Blue Drovers: 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 Drovers
Largest movements
- Cash -€14,888
down €14,888 (-45.5%), from €32,742 to €17,854
mainly Contributions, distributions and other (-€12,666) and Other debts (-€11,924)
- Tangible fixed assets +€2,363
new in 2025: €2,363
- Receivables within one year +€1,100
new in 2025: €1,100
- Other debts -€11,924
down €11,924 (-39.8%), from €29,951 to €18,027
- Tax, wage and social debts +€350
up €350 (+22.6%), from €1,550 to €1,900
- Gross operating margin +€3,834
up €3,834 (+28.5%), from €13,441 to €17,274
- Taxes +€1,333
up €1,333 (+50.0%), from €2,666 to €4,000
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 | €33,155 | €21,703 | -€11,452 | -34.5% |
| Fixed assets | 21/28 | - | €2,363 | +€2,363 | |
| Tangible fixed assets | 22/27 | - | €2,363 | +€2,363 | |
| Plant, machinery and equipment | 23 | - | €2,363 | +€2,363 | |
| Current assets | 29/58 | €33,155 | €19,340 | -€13,815 | -41.7% |
| Amounts receivable within one year | 40/41 | - | €1,100 | +€1,100 | |
| Other amounts receivable | 41 | - | €1,100 | +€1,100 | |
| Cash at bank and in hand | 54/58 | €32,742 | €17,854 | -€14,888 | -45.5% |
| Deferred charges and accrued income | 490/1 | €413 | €386 | -€27 | -6.5% |
| Total equity and liabilities | 10/49 | €33,155 | €21,703 | -€11,452 | -34.5% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €32,155 | €20,703 | -€11,452 | -35.6% |
| Amounts payable within one year | 42/48 | €32,155 | €20,703 | -€11,452 | -35.6% |
| Trade debts | 44 | €654 | €776 | +€122 | +18.7% |
| Suppliers | 440/4 | €654 | €776 | +€122 | +18.7% |
| Taxes, remuneration and social security | 45 | €1,550 | €1,900 | +€350 | +22.6% |
| Taxes | 450/3 | €1,550 | €1,900 | +€350 | +22.6% |
| Other amounts payable | 47/48 | €29,951 | €18,027 | -€11,924 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €137 | +€137 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €13,441 | €17,274 | +€3,834 | +28.5% |
| Operating profit (loss) | 9901 | €13,053 | €16,737 | +€3,684 | +28.2% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.7% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.7% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €12,998 | €16,665 | +€3,667 | +28.2% |
| Income taxes | 67/77 | €2,666 | €4,000 | +€1,333 | +50.0% |
| Profit (loss) for the period | 9904 | €10,332 | €12,666 | +€2,334 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,332 | €12,666 | +€2,334 | +22.6% |
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 17 October 2026 via checked.be.