BLUE MANSION: 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 MANSION
Largest movements
- Current investments +€1.2m
new in 2025: €1.2m
- Receivables within one year -€624,125
no longer reported in 2025 (was €624,125)
- Financial fixed assets -€312,000
no longer reported in 2025 (was €312,000)
- Cash +€122,344
up €122,344 (+46.2%), from €264,945 to €387,288
mainly Receivables within one year (+€624,125) and Investment in fixed assets (net) (+€284,773)
- Tangible fixed assets +€19,819
new in 2025: €19,819
of which Furniture and vehicles: +€18,919
- Reserves +€272,295
up €272,295 (+34.7%), from €785,357 to €1.1m
- Tax, wage and social debts +€118,623
up €118,623 (+30.2%), from €392,434 to €511,056
- Gross operating margin -€744,805
down €744,805 (-64.8%), from €1.1m to €404,916
- Taxes -€237,549
down €237,549 (-65.8%), from €360,923 to €123,374
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 | €1,201,620 | €1,592,108 | +€390,488 | +32.5% |
| Formation expenses | 20 | €550 | - | -€550 | |
| Fixed assets | 21/28 | €312,000 | €19,819 | -€292,181 | -93.6% |
| Tangible fixed assets | 22/27 | - | €19,819 | +€19,819 | |
| Plant, machinery and equipment | 23 | - | €901 | +€901 | |
| Furniture and vehicles | 24 | - | €18,919 | +€18,919 | |
| Financial fixed assets | 28 | €312,000 | - | -€312,000 | |
| Current assets | 29/58 | €889,070 | €1,572,288 | +€683,218 | +76.8% |
| Amounts receivable within one year | 40/41 | €624,125 | - | -€624,125 | |
| Trade receivables | 40 | €624,125 | - | -€624,125 | |
| Current investments | 50/53 | - | €1,185,000 | +€1.2m | |
| Cash at bank and in hand | 54/58 | €264,945 | €387,288 | +€122,344 | +46.2% |
| Total equity and liabilities | 10/49 | €1,201,620 | €1,592,108 | +€390,488 | +32.5% |
| Equity | 10/15 | €790,357 | €1,062,653 | +€272,295 | +34.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €785,357 | €1,057,653 | +€272,295 | +34.7% |
| Distributable reserves | 133 | €785,357 | €1,057,653 | +€272,295 | +34.7% |
| Amounts payable | 17/49 | €411,263 | €529,455 | +€118,192 | +28.7% |
| Amounts payable within one year | 42/48 | €411,263 | €529,455 | +€118,192 | +28.7% |
| Trade debts | 44 | €3,786 | €1,619 | -€2,168 | -57.3% |
| Suppliers | 440/4 | €3,786 | €1,619 | -€2,168 | -57.3% |
| Taxes, remuneration and social security | 45 | €392,434 | €511,056 | +€118,623 | +30.2% |
| Taxes | 450/3 | €392,434 | €511,056 | +€118,623 | +30.2% |
| Other amounts payable | 47/48 | €15,043 | €16,780 | +€1,737 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,750 | €7,957 | +€5,207 | +189% |
| Other operating charges | 640/8 | €387 | €1,024 | +€636 | +164% |
| Gross operating margin | 9900 | €1,149,721 | €404,916 | -€744,805 | -64.8% |
| Operating profit (loss) | 9901 | €1,146,584 | €395,935 | -€750,649 | -65.5% |
| Financial charges | 65/66B | €303 | €265 | -€38 | -12.5% |
| Recurring financial charges | 65 | €303 | €265 | -€38 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €1,146,280 | €395,669 | -€750,611 | -65.5% |
| Income taxes | 67/77 | €360,923 | €123,374 | -€237,549 | -65.8% |
| Profit (loss) for the period | 9904 | €785,357 | €272,295 | -€513,062 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €785,357 | €272,295 | -€513,062 | -65.3% |
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.