BLF Utilitaires: 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.
BLF Utilitaires
Largest movements
- Tangible fixed assets +€48,379
up €48,379 (+463%), from €10,449 to €58,828
of which Furniture and vehicles: +€48,713
- Cash +€17,510
up €17,510 (+1,471%), from €1,191 to €18,700
mainly Debts after one year (+€48,638) and Other debts (+€15,872)
- Receivables within one year -€1,760
down €1,760 (-56.1%), from €3,137 to €1,377
of which Trade receivables: -€1,769
- Debts after one year +€48,638
up €48,638 (+251%), from €19,409 to €68,047
- Other debts +€15,872
up €15,872 (+3,088%), from €514 to €16,386
- Current portion of long-term debt +€7,466
up €7,466 (+270%), from €2,760 to €10,226
- Profit (loss) carried forward -€5,976
down €5,976 (-16.7%), from -€35,788 to -€41,764
- Short-term financial debts -€2,239
no longer reported in 2025 (was €2,239)
- Gross operating margin +€10,609
up €10,609, from -€7,508 to €3,101
- Depreciation -€4,630
down €4,630 (-72.2%), from €6,415 to €1,785
- Financial charges +€765
up €765 (+54.4%), from €1,407 to €2,172
- Other operating charges -€740
down €740 (-12.5%), from €5,901 to €5,161
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 | €15,973 | €80,271 | +€64,298 | +403% |
| Formation expenses | 20 | €696 | €499 | -€197 | -28.3% |
| Fixed assets | 21/28 | €10,449 | €58,828 | +€48,379 | +463% |
| Tangible fixed assets | 22/27 | €10,449 | €58,828 | +€48,379 | +463% |
| Plant, machinery and equipment | 23 | €1,363 | €1,030 | -€333 | -24.5% |
| Furniture and vehicles | 24 | €9,086 | €57,799 | +€48,713 | +536% |
| Current assets | 29/58 | €4,828 | €20,943 | +€16,115 | +334% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,137 | €1,377 | -€1,760 | -56.1% |
| Trade receivables | 40 | €3,137 | €1,368 | -€1,769 | -56.4% |
| Other amounts receivable | 41 | €0 | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €1,191 | €18,700 | +€17,510 | +1,471% |
| Deferred charges and accrued income | 490/1 | - | €366 | +€366 | |
| Total equity and liabilities | 10/49 | €15,973 | €80,271 | +€64,298 | +403% |
| Equity | 10/15 | -€30,788 | -€36,764 | -€5,976 | -19.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,788 | -€41,764 | -€5,976 | -16.7% |
| Amounts payable | 17/49 | €46,760 | €117,035 | +€70,274 | +150% |
| Amounts payable after more than one year | 17 | €19,409 | €68,047 | +€48,638 | +251% |
| Financial debts | 170/4 | €19,409 | €68,047 | +€48,638 | +251% |
| Amounts payable within one year | 42/48 | €27,351 | €48,988 | +€21,637 | +79.1% |
| Current portion of amounts payable after more than one year | 42 | €2,760 | €10,226 | +€7,466 | +270% |
| Financial debts | 43 | €2,239 | - | -€2,239 | |
| Credit institutions | 430/8 | €2,239 | - | -€2,239 | |
| Trade debts | 44 | €21,651 | €21,976 | +€324 | +1.5% |
| Suppliers | 440/4 | €21,651 | €21,976 | +€324 | +1.5% |
| Taxes, remuneration and social security | 45 | €187 | €400 | +€213 | +114% |
| Taxes | 450/3 | €187 | €400 | +€213 | +114% |
| Other amounts payable | 47/48 | €514 | €16,386 | +€15,872 | +3,088% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,415 | €1,785 | -€4,630 | -72.2% |
| Other operating charges | 640/8 | €5,901 | €5,161 | -€740 | -12.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€7,508 | €3,101 | +€10,609 | |
| Operating profit (loss) | 9901 | -€19,823 | -€3,844 | +€15,979 | +80.6% |
| Financial income | 75/76B | €0 | €40 | +€40 | +67,200% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +67,200% |
| Financial charges | 65/66B | €1,407 | €2,172 | +€765 | +54.4% |
| Recurring financial charges | 65 | €1,407 | €2,172 | +€765 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,230 | -€5,976 | +€15,254 | +71.9% |
| Profit (loss) for the period | 9904 | -€21,230 | -€5,976 | +€15,254 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,230 | -€5,976 | +€15,254 | +71.9% |
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 23 October 2026 via checked.be.