BLANUTA PROJECTS: 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.
BLANUTA PROJECTS
Largest movements
- Receivables after one year +€23,192
up €23,192 (+117.1%), from €19,800 to €42,992
- Cash -€18,941
down €18,941 (-40.4%), from €46,915 to €27,974
mainly Receivables after one year (-€23,192) and Investment in fixed assets (net) (-€8,279)
- Tangible fixed assets +€3,655
new in 2025: €3,655
- Financial fixed assets +€3,300
new in 2025: €3,300
- Receivables within one year +€2,869
new in 2025: €2,869
- Profit (loss) carried forward +€11,692
up €11,692 (+25.3%), from €46,287 to €57,979
- Other debts -€6,422
no longer reported in 2025 (was €6,422)
- Trade debts +€3,822
new in 2025: €3,822
- Accrued charges and deferred income +€3,797
new in 2025: €3,797
- Tax, wage and social debts -€896
down €896 (-6.9%), from €12,988 to €12,092
- Turnover -€104,839
down €104,839 (-20.7%), from €505,797 to €400,958
- Purchases and services -€64,329
down €64,329 (-14.9%), from €432,746 to €368,417
- Gross operating margin -€43,140
down €43,140 (-57.0%), from €75,681 to €32,541
- Taxes -€9,342
down €9,342 (-74.8%), from €12,481 to €3,139
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 | €68,797 | €80,790 | +€11,993 | +17.4% |
| Fixed assets | 21/28 | €482 | €6,955 | +€6,473 | +1341.7% |
| Intangible fixed assets | 21 | €482 | €0 | -€482 | -100.0% |
| Tangible fixed assets | 22/27 | - | €3,655 | +€3,655 | |
| Furniture and vehicles | 24 | - | €3,655 | +€3,655 | |
| Financial fixed assets | 28 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €68,314 | €73,835 | +€5,521 | +8.1% |
| Amounts receivable after more than one year | 29 | €19,800 | €42,992 | +€23,192 | +117.1% |
| Other amounts receivable | 291 | €19,800 | €42,992 | +€23,192 | +117.1% |
| Amounts receivable within one year | 40/41 | - | €2,869 | +€2,869 | |
| Trade receivables | 40 | - | €2,869 | +€2,869 | |
| Cash at bank and in hand | 54/58 | €46,915 | €27,974 | -€18,941 | -40.4% |
| Deferred charges and accrued income | 490/1 | €1,599 | - | -€1,599 | |
| Total equity and liabilities | 10/49 | €68,797 | €80,790 | +€11,993 | +17.4% |
| Equity | 10/15 | €49,387 | €61,079 | +€11,692 | +23.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €2,600 | €2,600 | = | 0.0% |
| Distributable reserves | 133 | €2,600 | €2,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,287 | €57,979 | +€11,692 | +25.3% |
| Amounts payable | 17/49 | €19,410 | €19,711 | +€301 | +1.6% |
| Amounts payable within one year | 42/48 | €19,410 | €15,914 | -€3,496 | -18.0% |
| Trade debts | 44 | - | €3,822 | +€3,822 | |
| Suppliers | 440/4 | - | €3,822 | +€3,822 | |
| Taxes, remuneration and social security | 45 | €12,988 | €12,092 | -€896 | -6.9% |
| Taxes | 450/3 | €12,988 | €12,092 | -€896 | -6.9% |
| Other amounts payable | 47/48 | €6,422 | - | -€6,422 | |
| Accrued charges and deferred income | 492/3 | - | €3,797 | +€3,797 | |
| Turnover | 70 | €505,797 | €400,958 | -€104,839 | -20.7% |
| Non-recurring operating income | 76A | €2,630 | - | -€2,630 | |
| Goods, raw materials, services and sundry goods | 60/61 | €432,746 | €368,417 | -€64,329 | -14.9% |
| Remuneration, social security and pensions | 62 | €5,743 | €4,347 | -€1,396 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €1,806 | +€1,324 | +274.4% |
| Other operating charges | 640/8 | €6,077 | €10,018 | +€3,941 | +64.8% |
| Gross operating margin | 9900 | €75,681 | €32,541 | -€43,140 | -57.0% |
| Operating profit (loss) | 9901 | €63,377 | €16,370 | -€47,007 | -74.2% |
| Financial charges | 65/66B | €2,010 | €1,539 | -€471 | -23.4% |
| Recurring financial charges | 65 | €2,010 | €1,539 | -€471 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €61,368 | €14,831 | -€46,537 | -75.8% |
| Income taxes | 67/77 | €12,481 | €3,139 | -€9,342 | -74.8% |
| Profit (loss) for the period | 9904 | €48,887 | €11,692 | -€37,195 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,887 | €11,692 | -€37,195 | -76.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.