BLOWW: 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.
BLOWW
Largest movements
- Cash +€30,165
up €30,165 (+38.8%), from €77,689 to €107,854
mainly Other debts (+€71,076) and Net result for the year (+€39,391)
- Receivables within one year +€11,769
up €11,769 (+32.9%), from €35,804 to €47,572
of which Trade receivables: +€22,983
- Tangible fixed assets -€2,401
down €2,401 (-21.7%), from €11,083 to €8,682
of which Furniture and vehicles: -€2,506
- Other debts +€71,076
up €71,076 (+125.8%), from €56,500 to €127,576
- Reserves -€40,609
down €40,609 (-71.6%), from €56,716 to €16,107
- Tax, wage and social debts +€5,151
up €5,151 (+85.7%), from €6,010 to €11,162
- Trade debts +€3,780
up €3,780 (+551.4%), from €685 to €4,465
- Financial charges -€677
down €677 (-92.4%), from €732 to €55
- Depreciation +€611
up €611 (+22.8%), from €2,679 to €3,291
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 | €124,911 | €164,310 | +€39,398 | +31.5% |
| Fixed assets | 21/28 | €11,083 | €8,682 | -€2,401 | -21.7% |
| Tangible fixed assets | 22/27 | €11,083 | €8,682 | -€2,401 | -21.7% |
| Plant, machinery and equipment | 23 | €2,034 | €2,140 | +€106 | +5.2% |
| Furniture and vehicles | 24 | €9,049 | €6,542 | -€2,506 | -27.7% |
| Current assets | 29/58 | €113,829 | €155,628 | +€41,799 | +36.7% |
| Amounts receivable within one year | 40/41 | €35,804 | €47,572 | +€11,769 | +32.9% |
| Trade receivables | 40 | €18,439 | €41,423 | +€22,983 | +124.6% |
| Other amounts receivable | 41 | €17,364 | €6,150 | -€11,214 | -64.6% |
| Cash at bank and in hand | 54/58 | €77,689 | €107,854 | +€30,165 | +38.8% |
| Deferred charges and accrued income | 490/1 | €336 | €202 | -€135 | -40.0% |
| Total equity and liabilities | 10/49 | €124,911 | €164,310 | +€39,398 | +31.5% |
| Equity | 10/15 | €61,716 | €21,107 | -€40,609 | -65.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,716 | €16,107 | -€40,609 | -71.6% |
| Distributable reserves | 133 | €56,716 | €16,107 | -€40,609 | -71.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,195 | €143,202 | +€80,007 | +126.6% |
| Amounts payable within one year | 42/48 | €63,195 | €143,202 | +€80,007 | +126.6% |
| Trade debts | 44 | €685 | €4,465 | +€3,780 | +551.4% |
| Suppliers | 440/4 | €685 | €4,465 | +€3,780 | +551.4% |
| Taxes, remuneration and social security | 45 | €6,010 | €11,162 | +€5,151 | +85.7% |
| Taxes | 450/3 | €6,010 | €11,162 | +€5,151 | +85.7% |
| Other amounts payable | 47/48 | €56,500 | €127,576 | +€71,076 | +125.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,679 | €3,291 | +€611 | +22.8% |
| Other operating charges | 640/8 | €1,239 | €1,320 | +€82 | +6.6% |
| Gross operating margin | 9900 | €54,815 | €54,701 | -€113 | -0.2% |
| Operating profit (loss) | 9901 | €50,897 | €50,091 | -€806 | -1.6% |
| Financial income | 75/76B | €666 | €448 | -€218 | -32.7% |
| Recurring financial income | 75 | €666 | €448 | -€218 | -32.7% |
| Financial charges | 65/66B | €732 | €55 | -€677 | -92.4% |
| Recurring financial charges | 65 | €732 | €55 | -€677 | -92.4% |
| Profit (loss) for the period before taxes | 9903 | €50,830 | €50,483 | -€347 | -0.7% |
| Income taxes | 67/77 | €10,592 | €11,092 | +€499 | +4.7% |
| Profit (loss) for the period | 9904 | €40,238 | €39,391 | -€846 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,238 | €39,391 | -€846 | -2.1% |
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 2 October 2026 via checked.be.