BLINDMAN: 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.
BLINDMAN
Largest movements
- Cash +€16,527
up €16,527 (+16.1%), from €102,644 to €119,171
mainly Accrued charges and deferred income (+€18,600) and Tax, wage and social debts (+€8,321)
- Receivables within one year +€11,733
up €11,733 (+27.4%), from €42,854 to €54,587
of which Trade receivables: +€12,096
- Intangible fixed assets -€2,372
no longer reported in 2025 (was €2,372)
- Accrued charges and deferred income +€18,600
up €18,600 (+676.4%), from €2,750 to €21,350
- Trade debts -€10,001
down €10,001 (-44.3%), from €22,573 to €12,572
- Tax, wage and social debts +€8,321
up €8,321 (+27.7%), from €29,996 to €38,317
of which Remuneration and social security: +€9,240
- Profit (loss) carried forward +€6,159
up €6,159 (+7.5%), from €82,253 to €88,412
- Staff costs +€22,812
up €22,812 (+10.0%), from €227,361 to €250,173
- Gross operating margin -€14,040
down €14,040 (-5.1%), from €274,489 to €260,449
- Purchases and services +€10,974
up €10,974 (+4.9%), from €222,739 to €233,713
- Turnover -€6,232
down €6,232 (-6.7%), from €93,145 to €86,913
- Depreciation -€3,365
down €3,365 (-49.9%), from €6,737 to €3,372
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 | €157,572 | €180,651 | +€23,079 | +14.6% |
| Fixed assets | 21/28 | €4,713 | €1,341 | -€3,372 | -71.5% |
| Intangible fixed assets | 21 | €2,372 | - | -€2,372 | |
| Tangible fixed assets | 22/27 | €1,999 | €999 | -€1,000 | -50.0% |
| Furniture and vehicles | 24 | €1,999 | €999 | -€1,000 | -50.0% |
| Financial fixed assets | 28 | €342 | €342 | = | 0.0% |
| Current assets | 29/58 | €152,859 | €179,310 | +€26,451 | +17.3% |
| Stocks and contracts in progress | 3 | €4,576 | €4,278 | -€298 | -6.5% |
| Stocks | 30/36 | €4,576 | €4,278 | -€298 | -6.5% |
| Amounts receivable within one year | 40/41 | €42,854 | €54,587 | +€11,733 | +27.4% |
| Trade receivables | 40 | €2,571 | €14,667 | +€12,096 | +470.5% |
| Other amounts receivable | 41 | €40,283 | €39,920 | -€363 | -0.9% |
| Cash at bank and in hand | 54/58 | €102,644 | €119,171 | +€16,527 | +16.1% |
| Deferred charges and accrued income | 490/1 | €2,785 | €1,274 | -€1,511 | -54.3% |
| Total equity and liabilities | 10/49 | €157,572 | €180,651 | +€23,079 | +14.6% |
| Equity | 10/15 | €102,253 | €108,412 | +€6,159 | +6.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,253 | €88,412 | +€6,159 | +7.5% |
| Amounts payable | 17/49 | €55,319 | €72,239 | +€16,920 | +30.6% |
| Amounts payable within one year | 42/48 | €52,569 | €50,889 | -€1,680 | -3.2% |
| Trade debts | 44 | €22,573 | €12,572 | -€10,001 | -44.3% |
| Suppliers | 440/4 | €22,573 | €12,572 | -€10,001 | -44.3% |
| Taxes, remuneration and social security | 45 | €29,996 | €38,317 | +€8,321 | +27.7% |
| Taxes | 450/3 | €9,083 | €8,164 | -€919 | -10.1% |
| Remuneration and social security | 454/9 | €20,913 | €30,153 | +€9,240 | +44.2% |
| Accrued charges and deferred income | 492/3 | €2,750 | €21,350 | +€18,600 | +676.4% |
| Turnover | 70 | €93,145 | €86,913 | -€6,232 | -6.7% |
| Membership fees, donations, legacies and grants | 73 | €395,372 | €405,073 | +€9,701 | +2.5% |
| Non-recurring operating income | 76A | €3,793 | €716 | -€3,077 | -81.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €222,739 | €233,713 | +€10,974 | +4.9% |
| Remuneration, social security and pensions | 62 | €227,361 | €250,173 | +€22,812 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,737 | €3,372 | -€3,365 | -49.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €136 | - | -€136 | |
| Other operating charges | 640/8 | €54 | €530 | +€476 | +881.5% |
| Non-recurring operating charges | 66A | €7,528 | - | -€7,528 | |
| Gross operating margin | 9900 | €274,489 | €260,449 | -€14,040 | -5.1% |
| Operating profit (loss) | 9901 | €32,673 | €6,374 | -€26,299 | -80.5% |
| Financial income | 75/76B | - | €51 | +€51 | |
| Recurring financial income | 75 | - | €51 | +€51 | |
| Financial charges | 65/66B | €273 | €266 | -€7 | -2.6% |
| Recurring financial charges | 65 | €273 | €266 | -€7 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €32,400 | €6,159 | -€26,241 | -81.0% |
| Profit (loss) for the period | 9904 | €32,400 | €6,159 | -€26,241 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,400 | €6,159 | -€26,241 | -81.0% |
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 12 October 2026 via checked.be.