BLEU TURQUOISE: 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 TURQUOISE
Largest movements
- Stocks and contracts -€11,742
no longer reported in 2025 (was €11,742)
- Financial fixed assets -€4,500
no longer reported in 2025 (was €4,500)
- Receivables within one year -€1,540
no longer reported in 2025 (was €1,540)
of which Trade receivables: -€1,488
- Cash +€417
new in 2025: €417
mainly Stocks and contracts (+€11,742) and Investment in fixed assets (net) (+€4,500)
- Profit (loss) carried forward -€13,894
down €13,894 (-16.4%), from -€84,678 to -€98,572
- Trade debts -€2,187
down €2,187 (-85.0%), from €2,573 to €385
- Other debts -€1,244
down €1,244 (-1.5%), from €80,386 to €79,141
- Short-term financial debts -€463
no longer reported in 2025 (was €463)
- Tax, wage and social debts +€433
up €433 (+59.0%), from €733 to €1,166
- Gross operating margin -€8,018
down €8,018 (-164.7%), from -€4,867 to -€12,885
- Other operating charges +€254
up €254 (+45.2%), from €562 to €816
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 | €18,077 | €720 | -€17,357 | -96.0% |
| Fixed assets | 21/28 | €4,500 | - | -€4,500 | |
| Financial fixed assets | 28 | €4,500 | - | -€4,500 | |
| Current assets | 29/58 | €13,577 | €720 | -€12,857 | -94.7% |
| Stocks and contracts in progress | 3 | €11,742 | - | -€11,742 | |
| Stocks | 30/36 | €11,742 | - | -€11,742 | |
| Amounts receivable within one year | 40/41 | €1,540 | - | -€1,540 | |
| Trade receivables | 40 | €1,488 | - | -€1,488 | |
| Other amounts receivable | 41 | €52 | - | -€52 | |
| Cash at bank and in hand | 54/58 | - | €417 | +€417 | |
| Deferred charges and accrued income | 490/1 | €295 | €303 | +€7 | +2.5% |
| Total equity and liabilities | 10/49 | €18,077 | €720 | -€17,357 | -96.0% |
| Equity | 10/15 | -€66,078 | -€79,972 | -€13,894 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,678 | -€98,572 | -€13,894 | -16.4% |
| Amounts payable | 17/49 | €84,155 | €80,692 | -€3,463 | -4.1% |
| Amounts payable within one year | 42/48 | €84,155 | €80,692 | -€3,463 | -4.1% |
| Financial debts | 43 | €463 | - | -€463 | |
| Credit institutions | 430/8 | €463 | - | -€463 | |
| Trade debts | 44 | €2,573 | €385 | -€2,187 | -85.0% |
| Suppliers | 440/4 | €2,573 | €385 | -€2,187 | -85.0% |
| Taxes, remuneration and social security | 45 | €733 | €1,166 | +€433 | +59.0% |
| Taxes | 450/3 | €733 | €1,166 | +€433 | +59.0% |
| Other amounts payable | 47/48 | €80,386 | €79,141 | -€1,244 | -1.5% |
| Other operating charges | 640/8 | €562 | €816 | +€254 | +45.2% |
| Gross operating margin | 9900 | -€4,867 | -€12,885 | -€8,018 | -164.7% |
| Operating profit (loss) | 9901 | -€5,430 | -€13,702 | -€8,272 | -152.3% |
| Financial charges | 65/66B | €163 | €193 | +€30 | +18.3% |
| Recurring financial charges | 65 | €163 | €193 | +€30 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,592 | -€13,894 | -€8,302 | -148.4% |
| Profit (loss) for the period | 9904 | -€5,592 | -€13,894 | -€8,302 | -148.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,592 | -€13,894 | -€8,302 | -148.4% |
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 9 October 2026 via checked.be.