BLICC: 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.
BLICC
Largest movements
- Current investments -€150,000
down €150,000 (-75.0%), from €200,000 to €50,000
- Cash +€13,904
up €13,904 (+20.1%), from €69,322 to €83,226
mainly Current investments (+€150,000) and Net result for the year (+€80,226)
- Tangible fixed assets +€13,507
up €13,507 (+91.0%), from €14,850 to €28,356
of which Land and buildings: +€13,971
- Receivables within one year -€4,143
down €4,143 (-17.5%), from €23,655 to €19,512
of which Other amounts receivable: -€3,747
- Reserves -€179,774
down €179,774 (-48.1%), from €373,532 to €193,759
of which Distributable reserves: -€179,774
- Other debts +€57,058
up €57,058 (+550%), from €10,376 to €67,434
- Gross operating margin +€14,859
up €14,859 (+17.2%), from €86,530 to €101,389
- Financial income +€4,447
up €4,447 (+126%), from €3,522 to €7,969
- Financial charges +€1,779
up €1,779 (+356%), from €500 to €2,279
- Taxes +€1,732
up €1,732 (+9.6%), from €18,037 to €19,769
- Depreciation +€1,345
up €1,345 (+29.1%), from €4,626 to €5,971
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 | €414,212 | €292,531 | -€121,681 | -29.4% |
| Fixed assets | 21/28 | €14,850 | €28,356 | +€13,507 | +91.0% |
| Tangible fixed assets | 22/27 | €14,850 | €28,356 | +€13,507 | +91.0% |
| Land and buildings | 22 | €13,088 | €27,059 | +€13,971 | +107% |
| Plant, machinery and equipment | 23 | €1,761 | €1,297 | -€464 | -26.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €399,362 | €264,174 | -€135,188 | -33.9% |
| Amounts receivable after more than one year | 29 | €100,008 | €102,708 | +€2,700 | +2.7% |
| Other amounts receivable | 291 | €100,008 | €102,708 | +€2,700 | +2.7% |
| Amounts receivable within one year | 40/41 | €23,655 | €19,512 | -€4,143 | -17.5% |
| Trade receivables | 40 | €18,546 | €18,150 | -€396 | -2.1% |
| Other amounts receivable | 41 | €5,109 | €1,362 | -€3,747 | -73.3% |
| Current investments | 50/53 | €200,000 | €50,000 | -€150,000 | -75.0% |
| Cash at bank and in hand | 54/58 | €69,322 | €83,226 | +€13,904 | +20.1% |
| Deferred charges and accrued income | 490/1 | €6,376 | €8,728 | +€2,352 | +36.9% |
| Total equity and liabilities | 10/49 | €414,212 | €292,531 | -€121,681 | -29.4% |
| Equity | 10/15 | €393,532 | €213,759 | -€179,774 | -45.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €373,532 | €193,759 | -€179,774 | -48.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €371,532 | €191,759 | -€179,774 | -48.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,679 | €78,772 | +€58,093 | +281% |
| Amounts payable within one year | 42/48 | €20,679 | €78,772 | +€58,093 | +281% |
| Trade debts | 44 | €1,174 | €1,238 | +€64 | +5.4% |
| Suppliers | 440/4 | €1,174 | €1,238 | +€64 | +5.4% |
| Taxes, remuneration and social security | 45 | €9,129 | €10,100 | +€971 | +10.6% |
| Taxes | 450/3 | €7,429 | €8,400 | +€971 | +13.1% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | €10,376 | €67,434 | +€57,058 | +550% |
| Non-recurring operating income | 76A | €7,438 | €0 | -€7,438 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,626 | €5,971 | +€1,345 | +29.1% |
| Other operating charges | 640/8 | €739 | €1,113 | +€375 | +50.7% |
| Gross operating margin | 9900 | €86,530 | €101,389 | +€14,859 | +17.2% |
| Operating profit (loss) | 9901 | €81,165 | €94,305 | +€13,139 | +16.2% |
| Financial income | 75/76B | €3,522 | €7,969 | +€4,447 | +126% |
| Recurring financial income | 75 | €3,522 | €7,969 | +€4,447 | +126% |
| Financial charges | 65/66B | €500 | €2,279 | +€1,779 | +356% |
| Recurring financial charges | 65 | €500 | €2,279 | +€1,779 | +356% |
| Profit (loss) for the period before taxes | 9903 | €84,187 | €99,995 | +€15,808 | +18.8% |
| Income taxes | 67/77 | €18,037 | €19,769 | +€1,732 | +9.6% |
| Profit (loss) for the period | 9904 | €66,150 | €80,226 | +€14,076 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,150 | €80,226 | +€14,076 | +21.3% |
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 19 October 2026 via checked.be.