BLEKERSHOF: what changed
BLEKERSHOF
Largest movements
- Tangible fixed assets +€33,247
up €33,247 (+11.0%), from €301,408 to €334,655
of which Land and buildings: +€16,889
- Cash -€29,797
down €29,797 (-73.8%), from €40,374 to €10,577
mainly Investment in fixed assets (net) (-€75,960) and Other debts (-€29,090)
- Deferred charges and accrued income +€12,612
up €12,612 (+656%), from €1,922 to €14,534
- Receivables within one year -€11,027
down €11,027 (-52.9%), from €20,832 to €9,806
of which Trade receivables: -€13,736
- Profit (loss) carried forward +€45,043
up €45,043 (+86.0%), from €52,367 to €97,410
- Other debts -€29,090
down €29,090 (-17.1%), from €170,610 to €141,520
- Current portion of long-term debt -€10,000
down €10,000 (-100%), from €10,000 to €0
- Trade debts +€4,130
up €4,130 (+169%), from €2,445 to €6,576
- Gross operating margin +€18,084
up €18,084 (+18.6%), from €97,121 to €115,205
- Financial charges -€2,814
down €2,814 (-19.3%), from €14,581 to €11,767
- Depreciation -€2,411
down €2,411 (-5.3%), from €45,124 to €42,714
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €378,930 | €386,348 | +€7,418 | +2.0% |
| Fixed assets | 21/28 | €301,408 | €334,655 | +€33,247 | +11.0% |
| Tangible fixed assets | 22/27 | €301,408 | €334,655 | +€33,247 | +11.0% |
| Land and buildings | 22 | €291,713 | €308,602 | +€16,889 | +5.8% |
| Plant, machinery and equipment | 23 | €8,012 | €23,776 | +€15,764 | +197% |
| Furniture and vehicles | 24 | €1,684 | €2,277 | +€594 | +35.3% |
| Current assets | 29/58 | €77,521 | €51,693 | -€25,828 | -33.3% |
| Stocks and contracts in progress | 3 | €14,393 | €16,776 | +€2,384 | +16.6% |
| Stocks | 30/36 | €14,393 | €16,776 | +€2,384 | +16.6% |
| Amounts receivable within one year | 40/41 | €20,832 | €9,806 | -€11,027 | -52.9% |
| Trade receivables | 40 | €20,832 | €7,096 | -€13,736 | -65.9% |
| Other amounts receivable | 41 | - | €2,709 | +€2,709 | |
| Cash at bank and in hand | 54/58 | €40,374 | €10,577 | -€29,797 | -73.8% |
| Deferred charges and accrued income | 490/1 | €1,922 | €14,534 | +€12,612 | +656% |
| Total equity and liabilities | 10/49 | €378,930 | €386,348 | +€7,418 | +2.0% |
| Equity | 10/15 | €169,639 | €214,682 | +€45,043 | +26.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,672 | €98,672 | = | 0.0% |
| Distributable reserves | 133 | €98,672 | €98,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,367 | €97,410 | +€45,043 | +86.0% |
| Amounts payable | 17/49 | €209,291 | €171,666 | -€37,625 | -18.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €195,243 | €160,148 | -€35,095 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €0 | -€10,000 | -100% |
| Trade debts | 44 | €2,445 | €6,576 | +€4,130 | +169% |
| Suppliers | 440/4 | €2,445 | €6,576 | +€4,130 | +169% |
| Taxes, remuneration and social security | 45 | €12,187 | €12,052 | -€136 | -1.1% |
| Taxes | 450/3 | €12,187 | €12,052 | -€136 | -1.1% |
| Other amounts payable | 47/48 | €170,610 | €141,520 | -€29,090 | -17.1% |
| Accrued charges and deferred income | 492/3 | €14,048 | €11,519 | -€2,530 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,124 | €42,714 | -€2,411 | -5.3% |
| Other operating charges | 640/8 | €3,291 | €3,397 | +€106 | +3.2% |
| Gross operating margin | 9900 | €97,121 | €115,205 | +€18,084 | +18.6% |
| Operating profit (loss) | 9901 | €48,706 | €69,095 | +€20,389 | +41.9% |
| Financial income | 75/76B | €58 | €9 | -€49 | -84.0% |
| Recurring financial income | 75 | €58 | €9 | -€49 | -84.0% |
| Financial charges | 65/66B | €14,581 | €11,767 | -€2,814 | -19.3% |
| Recurring financial charges | 65 | €14,581 | €11,767 | -€2,814 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €34,183 | €57,337 | +€23,154 | +67.7% |
| Income taxes | 67/77 | €11,492 | €12,294 | +€802 | +7.0% |
| Profit (loss) for the period | 9904 | €22,692 | €45,043 | +€22,352 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,692 | €45,043 | +€22,352 | +98.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.