BLEU MARINE: 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 MARINE
Largest movements
- Receivables within one year +€10,387
up €10,387 (+185%), from €5,627 to €16,014
of which Trade receivables: +€6,838
- Deferred charges and accrued income -€2,453
down €2,453 (-98.4%), from €2,494 to €41
- Cash +€2,261
up €2,261 (+62.1%), from €3,639 to €5,901
mainly Trade debts (+€13,104) and Deferred charges and accrued income (+€2,453)
- Tangible fixed assets -€422
down €422 (-100%), from €422 to €0
- Trade debts +€13,104
up €13,104 (+20,545%), from €64 to €13,167
- Tax, wage and social debts -€5,311
down €5,311 (-93.3%), from €5,691 to €380
of which Taxes: -€3,928
- Profit (loss) carried forward +€1,981
up €1,981 (+48.4%), from -€4,096 to -€2,115
- Gross operating margin +€2,820
up €2,820 (+109%), from €2,593 to €5,413
- Depreciation -€538
down €538 (-100%), from €538 to €0
- Other operating charges +€346
up €346 (+42.5%), from €815 to €1,161
- Taxes -€342
down €342 (-47.4%), from €722 to €380
- Financial charges +€147
up €147 (+55.1%), from €268 to €415
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.
Derived cash bridge
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 | €12,182 | €21,956 | +€9,774 | +80.2% |
| Fixed assets | 21/28 | €422 | €0 | -€422 | -100% |
| Tangible fixed assets | 22/27 | €422 | €0 | -€422 | -100% |
| Plant, machinery and equipment | 23 | €422 | €0 | -€422 | -100% |
| Current assets | 29/58 | €11,760 | €21,956 | +€10,196 | +86.7% |
| Amounts receivable within one year | 40/41 | €5,627 | €16,014 | +€10,387 | +185% |
| Trade receivables | 40 | €1,925 | €8,763 | +€6,838 | +355% |
| Other amounts receivable | 41 | €3,702 | €7,251 | +€3,549 | +95.9% |
| Cash at bank and in hand | 54/58 | €3,639 | €5,901 | +€2,261 | +62.1% |
| Deferred charges and accrued income | 490/1 | €2,494 | €41 | -€2,453 | -98.4% |
| Total equity and liabilities | 10/49 | €12,182 | €21,956 | +€9,774 | +80.2% |
| Equity | 10/15 | €6,428 | €8,409 | +€1,981 | +30.8% |
| Contributions | 10/11 | €8,668 | €8,668 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,096 | -€2,115 | +€1,981 | +48.4% |
| Amounts payable | 17/49 | €5,754 | €13,547 | +€7,793 | +135% |
| Amounts payable within one year | 42/48 | €5,754 | €13,547 | +€7,793 | +135% |
| Trade debts | 44 | €64 | €13,167 | +€13,104 | +20,545% |
| Suppliers | 440/4 | €64 | €13,167 | +€13,104 | +20,545% |
| Taxes, remuneration and social security | 45 | €5,691 | €380 | -€5,311 | -93.3% |
| Taxes | 450/3 | €4,308 | €380 | -€3,928 | -91.2% |
| Remuneration and social security | 454/9 | €1,383 | €0 | -€1,383 | -100% |
| Non-recurring operating income | 76A | €0 | €17,544 | +€17,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €0 | -€538 | -100% |
| Other operating charges | 640/8 | €815 | €1,161 | +€346 | +42.5% |
| Non-recurring operating charges | 66A | - | €1,485 | +€1,485 | |
| Gross operating margin | 9900 | €2,593 | €5,413 | +€2,820 | +109% |
| Operating profit (loss) | 9901 | €1,239 | €2,766 | +€1,526 | +123% |
| Financial income | 75/76B | €1 | €10 | +€9 | +995% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +995% |
| Financial charges | 65/66B | €268 | €415 | +€147 | +55.1% |
| Recurring financial charges | 65 | €268 | €415 | +€147 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | €973 | €2,361 | +€1,388 | +143% |
| Income taxes | 67/77 | €722 | €380 | -€342 | -47.4% |
| Profit (loss) for the period | 9904 | €251 | €1,981 | +€1,730 | +689% |
| Profit (loss) for the period to be appropriated | 9905 | €251 | €1,981 | +€1,730 | +689% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.