Blue Bear 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.
Blue Bear Consulting
Largest movements
- Receivables within one year -€18,685
down €18,685 (-33.9%), from €55,176 to €36,491
of which Trade receivables: -€19,134
- Cash -€5,847
down €5,847 (-2.9%), from €200,360 to €194,513
mainly Contributions, distributions and other (-€317,647) and Investment in fixed assets (net) (-€2,320)
- Profit (loss) carried forward -€217,455
down €217,455 (-86.0%), from €252,814 to €35,359
- Other debts +€169,840
up €169,840 (+105,878%), from €160 to €170,000
- Tax, wage and social debts +€23,633
up €23,633 (+267%), from €8,858 to €32,491
- Gross operating margin +€30,548
up €30,548 (+30.5%), from €100,009 to €130,558
- Taxes +€7,668
up €7,668 (+38.6%), from €19,888 to €27,556
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 | €267,780 | €243,360 | -€24,420 | -9.1% |
| Fixed assets | 21/28 | €11,694 | €12,292 | +€598 | +5.1% |
| Tangible fixed assets | 22/27 | €11,458 | €12,056 | +€598 | +5.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €11,458 | €12,056 | +€598 | +5.2% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €256,085 | €231,068 | -€25,018 | -9.8% |
| Amounts receivable within one year | 40/41 | €55,176 | €36,491 | -€18,685 | -33.9% |
| Trade receivables | 40 | €55,176 | €36,042 | -€19,134 | -34.7% |
| Other amounts receivable | 41 | - | €449 | +€449 | |
| Cash at bank and in hand | 54/58 | €200,360 | €194,513 | -€5,847 | -2.9% |
| Deferred charges and accrued income | 490/1 | €550 | €64 | -€485 | -88.3% |
| Total equity and liabilities | 10/49 | €267,780 | €243,360 | -€24,420 | -9.1% |
| Equity | 10/15 | €257,814 | €40,359 | -€217,455 | -84.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,814 | €35,359 | -€217,455 | -86.0% |
| Amounts payable | 17/49 | €9,966 | €203,001 | +€193,035 | +1,937% |
| Amounts payable within one year | 42/48 | €9,966 | €203,001 | +€193,035 | +1,937% |
| Trade debts | 44 | €948 | €511 | -€438 | -46.2% |
| Suppliers | 440/4 | €948 | €511 | -€438 | -46.2% |
| Taxes, remuneration and social security | 45 | €8,858 | €32,491 | +€23,633 | +267% |
| Taxes | 450/3 | €8,858 | €32,491 | +€23,633 | +267% |
| Other amounts payable | 47/48 | €160 | €170,000 | +€169,840 | +105,878% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,962 | €1,722 | -€1,240 | -41.9% |
| Other operating charges | 640/8 | €0 | €1,003 | +€1,003 | |
| Gross operating margin | 9900 | €100,009 | €130,558 | +€30,548 | +30.5% |
| Operating profit (loss) | 9901 | €97,047 | €127,833 | +€30,785 | +31.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €68 | €85 | +€16 | +23.9% |
| Recurring financial charges | 65 | €68 | €85 | +€16 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €96,979 | €127,748 | +€30,769 | +31.7% |
| Income taxes | 67/77 | €19,888 | €27,556 | +€7,668 | +38.6% |
| Profit (loss) for the period | 9904 | €77,091 | €100,192 | +€23,101 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,091 | €100,192 | +€23,101 | +30.0% |
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 24 October 2026 via checked.be.