J.BLANCKAERT & CO: 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.
J.BLANCKAERT & CO
Largest movements
- Cash +€33,978
up €33,978 (+14.6%), from €231,966 to €265,944
mainly Net result for the year (+€123,408) and Other debts (+€122,301)
- Contributions -€200,000
down €200,000 (-18.6%), from €1.1m to €875,000
- Reserves +€123,408
up €123,408 (+10.1%), from €1.2m to €1.3m
of which Distributable reserves: +€173,928
- Other debts +€122,301
up €122,301 (+71.1%), from €171,953 to €294,254
- Gross operating margin -€97,708
down €97,708 (-34.1%), from €286,236 to €188,528
- Taxes -€45,423
down €45,423 (-46.7%), from €97,202 to €51,779
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 | €2,522,799 | €2,532,657 | +€9,858 | +0.4% |
| Fixed assets | 21/28 | €2,274,182 | €2,261,100 | -€13,082 | -0.6% |
| Tangible fixed assets | 22/27 | €404,182 | €391,100 | -€13,082 | -3.2% |
| Land and buildings | 22 | €403,335 | €391,100 | -€12,236 | -3.0% |
| Furniture and vehicles | 24 | €846 | - | -€846 | |
| Financial fixed assets | 28 | €1,870,000 | €1,870,000 | = | 0.0% |
| Current assets | 29/58 | €248,617 | €271,558 | +€22,940 | +9.2% |
| Amounts receivable within one year | 40/41 | €16,651 | €5,614 | -€11,037 | -66.3% |
| Other amounts receivable | 41 | €16,651 | €5,614 | -€11,037 | -66.3% |
| Cash at bank and in hand | 54/58 | €231,966 | €265,944 | +€33,978 | +14.6% |
| Total equity and liabilities | 10/49 | €2,522,799 | €2,532,657 | +€9,858 | +0.4% |
| Equity | 10/15 | €2,296,721 | €2,220,129 | -€76,592 | -3.3% |
| Contributions | 10/11 | €1,075,000 | €875,000 | -€200,000 | -18.6% |
| Reserves | 13 | €1,221,721 | €1,345,129 | +€123,408 | +10.1% |
| Tax-exempt reserves | 132 | €239,970 | €189,450 | -€50,520 | -21.1% |
| Distributable reserves | 133 | €981,751 | €1,155,679 | +€173,928 | +17.7% |
| Amounts payable | 17/49 | €226,078 | €312,528 | +€86,450 | +38.2% |
| Amounts payable within one year | 42/48 | €226,078 | €312,528 | +€86,450 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €11,833 | - | -€11,833 | |
| Trade debts | 44 | €90 | €881 | +€791 | +883% |
| Suppliers | 440/4 | €90 | €881 | +€791 | +883% |
| Taxes, remuneration and social security | 45 | €42,202 | €17,393 | -€24,809 | -58.8% |
| Taxes | 450/3 | €42,202 | €17,393 | -€24,809 | -58.8% |
| Other amounts payable | 47/48 | €171,953 | €294,254 | +€122,301 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,927 | €13,082 | +€155 | +1.2% |
| Other operating charges | 640/8 | €429 | €144 | -€285 | -66.4% |
| Gross operating margin | 9900 | €286,236 | €188,528 | -€97,708 | -34.1% |
| Operating profit (loss) | 9901 | €272,881 | €175,302 | -€97,579 | -35.8% |
| Financial income | 75/76B | €2,070 | €1 | -€2,069 | -100.0% |
| Recurring financial income | 75 | €2,070 | €1 | -€2,069 | -100.0% |
| Financial charges | 65/66B | €403 | €116 | -€287 | -71.2% |
| Recurring financial charges | 65 | €403 | €116 | -€287 | -71.2% |
| Profit (loss) for the period before taxes | 9903 | €274,548 | €175,187 | -€99,360 | -36.2% |
| Income taxes | 67/77 | €97,202 | €51,779 | -€45,423 | -46.7% |
| Profit (loss) for the period | 9904 | €177,346 | €123,408 | -€53,937 | -30.4% |
| Transfer from tax-exempt reserves | 789 | €230,456 | €50,520 | -€179,936 | -78.1% |
| Transfer to tax-exempt reserves | 689 | €105,250 | - | -€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €302,552 | €173,928 | -€128,624 | -42.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.