S-BLMT: what changed
Two fiscal 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.
S-BLMT
Largest movements
- Cash -€16,474
down €16,474 (-22.5%), from €73,145 to €56,670
mainly Contributions, distributions and other (-€39,000) and Deferred charges and accrued income (-€6,893)
- Deferred charges and accrued income +€6,893
up €6,893 (+416.2%), from €1,656 to €8,549
- Receivables within one year +€3,290
new in 2025: €3,290
- Tangible fixed assets -€1,497
down €1,497 (-50.0%), from €2,993 to €1,496
- Profit (loss) carried forward -€6,335
down €6,335 (-88.9%), from €7,126 to €791
- Trade debts +€2,642
up €2,642 (+424.6%), from €622 to €3,265
- Other debts -€2,196
down €2,196 (-5.3%), from €41,196 to €39,000
- Tax, wage and social debts -€1,900
down €1,900 (-18.5%), from €10,250 to €8,350
- Gross operating margin -€54,344
down €54,344 (-54.6%), from €99,604 to €45,260
- Taxes -€9,808
down €9,808 (-48.8%), from €20,090 to €10,282
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.
Cash bridge derived
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 | €77,794 | €70,005 | -€7,789 | -10.0% |
| Fixed assets | 21/28 | €2,993 | €1,496 | -€1,497 | -50.0% |
| Tangible fixed assets | 22/27 | €2,993 | €1,496 | -€1,497 | -50.0% |
| Furniture and vehicles | 24 | €2,993 | €1,496 | -€1,497 | -50.0% |
| Current assets | 29/58 | €74,801 | €68,509 | -€6,292 | -8.4% |
| Amounts receivable within one year | 40/41 | - | €3,290 | +€3,290 | |
| Other amounts receivable | 41 | - | €3,290 | +€3,290 | |
| Cash at bank and in hand | 54/58 | €73,145 | €56,670 | -€16,474 | -22.5% |
| Deferred charges and accrued income | 490/1 | €1,656 | €8,549 | +€6,893 | +416.2% |
| Total equity and liabilities | 10/49 | €77,794 | €70,005 | -€7,789 | -10.0% |
| Equity | 10/15 | €25,726 | €19,391 | -€6,335 | -24.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,126 | €791 | -€6,335 | -88.9% |
| Amounts payable | 17/49 | €52,068 | €50,615 | -€1,453 | -2.8% |
| Amounts payable within one year | 42/48 | €52,068 | €50,615 | -€1,453 | -2.8% |
| Trade debts | 44 | €622 | €3,265 | +€2,642 | +424.6% |
| Suppliers | 440/4 | €622 | €3,265 | +€2,642 | +424.6% |
| Taxes, remuneration and social security | 45 | €10,250 | €8,350 | -€1,900 | -18.5% |
| Taxes | 450/3 | €10,250 | €8,350 | -€1,900 | -18.5% |
| Other amounts payable | 47/48 | €41,196 | €39,000 | -€2,196 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,044 | €1,497 | -€547 | -26.8% |
| Other operating charges | 640/8 | €1,000 | €724 | -€276 | -27.6% |
| Gross operating margin | 9900 | €99,604 | €45,260 | -€54,344 | -54.6% |
| Operating profit (loss) | 9901 | €96,560 | €43,039 | -€53,521 | -55.4% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €512 | €101 | -€411 | -80.4% |
| Recurring financial charges | 65 | €512 | €101 | -€411 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €96,048 | €42,947 | -€53,101 | -55.3% |
| Income taxes | 67/77 | €20,090 | €10,282 | -€9,808 | -48.8% |
| Profit (loss) for the period | 9904 | €75,958 | €32,665 | -€43,293 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,958 | €32,665 | -€43,293 | -57.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.