DE BLADWIJZER: 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.
DE BLADWIJZER
Largest movements
- Receivables within one year -€10,750
down €10,750 (-35.6%), from €30,191 to €19,440
of which Other amounts receivable: -€11,668
- Tangible fixed assets -€9,390
down €9,390 (-17.6%), from €53,354 to €43,964
of which Land and buildings: -€12,606
- Cash +€4,358
up €4,358 (+23.2%), from €18,771 to €23,129
mainly Depreciation (+€14,063) and Receivables within one year (+€10,750)
- Stocks and contracts +€2,909
up €2,909 (+9.3%), from €31,298 to €34,207
- Trade debts -€15,879
down €15,879 (-70.3%), from €22,586 to €6,707
- Reserves +€8,154
up €8,154 (+10.4%), from €78,112 to €86,266
- Other debts -€3,938
down €3,938 (-42.4%), from €9,300 to €5,361
- Gross operating margin -€6,721
down €6,721 (-16.4%), from €40,918 to €34,197
- Depreciation -€2,438
down €2,438 (-14.8%), from €16,501 to €14,063
- Taxes -€1,412
down €1,412 (-23.7%), from €5,966 to €4,554
- Financial charges +€431
up €431 (+13.8%), from €3,136 to €3,568
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 | €135,285 | €121,582 | -€13,704 | -10.1% |
| Fixed assets | 21/28 | €53,504 | €44,114 | -€9,390 | -17.6% |
| Tangible fixed assets | 22/27 | €53,354 | €43,964 | -€9,390 | -17.6% |
| Land and buildings | 22 | €51,843 | €39,237 | -€12,606 | -24.3% |
| Plant, machinery and equipment | 23 | €274 | €4,306 | +€4,031 | +1,470% |
| Furniture and vehicles | 24 | €183 | €297 | +€114 | +62.4% |
| Leasing and similar rights | 25 | €1,054 | €124 | -€930 | -88.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €81,782 | €77,468 | -€4,314 | -5.3% |
| Stocks and contracts in progress | 3 | €31,298 | €34,207 | +€2,909 | +9.3% |
| Stocks | 30/36 | €31,298 | €34,207 | +€2,909 | +9.3% |
| Amounts receivable within one year | 40/41 | €30,191 | €19,440 | -€10,750 | -35.6% |
| Trade receivables | 40 | - | €918 | +€918 | |
| Other amounts receivable | 41 | €30,191 | €18,522 | -€11,668 | -38.6% |
| Cash at bank and in hand | 54/58 | €18,771 | €23,129 | +€4,358 | +23.2% |
| Deferred charges and accrued income | 490/1 | €1,522 | €691 | -€830 | -54.6% |
| Total equity and liabilities | 10/49 | €135,285 | €121,582 | -€13,704 | -10.1% |
| Equity | 10/15 | €96,712 | €104,866 | +€8,154 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,112 | €86,266 | +€8,154 | +10.4% |
| Distributable reserves | 133 | €78,112 | €86,266 | +€8,154 | +10.4% |
| Amounts payable | 17/49 | €38,574 | €16,716 | -€21,858 | -56.7% |
| Amounts payable after more than one year | 17 | €160 | - | -€160 | |
| Financial debts | 170/4 | €160 | - | -€160 | |
| Amounts payable within one year | 42/48 | €38,414 | €16,716 | -€21,698 | -56.5% |
| Current portion of amounts payable after more than one year | 42 | €900 | €160 | -€740 | -82.2% |
| Trade debts | 44 | €22,586 | €6,707 | -€15,879 | -70.3% |
| Suppliers | 440/4 | €22,586 | €6,707 | -€15,879 | -70.3% |
| Taxes, remuneration and social security | 45 | €5,628 | €4,488 | -€1,140 | -20.3% |
| Taxes | 450/3 | €3,018 | €1,836 | -€1,182 | -39.2% |
| Remuneration and social security | 454/9 | €2,610 | €2,652 | +€42 | +1.6% |
| Other amounts payable | 47/48 | €9,300 | €5,361 | -€3,938 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,501 | €14,063 | -€2,438 | -14.8% |
| Other operating charges | 640/8 | €1,602 | €1,968 | +€366 | +22.8% |
| Gross operating margin | 9900 | €40,918 | €34,197 | -€6,721 | -16.4% |
| Operating profit (loss) | 9901 | €22,815 | €18,166 | -€4,649 | -20.4% |
| Financial income | 75/76B | €30 | €283 | +€253 | +843% |
| Recurring financial income | 75 | €30 | €283 | +€253 | +843% |
| Financial charges | 65/66B | €3,136 | €3,568 | +€431 | +13.8% |
| Recurring financial charges | 65 | €3,136 | €3,568 | +€431 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €19,708 | €14,881 | -€4,827 | -24.5% |
| Income taxes | 67/77 | €5,966 | €4,554 | -€1,412 | -23.7% |
| Profit (loss) for the period | 9904 | €13,742 | €10,327 | -€3,415 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,742 | €10,327 | -€3,415 | -24.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.