BLUE RADIANT: 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 RADIANT
Largest movements
- Receivables within one year +€20,582
up €20,582 (+17.7%), from €116,043 to €136,625
of which Other amounts receivable: +€26,632
- Tangible fixed assets +€3,259
new in 2025: €3,259
- Reserves +€37,388
new in 2025: €37,388
- Other debts -€22,000
no longer reported in 2025 (was €22,000)
- Profit (loss) carried forward +€6,559
up €6,559, from -€6,559 to €0
- Tax, wage and social debts +€1,970
up €1,970 (+274%), from €720 to €2,690
- Gross operating margin +€86,784
up €86,784 (+8,575%), from €1,012 to €87,796
- Financial charges +€30,588
up €30,588 (+409%), from €7,471 to €38,060
of which Financial charges: +€37,251
- Taxes +€12,463
new in 2025: €12,463
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 | €116,161 | €140,516 | +€24,355 | +21.0% |
| Fixed assets | 21/28 | - | €3,259 | +€3,259 | |
| Tangible fixed assets | 22/27 | - | €3,259 | +€3,259 | |
| Plant, machinery and equipment | 23 | - | €3,259 | +€3,259 | |
| Current assets | 29/58 | €116,161 | €137,257 | +€21,096 | +18.2% |
| Amounts receivable within one year | 40/41 | €116,043 | €136,625 | +€20,582 | +17.7% |
| Trade receivables | 40 | €6,050 | - | -€6,050 | |
| Other amounts receivable | 41 | €109,993 | €136,625 | +€26,632 | +24.2% |
| Cash at bank and in hand | 54/58 | €118 | €632 | +€514 | +436% |
| Total equity and liabilities | 10/49 | €116,161 | €140,516 | +€24,355 | +21.0% |
| Equity | 10/15 | €93,441 | €137,388 | +€43,948 | +47.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €37,388 | +€37,388 | |
| Distributable reserves | 133 | - | €37,388 | +€37,388 | |
| Profit (loss) carried forward | 14 | -€6,559 | €0 | +€6,559 | |
| Amounts payable | 17/49 | €22,720 | €3,128 | -€19,592 | -86.2% |
| Amounts payable within one year | 42/48 | €22,720 | €3,128 | -€19,592 | -86.2% |
| Trade debts | 44 | - | €438 | +€438 | |
| Suppliers | 440/4 | - | €438 | +€438 | |
| Taxes, remuneration and social security | 45 | €720 | €2,690 | +€1,970 | +274% |
| Taxes | 450/3 | €720 | €2,690 | +€1,970 | +274% |
| Other amounts payable | 47/48 | €22,000 | - | -€22,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €357 | +€357 | |
| Other operating charges | 640/8 | €100 | €244 | +€144 | +144% |
| Gross operating margin | 9900 | €1,012 | €87,796 | +€86,784 | +8,575% |
| Operating profit (loss) | 9901 | €912 | €87,196 | +€86,284 | +9,461% |
| Financial income | 75/76B | - | €715 | +€715 | |
| Recurring financial income | 75 | - | €715 | +€715 | |
| Financial charges | 65/66B | €7,471 | €38,060 | +€30,588 | +409% |
| Recurring financial charges | 65 | €809 | €38,060 | +€37,251 | +4,607% |
| Non-recurring financial charges | 66B | €6,663 | - | -€6,663 | |
| Profit (loss) for the period before taxes | 9903 | -€6,559 | €49,851 | +€56,410 | |
| Income taxes | 67/77 | - | €12,463 | +€12,463 | |
| Profit (loss) for the period | 9904 | -€6,559 | €37,388 | +€43,948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,559 | €37,388 | +€43,948 |
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 16 October 2026 via checked.be.