BLOCKERYE: 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.
BLOCKERYE
Largest movements
- Receivables within one year +€111,738
up €111,738 (+33.6%), from €332,806 to €444,544
of which Trade receivables: +€177,877
- Cash -€95,968
down €95,968 (-16.9%), from €568,620 to €472,651
mainly Investment in fixed assets (net) (-€377,739) and Receivables within one year (-€111,738)
- Stocks and contracts -€55,937
down €55,937 (-16.5%), from €338,450 to €282,513
- Trade debts -€87,598
down €87,598 (-53.0%), from €165,376 to €77,778
- Tax, wage and social debts +€47,577
up €47,577 (+121.0%), from €39,317 to €86,894
of which Remuneration and social security: +€48,639
- Gross operating margin -€60,477
down €60,477 (-2.9%), from €2.1m to €2.0m
- Depreciation +€58,685
up €58,685 (+17.6%), from €332,953 to €391,638
- Taxes -€22,569
down €22,569 (-69.4%), from €32,525 to €9,955
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,255,299 | €2,207,673 | -€47,626 | -2.1% |
| Fixed assets | 21/28 | €1,005,479 | €991,580 | -€13,899 | -1.4% |
| Tangible fixed assets | 22/27 | €1,002,695 | €988,797 | -€13,899 | -1.4% |
| Land and buildings | 22 | €2,487 | €2,132 | -€355 | -14.3% |
| Plant, machinery and equipment | 23 | €713,901 | €702,480 | -€11,421 | -1.6% |
| Furniture and vehicles | 24 | €286,308 | €281,598 | -€4,710 | -1.6% |
| Other tangible fixed assets | 26 | - | €2,587 | +€2,587 | |
| Financial fixed assets | 28 | €2,784 | €2,784 | = | 0.0% |
| Current assets | 29/58 | €1,249,820 | €1,216,093 | -€33,727 | -2.7% |
| Stocks and contracts in progress | 3 | €338,450 | €282,513 | -€55,937 | -16.5% |
| Stocks | 30/36 | €338,450 | €282,513 | -€55,937 | -16.5% |
| Amounts receivable within one year | 40/41 | €332,806 | €444,544 | +€111,738 | +33.6% |
| Trade receivables | 40 | €234,850 | €412,728 | +€177,877 | +75.7% |
| Other amounts receivable | 41 | €97,956 | €31,816 | -€66,140 | -67.5% |
| Cash at bank and in hand | 54/58 | €568,620 | €472,651 | -€95,968 | -16.9% |
| Deferred charges and accrued income | 490/1 | €9,944 | €16,385 | +€6,441 | +64.8% |
| Total equity and liabilities | 10/49 | €2,255,299 | €2,207,673 | -€47,626 | -2.1% |
| Equity | 10/15 | €1,993,580 | €1,980,081 | -€13,498 | -0.7% |
| Contributions | 10/11 | €66,931 | €66,931 | = | 0.0% |
| Capital | 10 | €66,931 | €66,931 | = | 0.0% |
| Issued capital | 100 | €66,931 | €66,931 | = | 0.0% |
| Reserves | 13 | €382,822 | €382,822 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,693 | €6,693 | = | 0.0% |
| Legal reserve | 130 | €6,693 | €6,693 | = | 0.0% |
| Distributable reserves | 133 | €376,129 | €376,129 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,543,826 | €1,530,328 | -€13,498 | -0.9% |
| Amounts payable | 17/49 | €261,719 | €227,592 | -€34,127 | -13.0% |
| Amounts payable within one year | 42/48 | €258,531 | €224,835 | -€33,695 | -13.0% |
| Trade debts | 44 | €165,376 | €77,778 | -€87,598 | -53.0% |
| Suppliers | 440/4 | €165,376 | €77,778 | -€87,598 | -53.0% |
| Taxes, remuneration and social security | 45 | €39,317 | €86,894 | +€47,577 | +121.0% |
| Taxes | 450/3 | €4,115 | €3,053 | -€1,062 | -25.8% |
| Remuneration and social security | 454/9 | €35,202 | €83,841 | +€48,639 | +138.2% |
| Other amounts payable | 47/48 | €53,838 | €60,164 | +€6,326 | +11.7% |
| Accrued charges and deferred income | 492/3 | €3,188 | €2,756 | -€432 | -13.5% |
| Remuneration, social security and pensions | 62 | €1,559,304 | €1,566,378 | +€7,074 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332,953 | €391,638 | +€58,685 | +17.6% |
| Other operating charges | 640/8 | €9,238 | €18,809 | +€9,571 | +103.6% |
| Gross operating margin | 9900 | €2,087,204 | €2,026,727 | -€60,477 | -2.9% |
| Operating profit (loss) | 9901 | €185,709 | €49,902 | -€135,807 | -73.1% |
| Financial income | 75/76B | €9,409 | €9,164 | -€245 | -2.6% |
| Recurring financial income | 75 | €9,409 | €9,164 | -€245 | -2.6% |
| Financial charges | 65/66B | €11,239 | €12,609 | +€1,370 | +12.2% |
| Recurring financial charges | 65 | €11,239 | €12,609 | +€1,370 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €183,879 | €46,457 | -€137,422 | -74.7% |
| Income taxes | 67/77 | €32,525 | €9,955 | -€22,569 | -69.4% |
| Profit (loss) for the period | 9904 | €151,354 | €36,502 | -€114,853 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €151,354 | €36,502 | -€114,853 | -75.9% |
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 7 October 2026 via checked.be.