BLEND-ER: 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.
BLEND-ER
Largest movements
- Tangible fixed assets -€24,278
down €24,278 (-35.1%), from €69,231 to €44,953
of which Furniture and vehicles: -€23,089
- Cash +€16,695
up €16,695 (+131.7%), from €12,677 to €29,372
mainly Depreciation (+€24,996) and Receivables within one year (+€10,713)
- Receivables within one year -€10,713
no longer reported in 2025 (was €10,713)
of which Trade receivables: -€9,950
- Financial fixed assets -€9,300
no longer reported in 2025 (was €9,300)
- Deferred charges and accrued income +€1,308
up €1,308 (+44.3%), from €2,953 to €4,262
- Debts after one year -€14,873
down €14,873 (-37.2%), from €39,968 to €25,095
- Trade debts -€10,871
down €10,871 (-94.2%), from €11,545 to €674
- Profit (loss) carried forward -€4,857
down €4,857 (-15.0%), from -€32,423 to -€37,280
- Tax, wage and social debts +€3,760
up €3,760 (+1004.5%), from €374 to €4,135
- Gross operating margin +€26,984
up €26,984 (+390.6%), from €6,908 to €33,892
- Depreciation +€6,132
up €6,132 (+32.5%), from €18,863 to €24,996
- Financial charges +€516
up €516 (+26.1%), from €1,973 to €2,489
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 | €104,874 | €78,586 | -€26,288 | -25.1% |
| Fixed assets | 21/28 | €78,531 | €44,953 | -€33,578 | -42.8% |
| Tangible fixed assets | 22/27 | €69,231 | €44,953 | -€24,278 | -35.1% |
| Land and buildings | 22 | €13,064 | €11,505 | -€1,559 | -11.9% |
| Plant, machinery and equipment | 23 | €2,226 | €2,596 | +€370 | +16.6% |
| Furniture and vehicles | 24 | €53,940 | €30,851 | -€23,089 | -42.8% |
| Financial fixed assets | 28 | €9,300 | - | -€9,300 | |
| Current assets | 29/58 | €26,343 | €33,633 | +€7,290 | +27.7% |
| Amounts receivable within one year | 40/41 | €10,713 | - | -€10,713 | |
| Trade receivables | 40 | €9,950 | - | -€9,950 | |
| Other amounts receivable | 41 | €764 | - | -€764 | |
| Cash at bank and in hand | 54/58 | €12,677 | €29,372 | +€16,695 | +131.7% |
| Deferred charges and accrued income | 490/1 | €2,953 | €4,262 | +€1,308 | +44.3% |
| Total equity and liabilities | 10/49 | €104,874 | €78,586 | -€26,288 | -25.1% |
| Equity | 10/15 | €1,764 | -€3,093 | -€4,857 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,587 | €15,587 | = | 0.0% |
| Distributable reserves | 133 | €15,587 | €15,587 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,423 | -€37,280 | -€4,857 | -15.0% |
| Amounts payable | 17/49 | €103,110 | €81,679 | -€21,431 | -20.8% |
| Amounts payable after more than one year | 17 | €39,968 | €25,095 | -€14,873 | -37.2% |
| Financial debts | 170/4 | €39,968 | €25,095 | -€14,873 | -37.2% |
| Amounts payable within one year | 42/48 | €63,142 | €56,584 | -€6,557 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €14,389 | €14,873 | +€484 | +3.4% |
| Financial debts | 43 | - | €112 | +€112 | |
| Credit institutions | 430/8 | - | €112 | +€112 | |
| Trade debts | 44 | €11,545 | €674 | -€10,871 | -94.2% |
| Suppliers | 440/4 | €11,545 | €674 | -€10,871 | -94.2% |
| Taxes, remuneration and social security | 45 | €374 | €4,135 | +€3,760 | +1004.5% |
| Taxes | 450/3 | €374 | €4,135 | +€3,760 | +1004.5% |
| Other amounts payable | 47/48 | €36,833 | €36,790 | -€43 | -0.1% |
| Non-recurring operating income | 76A | €10,948 | - | -€10,948 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,863 | €24,996 | +€6,132 | +32.5% |
| Other operating charges | 640/8 | €1,475 | €1,181 | -€293 | -19.9% |
| Non-recurring operating charges | 66A | - | €9,913 | +€9,913 | |
| Gross operating margin | 9900 | €6,908 | €33,892 | +€26,984 | +390.6% |
| Operating profit (loss) | 9901 | -€13,430 | -€2,198 | +€11,232 | +83.6% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €1,973 | €2,489 | +€516 | +26.1% |
| Recurring financial charges | 65 | €1,973 | €2,489 | +€516 | +26.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,403 | -€4,680 | +€10,723 | +69.6% |
| Income taxes | 67/77 | €374 | €178 | -€197 | -52.6% |
| Profit (loss) for the period | 9904 | -€15,777 | -€4,857 | +€10,920 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,777 | -€4,857 | +€10,920 | +69.2% |
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 8 October 2026 via checked.be.