BLDK CONSULT: 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.
BLDK CONSULT
Largest movements
- Tangible fixed assets -€59,345
down €59,345 (-4.9%), from €1.2m to €1.1m
of which Land and buildings: -€59,000
- Cash +€37,980
up €37,980 (+730.3%), from €5,201 to €43,181
mainly Net result for the year (+€96,201) and Depreciation (+€60,786)
- Receivables within one year -€32,086
down €32,086 (-74.5%), from €43,095 to €11,009
of which Trade receivables: -€34,011
- Reserves +€47,201
up €47,201 (+13.9%), from €339,471 to €386,672
- Trade debts -€43,740
down €43,740 (-92.7%), from €47,189 to €3,449
- Debts after one year -€32,448
down €32,448 (-21.5%), from €151,104 to €118,656
of which Financial debts: -€36,448
- Current portion of long-term debt -€20,369
down €20,369 (-33.7%), from €60,361 to €39,991
- Gross operating margin +€25,743
up €25,743 (+13.2%), from €194,990 to €220,733
- Taxes +€6,259
up €6,259 (+15.5%), from €40,509 to €46,768
- Write-downs +€6,178
up €6,178 (+95.1%), from -€6,499 to -€321
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 | €1,305,344 | €1,250,397 | -€54,948 | -4.2% |
| Fixed assets | 21/28 | €1,206,583 | €1,147,238 | -€59,345 | -4.9% |
| Tangible fixed assets | 22/27 | €1,206,441 | €1,147,096 | -€59,345 | -4.9% |
| Land and buildings | 22 | €1,204,389 | €1,145,389 | -€59,000 | -4.9% |
| Furniture and vehicles | 24 | €2,052 | €1,707 | -€345 | -16.8% |
| Financial fixed assets | 28 | €142 | €142 | = | 0.0% |
| Current assets | 29/58 | €98,761 | €103,159 | +€4,398 | +4.5% |
| Stocks and contracts in progress | 3 | €43,786 | €39,577 | -€4,209 | -9.6% |
| Stocks | 30/36 | €43,786 | €39,577 | -€4,209 | -9.6% |
| Amounts receivable within one year | 40/41 | €43,095 | €11,009 | -€32,086 | -74.5% |
| Trade receivables | 40 | €43,095 | €9,085 | -€34,011 | -78.9% |
| Other amounts receivable | 41 | - | €1,925 | +€1,925 | |
| Current investments | 50/53 | €5,000 | €7,758 | +€2,758 | +55.2% |
| Cash at bank and in hand | 54/58 | €5,201 | €43,181 | +€37,980 | +730.3% |
| Deferred charges and accrued income | 490/1 | €1,679 | €1,633 | -€45 | -2.7% |
| Total equity and liabilities | 10/49 | €1,305,344 | €1,250,397 | -€54,948 | -4.2% |
| Equity | 10/15 | €972,845 | €1,020,046 | +€47,201 | +4.9% |
| Contributions | 10/11 | €625,000 | €625,000 | = | 0.0% |
| Reserves | 13 | €339,471 | €386,672 | +€47,201 | +13.9% |
| Distributable reserves | 133 | €339,471 | €386,672 | +€47,201 | +13.9% |
| Profit (loss) carried forward | 14 | €8,374 | €8,374 | = | 0.0% |
| Amounts payable | 17/49 | €332,499 | €230,351 | -€102,148 | -30.7% |
| Amounts payable after more than one year | 17 | €151,104 | €118,656 | -€32,448 | -21.5% |
| Financial debts | 170/4 | €151,104 | €114,656 | -€36,448 | -24.1% |
| Other amounts payable | 178/9 | - | €4,000 | +€4,000 | |
| Amounts payable within one year | 42/48 | €181,395 | €111,695 | -€69,701 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €60,361 | €39,991 | -€20,369 | -33.7% |
| Financial debts | 43 | €390 | €253 | -€137 | -35.2% |
| Credit institutions | 430/8 | €390 | €253 | -€137 | -35.2% |
| Trade debts | 44 | €47,189 | €3,449 | -€43,740 | -92.7% |
| Suppliers | 440/4 | €47,189 | €3,449 | -€43,740 | -92.7% |
| Taxes, remuneration and social security | 45 | €14,950 | €19,001 | +€4,051 | +27.1% |
| Taxes | 450/3 | €14,950 | €19,001 | +€4,051 | +27.1% |
| Other amounts payable | 47/48 | €58,505 | €49,000 | -€9,505 | -16.2% |
| Non-recurring operating income | 76A | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,632 | €60,786 | +€154 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,499 | -€321 | +€6,178 | +95.1% |
| Other operating charges | 640/8 | €13,366 | €13,345 | -€21 | -0.2% |
| Non-recurring operating charges | 66A | €23 | - | -€23 | |
| Gross operating margin | 9900 | €194,990 | €220,733 | +€25,743 | +13.2% |
| Operating profit (loss) | 9901 | €127,467 | €146,924 | +€19,456 | +15.3% |
| Financial income | 75/76B | - | €52 | +€52 | |
| Recurring financial income | 75 | - | €52 | +€52 | |
| Financial charges | 65/66B | €4,718 | €4,007 | -€712 | -15.1% |
| Recurring financial charges | 65 | €4,718 | €4,007 | -€712 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €122,749 | €142,969 | +€20,220 | +16.5% |
| Income taxes | 67/77 | €40,509 | €46,768 | +€6,259 | +15.5% |
| Profit (loss) for the period | 9904 | €82,240 | €96,201 | +€13,961 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,240 | €96,201 | +€13,961 | +17.0% |
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 9 October 2026 via checked.be.