BLT ENERGIE: what changed
BLT ENERGIE
Largest movements
- Receivables within one year +€70,157
up €70,157 (+359%), from €19,560 to €89,717
of which Other amounts receivable: +€42,039
- Cash +€29,749
up €29,749 (+31.2%), from €95,341 to €125,090
mainly Net result for the year (+€72,171) and Tax, wage and social debts (+€29,477)
- Tangible fixed assets -€22,780
down €22,780 (-22.5%), from €101,245 to €78,465
- Deferred charges and accrued income -€3,990
down €3,990 (-36.2%), from €11,034 to €7,044
- Profit (loss) carried forward +€72,171
up €72,171 (+83.0%), from €86,979 to €159,150
- Tax, wage and social debts +€29,477
up €29,477 (+83.1%), from €35,473 to €64,950
- Debts after one year -€19,231
down €19,231 (-26.5%), from €72,453 to €53,222
- Trade debts -€7,647
down €7,647 (-90.9%), from €8,411 to €763
- Depreciation +€13,713
up €13,713 (+151%), from €9,067 to €22,780
- Gross operating margin -€10,013
down €10,013 (-7.9%), from €126,587 to €116,574
- Taxes -€5,880
down €5,880 (-23.0%), from €25,546 to €19,666
- Other operating charges -€2,556
down €2,556 (-96.2%), from €2,658 to €102
- Financial charges +€1,613
up €1,613 (+99.5%), from €1,621 to €3,235
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,181 | €300,316 | +€73,135 | +32.2% |
| Fixed assets | 21/28 | €101,245 | €78,465 | -€22,780 | -22.5% |
| Tangible fixed assets | 22/27 | €101,245 | €78,465 | -€22,780 | -22.5% |
| Furniture and vehicles | 24 | €101,245 | €78,465 | -€22,780 | -22.5% |
| Current assets | 29/58 | €125,936 | €221,851 | +€95,915 | +76.2% |
| Amounts receivable within one year | 40/41 | €19,560 | €89,717 | +€70,157 | +359% |
| Trade receivables | 40 | €15,798 | €43,915 | +€28,117 | +178% |
| Other amounts receivable | 41 | €3,763 | €45,802 | +€42,039 | +1,117% |
| Cash at bank and in hand | 54/58 | €95,341 | €125,090 | +€29,749 | +31.2% |
| Deferred charges and accrued income | 490/1 | €11,034 | €7,044 | -€3,990 | -36.2% |
| Total equity and liabilities | 10/49 | €227,181 | €300,316 | +€73,135 | +32.2% |
| Equity | 10/15 | €89,979 | €162,150 | +€72,171 | +80.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,979 | €159,150 | +€72,171 | +83.0% |
| Amounts payable | 17/49 | €137,202 | €138,166 | +€964 | +0.7% |
| Amounts payable after more than one year | 17 | €72,453 | €53,222 | -€19,231 | -26.5% |
| Financial debts | 170/4 | €72,453 | €53,222 | -€19,231 | -26.5% |
| Amounts payable within one year | 42/48 | €63,226 | €84,944 | +€21,718 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | €18,509 | €19,231 | +€722 | +3.9% |
| Trade debts | 44 | €8,411 | €763 | -€7,647 | -90.9% |
| Suppliers | 440/4 | €8,411 | €763 | -€7,647 | -90.9% |
| Taxes, remuneration and social security | 45 | €35,473 | €64,950 | +€29,477 | +83.1% |
| Taxes | 450/3 | €35,473 | €64,950 | +€29,477 | +83.1% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Accrued charges and deferred income | 492/3 | €1,523 | - | -€1,523 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,067 | €22,780 | +€13,713 | +151% |
| Other operating charges | 640/8 | €2,658 | €102 | -€2,556 | -96.2% |
| Gross operating margin | 9900 | €126,587 | €116,574 | -€10,013 | -7.9% |
| Operating profit (loss) | 9901 | €114,862 | €93,692 | -€21,170 | -18.4% |
| Financial income | 75/76B | €118 | €1,380 | +€1,263 | +1,074% |
| Recurring financial income | 75 | €118 | €1,380 | +€1,263 | +1,074% |
| Financial charges | 65/66B | €1,621 | €3,235 | +€1,613 | +99.5% |
| Recurring financial charges | 65 | €1,621 | €3,235 | +€1,613 | +99.5% |
| Profit (loss) for the period before taxes | 9903 | €113,358 | €91,837 | -€21,521 | -19.0% |
| Income taxes | 67/77 | €25,546 | €19,666 | -€5,880 | -23.0% |
| Profit (loss) for the period | 9904 | €87,812 | €72,171 | -€15,641 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €87,812 | €72,171 | -€15,641 | -17.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.