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Blenth: 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.

What changed

Blenth

BE 0790.895.537
NACE 78.100, Employment placement agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€9,533
2024 · €121,875-€131,408
Equity
€132,342
2024 · €141,875-€9,533
Cash
€126,751
2024 · €19,747+€107,004
Balance sheet total
€139,305
2024 · €184,205-€44,900

Largest movements

2024 to 2025
Assets
  • Current investments -€150,000

    no longer reported in 2025 (was €150,000)

  • Cash +€107,004

    up €107,004 (+541.9%), from €19,747 to €126,751

    mainly Current investments (+€150,000) and Trade debts (+€2,264)

Equity and liabilities
  • Tax, wage and social debts -€35,377

    no longer reported in 2025 (was €35,377)

  • Profit (loss) carried forward -€9,533

    new in 2025: -€9,533

  • Trade debts +€2,264

    up €2,264 (+48.2%), from €4,699 to €6,963

  • Other debts -€2,255

    no longer reported in 2025 (was €2,255)

Income statement
  • Gross operating margin -€167,131

    down €167,131, from €158,728 to -€8,403

  • Taxes -€35,377

    no longer reported in 2025 (was €35,377)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €121,875
Gross operating margin -€167,131
Depreciation -€343
Financial income -€197
Financial charges +€886
Taxes +€35,377
Result 2025 -€9,533

Cash bridge derived

cash 2024 to 2025

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.

From operations -€41,747
Investment +€148,751
Financing €0
Cash 2024 €19,747
Net result for the year -€9,533
Depreciation +€1,748
Receivables within one year +€1,405
Trade debts +€2,264
Tax, wage and social debts -€35,377
Other debts -€2,255
Investment in fixed assets (net) -€1,249
Current investments +€150,000
Cash 2025 €126,751
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €184,205 €139,305 -€44,900 -24.4%
Fixed assets 21/28 €4,185 €3,687 -€499 -11.9%
Tangible fixed assets 22/27 €4,185 €3,687 -€499 -11.9%
Plant, machinery and equipment 23 €4,185 €3,687 -€499 -11.9%
Current assets 29/58 €180,020 €135,618 -€44,401 -24.7%
Amounts receivable within one year 40/41 €10,273 €8,868 -€1,405 -13.7%
Other amounts receivable 41 €10,273 €8,868 -€1,405 -13.7%
Current investments 50/53 €150,000 - -€150,000
Cash at bank and in hand 54/58 €19,747 €126,751 +€107,004 +541.9%
Total equity and liabilities 10/49 €184,205 €139,305 -€44,900 -24.4%
Equity 10/15 €141,875 €132,342 -€9,533 -6.7%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €121,875 €121,875 = 0.0%
Distributable reserves 133 €121,875 €121,875 = 0.0%
Profit (loss) carried forward 14 - -€9,533 -€9,533
Amounts payable 17/49 €42,330 €6,963 -€35,367 -83.6%
Amounts payable within one year 42/48 €42,330 €6,963 -€35,367 -83.6%
Trade debts 44 €4,699 €6,963 +€2,264 +48.2%
Suppliers 440/4 €4,699 €6,963 +€2,264 +48.2%
Taxes, remuneration and social security 45 €35,377 - -€35,377
Taxes 450/3 €35,377 - -€35,377
Other amounts payable 47/48 €2,255 - -€2,255
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,405 €1,748 +€343 +24.4%
Gross operating margin 9900 €158,728 -€8,403 -€167,131
Operating profit (loss) 9901 €157,323 -€10,151 -€167,474
Financial income 75/76B €197 - -€197
Recurring financial income 75 €197 - -€197
Financial charges 65/66B €268 -€618 -€886
Recurring financial charges 65 €268 -€618 -€886
Profit (loss) for the period before taxes 9903 €157,252 -€9,533 -€166,784
Income taxes 67/77 €35,377 - -€35,377
Profit (loss) for the period 9904 €121,875 -€9,533 -€131,408
Profit (loss) for the period to be appropriated 9905 €121,875 -€9,533 -€131,408

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.