BlendUp: 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.
BlendUp
Largest movements
- Cash +€125,118
up €125,118 (+2385.0%), from €5,246 to €130,364
mainly Net result for the year (+€82,036) and Tax, wage and social debts (+€40,391)
- Tangible fixed assets +€5,669
up €5,669 (+154.1%), from €3,680 to €9,349
of which Furniture and vehicles: +€4,936
- Intangible fixed assets -€2,900
down €2,900 (-61.0%), from €4,753 to €1,853
- Receivables within one year +€2,355
up €2,355 (+7.9%), from €29,836 to €32,191
- Deferred charges and accrued income -€2,136
down €2,136 (-44.2%), from €4,834 to €2,698
- Reserves +€78,036
up €78,036 (+1046.9%), from €7,454 to €85,491
- Tax, wage and social debts +€40,391
up €40,391 (+641.5%), from €6,297 to €46,687
- Accrued charges and deferred income +€8,388
up €8,388 (+479.3%), from €1,750 to €10,138
- Other debts +€3,764
up €3,764 (+15.4%), from €24,508 to €28,272
- Turnover -€230,595
no longer reported in 2025 (was €230,595)
- Purchases and services -€218,388
no longer reported in 2025 (was €218,388)
- Gross operating margin +€98,885
up €98,885 (+472.8%), from €20,914 to €119,799
- Taxes +€27,703
up €27,703 (+962.6%), from €2,878 to €30,581
- Depreciation -€2,449
down €2,449 (-32.8%), from €7,457 to €5,008
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 | €52,671 | €182,306 | +€129,635 | +246.1% |
| Fixed assets | 21/28 | €8,932 | €11,701 | +€2,769 | +31.0% |
| Intangible fixed assets | 21 | €4,753 | €1,853 | -€2,900 | -61.0% |
| Tangible fixed assets | 22/27 | €3,680 | €9,349 | +€5,669 | +154.1% |
| Plant, machinery and equipment | 23 | €1,700 | €2,433 | +€733 | +43.1% |
| Furniture and vehicles | 24 | €1,980 | €6,915 | +€4,936 | +249.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €43,739 | €170,605 | +€126,866 | +290.1% |
| Stocks and contracts in progress | 3 | €3,822 | €5,351 | +€1,529 | +40.0% |
| Stocks | 30/36 | €3,822 | €5,351 | +€1,529 | +40.0% |
| Amounts receivable within one year | 40/41 | €29,836 | €32,191 | +€2,355 | +7.9% |
| Trade receivables | 40 | €29,836 | €32,191 | +€2,355 | +7.9% |
| Cash at bank and in hand | 54/58 | €5,246 | €130,364 | +€125,118 | +2385.0% |
| Deferred charges and accrued income | 490/1 | €4,834 | €2,698 | -€2,136 | -44.2% |
| Total equity and liabilities | 10/49 | €52,671 | €182,306 | +€129,635 | +246.1% |
| Equity | 10/15 | €12,454 | €90,491 | +€78,036 | +626.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,454 | €85,491 | +€78,036 | +1046.9% |
| Distributable reserves | 133 | €7,454 | €85,491 | +€78,036 | +1046.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €40,217 | €91,815 | +€51,599 | +128.3% |
| Amounts payable within one year | 42/48 | €38,467 | €81,677 | +€43,210 | +112.3% |
| Trade debts | 44 | €7,662 | €6,717 | -€945 | -12.3% |
| Suppliers | 440/4 | €7,662 | €6,717 | -€945 | -12.3% |
| Taxes, remuneration and social security | 45 | €6,297 | €46,687 | +€40,391 | +641.5% |
| Taxes | 450/3 | €6,297 | €46,687 | +€40,391 | +641.5% |
| Other amounts payable | 47/48 | €24,508 | €28,272 | +€3,764 | +15.4% |
| Accrued charges and deferred income | 492/3 | €1,750 | €10,138 | +€8,388 | +479.3% |
| Turnover | 70 | €230,595 | - | -€230,595 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €218,388 | - | -€218,388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,457 | €5,008 | -€2,449 | -32.8% |
| Other operating charges | 640/8 | €2,961 | €1,869 | -€1,092 | -36.9% |
| Gross operating margin | 9900 | €20,914 | €119,799 | +€98,885 | +472.8% |
| Operating profit (loss) | 9901 | €10,496 | €112,921 | +€102,425 | +975.9% |
| Financial income | 75/76B | €144 | €20 | -€124 | -86.1% |
| Recurring financial income | 75 | €144 | €20 | -€124 | -86.1% |
| Financial charges | 65/66B | €308 | €324 | +€17 | +5.4% |
| Recurring financial charges | 65 | €308 | €324 | +€17 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €10,332 | €112,617 | +€102,285 | +990.0% |
| Income taxes | 67/77 | €2,878 | €30,581 | +€27,703 | +962.6% |
| Profit (loss) for the period | 9904 | €7,454 | €82,036 | +€74,582 | +1000.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,454 | €82,036 | +€74,582 | +1000.5% |
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.