non-recurring financial income | 76B | €1,981 | - | -€1,981 | |
| Financial charges | 65/66B | €26,301 | €26,577 | +€277 | +1.1% |
| Recurring financial charges | 65 | €26,301 | €26,577 | +€277 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €66,726 | €446,455 | +€379,729 | +569.1% |
| Income taxes | 67/77 | €23,909 | €125,275 | +€101,366 | +424.0% |
| Profit (loss) for the period | 9904 | €42,817 | €321,180 | +€278,363 | +650.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,817 | €321,180 | +€278,363 | +650.1% |
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 7 October 2026 via checked.be.