BLxC: 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.
BLxC
Largest movements
- Cash +€71,977
up €71,977 (+254.8%), from €28,249 to €100,226
mainly Net result for the year (+€41,048) and Current investments (+€25,500)
- Current investments -€25,500
down €25,500 (-85.0%), from €30,000 to €4,500
- Receivables within one year +€7,888
up €7,888 (+33.6%), from €23,463 to €31,351
of which Other amounts receivable: +€7,034
- Tangible fixed assets +€2,994
up €2,994 (+84.9%), from €3,527 to €6,520
of which Other tangible fixed assets: +€4,079
- Reserves +€41,048
up €41,048 (+66.3%), from €61,930 to €102,979
- Tax, wage and social debts +€9,010
up €9,010 (+44.4%), from €20,270 to €29,280
- Trade debts +€7,287
up €7,287 (+240.7%), from €3,028 to €10,315
- Gross operating margin -€41,358
down €41,358 (-27.4%), from €150,887 to €109,529
- Other operating charges -€21,068
down €21,068 (-30.2%), from €69,762 to €48,694
- Taxes -€6,351
down €6,351 (-35.4%), from €17,917 to €11,566
- Financial charges +€2,127
up €2,127 (+7268.3%), from €29 to €2,156
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 | €88,229 | €145,574 | +€57,346 | +65.0% |
| Fixed assets | 21/28 | €4,877 | €7,870 | +€2,994 | +61.4% |
| Tangible fixed assets | 22/27 | €3,527 | €6,520 | +€2,994 | +84.9% |
| Plant, machinery and equipment | 23 | €3,527 | €2,442 | -€1,085 | -30.8% |
| Other tangible fixed assets | 26 | - | €4,079 | +€4,079 | |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €83,352 | €137,704 | +€54,352 | +65.2% |
| Amounts receivable within one year | 40/41 | €23,463 | €31,351 | +€7,888 | +33.6% |
| Trade receivables | 40 | €17,481 | €18,334 | +€854 | +4.9% |
| Other amounts receivable | 41 | €5,983 | €13,017 | +€7,034 | +117.6% |
| Current investments | 50/53 | €30,000 | €4,500 | -€25,500 | -85.0% |
| Cash at bank and in hand | 54/58 | €28,249 | €100,226 | +€71,977 | +254.8% |
| Deferred charges and accrued income | 490/1 | €1,640 | €1,627 | -€13 | -0.8% |
| Total equity and liabilities | 10/49 | €88,229 | €145,574 | +€57,346 | +65.0% |
| Equity | 10/15 | €64,930 | €105,979 | +€41,048 | +63.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €61,930 | €102,979 | +€41,048 | +66.3% |
| Distributable reserves | 133 | €61,930 | €102,979 | +€41,048 | +66.3% |
| Amounts payable | 17/49 | €23,298 | €39,595 | +€16,297 | +70.0% |
| Amounts payable within one year | 42/48 | €23,298 | €39,595 | +€16,297 | +70.0% |
| Trade debts | 44 | €3,028 | €10,315 | +€7,287 | +240.7% |
| Suppliers | 440/4 | €3,028 | €10,315 | +€7,287 | +240.7% |
| Taxes, remuneration and social security | 45 | €20,270 | €29,280 | +€9,010 | +44.4% |
| Taxes | 450/3 | €20,270 | €29,280 | +€9,010 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,521 | €1,096 | -€424 | -27.9% |
| Other operating charges | 640/8 | €69,762 | €48,694 | -€21,068 | -30.2% |
| Non-recurring operating charges | 66A | - | €5,447 | +€5,447 | |
| Gross operating margin | 9900 | €150,887 | €109,529 | -€41,358 | -27.4% |
| Operating profit (loss) | 9901 | €79,604 | €54,292 | -€25,313 | -31.8% |
| Financial income | 75/76B | €273 | €479 | +€206 | +75.7% |
| Recurring financial income | 75 | €273 | €479 | +€206 | +75.7% |
| Financial charges | 65/66B | €29 | €2,156 | +€2,127 | +7268.3% |
| Recurring financial charges | 65 | €29 | €2,156 | +€2,127 | +7268.3% |
| Profit (loss) for the period before taxes | 9903 | €79,848 | €52,615 | -€27,233 | -34.1% |
| Income taxes | 67/77 | €17,917 | €11,566 | -€6,351 | -35.4% |
| Profit (loss) for the period | 9904 | €61,930 | €41,048 | -€20,882 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,930 | €41,048 | -€20,882 | -33.7% |
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 30 September 2026 via checked.be.