BLINKSIDE: 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.
BLINKSIDE
Largest movements
- Cash +€21,178
up €21,178 (+64.8%), from €32,668 to €53,846
mainly Depreciation (+€23,723) and Trade debts (+€9,310)
- Intangible fixed assets -€13,069
down €13,069 (-31.4%), from €41,647 to €28,577
- Tangible fixed assets -€4,966
down €4,966 (-86.5%), from €5,741 to €775
- Receivables within one year +€4,764
up €4,764 (+73.9%), from €6,448 to €11,212
of which Trade receivables: +€4,151
- Trade debts +€9,310
up €9,310 (+37.7%), from €24,673 to €33,983
- Current portion of long-term debt -€1,710
no longer reported in 2025 (was €1,710)
- Reserves +€1,643
up €1,643 (+4.6%), from €35,572 to €37,215
- Other debts -€1,329
down €1,329 (-20.2%), from €6,580 to €5,250
- Gross operating margin -€3,510
down €3,510 (-10.8%), from €32,453 to €28,943
- Depreciation -€3,472
down €3,472 (-12.8%), from €27,195 to €23,723
- Other operating charges +€1,392
up €1,392 (+206%), from €677 to €2,069
- Taxes -€517
down €517 (-27.2%), from €1,903 to €1,387
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 | €87,812 | €95,888 | +€8,076 | +9.2% |
| Fixed assets | 21/28 | €47,387 | €29,352 | -€18,035 | -38.1% |
| Intangible fixed assets | 21 | €41,647 | €28,577 | -€13,069 | -31.4% |
| Tangible fixed assets | 22/27 | €5,741 | €775 | -€4,966 | -86.5% |
| Furniture and vehicles | 24 | €5,741 | €775 | -€4,966 | -86.5% |
| Current assets | 29/58 | €40,425 | €66,536 | +€26,112 | +64.6% |
| Amounts receivable within one year | 40/41 | €6,448 | €11,212 | +€4,764 | +73.9% |
| Trade receivables | 40 | €6,351 | €10,502 | +€4,151 | +65.4% |
| Other amounts receivable | 41 | €97 | €710 | +€613 | +635% |
| Cash at bank and in hand | 54/58 | €32,668 | €53,846 | +€21,178 | +64.8% |
| Deferred charges and accrued income | 490/1 | €1,309 | €1,478 | +€170 | +13.0% |
| Total equity and liabilities | 10/49 | €87,812 | €95,888 | +€8,076 | +9.2% |
| Equity | 10/15 | €48,622 | €50,265 | +€1,643 | +3.4% |
| Contributions | 10/11 | €13,050 | €13,050 | = | 0.0% |
| Reserves | 13 | €35,572 | €37,215 | +€1,643 | +4.6% |
| Distributable reserves | 133 | €35,572 | €37,215 | +€1,643 | +4.6% |
| Amounts payable | 17/49 | €39,190 | €45,623 | +€6,434 | +16.4% |
| Amounts payable within one year | 42/48 | €39,190 | €45,623 | +€6,434 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €1,710 | - | -€1,710 | |
| Trade debts | 44 | €24,673 | €33,983 | +€9,310 | +37.7% |
| Suppliers | 440/4 | €24,673 | €33,983 | +€9,310 | +37.7% |
| Taxes, remuneration and social security | 45 | €6,227 | €6,390 | +€163 | +2.6% |
| Taxes | 450/3 | €6,227 | €6,390 | +€163 | +2.6% |
| Other amounts payable | 47/48 | €6,580 | €5,250 | -€1,329 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,195 | €23,723 | -€3,472 | -12.8% |
| Other operating charges | 640/8 | €677 | €2,069 | +€1,392 | +206% |
| Gross operating margin | 9900 | €32,453 | €28,943 | -€3,510 | -10.8% |
| Operating profit (loss) | 9901 | €4,582 | €3,151 | -€1,430 | -31.2% |
| Financial income | 75/76B | €192 | - | -€192 | |
| Recurring financial income | 75 | €192 | - | -€192 | |
| Financial charges | 65/66B | €174 | €122 | -€52 | -29.9% |
| Recurring financial charges | 65 | €174 | €122 | -€52 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €4,600 | €3,029 | -€1,570 | -34.1% |
| Income taxes | 67/77 | €1,903 | €1,387 | -€517 | -27.2% |
| Profit (loss) for the period | 9904 | €2,696 | €1,643 | -€1,053 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,696 | €1,643 | -€1,053 | -39.1% |
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 16 October 2026 via checked.be.