Bigeye Blue: 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.
Bigeye Blue
Largest movements
- Cash +€117,185
up €117,185 (+191%), from €61,283 to €178,468
mainly Net result for the year (+€63,354) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year +€30,497
up €30,497 (+142%), from €21,502 to €52,000
of which Trade receivables: +€30,497
- Tangible fixed assets -€21,439
down €21,439 (-36.1%), from €59,353 to €37,914
- Profit (loss) carried forward +€63,354
up €63,354 (+61.6%), from €102,796 to €166,151
- Other debts +€26,348
up €26,348 (+97.6%), from €27,002 to €53,350
- Debts after one year -€6,799
down €6,799 (-41.6%), from €16,328 to €9,529
- Tax, wage and social debts -€6,597
down €6,597 (-18.2%), from €36,317 to €29,720
- Gross operating margin -€32,156
down €32,156 (-24.7%), from €129,996 to €97,840
- Write-downs -€19,117
down €19,117, from €9,558 to -€9,558
- Taxes -€2,702
down €2,702 (-13.5%), from €20,047 to €17,345
- Depreciation +€2,214
up €2,214 (+8.9%), from €24,811 to €27,026
- Financial income +€1,821
up €1,821 (+1,554%), from €117 to €1,939
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 | €194,168 | €270,569 | +€76,401 | +39.3% |
| Fixed assets | 21/28 | €59,603 | €38,164 | -€21,439 | -36.0% |
| Tangible fixed assets | 22/27 | €59,353 | €37,914 | -€21,439 | -36.1% |
| Plant, machinery and equipment | 23 | €13,391 | €11,180 | -€2,211 | -16.5% |
| Furniture and vehicles | 24 | €14,459 | €4,542 | -€9,917 | -68.6% |
| Leasing and similar rights | 25 | €31,503 | €22,192 | -€9,310 | -29.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €134,565 | €232,405 | +€97,840 | +72.7% |
| Amounts receivable within one year | 40/41 | €21,502 | €52,000 | +€30,497 | +142% |
| Trade receivables | 40 | €21,502 | €52,000 | +€30,497 | +142% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €61,283 | €178,468 | +€117,185 | +191% |
| Deferred charges and accrued income | 490/1 | €1,779 | €1,937 | +€157 | +8.8% |
| Total equity and liabilities | 10/49 | €194,168 | €270,569 | +€76,401 | +39.3% |
| Equity | 10/15 | €105,796 | €169,151 | +€63,354 | +59.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,796 | €166,151 | +€63,354 | +61.6% |
| Amounts payable | 17/49 | €88,372 | €101,418 | +€13,047 | +14.8% |
| Amounts payable after more than one year | 17 | €16,328 | €9,529 | -€6,799 | -41.6% |
| Financial debts | 170/4 | €16,328 | €9,529 | -€6,799 | -41.6% |
| Amounts payable within one year | 42/48 | €72,043 | €91,889 | +€19,845 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €6,514 | €6,799 | +€285 | +4.4% |
| Trade debts | 44 | €2,210 | €2,020 | -€190 | -8.6% |
| Suppliers | 440/4 | €2,210 | €2,020 | -€190 | -8.6% |
| Taxes, remuneration and social security | 45 | €36,317 | €29,720 | -€6,597 | -18.2% |
| Taxes | 450/3 | €36,317 | €29,720 | -€6,597 | -18.2% |
| Other amounts payable | 47/48 | €27,002 | €53,350 | +€26,348 | +97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,811 | €27,026 | +€2,214 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,558 | -€9,558 | -€19,117 | |
| Other operating charges | 640/8 | €329 | €650 | +€320 | +97.2% |
| Gross operating margin | 9900 | €129,996 | €97,840 | -€32,156 | -24.7% |
| Operating profit (loss) | 9901 | €95,297 | €79,723 | -€15,574 | -16.3% |
| Financial income | 75/76B | €117 | €1,939 | +€1,821 | +1,554% |
| Recurring financial income | 75 | €117 | €1,939 | +€1,821 | +1,554% |
| Financial charges | 65/66B | €1,338 | €962 | -€376 | -28.1% |
| Recurring financial charges | 65 | €1,338 | €962 | -€376 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €94,076 | €80,700 | -€13,376 | -14.2% |
| Income taxes | 67/77 | €20,047 | €17,345 | -€2,702 | -13.5% |
| Profit (loss) for the period | 9904 | €74,029 | €63,354 | -€10,675 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,029 | €63,354 | -€10,675 | -14.4% |
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 15 October 2026 via checked.be.