BSLAW Brussels: 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.
BSLAW Brussels
Largest movements
- Tangible fixed assets -€25,800
down €25,800 (-23.9%), from €107,930 to €82,129
of which Furniture and vehicles: -€21,931
- Receivables within one year +€15,503
up €15,503 (+12.5%), from €123,561 to €139,064
of which Trade receivables: +€21,757
- Cash +€6,641
up €6,641 (+1,099%), from €604 to €7,245
mainly Net result for the year (+€34,201) and Depreciation (+€25,800)
- Tax, wage and social debts -€49,136
down €49,136 (-93.5%), from €52,525 to €3,389
- Reserves +€34,201
up €34,201 (+122%), from €27,972 to €62,174
- Trade debts +€13,203
up €13,203 (+57.7%), from €22,898 to €36,101
- Other debts -€3,195
down €3,195 (-81.7%), from €3,912 to €717
- Gross operating margin +€89,613
up €89,613, from -€23,160 to €66,453
- Taxes +€3,751
new in 2025: €3,751
- Other operating charges +€1,463
up €1,463 (+1,009%), from €145 to €1,608
- Financial charges +€1,257
up €1,257 (+241%), from €522 to €1,779
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.
Derived cash bridge
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 | €234,695 | €231,267 | -€3,428 | -1.5% |
| Fixed assets | 21/28 | €107,930 | €82,129 | -€25,800 | -23.9% |
| Tangible fixed assets | 22/27 | €107,930 | €82,129 | -€25,800 | -23.9% |
| Furniture and vehicles | 24 | €48,780 | €26,848 | -€21,931 | -45.0% |
| Other tangible fixed assets | 26 | €59,150 | €55,281 | -€3,869 | -6.5% |
| Current assets | 29/58 | €126,766 | €149,138 | +€22,372 | +17.6% |
| Amounts receivable within one year | 40/41 | €123,561 | €139,064 | +€15,503 | +12.5% |
| Trade receivables | 40 | €77,538 | €99,295 | +€21,757 | +28.1% |
| Other amounts receivable | 41 | €46,023 | €39,769 | -€6,254 | -13.6% |
| Cash at bank and in hand | 54/58 | €604 | €7,245 | +€6,641 | +1,099% |
| Deferred charges and accrued income | 490/1 | €2,601 | €2,829 | +€229 | +8.8% |
| Total equity and liabilities | 10/49 | €234,695 | €231,267 | -€3,428 | -1.5% |
| Equity | 10/15 | €154,676 | €188,877 | +€34,201 | +22.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €27,972 | €62,174 | +€34,201 | +122% |
| Distributable reserves | 133 | €27,972 | €62,174 | +€34,201 | +122% |
| Profit (loss) carried forward | 14 | €116,703 | €116,703 | = | 0.0% |
| Amounts payable | 17/49 | €80,020 | €42,390 | -€37,629 | -47.0% |
| Amounts payable within one year | 42/48 | €79,335 | €40,207 | -€39,128 | -49.3% |
| Trade debts | 44 | €22,898 | €36,101 | +€13,203 | +57.7% |
| Suppliers | 440/4 | €22,898 | €36,101 | +€13,203 | +57.7% |
| Taxes, remuneration and social security | 45 | €52,525 | €3,389 | -€49,136 | -93.5% |
| Taxes | 450/3 | €52,525 | €3,389 | -€49,136 | -93.5% |
| Other amounts payable | 47/48 | €3,912 | €717 | -€3,195 | -81.7% |
| Accrued charges and deferred income | 492/3 | €685 | €2,183 | +€1,498 | +219% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,800 | €25,800 | = | 0.0% |
| Other operating charges | 640/8 | €145 | €1,608 | +€1,463 | +1,009% |
| Gross operating margin | 9900 | -€23,160 | €66,453 | +€89,613 | |
| Operating profit (loss) | 9901 | -€49,106 | €39,044 | +€88,150 | |
| Financial income | 75/76B | €1,014 | €688 | -€327 | -32.2% |
| Recurring financial income | 75 | €1,014 | €688 | -€327 | -32.2% |
| Financial charges | 65/66B | €522 | €1,779 | +€1,257 | +241% |
| Recurring financial charges | 65 | €522 | €1,779 | +€1,257 | +241% |
| Profit (loss) for the period before taxes | 9903 | -€48,614 | €37,952 | +€86,566 | |
| Income taxes | 67/77 | - | €3,751 | +€3,751 | |
| Profit (loss) for the period | 9904 | -€48,614 | €34,201 | +€82,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,614 | €34,201 | +€82,815 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.