BLK co-lab: 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.
BLK co-lab
Largest movements
- Cash +€25,828
up €25,828 (+64.3%), from €40,164 to €65,992
mainly Net result for the year (+€18,757) and Tax, wage and social debts (+€14,635)
- Stocks and contracts +€4,763
up €4,763 (+123%), from €3,862 to €8,624
- Profit (loss) carried forward +€18,757
up €18,757, from -€10,542 to €8,215
- Tax, wage and social debts +€14,635
up €14,635 (+85.8%), from €17,048 to €31,683
of which Taxes: +€16,974
- Trade debts -€4,227
down €4,227 (-82.8%), from €5,104 to €877
- Current portion of long-term debt -€3,247
down €3,247 (-26.1%), from €12,432 to €9,185
- Other debts +€2,340
up €2,340 (+205%), from €1,139 to €3,478
- Gross operating margin +€46,100
up €46,100 (+67.1%), from €68,691 to €114,792
- Staff costs +€21,536
up €21,536 (+50.7%), from €42,505 to €64,041
- Taxes +€8,610
up €8,610 (+140%), from €6,137 to €14,747
- Depreciation +€5,345
up €5,345 (+78.0%), from €6,854 to €12,199
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 | €94,236 | €125,664 | +€31,428 | +33.4% |
| Fixed assets | 21/28 | €49,965 | €50,620 | +€655 | +1.3% |
| Tangible fixed assets | 22/27 | €49,390 | €50,340 | +€950 | +1.9% |
| Land and buildings | 22 | €26,731 | €26,253 | -€477 | -1.8% |
| Plant, machinery and equipment | 23 | €15,524 | €17,714 | +€2,190 | +14.1% |
| Furniture and vehicles | 24 | €3,105 | €3,122 | +€18 | +0.6% |
| Other tangible fixed assets | 26 | €4,031 | €3,251 | -€780 | -19.3% |
| Financial fixed assets | 28 | €575 | €280 | -€295 | -51.3% |
| Current assets | 29/58 | €44,271 | €75,044 | +€30,773 | +69.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €3,862 | €8,624 | +€4,763 | +123% |
| Stocks | 30/36 | €3,862 | €8,624 | +€4,763 | +123% |
| Amounts receivable within one year | 40/41 | €245 | €428 | +€182 | +74.4% |
| Other amounts receivable | 41 | €245 | €428 | +€182 | +74.4% |
| Cash at bank and in hand | 54/58 | €40,164 | €65,992 | +€25,828 | +64.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €94,236 | €125,664 | +€31,428 | +33.4% |
| Equity | 10/15 | €46,278 | €65,035 | +€18,757 | +40.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,620 | €50,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,542 | €8,215 | +€18,757 | |
| Amounts payable | 17/49 | €47,958 | €60,629 | +€12,671 | +26.4% |
| Amounts payable after more than one year | 17 | €7,306 | €8,871 | +€1,565 | +21.4% |
| Financial debts | 170/4 | €7,306 | €8,871 | +€1,565 | +21.4% |
| Amounts payable within one year | 42/48 | €40,652 | €51,758 | +€11,106 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €12,432 | €9,185 | -€3,247 | -26.1% |
| Trade debts | 44 | €5,104 | €877 | -€4,227 | -82.8% |
| Suppliers | 440/4 | €5,104 | €877 | -€4,227 | -82.8% |
| Advances received on contracts in progress | 46 | €4,930 | €6,535 | +€1,605 | +32.6% |
| Taxes, remuneration and social security | 45 | €17,048 | €31,683 | +€14,635 | +85.8% |
| Taxes | 450/3 | €6,898 | €23,872 | +€16,974 | +246% |
| Remuneration and social security | 454/9 | €10,150 | €7,811 | -€2,339 | -23.0% |
| Other amounts payable | 47/48 | €1,139 | €3,478 | +€2,340 | +205% |
| Remuneration, social security and pensions | 62 | €42,505 | €64,041 | +€21,536 | +50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,854 | €12,199 | +€5,345 | +78.0% |
| Other operating charges | 640/8 | €3,008 | €3,475 | +€467 | +15.5% |
| Gross operating margin | 9900 | €68,691 | €114,792 | +€46,100 | +67.1% |
| Operating profit (loss) | 9901 | €16,324 | €35,077 | +€18,753 | +115% |
| Financial income | 75/76B | €85 | €103 | +€18 | +21.1% |
| Recurring financial income | 75 | €85 | €103 | +€18 | +21.1% |
| Financial charges | 65/66B | €822 | €1,677 | +€855 | +104% |
| Recurring financial charges | 65 | €822 | €1,677 | +€855 | +104% |
| Profit (loss) for the period before taxes | 9903 | €15,588 | €33,504 | +€17,916 | +115% |
| Income taxes | 67/77 | €6,137 | €14,747 | +€8,610 | +140% |
| Profit (loss) for the period | 9904 | €9,451 | €18,757 | +€9,306 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,451 | €18,757 | +€9,306 | +98.5% |
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 18 October 2026 via checked.be.