BLEEKHOF: what changed
Two fiscal 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.
BLEEKHOF
Largest movements
- Tangible fixed assets -€38,249
down €38,249 (-9.1%), from €420,167 to €381,918
of which Land and buildings: -€27,347
- Cash +€9,165
up €9,165 (+271.4%), from €3,377 to €12,542
mainly Depreciation (+€39,656) and Net result for the year (+€25,711)
- Debts after one year -€44,466
down €44,466 (-48.7%), from €91,279 to €46,813
- Reserves +€25,711
up €25,711 (+32.1%), from €80,093 to €105,803
of which Distributable reserves: +€25,711
- Tax, wage and social debts -€5,790
down €5,790 (-42.4%), from €13,656 to €7,866
- Trade debts -€5,307
down €5,307 (-58.7%), from €9,036 to €3,728
- Depreciation +€4,358
up €4,358 (+12.3%), from €35,298 to €39,656
- Financial charges -€2,118
down €2,118 (-26.4%), from €8,010 to €5,893
- Gross operating margin +€1,123
up €1,123 (+1.2%), from €90,575 to €91,698
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 | €429,151 | €399,428 | -€29,723 | -6.9% |
| Fixed assets | 21/28 | €420,167 | €381,918 | -€38,249 | -9.1% |
| Tangible fixed assets | 22/27 | €420,167 | €381,918 | -€38,249 | -9.1% |
| Land and buildings | 22 | €403,414 | €376,067 | -€27,347 | -6.8% |
| Plant, machinery and equipment | 23 | €14,036 | €3,754 | -€10,281 | -73.3% |
| Furniture and vehicles | 24 | €2,717 | €2,097 | -€620 | -22.8% |
| Current assets | 29/58 | €8,984 | €17,510 | +€8,526 | +94.9% |
| Amounts receivable within one year | 40/41 | €5,584 | €4,946 | -€639 | -11.4% |
| Trade receivables | 40 | €4,025 | €4,892 | +€866 | +21.5% |
| Other amounts receivable | 41 | €1,559 | €54 | -€1,505 | -96.5% |
| Cash at bank and in hand | 54/58 | €3,377 | €12,542 | +€9,165 | +271.4% |
| Deferred charges and accrued income | 490/1 | €23 | €23 | = | 0.0% |
| Total equity and liabilities | 10/49 | €429,151 | €399,428 | -€29,723 | -6.9% |
| Equity | 10/15 | €227,211 | €252,922 | +€25,711 | +11.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €80,093 | €105,803 | +€25,711 | +32.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €73,893 | €99,603 | +€25,711 | +34.8% |
| Profit (loss) carried forward | 14 | €85,119 | €85,119 | = | 0.0% |
| Amounts payable | 17/49 | €201,939 | €146,506 | -€55,433 | -27.5% |
| Amounts payable after more than one year | 17 | €91,279 | €46,813 | -€44,466 | -48.7% |
| Financial debts | 170/4 | €91,279 | €46,813 | -€44,466 | -48.7% |
| Amounts payable within one year | 42/48 | €110,660 | €99,693 | -€10,967 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €42,237 | €44,466 | +€2,229 | +5.3% |
| Trade debts | 44 | €9,036 | €3,728 | -€5,307 | -58.7% |
| Suppliers | 440/4 | €9,036 | €3,728 | -€5,307 | -58.7% |
| Taxes, remuneration and social security | 45 | €13,656 | €7,866 | -€5,790 | -42.4% |
| Taxes | 450/3 | €13,656 | €7,866 | -€5,790 | -42.4% |
| Other amounts payable | 47/48 | €45,731 | €43,632 | -€2,099 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,298 | €39,656 | +€4,358 | +12.3% |
| Other operating charges | 640/8 | €7,077 | €7,653 | +€576 | +8.1% |
| Gross operating margin | 9900 | €90,575 | €91,698 | +€1,123 | +1.2% |
| Operating profit (loss) | 9901 | €48,199 | €44,388 | -€3,811 | -7.9% |
| Financial income | 75/76B | €43 | €82 | +€39 | +89.5% |
| Recurring financial income | 75 | €43 | €82 | +€39 | +89.5% |
| Financial charges | 65/66B | €8,010 | €5,893 | -€2,118 | -26.4% |
| Recurring financial charges | 65 | €8,010 | €5,893 | -€2,118 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €40,232 | €38,577 | -€1,655 | -4.1% |
| Income taxes | 67/77 | €13,656 | €12,866 | -€790 | -5.8% |
| Profit (loss) for the period | 9904 | €26,576 | €25,711 | -€865 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,576 | €25,711 | -€865 | -3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.