BLM HOLDING: 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.
What changed
BLM HOLDING
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.1m
2024 · €1.2m+€867,905
Equity
€3.4m
2024 · €4.0m-€596,664
Cash
€58,633
2024 · €61,819-€3,186
Balance sheet total
€12.3m
2024 · €12.4m-€134,928
Largest movements
Assets
- Receivables within one year -€131,742
down €131,742 (-32.8%), from €401,301 to €269,558
Equity and liabilities
- Other debts +€1.6m
up €1.6m (+117.5%), from €1.4m to €3.0m
- Debts after one year -€1,000,000
down €1,000,000 (-17.9%), from €5.6m to €4.6m
- Reserves -€596,664
down €596,664 (-15.1%), from €4.0m to €3.4m
of which Distributable reserves: -€488,502
Income statement
- Other operating income +€1.0m
new in 2025: €1.0m
- Services and other goods +€966,588
up €966,588 (+171.6%), from €563,318 to €1.5m
- Turnover +€649,033
up €649,033 (+102.5%), from €633,000 to €1.3m
- Financial income +€281,800
up €281,800 (+22.5%), from €1.3m to €1.5m
- Financial charges +€95,940
up €95,940 (+113.9%), from €84,251 to €180,191
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.
Result 2024
€1.2m
Turnover
+€649,033
Other operating income
+€1.0m
Services and other goods
-€966,588
Other operating charges
-€400
Financial income
+€281,800
Financial charges
-€95,940
Result 2025
€2.1m
Cash bridge derived
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.
From operations
+€3.7m
Investment
€0
Financing
-€3.7m
Cash 2024
€61,819
From operations (derived)
+€3.7m
Net result for the year
+€2.1m
Receivables within one year
+€131,742
Trade debts
-€73,650
Tax, wage and social debts
-€58,114
Other debts
+€1.6m
Financing
-€3.7m
Debts after one year
-€1,000,000
Contributions, distributions and other
-€2.7m
Cash 2025
€58,633
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,391,326 | €12,256,397 | -€134,928 | -1.1% |
| Fixed assets | 21/28 | €11,928,206 | €11,928,206 | = | 0.0% |
| Financial fixed assets | 28 | €11,928,206 | €11,928,206 | = | 0.0% |
| Affiliated companies | 280/1 | €11,928,206 | €11,928,206 | = | 0.0% |
| Participating interests | 280 | €11,928,206 | €11,928,206 | = | 0.0% |
| Current assets | 29/58 | €463,120 | €328,192 | -€134,928 | -29.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €401,301 | €269,558 | -€131,742 | -32.8% |
| Other amounts receivable | 41 | €401,301 | €269,558 | -€131,742 | -32.8% |
| Cash at bank and in hand | 54/58 | €61,819 | €58,633 | -€3,186 | -5.2% |
| Total equity and liabilities | 10/49 | €12,391,326 | €12,256,397 | -€134,928 | -1.1% |
| Equity | 10/15 | €4,017,137 | €3,420,473 | -€596,664 | -14.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,955,137 | €3,358,473 | -€596,664 | -15.1% |
| Non-distributable reserves | 130/1 | €38,063 | €38,063 | = | 0.0% |
| Legal reserve | 130 | €38,063 | €38,063 | = | 0.0% |
| Tax-exempt reserves | 132 | €162,243 | €54,081 | -€108,162 | -66.7% |
| Distributable reserves | 133 | €3,754,831 | €3,266,329 | -€488,502 | -13.0% |
| Amounts payable | 17/49 | €8,374,189 | €8,835,925 | +€461,736 | +5.5% |
| Amounts payable after more than one year | 17 | €5,583,333 | €4,583,333 | -€1,000,000 | -17.9% |
| Financial debts | 170/4 | €5,583,333 | €4,583,333 | -€1,000,000 | -17.9% |
| Credit institutions | 173 | €5,583,333 | €4,583,333 | -€1,000,000 | -17.9% |
| Amounts payable within one year | 42/48 | €2,790,855 | €4,252,591 | +€1.5m | +52.4% |
| Current portion of amounts payable after more than one year | 42 | €1,000,000 | €1,000,000 | = | 0.0% |
| Trade debts | 44 | €84,704 | €11,054 | -€73,650 | -87.0% |
| Suppliers | 440/4 | €84,704 | €11,054 | -€73,650 | -87.0% |
| Taxes, remuneration and social security | 45 | €349,652 | €291,538 | -€58,114 | -16.6% |
| Taxes | 450/3 | €349,652 | €291,538 | -€58,114 | -16.6% |
| Other amounts payable | 47/48 | €1,356,500 | €2,950,000 | +€1.6m | +117.5% |
| Operating income | 70/76A | €633,000 | €2,282,033 | +€1.6m | +260.5% |
| Turnover | 70 | €633,000 | €1,282,033 | +€649,033 | +102.5% |
| Other operating income | 74 | - | €1,000,000 | +€1.0m | |
| Operating charges | 60/66A | €563,318 | €1,530,306 | +€966,988 | +171.7% |
| Services and other goods | 61 | €563,318 | €1,529,906 | +€966,588 | +171.6% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Operating profit (loss) | 9901 | €69,682 | €751,727 | +€682,045 | +978.8% |
| Financial income | 75/76B | €1,250,000 | €1,531,800 | +€281,800 | +22.5% |
| Recurring financial income | 75 | €1,250,000 | €1,531,800 | +€281,800 | +22.5% |
| Income from financial fixed assets | 750 | €1,250,000 | €1,531,800 | +€281,800 | +22.5% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €84,251 | €180,191 | +€95,940 | +113.9% |
| Recurring financial charges | 65 | €84,251 | €180,191 | +€95,940 | +113.9% |
| Debt charges | 650 | €84,234 | €180,075 | +€95,841 | +113.8% |
| Other financial charges | 652/9 | €17 | €115 | +€99 | +585.3% |
| Profit (loss) for the period before taxes | 9903 | €1,235,431 | €2,103,336 | +€867,905 | +70.3% |
| Profit (loss) for the period | 9904 | €1,235,431 | €2,103,336 | +€867,905 | +70.3% |
| Transfer from tax-exempt reserves | 789 | €86,530 | €108,162 | +€21,632 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,321,960 | €2,211,498 | +€889,538 | +67.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.