BLEND Management: 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.
BLEND Management
Largest movements
- Tangible fixed assets -€10,041
down €10,041 (-3.8%), from €267,550 to €257,509
of which Land and buildings: -€8,284
- Receivables within one year +€3,710
up €3,710 (+5.1%), from €72,376 to €76,086
of which Other amounts receivable: +€4,134
- Profit (loss) carried forward +€27,301
up €27,301 (+39.0%), from €70,035 to €97,336
- Debts after one year -€20,502
down €20,502 (-8.6%), from €237,317 to €216,815
- Current portion of long-term debt -€10,858
down €10,858 (-47.7%), from €22,758 to €11,900
- Trade debts -€4,756
down €4,756 (-67.9%), from €7,009 to €2,253
- Depreciation -€2,103
down €2,103 (-17.3%), from €12,144 to €10,041
- Other operating charges +€1,768
up €1,768 (+72.5%), from €2,439 to €4,207
- Taxes +€1,225
up €1,225 (+13.6%), from €8,991 to €10,216
- Financial charges -€930
down €930 (-17.1%), from €5,433 to €4,503
- Financial income +€716
up €716 (+106%), from €673 to €1,389
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.
Derived cash bridge
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 | €364,955 | €359,046 | -€5,909 | -1.6% |
| Fixed assets | 21/28 | €267,550 | €257,509 | -€10,041 | -3.8% |
| Tangible fixed assets | 22/27 | €267,550 | €257,509 | -€10,041 | -3.8% |
| Land and buildings | 22 | €259,219 | €250,935 | -€8,284 | -3.2% |
| Plant, machinery and equipment | 23 | €2,438 | €2,192 | -€246 | -10.1% |
| Furniture and vehicles | 24 | €920 | €246 | -€674 | -73.3% |
| Other tangible fixed assets | 26 | €4,973 | €4,136 | -€837 | -16.8% |
| Current assets | 29/58 | €97,405 | €101,537 | +€4,132 | +4.2% |
| Amounts receivable after more than one year | 29 | €15,937 | €15,937 | = | 0.0% |
| Other amounts receivable | 291 | €15,937 | €15,937 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,376 | €76,086 | +€3,710 | +5.1% |
| Trade receivables | 40 | €19,846 | €19,422 | -€424 | -2.1% |
| Other amounts receivable | 41 | €52,531 | €56,664 | +€4,134 | +7.9% |
| Cash at bank and in hand | 54/58 | €7,534 | €8,169 | +€636 | +8.4% |
| Deferred charges and accrued income | 490/1 | €1,558 | €1,345 | -€214 | -13.7% |
| Total equity and liabilities | 10/49 | €364,955 | €359,046 | -€5,909 | -1.6% |
| Equity | 10/15 | €90,495 | €117,796 | +€27,301 | +30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,035 | €97,336 | +€27,301 | +39.0% |
| Amounts payable | 17/49 | €274,460 | €241,250 | -€33,210 | -12.1% |
| Amounts payable after more than one year | 17 | €237,317 | €216,815 | -€20,502 | -8.6% |
| Financial debts | 170/4 | €237,317 | €216,815 | -€20,502 | -8.6% |
| Amounts payable within one year | 42/48 | €37,143 | €24,435 | -€12,708 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €22,758 | €11,900 | -€10,858 | -47.7% |
| Financial debts | 43 | €48 | - | -€48 | |
| Credit institutions | 430/8 | €48 | - | -€48 | |
| Trade debts | 44 | €7,009 | €2,253 | -€4,756 | -67.9% |
| Suppliers | 440/4 | €7,009 | €2,253 | -€4,756 | -67.9% |
| Taxes, remuneration and social security | 45 | €7,328 | €10,212 | +€2,884 | +39.4% |
| Taxes | 450/3 | €7,328 | €10,212 | +€2,884 | +39.4% |
| Other amounts payable | 47/48 | - | €70 | +€70 | |
| Non-recurring operating income | 76A | €5,221 | - | -€5,221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,144 | €10,041 | -€2,103 | -17.3% |
| Other operating charges | 640/8 | €2,439 | €4,207 | +€1,768 | +72.5% |
| Gross operating margin | 9900 | €54,645 | €54,880 | +€235 | +0.4% |
| Operating profit (loss) | 9901 | €40,062 | €40,632 | +€570 | +1.4% |
| Financial income | 75/76B | €673 | €1,389 | +€716 | +106% |
| Recurring financial income | 75 | €673 | €1,389 | +€716 | +106% |
| Financial charges | 65/66B | €5,433 | €4,503 | -€930 | -17.1% |
| Recurring financial charges | 65 | €5,433 | €4,503 | -€930 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €35,302 | €37,517 | +€2,216 | +6.3% |
| Income taxes | 67/77 | €8,991 | €10,216 | +€1,225 | +13.6% |
| Profit (loss) for the period | 9904 | €26,310 | €27,301 | +€991 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,310 | €27,301 | +€991 | +3.8% |
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 28 October 2026 via checked.be.