BLIJWEERT HOLDING: 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.
What changed
BLIJWEERT HOLDING
NACE 43.230, Insulation installation
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€9,134
2023 · €256,446-€265,580
Equity
€12.5m
2023 · €12.5m-€9,134
Cash
€28,698
2023 · €32,195-€3,497
Balance sheet total
€23.6m
2023 · €21.6m+€2.0m
Largest movements
Assets
- Financial fixed assets +€2.0m
up €2.0m (+9.2%), from €21.4m to €23.4m
Equity and liabilities
- Debts after one year +€2.3m
up €2.3m (+31.8%), from €7.4m to €9.7m
- Current portion of long-term debt -€300,000
down €300,000 (-100%), from €300,000 to €0
Income statement
- Financial income -€204,724
down €204,724 (-32.9%), from €621,681 to €416,957
- Financial charges +€98,252
up €98,252 (+27.5%), from €357,126 to €455,378
- Gross operating margin +€27,456
up €27,456 (+122%), from €22,483 to €49,940
- Other operating charges -€10,225
down €10,225 (-33.5%), from €30,515 to €20,290
From the 2023 result to the 2024 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.
Result 2023
€256,446
Gross operating margin
+€27,456
Depreciation
+€77
Other operating charges
+€10,225
Other operating items
-€363
Financial income
-€204,724
Financial charges
-€98,252
Result 2024
-€9,134
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€85,782
Investment
-€2.0m
Financing
+€2.0m
Cash 2023
€32,195
From operations (derived)
-€85,782
Net result for the year
-€9,134
Receivables after one year
+€7,916
Receivables within one year
-€6,978
Deferred charges and accrued income
-€28,611
Trade debts
+€1,137
Other debts
+€115,350
Accrued charges and deferred income
-€165,461
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€2.0m
Financing
+€2.0m
Debts after one year
+€2.3m
Current portion of long-term debt
-€300,000
Short-term financial debts
-€1,082
Cash 2024
€28,698
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,625,926 | €23,609,354 | +€2.0m | +9.2% |
| Fixed assets | 21/28 | €21,391,037 | €23,350,289 | +€2.0m | +9.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Financial fixed assets | 28 | €21,391,037 | €23,350,289 | +€2.0m | +9.2% |
| Current assets | 29/58 | €234,888 | €259,065 | +€24,177 | +10.3% |
| Amounts receivable after more than one year | 29 | €42,572 | €34,656 | -€7,916 | -18.6% |
| Other amounts receivable | 291 | €42,572 | €34,656 | -€7,916 | -18.6% |
| Amounts receivable within one year | 40/41 | €145,293 | €152,271 | +€6,978 | +4.8% |
| Trade receivables | 40 | €96,559 | €117,077 | +€20,518 | +21.2% |
| Other amounts receivable | 41 | €48,733 | €35,193 | -€13,540 | -27.8% |
| Cash at bank and in hand | 54/58 | €32,195 | €28,698 | -€3,497 | -10.9% |
| Deferred charges and accrued income | 490/1 | €14,828 | €43,440 | +€28,611 | +193% |
| Total equity and liabilities | 10/49 | €21,625,926 | €23,609,354 | +€2.0m | +9.2% |
| Equity | 10/15 | €12,543,697 | €12,534,562 | -€9,134 | -0.1% |
| Contributions | 10/11 | €12,000,000 | €12,000,000 | = | 0.0% |
| Capital | 10 | €12,000,000 | €12,000,000 | = | 0.0% |
| Issued capital | 100 | €12,000,000 | €12,000,000 | = | 0.0% |
| Reserves | 13 | €1,200,000 | €1,200,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,200,000 | €1,200,000 | = | 0.0% |
| Legal reserve | 130 | €1,200,000 | €1,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€656,303 | -€665,438 | -€9,134 | -1.4% |
| Amounts payable | 17/49 | €9,082,229 | €11,074,791 | +€2.0m | +21.9% |
| Amounts payable after more than one year | 17 | €7,357,382 | €9,700,000 | +€2.3m | +31.8% |
| Financial debts | 170/4 | €7,357,382 | €9,700,000 | +€2.3m | +31.8% |
| Amounts payable within one year | 42/48 | €1,538,179 | €1,353,585 | -€184,594 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €0 | -€300,000 | -100% |
| Financial debts | 43 | €1,001,992 | €1,000,910 | -€1,082 | -0.1% |
| Credit institutions | 430/8 | €1,001,992 | €1,000,910 | -€1,082 | -0.1% |
| Trade debts | 44 | €63,240 | €64,376 | +€1,137 | +1.8% |
| Suppliers | 440/4 | €63,240 | €64,376 | +€1,137 | +1.8% |
| Other amounts payable | 47/48 | €172,948 | €288,298 | +€115,350 | +66.7% |
| Accrued charges and deferred income | 492/3 | €186,667 | €21,206 | -€165,461 | -88.6% |
| Non-recurring operating income | 76A | €363 | €0 | -€363 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €0 | -€77 | -100% |
| Other operating charges | 640/8 | €30,515 | €20,290 | -€10,225 | -33.5% |
| Non-recurring operating charges | 66A | - | €363 | +€363 | |
| Gross operating margin | 9900 | €22,483 | €49,940 | +€27,456 | +122% |
| Operating profit (loss) | 9901 | -€8,109 | €29,287 | +€37,395 | |
| Financial income | 75/76B | €621,681 | €416,957 | -€204,724 | -32.9% |
| Recurring financial income | 75 | €621,681 | €416,957 | -€204,724 | -32.9% |
| Financial charges | 65/66B | €357,126 | €455,378 | +€98,252 | +27.5% |
| Recurring financial charges | 65 | €357,126 | €455,378 | +€98,252 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €256,446 | -€9,134 | -€265,580 | |
| Profit (loss) for the period | 9904 | €256,446 | -€9,134 | -€265,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €256,446 | -€9,134 | -€265,580 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.