BLITZ & BLANK: 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.
BLITZ & BLANK
Largest movements
- Cash +€18,731
up €18,731 (+78.5%), from €23,862 to €42,593
mainly Depreciation (+€21,044) and Net result for the year (+€16,338)
- Tangible fixed assets -€13,916
down €13,916 (-7.1%), from €195,152 to €181,237
of which Plant, machinery and equipment: -€7,040
- Receivables within one year +€6,544
up €6,544 (+30.4%), from €21,516 to €28,060
of which Trade receivables: +€4,332
- Profit (loss) carried forward +€16,338
up €16,338 (+27.4%), from -€59,655 to -€43,317
- Other debts +€9,819
new in 2025: €9,819
- Accrued charges and deferred income -€3,766
no longer reported in 2025 (was €3,766)
- Debts after one year -€3,520
down €3,520 (-3.3%), from €105,926 to €102,405
of which Financial debts: -€3,520
- Trade debts -€2,930
down €2,930 (-21.5%), from €13,628 to €10,698
- Gross operating margin +€20,449
up €20,449 (+85.8%), from €23,823 to €44,271
- Depreciation -€13,353
down €13,353 (-38.8%), from €34,397 to €21,044
- Other operating charges -€962
down €962 (-15.7%), from €6,130 to €5,168
- Taxes +€941
new in 2025: €941
- Staff costs +€756
new in 2025: €756
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 | €245,324 | €257,201 | +€11,877 | +4.8% |
| Fixed assets | 21/28 | €196,385 | €182,470 | -€13,916 | -7.1% |
| Tangible fixed assets | 22/27 | €195,152 | €181,237 | -€13,916 | -7.1% |
| Land and buildings | 22 | €104,071 | €100,363 | -€3,708 | -3.6% |
| Plant, machinery and equipment | 23 | €82,378 | €75,338 | -€7,040 | -8.5% |
| Furniture and vehicles | 24 | €8,703 | €5,536 | -€3,167 | -36.4% |
| Financial fixed assets | 28 | €1,233 | €1,233 | = | 0.0% |
| Current assets | 29/58 | €48,939 | €74,731 | +€25,793 | +52.7% |
| Amounts receivable within one year | 40/41 | €21,516 | €28,060 | +€6,544 | +30.4% |
| Trade receivables | 40 | €21,516 | €25,847 | +€4,332 | +20.1% |
| Other amounts receivable | 41 | - | €2,213 | +€2,213 | |
| Cash at bank and in hand | 54/58 | €23,862 | €42,593 | +€18,731 | +78.5% |
| Deferred charges and accrued income | 490/1 | €3,561 | €4,079 | +€518 | +14.5% |
| Total equity and liabilities | 10/49 | €245,324 | €257,201 | +€11,877 | +4.8% |
| Equity | 10/15 | €113,334 | €129,273 | +€15,939 | +14.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €138,296 | €138,296 | = | 0.0% |
| Distributable reserves | 133 | €138,296 | €138,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,655 | -€43,317 | +€16,338 | +27.4% |
| Investment grants | 15 | €9,693 | €9,294 | -€399 | -4.1% |
| Amounts payable | 17/49 | €131,990 | €127,928 | -€4,062 | -3.1% |
| Amounts payable after more than one year | 17 | €105,926 | €102,405 | -€3,520 | -3.3% |
| Financial debts | 170/4 | €7,222 | €3,702 | -€3,520 | -48.7% |
| Other amounts payable | 178/9 | €98,703 | €98,703 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,298 | €25,523 | +€3,225 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €4,611 | €3,248 | -€1,363 | -29.6% |
| Trade debts | 44 | €13,628 | €10,698 | -€2,930 | -21.5% |
| Suppliers | 440/4 | €13,628 | €10,698 | -€2,930 | -21.5% |
| Taxes, remuneration and social security | 45 | €4,060 | €1,759 | -€2,301 | -56.7% |
| Taxes | 450/3 | €4,060 | €1,759 | -€2,301 | -56.7% |
| Other amounts payable | 47/48 | - | €9,819 | +€9,819 | |
| Accrued charges and deferred income | 492/3 | €3,766 | - | -€3,766 | |
| Remuneration, social security and pensions | 62 | - | €756 | +€756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,397 | €21,044 | -€13,353 | -38.8% |
| Other operating charges | 640/8 | €6,130 | €5,168 | -€962 | -15.7% |
| Gross operating margin | 9900 | €23,823 | €44,271 | +€20,449 | +85.8% |
| Operating profit (loss) | 9901 | -€16,704 | €17,303 | +€34,007 | |
| Financial income | 75/76B | €522 | €452 | -€71 | -13.5% |
| Recurring financial income | 75 | €522 | €452 | -€71 | -13.5% |
| Financial charges | 65/66B | €882 | €476 | -€406 | -46.1% |
| Recurring financial charges | 65 | €882 | €476 | -€406 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,064 | €17,279 | +€34,343 | |
| Income taxes | 67/77 | - | €941 | +€941 | |
| Profit (loss) for the period | 9904 | -€17,064 | €16,338 | +€33,402 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,064 | €16,338 | +€33,402 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.