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BXL Locations: 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.

What changed

BXL Locations

BE 0737.384.595
NACE 59.112, Motion picture, video and television programme production, sound recording and music publishing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€87,372
2024 · €38,629-€126,001
Equity
€144,059
2024 · €231,431-€87,372
Cash
€50,911
2024 · €25,645+€25,266
Balance sheet total
€217,032
2024 · €327,328-€110,297

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€127,129

    down €127,129 (-52.4%), from €242,705 to €115,576

    of which Furniture and vehicles: -€128,185

  • Cash +€25,266

    up €25,266 (+98.5%), from €25,645 to €50,911

    mainly Depreciation (+€94,049) and Investment in fixed assets (net) (+€33,079)

  • Receivables within one year -€6,729

    down €6,729 (-12.3%), from €54,807 to €48,078

    of which Trade receivables: -€20,018

Equity and liabilities
  • Profit (loss) carried forward -€87,372

    down €87,372 (-39.5%), from €221,431 to €134,059

  • Tax, wage and social debts -€16,479

    down €16,479 (-44.6%), from €36,931 to €20,452

  • Other debts -€7,744

    down €7,744 (-14.0%), from €55,338 to €47,594

Income statement
  • Gross operating margin -€71,588

    down €71,588 (-50.4%), from €141,943 to €70,356

  • Other operating charges +€62,844

    up €62,844 (+15,949%), from €394 to €63,238

  • Taxes -€13,542

    no longer reported in 2025 (was €13,542)

  • Depreciation +€5,190

    up €5,190 (+5.8%), from €88,859 to €94,049

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €38,629
Gross operating margin -€71,588
Depreciation -€5,190
Other operating charges -€62,844
Financial income +€698
Financial charges -€620
Taxes +€13,542
Result 2025 -€87,372
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€7,813
Investment +€33,079
Financing €0
Cash 2024 €25,645
Net result for the year -€87,372
Depreciation +€94,049
Receivables within one year +€6,729
Deferred charges and accrued income +€1,705
Trade debts +€1,298
Tax, wage and social debts -€16,479
Other debts -€7,744
Investment in fixed assets (net) +€33,079
Cash 2025 €50,911
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €327,328 €217,032 -€110,297 -33.7%
Fixed assets 21/28 €243,305 €116,176 -€127,129 -52.3%
Tangible fixed assets 22/27 €242,705 €115,576 -€127,129 -52.4%
Plant, machinery and equipment 23 €82,374 €67,176 -€15,199 -18.5%
Furniture and vehicles 24 €160,331 €32,146 -€128,185 -80.0%
Other tangible fixed assets 26 - €16,255 +€16,255
Financial fixed assets 28 €600 €600 = 0.0%
Current assets 29/58 €84,023 €100,855 +€16,832 +20.0%
Amounts receivable within one year 40/41 €54,807 €48,078 -€6,729 -12.3%
Trade receivables 40 €31,884 €11,865 -€20,018 -62.8%
Other amounts receivable 41 €22,924 €36,213 +€13,289 +58.0%
Cash at bank and in hand 54/58 €25,645 €50,911 +€25,266 +98.5%
Deferred charges and accrued income 490/1 €3,572 €1,867 -€1,705 -47.7%
Total equity and liabilities 10/49 €327,328 €217,032 -€110,297 -33.7%
Equity 10/15 €231,431 €144,059 -€87,372 -37.8%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 €221,431 €134,059 -€87,372 -39.5%
Amounts payable 17/49 €95,897 €72,972 -€22,925 -23.9%
Amounts payable within one year 42/48 €95,897 €72,972 -€22,925 -23.9%
Trade debts 44 €3,628 €4,926 +€1,298 +35.8%
Suppliers 440/4 €3,628 €4,926 +€1,298 +35.8%
Taxes, remuneration and social security 45 €36,931 €20,452 -€16,479 -44.6%
Taxes 450/3 €36,931 €20,452 -€16,479 -44.6%
Other amounts payable 47/48 €55,338 €47,594 -€7,744 -14.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €88,859 €94,049 +€5,190 +5.8%
Other operating charges 640/8 €394 €63,238 +€62,844 +15,949%
Gross operating margin 9900 €141,943 €70,356 -€71,588 -50.4%
Operating profit (loss) 9901 €52,690 -€86,931 -€139,621
Financial income 75/76B - €698 +€698
Recurring financial income 75 - €698 +€698
Financial charges 65/66B €519 €1,139 +€620 +119%
Recurring financial charges 65 €519 €1,139 +€620 +119%
Profit (loss) for the period before taxes 9903 €52,171 -€87,372 -€139,543
Income taxes 67/77 €13,542 - -€13,542
Profit (loss) for the period 9904 €38,629 -€87,372 -€126,001
Profit (loss) for the period to be appropriated 9905 €38,629 -€87,372 -€126,001

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 31 October 2026 via checked.be.