BLKN: 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.
BLKN
Largest movements
- Cash -€42,931
down €42,931 (-77.4%), from €55,487 to €12,556
- Tangible fixed assets +€14,440
up €14,440 (+138.5%), from €10,427 to €24,867
- Receivables within one year -€6,818
down €6,818 (-65.2%), from €10,460 to €3,642
of which Trade receivables: -€7,744
- Profit (loss) carried forward -€18,688
down €18,688 (-47.0%), from €39,783 to €21,095
- Other debts -€13,808
down €13,808 (-48.1%), from €28,683 to €14,875
- Trade debts -€1,928
down €1,928 (-93.3%), from €2,066 to €139
- Tax, wage and social debts -€1,152
down €1,152 (-34.5%), from €3,342 to €2,191
of which Remuneration and social security: -€1,513
- Taxes +€13,816
new in 2025: €13,816
- Depreciation -€2,726
down €2,726 (-27.1%), from €10,047 to €7,321
- Gross operating margin +€333
up €333 (+7.2%), from €4,621 to €4,954
- Other operating charges +€157
up €157 (+13.8%), from €1,137 to €1,294
- Financial charges +€73
up €73 (+188.7%), from €39 to €111
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,375 | €41,066 | -€35,309 | -46.2% |
| Fixed assets | 21/28 | €10,427 | €24,867 | +€14,440 | +138.5% |
| Tangible fixed assets | 22/27 | €10,427 | €24,867 | +€14,440 | +138.5% |
| Furniture and vehicles | 24 | €10,427 | €24,867 | +€14,440 | +138.5% |
| Current assets | 29/58 | €65,948 | €16,198 | -€49,749 | -75.4% |
| Amounts receivable within one year | 40/41 | €10,460 | €3,642 | -€6,818 | -65.2% |
| Trade receivables | 40 | €7,744 | - | -€7,744 | |
| Other amounts receivable | 41 | €2,716 | €3,642 | +€926 | +34.1% |
| Cash at bank and in hand | 54/58 | €55,487 | €12,556 | -€42,931 | -77.4% |
| Total equity and liabilities | 10/49 | €76,375 | €41,066 | -€35,309 | -46.2% |
| Equity | 10/15 | €42,283 | €23,595 | -€18,688 | -44.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,783 | €21,095 | -€18,688 | -47.0% |
| Amounts payable | 17/49 | €34,092 | €17,471 | -€16,621 | -48.8% |
| Amounts payable within one year | 42/48 | €34,092 | €17,471 | -€16,621 | -48.8% |
| Current portion of amounts payable after more than one year | 42 | - | €176 | +€176 | |
| Trade debts | 44 | €2,066 | €139 | -€1,928 | -93.3% |
| Suppliers | 440/4 | €2,066 | €139 | -€1,928 | -93.3% |
| Advances received on contracts in progress | 46 | - | €90 | +€90 | |
| Taxes, remuneration and social security | 45 | €3,342 | €2,191 | -€1,152 | -34.5% |
| Taxes | 450/3 | - | €361 | +€361 | |
| Remuneration and social security | 454/9 | €3,342 | €1,829 | -€1,513 | -45.3% |
| Other amounts payable | 47/48 | €28,683 | €14,875 | -€13,808 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,047 | €7,321 | -€2,726 | -27.1% |
| Other operating charges | 640/8 | €1,137 | €1,294 | +€157 | +13.8% |
| Gross operating margin | 9900 | €4,621 | €4,954 | +€333 | +7.2% |
| Operating profit (loss) | 9901 | -€6,563 | -€3,661 | +€2,902 | +44.2% |
| Financial charges | 65/66B | €39 | €111 | +€73 | +188.7% |
| Recurring financial charges | 65 | €39 | €111 | +€73 | +188.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,601 | -€3,772 | +€2,829 | +42.9% |
| Income taxes | 67/77 | - | €13,816 | +€13,816 | |
| Profit (loss) for the period | 9904 | -€6,601 | -€17,588 | -€10,987 | -166.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,601 | -€17,588 | -€10,987 | -166.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.