BLOEMENHAL STEVE: 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.
BLOEMENHAL STEVE
Largest movements
- Cash +€27,084
up €27,084 (+111%), from €24,428 to €51,513
mainly Net result for the year (+€22,794) and Trade debts (+€6,742)
- Receivables within one year +€4,631
up €4,631 (+7.1%), from €65,281 to €69,912
of which Trade receivables: +€6,853
- Profit (loss) carried forward +€22,794
up €22,794 (+40.9%), from €55,682 to €78,476
- Trade debts +€6,742
up €6,742 (+520%), from €1,297 to €8,040
- Tax, wage and social debts +€1,614
up €1,614 (+23.4%), from €6,899 to €8,513
of which Taxes: +€3,511
- Gross operating margin +€11,193
up €11,193 (+24.4%), from €45,925 to €57,118
- Taxes +€6,252
up €6,252 (+140,504%), from €4 to €6,257
- Staff costs -€3,802
down €3,802 (-12.2%), from €31,087 to €27,285
- Other operating charges +€599
up €599 (+27.4%), from €2,185 to €2,784
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 | €94,886 | €126,611 | +€31,725 | +33.4% |
| Current assets | 29/58 | €94,886 | €126,611 | +€31,725 | +33.4% |
| Stocks and contracts in progress | 3 | €4,874 | €4,156 | -€718 | -14.7% |
| Stocks | 30/36 | €4,874 | €4,156 | -€718 | -14.7% |
| Amounts receivable within one year | 40/41 | €65,281 | €69,912 | +€4,631 | +7.1% |
| Trade receivables | 40 | €5,745 | €12,597 | +€6,853 | +119% |
| Other amounts receivable | 41 | €59,536 | €57,315 | -€2,221 | -3.7% |
| Cash at bank and in hand | 54/58 | €24,428 | €51,513 | +€27,084 | +111% |
| Deferred charges and accrued income | 490/1 | €302 | €1,031 | +€728 | +241% |
| Total equity and liabilities | 10/49 | €94,886 | €126,611 | +€31,725 | +33.4% |
| Equity | 10/15 | €86,678 | €109,472 | +€22,794 | +26.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €24,799 | €24,799 | = | 0.0% |
| Distributable reserves | 133 | €24,799 | €24,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,682 | €78,476 | +€22,794 | +40.9% |
| Amounts payable | 17/49 | €8,208 | €17,139 | +€8,931 | +109% |
| Amounts payable within one year | 42/48 | €8,196 | €16,553 | +€8,356 | +102% |
| Trade debts | 44 | €1,297 | €8,040 | +€6,742 | +520% |
| Suppliers | 440/4 | €1,297 | €8,040 | +€6,742 | +520% |
| Taxes, remuneration and social security | 45 | €6,899 | €8,513 | +€1,614 | +23.4% |
| Taxes | 450/3 | €2,250 | €5,761 | +€3,511 | +156% |
| Remuneration and social security | 454/9 | €4,649 | €2,752 | -€1,897 | -40.8% |
| Accrued charges and deferred income | 492/3 | €12 | €586 | +€574 | +4,996% |
| Remuneration, social security and pensions | 62 | €31,087 | €27,285 | -€3,802 | -12.2% |
| Other operating charges | 640/8 | €2,185 | €2,784 | +€599 | +27.4% |
| Gross operating margin | 9900 | €45,925 | €57,118 | +€11,193 | +24.4% |
| Operating profit (loss) | 9901 | €12,653 | €27,050 | +€14,397 | +114% |
| Financial income | 75/76B | €3,360 | €3,075 | -€286 | -8.5% |
| Recurring financial income | 75 | €3,360 | €3,075 | -€286 | -8.5% |
| Financial charges | 65/66B | €776 | €1,074 | +€298 | +38.3% |
| Recurring financial charges | 65 | €776 | €1,074 | +€298 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €15,238 | €29,051 | +€13,813 | +90.7% |
| Income taxes | 67/77 | €4 | €6,257 | +€6,252 | +140,504% |
| Profit (loss) for the period | 9904 | €15,233 | €22,794 | +€7,561 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,233 | €22,794 | +€7,561 | +49.6% |
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 24 October 2026 via checked.be.