BLAVIER: 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.
BLAVIER
Largest movements
- Tangible fixed assets -€28,136
down €28,136 (-99.5%), from €28,278 to €142
of which Land and buildings: -€20,908
- Cash +€25,117
up €25,117 (+46.5%), from €54,042 to €79,159
mainly Investment in fixed assets (net) (+€32,684) and Net result for the year (+€26,264)
- Deferred charges and accrued income -€6,233
no longer reported in 2025 (was €6,233)
- Intangible fixed assets -€4,750
no longer reported in 2025 (was €4,750)
- Receivables within one year -€2,006
down €2,006 (-3.4%), from €58,304 to €56,297
of which Other amounts receivable: -€29,222
- Tax, wage and social debts -€26,537
down €26,537 (-58.9%), from €45,070 to €18,533
of which Taxes: -€26,450
- Reserves +€26,264
up €26,264 (+35.6%), from €73,865 to €100,129
- Trade debts -€18,436
down €18,436 (-71.5%), from €25,784 to €7,348
- Accrued charges and deferred income +€3,608
up €3,608 (+103.6%), from €3,481 to €7,088
- Financial income +€13,240
up €13,240 (+33099775.0%), from €0 to €13,240
of which Non-recurring financial income: +€13,240
- Depreciation -€12,646
down €12,646 (-98.4%), from €12,848 to €202
- Staff costs -€10,072
down €10,072 (-68.4%), from €14,730 to €4,658
- Taxes +€9,563
up €9,563 (+139.1%), from €6,875 to €16,438
- Gross operating margin -€7,662
down €7,662 (-15.2%), from €50,518 to €42,856
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 | €151,845 | €135,599 | -€16,246 | -10.7% |
| Fixed assets | 21/28 | €33,028 | €142 | -€32,886 | -99.6% |
| Intangible fixed assets | 21 | €4,750 | - | -€4,750 | |
| Tangible fixed assets | 22/27 | €28,278 | €142 | -€28,136 | -99.5% |
| Land and buildings | 22 | €20,908 | - | -€20,908 | |
| Plant, machinery and equipment | 23 | €1,102 | - | -€1,102 | |
| Furniture and vehicles | 24 | €6,268 | €142 | -€6,125 | -97.7% |
| Current assets | 29/58 | €118,817 | €135,457 | +€16,639 | +14.0% |
| Stocks and contracts in progress | 3 | €239 | - | -€239 | |
| Stocks | 30/36 | €239 | - | -€239 | |
| Amounts receivable within one year | 40/41 | €58,304 | €56,297 | -€2,006 | -3.4% |
| Trade receivables | 40 | €3,150 | €30,366 | +€27,215 | +863.9% |
| Other amounts receivable | 41 | €55,153 | €25,932 | -€29,222 | -53.0% |
| Cash at bank and in hand | 54/58 | €54,042 | €79,159 | +€25,117 | +46.5% |
| Deferred charges and accrued income | 490/1 | €6,233 | - | -€6,233 | |
| Total equity and liabilities | 10/49 | €151,845 | €135,599 | -€16,246 | -10.7% |
| Equity | 10/15 | €76,365 | €102,629 | +€26,264 | +34.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €73,865 | €100,129 | +€26,264 | +35.6% |
| Distributable reserves | 133 | €73,865 | €100,129 | +€26,264 | +35.6% |
| Amounts payable | 17/49 | €75,481 | €32,970 | -€42,511 | -56.3% |
| Amounts payable within one year | 42/48 | €72,000 | €25,882 | -€46,118 | -64.1% |
| Trade debts | 44 | €25,784 | €7,348 | -€18,436 | -71.5% |
| Suppliers | 440/4 | €25,784 | €7,348 | -€18,436 | -71.5% |
| Taxes, remuneration and social security | 45 | €45,070 | €18,533 | -€26,537 | -58.9% |
| Taxes | 450/3 | €44,984 | €18,533 | -€26,450 | -58.8% |
| Remuneration and social security | 454/9 | €87 | - | -€87 | |
| Other amounts payable | 47/48 | €1,146 | - | -€1,146 | |
| Accrued charges and deferred income | 492/3 | €3,481 | €7,088 | +€3,608 | +103.6% |
| Remuneration, social security and pensions | 62 | €14,730 | €4,658 | -€10,072 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,848 | €202 | -€12,646 | -98.4% |
| Other operating charges | 640/8 | €3,940 | €4,894 | +€954 | +24.2% |
| Gross operating margin | 9900 | €50,518 | €42,856 | -€7,662 | -15.2% |
| Operating profit (loss) | 9901 | €19,000 | €33,103 | +€14,103 | +74.2% |
| Financial income | 75/76B | €0 | €13,240 | +€13,240 | +33099775.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900.0% |
| Non-recurring financial income | 76B | - | €13,240 | +€13,240 | |
| Financial charges | 65/66B | €2,512 | €3,640 | +€1,128 | +44.9% |
| Recurring financial charges | 65 | €2,512 | €3,088 | +€577 | +23.0% |
| Non-recurring financial charges | 66B | - | €551 | +€551 | |
| Profit (loss) for the period before taxes | 9903 | €16,488 | €42,703 | +€26,215 | +159.0% |
| Income taxes | 67/77 | €6,875 | €16,438 | +€9,563 | +139.1% |
| Profit (loss) for the period | 9904 | €9,613 | €26,264 | +€16,652 | +173.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,613 | €26,264 | +€16,652 | +173.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.