BLOCKX 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.
What changed
BLOCKX GROUP
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€12,664
2024 · €416,224-€428,888
Equity
€27.4m
2024 · €27.4m-€12,664
Cash
€664,374
2024 · €328,436+€335,938
Balance sheet total
€39.9m
2024 · €39.7m+€269,349
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€452,751
down €452,751 (-76.6%), from €591,012 to €138,261
of which Financial income: -€487,940
- Turnover +€272,448
up €272,448 (+27.2%), from €1.0m to €1.3m
- Services and other goods +€191,536
up €191,536 (+37.1%), from €516,008 to €707,544
- Other operating income -€65,275
down €65,275 (-12.2%), from €535,227 to €469,951
- Taxes -€59,318
down €59,318 (-68.6%), from €86,450 to €27,133
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.
Result 2024
€416,224
Turnover
+€272,448
Other operating income
-€65,275
Services and other goods
-€191,536
Staff costs
-€42,195
Depreciation
+€1,065
Write-downs
-€46,928
Other operating charges
+€55,219
Other operating items
-€15,622
Financial income
-€452,751
Financial charges
-€2,631
Taxes
+€59,318
Result 2025
-€12,664
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€698,673
Investment
-€194,257
Financing
-€168,478
Cash 2024
€328,436
From operations (derived)
+€698,673
Net result for the year
-€12,664
Depreciation
+€246,512
Receivables after one year
+€8,000
Receivables within one year
-€89,683
Deferred charges and accrued income
+€96,018
Trade debts
+€240,946
Tax, wage and social debts
+€47,280
Other debts
+€171,812
Accrued charges and deferred income
-€9,548
Investment (derived)
-€194,257
Investment in fixed assets (net)
-€155,263
Current investments
-€38,994
Financing
-€168,478
Debts after one year
-€112,975
Current portion of long-term debt
-€55,502
Cash 2025
€664,374
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,675,514 | €39,944,863 | +€269,349 | +0.7% |
| Fixed assets | 21/28 | €30,919,540 | €30,828,291 | -€91,249 | -0.3% |
| Tangible fixed assets | 22/27 | €4,037,690 | €3,850,128 | -€187,562 | -4.6% |
| Land and buildings | 22 | €3,915,055 | €3,769,944 | -€145,111 | -3.7% |
| Furniture and vehicles | 24 | €122,635 | €80,184 | -€42,451 | -34.6% |
| Financial fixed assets | 28 | €26,881,850 | €26,978,163 | +€96,313 | +0.4% |
| Affiliated companies | 280/1 | €25,264,736 | €25,264,736 | = | 0.0% |
| Participating interests | 280 | €25,264,736 | €25,264,736 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €1,362,432 | €1,361,245 | -€1,187 | -0.1% |
| Participating interests | 282 | €1,362,432 | €1,361,245 | -€1,187 | -0.1% |
| Other financial fixed assets | 284/8 | €254,682 | €352,182 | +€97,500 | +38.3% |
| Shares | 284 | €254,682 | €352,182 | +€97,500 | +38.3% |
| Current assets | 29/58 | €8,755,974 | €9,116,572 | +€360,598 | +4.1% |
| Amounts receivable after more than one year | 29 | €4,729,000 | €4,721,000 | -€8,000 | -0.2% |
| Other amounts receivable | 291 | €4,729,000 | €4,721,000 | -€8,000 | -0.2% |
| Amounts receivable within one year | 40/41 | €2,171,121 | €2,260,804 | +€89,683 | +4.1% |
| Trade receivables | 40 | €513,392 | €609,890 | +€96,498 | +18.8% |
| Other amounts receivable | 41 | €1,657,729 | €1,650,914 | -€6,815 | -0.4% |
| Current investments | 50/53 | €1,005,417 | €1,044,411 | +€38,994 | +3.9% |
| Other investments | 51/53 | €1,005,417 | €1,044,411 | +€38,994 | +3.9% |
| Cash at bank and in hand | 54/58 | €328,436 | €664,374 | +€335,938 | +102% |
| Deferred charges and accrued income | 490/1 | €522,001 | €425,983 | -€96,018 | -18.4% |
| Total equity and liabilities | 10/49 | €39,675,514 | €39,944,863 | +€269,349 | +0.7% |
| Equity | 10/15 | €27,407,247 | €27,394,583 | -€12,664 | 0.0% |
| Contributions | 10/11 | €24,500,000 | €24,500,000 | = | 0.0% |
| Reserves | 13 | €2,907,247 | €2,894,583 | -€12,664 | -0.4% |
| Tax-exempt reserves | 132 | €694,650 | €564,819 | -€129,831 | -18.7% |
| Distributable reserves | 133 | €2,212,597 | €2,329,763 | +€117,167 | +5.3% |
| Amounts payable | 17/49 | €12,268,268 | €12,550,280 | +€282,013 | +2.3% |
| Amounts payable after more than one year | 17 | €112,975 | - | -€112,975 | |
| Financial debts | 170/4 | €112,975 | - | -€112,975 | |
| Credit institutions | 173 | €112,975 | - | -€112,975 | |
| Amounts payable within one year | 42/48 | €12,145,328 | €12,549,864 | +€404,536 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €168,478 | €112,975 | -€55,502 | -32.9% |
| Trade debts | 44 | €64,625 | €305,571 | +€240,946 | +373% |
| Suppliers | 440/4 | €64,625 | €305,571 | +€240,946 | +373% |
| Taxes, remuneration and social security | 45 | €69,649 | €116,929 | +€47,280 | +67.9% |
| Taxes | 450/3 | - | €49,838 | +€49,838 | |
| Remuneration and social security | 454/9 | €69,649 | €67,092 | -€2,557 | -3.7% |
| Other amounts payable | 47/48 | €11,842,576 | €12,014,388 | +€171,812 | +1.5% |
| Accrued charges and deferred income | 492/3 | €9,964 | €416 | -€9,548 | -95.8% |
| Operating income | 70/76A | €1,550,076 | €1,748,141 | +€198,065 | +12.8% |
| Turnover | 70 | €1,000,350 | €1,272,798 | +€272,448 | +27.2% |
| Other operating income | 74 | €535,227 | €469,951 | -€65,275 | -12.2% |
| Non-recurring operating income | 76A | €14,500 | €5,392 | -€9,108 | -62.8% |
| Operating charges | 60/66A | €1,395,805 | €1,626,693 | +€230,888 | +16.5% |
| Services and other goods | 61 | €516,008 | €707,544 | +€191,536 | +37.1% |
| Remuneration, social security and pensions | 62 | €595,197 | €637,391 | +€42,195 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247,577 | €246,512 | -€1,065 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€46,928 | - | +€46,928 | |
| Other operating charges | 640/8 | €83,951 | €28,732 | -€55,219 | -65.8% |
| Non-recurring operating charges | 66A | - | €6,513 | +€6,513 | |
| Operating profit (loss) | 9901 | €154,272 | €121,448 | -€32,824 | -21.3% |
| Financial income | 75/76B | €591,012 | €138,261 | -€452,751 | -76.6% |
| Recurring financial income | 75 | €562,139 | €74,199 | -€487,940 | -86.8% |
| Income from financial fixed assets | 750 | €95,003 | €6 | -€94,998 | -100.0% |
| Income from current assets | 751 | €460,664 | €72,401 | -€388,263 | -84.3% |
| Other financial income | 752/9 | €6,471 | €1,792 | -€4,679 | -72.3% |
| Non-recurring financial income | 76B | €28,873 | €64,062 | +€35,189 | +122% |
| Financial charges | 65/66B | €242,610 | €245,240 | +€2,631 | +1.1% |
| Recurring financial charges | 65 | €237,201 | €244,053 | +€6,852 | +2.9% |
| Debt charges | 650 | €252,238 | €237,310 | -€14,928 | -5.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€23,135 | -€2,932 | +€20,204 | +87.3% |
| Other financial charges | 652/9 | €8,099 | €9,675 | +€1,576 | +19.5% |
| Non-recurring financial charges | 66B | €5,408 | €1,187 | -€4,221 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €502,675 | €14,469 | -€488,206 | -97.1% |
| Income taxes | 67/77 | €86,450 | €27,133 | -€59,318 | -68.6% |
| Taxes | 670/3 | €86,450 | €27,133 | -€59,318 | -68.6% |
| Profit (loss) for the period | 9904 | €416,224 | -€12,664 | -€428,888 | |
| Transfer from tax-exempt reserves | 789 | €105,250 | €129,831 | +€24,581 | +23.4% |
| Transfer to tax-exempt reserves | 689 | €168,400 | - | -€168,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €353,074 | €117,167 | -€235,908 | -66.8% |
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 28 October 2026 via checked.be.