BLZ: 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.
BLZ
Largest movements
- Cash +€8,836
up €8,836 (+68.0%), from €12,984 to €21,819
mainly Net result for the year (+€5,766) and Other debts (+€3,263)
- Receivables after one year +€1,200
up €1,200 (+2.6%), from €45,370 to €46,570
- Profit (loss) carried forward +€5,766
up €5,766 (+27.5%), from €20,960 to €26,726
- Other debts +€3,263
up €3,263 (+13.3%), from €24,585 to €27,847
- Tax, wage and social debts +€761
up €761 (+5.6%), from €13,500 to €14,261
- Gross operating margin +€11,357
up €11,357, from -€3,664 to €7,693
- Other operating charges +€920
new in 2025: €920
- Taxes +€761
new in 2025: €761
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 | €60,045 | €69,834 | +€9,790 | +16.3% |
| Fixed assets | 21/28 | €323 | €77 | -€246 | -76.2% |
| Tangible fixed assets | 22/27 | €323 | €77 | -€246 | -76.2% |
| Furniture and vehicles | 24 | €323 | €77 | -€246 | -76.2% |
| Current assets | 29/58 | €59,722 | €69,757 | +€10,036 | +16.8% |
| Amounts receivable after more than one year | 29 | €45,370 | €46,570 | +€1,200 | +2.6% |
| Other amounts receivable | 291 | €45,370 | €46,570 | +€1,200 | +2.6% |
| Amounts receivable within one year | 40/41 | €1,049 | €1,049 | = | 0.0% |
| Other amounts receivable | 41 | €1,049 | €1,049 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,984 | €21,819 | +€8,836 | +68.0% |
| Deferred charges and accrued income | 490/1 | €318 | €318 | = | 0.0% |
| Total equity and liabilities | 10/49 | €60,045 | €69,834 | +€9,790 | +16.3% |
| Equity | 10/15 | €21,960 | €27,726 | +€5,766 | +26.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,960 | €26,726 | +€5,766 | +27.5% |
| Amounts payable | 17/49 | €38,085 | €42,108 | +€4,024 | +10.6% |
| Amounts payable within one year | 42/48 | €38,085 | €42,108 | +€4,024 | +10.6% |
| Taxes, remuneration and social security | 45 | €13,500 | €14,261 | +€761 | +5.6% |
| Taxes | 450/3 | €13,500 | €14,261 | +€761 | +5.6% |
| Other amounts payable | 47/48 | €24,585 | €27,847 | +€3,263 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246 | €246 | = | 0.0% |
| Other operating charges | 640/8 | - | €920 | +€920 | |
| Gross operating margin | 9900 | -€3,664 | €7,693 | +€11,357 | |
| Operating profit (loss) | 9901 | -€3,910 | €6,527 | +€10,437 | |
| Financial charges | 65/66B | €74 | - | -€74 | |
| Recurring financial charges | 65 | €74 | - | -€74 | |
| Profit (loss) for the period before taxes | 9903 | -€3,984 | €6,527 | +€10,511 | |
| Income taxes | 67/77 | - | €761 | +€761 | |
| Profit (loss) for the period | 9904 | -€3,984 | €5,766 | +€9,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,984 | €5,766 | +€9,750 |
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 1 October 2026 via checked.be.