Blue Rock Advisory: what changed
What changed
Blue Rock Advisory
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€178,331
2024 · €162,572+€15,759
Equity
€18,623
2024 · €20,592-€1,969
Cash
€132,163
2024 · €116,850+€15,313
Balance sheet total
€247,716
2024 · €245,032+€2,684
Largest movements
Assets
- Tangible fixed assets -€18,509
down €18,509 (-26.5%), from €69,948 to €51,439
of which Furniture and vehicles: -€14,011
- Cash +€15,313
up €15,313 (+13.1%), from €116,850 to €132,163
mainly Net result for the year (+€178,331) and Depreciation (+€18,509)
- Receivables within one year +€5,839
up €5,839 (+10.1%), from €57,622 to €63,461
of which Other amounts receivable: +€6,471
Equity and liabilities
- Other debts +€15,130
up €15,130 (+11.0%), from €138,125 to €153,255
- Debts after one year -€12,776
down €12,776 (-45.5%), from €28,065 to €15,289
Income statement
- Gross operating margin +€18,573
up €18,573 (+7.7%), from €241,194 to €259,767
- Depreciation +€7,839
up €7,839 (+73.5%), from €10,670 to €18,509
- Taxes +€4,401
up €4,401 (+8.2%), from €53,930 to €58,331
- Other operating charges +€2,948
up €2,948 (+190%), from €1,553 to €4,501
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€162,572
Gross operating margin
+€18,573
Depreciation
-€7,839
Other operating charges
-€2,948
Other operating items
+€11,453
Financial income
+€698
Financial charges
+€224
Taxes
-€4,401
Result 2025
€178,331
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€208,093
Investment
+€0
Financing
-€192,780
Cash 2024
€116,850
From operations (derived)
+€208,093
Net result for the year
+€178,331
Depreciation
+€18,509
Receivables within one year
-€5,839
Smaller working-capital items
-€67
Trade debts
+€457
Tax, wage and social debts
+€1,572
Other debts
+€15,130
Investment (derived)
+€0
Investment in fixed assets (net)
+€0
Financing
-€192,780
Debts after one year
-€12,776
Current portion of long-term debt
+€296
Contributions, distributions and other
-€180,300
Cash 2025
€132,163
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,032 | €247,716 | +€2,684 | +1.1% |
| Fixed assets | 21/28 | €69,948 | €51,439 | -€18,509 | -26.5% |
| Tangible fixed assets | 22/27 | €69,948 | €51,439 | -€18,509 | -26.5% |
| Plant, machinery and equipment | 23 | €8,406 | €3,908 | -€4,498 | -53.5% |
| Furniture and vehicles | 24 | €61,542 | €47,531 | -€14,011 | -22.8% |
| Current assets | 29/58 | €175,084 | €196,277 | +€21,193 | +12.1% |
| Amounts receivable within one year | 40/41 | €57,622 | €63,461 | +€5,839 | +10.1% |
| Trade receivables | 40 | €36,932 | €36,300 | -€632 | -1.7% |
| Other amounts receivable | 41 | €20,690 | €27,161 | +€6,471 | +31.3% |
| Cash at bank and in hand | 54/58 | €116,850 | €132,163 | +€15,313 | +13.1% |
| Deferred charges and accrued income | 490/1 | €612 | €652 | +€40 | +6.6% |
| Total equity and liabilities | 10/49 | €245,032 | €247,716 | +€2,684 | +1.1% |
| Equity | 10/15 | €20,592 | €18,623 | -€1,969 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €132 | €23 | -€109 | -82.7% |
| Amounts payable | 17/49 | €224,440 | €229,093 | +€4,653 | +2.1% |
| Amounts payable after more than one year | 17 | €28,065 | €15,289 | -€12,776 | -45.5% |
| Financial debts | 170/4 | €28,065 | €15,289 | -€12,776 | -45.5% |
| Amounts payable within one year | 42/48 | €196,290 | €213,745 | +€17,455 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €12,480 | €12,776 | +€296 | +2.4% |
| Trade debts | 44 | €147 | €604 | +€457 | +311% |
| Suppliers | 440/4 | €147 | €604 | +€457 | +311% |
| Taxes, remuneration and social security | 45 | €45,538 | €47,110 | +€1,572 | +3.5% |
| Taxes | 450/3 | €45,538 | €47,110 | +€1,572 | +3.5% |
| Other amounts payable | 47/48 | €138,125 | €153,255 | +€15,130 | +11.0% |
| Accrued charges and deferred income | 492/3 | €85 | €58 | -€27 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,670 | €18,509 | +€7,839 | +73.5% |
| Other operating charges | 640/8 | €1,553 | €4,501 | +€2,948 | +190% |
| Non-recurring operating charges | 66A | €11,453 | - | -€11,453 | |
| Gross operating margin | 9900 | €241,194 | €259,767 | +€18,573 | +7.7% |
| Operating profit (loss) | 9901 | €217,518 | €236,757 | +€19,239 | +8.8% |
| Financial income | 75/76B | €327 | €1,025 | +€698 | +213% |
| Recurring financial income | 75 | €327 | €1,025 | +€698 | +213% |
| Financial charges | 65/66B | €1,343 | €1,119 | -€224 | -16.7% |
| Recurring financial charges | 65 | €1,343 | €1,119 | -€224 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €216,502 | €236,663 | +€20,161 | +9.3% |
| Income taxes | 67/77 | €53,930 | €58,331 | +€4,401 | +8.2% |
| Profit (loss) for the period | 9904 | €162,572 | €178,331 | +€15,759 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €162,572 | €178,331 | +€15,759 | +9.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.