BLING-KING: 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.
BLING-KING
Largest movements
- Cash -€33,118
down €33,118 (-43.2%), from €76,677 to €43,558
mainly Other debts (-€104,161) and Receivables within one year (-€15,870)
- Receivables within one year +€15,870
up €15,870 (+12.6%), from €125,626 to €141,496
of which Trade receivables: +€9,343
- Deferred charges and accrued income +€3,911
up €3,911 (+121%), from €3,230 to €7,141
- Stocks and contracts +€3,472
up €3,472 (+15.0%), from €23,171 to €26,643
- Other debts -€104,161
down €104,161 (-98.4%), from €105,812 to €1,651
- Trade debts +€84,360
up €84,360 (+172%), from €49,075 to €133,436
- Profit (loss) carried forward +€6,958
up €6,958 (+12.9%), from €54,118 to €61,076
- Gross operating margin -€95,547
down €95,547 (-88.0%), from €108,625 to €13,077
- Other operating charges +€2,704
up €2,704 (+102%), from €2,658 to €5,362
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 | €229,901 | €219,348 | -€10,553 | -4.6% |
| Fixed assets | 21/28 | €1,197 | €510 | -€687 | -57.4% |
| Tangible fixed assets | 22/27 | €841 | €154 | -€687 | -81.7% |
| Plant, machinery and equipment | 23 | €841 | €154 | -€687 | -81.7% |
| Financial fixed assets | 28 | €356 | €356 | = | 0.0% |
| Current assets | 29/58 | €228,704 | €218,838 | -€9,865 | -4.3% |
| Stocks and contracts in progress | 3 | €23,171 | €26,643 | +€3,472 | +15.0% |
| Stocks | 30/36 | €23,171 | €26,643 | +€3,472 | +15.0% |
| Amounts receivable within one year | 40/41 | €125,626 | €141,496 | +€15,870 | +12.6% |
| Trade receivables | 40 | €1,602 | €10,946 | +€9,343 | +583% |
| Other amounts receivable | 41 | €124,023 | €130,550 | +€6,527 | +5.3% |
| Cash at bank and in hand | 54/58 | €76,677 | €43,558 | -€33,118 | -43.2% |
| Deferred charges and accrued income | 490/1 | €3,230 | €7,141 | +€3,911 | +121% |
| Total equity and liabilities | 10/49 | €229,901 | €219,348 | -€10,553 | -4.6% |
| Equity | 10/15 | €72,668 | €79,626 | +€6,958 | +9.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,118 | €61,076 | +€6,958 | +12.9% |
| Amounts payable | 17/49 | €157,233 | €139,722 | -€17,511 | -11.1% |
| Amounts payable within one year | 42/48 | €156,628 | €136,976 | -€19,652 | -12.5% |
| Trade debts | 44 | €49,075 | €133,436 | +€84,360 | +172% |
| Suppliers | 440/4 | €49,075 | €133,436 | +€84,360 | +172% |
| Taxes, remuneration and social security | 45 | €1,741 | €1,889 | +€148 | +8.5% |
| Taxes | 450/3 | €1,741 | €1,889 | +€148 | +8.5% |
| Other amounts payable | 47/48 | €105,812 | €1,651 | -€104,161 | -98.4% |
| Accrued charges and deferred income | 492/3 | €605 | €2,746 | +€2,142 | +354% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €687 | = | 0.0% |
| Other operating charges | 640/8 | €2,658 | €5,362 | +€2,704 | +102% |
| Gross operating margin | 9900 | €108,625 | €13,077 | -€95,547 | -88.0% |
| Operating profit (loss) | 9901 | €105,279 | €7,028 | -€98,251 | -93.3% |
| Financial income | 75/76B | €1,737 | €2,527 | +€789 | +45.4% |
| Recurring financial income | 75 | €1,737 | €2,527 | +€789 | +45.4% |
| Financial charges | 65/66B | €993 | €707 | -€285 | -28.7% |
| Recurring financial charges | 65 | €993 | €707 | -€285 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €106,024 | €8,847 | -€97,176 | -91.7% |
| Income taxes | 67/77 | €1,741 | €1,889 | +€148 | +8.5% |
| Profit (loss) for the period | 9904 | €104,283 | €6,958 | -€97,325 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,283 | €6,958 | -€97,325 | -93.3% |
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 18 October 2026 via checked.be.