BLU GRASS CONSULTING: 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.
BLU GRASS CONSULTING
Largest movements
- Receivables within one year +€15,061
up €15,061 (+39.8%), from €37,805 to €52,866
of which Other amounts receivable: +€19,364
- Cash -€12,567
down €12,567 (-95.1%), from €13,219 to €652
mainly Receivables within one year (-€15,061) and Trade debts (-€6,130)
- Current investments +€2,759
new in 2025: €2,759
- Reserves +€14,500
up €14,500 (+10.0%), from €144,355 to €158,855
of which Distributable reserves: +€14,500
- Trade debts -€6,130
down €6,130 (-80.8%), from €7,589 to €1,459
- Gross operating margin -€11,966
down €11,966 (-38.3%), from €31,221 to €19,255
- Taxes -€2,477
down €2,477 (-21.7%), from €11,389 to €8,912
- Other operating charges -€2,316
down €2,316 (-74.6%), from €3,104 to €788
- Depreciation -€1,093
down €1,093 (-45.5%), from €2,403 to €1,309
- Financial charges +€1,025
up €1,025 (+26.5%), from €3,868 to €4,894
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 | €265,409 | €273,172 | +€7,763 | +2.9% |
| Fixed assets | 21/28 | €3,564 | €4,344 | +€780 | +21.9% |
| Tangible fixed assets | 22/27 | €3,539 | €4,319 | +€780 | +22.0% |
| Plant, machinery and equipment | 23 | €2,047 | €1,515 | -€532 | -26.0% |
| Furniture and vehicles | 24 | €1,492 | €2,804 | +€1,312 | +87.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €261,845 | €268,828 | +€6,983 | +2.7% |
| Amounts receivable after more than one year | 29 | €210,000 | €210,000 | = | 0.0% |
| Other amounts receivable | 291 | €210,000 | €210,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,805 | €52,866 | +€15,061 | +39.8% |
| Trade receivables | 40 | €17,462 | €13,159 | -€4,303 | -24.6% |
| Other amounts receivable | 41 | €20,343 | €39,707 | +€19,364 | +95.2% |
| Current investments | 50/53 | - | €2,759 | +€2,759 | |
| Cash at bank and in hand | 54/58 | €13,219 | €652 | -€12,567 | -95.1% |
| Deferred charges and accrued income | 490/1 | €822 | €2,551 | +€1,729 | +210% |
| Total equity and liabilities | 10/49 | €265,409 | €273,172 | +€7,763 | +2.9% |
| Equity | 10/15 | €239,416 | €252,779 | +€13,363 | +5.6% |
| Contributions | 10/11 | €6,220 | €6,220 | = | 0.0% |
| Contributions outside capital | 11 | €6,220 | - | -€6,220 | |
| Other | 1109/19 | €6,220 | - | -€6,220 | |
| Reserves | 13 | €144,355 | €158,855 | +€14,500 | +10.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,500 | €15,500 | = | 0.0% |
| Distributable reserves | 133 | €127,000 | €141,500 | +€14,500 | +11.4% |
| Profit (loss) carried forward | 14 | €88,841 | €87,704 | -€1,137 | -1.3% |
| Amounts payable | 17/49 | €25,994 | €20,393 | -€5,600 | -21.5% |
| Amounts payable within one year | 42/48 | €25,994 | €20,393 | -€5,600 | -21.5% |
| Trade debts | 44 | €7,589 | €1,459 | -€6,130 | -80.8% |
| Suppliers | 440/4 | €7,589 | €1,459 | -€6,130 | -80.8% |
| Taxes, remuneration and social security | 45 | €18,405 | €18,935 | +€530 | +2.9% |
| Taxes | 450/3 | €18,405 | €18,935 | +€530 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,403 | €1,309 | -€1,093 | -45.5% |
| Other operating charges | 640/8 | €3,104 | €788 | -€2,316 | -74.6% |
| Gross operating margin | 9900 | €31,221 | €19,255 | -€11,966 | -38.3% |
| Operating profit (loss) | 9901 | €25,714 | €17,158 | -€8,557 | -33.3% |
| Financial income | 75/76B | €9,589 | €10,012 | +€423 | +4.4% |
| Recurring financial income | 75 | €9,589 | €10,012 | +€423 | +4.4% |
| Financial charges | 65/66B | €3,868 | €4,894 | +€1,025 | +26.5% |
| Recurring financial charges | 65 | €3,868 | €4,894 | +€1,025 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €31,435 | €22,276 | -€9,159 | -29.1% |
| Income taxes | 67/77 | €11,389 | €8,912 | -€2,477 | -21.7% |
| Profit (loss) for the period | 9904 | €20,046 | €13,363 | -€6,682 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,046 | €13,363 | -€6,682 | -33.3% |
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 25 October 2026 via checked.be.