BLY 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.
BLY Group
Largest movements
- Tangible fixed assets +€74,198
new in 2025: €74,198
- Receivables within one year +€18,638
up €18,638 (+112.0%), from €16,641 to €35,279
- Cash -€4,321
down €4,321 (-5.0%), from €87,055 to €82,734
- Other debts +€60,585
up €60,585 (+83.7%), from €72,375 to €132,960
- Reserves +€40,632
new in 2025: €40,632
- Tax, wage and social debts -€12,772
no longer reported in 2025 (was €12,772)
- Financial income -€79,434
down €79,434 (-98.7%), from €80,511 to €1,077
of which Non-recurring financial income: -€80,000
- Depreciation +€1,994
new in 2025: €1,994
- Gross operating margin +€482
up €482 (+10.3%), from -€4,698 to -€4,215
- Other operating charges +€479
up €479 (+64.9%), from €739 to €1,218
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,697 | €192,211 | +€88,514 | +85.4% |
| Fixed assets | 21/28 | €1 | €74,199 | +€74,198 | +7419777.0% |
| Tangible fixed assets | 22/27 | - | €74,198 | +€74,198 | |
| Land and buildings | 22 | - | €74,198 | +€74,198 | |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €103,696 | €118,012 | +€14,316 | +13.8% |
| Amounts receivable within one year | 40/41 | €16,641 | €35,279 | +€18,638 | +112.0% |
| Other amounts receivable | 41 | €16,641 | €35,279 | +€18,638 | +112.0% |
| Cash at bank and in hand | 54/58 | €87,055 | €82,734 | -€4,321 | -5.0% |
| Total equity and liabilities | 10/49 | €103,697 | €192,211 | +€88,514 | +85.4% |
| Equity | 10/15 | €18,550 | €59,182 | +€40,632 | +219.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €40,632 | +€40,632 | |
| Distributable reserves | 133 | - | €40,632 | +€40,632 | |
| Amounts payable | 17/49 | €85,147 | €133,029 | +€47,882 | +56.2% |
| Amounts payable within one year | 42/48 | €85,147 | €133,029 | +€47,882 | +56.2% |
| Trade debts | 44 | - | €69 | +€69 | |
| Suppliers | 440/4 | - | €69 | +€69 | |
| Taxes, remuneration and social security | 45 | €12,772 | - | -€12,772 | |
| Taxes | 450/3 | €12,772 | - | -€12,772 | |
| Other amounts payable | 47/48 | €72,375 | €132,960 | +€60,585 | +83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,994 | +€1,994 | |
| Other operating charges | 640/8 | €739 | €1,218 | +€479 | +64.9% |
| Gross operating margin | 9900 | -€4,698 | -€4,215 | +€482 | +10.3% |
| Operating profit (loss) | 9901 | -€5,436 | -€7,427 | -€1,991 | -36.6% |
| Financial income | 75/76B | €80,511 | €1,077 | -€79,434 | -98.7% |
| Recurring financial income | 75 | €511 | €1,077 | +€566 | +110.8% |
| Non-recurring financial income | 76B | €80,000 | - | -€80,000 | |
| Financial charges | 65/66B | €30 | - | -€30 | |
| Recurring financial charges | 65 | €30 | - | -€30 | |
| Profit (loss) for the period before taxes | 9903 | €75,045 | -€6,350 | -€81,395 | |
| Profit (loss) for the period | 9904 | €75,045 | -€6,350 | -€81,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,045 | -€6,350 | -€81,395 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.