BLEGAL: 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.
BLEGAL
Largest movements
- Cash -€286,777
down €286,777 (-43.6%), from €657,126 to €370,349
mainly Trade debts (-€278,890) and Net result for the year (-€76,465)
- Receivables within one year -€134,983
down €134,983 (-11.8%), from €1.1m to €1.0m
of which Trade receivables: -€83,354
- Deferred charges and accrued income +€69,074
up €69,074 (+123.0%), from €56,140 to €125,214
- Trade debts -€278,890
down €278,890 (-35.9%), from €777,074 to €498,184
- Reserves -€76,465
down €76,465 (-7.5%), from €1.0m to €939,646
- Gross operating margin -€42,502
down €42,502, from €3,580 to -€38,922
- Write-downs +€40,425
new in 2024: €40,425
- Other operating charges -€38,954
no longer reported in 2024 (was €38,954)
- Staff costs -€15,419
no longer reported in 2024 (was €15,419)
- Financial charges -€2,311
down €2,311 (-78.9%), from €2,929 to €618
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,857,738 | €1,505,052 | -€352,686 | -19.0% |
| Current assets | 29/58 | €1,857,738 | €1,505,052 | -€352,686 | -19.0% |
| Amounts receivable within one year | 40/41 | €1,144,472 | €1,009,489 | -€134,983 | -11.8% |
| Trade receivables | 40 | €1,023,263 | €939,909 | -€83,354 | -8.1% |
| Other amounts receivable | 41 | €121,209 | €69,579 | -€51,630 | -42.6% |
| Cash at bank and in hand | 54/58 | €657,126 | €370,349 | -€286,777 | -43.6% |
| Deferred charges and accrued income | 490/1 | €56,140 | €125,214 | +€69,074 | +123.0% |
| Total equity and liabilities | 10/49 | €1,857,738 | €1,505,052 | -€352,686 | -19.0% |
| Equity | 10/15 | €1,064,878 | €988,412 | -€76,465 | -7.2% |
| Contributions | 10/11 | €48,767 | €48,767 | = | 0.0% |
| Reserves | 13 | €1,016,111 | €939,646 | -€76,465 | -7.5% |
| Distributable reserves | 133 | €1,016,111 | €939,646 | -€76,465 | -7.5% |
| Amounts payable | 17/49 | €792,861 | €516,640 | -€276,221 | -34.8% |
| Amounts payable within one year | 42/48 | €792,861 | €509,550 | -€283,310 | -35.7% |
| Trade debts | 44 | €777,074 | €498,184 | -€278,890 | -35.9% |
| Suppliers | 440/4 | €777,074 | €498,184 | -€278,890 | -35.9% |
| Taxes, remuneration and social security | 45 | €3,030 | €3,030 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,030 | €3,030 | = | 0.0% |
| Other amounts payable | 47/48 | €12,757 | €8,336 | -€4,421 | -34.7% |
| Accrued charges and deferred income | 492/3 | - | €7,090 | +€7,090 | |
| Remuneration, social security and pensions | 62 | €15,419 | - | -€15,419 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40,425 | +€40,425 | |
| Other operating charges | 640/8 | €38,954 | - | -€38,954 | |
| Non-recurring operating charges | 66A | €7,186 | - | -€7,186 | |
| Gross operating margin | 9900 | €3,580 | -€38,922 | -€42,502 | |
| Operating profit (loss) | 9901 | -€57,979 | -€79,347 | -€21,369 | -36.9% |
| Financial income | 75/76B | €1,527 | €3,500 | +€1,972 | +129.1% |
| Recurring financial income | 75 | €1,527 | €3,500 | +€1,972 | +129.1% |
| Financial charges | 65/66B | €2,929 | €618 | -€2,311 | -78.9% |
| Recurring financial charges | 65 | €2,929 | €618 | -€2,311 | -78.9% |
| Profit (loss) for the period before taxes | 9903 | -€59,380 | -€76,465 | -€17,085 | -28.8% |
| Income taxes | 67/77 | -€68 | - | +€68 | |
| Profit (loss) for the period | 9904 | -€59,312 | -€76,465 | -€17,153 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,312 | -€76,465 | -€17,153 | -28.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.