FRANCOISE BLAISE: 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.
FRANCOISE BLAISE
Largest movements
- Tangible fixed assets +€39,280
up €39,280 (+444%), from €8,845 to €48,125
- Cash +€14,650
up €14,650 (+14.4%), from €101,690 to €116,340
mainly Net result for the year (+€57,865) and Depreciation (+€9,822)
- Receivables within one year +€2,852
up €2,852 (+8.8%), from €32,516 to €35,368
of which Other amounts receivable: +€10,815
- Profit (loss) carried forward +€57,865
up €57,865 (+49.3%), from €117,471 to €175,336
- Depreciation +€8,217
up €8,217 (+512%), from €1,605 to €9,822
- Other operating charges +€6,879
up €6,879 (+1,104%), from €623 to €7,502
- Gross operating margin -€5,242
down €5,242 (-5.6%), from €94,285 to €89,043
- Taxes -€4,841
down €4,841 (-24.0%), from €20,145 to €15,304
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 | €157,687 | €214,469 | +€56,782 | +36.0% |
| Fixed assets | 21/28 | €23,481 | €62,761 | +€39,280 | +167% |
| Tangible fixed assets | 22/27 | €8,845 | €48,125 | +€39,280 | +444% |
| Furniture and vehicles | 24 | €8,845 | €48,125 | +€39,280 | +444% |
| Financial fixed assets | 28 | €14,636 | €14,636 | = | 0.0% |
| Current assets | 29/58 | €134,206 | €151,708 | +€17,502 | +13.0% |
| Amounts receivable within one year | 40/41 | €32,516 | €35,368 | +€2,852 | +8.8% |
| Trade receivables | 40 | €8,413 | €450 | -€7,963 | -94.7% |
| Other amounts receivable | 41 | €24,103 | €34,918 | +€10,815 | +44.9% |
| Cash at bank and in hand | 54/58 | €101,690 | €116,340 | +€14,650 | +14.4% |
| Total equity and liabilities | 10/49 | €157,687 | €214,469 | +€56,782 | +36.0% |
| Equity | 10/15 | €131,731 | €189,596 | +€57,865 | +43.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,471 | €175,336 | +€57,865 | +49.3% |
| Amounts payable | 17/49 | €25,956 | €24,873 | -€1,083 | -4.2% |
| Amounts payable within one year | 42/48 | €25,956 | €24,872 | -€1,084 | -4.2% |
| Trade debts | 44 | €1,077 | €1,549 | +€472 | +43.8% |
| Suppliers | 440/4 | €1,077 | €1,549 | +€472 | +43.8% |
| Taxes, remuneration and social security | 45 | €24,879 | €23,323 | -€1,556 | -6.3% |
| Taxes | 450/3 | €24,879 | €23,323 | -€1,556 | -6.3% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,605 | €9,822 | +€8,217 | +512% |
| Other operating charges | 640/8 | €623 | €7,502 | +€6,879 | +1,104% |
| Gross operating margin | 9900 | €94,285 | €89,043 | -€5,242 | -5.6% |
| Operating profit (loss) | 9901 | €92,057 | €71,719 | -€20,338 | -22.1% |
| Financial income | 75/76B | €1,621 | €2,022 | +€401 | +24.7% |
| Recurring financial income | 75 | €1,621 | €2,022 | +€401 | +24.7% |
| Financial charges | 65/66B | €458 | €572 | +€114 | +24.9% |
| Recurring financial charges | 65 | €458 | €572 | +€114 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €93,220 | €73,169 | -€20,051 | -21.5% |
| Income taxes | 67/77 | €20,145 | €15,304 | -€4,841 | -24.0% |
| Profit (loss) for the period | 9904 | €73,075 | €57,865 | -€15,210 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,075 | €57,865 | -€15,210 | -20.8% |
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 24 October 2026 via checked.be.