Blue Orbit: 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 Orbit
Largest movements
- Cash +€59,069
up €59,069 (+289.4%), from €20,407 to €79,476
mainly Net result for the year (+€56,625) and Tax, wage and social debts (+€3,576)
- Tangible fixed assets -€2,107
down €2,107 (-17.5%), from €12,030 to €9,923
of which Furniture and vehicles: -€1,825
- Receivables within one year +€1,997
up €1,997 (+15.0%), from €13,310 to €15,307
- Profit (loss) carried forward +€56,625
up €56,625 (+160.3%), from €35,319 to €91,944
- Tax, wage and social debts +€3,576
up €3,576 (+102.0%), from €3,508 to €7,084
- Gross operating margin +€29,508
up €29,508 (+65.0%), from €45,418 to €74,927
- Taxes +€5,775
up €5,775 (+62.4%), from €9,249 to €15,024
- Depreciation +€2,185
up €2,185 (+262.8%), from €831 to €3,017
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.
Cash bridge derived
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 | €46,027 | €105,458 | +€59,431 | +129.1% |
| Fixed assets | 21/28 | €12,030 | €10,393 | -€1,636 | -13.6% |
| Tangible fixed assets | 22/27 | €12,030 | €9,923 | -€2,107 | -17.5% |
| Plant, machinery and equipment | 23 | €2,724 | €2,443 | -€282 | -10.3% |
| Furniture and vehicles | 24 | €9,305 | €7,480 | -€1,825 | -19.6% |
| Financial fixed assets | 28 | - | €471 | +€471 | |
| Current assets | 29/58 | €33,997 | €95,064 | +€61,067 | +179.6% |
| Amounts receivable within one year | 40/41 | €13,310 | €15,307 | +€1,997 | +15.0% |
| Trade receivables | 40 | €13,310 | €15,307 | +€1,997 | +15.0% |
| Cash at bank and in hand | 54/58 | €20,407 | €79,476 | +€59,069 | +289.4% |
| Deferred charges and accrued income | 490/1 | €280 | €282 | +€2 | +0.6% |
| Total equity and liabilities | 10/49 | €46,027 | €105,458 | +€59,431 | +129.1% |
| Equity | 10/15 | €38,319 | €94,944 | +€56,625 | +147.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,319 | €91,944 | +€56,625 | +160.3% |
| Amounts payable | 17/49 | €7,708 | €10,514 | +€2,806 | +36.4% |
| Amounts payable within one year | 42/48 | €7,708 | €10,514 | +€2,806 | +36.4% |
| Trade debts | 44 | €2,317 | €1,402 | -€915 | -39.5% |
| Suppliers | 440/4 | €2,317 | €1,402 | -€915 | -39.5% |
| Taxes, remuneration and social security | 45 | €3,508 | €7,084 | +€3,576 | +102.0% |
| Taxes | 450/3 | €3,508 | €7,084 | +€3,576 | +102.0% |
| Other amounts payable | 47/48 | €1,882 | €2,027 | +€145 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €3,017 | +€2,185 | +262.8% |
| Other operating charges | 640/8 | - | €220 | +€220 | |
| Gross operating margin | 9900 | €45,418 | €74,927 | +€29,508 | +65.0% |
| Operating profit (loss) | 9901 | €44,587 | €71,690 | +€27,103 | +60.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €19 | €41 | +€23 | +120.7% |
| Recurring financial charges | 65 | €19 | €41 | +€23 | +120.7% |
| Profit (loss) for the period before taxes | 9903 | €44,568 | €71,649 | +€27,081 | +60.8% |
| Income taxes | 67/77 | €9,249 | €15,024 | +€5,775 | +62.4% |
| Profit (loss) for the period | 9904 | €35,319 | €56,625 | +€21,305 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,319 | €56,625 | +€21,305 | +60.3% |
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 10 October 2026 via checked.be.