Blaulicht: 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.
Blaulicht
Largest movements
- Receivables after one year -€99,500
no longer reported in 2025 (was €99,500)
- Cash -€8,683
down €8,683 (-6.0%), from €144,044 to €135,361
mainly Contributions, distributions and other (-€293,287) and Tax, wage and social debts (-€15,129)
- Reserves -€214,355
no longer reported in 2025 (was €214,355)
- Other debts +€122,094
new in 2025: €122,094
- Tax, wage and social debts -€15,129
down €15,129 (-29.5%), from €51,366 to €36,237
- Gross operating margin -€3,569
down €3,569 (-3.4%), from €105,908 to €102,338
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 | €271,427 | €164,583 | -€106,844 | -39.4% |
| Fixed assets | 21/28 | €4,662 | €6,062 | +€1,400 | +30.0% |
| Tangible fixed assets | 22/27 | €4,662 | €6,062 | +€1,400 | +30.0% |
| Plant, machinery and equipment | 23 | €1,785 | €1,782 | -€4 | -0.2% |
| Furniture and vehicles | 24 | - | €1,792 | +€1,792 | |
| Other tangible fixed assets | 26 | €2,877 | €2,488 | -€389 | -13.5% |
| Current assets | 29/58 | €266,766 | €158,522 | -€108,244 | -40.6% |
| Amounts receivable after more than one year | 29 | €99,500 | - | -€99,500 | |
| Other amounts receivable | 291 | €99,500 | - | -€99,500 | |
| Amounts receivable within one year | 40/41 | €19,360 | €20,060 | +€700 | +3.6% |
| Trade receivables | 40 | €19,360 | €20,060 | +€700 | +3.6% |
| Cash at bank and in hand | 54/58 | €144,044 | €135,361 | -€8,683 | -6.0% |
| Deferred charges and accrued income | 490/1 | €3,861 | €3,101 | -€761 | -19.7% |
| Total equity and liabilities | 10/49 | €271,427 | €164,583 | -€106,844 | -39.4% |
| Equity | 10/15 | €219,355 | €5,000 | -€214,355 | -97.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €214,355 | - | -€214,355 | |
| Distributable reserves | 133 | €214,355 | - | -€214,355 | |
| Amounts payable | 17/49 | €52,072 | €159,583 | +€107,511 | +206.5% |
| Amounts payable within one year | 42/48 | €52,072 | €159,475 | +€107,403 | +206.3% |
| Trade debts | 44 | €706 | €1,145 | +€438 | +62.0% |
| Suppliers | 440/4 | €706 | €1,145 | +€438 | +62.0% |
| Taxes, remuneration and social security | 45 | €51,366 | €36,237 | -€15,129 | -29.5% |
| Taxes | 450/3 | €51,366 | €36,237 | -€15,129 | -29.5% |
| Other amounts payable | 47/48 | - | €122,094 | +€122,094 | |
| Accrued charges and deferred income | 492/3 | - | €108 | +€108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,501 | €2,021 | +€520 | +34.6% |
| Other operating charges | 640/8 | €829 | €759 | -€71 | -8.5% |
| Gross operating margin | 9900 | €105,908 | €102,338 | -€3,569 | -3.4% |
| Operating profit (loss) | 9901 | €103,577 | €99,559 | -€4,019 | -3.9% |
| Financial income | 75/76B | €1,163 | €708 | -€455 | -39.1% |
| Recurring financial income | 75 | €1,163 | €708 | -€455 | -39.1% |
| Financial charges | 65/66B | €120 | €136 | +€16 | +13.7% |
| Recurring financial charges | 65 | €120 | €136 | +€16 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €104,620 | €100,130 | -€4,490 | -4.3% |
| Income taxes | 67/77 | €22,160 | €21,198 | -€962 | -4.3% |
| Profit (loss) for the period | 9904 | €82,460 | €78,932 | -€3,528 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,460 | €78,932 | -€3,528 | -4.3% |
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 5 October 2026 via checked.be.