Blindeman: 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.
Blindeman
Largest movements
- Cash -€4,943
down €4,943 (-5.0%), from €98,485 to €93,542
mainly Tax, wage and social debts (-€6,439) and Receivables within one year (-€4,572)
- Receivables within one year +€4,572
up €4,572 (+78.1%), from €5,853 to €10,424
of which Trade receivables: +€2,293
- Tangible fixed assets -€4,465
down €4,465 (-24.3%), from €18,339 to €13,874
of which Furniture and vehicles: -€3,823
- Tax, wage and social debts -€6,439
down €6,439 (-49.9%), from €12,896 to €6,457
- Profit (loss) carried forward +€2,098
up €2,098 (+3.2%), from €65,663 to €67,761
- Gross operating margin -€17,606
down €17,606 (-68.7%), from €25,638 to €8,032
- Depreciation +€1,480
up €1,480 (+49.6%), from €2,985 to €4,465
- Taxes -€1,049
down €1,049 (-49.0%), from €2,143 to €1,093
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 | €122,676 | €117,840 | -€4,837 | -3.9% |
| Fixed assets | 21/28 | €18,339 | €13,874 | -€4,465 | -24.3% |
| Tangible fixed assets | 22/27 | €18,339 | €13,874 | -€4,465 | -24.3% |
| Land and buildings | 22 | €3,294 | €2,651 | -€643 | -19.5% |
| Furniture and vehicles | 24 | €15,045 | €11,223 | -€3,823 | -25.4% |
| Current assets | 29/58 | €104,337 | €103,966 | -€371 | -0.4% |
| Amounts receivable within one year | 40/41 | €5,853 | €10,424 | +€4,572 | +78.1% |
| Trade receivables | 40 | €236 | €2,528 | +€2,293 | +973% |
| Other amounts receivable | 41 | €5,617 | €7,896 | +€2,279 | +40.6% |
| Cash at bank and in hand | 54/58 | €98,485 | €93,542 | -€4,943 | -5.0% |
| Total equity and liabilities | 10/49 | €122,676 | €117,840 | -€4,837 | -3.9% |
| Equity | 10/15 | €109,090 | €111,188 | +€2,098 | +1.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €41,427 | €41,427 | = | 0.0% |
| Distributable reserves | 133 | €41,427 | €41,427 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,663 | €67,761 | +€2,098 | +3.2% |
| Amounts payable | 17/49 | €13,587 | €6,652 | -€6,935 | -51.0% |
| Amounts payable within one year | 42/48 | €13,587 | €6,652 | -€6,935 | -51.0% |
| Trade debts | 44 | €691 | €195 | -€495 | -71.7% |
| Suppliers | 440/4 | €691 | €195 | -€495 | -71.7% |
| Taxes, remuneration and social security | 45 | €12,896 | €6,457 | -€6,439 | -49.9% |
| Taxes | 450/3 | €12,896 | €6,457 | -€6,439 | -49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,985 | €4,465 | +€1,480 | +49.6% |
| Other operating charges | 640/8 | €641 | €649 | +€8 | +1.3% |
| Gross operating margin | 9900 | €25,638 | €8,032 | -€17,606 | -68.7% |
| Operating profit (loss) | 9901 | €22,011 | €2,917 | -€19,094 | -86.7% |
| Financial income | 75/76B | €279 | €378 | +€99 | +35.5% |
| Recurring financial income | 75 | €279 | €378 | +€99 | +35.5% |
| Financial charges | 65/66B | €97 | €104 | +€8 | +8.0% |
| Recurring financial charges | 65 | €97 | €104 | +€8 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €22,194 | €3,191 | -€19,003 | -85.6% |
| Income taxes | 67/77 | €2,143 | €1,093 | -€1,049 | -49.0% |
| Profit (loss) for the period | 9904 | €20,051 | €2,098 | -€17,953 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,051 | €2,098 | -€17,953 | -89.5% |
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 14 October 2026 via checked.be.