BLICK: 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.
BLICK
Largest movements
- Current investments +€17,863
up €17,863 (+150.2%), from €11,891 to €29,754
- Cash -€6,063
down €6,063 (-4.4%), from €136,849 to €130,786
mainly Contributions, distributions and other (-€80,624) and Current investments (-€17,863)
- Receivables within one year -€2,420
down €2,420 (-8.7%), from €27,862 to €25,442
of which Trade receivables: -€2,420
- Reserves -€71,557
down €71,557 (-44.8%), from €159,617 to €88,060
- Other debts +€66,991
up €66,991 (+1671.8%), from €4,007 to €70,998
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Trade debts +€2,168
up €2,168 (+1782.8%), from €122 to €2,290
- Gross operating margin +€35,632
up €35,632, from -€8,788 to €26,843
- Taxes +€3,466
up €3,466 (+3094.9%), from €112 to €3,578
- Financial income +€510
up €510 (+113.7%), from €449 to €959
- Depreciation -€473
down €473 (-23.0%), from €2,053 to €1,581
- Other operating charges -€325
down €325 (-33.6%), from €965 to €640
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 | €178,721 | €188,125 | +€9,404 | +5.3% |
| Fixed assets | 21/28 | €1,888 | €307 | -€1,581 | -83.7% |
| Tangible fixed assets | 22/27 | €1,888 | €307 | -€1,581 | -83.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,888 | €307 | -€1,581 | -83.7% |
| Current assets | 29/58 | €176,833 | €187,818 | +€10,985 | +6.2% |
| Amounts receivable within one year | 40/41 | €27,862 | €25,442 | -€2,420 | -8.7% |
| Trade receivables | 40 | €22,842 | €20,422 | -€2,420 | -10.6% |
| Other amounts receivable | 41 | €5,020 | €5,020 | = | 0.0% |
| Current investments | 50/53 | €11,891 | €29,754 | +€17,863 | +150.2% |
| Cash at bank and in hand | 54/58 | €136,849 | €130,786 | -€6,063 | -4.4% |
| Deferred charges and accrued income | 490/1 | €232 | €1,836 | +€1,605 | +692.1% |
| Total equity and liabilities | 10/49 | €178,721 | €188,125 | +€9,404 | +5.3% |
| Equity | 10/15 | €165,817 | €106,660 | -€59,157 | -35.7% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €159,617 | €88,060 | -€71,557 | -44.8% |
| Distributable reserves | 133 | €159,617 | €88,060 | -€71,557 | -44.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,904 | €81,466 | +€68,561 | +531.3% |
| Amounts payable within one year | 42/48 | €12,904 | €81,466 | +€68,561 | +531.3% |
| Trade debts | 44 | €122 | €2,290 | +€2,168 | +1782.8% |
| Suppliers | 440/4 | €122 | €2,290 | +€2,168 | +1782.8% |
| Taxes, remuneration and social security | 45 | €8,776 | €8,177 | -€598 | -6.8% |
| Taxes | 450/3 | €8,776 | €8,177 | -€598 | -6.8% |
| Other amounts payable | 47/48 | €4,007 | €70,998 | +€66,991 | +1671.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,053 | €1,581 | -€473 | -23.0% |
| Other operating charges | 640/8 | €965 | €640 | -€325 | -33.6% |
| Gross operating margin | 9900 | -€8,788 | €26,843 | +€35,632 | |
| Operating profit (loss) | 9901 | -€11,807 | €24,622 | +€36,429 | |
| Financial income | 75/76B | €449 | €959 | +€510 | +113.7% |
| Recurring financial income | 75 | €449 | €959 | +€510 | +113.7% |
| Financial charges | 65/66B | €237 | €536 | +€299 | +126.0% |
| Recurring financial charges | 65 | €237 | €536 | +€299 | +126.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,595 | €25,045 | +€36,640 | |
| Income taxes | 67/77 | €112 | €3,578 | +€3,466 | +3094.9% |
| Profit (loss) for the period | 9904 | -€11,707 | €21,467 | +€33,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,707 | €21,467 | +€33,174 |
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 10 October 2026 via checked.be.