Bliss Projects: what changed
Two fiscal 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.
Bliss Projects
Largest movements
- Tangible fixed assets -€38,698
down €38,698 (-2.8%), from €1.4m to €1.3m
of which Land and buildings: -€38,362
- Cash -€17,289
down €17,289 (-66.8%), from €25,885 to €8,596
mainly Other debts (-€80,000) and Provisions (-€5,440)
- Other debts -€80,000
down €80,000 (-24.2%), from €330,000 to €250,000
- Profit (loss) carried forward +€39,844
up €39,844 (+24.2%), from -€164,478 to -€124,633
- Gross operating margin +€2,577
up €2,577 (+4.0%), from €64,670 to €67,247
- Other operating charges -€1,179
down €1,179 (-20.4%), from €5,780 to €4,601
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 | €1,407,100 | €1,351,026 | -€56,074 | -4.0% |
| Fixed assets | 21/28 | €1,381,067 | €1,342,369 | -€38,698 | -2.8% |
| Tangible fixed assets | 22/27 | €1,381,067 | €1,342,369 | -€38,698 | -2.8% |
| Land and buildings | 22 | €1,377,336 | €1,338,973 | -€38,362 | -2.8% |
| Plant, machinery and equipment | 23 | €3,732 | €3,395 | -€336 | -9.0% |
| Current assets | 29/58 | €26,033 | €8,657 | -€17,376 | -66.7% |
| Amounts receivable within one year | 40/41 | €148 | €62 | -€87 | -58.6% |
| Other amounts receivable | 41 | €148 | €62 | -€87 | -58.6% |
| Cash at bank and in hand | 54/58 | €25,885 | €8,596 | -€17,289 | -66.8% |
| Total equity and liabilities | 10/49 | €1,407,100 | €1,351,026 | -€56,074 | -4.0% |
| Equity | 10/15 | €917,445 | €946,730 | +€29,285 | +3.2% |
| Contributions | 10/11 | €674,781 | €674,781 | = | 0.0% |
| Capital | 10 | €674,781 | €674,781 | = | 0.0% |
| Issued capital | 100 | €674,781 | €674,781 | = | 0.0% |
| Reserves | 13 | €407,142 | €396,583 | -€10,560 | -2.6% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €304,527 | €293,967 | -€10,560 | -3.5% |
| Distributable reserves | 133 | €82,615 | €82,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,478 | -€124,633 | +€39,844 | +24.2% |
| Provisions and deferred taxes | 16 | €156,877 | €151,438 | -€5,440 | -3.5% |
| Deferred taxes | 168 | €156,877 | €151,438 | -€5,440 | -3.5% |
| Amounts payable | 17/49 | €332,778 | €252,859 | -€79,919 | -24.0% |
| Amounts payable within one year | 42/48 | €330,212 | €250,212 | -€80,000 | -24.2% |
| Trade debts | 44 | €212 | €212 | = | 0.0% |
| Suppliers | 440/4 | €212 | €212 | = | 0.0% |
| Other amounts payable | 47/48 | €330,000 | €250,000 | -€80,000 | -24.2% |
| Accrued charges and deferred income | 492/3 | €2,566 | €2,647 | +€81 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,698 | €38,698 | = | 0.0% |
| Other operating charges | 640/8 | €5,780 | €4,601 | -€1,179 | -20.4% |
| Gross operating margin | 9900 | €64,670 | €67,247 | +€2,577 | +4.0% |
| Operating profit (loss) | 9901 | €20,191 | €23,947 | +€3,756 | +18.6% |
| Financial income | 75/76B | €357 | €0 | -€357 | -100.0% |
| Recurring financial income | 75 | €357 | €0 | -€357 | -100.0% |
| Financial charges | 65/66B | €107 | €102 | -€5 | -4.3% |
| Recurring financial charges | 65 | €107 | €102 | -€5 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €20,441 | €23,845 | +€3,404 | +16.7% |
| Transfer from deferred taxes | 780 | €5,440 | €5,440 | = | 0.0% |
| Profit (loss) for the period | 9904 | €25,881 | €29,285 | +€3,404 | +13.2% |
| Transfer from tax-exempt reserves | 789 | €10,560 | €10,560 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,441 | €39,844 | +€3,404 | +9.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.