BLS GROUP: 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.
BLS GROUP
Largest movements
- Tangible fixed assets -€43,123
down €43,123 (-53.7%), from €80,323 to €37,200
- Cash +€38,745
up €38,745 (+1570.3%), from €2,467 to €41,212
mainly Investment in fixed assets (net) (+€31,123) and Depreciation (+€12,000)
- Receivables within one year -€4,894
down €4,894 (-29.8%), from €16,441 to €11,546
of which Other amounts receivable: -€2,721
- Profit (loss) carried forward -€10,904
down €10,904 (-90.2%), from €12,094 to €1,190
- Debts after one year -€10,240
down €10,240 (-30.2%), from €33,940 to €23,700
- Tax, wage and social debts +€9,620
up €9,620 (+67.3%), from €14,300 to €23,919
of which Taxes: +€5,464
- Trade debts +€5,906
up €5,906 (+80.4%), from €7,343 to €13,249
- Current portion of long-term debt -€3,653
down €3,653 (-26.3%), from €13,893 to €10,240
- Staff costs +€65,853
up €65,853 (+83.4%), from €78,941 to €144,795
- Turnover +€57,540
up €57,540 (+47.0%), from €122,538 to €180,078
- Gross operating margin +€56,079
up €56,079 (+61.6%), from €91,074 to €147,153
- Taxes -€6,510
no longer reported in 2024 (was €6,510)
- Depreciation -€4,700
down €4,700 (-28.1%), from €16,700 to €12,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,171 | €90,898 | -€9,272 | -9.3% |
| Fixed assets | 21/28 | €81,263 | €38,140 | -€43,123 | -53.1% |
| Tangible fixed assets | 22/27 | €80,323 | €37,200 | -€43,123 | -53.7% |
| Leasing and similar rights | 25 | €80,323 | €37,200 | -€43,123 | -53.7% |
| Financial fixed assets | 28 | €940 | €940 | = | 0.0% |
| Current assets | 29/58 | €18,908 | €52,758 | +€33,850 | +179.0% |
| Amounts receivable within one year | 40/41 | €16,441 | €11,546 | -€4,894 | -29.8% |
| Trade receivables | 40 | €12,950 | €10,777 | -€2,173 | -16.8% |
| Other amounts receivable | 41 | €3,490 | €769 | -€2,721 | -78.0% |
| Cash at bank and in hand | 54/58 | €2,467 | €41,212 | +€38,745 | +1570.3% |
| Total equity and liabilities | 10/49 | €100,171 | €90,898 | -€9,272 | -9.3% |
| Equity | 10/15 | €30,694 | €19,790 | -€10,904 | -35.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,094 | €1,190 | -€10,904 | -90.2% |
| Amounts payable | 17/49 | €69,476 | €71,108 | +€1,632 | +2.3% |
| Amounts payable after more than one year | 17 | €33,940 | €23,700 | -€10,240 | -30.2% |
| Financial debts | 170/4 | €33,940 | €23,700 | -€10,240 | -30.2% |
| Amounts payable within one year | 42/48 | €35,536 | €47,408 | +€11,872 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €13,893 | €10,240 | -€3,653 | -26.3% |
| Trade debts | 44 | €7,343 | €13,249 | +€5,906 | +80.4% |
| Suppliers | 440/4 | €7,343 | €13,249 | +€5,906 | +80.4% |
| Taxes, remuneration and social security | 45 | €14,300 | €23,919 | +€9,620 | +67.3% |
| Taxes | 450/3 | €1,782 | €7,246 | +€5,464 | +306.6% |
| Remuneration and social security | 454/9 | €12,518 | €16,674 | +€4,156 | +33.2% |
| Turnover | 70 | €122,538 | €180,078 | +€57,540 | +47.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,464 | €32,926 | +€1,462 | +4.6% |
| Remuneration, social security and pensions | 62 | €78,941 | €144,795 | +€65,853 | +83.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,700 | €12,000 | -€4,700 | -28.1% |
| Other operating charges | 640/8 | €701 | €1,997 | +€1,296 | +184.8% |
| Gross operating margin | 9900 | €91,074 | €147,153 | +€56,079 | +61.6% |
| Operating profit (loss) | 9901 | -€5,268 | -€11,639 | -€6,371 | -120.9% |
| Financial income | 75/76B | €69 | €3,893 | +€3,825 | +5571.8% |
| Recurring financial income | 75 | €30 | €3,893 | +€3,863 | +12877.2% |
| Non-recurring financial income | 76B | €39 | €3,893 | +€3,855 | +9975.4% |
| Financial charges | 65/66B | €3,650 | €3,159 | -€491 | -13.5% |
| Recurring financial charges | 65 | €3,315 | €3,042 | -€273 | -8.2% |
| Non-recurring financial charges | 66B | €335 | €117 | -€219 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,849 | -€10,904 | -€2,055 | -23.2% |
| Income taxes | 67/77 | €6,510 | - | -€6,510 | |
| Profit (loss) for the period | 9904 | -€15,359 | -€10,904 | +€4,455 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,359 | -€10,904 | +€4,455 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.