Blix: 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.
Blix
Largest movements
- Receivables within one year +€41,255
up €41,255 (+230%), from €17,972 to €59,227
of which Trade receivables: +€41,255
- Cash -€26,697
down €26,697 (-34.7%), from €76,961 to €50,264
mainly Receivables within one year (-€41,255) and Debts after one year (-€30,000)
- Tangible fixed assets -€18,239
down €18,239 (-5.1%), from €360,413 to €342,174
of which Land and buildings: -€21,444
- Debts after one year -€30,000
no longer reported in 2025 (was €30,000)
- Other debts +€24,588
up €24,588 (+9.3%), from €265,744 to €290,332
- Profit (loss) carried forward -€5,190
down €5,190 (-5.2%), from -€98,960 to -€104,150
- Gross operating margin +€29,903
up €29,903 (+578%), from €5,178 to €35,080
- Depreciation +€16,095
up €16,095 (+108%), from €14,887 to €30,981
- Other operating charges -€7,114
down €7,114 (-51.3%), from €13,878 to €6,764
- Financial charges -€3,242
down €3,242 (-53.4%), from €6,077 to €2,835
- Financial income +€413
up €413 (+1,079%), from €38 to €451
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 | €482,464 | €474,590 | -€7,875 | -1.6% |
| Fixed assets | 21/28 | €360,413 | €342,174 | -€18,239 | -5.1% |
| Tangible fixed assets | 22/27 | €360,413 | €342,174 | -€18,239 | -5.1% |
| Land and buildings | 22 | €340,437 | €318,992 | -€21,444 | -6.3% |
| Plant, machinery and equipment | 23 | €3,269 | €10,474 | +€7,205 | +220% |
| Furniture and vehicles | 24 | €16,707 | €12,707 | -€3,999 | -23.9% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €122,052 | €132,416 | +€10,364 | +8.5% |
| Stocks and contracts in progress | 3 | €22,925 | €22,925 | = | 0.0% |
| Stocks | 30/36 | €22,925 | €22,925 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,972 | €59,227 | +€41,255 | +230% |
| Trade receivables | 40 | €17,942 | €59,197 | +€41,255 | +230% |
| Other amounts receivable | 41 | €30 | €30 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,961 | €50,264 | -€26,697 | -34.7% |
| Deferred charges and accrued income | 490/1 | €4,194 | €0 | -€4,194 | -100% |
| Total equity and liabilities | 10/49 | €482,464 | €474,590 | -€7,875 | -1.6% |
| Equity | 10/15 | €140,315 | €135,125 | -€5,190 | -3.7% |
| Contributions | 10/11 | €135,850 | €135,850 | = | 0.0% |
| Reserves | 13 | €103,425 | €103,425 | = | 0.0% |
| Distributable reserves | 133 | €103,425 | €103,425 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,960 | -€104,150 | -€5,190 | -5.2% |
| Amounts payable | 17/49 | €342,150 | €339,465 | -€2,685 | -0.8% |
| Amounts payable after more than one year | 17 | €30,000 | - | -€30,000 | |
| Financial debts | 170/4 | €30,000 | - | -€30,000 | |
| Amounts payable within one year | 42/48 | €311,548 | €337,976 | +€26,428 | +8.5% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €8,776 | €13,484 | +€4,709 | +53.7% |
| Suppliers | 440/4 | €8,776 | €13,484 | +€4,709 | +53.7% |
| Taxes, remuneration and social security | 45 | €7,028 | €4,160 | -€2,869 | -40.8% |
| Taxes | 450/3 | €6,741 | €4,160 | -€2,582 | -38.3% |
| Remuneration and social security | 454/9 | €287 | - | -€287 | |
| Other amounts payable | 47/48 | €265,744 | €290,332 | +€24,588 | +9.3% |
| Accrued charges and deferred income | 492/3 | €602 | €1,489 | +€888 | +148% |
| Non-recurring operating income | 76A | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,887 | €30,981 | +€16,095 | +108% |
| Other operating charges | 640/8 | €13,878 | €6,764 | -€7,114 | -51.3% |
| Gross operating margin | 9900 | €5,178 | €35,080 | +€29,903 | +578% |
| Operating profit (loss) | 9901 | -€23,587 | -€2,665 | +€20,922 | +88.7% |
| Financial income | 75/76B | €38 | €451 | +€413 | +1,079% |
| Recurring financial income | 75 | €38 | €451 | +€413 | +1,079% |
| Financial charges | 65/66B | €6,077 | €2,835 | -€3,242 | -53.4% |
| Recurring financial charges | 65 | €6,077 | €2,835 | -€3,242 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,626 | -€5,049 | +€24,577 | +83.0% |
| Income taxes | 67/77 | €207 | €141 | -€66 | -32.0% |
| Profit (loss) for the period | 9904 | -€29,833 | -€5,190 | +€24,643 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,833 | -€5,190 | +€24,643 | +82.6% |
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 17 October 2026 via checked.be.