BLegal 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.
BLegal Consult
Largest movements
- Receivables after one year +€1.7m
up €1.7m (+1188.8%), from €140,420 to €1.8m
- Financial fixed assets -€914,679
down €914,679 (-38.0%), from €2.4m to €1.5m
- Cash +€131,675
up €131,675 (+89.7%), from €146,874 to €278,549
mainly Net result for the year (+€1.8m) and Investment in fixed assets (net) (+€855,685)
- Current investments +€58,570
up €58,570 (+4.7%), from €1.2m to €1.3m
- Reserves +€1.5m
up €1.5m (+53.7%), from €2.7m to €4.2m
of which Distributable reserves: +€1.5m
- Debts after one year -€315,224
down €315,224 (-22.0%), from €1.4m to €1.1m
of which Financial debts: -€313,802
- Tax, wage and social debts -€112,367
down €112,367 (-84.4%), from €133,127 to €20,760
- Current portion of long-term debt -€62,064
down €62,064 (-32.7%), from €189,644 to €127,580
- Financial income +€1.2m
up €1.2m (+162.2%), from €726,352 to €1.9m
of which Financial income: +€1.8m
- Gross operating margin -€14,007
down €14,007 (-20.4%), from €68,792 to €54,785
- Taxes +€7,385
up €7,385 (+14.1%), from €52,397 to €59,782
- Financial charges +€6,206
up €6,206 (+12.2%), from €51,044 to €57,250
- Depreciation +€3,263
up €3,263 (+13.8%), from €23,577 to €26,840
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 | €4,532,490 | €5,512,953 | +€980,463 | +21.6% |
| Fixed assets | 21/28 | €2,980,675 | €2,098,150 | -€882,525 | -29.6% |
| Tangible fixed assets | 22/27 | €576,602 | €608,755 | +€32,154 | +5.6% |
| Land and buildings | 22 | €561,934 | €591,440 | +€29,506 | +5.3% |
| Furniture and vehicles | 24 | €14,668 | €17,316 | +€2,648 | +18.1% |
| Financial fixed assets | 28 | €2,404,074 | €1,489,395 | -€914,679 | -38.0% |
| Current assets | 29/58 | €1,551,815 | €3,414,803 | +€1.9m | +120.1% |
| Amounts receivable after more than one year | 29 | €140,420 | €1,809,669 | +€1.7m | +1188.8% |
| Other amounts receivable | 291 | €140,420 | €1,809,669 | +€1.7m | +1188.8% |
| Amounts receivable within one year | 40/41 | €25,723 | €28,364 | +€2,641 | +10.3% |
| Trade receivables | 40 | €19,275 | €21,650 | +€2,375 | +12.3% |
| Other amounts receivable | 41 | €6,448 | €6,714 | +€266 | +4.1% |
| Current investments | 50/53 | €1,236,641 | €1,295,211 | +€58,570 | +4.7% |
| Cash at bank and in hand | 54/58 | €146,874 | €278,549 | +€131,675 | +89.7% |
| Deferred charges and accrued income | 490/1 | €2,157 | €3,010 | +€853 | +39.6% |
| Total equity and liabilities | 10/49 | €4,532,490 | €5,512,953 | +€980,463 | +21.6% |
| Equity | 10/15 | €2,765,373 | €4,241,465 | +€1.5m | +53.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,746,781 | €4,222,873 | +€1.5m | +53.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €2,744,922 | €4,221,014 | +€1.5m | +53.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,767,117 | €1,271,488 | -€495,629 | -28.0% |
| Amounts payable after more than one year | 17 | €1,431,511 | €1,116,286 | -€315,224 | -22.0% |
| Financial debts | 170/4 | €1,393,854 | €1,080,052 | -€313,802 | -22.5% |
| Other amounts payable | 178/9 | €37,657 | €36,234 | -€1,423 | -3.8% |
| Amounts payable within one year | 42/48 | €333,849 | €152,714 | -€181,135 | -54.3% |
| Current portion of amounts payable after more than one year | 42 | €189,644 | €127,580 | -€62,064 | -32.7% |
| Financial debts | 43 | €3,721 | €0 | -€3,721 | -100.0% |
| Credit institutions | 430/8 | €3,721 | €0 | -€3,721 | -100.0% |
| Trade debts | 44 | €4,114 | €1,530 | -€2,584 | -62.8% |
| Suppliers | 440/4 | €4,114 | €1,530 | -€2,584 | -62.8% |
| Taxes, remuneration and social security | 45 | €133,127 | €20,760 | -€112,367 | -84.4% |
| Taxes | 450/3 | €133,127 | €20,760 | -€112,367 | -84.4% |
| Other amounts payable | 47/48 | €3,243 | €2,844 | -€399 | -12.3% |
| Accrued charges and deferred income | 492/3 | €1,757 | €2,487 | +€730 | +41.5% |
| Non-recurring operating income | 76A | €460 | €0 | -€460 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,577 | €26,840 | +€3,263 | +13.8% |
| Other operating charges | 640/8 | €3,477 | €3,013 | -€464 | -13.4% |
| Non-recurring operating charges | 66A | €0 | €34 | +€34 | |
| Gross operating margin | 9900 | €68,792 | €54,785 | -€14,007 | -20.4% |
| Operating profit (loss) | 9901 | €41,739 | €24,899 | -€16,840 | -40.3% |
| Financial income | 75/76B | €726,352 | €1,904,164 | +€1.2m | +162.2% |
| Recurring financial income | 75 | €112,945 | €1,904,164 | +€1.8m | +1585.9% |
| Non-recurring financial income | 76B | €613,407 | €0 | -€613,407 | -100.0% |
| Financial charges | 65/66B | €51,044 | €57,250 | +€6,206 | +12.2% |
| Recurring financial charges | 65 | €51,044 | €57,250 | +€6,206 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €717,046 | €1,871,813 | +€1.2m | +161.0% |
| Income taxes | 67/77 | €52,397 | €59,782 | +€7,385 | +14.1% |
| Profit (loss) for the period | 9904 | €664,650 | €1,812,031 | +€1.1m | +172.6% |
| Profit (loss) for the period to be appropriated | 9905 | €664,650 | €1,812,031 | +€1.1m | +172.6% |
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 12 October 2026 via checked.be.