BLL: 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.
BLL
Largest movements
- Tangible fixed assets +€1.7m
up €1.7m (+86.5%), from €2.0m to €3.7m
of which Land and buildings: +€3.4m
- Cash -€210,289
down €210,289 (-75.1%), from €279,929 to €69,640
mainly Investment in fixed assets (net) (-€1.7m) and Trade debts (-€262,814)
- Debts after one year +€1.4m
up €1.4m (+93.6%), from €1.5m to €2.9m
- Other debts +€474,243
up €474,243 (+50.7%), from €935,203 to €1.4m
- Trade debts -€262,814
down €262,814 (-98.0%), from €268,125 to €5,312
- Profit (loss) carried forward -€112,548
down €112,548 (-38.3%), from -€294,060 to -€406,608
- Financial charges +€48,347
up €48,347 (+174.1%), from €27,778 to €76,125
- Depreciation +€26,703
new in 2024: €26,703
- Financial income +€4,280
new in 2024: €4,280
- Other operating charges -€3,326
down €3,326 (-49.3%), from €6,742 to €3,416
- Gross operating margin +€1,809
up €1,809 (+14.6%), from -€12,392 to -€10,584
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,483,188 | €3,981,142 | +€1.5m | +60.3% |
| Fixed assets | 21/28 | €1,959,184 | €3,654,178 | +€1.7m | +86.5% |
| Tangible fixed assets | 22/27 | €1,959,184 | €3,654,178 | +€1.7m | +86.5% |
| Land and buildings | 22 | €253,500 | €3,654,178 | +€3.4m | +1341.5% |
| Assets under construction and advance payments | 27 | €1,705,684 | - | -€1.7m | |
| Current assets | 29/58 | €524,004 | €326,964 | -€197,040 | -37.6% |
| Amounts receivable within one year | 40/41 | - | €6,710 | +€6,710 | |
| Other amounts receivable | 41 | - | €6,710 | +€6,710 | |
| Current investments | 50/53 | €244,076 | €248,756 | +€4,681 | +1.9% |
| Cash at bank and in hand | 54/58 | €279,929 | €69,640 | -€210,289 | -75.1% |
| Deferred charges and accrued income | 490/1 | - | €1,858 | +€1,858 | |
| Total equity and liabilities | 10/49 | €2,483,188 | €3,981,142 | +€1.5m | +60.3% |
| Equity | 10/15 | -€275,460 | -€388,008 | -€112,548 | -40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€294,060 | -€406,608 | -€112,548 | -38.3% |
| Amounts payable | 17/49 | €2,758,648 | €4,369,150 | +€1.6m | +58.4% |
| Amounts payable after more than one year | 17 | €1,503,708 | €2,911,535 | +€1.4m | +93.6% |
| Financial debts | 170/4 | €1,503,708 | €2,911,535 | +€1.4m | +93.6% |
| Amounts payable within one year | 42/48 | €1,254,940 | €1,457,614 | +€202,674 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €42,051 | €42,857 | +€806 | +1.9% |
| Trade debts | 44 | €268,125 | €5,312 | -€262,814 | -98.0% |
| Suppliers | 440/4 | €268,125 | €5,312 | -€262,814 | -98.0% |
| Taxes, remuneration and social security | 45 | €9,561 | - | -€9,561 | |
| Taxes | 450/3 | €9,561 | - | -€9,561 | |
| Other amounts payable | 47/48 | €935,203 | €1,409,446 | +€474,243 | +50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €26,703 | +€26,703 | |
| Other operating charges | 640/8 | €6,742 | €3,416 | -€3,326 | -49.3% |
| Gross operating margin | 9900 | -€12,392 | -€10,584 | +€1,809 | +14.6% |
| Operating profit (loss) | 9901 | -€19,135 | -€40,703 | -€21,568 | -112.7% |
| Financial income | 75/76B | - | €4,280 | +€4,280 | |
| Recurring financial income | 75 | - | €4,280 | +€4,280 | |
| Financial charges | 65/66B | €27,778 | €76,125 | +€48,347 | +174.1% |
| Recurring financial charges | 65 | €27,778 | €76,125 | +€48,347 | +174.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,913 | -€112,548 | -€65,635 | -139.9% |
| Profit (loss) for the period | 9904 | -€46,913 | -€112,548 | -€65,635 | -139.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,913 | -€112,548 | -€65,635 | -139.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.