BLENG: 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.
BLENG
Largest movements
- Cash +€21,513
up €21,513 (+102%), from €21,064 to €42,577
mainly Depreciation (+€18,445) and Net result for the year (+€16,569)
- Tangible fixed assets -€17,031
down €17,031 (-29.6%), from €57,510 to €40,479
of which Furniture and vehicles: -€16,016
- Receivables within one year +€12,654
up €12,654 (+52.8%), from €23,985 to €36,639
of which Trade receivables: +€13,940
- Profit (loss) carried forward +€16,569
up €16,569, from €0 to €16,569
- Other debts -€9,640
down €9,640 (-12.9%), from €74,670 to €65,030
- Trade debts +€9,395
up €9,395 (+201%), from €4,668 to €14,063
- Tax, wage and social debts +€1,390
up €1,390 (+10.9%), from €12,755 to €14,146
of which Remuneration and social security: +€744
- Gross operating margin +€10,328
up €10,328 (+11.8%), from €87,596 to €97,924
- Depreciation +€2,768
up €2,768 (+17.7%), from €15,676 to €18,445
- Staff costs +€2,563
up €2,563 (+5.2%), from €49,391 to €51,954
- Taxes +€1,823
up €1,823 (+30.1%), from €6,049 to €7,872
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 | €112,509 | €129,996 | +€17,488 | +15.5% |
| Fixed assets | 21/28 | €58,380 | €41,349 | -€17,031 | -29.2% |
| Tangible fixed assets | 22/27 | €57,510 | €40,479 | -€17,031 | -29.6% |
| Furniture and vehicles | 24 | €54,003 | €37,987 | -€16,016 | -29.7% |
| Other tangible fixed assets | 26 | €3,507 | €2,492 | -€1,015 | -28.9% |
| Financial fixed assets | 28 | €870 | €870 | = | 0.0% |
| Current assets | 29/58 | €54,128 | €88,647 | +€34,519 | +63.8% |
| Amounts receivable within one year | 40/41 | €23,985 | €36,639 | +€12,654 | +52.8% |
| Trade receivables | 40 | €10,210 | €24,150 | +€13,940 | +137% |
| Other amounts receivable | 41 | €13,775 | €12,489 | -€1,286 | -9.3% |
| Cash at bank and in hand | 54/58 | €21,064 | €42,577 | +€21,513 | +102% |
| Deferred charges and accrued income | 490/1 | €9,080 | €9,432 | +€352 | +3.9% |
| Total equity and liabilities | 10/49 | €112,509 | €129,996 | +€17,488 | +15.5% |
| Equity | 10/15 | €18,600 | €35,169 | +€16,569 | +89.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €16,569 | +€16,569 | |
| Amounts payable | 17/49 | €93,909 | €94,827 | +€918 | +1.0% |
| Amounts payable within one year | 42/48 | €92,508 | €93,510 | +€1,003 | +1.1% |
| Financial debts | 43 | €415 | €272 | -€143 | -34.5% |
| Credit institutions | 430/8 | €415 | €272 | -€143 | -34.5% |
| Trade debts | 44 | €4,668 | €14,063 | +€9,395 | +201% |
| Suppliers | 440/4 | €4,668 | €14,063 | +€9,395 | +201% |
| Taxes, remuneration and social security | 45 | €12,755 | €14,146 | +€1,390 | +10.9% |
| Taxes | 450/3 | €7,034 | €7,680 | +€646 | +9.2% |
| Remuneration and social security | 454/9 | €5,721 | €6,465 | +€744 | +13.0% |
| Other amounts payable | 47/48 | €74,670 | €65,030 | -€9,640 | -12.9% |
| Accrued charges and deferred income | 492/3 | €1,401 | €1,317 | -€84 | -6.0% |
| Remuneration, social security and pensions | 62 | €49,391 | €51,954 | +€2,563 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,676 | €18,445 | +€2,768 | +17.7% |
| Other operating charges | 640/8 | €1,185 | €1,509 | +€324 | +27.4% |
| Non-recurring operating charges | 66A | €189 | €3 | -€185 | -98.2% |
| Gross operating margin | 9900 | €87,596 | €97,924 | +€10,328 | +11.8% |
| Operating profit (loss) | 9901 | €21,155 | €26,013 | +€4,858 | +23.0% |
| Financial charges | 65/66B | €1,575 | €1,571 | -€5 | -0.3% |
| Recurring financial charges | 65 | €1,575 | €1,571 | -€5 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €19,579 | €24,442 | +€4,862 | +24.8% |
| Income taxes | 67/77 | €6,049 | €7,872 | +€1,823 | +30.1% |
| Profit (loss) for the period | 9904 | €13,530 | €16,569 | +€3,039 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,530 | €16,569 | +€3,039 | +22.5% |
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 13 October 2026 via checked.be.