BLENT: what changed
BLENT
Largest movements
- Tangible fixed assets -€414,317
down €414,317 (-89.8%), from €461,395 to €47,077
of which Land and buildings: -€394,762
- Receivables within one year +€294,313
up €294,313 (+315%), from €93,575 to €387,888
of which Other amounts receivable: +€179,987
- Cash -€28,810
down €28,810 (-36.3%), from €79,340 to €50,530
mainly Receivables within one year (-€294,313) and Debts after one year (-€207,172)
- Intangible fixed assets -€9,977
down €9,977 (-33.3%), from €29,931 to €19,954
- Debts after one year -€207,172
no longer reported in 2025 (was €207,172)
- Reserves +€26,356
up €26,356 (+7.6%), from €347,104 to €373,460
- Trade debts +€16,061
up €16,061 (+69.5%), from €23,113 to €39,174
- Tax, wage and social debts +€14,711
up €14,711 (+41.5%), from €35,411 to €50,122
of which Taxes: +€26,976
- Current portion of long-term debt -€9,827
no longer reported in 2025 (was €9,827)
- Other operating charges +€33,975
up €33,975 (+1,302%), from €2,610 to €36,585
- Gross operating margin +€13,508
up €13,508 (+5.0%), from €271,754 to €285,262
- Depreciation -€12,531
down €12,531 (-30.0%), from €41,822 to €29,291
- Staff costs +€4,751
up €4,751 (+2.7%), from €173,675 to €178,426
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €668,404 | €508,920 | -€159,484 | -23.9% |
| Fixed assets | 21/28 | €491,325 | €67,031 | -€424,294 | -86.4% |
| Intangible fixed assets | 21 | €29,931 | €19,954 | -€9,977 | -33.3% |
| Tangible fixed assets | 22/27 | €461,395 | €47,077 | -€414,317 | -89.8% |
| Land and buildings | 22 | €394,762 | - | -€394,762 | |
| Plant, machinery and equipment | 23 | €11,001 | €7,482 | -€3,519 | -32.0% |
| Furniture and vehicles | 24 | €45,874 | €31,742 | -€14,132 | -30.8% |
| Other tangible fixed assets | 26 | €9,758 | €7,853 | -€1,905 | -19.5% |
| Current assets | 29/58 | €177,079 | €441,889 | +€264,811 | +150% |
| Amounts receivable within one year | 40/41 | €93,575 | €387,888 | +€294,313 | +315% |
| Trade receivables | 40 | €76,767 | €191,093 | +€114,326 | +149% |
| Other amounts receivable | 41 | €16,808 | €196,795 | +€179,987 | +1,071% |
| Cash at bank and in hand | 54/58 | €79,340 | €50,530 | -€28,810 | -36.3% |
| Deferred charges and accrued income | 490/1 | €4,164 | €3,472 | -€693 | -16.6% |
| Total equity and liabilities | 10/49 | €668,404 | €508,920 | -€159,484 | -23.9% |
| Equity | 10/15 | €365,704 | €392,060 | +€26,356 | +7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €347,104 | €373,460 | +€26,356 | +7.6% |
| Distributable reserves | 133 | €347,104 | €373,460 | +€26,356 | +7.6% |
| Amounts payable | 17/49 | €302,699 | €116,860 | -€185,839 | -61.4% |
| Amounts payable after more than one year | 17 | €207,172 | - | -€207,172 | |
| Financial debts | 170/4 | €207,172 | - | -€207,172 | |
| Amounts payable within one year | 42/48 | €95,527 | €116,860 | +€21,333 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €9,827 | - | -€9,827 | |
| Trade debts | 44 | €23,113 | €39,174 | +€16,061 | +69.5% |
| Suppliers | 440/4 | €23,113 | €39,174 | +€16,061 | +69.5% |
| Taxes, remuneration and social security | 45 | €35,411 | €50,122 | +€14,711 | +41.5% |
| Taxes | 450/3 | €3,500 | €30,476 | +€26,976 | +771% |
| Remuneration and social security | 454/9 | €31,911 | €19,646 | -€12,265 | -38.4% |
| Other amounts payable | 47/48 | €27,175 | €27,564 | +€389 | +1.4% |
| Non-recurring operating income | 76A | €69 | - | -€69 | |
| Remuneration, social security and pensions | 62 | €173,675 | €178,426 | +€4,751 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,822 | €29,291 | -€12,531 | -30.0% |
| Other operating charges | 640/8 | €2,610 | €36,585 | +€33,975 | +1,302% |
| Gross operating margin | 9900 | €271,754 | €285,262 | +€13,508 | +5.0% |
| Operating profit (loss) | 9901 | €53,648 | €40,960 | -€12,688 | -23.6% |
| Financial income | 75/76B | €30 | €29 | -€1 | -4.2% |
| Recurring financial income | 75 | €30 | €29 | -€1 | -4.2% |
| Financial charges | 65/66B | €4,718 | €2,947 | -€1,771 | -37.5% |
| Recurring financial charges | 65 | €4,718 | €2,947 | -€1,771 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €48,960 | €38,042 | -€10,918 | -22.3% |
| Income taxes | 67/77 | €12,391 | €11,686 | -€705 | -5.7% |
| Profit (loss) for the period | 9904 | €36,569 | €26,356 | -€10,213 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,569 | €26,356 | -€10,213 | -27.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.