BLF CONSTRUCT: 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.
BLF CONSTRUCT
Largest movements
- Receivables within one year -€18,665
down €18,665 (-46.0%), from €40,554 to €21,889
of which Trade receivables: -€18,665
- Deferred charges and accrued income +€12,553
up €12,553 (+321.2%), from €3,908 to €16,461
- Cash +€723
up €723 (+137.1%), from €527 to €1,250
mainly Receivables within one year (+€18,665) and Net result for the year (+€1,756)
- Trade debts -€3,821
down €3,821 (-29.4%), from €13,015 to €9,194
- Tax, wage and social debts -€3,383
down €3,383 (-77.6%), from €4,359 to €977
- Other debts +€1,003
up €1,003 (+7.6%), from €13,154 to €14,157
- Profit (loss) carried forward +€923
up €923 (+6.3%), from €14,773 to €15,697
- Gross operating margin +€3,196
up €3,196 (+56.3%), from €5,673 to €8,869
- Financial charges +€2,137
up €2,137 (+161.9%), from €1,320 to €3,456
- Taxes +€349
up €349 (+48.4%), from €722 to €1,072
- Other operating charges -€229
down €229 (-16.9%), from €1,355 to €1,126
- Depreciation +€113
up €113 (+7.9%), from €1,426 to €1,539
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 | €49,151 | €44,003 | -€5,148 | -10.5% |
| Fixed assets | 21/28 | €3,051 | €3,153 | +€102 | +3.3% |
| Tangible fixed assets | 22/27 | €3,051 | €3,153 | +€102 | +3.3% |
| Plant, machinery and equipment | 23 | €0 | €1,434 | +€1,434 | |
| Furniture and vehicles | 24 | €1,538 | €523 | -€1,015 | -66.0% |
| Other tangible fixed assets | 26 | €1,514 | €1,197 | -€317 | -20.9% |
| Current assets | 29/58 | €46,100 | €40,850 | -€5,250 | -11.4% |
| Stocks and contracts in progress | 3 | €1,110 | €1,250 | +€140 | +12.6% |
| Stocks | 30/36 | €1,110 | €1,250 | +€140 | +12.6% |
| Amounts receivable within one year | 40/41 | €40,554 | €21,889 | -€18,665 | -46.0% |
| Trade receivables | 40 | €40,554 | €21,889 | -€18,665 | -46.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €527 | €1,250 | +€723 | +137.1% |
| Deferred charges and accrued income | 490/1 | €3,908 | €16,461 | +€12,553 | +321.2% |
| Total equity and liabilities | 10/49 | €49,151 | €44,003 | -€5,148 | -10.5% |
| Equity | 10/15 | €17,773 | €18,697 | +€923 | +5.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,773 | €15,697 | +€923 | +6.3% |
| Amounts payable | 17/49 | €31,378 | €25,306 | -€6,072 | -19.3% |
| Amounts payable within one year | 42/48 | €30,529 | €24,328 | -€6,201 | -20.3% |
| Trade debts | 44 | €13,015 | €9,194 | -€3,821 | -29.4% |
| Suppliers | 440/4 | €13,015 | €9,194 | -€3,821 | -29.4% |
| Taxes, remuneration and social security | 45 | €4,359 | €977 | -€3,383 | -77.6% |
| Taxes | 450/3 | €4,359 | €977 | -€3,383 | -77.6% |
| Other amounts payable | 47/48 | €13,154 | €14,157 | +€1,003 | +7.6% |
| Accrued charges and deferred income | 492/3 | €849 | €978 | +€129 | +15.2% |
| Non-recurring operating income | 76A | - | €22,022 | +€22,022 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,426 | €1,539 | +€113 | +7.9% |
| Other operating charges | 640/8 | €1,355 | €1,126 | -€229 | -16.9% |
| Gross operating margin | 9900 | €5,673 | €8,869 | +€3,196 | +56.3% |
| Operating profit (loss) | 9901 | €2,892 | €6,203 | +€3,311 | +114.5% |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €1,320 | €3,456 | +€2,137 | +161.9% |
| Recurring financial charges | 65 | €1,320 | €3,456 | +€2,137 | +161.9% |
| Profit (loss) for the period before taxes | 9903 | €1,572 | €2,828 | +€1,257 | +80.0% |
| Income taxes | 67/77 | €722 | €1,072 | +€349 | +48.4% |
| Profit (loss) for the period | 9904 | €849 | €1,756 | +€907 | +106.8% |
| Profit (loss) for the period to be appropriated | 9905 | €849 | €1,756 | +€907 | +106.8% |
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 29 September 2026 via checked.be.