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BLORIE: what changed

Two fiscal 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.

What changed

BLORIE

BE 0448.247.688
fiscal year 2023 against 2024not consecutivefiled annual accounts (NBB)
Net result for the year
€8,863
2023 · €15,342-€6,479
Equity
€320,277
2023 · €311,414+€8,863
Cash
€142,234
2023 · €181,017-€38,782
Balance sheet total
€386,584
2023 · €388,746-€2,162

Largest movements

2023 to 2024
Assets
  • Cash -€38,782

    down €38,782 (-21.4%), from €181,017 to €142,234

  • Tangible fixed assets +€26,286

    up €26,286 (+13.8%), from €190,475 to €216,761

    of which Land and buildings: +€24,419

  • Receivables within one year +€9,672

    up €9,672 (+59.1%), from €16,368 to €26,039

Equity and liabilities
  • Other debts -€8,460

    down €8,460 (-15.0%), from €56,465 to €48,005

  • Reserves +€8,079

    up €8,079 (+4.9%), from €165,013 to €173,092

    of which Distributable reserves: +€14,000

Income statement
  • Depreciation +€21,628

    up €21,628 (+81.8%), from €26,447 to €48,075

  • Gross operating margin +€18,199

    up €18,199 (+35.3%), from €51,613 to €69,812

  • Other operating charges +€3,448

    up €3,448 (+85.6%), from €4,026 to €7,474

  • Taxes +€1,110

    up €1,110 (+18.7%), from €5,921 to €7,031

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €15,342
Gross operating margin +€18,199
Depreciation -€21,628
Other operating charges -€3,448
Financial income +€592
Financial charges -€102
Taxes -€1,110
Deferred taxes and other +€1,016
Result 2024 €8,863

Cash bridge derived

cash 2023 to 2024

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 45 lines
Line Code 2023 2024 Change %
Total assets 20/58 €388,746 €386,584 -€2,162 -0.6%
Fixed assets 21/28 €190,475 €216,761 +€26,286 +13.8%
Tangible fixed assets 22/27 €190,475 €216,761 +€26,286 +13.8%
Land and buildings 22 €188,204 €212,623 +€24,419 +13.0%
Plant, machinery and equipment 23 €2,271 €4,139 +€1,867 +82.2%
Current assets 29/58 €198,271 €169,823 -€28,448 -14.3%
Amounts receivable within one year 40/41 €16,368 €26,039 +€9,672 +59.1%
Other amounts receivable 41 €16,368 €26,039 +€9,672 +59.1%
Cash at bank and in hand 54/58 €181,017 €142,234 -€38,782 -21.4%
Deferred charges and accrued income 490/1 €886 €1,549 +€663 +74.8%
Total equity and liabilities 10/49 €388,746 €386,584 -€2,162 -0.6%
Equity 10/15 €311,414 €320,277 +€8,863 +2.8%
Contributions 10/11 €105,400 €105,400 = 0.0%
Capital 10 €105,400 €105,400 = 0.0%
Issued capital 100 €105,400 €105,400 = 0.0%
Reserves 13 €165,013 €173,092 +€8,079 +4.9%
Non-distributable reserves 130/1 €10,540 €10,540 = 0.0%
Legal reserve 130 €10,540 €10,540 = 0.0%
Tax-exempt reserves 132 €18,473 €12,552 -€5,921 -32.1%
Distributable reserves 133 €136,000 €150,000 +€14,000 +10.3%
Profit (loss) carried forward 14 €41,001 €41,785 +€784 +1.9%
Provisions and deferred taxes 16 €9,512 €6,463 -€3,049 -32.1%
Deferred taxes 168 €9,512 €6,463 -€3,049 -32.1%
Amounts payable 17/49 €67,821 €59,844 -€7,976 -11.8%
Amounts payable within one year 42/48 €62,526 €55,035 -€7,490 -12.0%
Trade debts 44 €133 - -€133
Suppliers 440/4 €133 - -€133
Taxes, remuneration and social security 45 €5,928 €7,031 +€1,102 +18.6%
Taxes 450/3 €5,928 €7,031 +€1,102 +18.6%
Other amounts payable 47/48 €56,465 €48,005 -€8,460 -15.0%
Accrued charges and deferred income 492/3 €5,295 €4,809 -€486 -9.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €26,447 €48,075 +€21,628 +81.8%
Other operating charges 640/8 €4,026 €7,474 +€3,448 +85.6%
Gross operating margin 9900 €51,613 €69,812 +€18,199 +35.3%
Operating profit (loss) 9901 €21,139 €14,263 -€6,876 -32.5%
Financial income 75/76B €383 €976 +€592 +154.6%
Recurring financial income 75 €383 €976 +€592 +154.6%
Financial charges 65/66B €2,292 €2,393 +€102 +4.4%
Recurring financial charges 65 €2,292 €2,393 +€102 +4.4%
Profit (loss) for the period before taxes 9903 €19,231 €12,845 -€6,386 -33.2%
Transfer from deferred taxes 780 €2,033 €3,049 +€1,016 +50.0%
Income taxes 67/77 €5,921 €7,031 +€1,110 +18.7%
Profit (loss) for the period 9904 €15,342 €8,863 -€6,479 -42.2%
Transfer from tax-exempt reserves 789 €3,947 €5,921 +€1,974 +50.0%
Profit (loss) for the period to be appropriated 9905 €19,290 €14,784 -€4,506 -23.4%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.