BLH: 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.
BLH
Largest movements
- Receivables within one year +€100,543
up €100,543 (+203,035%), from €50 to €100,592
of which Other amounts receivable: +€100,143
- Other debts +€106,910
new in 2025: €106,910
- Profit (loss) carried forward -€6,795
down €6,795 (-126%), from -€5,391 to -€12,187
- Financial charges +€2,799
up €2,799 (+13,973%), from €20 to €2,819
- Gross operating margin +€1,023
up €1,023 (+22.2%), from -€4,599 to -€3,577
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
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 | €251,943 | €353,283 | +€101,340 | +40.2% |
| Fixed assets | 21/28 | €250,000 | €250,000 | = | 0.0% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €1,943 | €103,283 | +€101,340 | +5,216% |
| Amounts receivable within one year | 40/41 | €50 | €100,592 | +€100,543 | +203,035% |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | €50 | €100,193 | +€100,143 | +202,228% |
| Cash at bank and in hand | 54/58 | €1,893 | €2,690 | +€797 | +42.1% |
| Total equity and liabilities | 10/49 | €251,943 | €353,283 | +€101,340 | +40.2% |
| Equity | 10/15 | €251,609 | €244,813 | -€6,795 | -2.7% |
| Contributions | 10/11 | €257,000 | €257,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,391 | -€12,187 | -€6,795 | -126% |
| Amounts payable | 17/49 | €334 | €108,469 | +€108,135 | +32,359% |
| Amounts payable within one year | 42/48 | €334 | €108,469 | +€108,135 | +32,359% |
| Trade debts | 44 | €334 | €741 | +€406 | +122% |
| Suppliers | 440/4 | €334 | €741 | +€406 | +122% |
| Taxes, remuneration and social security | 45 | - | €819 | +€819 | |
| Taxes | 450/3 | - | €819 | +€819 | |
| Other amounts payable | 47/48 | - | €106,910 | +€106,910 | |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | -€4,599 | -€3,577 | +€1,023 | +22.2% |
| Operating profit (loss) | 9901 | -€5,371 | -€3,977 | +€1,395 | +26.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €20 | €2,819 | +€2,799 | +13,973% |
| Recurring financial charges | 65 | €20 | €2,819 | +€2,799 | +13,973% |
| Profit (loss) for the period before taxes | 9903 | -€5,391 | -€6,795 | -€1,404 | -26.0% |
| Profit (loss) for the period | 9904 | -€5,391 | -€6,795 | -€1,404 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,391 | -€6,795 | -€1,404 | -26.0% |
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 27 October 2026 via checked.be.