BLC MOTORS: 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.
BLC MOTORS
Largest movements
- Cash -€82,472
down €82,472 (-19.6%), from €420,063 to €337,591
mainly Advances received (-€137,297) and Investment in fixed assets (net) (-€54,969)
- Tangible fixed assets +€48,395
up €48,395 (+46.7%), from €103,554 to €151,949
of which Land and buildings: +€36,874
- Stocks and contracts +€31,155
up €31,155 (+7.0%), from €445,825 to €476,980
- Advances received -€137,297
down €137,297 (-80.0%), from €171,691 to €34,395
- Tax, wage and social debts +€55,364
up €55,364 (+57.3%), from €96,632 to €151,996
of which Taxes: +€37,195
- Profit (loss) carried forward +€44,075
up €44,075 (+45.6%), from €96,673 to €140,748
- Trade debts +€32,579
up €32,579 (+36.2%), from €89,963 to €122,541
- Staff costs +€193,661
up €193,661 (+69.8%), from €277,471 to €471,133
- Gross operating margin +€184,897
up €184,897 (+41.0%), from €450,846 to €635,743
- Write-downs -€33,202
down €33,202 (-91.2%), from €36,393 to €3,191
- Financial income +€9,734
up €9,734 (+31,572%), from €31 to €9,764
of which Financial income: +€5,300
- Taxes +€8,877
up €8,877 (+32.2%), from €27,542 to €36,418
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 | €1,176,962 | €1,172,422 | -€4,540 | -0.4% |
| Fixed assets | 21/28 | €109,037 | €156,282 | +€47,245 | +43.3% |
| Intangible fixed assets | 21 | €5,483 | €4,333 | -€1,150 | -21.0% |
| Tangible fixed assets | 22/27 | €103,554 | €151,949 | +€48,395 | +46.7% |
| Land and buildings | 22 | €85,059 | €121,933 | +€36,874 | +43.4% |
| Plant, machinery and equipment | 23 | €3,829 | €13,642 | +€9,814 | +256% |
| Furniture and vehicles | 24 | €14,667 | €16,374 | +€1,707 | +11.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,067,925 | €1,016,140 | -€51,785 | -4.8% |
| Stocks and contracts in progress | 3 | €445,825 | €476,980 | +€31,155 | +7.0% |
| Stocks | 30/36 | €445,825 | €476,980 | +€31,155 | +7.0% |
| Amounts receivable within one year | 40/41 | €172,810 | €166,581 | -€6,229 | -3.6% |
| Trade receivables | 40 | €172,810 | €165,794 | -€7,016 | -4.1% |
| Other amounts receivable | 41 | €0 | €787 | +€787 | |
| Cash at bank and in hand | 54/58 | €420,063 | €337,591 | -€82,472 | -19.6% |
| Deferred charges and accrued income | 490/1 | €29,227 | €34,988 | +€5,761 | +19.7% |
| Total equity and liabilities | 10/49 | €1,176,962 | €1,172,422 | -€4,540 | -0.4% |
| Equity | 10/15 | €667,036 | €711,111 | +€44,075 | +6.6% |
| Contributions | 10/11 | €340,000 | €340,000 | = | 0.0% |
| Revaluation surpluses | 12 | €10,422 | €10,422 | = | 0.0% |
| Reserves | 13 | €219,941 | €219,941 | = | 0.0% |
| Distributable reserves | 133 | €219,941 | €219,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,673 | €140,748 | +€44,075 | +45.6% |
| Amounts payable | 17/49 | €509,926 | €461,311 | -€48,615 | -9.5% |
| Amounts payable within one year | 42/48 | €508,286 | €458,932 | -€49,354 | -9.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €89,963 | €122,541 | +€32,579 | +36.2% |
| Suppliers | 440/4 | €89,963 | €122,541 | +€32,579 | +36.2% |
| Advances received on contracts in progress | 46 | €171,691 | €34,395 | -€137,297 | -80.0% |
| Taxes, remuneration and social security | 45 | €96,632 | €151,996 | +€55,364 | +57.3% |
| Taxes | 450/3 | €37,059 | €74,254 | +€37,195 | +100% |
| Remuneration and social security | 454/9 | €59,573 | €77,742 | +€18,169 | +30.5% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,640 | €2,380 | +€739 | +45.1% |
| Non-recurring operating income | 76A | €24,481 | €0 | -€24,481 | -100% |
| Remuneration, social security and pensions | 62 | €277,471 | €471,133 | +€193,661 | +69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,470 | €7,724 | +€254 | +3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,393 | €3,191 | -€33,202 | -91.2% |
| Other operating charges | 640/8 | €18,523 | €20,109 | +€1,586 | +8.6% |
| Non-recurring operating charges | 66A | €6,946 | €0 | -€6,946 | -100% |
| Gross operating margin | 9900 | €450,846 | €635,743 | +€184,897 | +41.0% |
| Operating profit (loss) | 9901 | €104,044 | €133,586 | +€29,542 | +28.4% |
| Financial income | 75/76B | €31 | €9,764 | +€9,734 | +31,572% |
| Recurring financial income | 75 | €31 | €5,331 | +€5,300 | +17,192% |
| Non-recurring financial income | 76B | - | €4,433 | +€4,433 | |
| Financial charges | 65/66B | €11,789 | €12,858 | +€1,068 | +9.1% |
| Recurring financial charges | 65 | €11,789 | €12,858 | +€1,068 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €92,286 | €130,493 | +€38,208 | +41.4% |
| Income taxes | 67/77 | €27,542 | €36,418 | +€8,877 | +32.2% |
| Profit (loss) for the period | 9904 | €64,744 | €94,075 | +€29,331 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,744 | €94,075 | +€29,331 | +45.3% |
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.