Blue Oak: 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 Oak
Largest movements
- Receivables within one year -€18,556
down €18,556 (-53.7%), from €34,540 to €15,985
of which Trade receivables: -€14,343
- Tangible fixed assets -€8,909
down €8,909 (-40.8%), from €21,850 to €12,941
of which Furniture and vehicles: -€6,114
- Stocks and contracts +€3,663
up €3,663 (+27.3%), from €13,418 to €17,081
- Cash -€925
down €925 (-37.6%), from €2,461 to €1,536
mainly Net result for the year (-€22,383) and Stocks and contracts (-€3,663)
- Profit (loss) carried forward -€22,383
down €22,383 (-465%), from -€4,816 to -€27,199
- Tax, wage and social debts -€3,202
down €3,202 (-82.6%), from €3,878 to €676
- Advances received +€1,329
up €1,329 (+55.3%), from €2,404 to €3,733
- Trade debts -€917
down €917 (-50.5%), from €1,818 to €900
- Other operating charges +€20,447
up €20,447 (+1,327%), from €1,541 to €21,988
- Financial charges -€2,369
down €2,369 (-40.4%), from €5,859 to €3,490
- Depreciation -€1,786
down €1,786 (-29.8%), from €5,988 to €4,203
- Gross operating margin -€1,654
down €1,654 (-19.0%), from €8,709 to €7,055
- Taxes -€1,034
down €1,034 (-78.3%), from €1,321 to €287
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 | €73,289 | €48,116 | -€25,173 | -34.3% |
| Fixed assets | 21/28 | €21,850 | €12,941 | -€8,909 | -40.8% |
| Tangible fixed assets | 22/27 | €21,850 | €12,941 | -€8,909 | -40.8% |
| Plant, machinery and equipment | 23 | €12,398 | €9,603 | -€2,795 | -22.5% |
| Furniture and vehicles | 24 | €9,451 | €3,337 | -€6,114 | -64.7% |
| Current assets | 29/58 | €51,440 | €35,175 | -€16,264 | -31.6% |
| Stocks and contracts in progress | 3 | €13,418 | €17,081 | +€3,663 | +27.3% |
| Stocks | 30/36 | €13,418 | €17,081 | +€3,663 | +27.3% |
| Amounts receivable within one year | 40/41 | €34,540 | €15,985 | -€18,556 | -53.7% |
| Trade receivables | 40 | €14,942 | €599 | -€14,343 | -96.0% |
| Other amounts receivable | 41 | €19,599 | €15,386 | -€4,213 | -21.5% |
| Cash at bank and in hand | 54/58 | €2,461 | €1,536 | -€925 | -37.6% |
| Deferred charges and accrued income | 490/1 | €1,021 | €574 | -€447 | -43.8% |
| Total equity and liabilities | 10/49 | €73,289 | €48,116 | -€25,173 | -34.3% |
| Equity | 10/15 | €65,190 | €42,807 | -€22,383 | -34.3% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €67,606 | €67,606 | = | 0.0% |
| Distributable reserves | 133 | €67,606 | €67,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,816 | -€27,199 | -€22,383 | -465% |
| Amounts payable | 17/49 | €8,099 | €5,309 | -€2,791 | -34.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,099 | €5,309 | -€2,791 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,818 | €900 | -€917 | -50.5% |
| Suppliers | 440/4 | €1,818 | €900 | -€917 | -50.5% |
| Advances received on contracts in progress | 46 | €2,404 | €3,733 | +€1,329 | +55.3% |
| Taxes, remuneration and social security | 45 | €3,878 | €676 | -€3,202 | -82.6% |
| Taxes | 450/3 | €3,878 | €676 | -€3,202 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,988 | €4,203 | -€1,786 | -29.8% |
| Other operating charges | 640/8 | €1,541 | €21,988 | +€20,447 | +1,327% |
| Gross operating margin | 9900 | €8,709 | €7,055 | -€1,654 | -19.0% |
| Operating profit (loss) | 9901 | €1,179 | -€19,136 | -€20,316 | |
| Financial income | 75/76B | €1,184 | €530 | -€654 | -55.2% |
| Recurring financial income | 75 | €1,184 | €530 | -€654 | -55.2% |
| Financial charges | 65/66B | €5,859 | €3,490 | -€2,369 | -40.4% |
| Recurring financial charges | 65 | €5,859 | €3,490 | -€2,369 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,495 | -€22,095 | -€18,600 | -532% |
| Income taxes | 67/77 | €1,321 | €287 | -€1,034 | -78.3% |
| Profit (loss) for the period | 9904 | -€4,816 | -€22,383 | -€17,566 | -365% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,816 | -€22,383 | -€17,566 | -365% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.