BLX Management: 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.
BLX Management
Largest movements
- Receivables within one year +€21,560
up €21,560 (+69.0%), from €31,242 to €52,802
of which Other amounts receivable: +€31,001
- Cash -€1,146
down €1,146 (-49.9%), from €2,295 to €1,149
mainly Receivables within one year (-€21,560) and Trade debts (-€11,342)
- Tax, wage and social debts +€12,791
up €12,791 (+619%), from €2,066 to €14,857
- Profit (loss) carried forward +€12,091
up €12,091 (+223%), from €5,434 to €17,524
- Trade debts -€11,342
down €11,342 (-48.0%), from €23,613 to €12,271
- Other debts +€6,490
new in 2024: €6,490
- Gross operating margin +€9,662
up €9,662 (+135%), from €7,163 to €16,825
- Taxes +€3,576
up €3,576 (+173%), from €2,066 to €5,642
- Financial income +€1,724
up €1,724 (+306%), from €563 to €2,287
- Other operating charges +€849
new in 2024: €849
- Depreciation +€192
up €192 (+100.0%), from €192 to €383
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.
Derived cash bridge
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 | €37,113 | €57,143 | +€20,030 | +54.0% |
| Fixed assets | 21/28 | €3,575 | €3,192 | -€383 | -10.7% |
| Tangible fixed assets | 22/27 | €575 | €192 | -€383 | -66.7% |
| Furniture and vehicles | 24 | €575 | €192 | -€383 | -66.7% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €33,537 | €53,951 | +€20,414 | +60.9% |
| Amounts receivable within one year | 40/41 | €31,242 | €52,802 | +€21,560 | +69.0% |
| Trade receivables | 40 | €9,945 | €503 | -€9,442 | -94.9% |
| Other amounts receivable | 41 | €21,297 | €52,298 | +€31,001 | +146% |
| Cash at bank and in hand | 54/58 | €2,295 | €1,149 | -€1,146 | -49.9% |
| Total equity and liabilities | 10/49 | €37,113 | €57,143 | +€20,030 | +54.0% |
| Equity | 10/15 | €11,434 | €23,524 | +€12,091 | +106% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,434 | €17,524 | +€12,091 | +223% |
| Amounts payable | 17/49 | €25,679 | €33,618 | +€7,939 | +30.9% |
| Amounts payable within one year | 42/48 | €25,679 | €33,618 | +€7,939 | +30.9% |
| Trade debts | 44 | €23,613 | €12,271 | -€11,342 | -48.0% |
| Suppliers | 440/4 | €23,613 | €12,271 | -€11,342 | -48.0% |
| Taxes, remuneration and social security | 45 | €2,066 | €14,857 | +€12,791 | +619% |
| Taxes | 450/3 | €2,066 | €14,857 | +€12,791 | +619% |
| Other amounts payable | 47/48 | - | €6,490 | +€6,490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192 | €383 | +€192 | +100.0% |
| Other operating charges | 640/8 | - | €849 | +€849 | |
| Gross operating margin | 9900 | €7,163 | €16,825 | +€9,662 | +135% |
| Operating profit (loss) | 9901 | €6,971 | €15,593 | +€8,622 | +124% |
| Financial income | 75/76B | €563 | €2,287 | +€1,724 | +306% |
| Recurring financial income | 75 | €563 | €2,287 | +€1,724 | +306% |
| Financial charges | 65/66B | €35 | €147 | +€113 | +327% |
| Recurring financial charges | 65 | €35 | €147 | +€113 | +327% |
| Profit (loss) for the period before taxes | 9903 | €7,499 | €17,733 | +€10,233 | +136% |
| Income taxes | 67/77 | €2,066 | €5,642 | +€3,576 | +173% |
| Profit (loss) for the period | 9904 | €5,434 | €12,091 | +€6,657 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €5,434 | €12,091 | +€6,657 | +123% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.