BLUE FISH HR: 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 FISH HR
Largest movements
- Cash -€6,341
down €6,341 (-33.5%), from €18,948 to €12,607
mainly Trade debts (-€7,388) and Net result for the year (-€6,643)
- Tangible fixed assets -€4,544
down €4,544 (-15.8%), from €28,689 to €24,144
of which Plant, machinery and equipment: -€4,200
- Receivables within one year +€2,787
up €2,787 (+58.7%), from €4,751 to €7,538
of which Trade receivables: +€1,576
- Stocks and contracts +€1,383
up €1,383 (+23.5%), from €5,892 to €7,275
- Trade debts -€7,388
down €7,388 (-52.6%), from €14,058 to €6,670
- Profit (loss) carried forward -€6,643
down €6,643 (-39.2%), from -€16,968 to -€23,612
- Tax, wage and social debts +€4,315
up €4,315 (+29.0%), from €14,890 to €19,205
- Other debts +€3,000
up €3,000 (+8.3%), from €36,300 to €39,300
- Gross operating margin +€11,480
up €11,480 (+51.7%), from €22,195 to €33,674
- Staff costs +€1,667
up €1,667 (+5.9%), from €28,371 to €30,038
- Financial charges -€935
down €935 (-58.0%), from €1,613 to €678
- Depreciation +€700
up €700 (+9.5%), from €7,344 to €8,044
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 | €58,280 | €51,564 | -€6,716 | -11.5% |
| Fixed assets | 21/28 | €28,689 | €24,144 | -€4,544 | -15.8% |
| Tangible fixed assets | 22/27 | €28,689 | €24,144 | -€4,544 | -15.8% |
| Plant, machinery and equipment | 23 | €28,000 | €23,800 | -€4,200 | -15.0% |
| Furniture and vehicles | 24 | €689 | €344 | -€344 | -50.0% |
| Current assets | 29/58 | €29,591 | €27,420 | -€2,171 | -7.3% |
| Stocks and contracts in progress | 3 | €5,892 | €7,275 | +€1,383 | +23.5% |
| Stocks | 30/36 | €5,892 | €7,275 | +€1,383 | +23.5% |
| Amounts receivable within one year | 40/41 | €4,751 | €7,538 | +€2,787 | +58.7% |
| Trade receivables | 40 | €3,767 | €5,343 | +€1,576 | +41.8% |
| Other amounts receivable | 41 | €984 | €2,195 | +€1,210 | +123% |
| Cash at bank and in hand | 54/58 | €18,948 | €12,607 | -€6,341 | -33.5% |
| Total equity and liabilities | 10/49 | €58,280 | €51,564 | -€6,716 | -11.5% |
| Equity | 10/15 | -€6,968 | -€13,612 | -€6,643 | -95.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,968 | -€23,612 | -€6,643 | -39.2% |
| Amounts payable | 17/49 | €65,248 | €65,175 | -€73 | -0.1% |
| Amounts payable within one year | 42/48 | €65,248 | €65,175 | -€73 | -0.1% |
| Trade debts | 44 | €14,058 | €6,670 | -€7,388 | -52.6% |
| Suppliers | 440/4 | €14,058 | €6,670 | -€7,388 | -52.6% |
| Taxes, remuneration and social security | 45 | €14,890 | €19,205 | +€4,315 | +29.0% |
| Remuneration and social security | 454/9 | €14,890 | €19,205 | +€4,315 | +29.0% |
| Other amounts payable | 47/48 | €36,300 | €39,300 | +€3,000 | +8.3% |
| Remuneration, social security and pensions | 62 | €28,371 | €30,038 | +€1,667 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,344 | €8,044 | +€700 | +9.5% |
| Other operating charges | 640/8 | €1,946 | €1,659 | -€287 | -14.8% |
| Gross operating margin | 9900 | €22,195 | €33,674 | +€11,480 | +51.7% |
| Operating profit (loss) | 9901 | -€15,467 | -€6,067 | +€9,400 | +60.8% |
| Financial income | 75/76B | €112 | €102 | -€10 | -8.9% |
| Recurring financial income | 75 | €62 | €102 | +€40 | +65.1% |
| Non-recurring financial income | 76B | €50 | - | -€50 | |
| Financial charges | 65/66B | €1,613 | €678 | -€935 | -58.0% |
| Recurring financial charges | 65 | €1,613 | €678 | -€935 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,968 | -€6,643 | +€10,325 | +60.8% |
| Profit (loss) for the period | 9904 | -€16,968 | -€6,643 | +€10,325 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,968 | -€6,643 | +€10,325 | +60.8% |
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 28 October 2026 via checked.be.