BXL Tech: 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.
BXL Tech
Largest movements
- Receivables within one year +€17,596
up €17,596 (+116.7%), from €15,080 to €32,676
of which Trade receivables: +€17,202
- Cash -€16,350
down €16,350 (-21.4%), from €76,537 to €60,187
mainly Contributions, distributions and other (-€132,215) and Receivables within one year (-€17,596)
- Tangible fixed assets -€8,431
down €8,431 (-34.5%), from €24,448 to €16,017
of which Leasing and similar rights: -€7,686
- Profit (loss) carried forward -€69,215
no longer reported in 2025 (was €69,215)
- Other debts +€49,613
up €49,613 (+1161.4%), from €4,272 to €53,885
- Reserves +€14,532
new in 2025: €14,532
- Debts after one year -€8,231
no longer reported in 2025 (was €8,231)
- Tax, wage and social debts +€5,191
up €5,191 (+21.4%), from €24,299 to €29,490
of which Remuneration and social security: +€4,080
- Gross operating margin +€84,454
up €84,454 (+125.2%), from €67,456 to €151,910
- Staff costs +€34,132
up €34,132 (+457.8%), from €7,455 to €41,587
- Taxes +€12,073
up €12,073 (+126.6%), from €9,533 to €21,606
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 | €118,037 | €110,614 | -€7,423 | -6.3% |
| Fixed assets | 21/28 | €24,811 | €16,380 | -€8,431 | -34.0% |
| Tangible fixed assets | 22/27 | €24,448 | €16,017 | -€8,431 | -34.5% |
| Furniture and vehicles | 24 | €1,390 | €645 | -€745 | -53.6% |
| Leasing and similar rights | 25 | €23,058 | €15,372 | -€7,686 | -33.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €93,226 | €94,234 | +€1,008 | +1.1% |
| Amounts receivable within one year | 40/41 | €15,080 | €32,676 | +€17,596 | +116.7% |
| Trade receivables | 40 | €15,080 | €32,282 | +€17,202 | +114.1% |
| Other amounts receivable | 41 | - | €394 | +€394 | |
| Cash at bank and in hand | 54/58 | €76,537 | €60,187 | -€16,350 | -21.4% |
| Deferred charges and accrued income | 490/1 | €1,609 | €1,371 | -€238 | -14.8% |
| Total equity and liabilities | 10/49 | €118,037 | €110,614 | -€7,423 | -6.3% |
| Equity | 10/15 | €71,215 | €16,532 | -€54,683 | -76.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €14,532 | +€14,532 | |
| Distributable reserves | 133 | - | €14,532 | +€14,532 | |
| Profit (loss) carried forward | 14 | €69,215 | - | -€69,215 | |
| Amounts payable | 17/49 | €46,822 | €94,082 | +€47,260 | +100.9% |
| Amounts payable after more than one year | 17 | €8,231 | - | -€8,231 | |
| Financial debts | 170/4 | €8,231 | - | -€8,231 | |
| Amounts payable within one year | 42/48 | €38,591 | €94,082 | +€55,491 | +143.8% |
| Current portion of amounts payable after more than one year | 42 | €7,032 | €8,232 | +€1,200 | +17.1% |
| Trade debts | 44 | €2,988 | €2,475 | -€513 | -17.2% |
| Suppliers | 440/4 | €2,988 | €2,475 | -€513 | -17.2% |
| Taxes, remuneration and social security | 45 | €24,299 | €29,490 | +€5,191 | +21.4% |
| Taxes | 450/3 | €21,068 | €22,179 | +€1,111 | +5.3% |
| Remuneration and social security | 454/9 | €3,231 | €7,311 | +€4,080 | +126.3% |
| Other amounts payable | 47/48 | €4,272 | €53,885 | +€49,613 | +1161.4% |
| Remuneration, social security and pensions | 62 | €7,455 | €41,587 | +€34,132 | +457.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,829 | €8,431 | -€1,398 | -14.2% |
| Other operating charges | 640/8 | €1,734 | €2,104 | +€370 | +21.3% |
| Gross operating margin | 9900 | €67,456 | €151,910 | +€84,454 | +125.2% |
| Operating profit (loss) | 9901 | €48,438 | €99,788 | +€51,350 | +106.0% |
| Financial income | 75/76B | €6 | €5 | -€1 | -16.7% |
| Recurring financial income | 75 | €6 | €5 | -€1 | -16.7% |
| Financial charges | 65/66B | €853 | €655 | -€198 | -23.2% |
| Recurring financial charges | 65 | €853 | €655 | -€198 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €47,591 | €99,138 | +€51,547 | +108.3% |
| Income taxes | 67/77 | €9,533 | €21,606 | +€12,073 | +126.6% |
| Profit (loss) for the period | 9904 | €38,058 | €77,532 | +€39,474 | +103.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,058 | €77,532 | +€39,474 | +103.7% |
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 5 October 2026 via checked.be.