LABEL BLOND: 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.
LABEL BLOND
Largest movements
- Receivables within one year -€10,906
down €10,906 (-88.3%), from €12,358 to €1,452
of which Trade receivables: -€6,449
- Cash +€2,610
up €2,610 (+456%), from €572 to €3,182
mainly Receivables within one year (+€10,906) and Trade debts (+€973)
- Profit (loss) carried forward -€6,488
down €6,488 (-144%), from -€4,515 to -€11,004
- Tax, wage and social debts -€1,912
down €1,912 (-28.2%), from €6,793 to €4,881
of which Remuneration and social security: -€1,122
- Debts after one year -€1,048
down €1,048 (-48.8%), from €2,148 to €1,100
- Trade debts +€973
new in 2025: €973
- Gross operating margin +€1,160
up €1,160 (+19.2%), from -€6,026 to -€4,867
- Financial charges +€622
up €622 (+109%), from €573 to €1,195
- Financial income -€242
down €242 (-89.9%), from €269 to €27
- Taxes +€170
up €170 (+110%), from €155 to €325
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 | €13,483 | €5,058 | -€8,426 | -62.5% |
| Fixed assets | 21/28 | €553 | €424 | -€129 | -23.3% |
| Tangible fixed assets | 22/27 | €553 | €424 | -€129 | -23.3% |
| Furniture and vehicles | 24 | €553 | €424 | -€129 | -23.3% |
| Current assets | 29/58 | €12,930 | €4,634 | -€8,296 | -64.2% |
| Amounts receivable within one year | 40/41 | €12,358 | €1,452 | -€10,906 | -88.3% |
| Trade receivables | 40 | €7,901 | €1,452 | -€6,449 | -81.6% |
| Other amounts receivable | 41 | €4,457 | - | -€4,457 | |
| Cash at bank and in hand | 54/58 | €572 | €3,182 | +€2,610 | +456% |
| Total equity and liabilities | 10/49 | €13,483 | €5,058 | -€8,426 | -62.5% |
| Equity | 10/15 | €3,545 | -€2,944 | -€6,488 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,515 | -€11,004 | -€6,488 | -144% |
| Amounts payable | 17/49 | €9,939 | €8,002 | -€1,937 | -19.5% |
| Amounts payable after more than one year | 17 | €2,148 | €1,100 | -€1,048 | -48.8% |
| Financial debts | 170/4 | €2,148 | €1,100 | -€1,048 | -48.8% |
| Amounts payable within one year | 42/48 | €7,791 | €6,901 | -€890 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €998 | €1,048 | +€50 | +5.0% |
| Trade debts | 44 | - | €973 | +€973 | |
| Suppliers | 440/4 | - | €973 | +€973 | |
| Taxes, remuneration and social security | 45 | €6,793 | €4,881 | -€1,912 | -28.2% |
| Taxes | 450/3 | €4,451 | €3,661 | -€790 | -17.8% |
| Remuneration and social security | 454/9 | €2,342 | €1,220 | -€1,122 | -47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | €129 | +€37 | +40.2% |
| Gross operating margin | 9900 | -€6,026 | -€4,867 | +€1,160 | +19.2% |
| Operating profit (loss) | 9901 | -€6,118 | -€4,996 | +€1,123 | +18.3% |
| Financial income | 75/76B | €269 | €27 | -€242 | -89.9% |
| Recurring financial income | 75 | €269 | €27 | -€242 | -89.9% |
| Financial charges | 65/66B | €573 | €1,195 | +€622 | +109% |
| Recurring financial charges | 65 | €573 | €1,195 | +€622 | +109% |
| Profit (loss) for the period before taxes | 9903 | -€6,423 | -€6,164 | +€259 | +4.0% |
| Income taxes | 67/77 | €155 | €325 | +€170 | +110% |
| Profit (loss) for the period | 9904 | -€6,578 | -€6,488 | +€89 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,578 | -€6,488 | +€89 | +1.4% |
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 13 October 2026 via checked.be.