BLUE RIDE: what changed
Two fiscal 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 RIDE
Largest movements
- Cash +€28,352
up €28,352 (+1234.1%), from €2,297 to €30,649
mainly Net result for the year (+€15,716) and Trade debts (+€13,901)
- Tangible fixed assets -€2,084
down €2,084 (-5.6%), from €37,174 to €35,090
- Deferred charges and accrued income +€1,003
up €1,003 (+155.6%), from €645 to €1,648
- Receivables within one year +€973
up €973 (+18.7%), from €5,192 to €6,165
of which Trade receivables: +€5,941
- Reserves +€14,050
up €14,050 (+53.1%), from €26,454 to €40,503
- Trade debts +€13,901
up €13,901 (+2985.5%), from €466 to €14,367
- Other debts -€4,611
down €4,611 (-61.5%), from €7,500 to €2,889
- Accrued charges and deferred income +€2,271
new in 2024: €2,271
- Current portion of long-term debt +€1,448
new in 2024: €1,448
- Staff costs +€34,371
new in 2024: €34,371
- Gross operating margin +€32,652
up €32,652 (+70.9%), from €46,059 to €78,712
- Other operating charges +€5,669
up €5,669 (+205.1%), from €2,765 to €8,434
- Depreciation -€4,932
down €4,932 (-58.1%), from €8,490 to €3,558
- Taxes -€3,666
down €3,666 (-48.9%), from €7,499 to €3,833
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,309 | €73,552 | +€28,244 | +62.3% |
| Fixed assets | 21/28 | €37,174 | €35,090 | -€2,084 | -5.6% |
| Tangible fixed assets | 22/27 | €37,174 | €35,090 | -€2,084 | -5.6% |
| Furniture and vehicles | 24 | €37,174 | €35,090 | -€2,084 | -5.6% |
| Current assets | 29/58 | €8,135 | €38,463 | +€30,328 | +372.8% |
| Amounts receivable within one year | 40/41 | €5,192 | €6,165 | +€973 | +18.7% |
| Trade receivables | 40 | €224 | €6,165 | +€5,941 | +2653.6% |
| Other amounts receivable | 41 | €4,969 | - | -€4,969 | |
| Cash at bank and in hand | 54/58 | €2,297 | €30,649 | +€28,352 | +1234.1% |
| Deferred charges and accrued income | 490/1 | €645 | €1,648 | +€1,003 | +155.6% |
| Total equity and liabilities | 10/49 | €45,309 | €73,552 | +€28,244 | +62.3% |
| Equity | 10/15 | €28,954 | €43,003 | +€14,050 | +48.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €26,454 | €40,503 | +€14,050 | +53.1% |
| Distributable reserves | 133 | €26,454 | €40,503 | +€14,050 | +53.1% |
| Amounts payable | 17/49 | €16,355 | €30,549 | +€14,194 | +86.8% |
| Amounts payable within one year | 42/48 | €16,355 | €28,278 | +€11,923 | +72.9% |
| Current portion of amounts payable after more than one year | 42 | - | €1,448 | +€1,448 | |
| Trade debts | 44 | €466 | €14,367 | +€13,901 | +2985.5% |
| Suppliers | 440/4 | €466 | €14,367 | +€13,901 | +2985.5% |
| Taxes, remuneration and social security | 45 | €8,389 | €9,574 | +€1,185 | +14.1% |
| Taxes | 450/3 | €8,389 | €8,105 | -€285 | -3.4% |
| Remuneration and social security | 454/9 | - | €1,469 | +€1,469 | |
| Other amounts payable | 47/48 | €7,500 | €2,889 | -€4,611 | -61.5% |
| Accrued charges and deferred income | 492/3 | - | €2,271 | +€2,271 | |
| Remuneration, social security and pensions | 62 | - | €34,371 | +€34,371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,490 | €3,558 | -€4,932 | -58.1% |
| Other operating charges | 640/8 | €2,765 | €8,434 | +€5,669 | +205.1% |
| Non-recurring operating charges | 66A | - | €12,670 | +€12,670 | |
| Gross operating margin | 9900 | €46,059 | €78,712 | +€32,652 | +70.9% |
| Operating profit (loss) | 9901 | €34,804 | €19,679 | -€15,125 | -43.5% |
| Financial charges | 65/66B | €52 | €131 | +€79 | +151.5% |
| Recurring financial charges | 65 | €52 | €131 | +€79 | +151.5% |
| Profit (loss) for the period before taxes | 9903 | €34,752 | €19,549 | -€15,204 | -43.7% |
| Income taxes | 67/77 | €7,499 | €3,833 | -€3,666 | -48.9% |
| Profit (loss) for the period | 9904 | €27,254 | €15,716 | -€11,538 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,254 | €15,716 | -€11,538 | -42.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.