Blou: 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.
Blou
Largest movements
- Cash -€85,240
down €85,240 (-44.7%), from €190,690 to €105,451
mainly Contributions, distributions and other (-€693,037) and Investment in fixed assets (net) (-€19,870)
- Tangible fixed assets +€15,175
up €15,175 (+122.3%), from €12,412 to €27,587
of which Furniture and vehicles: +€15,515
- Receivables within one year +€10,351
up €10,351 (+19.3%), from €53,580 to €63,932
of which Other amounts receivable: +€8,323
- Profit (loss) carried forward -€200,292
down €200,292 (-100.0%), from €200,292 to €0
- Other debts +€148,972
up €148,972 (+1864.4%), from €7,990 to €156,962
- Tax, wage and social debts -€8,197
down €8,197 (-18.3%), from €44,902 to €36,705
- Trade debts -€4,100
down €4,100 (-39.9%), from €10,266 to €6,166
- Gross operating margin -€137,023
down €137,023 (-16.7%), from €822,266 to €685,243
- Taxes -€23,563
down €23,563 (-11.5%), from €205,460 to €181,898
- Financial income -€22,012
down €22,012 (-98.9%), from €22,255 to €243
- Financial charges -€12,051
down €12,051 (-72.7%), from €16,572 to €4,521
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.
Cash bridge derived
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 | €389,450 | €328,083 | -€61,367 | -15.8% |
| Fixed assets | 21/28 | €12,412 | €27,587 | +€15,175 | +122.3% |
| Tangible fixed assets | 22/27 | €12,412 | €27,587 | +€15,175 | +122.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €10,344 | €25,859 | +€15,515 | +150.0% |
| Other tangible fixed assets | 26 | €2,067 | €1,728 | -€340 | -16.4% |
| Current assets | 29/58 | €377,038 | €300,496 | -€76,543 | -20.3% |
| Amounts receivable within one year | 40/41 | €53,580 | €63,932 | +€10,351 | +19.3% |
| Trade receivables | 40 | €53,580 | €55,609 | +€2,029 | +3.8% |
| Other amounts receivable | 41 | €0 | €8,323 | +€8,323 | |
| Current investments | 50/53 | €127,500 | €127,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €190,690 | €105,451 | -€85,240 | -44.7% |
| Deferred charges and accrued income | 490/1 | €5,268 | €3,613 | -€1,654 | -31.4% |
| Total equity and liabilities | 10/49 | €389,450 | €328,083 | -€61,367 | -15.8% |
| Equity | 10/15 | €326,292 | €126,000 | -€200,292 | -61.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €120,000 | €120,000 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,292 | €0 | -€200,292 | -100.0% |
| Amounts payable | 17/49 | €63,158 | €202,083 | +€138,925 | +220.0% |
| Amounts payable within one year | 42/48 | €63,158 | €199,833 | +€136,675 | +216.4% |
| Trade debts | 44 | €10,266 | €6,166 | -€4,100 | -39.9% |
| Suppliers | 440/4 | €10,266 | €6,166 | -€4,100 | -39.9% |
| Taxes, remuneration and social security | 45 | €44,902 | €36,705 | -€8,197 | -18.3% |
| Taxes | 450/3 | €44,902 | €36,705 | -€8,197 | -18.3% |
| Other amounts payable | 47/48 | €7,990 | €156,962 | +€148,972 | +1864.4% |
| Accrued charges and deferred income | 492/3 | - | €2,250 | +€2,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,476 | €4,695 | +€219 | +4.9% |
| Other operating charges | 640/8 | €1,933 | €1,627 | -€306 | -15.8% |
| Gross operating margin | 9900 | €822,266 | €685,243 | -€137,023 | -16.7% |
| Operating profit (loss) | 9901 | €815,857 | €678,921 | -€136,936 | -16.8% |
| Financial income | 75/76B | €22,255 | €243 | -€22,012 | -98.9% |
| Recurring financial income | 75 | €22,255 | €243 | -€22,012 | -98.9% |
| Financial charges | 65/66B | €16,572 | €4,521 | -€12,051 | -72.7% |
| Recurring financial charges | 65 | €16,572 | €4,521 | -€12,051 | -72.7% |
| Profit (loss) for the period before taxes | 9903 | €821,540 | €674,643 | -€146,898 | -17.9% |
| Income taxes | 67/77 | €205,460 | €181,898 | -€23,563 | -11.5% |
| Profit (loss) for the period | 9904 | €616,080 | €492,745 | -€123,335 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €616,080 | €492,745 | -€123,335 | -20.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.