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BLMED: 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

BLMED

BE 0760.918.478
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€113,699
2023 · €87,518+€26,181
Equity
€3,658
2023 · €244,959-€241,301
Cash
€185,155
2023 · €124,725+€60,431
Balance sheet total
€398,085
2023 · €296,253+€101,832

Largest movements

2023 to 2024
Assets
  • Cash +€60,431

    up €60,431 (+48.5%), from €124,725 to €185,155

    mainly Other debts (+€355,000) and Net result for the year (+€113,699)

  • Receivables within one year +€29,568

    up €29,568 (+17.5%), from €169,017 to €198,585

    of which Other amounts receivable: +€28,394

  • Deferred charges and accrued income +€10,861

    up €10,861 (+752.0%), from €1,444 to €12,305

Equity and liabilities
  • Other debts +€355,000

    new in 2024: €355,000

  • Profit (loss) carried forward -€241,301

    down €241,301 (-99.7%), from €241,959 to €658

  • Tax, wage and social debts -€11,712

    down €11,712 (-23.1%), from €50,654 to €38,942

    of which Taxes: -€11,712

Income statement
  • Gross operating margin +€26,863

    up €26,863 (+23.9%), from €112,256 to €139,120

  • Taxes +€9,211

    up €9,211 (+37.9%), from €24,317 to €33,528

  • Financial income +€8,913

    up €8,913 (+619.3%), from €1,439 to €10,352

From the 2023 result to the 2024 result

effect on the 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 2023 €87,518
Gross operating margin +€26,863
Depreciation +€318
Other operating charges -€711
Financial income +€8,913
Financial charges +€9
Taxes -€9,211
Result 2024 €113,699

Cash bridge derived

cash 2023 to 2024

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.

From operations +€417,528
Investment -€1,997
Financing -€355,100
Cash 2023 €124,725
Net result for the year +€113,699
Depreciation +€1,024
Receivables within one year -€29,568
Deferred charges and accrued income -€10,861
Trade debts -€55
Tax, wage and social debts -€11,712
Other debts +€355,000
Investment in fixed assets (net) -€1,997
Short-term financial debts -€100
Contributions, distributions and other -€355,000
Cash 2024 €185,155
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €296,253 €398,085 +€101,832 +34.4%
Fixed assets 21/28 €1,068 €2,040 +€972 +91.0%
Tangible fixed assets 22/27 €1,068 €2,040 +€972 +91.0%
Plant, machinery and equipment 23 - €1,844 +€1,844
Furniture and vehicles 24 €1,068 €196 -€872 -81.6%
Current assets 29/58 €295,185 €396,045 +€100,860 +34.2%
Amounts receivable after more than one year 29 €0 - =
Other amounts receivable 291 €0 - =
Amounts receivable within one year 40/41 €169,017 €198,585 +€29,568 +17.5%
Trade receivables 40 €18,812 €19,986 +€1,174 +6.2%
Other amounts receivable 41 €150,205 €178,599 +€28,394 +18.9%
Cash at bank and in hand 54/58 €124,725 €185,155 +€60,431 +48.5%
Deferred charges and accrued income 490/1 €1,444 €12,305 +€10,861 +752.0%
Total equity and liabilities 10/49 €296,253 €398,085 +€101,832 +34.4%
Equity 10/15 €244,959 €3,658 -€241,301 -98.5%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €241,959 €658 -€241,301 -99.7%
Amounts payable 17/49 €51,294 €394,427 +€343,133 +669.0%
Amounts payable within one year 42/48 €51,294 €394,427 +€343,133 +669.0%
Financial debts 43 €100 €0 -€100 -100.0%
Credit institutions 430/8 €100 €0 -€100 -100.0%
Trade debts 44 €540 €484 -€55 -10.3%
Suppliers 440/4 €540 €484 -€55 -10.3%
Taxes, remuneration and social security 45 €50,654 €38,942 -€11,712 -23.1%
Taxes 450/3 €47,404 €35,692 -€11,712 -24.7%
Remuneration and social security 454/9 €3,250 €3,250 = 0.0%
Other amounts payable 47/48 - €355,000 +€355,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,343 €1,024 -€318 -23.7%
Other operating charges 640/8 €384 €1,095 +€711 +185.1%
Gross operating margin 9900 €112,256 €139,120 +€26,863 +23.9%
Operating profit (loss) 9901 €110,530 €137,000 +€26,470 +23.9%
Financial income 75/76B €1,439 €10,352 +€8,913 +619.3%
Recurring financial income 75 €1,439 €10,352 +€8,913 +619.3%
Financial charges 65/66B €134 €125 -€9 -6.9%
Recurring financial charges 65 €134 €125 -€9 -6.9%
Profit (loss) for the period before taxes 9903 €111,835 €147,227 +€35,392 +31.6%
Income taxes 67/77 €24,317 €33,528 +€9,211 +37.9%
Profit (loss) for the period 9904 €87,518 €113,699 +€26,181 +29.9%
Profit (loss) for the period to be appropriated 9905 €87,518 €113,699 +€26,181 +29.9%

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 29 September 2026 via checked.be.