Blonde and Beyond: 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.
Blonde and Beyond
Largest movements
- Tangible fixed assets +€264,289
up €264,289 (+390%), from €67,848 to €332,137
of which Other tangible fixed assets: +€264,441
- Receivables within one year -€47,777
down €47,777 (-93.0%), from €51,384 to €3,607
of which Trade receivables: -€26,490
- Cash -€32,029
down €32,029 (-93.7%), from €34,185 to €2,156
mainly Investment in fixed assets (net) (-€294,036) and Other debts (-€10,051)
- Stocks and contracts -€11,500
down €11,500 (-66.8%), from €17,220 to €5,720
- Profit (loss) carried forward +€98,189
new in 2025: €98,189
- Tax, wage and social debts +€59,614
up €59,614 (+123%), from €48,609 to €108,223
of which Remuneration and social security: +€29,895
- Trade debts +€27,807
up €27,807 (+120%), from €23,096 to €50,903
- Other debts -€10,051
down €10,051 (-48.2%), from €20,858 to €10,807
- Current portion of long-term debt -€8,785
no longer reported in 2025 (was €8,785)
- Gross operating margin +€154,430
up €154,430 (+45.1%), from €342,334 to €496,765
- Staff costs +€93,384
up €93,384 (+34.0%), from €274,809 to €368,192
- Depreciation +€16,068
up €16,068 (+119%), from €13,459 to €29,527
- Taxes -€15,000
no longer reported in 2025 (was €15,000)
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 | €192,037 | €365,481 | +€173,444 | +90.3% |
| Fixed assets | 21/28 | €89,248 | €353,757 | +€264,509 | +296% |
| Tangible fixed assets | 22/27 | €67,848 | €332,137 | +€264,289 | +390% |
| Plant, machinery and equipment | 23 | €37,621 | €37,492 | -€130 | -0.3% |
| Furniture and vehicles | 24 | €3,731 | €3,709 | -€22 | -0.6% |
| Other tangible fixed assets | 26 | €26,495 | €290,936 | +€264,441 | +998% |
| Financial fixed assets | 28 | €21,400 | €21,620 | +€220 | +1.0% |
| Current assets | 29/58 | €102,789 | €11,724 | -€91,065 | -88.6% |
| Stocks and contracts in progress | 3 | €17,220 | €5,720 | -€11,500 | -66.8% |
| Stocks | 30/36 | €17,220 | €5,720 | -€11,500 | -66.8% |
| Amounts receivable within one year | 40/41 | €51,384 | €3,607 | -€47,777 | -93.0% |
| Trade receivables | 40 | €26,490 | - | -€26,490 | |
| Other amounts receivable | 41 | €24,894 | €3,607 | -€21,287 | -85.5% |
| Cash at bank and in hand | 54/58 | €34,185 | €2,156 | -€32,029 | -93.7% |
| Deferred charges and accrued income | 490/1 | - | €241 | +€241 | |
| Total equity and liabilities | 10/49 | €192,037 | €365,481 | +€173,444 | +90.3% |
| Equity | 10/15 | €77,178 | €178,149 | +€100,971 | +131% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €75,178 | €77,960 | +€2,782 | +3.7% |
| Distributable reserves | 133 | €75,178 | €77,960 | +€2,782 | +3.7% |
| Profit (loss) carried forward | 14 | - | €98,189 | +€98,189 | |
| Amounts payable | 17/49 | €114,859 | €187,332 | +€72,473 | +63.1% |
| Amounts payable after more than one year | 17 | €13,007 | €13,007 | = | 0.0% |
| Financial debts | 170/4 | €13,007 | €13,007 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,852 | €170,438 | +€68,586 | +67.3% |
| Current portion of amounts payable after more than one year | 42 | €8,785 | - | -€8,785 | |
| Financial debts | 43 | €505 | €505 | = | 0.0% |
| Credit institutions | 430/8 | €505 | €505 | = | 0.0% |
| Trade debts | 44 | €23,096 | €50,903 | +€27,807 | +120% |
| Suppliers | 440/4 | €23,096 | €50,903 | +€27,807 | +120% |
| Taxes, remuneration and social security | 45 | €48,609 | €108,223 | +€59,614 | +123% |
| Taxes | 450/3 | €30,776 | €60,495 | +€29,719 | +96.6% |
| Remuneration and social security | 454/9 | €17,833 | €47,728 | +€29,895 | +168% |
| Other amounts payable | 47/48 | €20,858 | €10,807 | -€10,051 | -48.2% |
| Accrued charges and deferred income | 492/3 | - | €3,888 | +€3,888 | |
| Remuneration, social security and pensions | 62 | €274,809 | €368,192 | +€93,384 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,459 | €29,527 | +€16,068 | +119% |
| Other operating charges | 640/8 | €2,751 | €368 | -€2,383 | -86.6% |
| Gross operating margin | 9900 | €342,334 | €496,765 | +€154,430 | +45.1% |
| Operating profit (loss) | 9901 | €51,315 | €98,677 | +€47,362 | +92.3% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €5,334 | €488 | -€4,845 | -90.8% |
| Recurring financial charges | 65 | €5,334 | €488 | -€4,845 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | €46,015 | €98,189 | +€52,174 | +113% |
| Income taxes | 67/77 | €15,000 | - | -€15,000 | |
| Profit (loss) for the period | 9904 | €31,015 | €98,189 | +€67,174 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €31,015 | €98,189 | +€67,174 | +217% |
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 29 October 2026 via checked.be.