S BLANC CAILLOUX: what changed
S BLANC CAILLOUX
Largest movements
- Receivables within one year +€64,339
up €64,339 (+65.2%), from €98,721 to €163,060
of which Trade receivables: +€43,068
- Cash +€42,854
up €42,854 (+38.8%), from €110,327 to €153,181
mainly Trade debts (+€62,045) and Advances received (+€40,000)
- Tangible fixed assets +€16,881
up €16,881 (+260%), from €6,491 to €23,372
of which Plant, machinery and equipment: +€17,063
- Trade debts +€62,045
up €62,045 (+291%), from €21,317 to €83,362
- Advances received +€40,000
new in 2025: €40,000
- Tax, wage and social debts +€19,209
up €19,209 (+27.3%), from €70,448 to €89,657
of which Remuneration and social security: +€17,652
- Profit (loss) carried forward +€14,772
up €14,772 (+24.1%), from €61,328 to €76,100
- Other debts -€6,541
down €6,541 (-49.8%), from €13,130 to €6,589
- Turnover +€172,935
up €172,935 (+12.1%), from €1.4m to €1.6m
- Gross operating margin +€144,503
up €144,503 (+127%), from €113,648 to €258,152
- Staff costs +€120,386
up €120,386 (+187%), from €64,464 to €184,851
- Purchases and services +€28,431
up €28,431 (+2.2%), from €1.3m to €1.3m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,781 | €339,855 | +€124,074 | +57.5% |
| Fixed assets | 21/28 | €6,733 | €23,614 | +€16,881 | +251% |
| Tangible fixed assets | 22/27 | €6,491 | €23,372 | +€16,881 | +260% |
| Plant, machinery and equipment | 23 | - | €17,063 | +€17,063 | |
| Furniture and vehicles | 24 | €6,491 | €6,309 | -€182 | -2.8% |
| Financial fixed assets | 28 | €241 | €241 | = | 0.0% |
| Current assets | 29/58 | €209,048 | €316,241 | +€107,193 | +51.3% |
| Amounts receivable within one year | 40/41 | €98,721 | €163,060 | +€64,339 | +65.2% |
| Trade receivables | 40 | €40,327 | €83,394 | +€43,068 | +107% |
| Other amounts receivable | 41 | €58,395 | €79,666 | +€21,271 | +36.4% |
| Cash at bank and in hand | 54/58 | €110,327 | €153,181 | +€42,854 | +38.8% |
| Total equity and liabilities | 10/49 | €215,781 | €339,855 | +€124,074 | +57.5% |
| Equity | 10/15 | €81,788 | €96,560 | +€14,772 | +18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €61,328 | €76,100 | +€14,772 | +24.1% |
| Amounts payable | 17/49 | €133,993 | €243,294 | +€109,302 | +81.6% |
| Amounts payable after more than one year | 17 | €23,215 | €17,276 | -€5,938 | -25.6% |
| Financial debts | 170/4 | €23,215 | €17,276 | -€5,938 | -25.6% |
| Amounts payable within one year | 42/48 | €110,778 | €226,018 | +€115,240 | +104% |
| Current portion of amounts payable after more than one year | 42 | €5,884 | €6,411 | +€527 | +9.0% |
| Trade debts | 44 | €21,317 | €83,362 | +€62,045 | +291% |
| Suppliers | 440/4 | €21,317 | €83,362 | +€62,045 | +291% |
| Advances received on contracts in progress | 46 | - | €40,000 | +€40,000 | |
| Taxes, remuneration and social security | 45 | €70,448 | €89,657 | +€19,209 | +27.3% |
| Taxes | 450/3 | €5,643 | €7,200 | +€1,557 | +27.6% |
| Remuneration and social security | 454/9 | €64,805 | €82,457 | +€17,652 | +27.2% |
| Other amounts payable | 47/48 | €13,130 | €6,589 | -€6,541 | -49.8% |
| Turnover | 70 | €1,425,340 | €1,598,274 | +€172,935 | +12.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,311,691 | €1,340,123 | +€28,431 | +2.2% |
| Remuneration, social security and pensions | 62 | €64,464 | €184,851 | +€120,386 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,126 | €11,574 | +€9,447 | +444% |
| Other operating charges | 640/8 | €27,243 | €41,124 | +€13,881 | +51.0% |
| Gross operating margin | 9900 | €113,648 | €258,152 | +€144,503 | +127% |
| Operating profit (loss) | 9901 | €19,815 | €20,604 | +€789 | +4.0% |
| Financial income | 75/76B | €165 | €202 | +€37 | +22.5% |
| Recurring financial income | 75 | €165 | €202 | +€37 | +22.5% |
| Non-recurring financial income | 76B | €165 | - | -€165 | |
| Financial charges | 65/66B | €7,036 | €3,484 | -€3,552 | -50.5% |
| Recurring financial charges | 65 | €2,436 | €3,484 | +€1,047 | +43.0% |
| Non-recurring financial charges | 66B | €4,600 | - | -€4,600 | |
| Profit (loss) for the period before taxes | 9903 | €12,944 | €17,322 | +€4,378 | +33.8% |
| Income taxes | 67/77 | €9,409 | €2,550 | -€6,859 | -72.9% |
| Profit (loss) for the period | 9904 | €3,535 | €14,772 | +€11,238 | +318% |
| Profit (loss) for the period to be appropriated | 9905 | €3,535 | €14,772 | +€11,238 | +318% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.