Blue Finch: 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 Finch
Largest movements
- Cash +€15,812
up €15,812 (+80.2%), from €19,719 to €35,531
mainly Receivables within one year (+€6,744) and Depreciation (+€5,382)
- Receivables within one year -€6,744
down €6,744 (-27.2%), from €24,771 to €18,028
of which Trade receivables: -€6,264
- Current investments -€5,000
down €5,000 (-3.8%), from €130,499 to €125,499
- Tangible fixed assets +€2,472
up €2,472 (+33.1%), from €7,469 to €9,941
of which Plant, machinery and equipment: +€1,646
- Tax, wage and social debts +€2,780
up €2,780 (+50.6%), from €5,492 to €8,272
- Other debts +€2,391
up €2,391 (+43.1%), from €5,553 to €7,944
- Gross operating margin +€10,967
up €10,967, from -€2,924 to €8,043
- Financial income -€1,379
down €1,379 (-58.0%), from €2,376 to €997
- Taxes +€1,178
up €1,178 (+505%), from €233 to €1,411
- Depreciation +€714
up €714 (+15.3%), from €4,668 to €5,382
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 | €225,647 | €232,063 | +€6,415 | +2.8% |
| Fixed assets | 21/28 | €49,131 | €51,604 | +€2,472 | +5.0% |
| Tangible fixed assets | 22/27 | €7,469 | €9,941 | +€2,472 | +33.1% |
| Plant, machinery and equipment | 23 | €1,052 | €2,698 | +€1,646 | +156% |
| Furniture and vehicles | 24 | €6,416 | €6,329 | -€87 | -1.4% |
| Assets under construction and advance payments | 27 | - | €914 | +€914 | |
| Financial fixed assets | 28 | €41,663 | €41,663 | = | 0.0% |
| Current assets | 29/58 | €176,516 | €180,459 | +€3,943 | +2.2% |
| Amounts receivable within one year | 40/41 | €24,771 | €18,028 | -€6,744 | -27.2% |
| Trade receivables | 40 | €24,292 | €18,028 | -€6,264 | -25.8% |
| Other amounts receivable | 41 | €479 | - | -€479 | |
| Current investments | 50/53 | €130,499 | €125,499 | -€5,000 | -3.8% |
| Cash at bank and in hand | 54/58 | €19,719 | €35,531 | +€15,812 | +80.2% |
| Deferred charges and accrued income | 490/1 | €1,527 | €1,402 | -€126 | -8.2% |
| Total equity and liabilities | 10/49 | €225,647 | €232,063 | +€6,415 | +2.8% |
| Equity | 10/15 | €213,965 | €215,272 | +€1,307 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €214,127 | €215,157 | +€1,029 | +0.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €212,267 | €213,297 | +€1,029 | +0.5% |
| Profit (loss) carried forward | 14 | -€6,362 | -€6,085 | +€277 | +4.4% |
| Amounts payable | 17/49 | €11,682 | €16,791 | +€5,109 | +43.7% |
| Amounts payable within one year | 42/48 | €11,682 | €16,791 | +€5,109 | +43.7% |
| Trade debts | 44 | €637 | €575 | -€62 | -9.7% |
| Suppliers | 440/4 | €637 | €575 | -€62 | -9.7% |
| Taxes, remuneration and social security | 45 | €5,492 | €8,272 | +€2,780 | +50.6% |
| Taxes | 450/3 | €5,492 | €8,272 | +€2,780 | +50.6% |
| Other amounts payable | 47/48 | €5,553 | €7,944 | +€2,391 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,668 | €5,382 | +€714 | +15.3% |
| Other operating charges | 640/8 | €859 | €886 | +€27 | +3.1% |
| Gross operating margin | 9900 | -€2,924 | €8,043 | +€10,967 | |
| Operating profit (loss) | 9901 | -€8,451 | €1,776 | +€10,227 | |
| Financial income | 75/76B | €2,376 | €997 | -€1,379 | -58.0% |
| Recurring financial income | 75 | €2,376 | €997 | -€1,379 | -58.0% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,129 | €2,717 | +€8,846 | |
| Income taxes | 67/77 | €233 | €1,411 | +€1,178 | +505% |
| Profit (loss) for the period | 9904 | -€6,362 | €1,307 | +€7,669 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,362 | €1,307 | +€7,669 |
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 31 October 2026 via checked.be.