BLM: what changed
What changed
BLM
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€172,047
2024 · €454,941-€282,893
Equity
€9.1m
2024 · €9.0m+€172,047
Cash
€851,822
2024 · €507,263+€344,559
Balance sheet total
€10.1m
2024 · €10.1m-€22,641
Largest movements
Assets
- Current investments +€946,557
up €946,557 (+49.0%), from €1.9m to €2.9m
- Receivables within one year -€512,453
down €512,453 (-37.0%), from €1.4m to €872,826
of which Other amounts receivable: -€499,921
- Stocks and contracts -€440,300
down €440,300 (-37.6%), from €1.2m to €729,363
- Tangible fixed assets -€363,492
down €363,492 (-7.8%), from €4.6m to €4.3m
of which Land and buildings: -€249,666
- Cash +€344,559
up €344,559 (+67.9%), from €507,263 to €851,822
mainly Receivables within one year (+€512,453) and Stocks and contracts (+€440,300)
Equity and liabilities
- Reserves +€172,047
up €172,047 (+2.0%), from €8.8m to €8.9m
of which Distributable reserves: +€484,886
- Debts after one year -€155,402
down €155,402 (-17.5%), from €889,815 to €734,413
of which Financial debts: -€153,865
Income statement
- Other operating income -€509,511
down €509,511 (-36.1%), from €1.4m to €903,361
- Services and other goods -€247,374
down €247,374 (-26.4%), from €937,440 to €690,066
- Taxes -€109,785
down €109,785 (-63.1%), from €174,065 to €64,280
of which Taxes: -€109,785
- Financial income -€96,667
down €96,667 (-64.1%), from €150,829 to €54,163
of which Financial income: -€96,378
- Goods and materials +€70,301
up €70,301 (+17.9%), from €392,000 to €462,301
of which Change in stocks: decrease (increase): +€168,200
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€454,941
Turnover
+€4,283
Other operating income
-€509,511
Goods and materials
-€70,301
Services and other goods
+€247,374
Staff costs
+€8,417
Depreciation
+€13,765
Other operating charges
-€1,498
Financial income
-€96,667
Financial charges
+€11,458
Taxes
+€109,785
Result 2025
€172,047
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.5m
Investment
-€947,680
Financing
-€196,503
Cash 2024
€507,263
From operations (derived)
+€1.5m
Net result for the year
+€172,047
Depreciation
+€364,298
Stocks and contracts
+€440,300
Receivables within one year
+€512,453
Smaller working-capital items
-€4,841
Trade debts
+€4,485
Investment (derived)
-€947,680
Investment in fixed assets (net)
-€1,122
Current investments
-€946,557
Financing
-€196,503
Debts after one year
-€155,402
Current portion of long-term debt
-€41,101
Cash 2025
€851,822
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,095,502 | €10,072,860 | -€22,641 | -0.2% |
| Fixed assets | 21/28 | €5,092,562 | €4,729,387 | -€363,175 | -7.1% |
| Tangible fixed assets | 22/27 | €4,638,206 | €4,274,715 | -€363,492 | -7.8% |
| Land and buildings | 22 | €4,013,551 | €3,763,885 | -€249,666 | -6.2% |
| Plant, machinery and equipment | 23 | €56,596 | €41,056 | -€15,541 | -27.5% |
| Furniture and vehicles | 24 | €550,138 | €457,420 | -€92,718 | -16.9% |
| Other tangible fixed assets | 26 | €17,920 | €12,354 | -€5,566 | -31.1% |
| Financial fixed assets | 28 | €454,356 | €454,672 | +€316 | +0.1% |
| Affiliated companies | 280/1 | €450,002 | €450,002 | = | 0.0% |
| Participating interests | 280 | €450,002 | €450,002 | = | 0.0% |
| Other financial fixed assets | 284/8 | €4,354 | €4,670 | +€316 | +7.3% |
| Shares | 284 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €4,354 | €4,670 | +€316 | +7.3% |
| Current assets | 29/58 | €5,002,939 | €5,343,473 | +€340,534 | +6.8% |
| Stocks and contracts in progress | 3 | €1,169,663 | €729,363 | -€440,300 | -37.6% |
| Stocks | 30/36 | €1,169,663 | €729,363 | -€440,300 | -37.6% |
| Goods purchased for resale | 34 | €1,169,663 | €729,363 | -€440,300 | -37.6% |
| Amounts receivable within one year | 40/41 | €1,385,279 | €872,826 | -€512,453 | -37.0% |
| Trade receivables | 40 | €84,027 | €71,495 | -€12,532 | -14.9% |
| Other amounts receivable | 41 | €1,301,252 | €801,331 | -€499,921 | -38.4% |
| Current investments | 50/53 | €1,931,559 | €2,878,116 | +€946,557 | +49.0% |
| Other investments | 51/53 | €1,931,559 | €2,878,116 | +€946,557 | +49.0% |
| Cash at bank and in hand | 54/58 | €507,263 | €851,822 | +€344,559 | +67.9% |
| Deferred charges and accrued income | 490/1 | €9,175 | €11,345 | +€2,171 | +23.7% |
| Total equity and liabilities | 10/49 | €10,095,502 | €10,072,860 | -€22,641 | -0.2% |
| Equity | 10/15 | €8,953,204 | €9,125,252 | +€172,047 | +1.9% |
| Contributions | 10/11 | €179,323 | €179,323 | = | 0.0% |
| Capital | 10 | €179,323 | €179,323 | = | 0.0% |
| Issued capital | 100 | €179,323 | €179,323 | = | 0.0% |
| Reserves | 13 | €8,773,881 | €8,945,928 | +€172,047 | +2.0% |
| Non-distributable reserves | 130/1 | €110,090 | €110,090 | = | 0.0% |
| Legal reserve | 130 | €110,090 | €110,090 | = | 0.0% |
| Tax-exempt reserves | 132 | €469,257 | €156,419 | -€312,838 | -66.7% |
| Distributable reserves | 133 | €8,194,534 | €8,679,420 | +€484,886 | +5.9% |
| Amounts payable | 17/49 | €1,142,297 | €947,609 | -€194,689 | -17.0% |
| Amounts payable after more than one year | 17 | €889,815 | €734,413 | -€155,402 | -17.5% |
| Financial debts | 170/4 | €884,467 | €730,602 | -€153,865 | -17.4% |
| Credit institutions | 173 | €884,467 | €730,602 | -€153,865 | -17.4% |
| Other amounts payable | 178/9 | €5,348 | €3,811 | -€1,537 | -28.7% |
| Amounts payable within one year | 42/48 | €247,798 | €209,548 | -€38,249 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €194,966 | €153,865 | -€41,101 | -21.1% |
| Trade debts | 44 | €3,336 | €7,821 | +€4,485 | +134% |
| Suppliers | 440/4 | €3,336 | €7,821 | +€4,485 | +134% |
| Taxes, remuneration and social security | 45 | €49,495 | €47,715 | -€1,780 | -3.6% |
| Taxes | 450/3 | €18,751 | €20,095 | +€1,344 | +7.2% |
| Remuneration and social security | 454/9 | €30,744 | €27,620 | -€3,124 | -10.2% |
| Other amounts payable | 47/48 | €0 | €148 | +€148 | |
| Accrued charges and deferred income | 492/3 | €4,685 | €3,647 | -€1,038 | -22.2% |
| Operating income | 70/76A | €2,557,673 | €2,052,445 | -€505,227 | -19.8% |
| Turnover | 70 | €1,144,801 | €1,149,084 | +€4,283 | +0.4% |
| Other operating income | 74 | €1,412,872 | €903,361 | -€509,511 | -36.1% |
| Operating charges | 60/66A | €2,034,522 | €1,836,765 | -€197,757 | -9.7% |
| Goods for resale, raw materials and consumables | 60 | €392,000 | €462,301 | +€70,301 | +17.9% |
| Purchases | 600/8 | €119,900 | €22,001 | -€97,899 | -81.7% |
| Change in stocks: decrease (increase) | 609 | €272,100 | €440,300 | +€168,200 | +61.8% |
| Services and other goods | 61 | €937,440 | €690,066 | -€247,374 | -26.4% |
| Remuneration, social security and pensions | 62 | €280,694 | €272,277 | -€8,417 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378,063 | €364,298 | -€13,765 | -3.6% |
| Other operating charges | 640/8 | €46,325 | €47,824 | +€1,498 | +3.2% |
| Operating profit (loss) | 9901 | €523,151 | €215,681 | -€307,470 | -58.8% |
| Financial income | 75/76B | €150,829 | €54,163 | -€96,667 | -64.1% |
| Recurring financial income | 75 | €150,541 | €54,163 | -€96,378 | -64.0% |
| Income from financial fixed assets | 750 | €18,487 | €23,683 | +€5,195 | +28.1% |
| Income from current assets | 751 | €265 | €0 | -€265 | -100% |
| Other financial income | 752/9 | €131,789 | €30,480 | -€101,308 | -76.9% |
| Non-recurring financial income | 76B | €289 | €0 | -€289 | -100% |
| Financial charges | 65/66B | €44,974 | €33,516 | -€11,458 | -25.5% |
| Recurring financial charges | 65 | €44,974 | €33,516 | -€11,458 | -25.5% |
| Debt charges | 650 | €42,614 | €31,269 | -€11,346 | -26.6% |
| Other financial charges | 652/9 | €2,360 | €2,247 | -€112 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €629,006 | €236,328 | -€392,678 | -62.4% |
| Income taxes | 67/77 | €174,065 | €64,280 | -€109,785 | -63.1% |
| Taxes | 670/3 | €174,065 | €64,280 | -€109,785 | -63.1% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period | 9904 | €454,941 | €172,047 | -€282,893 | -62.2% |
| Transfer from tax-exempt reserves | 789 | €250,271 | €312,838 | +€62,568 | +25.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €705,211 | €484,886 | -€220,326 | -31.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.