BLBC: 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.
BLBC
Largest movements
- Cash +€61,520
up €61,520 (+200%), from €30,732 to €92,251
mainly Investment in fixed assets (net) (+€27,849) and Other debts (+€17,003)
- Financial fixed assets -€20,000
down €20,000 (-100%), from €20,000 to €0
- Tangible fixed assets -€11,509
down €11,509 (-44.0%), from €26,134 to €14,625
of which Furniture and vehicles: -€10,042
- Receivables within one year +€4,126
up €4,126 (+11.8%), from €35,031 to €39,157
of which Other amounts receivable: +€3,054
- Stocks and contracts -€2,887
down €2,887 (-13.5%), from €21,427 to €18,540
- Other debts +€17,003
up €17,003 (+561,141%), from €3 to €17,006
- Trade debts +€15,453
up €15,453 (+222%), from €6,949 to €22,402
- Reserves -€7,636
down €7,636 (-6.3%), from €120,287 to €112,651
- Profit (loss) carried forward +€4,172
up €4,172, from -€4,172 to €0
- Tax, wage and social debts -€1,886
down €1,886 (-40.3%), from €4,680 to €2,794
- Gross operating margin +€39,606
up €39,606 (+444%), from €8,911 to €48,517
- Financial charges +€19,416
up €19,416 (+536%), from €3,624 to €23,040
- Taxes +€9,864
up €9,864 (+5,013%), from €197 to €10,061
- Depreciation -€2,965
down €2,965 (-44.8%), from €6,625 to €3,660
- Other operating charges -€1,365
down €1,365 (-55.2%), from €2,472 to €1,108
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 | €146,347 | €174,965 | +€28,618 | +19.6% |
| Fixed assets | 21/28 | €46,134 | €14,625 | -€31,509 | -68.3% |
| Tangible fixed assets | 22/27 | €26,134 | €14,625 | -€11,509 | -44.0% |
| Plant, machinery and equipment | 23 | €165 | €1,916 | +€1,751 | +1,063% |
| Furniture and vehicles | 24 | €12,498 | €2,456 | -€10,042 | -80.3% |
| Other tangible fixed assets | 26 | €13,472 | €10,253 | -€3,219 | -23.9% |
| Financial fixed assets | 28 | €20,000 | €0 | -€20,000 | -100% |
| Current assets | 29/58 | €100,213 | €160,340 | +€60,127 | +60.0% |
| Stocks and contracts in progress | 3 | €21,427 | €18,540 | -€2,887 | -13.5% |
| Stocks | 30/36 | €21,427 | €18,540 | -€2,887 | -13.5% |
| Amounts receivable within one year | 40/41 | €35,031 | €39,157 | +€4,126 | +11.8% |
| Trade receivables | 40 | €23,442 | €24,514 | +€1,072 | +4.6% |
| Other amounts receivable | 41 | €11,589 | €14,643 | +€3,054 | +26.4% |
| Cash at bank and in hand | 54/58 | €30,732 | €92,251 | +€61,520 | +200% |
| Deferred charges and accrued income | 490/1 | €13,023 | €10,391 | -€2,632 | -20.2% |
| Total equity and liabilities | 10/49 | €146,347 | €174,965 | +€28,618 | +19.6% |
| Equity | 10/15 | €134,716 | €131,251 | -€3,465 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,287 | €112,651 | -€7,636 | -6.3% |
| Distributable reserves | 133 | €120,287 | €112,651 | -€7,636 | -6.3% |
| Profit (loss) carried forward | 14 | -€4,172 | €0 | +€4,172 | |
| Amounts payable | 17/49 | €11,631 | €43,714 | +€32,082 | +276% |
| Amounts payable within one year | 42/48 | €11,631 | €42,201 | +€30,569 | +263% |
| Trade debts | 44 | €6,949 | €22,402 | +€15,453 | +222% |
| Suppliers | 440/4 | €6,949 | €22,402 | +€15,453 | +222% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,680 | €2,794 | -€1,886 | -40.3% |
| Taxes | 450/3 | €4,680 | €2,794 | -€1,886 | -40.3% |
| Other amounts payable | 47/48 | €3 | €17,006 | +€17,003 | +561,141% |
| Accrued charges and deferred income | 492/3 | €0 | €1,513 | +€1,513 | |
| Non-recurring operating income | 76A | - | €20,147 | +€20,147 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,625 | €3,660 | -€2,965 | -44.8% |
| Other operating charges | 640/8 | €2,472 | €1,108 | -€1,365 | -55.2% |
| Non-recurring operating charges | 66A | €166 | €0 | -€166 | -100% |
| Gross operating margin | 9900 | €8,911 | €48,517 | +€39,606 | +444% |
| Operating profit (loss) | 9901 | -€353 | €43,750 | +€44,102 | |
| Financial income | 75/76B | €2 | €437 | +€435 | +20,239% |
| Recurring financial income | 75 | €2 | €437 | +€435 | +20,239% |
| Financial charges | 65/66B | €3,624 | €23,040 | +€19,416 | +536% |
| Recurring financial charges | 65 | €3,624 | €23,040 | +€19,416 | +536% |
| Profit (loss) for the period before taxes | 9903 | -€3,975 | €21,146 | +€25,121 | |
| Income taxes | 67/77 | €197 | €10,061 | +€9,864 | +5,013% |
| Profit (loss) for the period | 9904 | -€4,172 | €11,085 | +€15,257 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,172 | €11,085 | +€15,257 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.