BLICVELT: 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.
BLICVELT
Largest movements
- Stocks and contracts -€239,072
down €239,072 (-34.2%), from €698,495 to €459,422
- Current investments +€150,000
new in 2025: €150,000
- Cash +€130,994
up €130,994 (+58.3%), from €224,625 to €355,619
mainly Stocks and contracts (+€239,072) and Net result for the year (+€20,475)
- Receivables within one year -€14,455
down €14,455 (-51.1%), from €28,279 to €13,824
- Profit (loss) carried forward +€20,475
up €20,475 (+40.7%), from €50,308 to €70,783
- Gross operating margin +€9,342
up €9,342 (+45.0%), from €20,758 to €30,099
- Taxes +€3,857
up €3,857 (+100.5%), from €3,838 to €7,695
- Other operating charges -€669
down €669 (-40.1%), from €1,668 to €998
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 | €951,716 | €979,721 | +€28,006 | +2.9% |
| Current assets | 29/58 | €951,716 | €979,721 | +€28,006 | +2.9% |
| Stocks and contracts in progress | 3 | €698,495 | €459,422 | -€239,072 | -34.2% |
| Stocks | 30/36 | €698,495 | €459,422 | -€239,072 | -34.2% |
| Amounts receivable within one year | 40/41 | €28,279 | €13,824 | -€14,455 | -51.1% |
| Other amounts receivable | 41 | €28,279 | €13,824 | -€14,455 | -51.1% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €224,625 | €355,619 | +€130,994 | +58.3% |
| Deferred charges and accrued income | 490/1 | €316 | €856 | +€540 | +170.9% |
| Total equity and liabilities | 10/49 | €951,716 | €979,721 | +€28,006 | +2.9% |
| Equity | 10/15 | €950,308 | €970,783 | +€20,475 | +2.2% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,308 | €70,783 | +€20,475 | +40.7% |
| Amounts payable | 17/49 | €1,408 | €8,939 | +€7,531 | +534.8% |
| Amounts payable within one year | 42/48 | €1,408 | €8,939 | +€7,531 | +534.8% |
| Trade debts | 44 | €1,408 | €1,244 | -€164 | -11.7% |
| Suppliers | 440/4 | €1,408 | €1,244 | -€164 | -11.7% |
| Taxes, remuneration and social security | 45 | €0 | €7,695 | +€7,695 | |
| Taxes | 450/3 | €0 | €7,695 | +€7,695 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €1,668 | €998 | -€669 | -40.1% |
| Gross operating margin | 9900 | €20,758 | €30,099 | +€9,342 | +45.0% |
| Operating profit (loss) | 9901 | €19,090 | €29,101 | +€10,011 | +52.4% |
| Financial charges | 65/66B | €896 | €931 | +€35 | +3.9% |
| Recurring financial charges | 65 | €896 | €931 | +€35 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €18,194 | €28,170 | +€9,976 | +54.8% |
| Income taxes | 67/77 | €3,838 | €7,695 | +€3,857 | +100.5% |
| Profit (loss) for the period | 9904 | €14,356 | €20,475 | +€6,119 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,356 | €20,475 | +€6,119 | +42.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.