BLAUW HOF: 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.
BLAUW HOF
Largest movements
- Receivables within one year -€132,250
down €132,250 (-37.9%), from €349,385 to €217,135
of which Other amounts receivable: -€92,710
- Tangible fixed assets +€116,059
up €116,059 (+131%), from €88,864 to €204,923
of which Land and buildings: +€125,844
- Cash -€39,595
down €39,595 (-64.1%), from €61,813 to €22,218
mainly Investment in fixed assets (net) (-€140,000) and Trade debts (-€75,326)
- Trade debts -€75,326
down €75,326 (-91.8%), from €82,056 to €6,730
- Debts after one year +€59,069
up €59,069 (+67.8%), from €87,180 to €146,249
- Advances received -€44,277
no longer reported in 2024 (was €44,277)
- Profit (loss) carried forward -€11,971
new in 2024: -€11,971
- Tax, wage and social debts +€9,380
up €9,380 (+211%), from €4,452 to €13,832
of which Remuneration and social security: +€9,795
- Other operating charges +€20,115
up €20,115 (+398%), from €5,055 to €25,170
- Financial income -€7,902
no longer reported in 2024 (was €7,902)
- Taxes -€2,047
no longer reported in 2024 (was €2,047)
- Financial charges -€501
down €501 (-7.9%), from €6,320 to €5,818
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €582,227 | €526,284 | -€55,943 | -9.6% |
| Fixed assets | 21/28 | €89,872 | €205,930 | +€116,059 | +129% |
| Tangible fixed assets | 22/27 | €88,864 | €204,923 | +€116,059 | +131% |
| Land and buildings | 22 | €56,625 | €182,469 | +€125,844 | +222% |
| Plant, machinery and equipment | 23 | €15,165 | €8,509 | -€6,656 | -43.9% |
| Furniture and vehicles | 24 | €2,754 | €1,748 | -€1,006 | -36.5% |
| Other tangible fixed assets | 26 | €14,321 | €12,198 | -€2,123 | -14.8% |
| Financial fixed assets | 28 | €1,008 | €1,008 | = | 0.0% |
| Current assets | 29/58 | €492,355 | €320,353 | -€172,001 | -34.9% |
| Stocks and contracts in progress | 3 | €81,000 | €81,000 | = | 0.0% |
| Stocks | 30/36 | €81,000 | €81,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €349,385 | €217,135 | -€132,250 | -37.9% |
| Trade receivables | 40 | €43,796 | €4,255 | -€39,540 | -90.3% |
| Other amounts receivable | 41 | €305,590 | €212,880 | -€92,710 | -30.3% |
| Cash at bank and in hand | 54/58 | €61,813 | €22,218 | -€39,595 | -64.1% |
| Deferred charges and accrued income | 490/1 | €157 | - | -€157 | |
| Total equity and liabilities | 10/49 | €582,227 | €526,284 | -€55,943 | -9.6% |
| Equity | 10/15 | €338,512 | €326,541 | -€11,971 | -3.5% |
| Contributions | 10/11 | €66,825 | €66,825 | = | 0.0% |
| Reserves | 13 | €271,687 | €271,687 | = | 0.0% |
| Distributable reserves | 133 | €271,687 | €271,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,971 | -€11,971 | |
| Amounts payable | 17/49 | €243,715 | €199,743 | -€43,972 | -18.0% |
| Amounts payable after more than one year | 17 | €87,180 | €146,249 | +€59,069 | +67.8% |
| Financial debts | 170/4 | €87,180 | €146,249 | +€59,069 | +67.8% |
| Amounts payable within one year | 42/48 | €156,535 | €53,494 | -€103,041 | -65.8% |
| Current portion of amounts payable after more than one year | 42 | €25,750 | €32,931 | +€7,181 | +27.9% |
| Trade debts | 44 | €82,056 | €6,730 | -€75,326 | -91.8% |
| Suppliers | 440/4 | €82,056 | €6,730 | -€75,326 | -91.8% |
| Advances received on contracts in progress | 46 | €44,277 | - | -€44,277 | |
| Taxes, remuneration and social security | 45 | €4,452 | €13,832 | +€9,380 | +211% |
| Taxes | 450/3 | €2,669 | €2,254 | -€415 | -15.6% |
| Remuneration and social security | 454/9 | €1,784 | €11,579 | +€9,795 | +549% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,891 | €23,942 | +€51 | +0.2% |
| Other operating charges | 640/8 | €5,055 | €25,170 | +€20,115 | +398% |
| Gross operating margin | 9900 | €42,899 | €42,959 | +€60 | +0.1% |
| Operating profit (loss) | 9901 | €13,953 | -€6,153 | -€20,105 | |
| Financial income | 75/76B | €7,902 | - | -€7,902 | |
| Recurring financial income | 75 | €7,902 | - | -€7,902 | |
| Financial charges | 65/66B | €6,320 | €5,818 | -€501 | -7.9% |
| Recurring financial charges | 65 | €6,320 | €5,818 | -€501 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €15,535 | -€11,971 | -€27,506 | |
| Income taxes | 67/77 | €2,047 | - | -€2,047 | |
| Profit (loss) for the period | 9904 | €13,489 | -€11,971 | -€25,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,489 | -€11,971 | -€25,460 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.