BLUE-LAND: 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-LAND
Largest movements
- Receivables within one year -€2,872
down €2,872 (-21.9%), from €13,107 to €10,235
of which Other amounts receivable: -€2,872
- Current portion of long-term debt -€1,625
down €1,625 (-100%), from €1,625 to €0
- Short-term financial debts -€1,620
down €1,620 (-100%), from €1,620 to €0
- Trade debts -€1,487
down €1,487 (-94.5%), from €1,573 to €86
- Reserves +€1,461
up €1,461 (+2.8%), from €51,296 to €52,757
- Write-downs -€29,219
down €29,219 (-100%), from €29,219 to €0
- Gross operating margin -€8,643
down €8,643 (-75.4%), from €11,461 to €2,818
- Financial charges -€646
down €646 (-69.7%), from €926 to €280
- Other operating charges +€539
up €539 (+100%), from €539 to €1,077
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 | €98,114 | €95,285 | -€2,829 | -2.9% |
| Current assets | 29/58 | €98,114 | €95,285 | -€2,829 | -2.9% |
| Amounts receivable after more than one year | 29 | €85,000 | €85,000 | = | 0.0% |
| Other amounts receivable | 291 | €85,000 | €85,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,107 | €10,235 | -€2,872 | -21.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €13,107 | €10,235 | -€2,872 | -21.9% |
| Cash at bank and in hand | 54/58 | €6 | €49 | +€43 | +664% |
| Total equity and liabilities | 10/49 | €98,114 | €95,285 | -€2,829 | -2.9% |
| Equity | 10/15 | €93,296 | €94,757 | +€1,461 | +1.6% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Reserves | 13 | €51,296 | €52,757 | +€1,461 | +2.8% |
| Distributable reserves | 133 | €51,296 | €52,757 | +€1,461 | +2.8% |
| Amounts payable | 17/49 | €4,817 | €528 | -€4,290 | -89.0% |
| Amounts payable within one year | 42/48 | €4,817 | €528 | -€4,290 | -89.0% |
| Current portion of amounts payable after more than one year | 42 | €1,625 | €0 | -€1,625 | -100% |
| Financial debts | 43 | €1,620 | €0 | -€1,620 | -100% |
| Credit institutions | 430/8 | €1,620 | €0 | -€1,620 | -100% |
| Trade debts | 44 | €1,573 | €86 | -€1,487 | -94.5% |
| Suppliers | 440/4 | €1,573 | €86 | -€1,487 | -94.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €44 | +€44 | |
| Taxes | 450/3 | €0 | €44 | +€44 | |
| Other amounts payable | 47/48 | - | €397 | +€397 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,219 | €0 | -€29,219 | -100% |
| Other operating charges | 640/8 | €539 | €1,077 | +€539 | +100% |
| Gross operating margin | 9900 | €11,461 | €2,818 | -€8,643 | -75.4% |
| Operating profit (loss) | 9901 | -€18,297 | €1,741 | +€20,038 | |
| Financial charges | 65/66B | €926 | €280 | -€646 | -69.7% |
| Recurring financial charges | 65 | €926 | €280 | -€646 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,223 | €1,461 | +€20,683 | |
| Profit (loss) for the period | 9904 | -€19,223 | €1,461 | +€20,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,223 | €1,461 | +€20,683 |
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 18 October 2026 via checked.be.