BLorenz: 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.
BLorenz
Largest movements
- Cash +€3,355
up €3,355 (+3.9%), from €86,775 to €90,129
mainly Net result for the year (+€3,970) and Depreciation (+€1,063)
- Tangible fixed assets -€1,063
down €1,063 (-23.7%), from €4,480 to €3,417
- Receivables within one year -€978
down €978 (-33.3%), from €2,940 to €1,962
of which Trade receivables: -€1,747
- Profit (loss) carried forward +€3,970
up €3,970 (+23.3%), from -€17,005 to -€13,035
- Trade debts -€2,143
down €2,143 (-82.3%), from €2,604 to €460
- Gross operating margin +€17,245
up €17,245, from -€12,084 to €5,161
- Depreciation -€1,454
down €1,454 (-57.8%), from €2,517 to €1,063
- Financial income +€361
up €361 (+228%), from €159 to €520
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 | €94,316 | €95,584 | +€1,268 | +1.3% |
| Fixed assets | 21/28 | €4,555 | €3,492 | -€1,063 | -23.3% |
| Tangible fixed assets | 22/27 | €4,480 | €3,417 | -€1,063 | -23.7% |
| Furniture and vehicles | 24 | €4,480 | €3,417 | -€1,063 | -23.7% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €89,761 | €92,092 | +€2,331 | +2.6% |
| Amounts receivable within one year | 40/41 | €2,940 | €1,962 | -€978 | -33.3% |
| Trade receivables | 40 | €2,469 | €722 | -€1,747 | -70.8% |
| Other amounts receivable | 41 | €471 | €1,241 | +€769 | +163% |
| Cash at bank and in hand | 54/58 | €86,775 | €90,129 | +€3,355 | +3.9% |
| Deferred charges and accrued income | 490/1 | €46 | - | -€46 | |
| Total equity and liabilities | 10/49 | €94,316 | €95,584 | +€1,268 | +1.3% |
| Equity | 10/15 | €90,854 | €94,824 | +€3,970 | +4.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €107,759 | €107,759 | = | 0.0% |
| Distributable reserves | 133 | €107,759 | €107,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,005 | -€13,035 | +€3,970 | +23.3% |
| Amounts payable | 17/49 | €3,462 | €760 | -€2,702 | -78.0% |
| Amounts payable within one year | 42/48 | €3,172 | €460 | -€2,711 | -85.5% |
| Trade debts | 44 | €2,604 | €460 | -€2,143 | -82.3% |
| Suppliers | 440/4 | €2,604 | €460 | -€2,143 | -82.3% |
| Other amounts payable | 47/48 | €568 | - | -€568 | |
| Accrued charges and deferred income | 492/3 | €291 | €300 | +€9 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,517 | €1,063 | -€1,454 | -57.8% |
| Other operating charges | 640/8 | €576 | €485 | -€92 | -15.9% |
| Gross operating margin | 9900 | -€12,084 | €5,161 | +€17,245 | |
| Operating profit (loss) | 9901 | -€15,178 | €3,613 | +€18,791 | |
| Financial income | 75/76B | €159 | €520 | +€361 | +228% |
| Recurring financial income | 75 | €159 | €520 | +€361 | +228% |
| Financial charges | 65/66B | €186 | €163 | -€23 | -12.4% |
| Recurring financial charges | 65 | €186 | €163 | -€23 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,206 | €3,970 | +€19,176 | |
| Profit (loss) for the period | 9904 | -€15,206 | €3,970 | +€19,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,206 | €3,970 | +€19,176 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.