BLEU DE CHINE: 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.
BLEU DE CHINE
Largest movements
- Current investments +€12,000
up €12,000 (+24.0%), from €50,000 to €62,000
- Cash -€3,179
down €3,179 (-40.1%), from €7,932 to €4,753
- Receivables within one year -€1,814
down €1,814 (-71.7%), from €2,531 to €717
of which Trade receivables: -€2,531
- Tangible fixed assets +€956
new in 2022: €956
- Other debts +€4,629
up €4,629 (+126%), from €3,684 to €8,313
- Reserves +€4,346
up €4,346 (+8.9%), from €48,610 to €52,956
of which Distributable reserves: +€4,346
- Trade debts -€909
down €909 (-48.6%), from €1,869 to €960
- Turnover -€10,952
down €10,952 (-52.4%), from €20,918 to €9,966
- Purchases and services -€4,710
down €4,710 (-29.0%), from €16,232 to €11,522
- Depreciation +€1,911
new in 2022: €1,911
- Gross operating margin -€1,556
new in 2022: -€1,556
- Staff costs -€348
no longer reported in 2022 (was €348)
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,463 | €68,426 | +€7,963 | +13.2% |
| Fixed assets | 21/28 | - | €956 | +€956 | |
| Tangible fixed assets | 22/27 | - | €956 | +€956 | |
| Furniture and vehicles | 24 | - | €956 | +€956 | |
| Current assets | 29/58 | €60,463 | €67,471 | +€7,008 | +11.6% |
| Amounts receivable within one year | 40/41 | €2,531 | €717 | -€1,814 | -71.7% |
| Trade receivables | 40 | €2,531 | - | -€2,531 | |
| Other amounts receivable | 41 | €0 | €717 | +€717 | |
| Current investments | 50/53 | €50,000 | €62,000 | +€12,000 | +24.0% |
| Cash at bank and in hand | 54/58 | €7,932 | €4,753 | -€3,179 | -40.1% |
| Total equity and liabilities | 10/49 | €60,463 | €68,426 | +€7,963 | +13.2% |
| Equity | 10/15 | €54,807 | €59,153 | +€4,346 | +7.9% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Capital | 10 | €6,197 | - | -€6,197 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €48,610 | €52,956 | +€4,346 | +8.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €46,751 | €51,097 | +€4,346 | +9.3% |
| Amounts payable | 17/49 | €5,656 | €9,273 | +€3,617 | +64.0% |
| Amounts payable within one year | 42/48 | €5,656 | €9,273 | +€3,617 | +64.0% |
| Trade debts | 44 | €1,869 | €960 | -€909 | -48.6% |
| Suppliers | 440/4 | €1,869 | €960 | -€909 | -48.6% |
| Taxes, remuneration and social security | 45 | €103 | - | -€103 | |
| Taxes | 450/3 | €103 | - | -€103 | |
| Other amounts payable | 47/48 | €3,684 | €8,313 | +€4,629 | +126% |
| Turnover | 70 | €20,918 | €9,966 | -€10,952 | -52.4% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €16,232 | €11,522 | -€4,710 | -29.0% |
| Remuneration, social security and pensions | 62 | €348 | - | -€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,911 | +€1,911 | |
| Other operating charges | 640/8 | €128 | €268 | +€140 | +109% |
| Gross operating margin | 9900 | - | -€1,556 | -€1,556 | |
| Operating profit (loss) | 9901 | -€475 | -€3,735 | -€3,260 | -686% |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €70 | €67 | -€3 | -4.1% |
| Recurring financial charges | 65 | €70 | €67 | -€3 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€544 | -€3,802 | -€3,258 | -599% |
| Profit (loss) for the period | 9904 | -€544 | -€3,802 | -€3,258 | -599% |
| Profit (loss) for the period to be appropriated | 9905 | -€544 | -€3,802 | -€3,258 | -599% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.