BLP: 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.
BLP
Largest movements
- Tangible fixed assets +€105,781
up €105,781 (+8.4%), from €1.3m to €1.4m
of which Land and buildings: +€96,581
- Debts after one year +€248,712
up €248,712 (+28.4%), from €876,930 to €1.1m
of which Financial debts: +€248,712
- Other debts -€165,921
down €165,921 (-54.8%), from €302,652 to €136,731
- Contributions +€20,000
up €20,000 (+107.5%), from €18,600 to €38,600
- Gross operating margin +€12,220
up €12,220 (+29.4%), from €41,584 to €53,803
- Financial charges +€5,788
up €5,788 (+32.9%), from €17,600 to €23,388
- Other operating charges +€2,188
up €2,188 (+49.1%), from €4,453 to €6,640
- Depreciation +€1,274
up €1,274 (+6.6%), from €19,233 to €20,506
- Taxes +€794
up €794 (+996.6%), from €80 to €874
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 | €1,266,592 | €1,376,669 | +€110,077 | +8.7% |
| Fixed assets | 21/28 | €1,260,466 | €1,366,248 | +€105,781 | +8.4% |
| Tangible fixed assets | 22/27 | €1,260,466 | €1,366,248 | +€105,781 | +8.4% |
| Land and buildings | 22 | €1,260,273 | €1,356,854 | +€96,581 | +7.7% |
| Plant, machinery and equipment | 23 | €194 | €95 | -€99 | -50.9% |
| Furniture and vehicles | 24 | - | €9,299 | +€9,299 | |
| Current assets | 29/58 | €6,126 | €10,421 | +€4,296 | +70.1% |
| Cash at bank and in hand | 54/58 | €6,126 | €10,421 | +€4,296 | +70.1% |
| Total equity and liabilities | 10/49 | €1,266,592 | €1,376,669 | +€110,077 | +8.7% |
| Equity | 10/15 | €34,572 | €56,968 | +€22,395 | +64.8% |
| Contributions | 10/11 | €18,600 | €38,600 | +€20,000 | +107.5% |
| Profit (loss) carried forward | 14 | €15,972 | €18,368 | +€2,395 | +15.0% |
| Amounts payable | 17/49 | €1,232,020 | €1,319,702 | +€87,682 | +7.1% |
| Amounts payable after more than one year | 17 | €876,930 | €1,125,642 | +€248,712 | +28.4% |
| Financial debts | 170/4 | €871,080 | €1,119,792 | +€248,712 | +28.6% |
| Other amounts payable | 178/9 | €5,850 | €5,850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €355,090 | €194,059 | -€161,030 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €49,119 | €49,971 | +€852 | +1.7% |
| Financial debts | 43 | €173 | - | -€173 | |
| Credit institutions | 430/8 | €173 | - | -€173 | |
| Trade debts | 44 | €3,066 | €6,485 | +€3,419 | +111.5% |
| Suppliers | 440/4 | €3,066 | €6,485 | +€3,419 | +111.5% |
| Taxes, remuneration and social security | 45 | €80 | €872 | +€793 | +994.6% |
| Taxes | 450/3 | €80 | €872 | +€793 | +994.6% |
| Other amounts payable | 47/48 | €302,652 | €136,731 | -€165,921 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,233 | €20,506 | +€1,274 | +6.6% |
| Other operating charges | 640/8 | €4,453 | €6,640 | +€2,188 | +49.1% |
| Gross operating margin | 9900 | €41,584 | €53,803 | +€12,220 | +29.4% |
| Operating profit (loss) | 9901 | €17,898 | €26,657 | +€8,758 | +48.9% |
| Financial charges | 65/66B | €17,600 | €23,388 | +€5,788 | +32.9% |
| Recurring financial charges | 65 | €17,600 | €23,388 | +€5,788 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €299 | €3,269 | +€2,971 | +994.5% |
| Income taxes | 67/77 | €80 | €874 | +€794 | +996.6% |
| Profit (loss) for the period | 9904 | €219 | €2,395 | +€2,176 | +993.8% |
| Profit (loss) for the period to be appropriated | 9905 | €219 | €2,395 | +€2,176 | +993.8% |
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 3 October 2026 via checked.be.