BLMED: 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.
BLMED
Largest movements
- Receivables within one year -€176,438
down €176,438 (-88.8%), from €198,585 to €22,147
of which Other amounts receivable: -€178,599
- Cash -€78,756
down €78,756 (-42.5%), from €185,155 to €106,399
mainly Other debts (-€245,300) and Contributions, distributions and other (-€106,480)
- Deferred charges and accrued income -€11,105
down €11,105 (-90.2%), from €12,305 to €1,200
- Other debts -€245,300
down €245,300 (-69.1%), from €355,000 to €109,700
- Tax, wage and social debts -€23,826
down €23,826 (-61.2%), from €38,942 to €15,117
of which Taxes: -€23,876
- Financial income -€6,520
down €6,520 (-63.0%), from €10,352 to €3,832
- Gross operating margin -€5,455
down €5,455 (-3.9%), from €139,120 to €133,665
- Taxes -€3,084
down €3,084 (-9.2%), from €33,528 to €30,444
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 | €398,085 | €131,691 | -€266,394 | -66.9% |
| Fixed assets | 21/28 | €2,040 | €1,444 | -€596 | -29.2% |
| Tangible fixed assets | 22/27 | €2,040 | €1,444 | -€596 | -29.2% |
| Plant, machinery and equipment | 23 | €1,844 | €1,444 | -€399 | -21.7% |
| Furniture and vehicles | 24 | €196 | €0 | -€196 | -100% |
| Current assets | 29/58 | €396,045 | €130,247 | -€265,798 | -67.1% |
| Amounts receivable within one year | 40/41 | €198,585 | €22,147 | -€176,438 | -88.8% |
| Trade receivables | 40 | €19,986 | €22,147 | +€2,161 | +10.8% |
| Other amounts receivable | 41 | €178,599 | €0 | -€178,599 | -100% |
| Current investments | 50/53 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €185,155 | €106,399 | -€78,756 | -42.5% |
| Deferred charges and accrued income | 490/1 | €12,305 | €1,200 | -€11,105 | -90.2% |
| Total equity and liabilities | 10/49 | €398,085 | €131,691 | -€266,394 | -66.9% |
| Equity | 10/15 | €3,658 | €3,002 | -€656 | -17.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €658 | €2 | -€656 | -99.7% |
| Amounts payable | 17/49 | €394,427 | €128,689 | -€265,738 | -67.4% |
| Amounts payable within one year | 42/48 | €394,427 | €128,689 | -€265,738 | -67.4% |
| Financial debts | 43 | €0 | €2,940 | +€2,940 | |
| Credit institutions | 430/8 | €0 | €2,940 | +€2,940 | |
| Trade debts | 44 | €484 | €932 | +€448 | +92.5% |
| Suppliers | 440/4 | €484 | €932 | +€448 | +92.5% |
| Taxes, remuneration and social security | 45 | €38,942 | €15,117 | -€23,826 | -61.2% |
| Taxes | 450/3 | €35,692 | €11,817 | -€23,876 | -66.9% |
| Remuneration and social security | 454/9 | €3,250 | €3,300 | +€50 | +1.5% |
| Other amounts payable | 47/48 | €355,000 | €109,700 | -€245,300 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,024 | €596 | -€429 | -41.9% |
| Other operating charges | 640/8 | €1,095 | €509 | -€587 | -53.6% |
| Gross operating margin | 9900 | €139,120 | €133,665 | -€5,455 | -3.9% |
| Operating profit (loss) | 9901 | €137,000 | €132,561 | -€4,439 | -3.2% |
| Financial income | 75/76B | €10,352 | €3,832 | -€6,520 | -63.0% |
| Recurring financial income | 75 | €10,352 | €3,832 | -€6,520 | -63.0% |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €147,227 | €136,268 | -€10,959 | -7.4% |
| Income taxes | 67/77 | €33,528 | €30,444 | -€3,084 | -9.2% |
| Profit (loss) for the period | 9904 | €113,699 | €105,824 | -€7,875 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €113,699 | €105,824 | -€7,875 | -6.9% |
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 24 October 2026 via checked.be.