De Blekker: 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.
De Blekker
Largest movements
- Cash +€25,023
up €25,023 (+95.8%), from €26,115 to €51,138
mainly Depreciation (+€22,658) and Net result for the year (+€18,587)
- Tangible fixed assets -€22,658
down €22,658 (-3.4%), from €673,353 to €650,695
of which Land and buildings: -€22,658
- Debts after one year -€19,414
down €19,414 (-44.0%), from €44,097 to €24,683
- Reserves +€18,587
up €18,587 (+2.7%), from €693,639 to €712,226
- Gross operating margin +€8,039
up €8,039 (+14.0%), from €57,503 to €65,542
- Depreciation -€5,976
down €5,976 (-20.9%), from €28,634 to €22,658
- Taxes +€3,641
up €3,641 (+46.4%), from €7,853 to €11,494
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 | €801,987 | €804,963 | +€2,976 | +0.4% |
| Fixed assets | 21/28 | €673,353 | €650,695 | -€22,658 | -3.4% |
| Tangible fixed assets | 22/27 | €673,353 | €650,695 | -€22,658 | -3.4% |
| Land and buildings | 22 | €667,155 | €644,498 | -€22,658 | -3.4% |
| Furniture and vehicles | 24 | €6,197 | €6,197 | = | 0.0% |
| Current assets | 29/58 | €128,635 | €154,268 | +€25,634 | +19.9% |
| Amounts receivable within one year | 40/41 | €4,166 | €4,372 | +€206 | +4.9% |
| Trade receivables | 40 | €4,166 | €4,372 | +€206 | +4.9% |
| Current investments | 50/53 | €98,354 | €98,758 | +€405 | +0.4% |
| Cash at bank and in hand | 54/58 | €26,115 | €51,138 | +€25,023 | +95.8% |
| Total equity and liabilities | 10/49 | €801,987 | €804,963 | +€2,976 | +0.4% |
| Equity | 10/15 | €737,841 | €756,428 | +€18,587 | +2.5% |
| Contributions | 10/11 | €21,872 | €21,872 | = | 0.0% |
| Revaluation surpluses | 12 | €22,330 | €22,330 | = | 0.0% |
| Reserves | 13 | €693,639 | €712,226 | +€18,587 | +2.7% |
| Distributable reserves | 133 | €693,639 | €712,226 | +€18,587 | +2.7% |
| Amounts payable | 17/49 | €64,146 | €48,535 | -€15,611 | -24.3% |
| Amounts payable after more than one year | 17 | €44,097 | €24,683 | -€19,414 | -44.0% |
| Financial debts | 170/4 | €44,097 | €24,683 | -€19,414 | -44.0% |
| Amounts payable within one year | 42/48 | €20,049 | €23,852 | +€3,803 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €19,123 | €19,414 | +€291 | +1.5% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Advances received on contracts in progress | 46 | €121 | €121 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €679 | €4,317 | +€3,638 | +535.8% |
| Taxes | 450/3 | €679 | €4,317 | +€3,638 | +535.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,634 | €22,658 | -€5,976 | -20.9% |
| Other operating charges | 640/8 | €11,782 | €12,422 | +€641 | +5.4% |
| Gross operating margin | 9900 | €57,503 | €65,542 | +€8,039 | +14.0% |
| Operating profit (loss) | 9901 | €17,088 | €30,462 | +€13,374 | +78.3% |
| Financial income | 75/76B | €579 | €589 | +€10 | +1.7% |
| Recurring financial income | 75 | €579 | €589 | +€10 | +1.7% |
| Financial charges | 65/66B | €1,256 | €971 | -€286 | -22.7% |
| Recurring financial charges | 65 | €1,256 | €971 | -€286 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €16,411 | €30,081 | +€13,669 | +83.3% |
| Income taxes | 67/77 | €7,853 | €11,494 | +€3,641 | +46.4% |
| Profit (loss) for the period | 9904 | €8,559 | €18,587 | +€10,028 | +117.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,559 | €18,587 | +€10,028 | +117.2% |
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.