BLM RENOVATION: 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.
BLM RENOVATION
Largest movements
- Receivables within one year -€7,533
down €7,533 (-33.9%), from €22,226 to €14,693
of which Trade receivables: -€8,507
- Cash +€3,585
up €3,585 (+618%), from €580 to €4,165
mainly Receivables within one year (+€7,533) and Depreciation (+€2,272)
- Tangible fixed assets -€1,460
down €1,460 (-25.5%), from €5,723 to €4,263
of which Plant, machinery and equipment: -€2,266
- Tax, wage and social debts -€2,880
down €2,880 (-82.4%), from €3,496 to €616
- Trade debts -€2,690
down €2,690 (-14.2%), from €18,903 to €16,213
- Other operating charges -€3,340
down €3,340 (-91.9%), from €3,635 to €295
- Depreciation +€625
up €625 (+37.9%), from €1,647 to €2,272
- Financial income -€106
down €106 (-96.4%), from €110 to €4
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 | €31,510 | €25,936 | -€5,574 | -17.7% |
| Fixed assets | 21/28 | €5,723 | €4,263 | -€1,460 | -25.5% |
| Tangible fixed assets | 22/27 | €5,723 | €4,263 | -€1,460 | -25.5% |
| Plant, machinery and equipment | 23 | €5,723 | €3,457 | -€2,266 | -39.6% |
| Furniture and vehicles | 24 | - | €806 | +€806 | |
| Current assets | 29/58 | €25,787 | €21,672 | -€4,115 | -16.0% |
| Stocks and contracts in progress | 3 | €2,865 | €2,815 | -€50 | -1.7% |
| Stocks | 30/36 | €2,865 | €2,815 | -€50 | -1.7% |
| Amounts receivable within one year | 40/41 | €22,226 | €14,693 | -€7,533 | -33.9% |
| Trade receivables | 40 | €12,972 | €4,465 | -€8,507 | -65.6% |
| Other amounts receivable | 41 | €9,254 | €10,228 | +€974 | +10.5% |
| Cash at bank and in hand | 54/58 | €580 | €4,165 | +€3,585 | +618% |
| Deferred charges and accrued income | 490/1 | €117 | - | -€117 | |
| Total equity and liabilities | 10/49 | €31,510 | €25,936 | -€5,574 | -17.7% |
| Equity | 10/15 | €6,609 | €6,681 | +€72 | +1.1% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,109 | €2,181 | +€72 | +3.4% |
| Amounts payable | 17/49 | €24,901 | €19,254 | -€5,647 | -22.7% |
| Amounts payable within one year | 42/48 | €24,901 | €19,254 | -€5,647 | -22.7% |
| Trade debts | 44 | €18,903 | €16,213 | -€2,690 | -14.2% |
| Suppliers | 440/4 | €18,903 | €16,213 | -€2,690 | -14.2% |
| Taxes, remuneration and social security | 45 | €3,496 | €616 | -€2,880 | -82.4% |
| Taxes | 450/3 | €3,496 | €616 | -€2,880 | -82.4% |
| Other amounts payable | 47/48 | €2,503 | €2,426 | -€77 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,647 | €2,272 | +€625 | +37.9% |
| Other operating charges | 640/8 | €3,635 | €295 | -€3,340 | -91.9% |
| Non-recurring operating charges | 66A | - | €2,302 | +€2,302 | |
| Gross operating margin | 9900 | €5,671 | €5,699 | +€28 | +0.5% |
| Operating profit (loss) | 9901 | €389 | €830 | +€441 | +113% |
| Financial income | 75/76B | €110 | €4 | -€106 | -96.4% |
| Recurring financial income | 75 | €110 | €4 | -€106 | -96.4% |
| Financial charges | 65/66B | €180 | €140 | -€40 | -22.2% |
| Recurring financial charges | 65 | €180 | €140 | -€40 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €319 | €694 | +€375 | +118% |
| Income taxes | 67/77 | €590 | €621 | +€31 | +5.3% |
| Profit (loss) for the period | 9904 | -€271 | €72 | +€344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€271 | €72 | +€344 |
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 29 October 2026 via checked.be.