BLINS: 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.
BLINS
Largest movements
- Tangible fixed assets -€34,031
down €34,031 (-3.1%), from €1.1m to €1.1m
of which Other tangible fixed assets: -€34,027
- Cash -€25,066
down €25,066 (-9.2%), from €271,033 to €245,967
mainly Debts after one year (-€35,181) and Net result for the year (-€16,420)
- Debts after one year -€35,181
down €35,181 (-16.9%), from €207,805 to €172,623
- Profit (loss) carried forward -€16,420
down €16,420 (-6.1%), from -€268,596 to -€285,017
- Gross operating margin -€133,565
down €133,565 (-77.5%), from €172,238 to €38,673
- Depreciation +€3,531
up €3,531 (+8.0%), from €44,390 to €47,921
- Other operating charges +€2,657
up €2,657 (+51.8%), from €5,134 to €7,791
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 | €1,460,671 | €1,406,086 | -€54,585 | -3.7% |
| Fixed assets | 21/28 | €1,105,281 | €1,071,251 | -€34,031 | -3.1% |
| Tangible fixed assets | 22/27 | €1,105,281 | €1,071,251 | -€34,031 | -3.1% |
| Furniture and vehicles | 24 | €4 | - | -€4 | |
| Other tangible fixed assets | 26 | €1,105,277 | €1,071,251 | -€34,027 | -3.1% |
| Current assets | 29/58 | €355,389 | €334,835 | -€20,554 | -5.8% |
| Amounts receivable after more than one year | 29 | €7,307 | €7,307 | = | 0.0% |
| Other amounts receivable | 291 | €7,307 | €7,307 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,057 | €80,809 | +€4,751 | +6.2% |
| Other amounts receivable | 41 | €76,057 | €80,809 | +€4,751 | +6.2% |
| Cash at bank and in hand | 54/58 | €271,033 | €245,967 | -€25,066 | -9.2% |
| Deferred charges and accrued income | 490/1 | €992 | €753 | -€239 | -24.1% |
| Total equity and liabilities | 10/49 | €1,460,671 | €1,406,086 | -€54,585 | -3.7% |
| Equity | 10/15 | €1,187,309 | €1,170,889 | -€16,420 | -1.4% |
| Contributions | 10/11 | €1,448,600 | €1,448,600 | = | 0.0% |
| Reserves | 13 | €7,305 | €7,305 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,305 | €7,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,596 | -€285,017 | -€16,420 | -6.1% |
| Amounts payable | 17/49 | €273,362 | €235,197 | -€38,165 | -14.0% |
| Amounts payable after more than one year | 17 | €207,805 | €172,623 | -€35,181 | -16.9% |
| Financial debts | 170/4 | €207,805 | €172,623 | -€35,181 | -16.9% |
| Amounts payable within one year | 42/48 | €65,557 | €62,574 | -€2,983 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | €35,181 | +€181 | +0.5% |
| Trade debts | 44 | €19,206 | €15,075 | -€4,131 | -21.5% |
| Suppliers | 440/4 | €19,206 | €15,075 | -€4,131 | -21.5% |
| Taxes, remuneration and social security | 45 | €4,336 | €5,302 | +€966 | +22.3% |
| Taxes | 450/3 | €4,336 | €5,302 | +€966 | +22.3% |
| Other amounts payable | 47/48 | €7,015 | €7,015 | = | 0.0% |
| Non-recurring operating income | 76A | €142,377 | - | -€142,377 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,390 | €47,921 | +€3,531 | +8.0% |
| Other operating charges | 640/8 | €5,134 | €7,791 | +€2,657 | +51.8% |
| Gross operating margin | 9900 | €172,238 | €38,673 | -€133,565 | -77.5% |
| Operating profit (loss) | 9901 | €122,714 | -€17,039 | -€139,753 | |
| Financial income | 75/76B | €3,439 | €1,967 | -€1,473 | -42.8% |
| Recurring financial income | 75 | €3,439 | €1,967 | -€1,473 | -42.8% |
| Financial charges | 65/66B | €1,512 | €1,348 | -€164 | -10.9% |
| Recurring financial charges | 65 | €1,512 | €1,348 | -€164 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €124,641 | -€16,420 | -€141,061 | |
| Profit (loss) for the period | 9904 | €124,641 | -€16,420 | -€141,061 | |
| Profit (loss) for the period to be appropriated | 9905 | €124,641 | -€16,420 | -€141,061 |
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 19 October 2026 via checked.be.