BLOC GROUP: 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.
BLOC GROUP
Largest movements
- Receivables within one year +€150,756
up €150,756 (+104%), from €145,132 to €295,888
of which Trade receivables: +€106,803
- Cash +€42,283
up €42,283 (+196%), from €21,554 to €63,837
mainly Trade debts (+€151,860) and Net result for the year (+€24,597)
- Tangible fixed assets -€18,263
down €18,263 (-34.7%), from €52,592 to €34,329
of which Furniture and vehicles: -€11,967
- Trade debts +€151,860
up €151,860 (+351%), from €43,293 to €195,153
- Profit (loss) carried forward +€24,597
up €24,597 (+51.2%), from €48,029 to €72,626
- Debts after one year +€20,105
up €20,105 (+84.9%), from €23,679 to €43,785
of which Other amounts payable: +€29,367
- Other debts -€14,164
down €14,164 (-92.8%), from €15,263 to €1,099
- Current portion of long-term debt -€6,614
down €6,614 (-39.9%), from €16,575 to €9,961
- Gross operating margin +€59,685
up €59,685 (+93.0%), from €64,202 to €123,887
- Other operating charges +€46,029
up €46,029 (+3,763%), from €1,223 to €47,252
- Staff costs +€7,055
up €7,055 (+52.9%), from €13,347 to €20,402
- Taxes +€3,415
up €3,415 (+32.6%), from €10,465 to €13,880
- Depreciation -€2,277
down €2,277 (-12.7%), from €17,950 to €15,673
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,140 | €395,168 | +€172,028 | +77.1% |
| Fixed assets | 21/28 | €56,454 | €35,443 | -€21,011 | -37.2% |
| Tangible fixed assets | 22/27 | €52,592 | €34,329 | -€18,263 | -34.7% |
| Land and buildings | 22 | €7,446 | €6,120 | -€1,326 | -17.8% |
| Plant, machinery and equipment | 23 | €2,592 | €4,735 | +€2,144 | +82.7% |
| Furniture and vehicles | 24 | €14,688 | €2,721 | -€11,967 | -81.5% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €27,866 | €20,753 | -€7,113 | -25.5% |
| Financial fixed assets | 28 | €3,863 | €1,115 | -€2,748 | -71.1% |
| Current assets | 29/58 | €166,686 | €359,725 | +€193,039 | +116% |
| Amounts receivable within one year | 40/41 | €145,132 | €295,888 | +€150,756 | +104% |
| Trade receivables | 40 | €145,132 | €251,934 | +€106,803 | +73.6% |
| Other amounts receivable | 41 | €0 | €43,954 | +€43,954 | |
| Cash at bank and in hand | 54/58 | €21,554 | €63,837 | +€42,283 | +196% |
| Total equity and liabilities | 10/49 | €223,140 | €395,168 | +€172,028 | +77.1% |
| Equity | 10/15 | €90,835 | €115,432 | +€24,597 | +27.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €36,507 | €36,507 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €34,652 | €34,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,029 | €72,626 | +€24,597 | +51.2% |
| Amounts payable | 17/49 | €132,305 | €279,735 | +€147,431 | +111% |
| Amounts payable after more than one year | 17 | €23,679 | €43,785 | +€20,105 | +84.9% |
| Financial debts | 170/4 | €23,679 | €14,418 | -€9,261 | -39.1% |
| Other amounts payable | 178/9 | - | €29,367 | +€29,367 | |
| Amounts payable within one year | 42/48 | €108,625 | €235,664 | +€127,039 | +117% |
| Current portion of amounts payable after more than one year | 42 | €16,575 | €9,961 | -€6,614 | -39.9% |
| Financial debts | 43 | €66 | €0 | -€66 | -100% |
| Credit institutions | 430/8 | €66 | €0 | -€66 | -100% |
| Trade debts | 44 | €43,293 | €195,153 | +€151,860 | +351% |
| Suppliers | 440/4 | €43,293 | €195,153 | +€151,860 | +351% |
| Taxes, remuneration and social security | 45 | €33,428 | €29,451 | -€3,977 | -11.9% |
| Taxes | 450/3 | €33,428 | €26,193 | -€7,235 | -21.6% |
| Remuneration and social security | 454/9 | €0 | €3,258 | +€3,258 | |
| Other amounts payable | 47/48 | €15,263 | €1,099 | -€14,164 | -92.8% |
| Accrued charges and deferred income | 492/3 | - | €286 | +€286 | |
| Remuneration, social security and pensions | 62 | €13,347 | €20,402 | +€7,055 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,950 | €15,673 | -€2,277 | -12.7% |
| Other operating charges | 640/8 | €1,223 | €47,252 | +€46,029 | +3,763% |
| Gross operating margin | 9900 | €64,202 | €123,887 | +€59,685 | +93.0% |
| Operating profit (loss) | 9901 | €31,681 | €40,560 | +€8,879 | +28.0% |
| Financial income | 75/76B | €46 | €0 | -€46 | -100% |
| Recurring financial income | 75 | €46 | €0 | -€46 | -100% |
| Financial charges | 65/66B | €2,582 | €2,082 | -€499 | -19.3% |
| Recurring financial charges | 65 | €2,582 | €2,082 | -€499 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €29,145 | €38,477 | +€9,332 | +32.0% |
| Income taxes | 67/77 | €10,465 | €13,880 | +€3,415 | +32.6% |
| Profit (loss) for the period | 9904 | €18,680 | €24,597 | +€5,917 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,680 | €24,597 | +€5,917 | +31.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.