BLATON MARKET: 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.
BLATON MARKET
Largest movements
- Intangible fixed assets -€41,166
down €41,166 (-43.1%), from €95,451 to €54,286
- Stocks and contracts -€27,273
down €27,273 (-9.4%), from €288,645 to €261,371
- Tangible fixed assets -€24,853
down €24,853 (-18.8%), from €132,338 to €107,485
of which Plant, machinery and equipment: -€24,608
- Receivables within one year -€13,788
down €13,788 (-74.9%), from €18,403 to €4,615
of which Other amounts receivable: -€15,510
- Profit (loss) carried forward -€111,149
down €111,149 (-42.8%), from -€259,446 to -€370,595
- Debts after one year -€69,241
down €69,241 (-37.8%), from €183,267 to €114,026
- Trade debts +€49,306
up €49,306 (+9.8%), from €504,217 to €553,523
- Other debts +€35,468
up €35,468 (+107%), from €33,250 to €68,718
- Accrued charges and deferred income -€19,065
down €19,065 (-62.8%), from €30,346 to €11,281
- Gross operating margin -€88,701
down €88,701 (-19.3%), from €459,714 to €371,012
- Other operating charges +€5,372
up €5,372 (+99.3%), from €5,412 to €10,784
- Staff costs -€5,231
down €5,231 (-1.4%), from €378,204 to €372,973
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €669,396 | €564,165 | -€105,231 | -15.7% |
| Fixed assets | 21/28 | €254,416 | €188,940 | -€65,476 | -25.7% |
| Intangible fixed assets | 21 | €95,451 | €54,286 | -€41,166 | -43.1% |
| Tangible fixed assets | 22/27 | €132,338 | €107,485 | -€24,853 | -18.8% |
| Land and buildings | 22 | €1,693 | €1,448 | -€245 | -14.5% |
| Plant, machinery and equipment | 23 | €130,645 | €106,037 | -€24,608 | -18.8% |
| Financial fixed assets | 28 | €26,627 | €27,169 | +€543 | +2.0% |
| Current assets | 29/58 | €414,980 | €375,225 | -€39,755 | -9.6% |
| Amounts receivable after more than one year | 29 | €6,532 | - | -€6,532 | |
| Trade receivables | 290 | €6,532 | - | -€6,532 | |
| Stocks and contracts in progress | 3 | €288,645 | €261,371 | -€27,273 | -9.4% |
| Stocks | 30/36 | €288,645 | €261,371 | -€27,273 | -9.4% |
| Amounts receivable within one year | 40/41 | €18,403 | €4,615 | -€13,788 | -74.9% |
| Trade receivables | 40 | €1,159 | €2,881 | +€1,722 | +149% |
| Other amounts receivable | 41 | €17,244 | €1,734 | -€15,510 | -89.9% |
| Cash at bank and in hand | 54/58 | €60,371 | €66,938 | +€6,566 | +10.9% |
| Deferred charges and accrued income | 490/1 | €41,029 | €42,301 | +€1,273 | +3.1% |
| Total equity and liabilities | 10/49 | €669,396 | €564,165 | -€105,231 | -15.7% |
| Equity | 10/15 | -€221,246 | -€332,395 | -€111,149 | -50.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Distributable reserves | 133 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,446 | -€370,595 | -€111,149 | -42.8% |
| Amounts payable | 17/49 | €890,642 | €896,561 | +€5,918 | +0.7% |
| Amounts payable after more than one year | 17 | €183,267 | €114,026 | -€69,241 | -37.8% |
| Financial debts | 170/4 | €183,267 | €114,026 | -€69,241 | -37.8% |
| Amounts payable within one year | 42/48 | €677,029 | €771,254 | +€94,225 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €67,800 | €81,741 | +€13,941 | +20.6% |
| Trade debts | 44 | €504,217 | €553,523 | +€49,306 | +9.8% |
| Suppliers | 440/4 | €504,217 | €553,523 | +€49,306 | +9.8% |
| Taxes, remuneration and social security | 45 | €71,762 | €67,272 | -€4,490 | -6.3% |
| Taxes | 450/3 | €174 | €1,614 | +€1,440 | +826% |
| Remuneration and social security | 454/9 | €71,587 | €65,657 | -€5,930 | -8.3% |
| Other amounts payable | 47/48 | €33,250 | €68,718 | +€35,468 | +107% |
| Accrued charges and deferred income | 492/3 | €30,346 | €11,281 | -€19,065 | -62.8% |
| Remuneration, social security and pensions | 62 | €378,204 | €372,973 | -€5,231 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,713 | €68,723 | -€1,990 | -2.8% |
| Other operating charges | 640/8 | €5,412 | €10,784 | +€5,372 | +99.3% |
| Gross operating margin | 9900 | €459,714 | €371,012 | -€88,701 | -19.3% |
| Operating profit (loss) | 9901 | €5,385 | -€81,468 | -€86,853 | |
| Financial income | 75/76B | €4,437 | €576 | -€3,861 | -87.0% |
| Recurring financial income | 75 | €4,437 | €576 | -€3,861 | -87.0% |
| Financial charges | 65/66B | €26,103 | €29,820 | +€3,717 | +14.2% |
| Recurring financial charges | 65 | €26,103 | €29,820 | +€3,717 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,281 | -€110,712 | -€94,431 | -580% |
| Income taxes | 67/77 | €207 | €438 | +€230 | +111% |
| Profit (loss) for the period | 9904 | -€16,488 | -€111,149 | -€94,661 | -574% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,488 | -€111,149 | -€94,661 | -574% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.