BLONDEEL GINO: 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.
BLONDEEL GINO
Largest movements
- Stocks and contracts +€8,043
up €8,043 (+48.7%), from €16,515 to €24,558
of which Contracts in progress: +€4,247
- Cash -€5,667
down €5,667 (-58.2%), from €9,734 to €4,067
mainly Stocks and contracts (-€8,043) and Debts after one year (-€3,892)
- Tangible fixed assets -€2,986
down €2,986 (-20.5%), from €14,587 to €11,601
of which Furniture and vehicles: -€2,275
- Deferred charges and accrued income +€2,738
up €2,738 (+187%), from €1,462 to €4,200
- Receivables within one year -€2,625
down €2,625 (-58.0%), from €4,523 to €1,898
of which Trade receivables: -€4,523
- Other debts +€6,070
up €6,070 (+72.5%), from €8,371 to €14,441
- Debts after one year -€3,892
down €3,892 (-31.8%), from €12,238 to €8,347
- Tax, wage and social debts -€1,584
down €1,584 (-57.7%), from €2,743 to €1,159
- Accrued charges and deferred income -€1,495
down €1,495 (-100%), from €1,495 to €0
- Trade debts +€1,064
up €1,064 (+18.7%), from €5,701 to €6,766
- Financial charges -€1,176
down €1,176 (-58.6%), from €2,007 to €831
of which Non-recurring financial charges: -€770
- Gross operating margin -€742
down €742 (-8.8%), from €8,483 to €7,741
- Other operating charges +€506
up €506 (+28.7%), from €1,765 to €2,271
- Financial income -€292
down €292 (-78.0%), from €374 to €82
- Taxes +€241
up €241 (+28.4%), from €848 to €1,089
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 | €46,821 | €46,324 | -€497 | -1.1% |
| Fixed assets | 21/28 | €14,587 | €11,601 | -€2,986 | -20.5% |
| Tangible fixed assets | 22/27 | €14,587 | €11,601 | -€2,986 | -20.5% |
| Plant, machinery and equipment | 23 | €505 | €0 | -€505 | -100% |
| Furniture and vehicles | 24 | €13,514 | €11,239 | -€2,275 | -16.8% |
| Other tangible fixed assets | 26 | €567 | €362 | -€206 | -36.2% |
| Current assets | 29/58 | €32,235 | €34,723 | +€2,489 | +7.7% |
| Stocks and contracts in progress | 3 | €16,515 | €24,558 | +€8,043 | +48.7% |
| Stocks | 30/36 | €8,613 | €12,408 | +€3,795 | +44.1% |
| Contracts in progress | 37 | €7,903 | €12,150 | +€4,247 | +53.7% |
| Amounts receivable within one year | 40/41 | €4,523 | €1,898 | -€2,625 | -58.0% |
| Trade receivables | 40 | €4,523 | €0 | -€4,523 | -100% |
| Other amounts receivable | 41 | - | €1,898 | +€1,898 | |
| Cash at bank and in hand | 54/58 | €9,734 | €4,067 | -€5,667 | -58.2% |
| Deferred charges and accrued income | 490/1 | €1,462 | €4,200 | +€2,738 | +187% |
| Total equity and liabilities | 10/49 | €46,821 | €46,324 | -€497 | -1.1% |
| Equity | 10/15 | €12,558 | €11,720 | -€838 | -6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,203 | €1,203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,203 | €1,203 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,203 | €1,203 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,046 | -€1,883 | -€838 | -80.1% |
| Amounts payable | 17/49 | €34,263 | €34,604 | +€340 | +1.0% |
| Amounts payable after more than one year | 17 | €12,238 | €8,347 | -€3,892 | -31.8% |
| Financial debts | 170/4 | €12,238 | €8,347 | -€3,892 | -31.8% |
| Amounts payable within one year | 42/48 | €20,530 | €26,257 | +€5,727 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €3,715 | €3,892 | +€176 | +4.8% |
| Trade debts | 44 | €5,701 | €6,766 | +€1,064 | +18.7% |
| Suppliers | 440/4 | €5,701 | €6,766 | +€1,064 | +18.7% |
| Taxes, remuneration and social security | 45 | €2,743 | €1,159 | -€1,584 | -57.7% |
| Taxes | 450/3 | €2,743 | €1,159 | -€1,584 | -57.7% |
| Other amounts payable | 47/48 | €8,371 | €14,441 | +€6,070 | +72.5% |
| Accrued charges and deferred income | 492/3 | €1,495 | €0 | -€1,495 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,501 | €4,470 | -€31 | -0.7% |
| Other operating charges | 640/8 | €1,765 | €2,271 | +€506 | +28.7% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €8,483 | €7,741 | -€742 | -8.8% |
| Operating profit (loss) | 9901 | €2,217 | €1,000 | -€1,217 | -54.9% |
| Financial income | 75/76B | €374 | €82 | -€292 | -78.0% |
| Recurring financial income | 75 | €374 | €82 | -€292 | -78.0% |
| Financial charges | 65/66B | €2,007 | €831 | -€1,176 | -58.6% |
| Recurring financial charges | 65 | €1,237 | €831 | -€406 | -32.8% |
| Non-recurring financial charges | 66B | €770 | - | -€770 | |
| Profit (loss) for the period before taxes | 9903 | €584 | €251 | -€333 | -57.0% |
| Income taxes | 67/77 | €848 | €1,089 | +€241 | +28.4% |
| Profit (loss) for the period | 9904 | -€264 | -€838 | -€574 | -217% |
| Profit (loss) for the period to be appropriated | 9905 | -€264 | -€838 | -€574 | -217% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.