Blue Gecko: what changed
Two fiscal 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 Gecko
Largest movements
- Cash -€13,239
down €13,239 (-21.5%), from €61,488 to €48,249
mainly Net result for the year (-€14,902) and Other debts (-€7,808)
- Receivables within one year -€11,311
down €11,311 (-71.1%), from €15,916 to €4,605
of which Trade receivables: -€12,242
- Profit (loss) carried forward -€14,902
new in 2025: -€14,902
- Other debts -€7,808
no longer reported in 2025 (was €7,808)
- Trade debts -€1,411
down €1,411 (-60.2%), from €2,343 to €932
- Tax, wage and social debts -€919
no longer reported in 2025 (was €919)
- Gross operating margin -€16,737
down €16,737, from €2,973 to -€13,764
- Taxes +€544
no longer reported in 2025 (was -€544)
- Financial income -€166
down €166 (-45.2%), from €367 to €201
- Financial charges +€158
up €158 (+188.1%), from €84 to €242
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 | €78,392 | €53,352 | -€25,040 | -31.9% |
| Fixed assets | 21/28 | €988 | €498 | -€490 | -49.6% |
| Tangible fixed assets | 22/27 | €988 | €498 | -€490 | -49.6% |
| Plant, machinery and equipment | 23 | €988 | €498 | -€490 | -49.6% |
| Current assets | 29/58 | €77,404 | €52,854 | -€24,550 | -31.7% |
| Amounts receivable within one year | 40/41 | €15,916 | €4,605 | -€11,311 | -71.1% |
| Trade receivables | 40 | €14,742 | €2,500 | -€12,242 | -83.0% |
| Other amounts receivable | 41 | €1,174 | €2,105 | +€931 | +79.3% |
| Cash at bank and in hand | 54/58 | €61,488 | €48,249 | -€13,239 | -21.5% |
| Total equity and liabilities | 10/49 | €78,392 | €53,352 | -€25,040 | -31.9% |
| Equity | 10/15 | €67,322 | €52,420 | -€14,902 | -22.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €66,322 | €66,322 | = | 0.0% |
| Distributable reserves | 133 | €66,322 | €66,322 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,902 | -€14,902 | |
| Amounts payable | 17/49 | €11,070 | €932 | -€10,138 | -91.6% |
| Amounts payable within one year | 42/48 | €11,070 | €932 | -€10,138 | -91.6% |
| Trade debts | 44 | €2,343 | €932 | -€1,411 | -60.2% |
| Suppliers | 440/4 | €2,343 | €932 | -€1,411 | -60.2% |
| Taxes, remuneration and social security | 45 | €919 | - | -€919 | |
| Remuneration and social security | 454/9 | €919 | - | -€919 | |
| Other amounts payable | 47/48 | €7,808 | - | -€7,808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €489 | €490 | +€1 | +0.2% |
| Other operating charges | 640/8 | €505 | €607 | +€102 | +20.2% |
| Gross operating margin | 9900 | €2,973 | -€13,764 | -€16,737 | |
| Operating profit (loss) | 9901 | €1,979 | -€14,861 | -€16,840 | |
| Financial income | 75/76B | €367 | €201 | -€166 | -45.2% |
| Recurring financial income | 75 | €367 | €201 | -€166 | -45.2% |
| Financial charges | 65/66B | €84 | €242 | +€158 | +188.1% |
| Recurring financial charges | 65 | €84 | €242 | +€158 | +188.1% |
| Profit (loss) for the period before taxes | 9903 | €2,262 | -€14,902 | -€17,164 | |
| Income taxes | 67/77 | -€544 | - | +€544 | |
| Profit (loss) for the period | 9904 | €2,806 | -€14,902 | -€17,708 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,806 | -€14,902 | -€17,708 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.