BLOMMAERT & PEIRSMAN: 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.
BLOMMAERT & PEIRSMAN
Largest movements
- Tangible fixed assets -€29,017
down €29,017 (-6.8%), from €426,880 to €397,863
of which Land and buildings: -€28,474
- Cash -€23,335
down €23,335 (-67.2%), from €34,706 to €11,372
mainly Contributions, distributions and other (-€30,000) and Debts after one year (-€19,823)
- Reserves -€33,895
down €33,895 (-9.2%), from €367,006 to €333,111
of which Distributable reserves: -€33,895
- Debts after one year -€19,823
down €19,823 (-11.6%), from €170,403 to €150,580
- Gross operating margin -€160,968
down €160,968 (-84.3%), from €190,919 to €29,951
- Taxes -€36,040
down €36,040 (-100%), from €36,040 to €0
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 | €581,523 | €528,894 | -€52,629 | -9.1% |
| Fixed assets | 21/28 | €426,880 | €397,863 | -€29,017 | -6.8% |
| Tangible fixed assets | 22/27 | €426,880 | €397,863 | -€29,017 | -6.8% |
| Land and buildings | 22 | €424,786 | €396,312 | -€28,474 | -6.7% |
| Plant, machinery and equipment | 23 | €2,094 | €1,551 | -€544 | -26.0% |
| Current assets | 29/58 | €154,643 | €131,031 | -€23,612 | -15.3% |
| Amounts receivable within one year | 40/41 | €0 | €756 | +€756 | |
| Other amounts receivable | 41 | €0 | €756 | +€756 | |
| Current investments | 50/53 | €118,812 | €118,812 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,706 | €11,372 | -€23,335 | -67.2% |
| Deferred charges and accrued income | 490/1 | €1,124 | €91 | -€1,033 | -91.9% |
| Total equity and liabilities | 10/49 | €581,523 | €528,894 | -€52,629 | -9.1% |
| Equity | 10/15 | €385,606 | €351,711 | -€33,895 | -8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €367,006 | €333,111 | -€33,895 | -9.2% |
| Tax-exempt reserves | 132 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €312,006 | €278,111 | -€33,895 | -10.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €195,917 | €177,183 | -€18,734 | -9.6% |
| Amounts payable after more than one year | 17 | €170,403 | €150,580 | -€19,823 | -11.6% |
| Financial debts | 170/4 | €170,403 | €150,580 | -€19,823 | -11.6% |
| Amounts payable within one year | 42/48 | €25,514 | €26,603 | +€1,089 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €19,427 | €19,834 | +€407 | +2.1% |
| Trade debts | 44 | €47 | €48 | +€0 | +0.8% |
| Suppliers | 440/4 | €47 | €48 | +€0 | +0.8% |
| Taxes, remuneration and social security | 45 | €6,040 | €6,040 | = | 0.0% |
| Taxes | 450/3 | €6,040 | €6,040 | = | 0.0% |
| Other amounts payable | 47/48 | - | €681 | +€681 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,719 | €29,017 | -€1,701 | -5.5% |
| Other operating charges | 640/8 | €3,376 | €2,198 | -€1,178 | -34.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €190,919 | €29,951 | -€160,968 | -84.3% |
| Operating profit (loss) | 9901 | €156,824 | -€1,264 | -€158,088 | |
| Financial income | 75/76B | €1,570 | €2,520 | +€950 | +60.5% |
| Recurring financial income | 75 | €1,570 | €2,520 | +€950 | +60.5% |
| Financial charges | 65/66B | €4,340 | €5,151 | +€811 | +18.7% |
| Recurring financial charges | 65 | €4,340 | €5,151 | +€811 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €154,055 | -€3,895 | -€157,950 | |
| Income taxes | 67/77 | €36,040 | €0 | -€36,040 | -100% |
| Profit (loss) for the period | 9904 | €118,015 | -€3,895 | -€121,910 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €54,000 | €0 | -€54,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €64,015 | -€3,895 | -€67,910 |
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.