BLLB: 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.
BLLB
Largest movements
- Receivables within one year +€51,254
up €51,254 (+144%), from €35,710 to €86,964
of which Trade receivables: +€54,450
- Tangible fixed assets -€13,641
down €13,641 (-27.2%), from €50,102 to €36,461
- Cash -€3,298
down €3,298 (-3.5%), from €94,693 to €91,395
mainly Contributions, distributions and other (-€224,237) and Receivables within one year (-€51,254)
- Other debts +€30,020
up €30,020 (+18.6%), from €161,217 to €191,237
- Tax, wage and social debts +€3,560
up €3,560 (+16.5%), from €21,511 to €25,071
- Gross operating margin +€57,085
up €57,085 (+22.8%), from €250,318 to €307,403
- Taxes +€12,286
up €12,286 (+21.8%), from €56,478 to €68,764
- Financial income -€6,367
down €6,367 (-98.6%), from €6,459 to €92
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 | €184,031 | €218,346 | +€34,314 | +18.6% |
| Fixed assets | 21/28 | €50,102 | €36,461 | -€13,641 | -27.2% |
| Tangible fixed assets | 22/27 | €50,102 | €36,461 | -€13,641 | -27.2% |
| Furniture and vehicles | 24 | €50,102 | €36,461 | -€13,641 | -27.2% |
| Current assets | 29/58 | €133,929 | €181,884 | +€47,955 | +35.8% |
| Amounts receivable within one year | 40/41 | €35,710 | €86,964 | +€51,254 | +144% |
| Trade receivables | 40 | €30,250 | €84,700 | +€54,450 | +180% |
| Other amounts receivable | 41 | €5,460 | €2,264 | -€3,196 | -58.5% |
| Cash at bank and in hand | 54/58 | €94,693 | €91,395 | -€3,298 | -3.5% |
| Deferred charges and accrued income | 490/1 | €3,525 | €3,525 | = | 0.0% |
| Total equity and liabilities | 10/49 | €184,031 | €218,346 | +€34,314 | +18.6% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €183,031 | €217,346 | +€34,314 | +18.7% |
| Amounts payable within one year | 42/48 | €183,031 | €217,346 | +€34,314 | +18.7% |
| Trade debts | 44 | €303 | €1,038 | +€735 | +243% |
| Suppliers | 440/4 | €303 | €1,038 | +€735 | +243% |
| Taxes, remuneration and social security | 45 | €21,511 | €25,071 | +€3,560 | +16.5% |
| Taxes | 450/3 | €21,511 | €25,071 | +€3,560 | +16.5% |
| Other amounts payable | 47/48 | €161,217 | €191,237 | +€30,020 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,165 | €13,641 | +€1,476 | +12.1% |
| Other operating charges | 640/8 | €771 | €786 | +€15 | +2.0% |
| Gross operating margin | 9900 | €250,318 | €307,403 | +€57,085 | +22.8% |
| Operating profit (loss) | 9901 | €237,383 | €292,976 | +€55,593 | +23.4% |
| Financial income | 75/76B | €6,459 | €92 | -€6,367 | -98.6% |
| Recurring financial income | 75 | €6,459 | €92 | -€6,367 | -98.6% |
| Financial charges | 65/66B | €47 | €67 | +€20 | +43.4% |
| Recurring financial charges | 65 | €47 | €67 | +€20 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | €243,795 | €293,001 | +€49,206 | +20.2% |
| Income taxes | 67/77 | €56,478 | €68,764 | +€12,286 | +21.8% |
| Profit (loss) for the period | 9904 | €187,317 | €224,237 | +€36,920 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €187,317 | €224,237 | +€36,920 | +19.7% |
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 21 October 2026 via checked.be.