Bligis: 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.
Bligis
Largest movements
- Cash -€63,439
down €63,439 (-74.5%), from €85,146 to €21,706
mainly Net result for the year (-€77,964) and Deferred charges and accrued income (-€689)
- Tangible fixed assets -€13,005
down €13,005 (-54.1%), from €24,039 to €11,034
- Reserves -€77,964
down €77,964 (-73.6%), from €105,976 to €28,012
- Gross operating margin -€15,889
down €15,889 (-32.8%), from -€48,374 to -€64,263
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 | €118,747 | €41,862 | -€76,885 | -64.7% |
| Fixed assets | 21/28 | €24,039 | €11,034 | -€13,005 | -54.1% |
| Tangible fixed assets | 22/27 | €24,039 | €11,034 | -€13,005 | -54.1% |
| Furniture and vehicles | 24 | €24,039 | €11,034 | -€13,005 | -54.1% |
| Current assets | 29/58 | €94,708 | €30,828 | -€63,880 | -67.4% |
| Amounts receivable within one year | 40/41 | €9,391 | €8,261 | -€1,130 | -12.0% |
| Trade receivables | 40 | €898 | - | -€898 | |
| Other amounts receivable | 41 | €8,493 | €8,261 | -€232 | -2.7% |
| Cash at bank and in hand | 54/58 | €85,146 | €21,706 | -€63,439 | -74.5% |
| Deferred charges and accrued income | 490/1 | €172 | €860 | +€689 | +401% |
| Total equity and liabilities | 10/49 | €118,747 | €41,862 | -€76,885 | -64.7% |
| Equity | 10/15 | €112,976 | €35,012 | -€77,964 | -69.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €105,976 | €28,012 | -€77,964 | -73.6% |
| Distributable reserves | 133 | €105,976 | €28,012 | -€77,964 | -73.6% |
| Amounts payable | 17/49 | €5,771 | €6,850 | +€1,079 | +18.7% |
| Amounts payable within one year | 42/48 | €5,771 | €6,850 | +€1,079 | +18.7% |
| Trade debts | 44 | €1,093 | €1,865 | +€772 | +70.6% |
| Suppliers | 440/4 | €1,093 | €1,865 | +€772 | +70.6% |
| Other amounts payable | 47/48 | €4,678 | €4,985 | +€307 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,881 | €13,005 | +€124 | +1.0% |
| Other operating charges | 640/8 | €599 | €487 | -€112 | -18.7% |
| Gross operating margin | 9900 | -€48,374 | -€64,263 | -€15,889 | -32.8% |
| Operating profit (loss) | 9901 | -€61,855 | -€77,755 | -€15,901 | -25.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €68 | €62 | -€5 | -7.8% |
| Recurring financial charges | 65 | €68 | €62 | -€5 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | -€61,921 | -€77,818 | -€15,896 | -25.7% |
| Income taxes | 67/77 | €158 | €147 | -€11 | -6.9% |
| Profit (loss) for the period | 9904 | -€62,079 | -€77,964 | -€15,885 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,079 | -€77,964 | -€15,885 | -25.6% |
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 21 October 2026 via checked.be.