BLCK-IMMO: 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.
BLCK-IMMO
Largest movements
- Tangible fixed assets -€51,385
down €51,385 (-2.2%), from €2.3m to €2.2m
of which Land and buildings: -€50,953
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€61,029
down €61,029 (-53.1%), from €114,914 to €53,885
- Gross operating margin +€13,299
up €13,299 (+44.7%), from €29,783 to €43,082
- Other operating charges +€4,741
up €4,741 (+608%), from €779 to €5,520
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 | €2,366,978 | €2,349,982 | -€16,996 | -0.7% |
| Fixed assets | 21/28 | €2,289,111 | €2,237,726 | -€51,385 | -2.2% |
| Tangible fixed assets | 22/27 | €2,289,111 | €2,237,726 | -€51,385 | -2.2% |
| Land and buildings | 22 | €2,270,503 | €2,219,549 | -€50,953 | -2.2% |
| Furniture and vehicles | 24 | €18,609 | €18,177 | -€432 | -2.3% |
| Current assets | 29/58 | €77,866 | €112,256 | +€34,390 | +44.2% |
| Amounts receivable within one year | 40/41 | €63,228 | €76,217 | +€12,989 | +20.5% |
| Trade receivables | 40 | €500 | €14,226 | +€13,726 | +2,745% |
| Other amounts receivable | 41 | €62,728 | €61,991 | -€737 | -1.2% |
| Cash at bank and in hand | 54/58 | €13,854 | €35,472 | +€21,619 | +156% |
| Deferred charges and accrued income | 490/1 | €785 | €567 | -€218 | -27.8% |
| Total equity and liabilities | 10/49 | €2,366,978 | €2,349,982 | -€16,996 | -0.7% |
| Equity | 10/15 | €159,115 | €142,762 | -€16,353 | -10.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,885 | -€107,238 | -€16,353 | -18.0% |
| Amounts payable | 17/49 | €2,207,863 | €2,207,220 | -€643 | 0.0% |
| Amounts payable within one year | 42/48 | €2,207,863 | €2,207,220 | -€643 | 0.0% |
| Trade debts | 44 | €2,264 | €2,215 | -€49 | -2.2% |
| Suppliers | 440/4 | €2,264 | €2,215 | -€49 | -2.2% |
| Taxes, remuneration and social security | 45 | €208 | €208 | = | 0.0% |
| Taxes | 450/3 | €208 | €208 | = | 0.0% |
| Other amounts payable | 47/48 | €2,205,391 | €2,204,797 | -€594 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,914 | €53,885 | -€61,029 | -53.1% |
| Other operating charges | 640/8 | €779 | €5,520 | +€4,741 | +608% |
| Gross operating margin | 9900 | €29,783 | €43,082 | +€13,299 | +44.7% |
| Operating profit (loss) | 9901 | -€85,910 | -€16,323 | +€69,587 | +81.0% |
| Financial charges | 65/66B | €78 | €29 | -€48 | -62.2% |
| Recurring financial charges | 65 | €78 | €29 | -€48 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | -€85,988 | -€16,353 | +€69,635 | +81.0% |
| Profit (loss) for the period | 9904 | -€85,988 | -€16,353 | +€69,635 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,988 | -€16,353 | +€69,635 | +81.0% |
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 16 October 2026 via checked.be.