BLINKIE: 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.
BLINKIE
Largest movements
- Tangible fixed assets -€71,652
down €71,652 (-23.7%), from €302,060 to €230,408
of which Land and buildings: -€130,737
- Cash -€47,197
down €47,197 (-60.1%), from €78,546 to €31,349
mainly Debts after one year (-€113,171) and Current portion of long-term debt (-€51,322)
- Financial fixed assets +€15,630
up €15,630 (+2,156%), from €725 to €16,355
- Receivables within one year -€6,669
down €6,669 (-60.4%), from €11,042 to €4,372
of which Trade receivables: -€6,759
- Debts after one year -€113,171
down €113,171 (-100%), from €113,171 to €0
- Reserves +€60,291
up €60,291 (+30.9%), from €195,356 to €255,647
of which Distributable reserves: +€60,291
- Current portion of long-term debt -€51,322
down €51,322 (-100%), from €51,322 to €0
- Tax, wage and social debts -€7,780
down €7,780 (-30.4%), from €25,582 to €17,802
of which Taxes: -€15,465
- Gross operating margin +€95,010
up €95,010 (+28.2%), from €336,838 to €431,848
- Purchases and services +€47,787
up €47,787 (+18.2%), from €262,321 to €310,108
- Other operating charges +€28,760
up €28,760 (+115%), from €25,057 to €53,817
- Depreciation -€18,855
down €18,855 (-16.6%), from €113,771 to €94,916
- Turnover -€17,319
down €17,319 (-3.0%), from €583,880 to €566,561
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 | €420,483 | €304,954 | -€115,529 | -27.5% |
| Fixed assets | 21/28 | €302,785 | €246,763 | -€56,022 | -18.5% |
| Tangible fixed assets | 22/27 | €302,060 | €230,408 | -€71,652 | -23.7% |
| Land and buildings | 22 | €130,737 | €0 | -€130,737 | -100% |
| Plant, machinery and equipment | 23 | €165,820 | €226,085 | +€60,265 | +36.3% |
| Furniture and vehicles | 24 | €5,503 | €4,323 | -€1,180 | -21.4% |
| Financial fixed assets | 28 | €725 | €16,355 | +€15,630 | +2,156% |
| Current assets | 29/58 | €117,697 | €58,191 | -€59,507 | -50.6% |
| Stocks and contracts in progress | 3 | €16,944 | €14,973 | -€1,971 | -11.6% |
| Stocks | 30/36 | €16,944 | €14,973 | -€1,971 | -11.6% |
| Amounts receivable within one year | 40/41 | €11,042 | €4,372 | -€6,669 | -60.4% |
| Trade receivables | 40 | €9,615 | €2,856 | -€6,759 | -70.3% |
| Other amounts receivable | 41 | €1,426 | €1,516 | +€90 | +6.3% |
| Cash at bank and in hand | 54/58 | €78,546 | €31,349 | -€47,197 | -60.1% |
| Deferred charges and accrued income | 490/1 | €11,166 | €7,497 | -€3,669 | -32.9% |
| Total equity and liabilities | 10/49 | €420,483 | €304,954 | -€115,529 | -27.5% |
| Equity | 10/15 | €220,356 | €280,647 | +€60,291 | +27.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €195,356 | €255,647 | +€60,291 | +30.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €195,356 | €255,647 | +€60,291 | +30.9% |
| Amounts payable | 17/49 | €200,126 | €24,307 | -€175,820 | -87.9% |
| Amounts payable after more than one year | 17 | €113,171 | €0 | -€113,171 | -100% |
| Financial debts | 170/4 | €113,171 | €0 | -€113,171 | -100% |
| Amounts payable within one year | 42/48 | €86,955 | €24,307 | -€62,648 | -72.0% |
| Current portion of amounts payable after more than one year | 42 | €51,322 | €0 | -€51,322 | -100% |
| Trade debts | 44 | €10,051 | €6,504 | -€3,546 | -35.3% |
| Suppliers | 440/4 | €10,051 | €6,504 | -€3,546 | -35.3% |
| Taxes, remuneration and social security | 45 | €25,582 | €17,802 | -€7,780 | -30.4% |
| Taxes | 450/3 | €20,129 | €4,664 | -€15,465 | -76.8% |
| Remuneration and social security | 454/9 | €5,453 | €13,138 | +€7,685 | +141% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €583,880 | €566,561 | -€17,319 | -3.0% |
| Non-recurring operating income | 76A | €10,379 | €5,950 | -€4,429 | -42.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €262,321 | €310,108 | +€47,787 | +18.2% |
| Remuneration, social security and pensions | 62 | €52,024 | €63,552 | +€11,528 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,771 | €94,916 | -€18,855 | -16.6% |
| Other operating charges | 640/8 | €25,057 | €53,817 | +€28,760 | +115% |
| Non-recurring operating charges | 66A | €0 | €136,728 | +€136,728 | |
| Gross operating margin | 9900 | €336,838 | €431,848 | +€95,010 | +28.2% |
| Operating profit (loss) | 9901 | €145,986 | €82,835 | -€63,151 | -43.3% |
| Financial income | 75/76B | €356 | €140 | -€215 | -60.5% |
| Recurring financial income | 75 | €356 | €140 | -€215 | -60.5% |
| Financial charges | 65/66B | €6,600 | €2,642 | -€3,958 | -60.0% |
| Recurring financial charges | 65 | €6,600 | €2,642 | -€3,958 | -60.0% |
| Profit (loss) for the period before taxes | 9903 | €139,741 | €80,333 | -€59,409 | -42.5% |
| Income taxes | 67/77 | €34,963 | €20,042 | -€14,920 | -42.7% |
| Profit (loss) for the period | 9904 | €104,779 | €60,291 | -€44,488 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €104,779 | €60,291 | -€44,488 | -42.5% |
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 24 October 2026 via checked.be.