BLUE LINE STORAGE: 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.
What changed
BLUE LINE STORAGE
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€515,346
2024 · -€810,283+€294,936
Equity
€11.7m
2024 · €12.2m-€515,346
Cash
€3
2024 · €601-€598
Balance sheet total
€57.8m
2024 · €60.3m-€2.6m
Largest movements
Assets
- Tangible fixed assets -€2.4m
down €2.4m (-4.1%), from €59.0m to €56.5m
Equity and liabilities
- Short-term financial debts -€2.4m
down €2.4m (-5.3%), from €45.8m to €43.4m
Income statement
- Financial charges -€710,845
down €710,845 (-27.0%), from €2.6m to €1.9m
- Financial income -€534,887
no longer reported in 2025 (was €534,887)
- Gross operating margin +€138,602
up €138,602 (+3.6%), from €3.8m to €4.0m
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.
Result 2024
-€810,283
Gross operating margin
+€138,602
Depreciation
-€15,519
Other operating charges
-€4,104
Financial income
-€534,887
Financial charges
+€710,845
Result 2025
-€515,346
raises the resultlowers the result
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.
From operations
+€2.3m
Investment
€0
Financing
-€2.3m
Cash 2024
€601
From operations (derived)
+€2.3m
Net result for the year
-€515,346
Depreciation
+€2.4m
Receivables within one year
+€51,921
Deferred charges and accrued income
+€102,106
Trade debts
+€9,036
Tax, wage and social debts
+€8,507
Accrued charges and deferred income
+€243,185
Financing
-€2.3m
Debts after one year
+€94,000
Short-term financial debts
-€2.4m
Cash 2025
€3
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,347,513 | €57,767,824 | -€2.6m | -4.3% |
| Fixed assets | 21/28 | €59,011,409 | €56,586,345 | -€2.4m | -4.1% |
| Tangible fixed assets | 22/27 | €58,964,815 | €56,539,751 | -€2.4m | -4.1% |
| Land and buildings | 22 | €58,964,815 | €56,539,751 | -€2.4m | -4.1% |
| Financial fixed assets | 28 | €46,593 | €46,593 | = | 0.0% |
| Current assets | 29/58 | €1,336,104 | €1,181,479 | -€154,625 | -11.6% |
| Amounts receivable within one year | 40/41 | €1,233,398 | €1,181,476 | -€51,921 | -4.2% |
| Trade receivables | 40 | €1,133,398 | €1,181,476 | +€48,079 | +4.2% |
| Other amounts receivable | 41 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €601 | €3 | -€598 | -99.6% |
| Deferred charges and accrued income | 490/1 | €102,106 | - | -€102,106 | |
| Total equity and liabilities | 10/49 | €60,347,513 | €57,767,824 | -€2.6m | -4.3% |
| Equity | 10/15 | €12,235,722 | €11,720,376 | -€515,346 | -4.2% |
| Contributions | 10/11 | €13,600,000 | €13,600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,364,278 | -€1,879,624 | -€515,346 | -37.8% |
| Amounts payable | 17/49 | €48,111,790 | €46,047,447 | -€2.1m | -4.3% |
| Amounts payable after more than one year | 17 | €1,113,157 | €1,207,157 | +€94,000 | +8.4% |
| Financial debts | 170/4 | €1,113,157 | €1,207,157 | +€94,000 | +8.4% |
| Amounts payable within one year | 42/48 | €46,046,781 | €43,645,254 | -€2.4m | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €66,000 | €66,000 | = | 0.0% |
| Financial debts | 43 | €45,782,827 | €43,363,756 | -€2.4m | -5.3% |
| Credit institutions | 430/8 | €45,782,827 | €43,363,756 | -€2.4m | -5.3% |
| Trade debts | 44 | €1,700 | €10,736 | +€9,036 | +532% |
| Suppliers | 440/4 | €1,700 | €10,736 | +€9,036 | +532% |
| Taxes, remuneration and social security | 45 | €196,255 | €204,762 | +€8,507 | +4.3% |
| Taxes | 450/3 | €196,255 | €204,762 | +€8,507 | +4.3% |
| Accrued charges and deferred income | 492/3 | €951,852 | €1,195,037 | +€243,185 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,409,545 | €2,425,064 | +€15,519 | +0.6% |
| Other operating charges | 640/8 | €130,792 | €134,897 | +€4,104 | +3.1% |
| Gross operating margin | 9900 | €3,825,092 | €3,963,694 | +€138,602 | +3.6% |
| Operating profit (loss) | 9901 | €1,284,755 | €1,403,734 | +€118,978 | +9.3% |
| Financial income | 75/76B | €534,887 | - | -€534,887 | |
| Recurring financial income | 75 | €534,887 | - | -€534,887 | |
| Financial charges | 65/66B | €2,629,925 | €1,919,080 | -€710,845 | -27.0% |
| Recurring financial charges | 65 | €2,629,925 | €1,919,080 | -€710,845 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | -€810,283 | -€515,346 | +€294,936 | +36.4% |
| Profit (loss) for the period | 9904 | -€810,283 | -€515,346 | +€294,936 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€810,283 | -€515,346 | +€294,936 | +36.4% |
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 30 October 2026 via checked.be.