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BLINKY: 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.

What changed

BLINKY

BE 0762.863.329
NACE 18.130, Pre-press and pre-media services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€34,471
2024 · -€13,970+€48,441
Equity
€45,544
2024 · €46,073-€529
Cash
€45,631
2024 · €31,300+€14,331
Balance sheet total
€99,287
2024 · €59,914+€39,373

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€16,431

    up €16,431 (+148%), from €11,086 to €27,517

    of which Furniture and vehicles: +€20,798

  • Cash +€14,331

    up €14,331 (+45.8%), from €31,300 to €45,631

    mainly Net result for the year (+€34,471) and Other debts (+€29,860)

  • Receivables within one year +€13,174

    up €13,174 (+114%), from €11,528 to €24,702

    of which Trade receivables: +€13,947

  • Deferred charges and accrued income -€4,563

    down €4,563 (-76.1%), from €6,000 to €1,437

Equity and liabilities
  • Other debts +€29,860

    up €29,860 (+421%), from €7,095 to €36,956

  • Tax, wage and social debts +€9,762

    up €9,762 (+156%), from €6,277 to €16,039

    of which Remuneration and social security: +€13,278

Income statement
  • Gross operating margin +€53,305

    up €53,305, from -€5,020 to €48,284

  • Taxes +€5,976

    new in 2025: €5,976

  • Depreciation -€1,129

    down €1,129 (-13.5%), from €8,357 to €7,228

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€13,970
Gross operating margin +€53,305
Depreciation +€1,129
Other operating charges -€14
Financial charges -€3
Taxes -€5,976
Result 2025 €34,471
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€72,990
Investment -€23,659
Financing -€35,000
Cash 2024 €31,300
Net result for the year +€34,471
Depreciation +€7,228
Receivables within one year -€13,174
Deferred charges and accrued income +€4,563
Trade debts -€67
Tax, wage and social debts +€9,762
Other debts +€29,860
Accrued charges and deferred income +€347
Investment in fixed assets (net) -€23,659
Contributions, distributions and other -€35,000
Cash 2025 €45,631
brings cash intakes cash out
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €59,914 €99,287 +€39,373 +65.7%
Fixed assets 21/28 €11,086 €27,517 +€16,431 +148%
Tangible fixed assets 22/27 €11,086 €27,517 +€16,431 +148%
Plant, machinery and equipment 23 €11,086 €6,719 -€4,367 -39.4%
Furniture and vehicles 24 - €20,798 +€20,798
Current assets 29/58 €48,828 €71,770 +€22,942 +47.0%
Amounts receivable within one year 40/41 €11,528 €24,702 +€13,174 +114%
Trade receivables 40 €10,731 €24,678 +€13,947 +130%
Other amounts receivable 41 €797 €24 -€773 -97.0%
Cash at bank and in hand 54/58 €31,300 €45,631 +€14,331 +45.8%
Deferred charges and accrued income 490/1 €6,000 €1,437 -€4,563 -76.1%
Total equity and liabilities 10/49 €59,914 €99,287 +€39,373 +65.7%
Equity 10/15 €46,073 €45,544 -€529 -1.1%
Contributions 10/11 €4,000 €4,000 = 0.0%
Reserves 13 €42,073 €41,544 -€529 -1.3%
Distributable reserves 133 €42,073 €41,544 -€529 -1.3%
Amounts payable 17/49 €13,841 €53,743 +€39,902 +288%
Amounts payable within one year 42/48 €13,587 €53,142 +€39,555 +291%
Trade debts 44 €214 €147 -€67 -31.4%
Suppliers 440/4 €214 €147 -€67 -31.4%
Taxes, remuneration and social security 45 €6,277 €16,039 +€9,762 +156%
Taxes 450/3 €6,277 €2,761 -€3,517 -56.0%
Remuneration and social security 454/9 - €13,278 +€13,278
Other amounts payable 47/48 €7,095 €36,956 +€29,860 +421%
Accrued charges and deferred income 492/3 €254 €601 +€347 +136%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,357 €7,228 -€1,129 -13.5%
Other operating charges 640/8 €505 €520 +€14 +2.8%
Gross operating margin 9900 -€5,020 €48,284 +€53,305
Operating profit (loss) 9901 -€13,883 €40,537 +€54,419
Financial charges 65/66B €87 €90 +€3 +3.1%
Recurring financial charges 65 €87 €90 +€3 +3.1%
Profit (loss) for the period before taxes 9903 -€13,970 €40,447 +€54,417
Income taxes 67/77 - €5,976 +€5,976
Profit (loss) for the period 9904 -€13,970 €34,471 +€48,441
Profit (loss) for the period to be appropriated 9905 -€13,970 €34,471 +€48,441

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 28 October 2026 via checked.be.