BLENDT: 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.
BLENDT
Largest movements
- Tangible fixed assets -€50,288
down €50,288 (-7.1%), from €708,551 to €658,264
of which Land and buildings: -€29,627
- Other debts -€94,459
down €94,459 (-86.0%), from €109,842 to €15,383
- Debts after one year +€33,699
up €33,699 (+13.7%), from €246,719 to €280,418
- Current portion of long-term debt +€31,349
up €31,349 (+87.8%), from €35,712 to €67,061
- Reserves -€26,839
down €26,839 (-9.6%), from €279,095 to €252,256
of which Distributable reserves: -€26,839
- Depreciation +€10,161
up €10,161 (+22.9%), from €44,378 to €54,539
- Financial charges -€3,151
down €3,151 (-19.8%), from €15,918 to €12,767
- Gross operating margin +€2,642
up €2,642 (+3.0%), from €86,849 to €89,491
- Taxes -€1,087
down €1,087 (-14.1%), from €7,724 to €6,638
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €764,331 | €707,364 | -€56,967 | -7.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €708,551 | €658,264 | -€50,288 | -7.1% |
| Tangible fixed assets | 22/27 | €708,551 | €658,264 | -€50,288 | -7.1% |
| Land and buildings | 22 | €667,407 | €637,779 | -€29,627 | -4.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €41,145 | €20,484 | -€20,660 | -50.2% |
| Current assets | 29/58 | €55,779 | €49,100 | -€6,679 | -12.0% |
| Amounts receivable within one year | 40/41 | €34,457 | €34,082 | -€375 | -1.1% |
| Trade receivables | 40 | €27,000 | €27,510 | +€510 | +1.9% |
| Other amounts receivable | 41 | €7,457 | €6,572 | -€885 | -11.9% |
| Cash at bank and in hand | 54/58 | €16,653 | €10,525 | -€6,128 | -36.8% |
| Deferred charges and accrued income | 490/1 | €4,670 | €4,493 | -€177 | -3.8% |
| Total equity and liabilities | 10/49 | €764,331 | €707,364 | -€56,967 | -7.5% |
| Equity | 10/15 | €366,695 | €339,856 | -€26,839 | -7.3% |
| Contributions | 10/11 | €87,600 | €87,600 | = | 0.0% |
| Reserves | 13 | €279,095 | €252,256 | -€26,839 | -9.6% |
| Tax-exempt reserves | 132 | €40,780 | €40,780 | = | 0.0% |
| Distributable reserves | 133 | €238,315 | €211,476 | -€26,839 | -11.3% |
| Amounts payable | 17/49 | €397,636 | €367,507 | -€30,128 | -7.6% |
| Amounts payable after more than one year | 17 | €246,719 | €280,418 | +€33,699 | +13.7% |
| Financial debts | 170/4 | €246,719 | €280,418 | +€33,699 | +13.7% |
| Amounts payable within one year | 42/48 | €150,916 | €87,089 | -€63,827 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €35,712 | €67,061 | +€31,349 | +87.8% |
| Trade debts | 44 | €461 | €898 | +€437 | +94.8% |
| Suppliers | 440/4 | €461 | €898 | +€437 | +94.8% |
| Taxes, remuneration and social security | 45 | €4,902 | €3,748 | -€1,154 | -23.5% |
| Taxes | 450/3 | €4,902 | €1,995 | -€2,907 | -59.3% |
| Remuneration and social security | 454/9 | - | €1,753 | +€1,753 | |
| Other amounts payable | 47/48 | €109,842 | €15,383 | -€94,459 | -86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,378 | €54,539 | +€10,161 | +22.9% |
| Other operating charges | 640/8 | €2,271 | €2,487 | +€216 | +9.5% |
| Gross operating margin | 9900 | €86,849 | €89,491 | +€2,642 | +3.0% |
| Operating profit (loss) | 9901 | €40,201 | €32,466 | -€7,735 | -19.2% |
| Financial income | 75/76B | €72 | - | -€72 | |
| Recurring financial income | 75 | €72 | - | -€72 | |
| Financial charges | 65/66B | €15,918 | €12,767 | -€3,151 | -19.8% |
| Recurring financial charges | 65 | €15,918 | €12,767 | -€3,151 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €24,354 | €19,699 | -€4,655 | -19.1% |
| Income taxes | 67/77 | €7,724 | €6,638 | -€1,087 | -14.1% |
| Profit (loss) for the period | 9904 | €16,630 | €13,061 | -€3,569 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,630 | €13,061 | -€3,569 | -21.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.