BLOMMAERT ERWIN: what changed
Two fiscal 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.
BLOMMAERT ERWIN
Largest movements
- Receivables within one year +€182,857
up €182,857 (+34.6%), from €528,052 to €710,909
of which Other amounts receivable: +€169,587
- Cash +€151,665
up €151,665 (+30.4%), from €499,499 to €651,164
mainly Net result for the year (+€302,828) and Other debts (+€65,246)
- Tangible fixed assets -€20,085
down €20,085 (-35.0%), from €57,387 to €37,302
of which Furniture and vehicles: -€24,170
- Reserves +€236,578
up €236,578 (+27.4%), from €862,737 to €1.1m
- Other debts +€65,246
up €65,246 (+31.9%), from €204,706 to €269,952
- Tax, wage and social debts +€21,057
up €21,057 (+64.5%), from €32,666 to €53,722
of which Taxes: +€24,162
- Gross operating margin +€55,217
up €55,217 (+13.4%), from €412,579 to €467,796
- Taxes +€28,068
up €28,068 (+25.1%), from €111,605 to €139,674
- Staff costs -€26,294
down €26,294 (-62.8%), from €41,853 to €15,559
- Financial income +€7,084
up €7,084 (+35.6%), from €19,887 to €26,971
- Financial charges +€4,816
up €4,816 (+76.7%), from €6,276 to €11,092
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.
Cash bridge derived
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 | €1,104,481 | €1,424,775 | +€320,294 | +29.0% |
| Fixed assets | 21/28 | €57,387 | €37,302 | -€20,085 | -35.0% |
| Tangible fixed assets | 22/27 | €57,387 | €37,302 | -€20,085 | -35.0% |
| Furniture and vehicles | 24 | €54,689 | €30,518 | -€24,170 | -44.2% |
| Other tangible fixed assets | 26 | €2,698 | €6,784 | +€4,085 | +151.4% |
| Current assets | 29/58 | €1,047,095 | €1,387,473 | +€340,379 | +32.5% |
| Amounts receivable within one year | 40/41 | €528,052 | €710,909 | +€182,857 | +34.6% |
| Trade receivables | 40 | €142,515 | €155,785 | +€13,270 | +9.3% |
| Other amounts receivable | 41 | €385,537 | €555,124 | +€169,587 | +44.0% |
| Cash at bank and in hand | 54/58 | €499,499 | €651,164 | +€151,665 | +30.4% |
| Deferred charges and accrued income | 490/1 | €19,543 | €25,400 | +€5,856 | +30.0% |
| Total equity and liabilities | 10/49 | €1,104,481 | €1,424,775 | +€320,294 | +29.0% |
| Equity | 10/15 | €863,295 | €1,099,873 | +€236,578 | +27.4% |
| Reserves | 13 | €862,737 | €1,099,315 | +€236,578 | +27.4% |
| Distributable reserves | 133 | €862,737 | €1,099,315 | +€236,578 | +27.4% |
| Profit (loss) carried forward | 14 | €558 | €559 | +€0 | +0.1% |
| Amounts payable | 17/49 | €241,186 | €324,902 | +€83,716 | +34.7% |
| Amounts payable within one year | 42/48 | €241,186 | €323,929 | +€82,743 | +34.3% |
| Trade debts | 44 | €3,814 | €255 | -€3,559 | -93.3% |
| Suppliers | 440/4 | €3,814 | €255 | -€3,559 | -93.3% |
| Taxes, remuneration and social security | 45 | €32,666 | €53,722 | +€21,057 | +64.5% |
| Taxes | 450/3 | €22,700 | €46,861 | +€24,162 | +106.4% |
| Remuneration and social security | 454/9 | €9,966 | €6,861 | -€3,105 | -31.2% |
| Other amounts payable | 47/48 | €204,706 | €269,952 | +€65,246 | +31.9% |
| Accrued charges and deferred income | 492/3 | - | €973 | +€973 | |
| Non-recurring operating income | 76A | - | €4,931 | +€4,931 | |
| Remuneration, social security and pensions | 62 | €41,853 | €15,559 | -€26,294 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,960 | €24,203 | -€3,757 | -13.4% |
| Other operating charges | 640/8 | €1,140 | €1,411 | +€271 | +23.7% |
| Gross operating margin | 9900 | €412,579 | €467,796 | +€55,217 | +13.4% |
| Operating profit (loss) | 9901 | €341,626 | €426,623 | +€84,997 | +24.9% |
| Financial income | 75/76B | €19,887 | €26,971 | +€7,084 | +35.6% |
| Recurring financial income | 75 | €19,887 | €26,971 | +€7,084 | +35.6% |
| Financial charges | 65/66B | €6,276 | €11,092 | +€4,816 | +76.7% |
| Recurring financial charges | 65 | €6,276 | €11,092 | +€4,816 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | €355,237 | €442,502 | +€87,265 | +24.6% |
| Income taxes | 67/77 | €111,605 | €139,674 | +€28,068 | +25.1% |
| Profit (loss) for the period | 9904 | €243,631 | €302,828 | +€59,197 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €243,631 | €302,828 | +€59,197 | +24.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.