Blendsesh: 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.
Blendsesh
Largest movements
- Receivables within one year -€11,640
down €11,640 (-49.4%), from €23,571 to €11,931
- Tangible fixed assets -€1,813
down €1,813 (-28.4%), from €6,391 to €4,578
of which Plant, machinery and equipment: -€1,342
- Intangible fixed assets -€1,396
no longer reported in 2025 (was €1,396)
- Stocks and contracts -€538
no longer reported in 2025 (was €538)
- Debts after one year -€11,000
down €11,000 (-14.3%), from €76,750 to €65,750
- Trade debts -€7,706
down €7,706 (-82.5%), from €9,341 to €1,635
- Profit (loss) carried forward +€6,108
up €6,108 (+8.9%), from -€68,495 to -€62,387
- Current portion of long-term debt -€3,617
no longer reported in 2025 (was €3,617)
- Other debts +€1,507
up €1,507 (+52.8%), from €2,856 to €4,363
- Gross operating margin +€14,944
up €14,944, from -€2,746 to €12,198
- Financial charges +€723
up €723 (+78.6%), from €919 to €1,641
- Depreciation -€345
down €345 (-7.2%), from €4,803 to €4,458
- Other operating charges -€280
down €280 (-100.0%), from €280 to €0
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 | €32,640 | €17,080 | -€15,560 | -47.7% |
| Fixed assets | 21/28 | €7,787 | €4,578 | -€3,209 | -41.2% |
| Intangible fixed assets | 21 | €1,396 | - | -€1,396 | |
| Tangible fixed assets | 22/27 | €6,391 | €4,578 | -€1,813 | -28.4% |
| Plant, machinery and equipment | 23 | €4,449 | €3,106 | -€1,342 | -30.2% |
| Furniture and vehicles | 24 | €1,942 | €1,472 | -€470 | -24.2% |
| Current assets | 29/58 | €24,853 | €12,502 | -€12,351 | -49.7% |
| Stocks and contracts in progress | 3 | €538 | - | -€538 | |
| Stocks | 30/36 | €538 | - | -€538 | |
| Amounts receivable within one year | 40/41 | €23,571 | €11,931 | -€11,640 | -49.4% |
| Trade receivables | 40 | €23,571 | €11,931 | -€11,640 | -49.4% |
| Cash at bank and in hand | 54/58 | €134 | - | -€134 | |
| Deferred charges and accrued income | 490/1 | €610 | €571 | -€39 | -6.4% |
| Total equity and liabilities | 10/49 | €32,640 | €17,080 | -€15,560 | -47.7% |
| Equity | 10/15 | -€65,495 | -€59,387 | +€6,108 | +9.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,495 | -€62,387 | +€6,108 | +8.9% |
| Amounts payable | 17/49 | €98,135 | €76,467 | -€21,668 | -22.1% |
| Amounts payable after more than one year | 17 | €76,750 | €65,750 | -€11,000 | -14.3% |
| Financial debts | 170/4 | €76,750 | €65,750 | -€11,000 | -14.3% |
| Amounts payable within one year | 42/48 | €21,385 | €10,717 | -€10,668 | -49.9% |
| Current portion of amounts payable after more than one year | 42 | €3,617 | - | -€3,617 | |
| Financial debts | 43 | €2,436 | €2,380 | -€56 | -2.3% |
| Credit institutions | 430/8 | €2,436 | €2,380 | -€56 | -2.3% |
| Trade debts | 44 | €9,341 | €1,635 | -€7,706 | -82.5% |
| Suppliers | 440/4 | €9,341 | €1,635 | -€7,706 | -82.5% |
| Taxes, remuneration and social security | 45 | €3,136 | €2,339 | -€797 | -25.4% |
| Taxes | 450/3 | €3,136 | €2,339 | -€797 | -25.4% |
| Other amounts payable | 47/48 | €2,856 | €4,363 | +€1,507 | +52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,803 | €4,458 | -€345 | -7.2% |
| Other operating charges | 640/8 | €280 | €0 | -€280 | -100.0% |
| Gross operating margin | 9900 | -€2,746 | €12,198 | +€14,944 | |
| Operating profit (loss) | 9901 | -€7,828 | €7,741 | +€15,569 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €919 | €1,641 | +€723 | +78.6% |
| Recurring financial charges | 65 | €919 | €1,641 | +€723 | +78.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,747 | €6,108 | +€14,855 | |
| Profit (loss) for the period | 9904 | -€8,747 | €6,108 | +€14,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,747 | €6,108 | +€14,855 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.