Blau-Construct: 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.
Blau-Construct
Largest movements
- Receivables within one year +€393
new in 2025: €393
- Other debts +€440,447
up €440,447 (+175.1%), from €251,475 to €691,922
- Tax, wage and social debts -€318,276
down €318,276 (-99.4%), from €320,281 to €2,005
- Profit (loss) carried forward -€121,685
down €121,685 (-22.1%), from -€550,590 to -€672,274
- Gross operating margin +€306,546
up €306,546 (+99.9%), from -€306,785 to -€239
- Financial charges +€120,135
up €120,135 (+41053.7%), from €293 to €120,428
- Other operating charges -€4,435
down €4,435 (-81.3%), from €5,453 to €1,018
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 | €31,166 | €31,653 | +€487 | +1.6% |
| Fixed assets | 21/28 | €31,050 | €31,050 | = | 0.0% |
| Financial fixed assets | 28 | €31,050 | €31,050 | = | 0.0% |
| Current assets | 29/58 | €116 | €603 | +€487 | +418.2% |
| Amounts receivable within one year | 40/41 | - | €393 | +€393 | |
| Other amounts receivable | 41 | - | €393 | +€393 | |
| Cash at bank and in hand | 54/58 | €116 | €210 | +€94 | +80.4% |
| Total equity and liabilities | 10/49 | €31,166 | €31,653 | +€487 | +1.6% |
| Equity | 10/15 | -€540,590 | -€662,274 | -€121,685 | -22.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€550,590 | -€672,274 | -€121,685 | -22.1% |
| Amounts payable | 17/49 | €571,756 | €693,928 | +€122,172 | +21.4% |
| Amounts payable within one year | 42/48 | €571,756 | €693,928 | +€122,172 | +21.4% |
| Taxes, remuneration and social security | 45 | €320,281 | €2,005 | -€318,276 | -99.4% |
| Taxes | 450/3 | €320,281 | €2,005 | -€318,276 | -99.4% |
| Other amounts payable | 47/48 | €251,475 | €691,922 | +€440,447 | +175.1% |
| Other operating charges | 640/8 | €5,453 | €1,018 | -€4,435 | -81.3% |
| Gross operating margin | 9900 | -€306,785 | -€239 | +€306,546 | +99.9% |
| Operating profit (loss) | 9901 | -€312,238 | -€1,257 | +€310,981 | +99.6% |
| Financial charges | 65/66B | €293 | €120,428 | +€120,135 | +41053.7% |
| Recurring financial charges | 65 | €293 | €120,428 | +€120,135 | +41053.7% |
| Profit (loss) for the period before taxes | 9903 | -€312,530 | -€121,685 | +€190,845 | +61.1% |
| Profit (loss) for the period | 9904 | -€312,530 | -€121,685 | +€190,845 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€312,530 | -€121,685 | +€190,845 | +61.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.