RESTRUCT BXL: 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.
RESTRUCT BXL
Largest movements
- Receivables within one year +€18,214
up €18,214 (+138%), from €13,152 to €31,366
of which Other amounts receivable: +€13,539
- Tangible fixed assets -€5,691
down €5,691 (-27.1%), from €21,017 to €15,325
of which Furniture and vehicles: -€5,416
- Cash +€1,903
up €1,903 (+156%), from €1,223 to €3,126
mainly Accrued charges and deferred income (+€13,200) and Net result for the year (+€12,842)
- Deferred charges and accrued income -€1,260
no longer reported in 2025 (was €1,260)
- Trade debts -€16,103
down €16,103 (-75.2%), from €21,405 to €5,303
- Reserves +€15,681
up €15,681 (+2,393%), from €655 to €16,336
of which Distributable reserves: +€15,681
- Accrued charges and deferred income +€13,200
new in 2025: €13,200
- Tax, wage and social debts +€6,233
up €6,233 (+245%), from €2,545 to €8,778
of which Taxes: +€5,378
- Other debts -€3,008
no longer reported in 2025 (was €3,008)
- Turnover +€58,983
up €58,983 (+41.7%), from €141,335 to €200,319
- Gross operating margin +€48,937
up €48,937 (+948%), from €5,163 to €54,099
- Staff costs +€14,978
up €14,978 (+127%), from €11,839 to €26,817
- Purchases and services +€10,047
up €10,047 (+7.4%), from €136,173 to €146,219
- Taxes +€4,200
new in 2025: €4,200
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 | €36,652 | €49,817 | +€13,165 | +35.9% |
| Fixed assets | 21/28 | €21,017 | €15,325 | -€5,691 | -27.1% |
| Tangible fixed assets | 22/27 | €21,017 | €15,325 | -€5,691 | -27.1% |
| Plant, machinery and equipment | 23 | €304 | €29 | -€275 | -90.5% |
| Furniture and vehicles | 24 | €20,713 | €15,296 | -€5,416 | -26.1% |
| Current assets | 29/58 | €15,635 | €34,492 | +€18,857 | +121% |
| Amounts receivable within one year | 40/41 | €13,152 | €31,366 | +€18,214 | +138% |
| Trade receivables | 40 | €7,561 | €12,236 | +€4,675 | +61.8% |
| Other amounts receivable | 41 | €5,591 | €19,130 | +€13,539 | +242% |
| Cash at bank and in hand | 54/58 | €1,223 | €3,126 | +€1,903 | +156% |
| Deferred charges and accrued income | 490/1 | €1,260 | - | -€1,260 | |
| Total equity and liabilities | 10/49 | €36,652 | €49,817 | +€13,165 | +35.9% |
| Equity | 10/15 | €9,694 | €22,536 | +€12,842 | +132% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €655 | €16,336 | +€15,681 | +2,393% |
| Non-distributable reserves | 130/1 | €655 | €655 | = | 0.0% |
| Legal reserve | 130 | €655 | €655 | = | 0.0% |
| Distributable reserves | 133 | - | €15,681 | +€15,681 | |
| Profit (loss) carried forward | 14 | €2,839 | - | -€2,839 | |
| Amounts payable | 17/49 | €26,958 | €27,281 | +€323 | +1.2% |
| Amounts payable within one year | 42/48 | €26,958 | €14,081 | -€12,877 | -47.8% |
| Trade debts | 44 | €21,405 | €5,303 | -€16,103 | -75.2% |
| Suppliers | 440/4 | €21,405 | €5,303 | -€16,103 | -75.2% |
| Taxes, remuneration and social security | 45 | €2,545 | €8,778 | +€6,233 | +245% |
| Taxes | 450/3 | €24 | €5,402 | +€5,378 | +22,550% |
| Remuneration and social security | 454/9 | €2,521 | €3,376 | +€855 | +33.9% |
| Other amounts payable | 47/48 | €3,008 | - | -€3,008 | |
| Accrued charges and deferred income | 492/3 | - | €13,200 | +€13,200 | |
| Turnover | 70 | €141,335 | €200,319 | +€58,983 | +41.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €136,173 | €146,219 | +€10,047 | +7.4% |
| Remuneration, social security and pensions | 62 | €11,839 | €26,817 | +€14,978 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,636 | €5,691 | +€1,055 | +22.8% |
| Other operating charges | 640/8 | €265 | €3,103 | +€2,838 | +1,071% |
| Gross operating margin | 9900 | €5,163 | €54,099 | +€48,937 | +948% |
| Operating profit (loss) | 9901 | -€11,577 | €18,488 | +€30,065 | |
| Financial charges | 65/66B | €1,409 | €1,446 | +€36 | +2.6% |
| Recurring financial charges | 65 | €1,409 | €1,446 | +€36 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,987 | €17,042 | +€30,029 | |
| Income taxes | 67/77 | - | €4,200 | +€4,200 | |
| Profit (loss) for the period | 9904 | -€12,987 | €12,842 | +€25,829 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,987 | €12,842 | +€25,829 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.