Blue Made: 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 Made
Largest movements
- Receivables within one year +€5,137
new in 2025: €5,137
- Tangible fixed assets +€1,282
new in 2025: €1,282
- Cash -€1,220
down €1,220 (-16.2%), from €7,510 to €6,290
mainly Receivables within one year (-€5,137) and Investment in fixed assets (net) (-€1,594)
- Intangible fixed assets -€140
down €140 (-100%), from €140 to €0
- Profit (loss) carried forward +€4,042
up €4,042 (+154%), from €2,626 to €6,668
- Tax, wage and social debts +€1,011
new in 2025: €1,011
- Gross operating margin +€1,930
up €1,930 (+52.8%), from €3,653 to €5,583
- Taxes +€1,011
new in 2025: €1,011
- Depreciation -€575
down €575 (-56.0%), from €1,027 to €452
- Financial charges +€78
new in 2025: €78
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 | €7,651 | €12,709 | +€5,058 | +66.1% |
| Fixed assets | 21/28 | €140 | €1,282 | +€1,142 | +813% |
| Intangible fixed assets | 21 | €140 | €0 | -€140 | -100% |
| Tangible fixed assets | 22/27 | - | €1,282 | +€1,282 | |
| Plant, machinery and equipment | 23 | - | €1,282 | +€1,282 | |
| Current assets | 29/58 | €7,510 | €11,427 | +€3,916 | +52.1% |
| Amounts receivable within one year | 40/41 | - | €5,137 | +€5,137 | |
| Trade receivables | 40 | - | €5,137 | +€5,137 | |
| Cash at bank and in hand | 54/58 | €7,510 | €6,290 | -€1,220 | -16.2% |
| Total equity and liabilities | 10/49 | €7,651 | €12,709 | +€5,058 | +66.1% |
| Equity | 10/15 | €5,626 | €9,668 | +€4,042 | +71.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,626 | €6,668 | +€4,042 | +154% |
| Amounts payable | 17/49 | €2,025 | €3,041 | +€1,016 | +50.2% |
| Amounts payable within one year | 42/48 | €2,025 | €3,041 | +€1,016 | +50.2% |
| Trade debts | 44 | €539 | €545 | +€5 | +1.0% |
| Suppliers | 440/4 | €539 | €545 | +€5 | +1.0% |
| Taxes, remuneration and social security | 45 | - | €1,011 | +€1,011 | |
| Taxes | 450/3 | - | €1,011 | +€1,011 | |
| Other amounts payable | 47/48 | €1,486 | €1,486 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,027 | €452 | -€575 | -56.0% |
| Gross operating margin | 9900 | €3,653 | €5,583 | +€1,930 | +52.8% |
| Operating profit (loss) | 9901 | €2,626 | €5,131 | +€2,505 | +95.4% |
| Financial charges | 65/66B | - | €78 | +€78 | |
| Recurring financial charges | 65 | - | €78 | +€78 | |
| Profit (loss) for the period before taxes | 9903 | €2,626 | €5,053 | +€2,427 | +92.4% |
| Income taxes | 67/77 | - | €1,011 | +€1,011 | |
| Profit (loss) for the period | 9904 | €2,626 | €4,042 | +€1,416 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,626 | €4,042 | +€1,416 | +53.9% |
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 25 October 2026 via checked.be.