BLONDLET: 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.
BLONDLET
Largest movements
- Cash +€13,880
up €13,880 (+14.7%), from €94,169 to €108,049
mainly Depreciation (+€14,079) and Receivables within one year (+€6,544)
- Tangible fixed assets -€13,238
down €13,238 (-22.5%), from €58,876 to €45,638
of which Land and buildings: -€7,850
- Stocks and contracts +€8,727
up €8,727 (+21.2%), from €41,115 to €49,842
- Receivables within one year -€6,544
down €6,544 (-70.2%), from €9,317 to €2,773
of which Trade receivables: -€6,591
- Reserves +€3,141
up €3,141 (+5.2%), from €60,222 to €63,363
of which Distributable reserves: +€3,141
- Gross operating margin +€5,125
up €5,125 (+12.1%), from €42,262 to €47,387
- Other operating charges +€1,074
up €1,074 (+11.4%), from €9,422 to €10,495
- Taxes +€1,001
up €1,001, from €0 to €1,001
- Financial charges -€875
down €875 (-14.7%), from €5,941 to €5,066
- Financial income +€819
up €819 (+29.0%), from €2,825 to €3,645
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 | €208,627 | €211,552 | +€2,924 | +1.4% |
| Fixed assets | 21/28 | €59,744 | €46,506 | -€13,238 | -22.2% |
| Tangible fixed assets | 22/27 | €58,876 | €45,638 | -€13,238 | -22.5% |
| Land and buildings | 22 | €39,615 | €31,766 | -€7,850 | -19.8% |
| Plant, machinery and equipment | 23 | €1,437 | €1,337 | -€99 | -6.9% |
| Furniture and vehicles | 24 | €17,824 | €12,535 | -€5,289 | -29.7% |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €148,884 | €165,046 | +€16,162 | +10.9% |
| Stocks and contracts in progress | 3 | €41,115 | €49,842 | +€8,727 | +21.2% |
| Stocks | 30/36 | €41,115 | €49,842 | +€8,727 | +21.2% |
| Amounts receivable within one year | 40/41 | €9,317 | €2,773 | -€6,544 | -70.2% |
| Trade receivables | 40 | €9,317 | €2,726 | -€6,591 | -70.7% |
| Other amounts receivable | 41 | €0 | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €94,169 | €108,049 | +€13,880 | +14.7% |
| Deferred charges and accrued income | 490/1 | €4,283 | €4,383 | +€100 | +2.3% |
| Total equity and liabilities | 10/49 | €208,627 | €211,552 | +€2,924 | +1.4% |
| Equity | 10/15 | €131,477 | €134,618 | +€3,141 | +2.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €60,222 | €63,363 | +€3,141 | +5.2% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €53,972 | €57,113 | +€3,141 | +5.8% |
| Profit (loss) carried forward | 14 | €8,755 | €8,755 | = | 0.0% |
| Amounts payable | 17/49 | €77,150 | €76,933 | -€216 | -0.3% |
| Amounts payable within one year | 42/48 | €77,150 | €76,933 | -€216 | -0.3% |
| Trade debts | 44 | €1,956 | €2,652 | +€697 | +35.6% |
| Suppliers | 440/4 | €1,956 | €2,652 | +€697 | +35.6% |
| Taxes, remuneration and social security | 45 | €6,248 | €4,963 | -€1,285 | -20.6% |
| Taxes | 450/3 | €3,757 | €3,009 | -€748 | -19.9% |
| Remuneration and social security | 454/9 | €2,491 | €1,954 | -€537 | -21.6% |
| Other amounts payable | 47/48 | €68,946 | €69,318 | +€372 | +0.5% |
| Non-recurring operating income | 76A | €0 | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €16,762 | €17,248 | +€486 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,846 | €14,079 | +€232 | +1.7% |
| Other operating charges | 640/8 | €9,422 | €10,495 | +€1,074 | +11.4% |
| Non-recurring operating charges | 66A | €12 | €3 | -€9 | -76.4% |
| Gross operating margin | 9900 | €42,262 | €47,387 | +€5,125 | +12.1% |
| Operating profit (loss) | 9901 | €2,221 | €5,562 | +€3,342 | +150% |
| Financial income | 75/76B | €2,825 | €3,645 | +€819 | +29.0% |
| Recurring financial income | 75 | €2,825 | €3,645 | +€819 | +29.0% |
| Financial charges | 65/66B | €5,941 | €5,066 | -€875 | -14.7% |
| Recurring financial charges | 65 | €5,941 | €5,066 | -€875 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€895 | €4,141 | +€5,037 | |
| Income taxes | 67/77 | €0 | €1,001 | +€1,001 | |
| Profit (loss) for the period | 9904 | -€895 | €3,141 | +€4,036 | |
| Profit (loss) for the period to be appropriated | 9905 | -€895 | €3,141 | +€4,036 |
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 18 October 2026 via checked.be.