Blindsup: what changed
Two fiscal 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.
Blindsup
Largest movements
- Receivables within one year +€68,382
new in 2025: €68,382
of which Trade receivables: +€42,805
- Stocks and contracts -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Intangible fixed assets -€833
down €833 (-33.7%), from €2,470 to €1,637
- Short-term financial debts +€54,165
up €54,165 (+1401.2%), from €3,866 to €58,031
- Profit (loss) carried forward -€42,123
down €42,123 (-80.1%), from -€52,590 to -€94,714
- Debts after one year +€16,604
new in 2025: €16,604
- Trade debts +€14,849
up €14,849 (+86.8%), from €17,097 to €31,946
- Current portion of long-term debt +€7,169
new in 2025: €7,169
- Staff costs -€20,371
down €20,371, from €17,741 to -€2,630
- Gross operating margin +€12,555
up €12,555 (+29.3%), from -€42,829 to -€30,274
- Financial charges +€4,173
up €4,173 (+116.9%), from €3,570 to €7,743
- Depreciation +€1,716
up €1,716 (+75.5%), from €2,272 to €3,987
- Other operating charges +€719
up €719 (+37.6%), from €1,909 to €2,628
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,850 | €75,113 | +€47,262 | +169.7% |
| Fixed assets | 21/28 | €7,850 | €6,438 | -€1,412 | -18.0% |
| Intangible fixed assets | 21 | €2,470 | €1,637 | -€833 | -33.7% |
| Tangible fixed assets | 22/27 | €5,380 | €4,801 | -€579 | -10.8% |
| Furniture and vehicles | 24 | €4,727 | €4,239 | -€487 | -10.3% |
| Other tangible fixed assets | 26 | €653 | €562 | -€92 | -14.0% |
| Current assets | 29/58 | €20,000 | €68,675 | +€48,675 | +243.4% |
| Stocks and contracts in progress | 3 | €20,000 | €0 | -€20,000 | -100.0% |
| Stocks | 30/36 | €20,000 | €0 | -€20,000 | -100.0% |
| Amounts receivable within one year | 40/41 | - | €68,382 | +€68,382 | |
| Trade receivables | 40 | - | €42,805 | +€42,805 | |
| Other amounts receivable | 41 | - | €25,577 | +€25,577 | |
| Deferred charges and accrued income | 490/1 | - | €293 | +€293 | |
| Total equity and liabilities | 10/49 | €27,850 | €75,113 | +€47,262 | +169.7% |
| Equity | 10/15 | -€45,235 | -€87,359 | -€42,123 | -93.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,355 | €2,355 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,355 | €2,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,590 | -€94,714 | -€42,123 | -80.1% |
| Amounts payable | 17/49 | €73,086 | €162,471 | +€89,386 | +122.3% |
| Amounts payable after more than one year | 17 | - | €16,604 | +€16,604 | |
| Financial debts | 170/4 | - | €16,604 | +€16,604 | |
| Amounts payable within one year | 42/48 | €73,086 | €145,867 | +€72,781 | +99.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,169 | +€7,169 | |
| Financial debts | 43 | €3,866 | €58,031 | +€54,165 | +1401.2% |
| Credit institutions | 430/8 | €3,866 | €58,031 | +€54,165 | +1401.2% |
| Trade debts | 44 | €17,097 | €31,946 | +€14,849 | +86.8% |
| Suppliers | 440/4 | €17,097 | €31,946 | +€14,849 | +86.8% |
| Taxes, remuneration and social security | 45 | €20,156 | €14,105 | -€6,051 | -30.0% |
| Taxes | 450/3 | €15,045 | €14,105 | -€939 | -6.2% |
| Remuneration and social security | 454/9 | €5,112 | - | -€5,112 | |
| Other amounts payable | 47/48 | €31,966 | €34,616 | +€2,649 | +8.3% |
| Remuneration, social security and pensions | 62 | €17,741 | -€2,630 | -€20,371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,272 | €3,987 | +€1,716 | +75.5% |
| Other operating charges | 640/8 | €1,909 | €2,628 | +€719 | +37.6% |
| Gross operating margin | 9900 | -€42,829 | -€30,274 | +€12,555 | +29.3% |
| Operating profit (loss) | 9901 | -€64,751 | -€34,259 | +€30,491 | +47.1% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €3,570 | €7,743 | +€4,173 | +116.9% |
| Recurring financial charges | 65 | €3,570 | €7,743 | +€4,173 | +116.9% |
| Profit (loss) for the period before taxes | 9903 | -€68,321 | -€41,991 | +€26,329 | +38.5% |
| Income taxes | 67/77 | €604 | €132 | -€472 | -78.2% |
| Profit (loss) for the period | 9904 | -€68,925 | -€42,123 | +€26,802 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,925 | -€42,123 | +€26,802 | +38.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.