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BLASTR: 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.

What changed

BLASTR

BE 0794.583.814
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€270,452
2023 · -€4,866-€265,586
Equity
-€191,176
2023 · €35,134-€226,310
Cash
€931
2023 · €6,044-€5,113
Balance sheet total
€281,614
2023 · €422,956-€141,342

Largest movements

2023 to 2024
Assets
  • Financial fixed assets -€137,144

    down €137,144 (-32.9%), from €416,447 to €279,304

  • Cash -€5,113

    down €5,113 (-84.6%), from €6,044 to €931

    mainly Net result for the year (-€270,452) and Accrued charges and deferred income (-€20,681)

Equity and liabilities
  • Profit (loss) carried forward -€270,452

    down €270,452 (-5557.6%), from -€4,866 to -€275,318

  • Other debts +€106,579

    up €106,579 (+164.0%), from €65,000 to €171,579

  • Revaluation surpluses +€44,142

    new in 2024: €44,142

  • Accrued charges and deferred income -€20,681

    down €20,681 (-100.0%), from €20,681 to €0

Income statement
  • Financial charges +€245,534

    up €245,534 (+1187.2%), from €20,681 to €266,216

    of which Non-recurring financial charges: +€266,073

  • Financial income -€23,925

    down €23,925 (-96.2%), from €24,877 to €952

  • Gross operating margin +€2,233

    up €2,233 (+32.7%), from -€6,819 to -€4,586

  • Taxes -€1,052

    down €1,052 (-100.0%), from €1,052 to €0

  • Other operating charges -€588

    down €588 (-49.4%), from €1,191 to €603

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€4,866
Gross operating margin +€2,233
Other operating charges +€588
Financial income -€23,925
Financial charges -€245,534
Taxes +€1,052
Result 2024 -€270,452

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€186,398
Investment +€137,144
Financing +€44,142
Cash 2023 €6,044
Net result for the year -€270,452
Smaller working-capital items +€161
Deferred charges and accrued income -€952
Tax, wage and social debts -€1,052
Other debts +€106,579
Accrued charges and deferred income -€20,681
Investment in fixed assets (net) +€137,144
Contributions, distributions and other +€44,142
Cash 2024 €931
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €422,956 €281,614 -€141,342 -33.4%
Fixed assets 21/28 €416,447 €279,304 -€137,144 -32.9%
Financial fixed assets 28 €416,447 €279,304 -€137,144 -32.9%
Current assets 29/58 €6,509 €2,311 -€4,198 -64.5%
Amounts receivable within one year 40/41 €39 €1 -€38 -97.4%
Other amounts receivable 41 €39 €1 -€38 -97.4%
Cash at bank and in hand 54/58 €6,044 €931 -€5,113 -84.6%
Deferred charges and accrued income 490/1 €426 €1,379 +€952 +223.4%
Total equity and liabilities 10/49 €422,956 €281,614 -€141,342 -33.4%
Equity 10/15 €35,134 -€191,176 -€226,310
Contributions 10/11 €40,000 €40,000 = 0.0%
Revaluation surpluses 12 - €44,142 +€44,142
Profit (loss) carried forward 14 -€4,866 -€275,318 -€270,452 -5557.6%
Amounts payable 17/49 €387,823 €472,790 +€84,968 +21.9%
Amounts payable after more than one year 17 €300,000 €300,000 = 0.0%
Financial debts 170/4 €300,000 €300,000 = 0.0%
Amounts payable within one year 42/48 €67,141 €172,790 +€105,649 +157.4%
Trade debts 44 €1,089 €1,212 +€123 +11.3%
Suppliers 440/4 €1,089 €1,212 +€123 +11.3%
Taxes, remuneration and social security 45 €1,052 €0 -€1,052 -100.0%
Taxes 450/3 €1,052 €0 -€1,052 -100.0%
Other amounts payable 47/48 €65,000 €171,579 +€106,579 +164.0%
Accrued charges and deferred income 492/3 €20,681 €0 -€20,681 -100.0%
Other operating charges 640/8 €1,191 €603 -€588 -49.4%
Gross operating margin 9900 -€6,819 -€4,586 +€2,233 +32.7%
Operating profit (loss) 9901 -€8,010 -€5,189 +€2,821 +35.2%
Financial income 75/76B €24,877 €952 -€23,925 -96.2%
Recurring financial income 75 €24,877 €952 -€23,925 -96.2%
Financial charges 65/66B €20,681 €266,216 +€245,534 +1187.2%
Recurring financial charges 65 €20,681 €142 -€20,539 -99.3%
Non-recurring financial charges 66B - €266,073 +€266,073
Profit (loss) for the period before taxes 9903 -€3,814 -€270,452 -€266,638 -6991.3%
Income taxes 67/77 €1,052 €0 -€1,052 -100.0%
Profit (loss) for the period 9904 -€4,866 -€270,452 -€265,586 -5457.6%
Profit (loss) for the period to be appropriated 9905 -€4,866 -€270,452 -€265,586 -5457.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.