BLSSM: what changed
Two financial 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.
BLSSM
Largest movements
- Cash +€61,640
up €61,640 (+42.1%), from €146,380 to €208,020
mainly Net result for the year (+€77,186) and Accrued charges and deferred income (+€28,000)
- Deferred charges and accrued income +€22,764
up €22,764 (+1665.9%), from €1,367 to €24,131
- Receivables within one year +€3,792
up €3,792 (+24.6%), from €15,431 to €19,223
of which Trade receivables: +€3,795
- Reserves +€77,000
new in 2025: €77,000
- Accrued charges and deferred income +€28,000
new in 2025: €28,000
- Other debts -€23,998
down €23,998 (-68.0%), from €35,296 to €11,298
- Tax, wage and social debts +€5,744
up €5,744 (+16.5%), from €34,811 to €40,555
- Taxes +€8,891
up €8,891 (+41.0%), from €21,696 to €30,588
- Gross operating margin +€7,323
up €7,323 (+7.0%), from €104,656 to €111,978
- Financial charges +€2,028
up €2,028 (+119.6%), from €1,696 to €3,724
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 | €163,977 | €251,837 | +€87,860 | +53.6% |
| Fixed assets | 21/28 | €799 | €463 | -€336 | -42.1% |
| Tangible fixed assets | 22/27 | €799 | €463 | -€336 | -42.1% |
| Furniture and vehicles | 24 | €799 | €463 | -€336 | -42.1% |
| Current assets | 29/58 | €163,178 | €251,374 | +€88,196 | +54.0% |
| Amounts receivable within one year | 40/41 | €15,431 | €19,223 | +€3,792 | +24.6% |
| Trade receivables | 40 | €15,428 | €19,223 | +€3,795 | +24.6% |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €146,380 | €208,020 | +€61,640 | +42.1% |
| Deferred charges and accrued income | 490/1 | €1,367 | €24,131 | +€22,764 | +1665.9% |
| Total equity and liabilities | 10/49 | €163,977 | €251,837 | +€87,860 | +53.6% |
| Equity | 10/15 | €90,885 | €168,070 | +€77,186 | +84.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €77,000 | +€77,000 | |
| Distributable reserves | 133 | - | €77,000 | +€77,000 | |
| Profit (loss) carried forward | 14 | €80,885 | €81,070 | +€186 | +0.2% |
| Amounts payable | 17/49 | €73,092 | €83,766 | +€10,674 | +14.6% |
| Amounts payable within one year | 42/48 | €73,092 | €55,766 | -€17,326 | -23.7% |
| Trade debts | 44 | €2,986 | €3,914 | +€928 | +31.1% |
| Suppliers | 440/4 | €2,986 | €3,914 | +€928 | +31.1% |
| Taxes, remuneration and social security | 45 | €34,811 | €40,555 | +€5,744 | +16.5% |
| Taxes | 450/3 | €34,811 | €40,555 | +€5,744 | +16.5% |
| Other amounts payable | 47/48 | €35,296 | €11,298 | -€23,998 | -68.0% |
| Accrued charges and deferred income | 492/3 | - | €28,000 | +€28,000 | |
| Remuneration, social security and pensions | 62 | - | €92 | +€92 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | €336 | +€8 | +2.3% |
| Other operating charges | 640/8 | €50 | €167 | +€117 | +233.8% |
| Gross operating margin | 9900 | €104,656 | €111,978 | +€7,323 | +7.0% |
| Operating profit (loss) | 9901 | €104,277 | €111,383 | +€7,106 | +6.8% |
| Financial income | 75/76B | €0 | €114 | +€114 | +1140700.0% |
| Recurring financial income | 75 | €0 | €114 | +€114 | +1140700.0% |
| Financial charges | 65/66B | €1,696 | €3,724 | +€2,028 | +119.6% |
| Recurring financial charges | 65 | €1,696 | €3,724 | +€2,028 | +119.6% |
| Profit (loss) for the period before taxes | 9903 | €102,581 | €107,773 | +€5,192 | +5.1% |
| Income taxes | 67/77 | €21,696 | €30,588 | +€8,891 | +41.0% |
| Profit (loss) for the period | 9904 | €80,885 | €77,186 | -€3,699 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,885 | €77,186 | -€3,699 | -4.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.