BLEND WIJNBARS: 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 WIJNBARS
Largest movements
- Receivables within one year +€126,868
up €126,868 (+179.1%), from €70,841 to €197,709
of which Other amounts receivable: +€117,742
- Cash -€47,417
down €47,417 (-40.9%), from €115,939 to €68,522
mainly Contributions, distributions and other (-€188,000) and Receivables within one year (-€126,868)
- Current investments +€39,994
up €39,994 (+367250.7%), from €11 to €40,004
- Tangible fixed assets -€17,124
down €17,124 (-22.6%), from €75,700 to €58,577
of which Plant, machinery and equipment: -€13,827
- Deferred charges and accrued income -€15,927
down €15,927 (-91.9%), from €17,328 to €1,400
- Other debts +€237,326
up €237,326 (+236.0%), from €100,567 to €337,893
- Reserves -€118,000
down €118,000 (-84.7%), from €139,387 to €21,387
- Trade debts -€17,389
down €17,389 (-14.8%), from €117,286 to €99,897
- Tax, wage and social debts -€13,528
down €13,528 (-13.0%), from €104,252 to €90,724
of which Taxes: -€30,205
- Gross operating margin +€339,532
up €339,532 (+84.0%), from €404,213 to €743,745
- Staff costs +€232,519
up €232,519 (+71.4%), from €325,485 to €558,005
- Other operating charges +€53,294
up €53,294 (+2731.4%), from €1,951 to €55,245
- Taxes +€11,244
up €11,244 (+83.2%), from €13,510 to €24,753
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 | €466,374 | €555,734 | +€89,359 | +19.2% |
| Fixed assets | 21/28 | €75,700 | €58,577 | -€17,124 | -22.6% |
| Tangible fixed assets | 22/27 | €75,700 | €58,577 | -€17,124 | -22.6% |
| Plant, machinery and equipment | 23 | €61,828 | €48,001 | -€13,827 | -22.4% |
| Furniture and vehicles | 24 | €13,872 | €10,575 | -€3,296 | -23.8% |
| Current assets | 29/58 | €390,674 | €497,157 | +€106,483 | +27.3% |
| Stocks and contracts in progress | 3 | €186,556 | €189,521 | +€2,965 | +1.6% |
| Stocks | 30/36 | €186,556 | €189,521 | +€2,965 | +1.6% |
| Amounts receivable within one year | 40/41 | €70,841 | €197,709 | +€126,868 | +179.1% |
| Trade receivables | 40 | €5,760 | €14,886 | +€9,125 | +158.4% |
| Other amounts receivable | 41 | €65,081 | €182,824 | +€117,742 | +180.9% |
| Current investments | 50/53 | €11 | €40,004 | +€39,994 | +367250.7% |
| Cash at bank and in hand | 54/58 | €115,939 | €68,522 | -€47,417 | -40.9% |
| Deferred charges and accrued income | 490/1 | €17,328 | €1,400 | -€15,927 | -91.9% |
| Total equity and liabilities | 10/49 | €466,374 | €555,734 | +€89,359 | +19.2% |
| Equity | 10/15 | €140,960 | €23,166 | -€117,794 | -83.6% |
| Contributions | 10/11 | €1,346 | €1,346 | = | 0.0% |
| Reserves | 13 | €139,387 | €21,387 | -€118,000 | -84.7% |
| Distributable reserves | 133 | €139,387 | €21,387 | -€118,000 | -84.7% |
| Profit (loss) carried forward | 14 | €227 | €433 | +€206 | +90.7% |
| Amounts payable | 17/49 | €325,414 | €532,567 | +€207,153 | +63.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €325,414 | €532,567 | +€207,153 | +63.7% |
| Current portion of amounts payable after more than one year | 42 | €2,376 | €0 | -€2,376 | -100.0% |
| Trade debts | 44 | €117,286 | €99,897 | -€17,389 | -14.8% |
| Suppliers | 440/4 | €117,286 | €99,897 | -€17,389 | -14.8% |
| Advances received on contracts in progress | 46 | €934 | €4,054 | +€3,120 | +334.1% |
| Taxes, remuneration and social security | 45 | €104,252 | €90,724 | -€13,528 | -13.0% |
| Taxes | 450/3 | €70,799 | €40,594 | -€30,205 | -42.7% |
| Remuneration and social security | 454/9 | €33,453 | €50,130 | +€16,677 | +49.9% |
| Other amounts payable | 47/48 | €100,567 | €337,893 | +€237,326 | +236.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €325,485 | €558,005 | +€232,519 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,337 | €20,734 | +€7,397 | +55.5% |
| Other operating charges | 640/8 | €1,951 | €55,245 | +€53,294 | +2731.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €404,213 | €743,745 | +€339,532 | +84.0% |
| Operating profit (loss) | 9901 | €63,440 | €109,761 | +€46,321 | +73.0% |
| Financial income | 75/76B | €2,129 | €11 | -€2,118 | -99.5% |
| Recurring financial income | 75 | €2,129 | €11 | -€2,118 | -99.5% |
| Financial charges | 65/66B | €9,517 | €14,812 | +€5,295 | +55.6% |
| Recurring financial charges | 65 | €9,517 | €14,812 | +€5,295 | +55.6% |
| Profit (loss) for the period before taxes | 9903 | €56,051 | €94,959 | +€38,908 | +69.4% |
| Income taxes | 67/77 | €13,510 | €24,753 | +€11,244 | +83.2% |
| Profit (loss) for the period | 9904 | €42,542 | €70,206 | +€27,664 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,542 | €70,206 | +€27,664 | +65.0% |
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 7 October 2026 via checked.be.