BSL: 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.
BSL
Largest movements
- Stocks and contracts +€30,126
up €30,126 (+32.2%), from €93,519 to €123,645
- Receivables within one year -€13,958
down €13,958 (-41.5%), from €33,604 to €19,645
- Cash +€3,318
up €3,318 (+22.6%), from €14,680 to €17,998
mainly Other debts (+€23,016) and Receivables within one year (+€13,958)
- Other debts +€23,016
up €23,016 (+172.3%), from €13,359 to €36,375
- Current portion of long-term debt -€15,648
no longer reported in 2024 (was €15,648)
- Profit (loss) carried forward +€4,678
up €4,678 (+48.6%), from -€9,628 to -€4,950
- Trade debts +€3,854
up €3,854 (+4.1%), from €94,726 to €98,580
- Tax, wage and social debts +€2,823
up €2,823 (+22.7%), from €12,423 to €15,246
- Turnover +€24,139
up €24,139 (+12.7%), from €190,267 to €214,405
- Purchases and services +€12,786
up €12,786 (+6.6%), from €194,212 to €206,997
- Gross operating margin +€11,353
up €11,353, from -€3,945 to €7,408
- Depreciation -€5,707
down €5,707 (-88.2%), from €6,469 to €762
- Taxes -€3,050
no longer reported in 2024 (was €3,050)
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.
Cash bridge derived
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 | €146,527 | €165,250 | +€18,724 | +12.8% |
| Fixed assets | 21/28 | €4,724 | €3,962 | -€762 | -16.1% |
| Tangible fixed assets | 22/27 | €4,724 | €3,962 | -€762 | -16.1% |
| Plant, machinery and equipment | 23 | €4,000 | €3,600 | -€400 | -10.0% |
| Furniture and vehicles | 24 | €724 | €362 | -€362 | -50.0% |
| Current assets | 29/58 | €141,803 | €161,289 | +€19,486 | +13.7% |
| Stocks and contracts in progress | 3 | €93,519 | €123,645 | +€30,126 | +32.2% |
| Stocks | 30/36 | €93,519 | €123,645 | +€30,126 | +32.2% |
| Amounts receivable within one year | 40/41 | €33,604 | €19,645 | -€13,958 | -41.5% |
| Trade receivables | 40 | €33,604 | €19,645 | -€13,958 | -41.5% |
| Cash at bank and in hand | 54/58 | €14,680 | €17,998 | +€3,318 | +22.6% |
| Total equity and liabilities | 10/49 | €146,527 | €165,250 | +€18,724 | +12.8% |
| Equity | 10/15 | €10,372 | €15,050 | +€4,678 | +45.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,628 | -€4,950 | +€4,678 | +48.6% |
| Amounts payable | 17/49 | €136,155 | €150,201 | +€14,046 | +10.3% |
| Amounts payable within one year | 42/48 | €136,155 | €150,201 | +€14,046 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €15,648 | - | -€15,648 | |
| Trade debts | 44 | €94,726 | €98,580 | +€3,854 | +4.1% |
| Suppliers | 440/4 | €94,726 | €98,580 | +€3,854 | +4.1% |
| Taxes, remuneration and social security | 45 | €12,423 | €15,246 | +€2,823 | +22.7% |
| Taxes | 450/3 | €12,423 | €15,246 | +€2,823 | +22.7% |
| Other amounts payable | 47/48 | €13,359 | €36,375 | +€23,016 | +172.3% |
| Turnover | 70 | €190,267 | €214,405 | +€24,139 | +12.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €194,212 | €206,997 | +€12,786 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,469 | €762 | -€5,707 | -88.2% |
| Other operating charges | 640/8 | €3,199 | €1,783 | -€1,415 | -44.2% |
| Non-recurring operating charges | 66A | - | €80 | +€80 | |
| Gross operating margin | 9900 | -€3,945 | €7,408 | +€11,353 | |
| Operating profit (loss) | 9901 | -€13,612 | €4,783 | +€18,395 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €217 | €105 | -€112 | -51.6% |
| Recurring financial charges | 65 | €90 | €105 | +€15 | +16.7% |
| Non-recurring financial charges | 66B | €127 | - | -€127 | |
| Profit (loss) for the period before taxes | 9903 | -€13,826 | €4,678 | +€18,504 | |
| Income taxes | 67/77 | €3,050 | - | -€3,050 | |
| Profit (loss) for the period | 9904 | -€16,876 | €4,678 | +€21,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,876 | €4,678 | +€21,554 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.