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BLOCKX: 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.

What changed

BLOCKX

BE 0439.481.759
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€7,516
2024 · -€15,441+€7,925
Equity
€976,521
2024 · €984,037-€7,516
Cash
€333,502
2024 · €73,114+€260,388
Balance sheet total
€977,370
2024 · €1.0m-€36,357

Largest movements

2024 to 2025
Assets
  • Cash +€260,388

    up €260,388 (+356%), from €73,114 to €333,502

    mainly Current investments (+€175,783) and Receivables within one year (+€93,250)

  • Current investments -€175,783

    down €175,783 (-41.7%), from €421,471 to €245,688

  • Receivables within one year -€93,250

    down €93,250 (-69.5%), from €134,147 to €40,897

    of which Other amounts receivable: -€91,250

  • Tangible fixed assets -€25,438

    down €25,438 (-6.7%), from €380,716 to €355,278

    of which Land and buildings: -€24,905

Equity and liabilities
  • Other debts -€29,155

    down €29,155 (-100%), from €29,155 to €0

Income statement
  • Financial income +€28,310

    up €28,310 (+205%), from €13,825 to €42,135

  • Financial charges +€13,815

    up €13,815 (+7,233%), from €191 to €14,005

  • Gross operating margin -€8,028

    down €8,028, from €5,431 to -€2,598

  • Depreciation -€2,165

    down €2,165 (-7.8%), from €27,604 to €25,438

  • Other operating charges +€707

    up €707 (+10.2%), from €6,902 to €7,609

From the 2024 result to the 2025 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 2024 -€15,441
Gross operating margin -€8,028
Depreciation +€2,165
Other operating charges -€707
Financial income +€28,310
Financial charges -€13,815
Result 2025 -€7,516
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€84,605
Investment +€175,783
Financing €0
Cash 2024 €73,114
Net result for the year -€7,516
Depreciation +€25,438
Receivables within one year +€93,250
Deferred charges and accrued income +€2,274
Trade debts +€314
Other debts -€29,155
Current investments +€175,783
Cash 2025 €333,502
brings cash intakes cash out
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,013,727 €977,370 -€36,357 -3.6%
Fixed assets 21/28 €382,561 €357,122 -€25,438 -6.6%
Tangible fixed assets 22/27 €380,716 €355,278 -€25,438 -6.7%
Land and buildings 22 €378,028 €353,123 -€24,905 -6.6%
Plant, machinery and equipment 23 €0 - =
Furniture and vehicles 24 €2,688 €2,155 -€533 -19.8%
Financial fixed assets 28 €1,845 €1,845 = 0.0%
Current assets 29/58 €631,167 €620,248 -€10,919 -1.7%
Amounts receivable within one year 40/41 €134,147 €40,897 -€93,250 -69.5%
Trade receivables 40 €2,000 €0 -€2,000 -100%
Other amounts receivable 41 €132,147 €40,897 -€91,250 -69.1%
Current investments 50/53 €421,471 €245,688 -€175,783 -41.7%
Cash at bank and in hand 54/58 €73,114 €333,502 +€260,388 +356%
Deferred charges and accrued income 490/1 €2,435 €161 -€2,274 -93.4%
Total equity and liabilities 10/49 €1,013,727 €977,370 -€36,357 -3.6%
Equity 10/15 €984,037 €976,521 -€7,516 -0.8%
Contributions 10/11 €385,593 €385,593 = 0.0%
Revaluation surpluses 12 €74,368 €74,368 = 0.0%
Reserves 13 €539,517 €539,517 = 0.0%
Tax-exempt reserves 132 €4,816 €4,816 = 0.0%
Distributable reserves 133 €534,701 €534,701 = 0.0%
Profit (loss) carried forward 14 -€15,441 -€22,958 -€7,516 -48.7%
Amounts payable 17/49 €29,691 €849 -€28,841 -97.1%
Amounts payable within one year 42/48 €29,691 €849 -€28,841 -97.1%
Trade debts 44 €535 €849 +€314 +58.7%
Suppliers 440/4 €535 €849 +€314 +58.7%
Other amounts payable 47/48 €29,155 €0 -€29,155 -100%
Accrued charges and deferred income 492/3 €0 - =
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €27,604 €25,438 -€2,165 -7.8%
Other operating charges 640/8 €6,902 €7,609 +€707 +10.2%
Gross operating margin 9900 €5,431 -€2,598 -€8,028
Operating profit (loss) 9901 -€29,075 -€35,645 -€6,570 -22.6%
Financial income 75/76B €13,825 €42,135 +€28,310 +205%
Recurring financial income 75 €13,825 €42,135 +€28,310 +205%
Financial charges 65/66B €191 €14,005 +€13,815 +7,233%
Recurring financial charges 65 €191 €14,005 +€13,815 +7,233%
Profit (loss) for the period before taxes 9903 -€15,441 -€7,516 +€7,925 +51.3%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 -€15,441 -€7,516 +€7,925 +51.3%
Profit (loss) for the period to be appropriated 9905 -€15,441 -€7,516 +€7,925 +51.3%

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 14 October 2026 via checked.be.