BLR Tech: 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.
BLR Tech
Largest movements
- Receivables within one year +€16,153
up €16,153 (+1579.1%), from €1,023 to €17,176
of which Trade receivables: +€17,176
- Cash -€13,484
down €13,484 (-60.6%), from €22,250 to €8,766
mainly Receivables within one year (-€16,153) and Investment in fixed assets (net) (-€1,074)
- Deferred charges and accrued income +€756
up €756 (+99.3%), from €761 to €1,517
- Tangible fixed assets +€687
up €687 (+181.3%), from €379 to €1,067
- Tax, wage and social debts +€3,891
up €3,891 (+789.4%), from €493 to €4,384
- Accrued charges and deferred income -€990
no longer reported in 2025 (was €990)
- Trade debts +€589
up €589 (+51.0%), from €1,154 to €1,742
- Profit (loss) carried forward +€414
up €414 (+3.2%), from -€12,835 to -€12,421
- Gross operating margin +€8,924
up €8,924, from -€5,563 to €3,361
- Staff costs -€3,134
no longer reported in 2025 (was €3,134)
- Financial charges -€1,469
down €1,469 (-45.7%), from €3,211 to €1,742
- Other operating charges +€270
up €270 (+49.1%), from €549 to €818
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 | €24,413 | €28,525 | +€4,112 | +16.8% |
| Fixed assets | 21/28 | €379 | €1,067 | +€687 | +181.3% |
| Tangible fixed assets | 22/27 | €379 | €1,067 | +€687 | +181.3% |
| Furniture and vehicles | 24 | €379 | €1,067 | +€687 | +181.3% |
| Current assets | 29/58 | €24,034 | €27,458 | +€3,425 | +14.2% |
| Amounts receivable within one year | 40/41 | €1,023 | €17,176 | +€16,153 | +1579.1% |
| Trade receivables | 40 | - | €17,176 | +€17,176 | |
| Other amounts receivable | 41 | €1,023 | - | -€1,023 | |
| Cash at bank and in hand | 54/58 | €22,250 | €8,766 | -€13,484 | -60.6% |
| Deferred charges and accrued income | 490/1 | €761 | €1,517 | +€756 | +99.3% |
| Total equity and liabilities | 10/49 | €24,413 | €28,525 | +€4,112 | +16.8% |
| Equity | 10/15 | -€5,224 | -€4,810 | +€414 | +7.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,611 | €4,611 | = | 0.0% |
| Distributable reserves | 133 | €4,611 | €4,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,835 | -€12,421 | +€414 | +3.2% |
| Amounts payable | 17/49 | €29,636 | €33,335 | +€3,699 | +12.5% |
| Amounts payable within one year | 42/48 | €28,646 | €33,335 | +€4,688 | +16.4% |
| Trade debts | 44 | €1,154 | €1,742 | +€589 | +51.0% |
| Suppliers | 440/4 | €1,154 | €1,742 | +€589 | +51.0% |
| Taxes, remuneration and social security | 45 | €493 | €4,384 | +€3,891 | +789.4% |
| Taxes | 450/3 | €493 | €4,384 | +€3,891 | +789.4% |
| Other amounts payable | 47/48 | €27,000 | €27,209 | +€209 | +0.8% |
| Accrued charges and deferred income | 492/3 | €990 | - | -€990 | |
| Remuneration, social security and pensions | 62 | €3,134 | - | -€3,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €387 | +€7 | +1.8% |
| Other operating charges | 640/8 | €549 | €818 | +€270 | +49.1% |
| Gross operating margin | 9900 | -€5,563 | €3,361 | +€8,924 | |
| Operating profit (loss) | 9901 | -€9,626 | €2,156 | +€11,782 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €3,211 | €1,742 | -€1,469 | -45.7% |
| Recurring financial charges | 65 | €3,211 | €1,742 | -€1,469 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,835 | €414 | +€13,248 | |
| Profit (loss) for the period | 9904 | -€12,835 | €414 | +€13,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,835 | €414 | +€13,248 |
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 7 October 2026 via checked.be.