BLUE ISLAND: 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 ISLAND
Largest movements
- Receivables within one year -€73,762
down €73,762 (-98.3%), from €75,001 to €1,239
of which Trade receivables: -€67,827
- Tangible fixed assets -€23,500
no longer reported in 2025 (was €23,500)
- Deferred charges and accrued income -€6,304
no longer reported in 2025 (was €6,304)
- Stocks and contracts -€6,074
no longer reported in 2025 (was €6,074)
- Cash -€5,786
no longer reported in 2025 (was €5,786)
mainly Short-term financial debts (-€131,168) and Trade debts (-€11,922)
- Short-term financial debts -€131,168
no longer reported in 2025 (was €131,168)
- Profit (loss) carried forward +€24,905
up €24,905 (+51.6%), from -€48,305 to -€23,400
- Trade debts -€11,922
no longer reported in 2025 (was €11,922)
- Other debts +€2,639
new in 2025: €2,639
- Write-downs -€26,720
new in 2025: -€26,720
- Gross operating margin +€12,514
up €12,514 (+95.6%), from €13,094 to €25,608
- Depreciation -€4,500
no longer reported in 2025 (was €4,500)
- Other operating charges -€3,965
no longer reported in 2025 (was €3,965)
- Financial charges +€475
up €475 (+3.6%), from €13,020 to €13,495
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 | €116,785 | €1,239 | -€115,546 | -98.9% |
| Fixed assets | 21/28 | €23,620 | - | -€23,620 | |
| Tangible fixed assets | 22/27 | €23,500 | - | -€23,500 | |
| Land and buildings | 22 | €23,500 | - | -€23,500 | |
| Financial fixed assets | 28 | €120 | - | -€120 | |
| Current assets | 29/58 | €93,165 | €1,239 | -€91,926 | -98.7% |
| Stocks and contracts in progress | 3 | €6,074 | - | -€6,074 | |
| Stocks | 30/36 | €6,074 | - | -€6,074 | |
| Amounts receivable within one year | 40/41 | €75,001 | €1,239 | -€73,762 | -98.3% |
| Trade receivables | 40 | €69,066 | €1,239 | -€67,827 | -98.2% |
| Other amounts receivable | 41 | €5,935 | - | -€5,935 | |
| Cash at bank and in hand | 54/58 | €5,786 | - | -€5,786 | |
| Deferred charges and accrued income | 490/1 | €6,304 | - | -€6,304 | |
| Total equity and liabilities | 10/49 | €116,785 | €1,239 | -€115,546 | -98.9% |
| Equity | 10/15 | -€26,305 | -€1,400 | +€24,905 | +94.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,305 | -€23,400 | +€24,905 | +51.6% |
| Amounts payable | 17/49 | €143,090 | €2,639 | -€140,451 | -98.2% |
| Amounts payable within one year | 42/48 | €143,090 | €2,639 | -€140,451 | -98.2% |
| Financial debts | 43 | €131,168 | - | -€131,168 | |
| Credit institutions | 430/8 | €131,168 | - | -€131,168 | |
| Trade debts | 44 | €11,922 | - | -€11,922 | |
| Suppliers | 440/4 | €11,922 | - | -€11,922 | |
| Other amounts payable | 47/48 | - | €2,639 | +€2,639 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,500 | - | -€4,500 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€26,720 | -€26,720 | |
| Other operating charges | 640/8 | €3,965 | - | -€3,965 | |
| Non-recurring operating charges | 66A | - | €13,929 | +€13,929 | |
| Gross operating margin | 9900 | €13,094 | €25,608 | +€12,514 | +95.6% |
| Operating profit (loss) | 9901 | €4,629 | €38,399 | +€33,770 | +730% |
| Financial income | 75/76B | €407 | €1 | -€406 | -99.8% |
| Recurring financial income | 75 | €407 | €1 | -€406 | -99.8% |
| Financial charges | 65/66B | €13,020 | €13,495 | +€475 | +3.6% |
| Recurring financial charges | 65 | €13,020 | €13,495 | +€475 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,984 | €24,905 | +€32,889 | |
| Profit (loss) for the period | 9904 | -€7,984 | €24,905 | +€32,889 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,984 | €24,905 | +€32,889 |
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 27 October 2026 via checked.be.