BLUE EYE: 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 EYE
Largest movements
- Cash -€20,792
down €20,792 (-99.8%), from €20,827 to €35
mainly Net result for the year (-€13,018) and Other debts (-€9,269)
- Tangible fixed assets -€2,365
down €2,365 (-13.9%), from €17,006 to €14,641
- Receivables within one year -€694
down €694 (-48.6%), from €1,430 to €736
of which Trade receivables: -€1,176
- Profit (loss) carried forward -€13,018
down €13,018 (-66.8%), from -€19,488 to -€32,505
- Other debts -€9,269
down €9,269 (-64.7%), from €14,332 to €5,062
- Trade debts -€1,714
down €1,714 (-100.0%), from €1,714 to €0
- Gross operating margin +€5,619
up €5,619 (+53.9%), from -€10,422 to -€4,804
- Other operating charges +€2,106
up €2,106 (+95.0%), from €2,217 to €4,324
- Financial charges +€965
up €965 (+309.0%), from €312 to €1,278
- Financial income -€113
down €113 (-66.0%), from €172 to €59
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 | €39,361 | €15,412 | -€23,949 | -60.8% |
| Fixed assets | 21/28 | €17,006 | €14,641 | -€2,365 | -13.9% |
| Tangible fixed assets | 22/27 | €17,006 | €14,641 | -€2,365 | -13.9% |
| Other tangible fixed assets | 26 | €17,006 | €14,641 | -€2,365 | -13.9% |
| Current assets | 29/58 | €22,355 | €771 | -€21,584 | -96.6% |
| Amounts receivable within one year | 40/41 | €1,430 | €736 | -€694 | -48.6% |
| Trade receivables | 40 | €1,278 | €102 | -€1,176 | -92.0% |
| Other amounts receivable | 41 | €152 | €634 | +€481 | +315.8% |
| Cash at bank and in hand | 54/58 | €20,827 | €35 | -€20,792 | -99.8% |
| Deferred charges and accrued income | 490/1 | €98 | €0 | -€98 | -100.0% |
| Total equity and liabilities | 10/49 | €39,361 | €15,412 | -€23,949 | -60.8% |
| Equity | 10/15 | €22,786 | €9,769 | -€13,018 | -57.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,074 | €36,074 | = | 0.0% |
| Distributable reserves | 133 | €36,074 | €36,074 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,488 | -€32,505 | -€13,018 | -66.8% |
| Amounts payable | 17/49 | €16,575 | €5,643 | -€10,931 | -66.0% |
| Amounts payable within one year | 42/48 | €16,575 | €5,643 | -€10,931 | -66.0% |
| Trade debts | 44 | €1,714 | €0 | -€1,714 | -100.0% |
| Suppliers | 440/4 | €1,714 | €0 | -€1,714 | -100.0% |
| Taxes, remuneration and social security | 45 | €529 | €581 | +€52 | +9.8% |
| Taxes | 450/3 | €529 | €581 | +€52 | +9.8% |
| Other amounts payable | 47/48 | €14,332 | €5,062 | -€9,269 | -64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,365 | €2,365 | = | 0.0% |
| Other operating charges | 640/8 | €2,217 | €4,324 | +€2,106 | +95.0% |
| Gross operating margin | 9900 | -€10,422 | -€4,804 | +€5,619 | +53.9% |
| Operating profit (loss) | 9901 | -€15,004 | -€11,492 | +€3,512 | +23.4% |
| Financial income | 75/76B | €172 | €59 | -€113 | -66.0% |
| Recurring financial income | 75 | €172 | €59 | -€113 | -66.0% |
| Financial charges | 65/66B | €312 | €1,278 | +€965 | +309.0% |
| Recurring financial charges | 65 | €312 | €1,278 | +€965 | +309.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,145 | -€12,711 | +€2,434 | +16.1% |
| Income taxes | 67/77 | €294 | €306 | +€13 | +4.3% |
| Profit (loss) for the period | 9904 | -€15,439 | -€13,018 | +€2,421 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,439 | -€13,018 | +€2,421 | +15.7% |
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 9 October 2026 via checked.be.