E. BLONDÉ: 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.
E. BLONDÉ
Largest movements
- Receivables within one year +€66,489
up €66,489 (+116.8%), from €56,902 to €123,392
of which Other amounts receivable: +€67,215
- Tangible fixed assets -€19,559
down €19,559 (-4.7%), from €412,626 to €393,067
of which Land and buildings: -€17,186
- Other debts +€76,395
up €76,395 (+105.2%), from €72,589 to €148,984
- Profit (loss) carried forward -€31,534
down €31,534 (-8.3%), from €380,056 to €348,523
- Gross operating margin -€1,108
down €1,108 (-12.6%), from -€8,770 to -€9,878
- Depreciation -€452
down €452 (-2.3%), from €20,011 to €19,559
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 | €476,263 | €519,803 | +€43,541 | +9.1% |
| Fixed assets | 21/28 | €412,721 | €393,162 | -€19,559 | -4.7% |
| Tangible fixed assets | 22/27 | €412,626 | €393,067 | -€19,559 | -4.7% |
| Land and buildings | 22 | €407,301 | €390,115 | -€17,186 | -4.2% |
| Plant, machinery and equipment | 23 | €2,692 | €1,182 | -€1,509 | -56.1% |
| Furniture and vehicles | 24 | €2,633 | €1,770 | -€863 | -32.8% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €63,542 | €126,641 | +€63,100 | +99.3% |
| Amounts receivable within one year | 40/41 | €56,902 | €123,392 | +€66,489 | +116.8% |
| Trade receivables | 40 | €51,238 | €50,512 | -€726 | -1.4% |
| Other amounts receivable | 41 | €5,664 | €72,880 | +€67,215 | +1186.6% |
| Cash at bank and in hand | 54/58 | €1,393 | €872 | -€522 | -37.4% |
| Deferred charges and accrued income | 490/1 | €5,246 | €2,378 | -€2,868 | -54.7% |
| Total equity and liabilities | 10/49 | €476,263 | €519,803 | +€43,541 | +9.1% |
| Equity | 10/15 | €400,507 | €368,974 | -€31,534 | -7.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €380,056 | €348,523 | -€31,534 | -8.3% |
| Amounts payable | 17/49 | €75,755 | €150,830 | +€75,075 | +99.1% |
| Amounts payable within one year | 42/48 | €75,755 | €150,830 | +€75,075 | +99.1% |
| Trade debts | 44 | €3,167 | €1,846 | -€1,321 | -41.7% |
| Suppliers | 440/4 | €3,167 | €1,846 | -€1,321 | -41.7% |
| Other amounts payable | 47/48 | €72,589 | €148,984 | +€76,395 | +105.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,011 | €19,559 | -€452 | -2.3% |
| Other operating charges | 640/8 | €1,903 | €1,910 | +€7 | +0.4% |
| Gross operating margin | 9900 | -€8,770 | -€9,878 | -€1,108 | -12.6% |
| Operating profit (loss) | 9901 | -€30,683 | -€31,347 | -€664 | -2.2% |
| Financial charges | 65/66B | €174 | €186 | +€12 | +6.9% |
| Recurring financial charges | 65 | €174 | €186 | +€12 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,858 | -€31,534 | -€676 | -2.2% |
| Profit (loss) for the period | 9904 | -€30,858 | -€31,534 | -€676 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,858 | -€31,534 | -€676 | -2.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.