BXL MOTION: 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.
BXL MOTION
Largest movements
- Receivables within one year +€20,113
up €20,113 (+6,656%), from €302 to €20,415
of which Trade receivables: +€20,146
- Cash +€8,084
up €8,084 (+121%), from €6,656 to €14,739
mainly Net result for the year (+€22,165) and Other debts (+€16,682)
- Tangible fixed assets -€3,776
down €3,776 (-27.2%), from €13,908 to €10,132
of which Plant, machinery and equipment: -€2,987
- Other debts +€16,682
up €16,682 (+112%), from €14,946 to €31,628
- Tax, wage and social debts +€4,287
up €4,287 (+195%), from €2,195 to €6,482
- Profit (loss) carried forward +€3,802
up €3,802, from -€3,802 to €0
- Gross operating margin +€24,010
up €24,010 (+299%), from €8,027 to €32,036
- Taxes +€4,706
new in 2025: €4,706
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 | €20,866 | €45,526 | +€24,661 | +118% |
| Fixed assets | 21/28 | €13,908 | €10,132 | -€3,776 | -27.2% |
| Tangible fixed assets | 22/27 | €13,908 | €10,132 | -€3,776 | -27.2% |
| Plant, machinery and equipment | 23 | €7,730 | €4,743 | -€2,987 | -38.6% |
| Other tangible fixed assets | 26 | €6,178 | €5,389 | -€789 | -12.8% |
| Current assets | 29/58 | €6,958 | €35,395 | +€28,437 | +409% |
| Amounts receivable within one year | 40/41 | €302 | €20,415 | +€20,113 | +6,656% |
| Trade receivables | 40 | €261 | €20,407 | +€20,146 | +7,713% |
| Other amounts receivable | 41 | €41 | €9 | -€33 | -79.3% |
| Cash at bank and in hand | 54/58 | €6,656 | €14,739 | +€8,084 | +121% |
| Deferred charges and accrued income | 490/1 | - | €240 | +€240 | |
| Total equity and liabilities | 10/49 | €20,866 | €45,526 | +€24,661 | +118% |
| Equity | 10/15 | -€802 | €3,000 | +€3,802 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,802 | €0 | +€3,802 | |
| Amounts payable | 17/49 | €21,668 | €42,526 | +€20,859 | +96.3% |
| Amounts payable within one year | 42/48 | €21,668 | €42,526 | +€20,859 | +96.3% |
| Trade debts | 44 | €4,527 | €4,417 | -€110 | -2.4% |
| Suppliers | 440/4 | €4,527 | €4,417 | -€110 | -2.4% |
| Taxes, remuneration and social security | 45 | €2,195 | €6,482 | +€4,287 | +195% |
| Taxes | 450/3 | €2,195 | €6,482 | +€4,287 | +195% |
| Other amounts payable | 47/48 | €14,946 | €31,628 | +€16,682 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,588 | €3,776 | +€189 | +5.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,027 | €32,036 | +€24,010 | +299% |
| Operating profit (loss) | 9901 | €4,051 | €27,860 | +€23,809 | +588% |
| Financial income | 75/76B | €29 | €255 | +€227 | +787% |
| Recurring financial income | 75 | €29 | €255 | +€227 | +787% |
| Financial charges | 65/66B | €1,015 | €1,245 | +€230 | +22.6% |
| Recurring financial charges | 65 | €1,015 | €1,245 | +€230 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €3,065 | €26,871 | +€23,806 | +777% |
| Income taxes | 67/77 | - | €4,706 | +€4,706 | |
| Profit (loss) for the period | 9904 | €3,065 | €22,165 | +€19,100 | +623% |
| Profit (loss) for the period to be appropriated | 9905 | €3,065 | €22,165 | +€19,100 | +623% |
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 13 October 2026 via checked.be.