LE BLE D'OR: 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.
LE BLE D'OR
Largest movements
- Cash -€6,364
no longer reported in 2025 (was €6,364)
mainly Net result for the year (-€6,877) and Deferred charges and accrued income (-€651)
- Deferred charges and accrued income +€651
new in 2025: €651
- Stocks and contracts +€532
up €532 (+1,592%), from €33 to €565
- Profit (loss) carried forward -€6,877
down €6,877 (-238%), from -€2,888 to -€9,765
- Trade debts +€1,551
up €1,551 (+289%), from €537 to €2,088
- Gross operating margin -€6,729
down €6,729 (-4,539%), from -€148 to -€6,877
- Purchases and services +€6,219
up €6,219 (+24.5%), from €25,377 to €31,595
- Turnover -€510
down €510 (-2.0%), from €25,228 to €24,718
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 | €43,380 | €38,198 | -€5,181 | -11.9% |
| Current assets | 29/58 | €43,380 | €38,198 | -€5,181 | -11.9% |
| Stocks and contracts in progress | 3 | €33 | €565 | +€532 | +1,592% |
| Stocks | 30/36 | €33 | €565 | +€532 | +1,592% |
| Amounts receivable within one year | 40/41 | €36,982 | €36,982 | = | 0.0% |
| Trade receivables | 40 | €36,962 | €36,962 | = | 0.0% |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,364 | - | -€6,364 | |
| Deferred charges and accrued income | 490/1 | - | €651 | +€651 | |
| Total equity and liabilities | 10/49 | €43,380 | €38,198 | -€5,181 | -11.9% |
| Equity | 10/15 | €3,312 | -€3,565 | -€6,877 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,888 | -€9,765 | -€6,877 | -238% |
| Amounts payable | 17/49 | €40,068 | €41,763 | +€1,695 | +4.2% |
| Amounts payable within one year | 42/48 | €40,068 | €41,763 | +€1,695 | +4.2% |
| Trade debts | 44 | €537 | €2,088 | +€1,551 | +289% |
| Suppliers | 440/4 | €537 | €2,088 | +€1,551 | +289% |
| Advances received on contracts in progress | 46 | €38,576 | €38,576 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €271 | €415 | +€144 | +53.1% |
| Taxes | 450/3 | €271 | €415 | +€144 | +53.1% |
| Other amounts payable | 47/48 | €683 | €683 | = | 0.0% |
| Turnover | 70 | €25,228 | €24,718 | -€510 | -2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €25,377 | €31,595 | +€6,219 | +24.5% |
| Gross operating margin | 9900 | -€148 | -€6,877 | -€6,729 | -4,539% |
| Operating profit (loss) | 9901 | -€148 | -€6,877 | -€6,729 | -4,539% |
| Profit (loss) for the period before taxes | 9903 | -€148 | -€6,877 | -€6,729 | -4,539% |
| Profit (loss) for the period | 9904 | -€148 | -€6,877 | -€6,729 | -4,539% |
| Profit (loss) for the period to be appropriated | 9905 | -€148 | -€6,877 | -€6,729 | -4,539% |
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 17 October 2026 via checked.be.