BLUE BUILDERS: 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 BUILDERS
Largest movements
- Tangible fixed assets -€52,837
down €52,837 (-4.2%), from €1.2m to €1.2m
- Receivables within one year +€35,086
up €35,086 (+183%), from €19,155 to €54,240
of which Trade receivables: +€32,861
- Other debts -€158,143
down €158,143 (-78.2%), from €202,213 to €44,070
- Debts after one year +€106,775
up €106,775 (+12.1%), from €885,610 to €992,385
of which Other amounts payable: +€176,590
- Profit (loss) carried forward +€24,422
up €24,422 (+109%), from €22,441 to €46,863
- Trade debts +€15,799
up €15,799 (+32.0%), from €49,334 to €65,133
- Gross operating margin +€15,697
up €15,697 (+17.1%), from €91,642 to €107,339
- Taxes +€7,468
up €7,468 (+148%), from €5,029 to €12,498
- Other operating charges -€3,456
down €3,456 (-58.0%), from €5,957 to €2,501
- Financial charges -€2,459
down €2,459 (-14.2%), from €17,364 to €14,905
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 | €1,280,698 | €1,259,379 | -€21,319 | -1.7% |
| Formation expenses | 20 | €3,612 | €3,251 | -€361 | -10.0% |
| Fixed assets | 21/28 | €1,249,126 | €1,196,289 | -€52,837 | -4.2% |
| Tangible fixed assets | 22/27 | €1,249,126 | €1,196,289 | -€52,837 | -4.2% |
| Land and buildings | 22 | €1,249,126 | €1,196,289 | -€52,837 | -4.2% |
| Current assets | 29/58 | €27,959 | €59,839 | +€31,879 | +114% |
| Amounts receivable within one year | 40/41 | €19,155 | €54,240 | +€35,086 | +183% |
| Trade receivables | 40 | €7,155 | €40,015 | +€32,861 | +459% |
| Other amounts receivable | 41 | €12,000 | €14,225 | +€2,225 | +18.5% |
| Cash at bank and in hand | 54/58 | €8,805 | €5,599 | -€3,206 | -36.4% |
| Total equity and liabilities | 10/49 | €1,280,698 | €1,259,379 | -€21,319 | -1.7% |
| Equity | 10/15 | €44,441 | €68,863 | +€24,422 | +55.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,441 | €46,863 | +€24,422 | +109% |
| Amounts payable | 17/49 | €1,236,257 | €1,190,516 | -€45,741 | -3.7% |
| Amounts payable after more than one year | 17 | €885,610 | €992,385 | +€106,775 | +12.1% |
| Financial debts | 170/4 | €885,610 | €815,795 | -€69,815 | -7.9% |
| Other amounts payable | 178/9 | - | €176,590 | +€176,590 | |
| Amounts payable within one year | 42/48 | €346,079 | €198,131 | -€147,948 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €74,546 | €70,801 | -€3,746 | -5.0% |
| Financial debts | 43 | - | €333 | +€333 | |
| Credit institutions | 430/8 | - | €333 | +€333 | |
| Trade debts | 44 | €49,334 | €65,133 | +€15,799 | +32.0% |
| Suppliers | 440/4 | €49,334 | €65,133 | +€15,799 | +32.0% |
| Taxes, remuneration and social security | 45 | €19,985 | €17,794 | -€2,192 | -11.0% |
| Taxes | 450/3 | €19,985 | €17,794 | -€2,192 | -11.0% |
| Other amounts payable | 47/48 | €202,213 | €44,070 | -€158,143 | -78.2% |
| Accrued charges and deferred income | 492/3 | €4,568 | - | -€4,568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,848 | €53,198 | -€650 | -1.2% |
| Other operating charges | 640/8 | €5,957 | €2,501 | -€3,456 | -58.0% |
| Non-recurring operating charges | 66A | €174 | €0 | -€174 | -100% |
| Gross operating margin | 9900 | €91,642 | €107,339 | +€15,697 | +17.1% |
| Operating profit (loss) | 9901 | €31,663 | €51,640 | +€19,977 | +63.1% |
| Financial income | 75/76B | - | €185 | +€185 | |
| Recurring financial income | 75 | - | €185 | +€185 | |
| Financial charges | 65/66B | €17,364 | €14,905 | -€2,459 | -14.2% |
| Recurring financial charges | 65 | €17,364 | €14,905 | -€2,459 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €14,299 | €36,920 | +€22,621 | +158% |
| Income taxes | 67/77 | €5,029 | €12,498 | +€7,468 | +148% |
| Profit (loss) for the period | 9904 | €9,270 | €24,422 | +€15,153 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €9,270 | €24,422 | +€15,153 | +163% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.