BLOF: 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.
BLOF
Largest movements
- Receivables within one year +€10,740
up €10,740 (+35.9%), from €29,908 to €40,647
of which Other amounts receivable: +€9,196
- Cash +€5,900
up €5,900 (+6.9%), from €85,618 to €91,518
mainly Net result for the year (+€15,342) and Trade debts (+€4,752)
- Tangible fixed assets -€3,213
down €3,213 (-48.7%), from €6,604 to €3,391
of which Furniture and vehicles: -€1,998
- Deferred charges and accrued income +€2,669
up €2,669 (+159%), from €1,683 to €4,352
- Reserves +€13,676
up €13,676 (+15.7%), from €87,056 to €100,732
- Trade debts +€4,752
up €4,752 (+220%), from €2,156 to €6,909
- Tax, wage and social debts -€2,349
down €2,349 (-34.8%), from €6,755 to €4,407
- Gross operating margin -€10,029
down €10,029 (-24.7%), from €40,559 to €30,530
- Taxes -€3,118
down €3,118 (-26.9%), from €11,578 to €8,460
- Depreciation +€931
up €931 (+40.8%), from €2,282 to €3,213
- Other operating charges -€433
down €433 (-37.5%), from €1,155 to €722
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 | €123,812 | €139,908 | +€16,095 | +13.0% |
| Fixed assets | 21/28 | €6,604 | €3,391 | -€3,213 | -48.7% |
| Tangible fixed assets | 22/27 | €6,604 | €3,391 | -€3,213 | -48.7% |
| Plant, machinery and equipment | 23 | €1,215 | - | -€1,215 | |
| Furniture and vehicles | 24 | €5,389 | €3,391 | -€1,998 | -37.1% |
| Current assets | 29/58 | €117,208 | €136,517 | +€19,308 | +16.5% |
| Amounts receivable within one year | 40/41 | €29,908 | €40,647 | +€10,740 | +35.9% |
| Trade receivables | 40 | €26,234 | €27,777 | +€1,544 | +5.9% |
| Other amounts receivable | 41 | €3,674 | €12,870 | +€9,196 | +250% |
| Cash at bank and in hand | 54/58 | €85,618 | €91,518 | +€5,900 | +6.9% |
| Deferred charges and accrued income | 490/1 | €1,683 | €4,352 | +€2,669 | +159% |
| Total equity and liabilities | 10/49 | €123,812 | €139,908 | +€16,095 | +13.0% |
| Equity | 10/15 | €105,656 | €119,332 | +€13,676 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,056 | €100,732 | +€13,676 | +15.7% |
| Distributable reserves | 133 | €87,056 | €100,732 | +€13,676 | +15.7% |
| Amounts payable | 17/49 | €18,156 | €20,575 | +€2,419 | +13.3% |
| Amounts payable within one year | 42/48 | €18,077 | €20,481 | +€2,404 | +13.3% |
| Financial debts | 43 | €7,500 | €7,500 | = | 0.0% |
| Credit institutions | 430/8 | €7,500 | €7,500 | = | 0.0% |
| Trade debts | 44 | €2,156 | €6,909 | +€4,752 | +220% |
| Suppliers | 440/4 | €2,156 | €6,909 | +€4,752 | +220% |
| Taxes, remuneration and social security | 45 | €6,755 | €4,407 | -€2,349 | -34.8% |
| Taxes | 450/3 | €6,755 | €4,407 | -€2,349 | -34.8% |
| Other amounts payable | 47/48 | €1,666 | €1,666 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €79 | €94 | +€15 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,282 | €3,213 | +€931 | +40.8% |
| Other operating charges | 640/8 | €1,155 | €722 | -€433 | -37.5% |
| Gross operating margin | 9900 | €40,559 | €30,530 | -€10,029 | -24.7% |
| Operating profit (loss) | 9901 | €37,122 | €26,595 | -€10,527 | -28.4% |
| Financial income | 75/76B | €0 | €175 | +€175 | +349,200% |
| Recurring financial income | 75 | €0 | €175 | +€175 | +349,200% |
| Financial charges | 65/66B | €3,275 | €2,968 | -€307 | -9.4% |
| Recurring financial charges | 65 | €3,275 | €2,968 | -€307 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €33,847 | €23,802 | -€10,045 | -29.7% |
| Income taxes | 67/77 | €11,578 | €8,460 | -€3,118 | -26.9% |
| Profit (loss) for the period | 9904 | €22,269 | €15,342 | -€6,927 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,269 | €15,342 | -€6,927 | -31.1% |
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.