Bliss: 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
Bliss
NACE 47.770, Retail sale of watches and jewellery
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€198,585
2024 · €145,188+€53,397
Equity
€8.4m
2024 · €8.2m+€198,585
Cash
€1,038
2024 · €485+€553
Balance sheet total
€8.5m
2024 · €8.3m+€175,989
Largest movements
Assets
- Receivables within one year +€216,238
up €216,238 (+6.4%), from €3.4m to €3.6m
of which Other amounts receivable: +€215,197
Equity and liabilities
- Reserves +€198,585
up €198,585 (+2.5%), from €8.1m to €8.3m
of which Distributable reserves: +€198,585
Income statement
- Financial income +€81,328
up €81,328 (+43.3%), from €188,000 to €269,328
- Gross operating margin -€31,476
down €31,476, from €7,135 to -€24,341
- Depreciation -€2,007
down €2,007 (-4.7%), from €42,598 to €40,591
- Financial charges -€913
down €913 (-16.8%), from €5,442 to €4,529
- Other operating charges -€319
down €319 (-23.1%), from €1,379 to €1,060
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.
Result 2024
€145,188
Gross operating margin
-€31,476
Depreciation
+€2,007
Other operating charges
+€319
Financial income
+€81,328
Financial charges
+€913
Taxes
+€307
Result 2025
€198,585
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.
From operations
+€25,709
Investment
€0
Financing
-€25,155
Cash 2024
€485
From operations (derived)
+€25,709
Net result for the year
+€198,585
Depreciation
+€40,591
Receivables within one year
-€216,238
Smaller working-capital items
+€200
Tax, wage and social debts
+€1,957
Accrued charges and deferred income
+€615
Financing
-€25,155
Debts after one year
-€26,488
Current portion of long-term debt
+€1,332
Cash 2025
€1,038
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,293,591 | €8,469,581 | +€175,989 | +2.1% |
| Fixed assets | 21/28 | €123,637 | €83,046 | -€40,591 | -32.8% |
| Intangible fixed assets | 21 | €800 | €0 | -€800 | -100.0% |
| Tangible fixed assets | 22/27 | €115,401 | €75,610 | -€39,791 | -34.5% |
| Land and buildings | 22 | €1,986 | €0 | -€1,986 | -100.0% |
| Furniture and vehicles | 24 | €113,415 | €75,610 | -€37,805 | -33.3% |
| Financial fixed assets | 28 | €7,436 | €7,436 | = | 0.0% |
| Current assets | 29/58 | €8,169,955 | €8,386,535 | +€216,580 | +2.7% |
| Amounts receivable after more than one year | 29 | €4,728,298 | €4,728,298 | = | 0.0% |
| Other amounts receivable | 291 | €4,728,298 | €4,728,298 | = | 0.0% |
| Stocks and contracts in progress | 3 | €42,471 | €42,471 | = | 0.0% |
| Stocks | 30/36 | €42,471 | €42,471 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,393,145 | €3,609,383 | +€216,238 | +6.4% |
| Trade receivables | 40 | €0 | €1,042 | +€1,042 | |
| Other amounts receivable | 41 | €3,393,145 | €3,608,341 | +€215,197 | +6.3% |
| Cash at bank and in hand | 54/58 | €485 | €1,038 | +€553 | +114.1% |
| Deferred charges and accrued income | 490/1 | €5,556 | €5,344 | -€212 | -3.8% |
| Total equity and liabilities | 10/49 | €8,293,591 | €8,469,581 | +€175,989 | +2.1% |
| Equity | 10/15 | €8,181,948 | €8,380,534 | +€198,585 | +2.4% |
| Contributions | 10/11 | €128,696 | €128,696 | = | 0.0% |
| Reserves | 13 | €8,053,252 | €8,251,838 | +€198,585 | +2.5% |
| Non-distributable reserves | 130/1 | €17,124 | €17,124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,124 | €17,124 | = | 0.0% |
| Distributable reserves | 133 | €8,036,129 | €8,234,714 | +€198,585 | +2.5% |
| Amounts payable | 17/49 | €111,643 | €89,047 | -€22,596 | -20.2% |
| Amounts payable after more than one year | 17 | €85,044 | €58,557 | -€26,488 | -31.1% |
| Financial debts | 170/4 | €85,044 | €58,557 | -€26,488 | -31.1% |
| Amounts payable within one year | 42/48 | €26,599 | €29,876 | +€3,277 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €25,491 | €26,823 | +€1,332 | +5.2% |
| Trade debts | 44 | €33 | €21 | -€12 | -36.1% |
| Suppliers | 440/4 | €33 | €21 | -€12 | -36.1% |
| Taxes, remuneration and social security | 45 | €1,075 | €3,031 | +€1,957 | +182.1% |
| Taxes | 450/3 | €1,075 | €3,031 | +€1,957 | +182.1% |
| Accrued charges and deferred income | 492/3 | €0 | €615 | +€615 | |
| Non-recurring operating income | 76A | €27,500 | €750 | -€26,750 | -97.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,598 | €40,591 | -€2,007 | -4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,379 | €1,060 | -€319 | -23.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €7,135 | -€24,341 | -€31,476 | |
| Operating profit (loss) | 9901 | -€36,843 | -€65,993 | -€29,150 | -79.1% |
| Financial income | 75/76B | €188,000 | €269,328 | +€81,328 | +43.3% |
| Recurring financial income | 75 | €188,000 | €269,328 | +€81,328 | +43.3% |
| Financial charges | 65/66B | €5,442 | €4,529 | -€913 | -16.8% |
| Recurring financial charges | 65 | €5,442 | €4,529 | -€913 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €145,716 | €198,806 | +€53,091 | +36.4% |
| Income taxes | 67/77 | €528 | €221 | -€307 | -58.1% |
| Profit (loss) for the period | 9904 | €145,188 | €198,585 | +€53,397 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €145,188 | €198,585 | +€53,397 | +36.8% |
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 10 October 2026 via checked.be.