BLOCKMANS: 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.
BLOCKMANS
Largest movements
- Receivables within one year +€29,381
up €29,381 (+23.8%), from €123,455 to €152,836
of which Trade receivables: +€30,169
- Cash +€19,737
up €19,737 (+257%), from €7,677 to €27,414
mainly Accrued charges and deferred income (+€50,000) and Trade debts (+€48,183)
- Stocks and contracts -€10,000
down €10,000 (-7.1%), from €141,081 to €131,081
of which Contracts in progress: -€10,000
- Tangible fixed assets -€4,382
down €4,382 (-26.7%), from €16,394 to €12,013
- Other debts -€85,117
down €85,117 (-27.2%), from €313,320 to €228,203
- Accrued charges and deferred income +€50,000
new in 2025: €50,000
- Trade debts +€48,183
up €48,183 (+1,056%), from €4,562 to €52,745
- Profit (loss) carried forward +€40,307
up €40,307 (+26.9%), from -€149,733 to -€109,426
- Short-term financial debts -€19,983
down €19,983 (-20.6%), from €97,178 to €77,195
- Gross operating margin +€71,861
up €71,861 (+318%), from €22,631 to €94,492
- Staff costs +€25,299
up €25,299 (+1,501%), from €1,686 to €26,985
- Depreciation -€5,418
down €5,418 (-42.3%), from €12,796 to €7,378
- Financial charges +€2,288
up €2,288 (+16.1%), from €14,247 to €16,535
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 | €294,135 | €331,199 | +€37,065 | +12.6% |
| Fixed assets | 21/28 | €21,398 | €17,016 | -€4,382 | -20.5% |
| Tangible fixed assets | 22/27 | €16,394 | €12,013 | -€4,382 | -26.7% |
| Plant, machinery and equipment | 23 | €8,453 | €6,472 | -€1,980 | -23.4% |
| Furniture and vehicles | 24 | €5,802 | €3,668 | -€2,134 | -36.8% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €2,139 | €1,872 | -€267 | -12.5% |
| Financial fixed assets | 28 | €5,004 | €5,004 | = | 0.0% |
| Current assets | 29/58 | €272,736 | €314,183 | +€41,447 | +15.2% |
| Stocks and contracts in progress | 3 | €141,081 | €131,081 | -€10,000 | -7.1% |
| Stocks | 30/36 | €99,081 | €99,081 | = | 0.0% |
| Contracts in progress | 37 | €42,000 | €32,000 | -€10,000 | -23.8% |
| Amounts receivable within one year | 40/41 | €123,455 | €152,836 | +€29,381 | +23.8% |
| Trade receivables | 40 | €118,378 | €148,547 | +€30,169 | +25.5% |
| Other amounts receivable | 41 | €5,078 | €4,289 | -€788 | -15.5% |
| Cash at bank and in hand | 54/58 | €7,677 | €27,414 | +€19,737 | +257% |
| Deferred charges and accrued income | 490/1 | €522 | €2,851 | +€2,329 | +446% |
| Total equity and liabilities | 10/49 | €294,135 | €331,199 | +€37,065 | +12.6% |
| Equity | 10/15 | -€121,529 | -€81,222 | +€40,307 | +33.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,613 | €9,613 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,753 | €7,753 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,733 | -€109,426 | +€40,307 | +26.9% |
| Amounts payable | 17/49 | €415,663 | €412,421 | -€3,242 | -0.8% |
| Amounts payable within one year | 42/48 | €415,663 | €362,421 | -€53,242 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | - | €1,709 | +€1,709 | |
| Financial debts | 43 | €97,178 | €77,195 | -€19,983 | -20.6% |
| Credit institutions | 430/8 | €97,178 | €77,195 | -€19,983 | -20.6% |
| Trade debts | 44 | €4,562 | €52,745 | +€48,183 | +1,056% |
| Suppliers | 440/4 | €4,562 | €52,745 | +€48,183 | +1,056% |
| Taxes, remuneration and social security | 45 | €602 | €2,569 | +€1,967 | +327% |
| Taxes | 450/3 | €602 | €2,569 | +€1,967 | +327% |
| Other amounts payable | 47/48 | €313,320 | €228,203 | -€85,117 | -27.2% |
| Accrued charges and deferred income | 492/3 | - | €50,000 | +€50,000 | |
| Remuneration, social security and pensions | 62 | €1,686 | €26,985 | +€25,299 | +1,501% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,796 | €7,378 | -€5,418 | -42.3% |
| Other operating charges | 640/8 | €1,676 | €2,220 | +€544 | +32.5% |
| Gross operating margin | 9900 | €22,631 | €94,492 | +€71,861 | +318% |
| Operating profit (loss) | 9901 | €6,473 | €57,909 | +€51,436 | +795% |
| Financial income | 75/76B | €4 | €44 | +€40 | +973% |
| Recurring financial income | 75 | €4 | €44 | +€40 | +973% |
| Financial charges | 65/66B | €14,247 | €16,535 | +€2,288 | +16.1% |
| Recurring financial charges | 65 | €14,247 | €16,535 | +€2,288 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,769 | €41,418 | +€49,188 | |
| Income taxes | 67/77 | €602 | €1,111 | +€509 | +84.6% |
| Profit (loss) for the period | 9904 | -€8,372 | €40,307 | +€48,678 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,372 | €40,307 | +€48,678 |
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 21 October 2026 via checked.be.