BLINC: 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.
BLINC
Largest movements
- Receivables after one year +€250,000
new in 2025: €250,000
- Receivables within one year -€27,573
down €27,573 (-59.9%), from €46,037 to €18,464
of which Trade receivables: -€25,525
- Cash +€8,743
up €8,743 (+171%), from €5,108 to €13,851
mainly Debts after one year (+€218,811) and Receivables within one year (+€27,573)
- Debts after one year +€218,811
up €218,811 (+2,485%), from €8,805 to €227,616
of which Other amounts payable: +€225,000
- Reserves +€17,499
up €17,499 (+35.7%), from €49,065 to €66,564
- Tax, wage and social debts -€3,806
down €3,806 (-28.7%), from €13,281 to €9,475
- Trade debts +€3,503
up €3,503 (+203%), from €1,724 to €5,227
- Gross operating margin -€12,118
down €12,118 (-28.3%), from €42,777 to €30,659
- Depreciation +€848
up €848 (+186%), from €456 to €1,305
- Taxes +€585
up €585 (+8.6%), from €6,789 to €7,374
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 | €91,157 | €324,592 | +€233,434 | +256% |
| Fixed assets | 21/28 | €34,884 | €37,123 | +€2,239 | +6.4% |
| Tangible fixed assets | 22/27 | €2,134 | €4,373 | +€2,239 | +105% |
| Plant, machinery and equipment | 23 | - | €1,047 | +€1,047 | |
| Furniture and vehicles | 24 | €848 | €2,352 | +€1,503 | +177% |
| Other tangible fixed assets | 26 | €1,285 | €974 | -€312 | -24.2% |
| Financial fixed assets | 28 | €32,750 | €32,750 | = | 0.0% |
| Current assets | 29/58 | €56,273 | €287,468 | +€231,195 | +411% |
| Amounts receivable after more than one year | 29 | - | €250,000 | +€250,000 | |
| Other amounts receivable | 291 | - | €250,000 | +€250,000 | |
| Amounts receivable within one year | 40/41 | €46,037 | €18,464 | -€27,573 | -59.9% |
| Trade receivables | 40 | €40,556 | €15,031 | -€25,525 | -62.9% |
| Other amounts receivable | 41 | €5,481 | €3,433 | -€2,048 | -37.4% |
| Cash at bank and in hand | 54/58 | €5,108 | €13,851 | +€8,743 | +171% |
| Deferred charges and accrued income | 490/1 | €5,129 | €5,153 | +€24 | +0.5% |
| Total equity and liabilities | 10/49 | €91,157 | €324,592 | +€233,434 | +256% |
| Equity | 10/15 | €55,265 | €72,764 | +€17,499 | +31.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,065 | €66,564 | +€17,499 | +35.7% |
| Distributable reserves | 133 | €49,065 | €66,564 | +€17,499 | +35.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,892 | €251,828 | +€215,936 | +602% |
| Amounts payable after more than one year | 17 | €8,805 | €227,616 | +€218,811 | +2,485% |
| Financial debts | 170/4 | €8,805 | €2,616 | -€6,189 | -70.3% |
| Other amounts payable | 178/9 | - | €225,000 | +€225,000 | |
| Amounts payable within one year | 42/48 | €27,087 | €24,212 | -€2,875 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €6,068 | €6,189 | +€122 | +2.0% |
| Financial debts | 43 | €623 | €475 | -€148 | -23.7% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €623 | €475 | -€148 | -23.7% |
| Trade debts | 44 | €1,724 | €5,227 | +€3,503 | +203% |
| Suppliers | 440/4 | €1,724 | €5,227 | +€3,503 | +203% |
| Taxes, remuneration and social security | 45 | €13,281 | €9,475 | -€3,806 | -28.7% |
| Taxes | 450/3 | €13,281 | €9,475 | -€3,806 | -28.7% |
| Other amounts payable | 47/48 | €5,392 | €2,846 | -€2,546 | -47.2% |
| Non-recurring operating income | 76A | €0 | €395 | +€395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456 | €1,305 | +€848 | +186% |
| Other operating charges | 640/8 | €984 | €955 | -€29 | -3.0% |
| Gross operating margin | 9900 | €42,777 | €30,659 | -€12,118 | -28.3% |
| Operating profit (loss) | 9901 | €41,336 | €28,399 | -€12,937 | -31.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,217 | €2,241 | +€24 | +1.1% |
| Recurring financial charges | 65 | €1,862 | €2,241 | +€379 | +20.3% |
| Non-recurring financial charges | 66B | €355 | €0 | -€355 | -100% |
| Profit (loss) for the period before taxes | 9903 | €39,119 | €26,159 | -€12,961 | -33.1% |
| Income taxes | 67/77 | €6,789 | €7,374 | +€585 | +8.6% |
| Profit (loss) for the period | 9904 | €32,330 | €18,785 | -€13,546 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,330 | €18,785 | -€13,546 | -41.9% |
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.