BLISK: 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.
BLISK
Largest movements
- Cash +€83,862
up €83,862 (+123.4%), from €67,936 to €151,797
mainly Other debts (+€133,919) and Net result for the year (+€113,047)
- Current investments -€50,788
down €50,788 (-28.8%), from €176,426 to €125,638
- Other debts +€133,919
up €133,919 (+3253.5%), from €4,116 to €138,035
- Reserves -€100,921
down €100,921 (-37.6%), from €268,369 to €167,447
- Gross operating margin +€12,879
up €12,879 (+9.8%), from €131,681 to €144,559
- Financial income +€4,253
up €4,253 (+248.1%), from €1,714 to €5,967
- Taxes +€2,289
up €2,289 (+7.9%), from €28,901 to €31,191
- Depreciation +€1,642
up €1,642 (+129.9%), from €1,264 to €2,906
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.
Cash bridge derived
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 | €290,395 | €323,657 | +€33,263 | +11.5% |
| Fixed assets | 21/28 | €8,763 | €10,419 | +€1,656 | +18.9% |
| Tangible fixed assets | 22/27 | €8,763 | €10,419 | +€1,656 | +18.9% |
| Plant, machinery and equipment | 23 | - | €1,812 | +€1,812 | |
| Furniture and vehicles | 24 | - | €1,662 | +€1,662 | |
| Other tangible fixed assets | 26 | €8,763 | €6,945 | -€1,818 | -20.7% |
| Current assets | 29/58 | €281,631 | €313,238 | +€31,607 | +11.2% |
| Amounts receivable within one year | 40/41 | €35,471 | €34,000 | -€1,471 | -4.1% |
| Trade receivables | 40 | €34,000 | €34,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,471 | - | -€1,471 | |
| Current investments | 50/53 | €176,426 | €125,638 | -€50,788 | -28.8% |
| Cash at bank and in hand | 54/58 | €67,936 | €151,797 | +€83,862 | +123.4% |
| Deferred charges and accrued income | 490/1 | €1,799 | €1,803 | +€4 | +0.2% |
| Total equity and liabilities | 10/49 | €290,395 | €323,657 | +€33,263 | +11.5% |
| Equity | 10/15 | €268,469 | €167,547 | -€100,921 | -37.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €268,369 | €167,447 | -€100,921 | -37.6% |
| Distributable reserves | 133 | €268,369 | €167,447 | -€100,921 | -37.6% |
| Amounts payable | 17/49 | €21,926 | €156,110 | +€134,184 | +612.0% |
| Amounts payable within one year | 42/48 | €21,926 | €156,110 | +€134,184 | +612.0% |
| Trade debts | 44 | €2,057 | €3,004 | +€946 | +46.0% |
| Suppliers | 440/4 | €2,057 | €3,004 | +€946 | +46.0% |
| Taxes, remuneration and social security | 45 | €15,752 | €15,071 | -€682 | -4.3% |
| Taxes | 450/3 | €15,752 | €15,071 | -€682 | -4.3% |
| Other amounts payable | 47/48 | €4,116 | €138,035 | +€133,919 | +3253.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,264 | €2,906 | +€1,642 | +129.9% |
| Other operating charges | 640/8 | €488 | €520 | +€32 | +6.6% |
| Gross operating margin | 9900 | €131,681 | €144,559 | +€12,879 | +9.8% |
| Operating profit (loss) | 9901 | €129,929 | €141,134 | +€11,205 | +8.6% |
| Financial income | 75/76B | €1,714 | €5,967 | +€4,253 | +248.1% |
| Recurring financial income | 75 | €1,714 | €5,967 | +€4,253 | +248.1% |
| Financial charges | 65/66B | €1,820 | €2,863 | +€1,043 | +57.3% |
| Recurring financial charges | 65 | €1,820 | €2,863 | +€1,043 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | €129,823 | €144,238 | +€14,415 | +11.1% |
| Income taxes | 67/77 | €28,901 | €31,191 | +€2,289 | +7.9% |
| Profit (loss) for the period | 9904 | €100,921 | €113,047 | +€12,126 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €100,921 | €113,047 | +€12,126 | +12.0% |
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 9 October 2026 via checked.be.