BLIN: 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.
BLIN
Largest movements
- Stocks and contracts -€31,550
down €31,550 (-5.0%), from €636,071 to €604,521
- Debts after one year -€76,382
down €76,382 (-23.4%), from €326,929 to €250,547
- Trade debts +€69,520
up €69,520 (+13.8%), from €502,711 to €572,231
- Tax, wage and social debts -€31,168
down €31,168 (-22.0%), from €141,505 to €110,337
of which Taxes: -€26,837
- Profit (loss) carried forward +€28,808
up €28,808 (+24.5%), from -€117,522 to -€88,714
- Other debts -€22,084
no longer reported in 2024 (was €22,084)
- Gross operating margin +€375,831
up €375,831 (+135%), from €279,202 to €655,033
- Staff costs +€49,633
up €49,633 (+9.5%), from €524,858 to €574,491
- Financial charges +€20,551
up €20,551 (+491%), from €4,186 to €24,737
of which Financial charges: +€20,205
- Taxes -€12,819
new in 2024: -€12,819
- Other operating charges +€11,835
up €11,835 (+96.9%), from €12,219 to €24,054
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €956,435 | €928,840 | -€27,595 | -2.9% |
| Fixed assets | 21/28 | €36,511 | €39,236 | +€2,725 | +7.5% |
| Tangible fixed assets | 22/27 | €33,357 | €36,082 | +€2,725 | +8.2% |
| Plant, machinery and equipment | 23 | €30,330 | €24,278 | -€6,052 | -20.0% |
| Furniture and vehicles | 24 | €3,027 | €11,804 | +€8,777 | +290% |
| Financial fixed assets | 28 | €3,154 | €3,154 | = | 0.0% |
| Current assets | 29/58 | €919,924 | €889,604 | -€30,320 | -3.3% |
| Stocks and contracts in progress | 3 | €636,071 | €604,521 | -€31,550 | -5.0% |
| Stocks | 30/36 | €636,071 | €604,521 | -€31,550 | -5.0% |
| Cash at bank and in hand | 54/58 | €283,853 | €285,083 | +€1,230 | +0.4% |
| Total equity and liabilities | 10/49 | €956,435 | €928,840 | -€27,595 | -2.9% |
| Equity | 10/15 | -€109,465 | -€80,657 | +€28,808 | +26.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,522 | -€88,714 | +€28,808 | +24.5% |
| Amounts payable | 17/49 | €1,065,900 | €1,009,497 | -€56,403 | -5.3% |
| Amounts payable after more than one year | 17 | €326,929 | €250,547 | -€76,382 | -23.4% |
| Financial debts | 170/4 | €326,929 | €250,547 | -€76,382 | -23.4% |
| Amounts payable within one year | 42/48 | €738,971 | €758,950 | +€19,979 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €72,671 | €76,382 | +€3,711 | +5.1% |
| Trade debts | 44 | €502,711 | €572,231 | +€69,520 | +13.8% |
| Suppliers | 440/4 | €502,711 | €572,231 | +€69,520 | +13.8% |
| Taxes, remuneration and social security | 45 | €141,505 | €110,337 | -€31,168 | -22.0% |
| Taxes | 450/3 | €47,501 | €20,664 | -€26,837 | -56.5% |
| Remuneration and social security | 454/9 | €94,004 | €89,673 | -€4,331 | -4.6% |
| Other amounts payable | 47/48 | €22,084 | - | -€22,084 | |
| Remuneration, social security and pensions | 62 | €524,858 | €574,491 | +€49,633 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,904 | €15,762 | +€2,858 | +22.1% |
| Other operating charges | 640/8 | €12,219 | €24,054 | +€11,835 | +96.9% |
| Gross operating margin | 9900 | €279,202 | €655,033 | +€375,831 | +135% |
| Operating profit (loss) | 9901 | -€270,779 | €40,726 | +€311,505 | |
| Financial charges | 65/66B | €4,186 | €24,737 | +€20,551 | +491% |
| Recurring financial charges | 65 | €3,946 | €24,151 | +€20,205 | +512% |
| Non-recurring financial charges | 66B | €240 | €586 | +€346 | +144% |
| Profit (loss) for the period before taxes | 9903 | -€274,965 | €15,989 | +€290,954 | |
| Income taxes | 67/77 | - | -€12,819 | -€12,819 | |
| Profit (loss) for the period | 9904 | -€274,965 | €28,808 | +€303,773 | |
| Profit (loss) for the period to be appropriated | 9905 | -€274,965 | €28,808 | +€303,773 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.