BLEUGIMED: 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.
BLEUGIMED
Largest movements
- Tangible fixed assets +€17,425
up €17,425 (+69.1%), from €25,230 to €42,655
- Receivables within one year +€13,112
up €13,112 (+5.7%), from €231,470 to €244,582
of which Other amounts receivable: +€13,112
- Cash +€6,434
up €6,434 (+62.3%), from €10,327 to €16,761
mainly Net result for the year (+€164,984) and Other debts (+€32,624)
- Other debts +€32,624
up €32,624 (+14.9%), from €219,174 to €251,798
- Tax, wage and social debts +€5,301
up €5,301 (+18.9%), from €28,046 to €33,347
- Gross operating margin +€6,894
up €6,894 (+3.1%), from €219,343 to €226,237
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 | €270,237 | €307,223 | +€36,986 | +13.7% |
| Fixed assets | 21/28 | €25,230 | €42,655 | +€17,425 | +69.1% |
| Tangible fixed assets | 22/27 | €25,230 | €42,655 | +€17,425 | +69.1% |
| Land and buildings | 22 | €16,686 | €24,711 | +€8,025 | +48.1% |
| Furniture and vehicles | 24 | €8,322 | €11,264 | +€2,942 | +35.4% |
| Other tangible fixed assets | 26 | €222 | €6,679 | +€6,458 | +2913.6% |
| Current assets | 29/58 | €245,007 | €264,568 | +€19,561 | +8.0% |
| Amounts receivable within one year | 40/41 | €231,470 | €244,582 | +€13,112 | +5.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €231,470 | €244,582 | +€13,112 | +5.7% |
| Cash at bank and in hand | 54/58 | €10,327 | €16,761 | +€6,434 | +62.3% |
| Deferred charges and accrued income | 490/1 | €3,210 | €3,225 | +€15 | +0.5% |
| Total equity and liabilities | 10/49 | €270,237 | €307,223 | +€36,986 | +13.7% |
| Equity | 10/15 | €21,867 | €21,781 | -€87 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,181 | €3,181 | = | 0.0% |
| Distributable reserves | 133 | €3,181 | €3,181 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87 | €0 | -€87 | -100.0% |
| Amounts payable | 17/49 | €248,370 | €285,442 | +€37,072 | +14.9% |
| Amounts payable within one year | 42/48 | €248,370 | €285,442 | +€37,072 | +14.9% |
| Trade debts | 44 | €1,150 | €297 | -€853 | -74.2% |
| Suppliers | 440/4 | €1,150 | €297 | -€853 | -74.2% |
| Taxes, remuneration and social security | 45 | €28,046 | €33,347 | +€5,301 | +18.9% |
| Taxes | 450/3 | €28,046 | €33,347 | +€5,301 | +18.9% |
| Other amounts payable | 47/48 | €219,174 | €251,798 | +€32,624 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,157 | €9,166 | +€1,009 | +12.4% |
| Other operating charges | 640/8 | €1,705 | €1,188 | -€518 | -30.3% |
| Gross operating margin | 9900 | €219,343 | €226,237 | +€6,894 | +3.1% |
| Operating profit (loss) | 9901 | €209,480 | €215,883 | +€6,403 | +3.1% |
| Financial income | 75/76B | €205 | €102 | -€103 | -50.1% |
| Recurring financial income | 75 | €205 | €102 | -€103 | -50.1% |
| Financial charges | 65/66B | €1,938 | €1,504 | -€434 | -22.4% |
| Recurring financial charges | 65 | €1,938 | €1,504 | -€434 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €207,747 | €214,481 | +€6,734 | +3.2% |
| Income taxes | 67/77 | €48,249 | €49,497 | +€1,248 | +2.6% |
| Profit (loss) for the period | 9904 | €159,498 | €164,984 | +€5,486 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €159,498 | €164,984 | +€5,486 | +3.4% |
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 30 September 2026 via checked.be.