BLUE ROCK THRUSH: 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 ROCK THRUSH
Largest movements
- Tangible fixed assets -€36,220
down €36,220 (-69.2%), from €52,375 to €16,155
of which Leasing and similar rights: -€31,938
- Receivables within one year +€34,660
up €34,660 (+8,328%), from €416 to €35,076
of which Trade receivables: +€20,517
- Current investments +€30,000
up €30,000 (+19.9%), from €150,733 to €180,733
- Cash -€17,694
down €17,694 (-18.1%), from €97,530 to €79,836
mainly Receivables within one year (-€34,660) and Current investments (-€30,000)
- Reserves +€28,715
up €28,715 (+12.5%), from €229,951 to €258,666
of which Distributable reserves: +€28,715
- Current portion of long-term debt -€17,387
down €17,387 (-88.2%), from €19,723 to €2,336
- Gross operating margin -€47,773
down €47,773 (-28.1%), from €170,046 to €122,273
- Taxes -€18,307
down €18,307 (-48.1%), from €38,037 to €19,730
- Staff costs +€9,843
up €9,843 (+39.9%), from €24,655 to €34,498
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 | €305,776 | €316,048 | +€10,272 | +3.4% |
| Fixed assets | 21/28 | €52,500 | €16,280 | -€36,220 | -69.0% |
| Tangible fixed assets | 22/27 | €52,375 | €16,155 | -€36,220 | -69.2% |
| Plant, machinery and equipment | 23 | €2,684 | €2,473 | -€211 | -7.9% |
| Furniture and vehicles | 24 | €12,372 | €8,301 | -€4,071 | -32.9% |
| Leasing and similar rights | 25 | €37,319 | €5,381 | -€31,938 | -85.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €253,276 | €299,767 | +€46,491 | +18.4% |
| Amounts receivable within one year | 40/41 | €416 | €35,076 | +€34,660 | +8,328% |
| Trade receivables | 40 | €416 | €20,933 | +€20,517 | +4,930% |
| Other amounts receivable | 41 | - | €14,143 | +€14,143 | |
| Current investments | 50/53 | €150,733 | €180,733 | +€30,000 | +19.9% |
| Cash at bank and in hand | 54/58 | €97,530 | €79,836 | -€17,694 | -18.1% |
| Deferred charges and accrued income | 490/1 | €4,597 | €4,123 | -€474 | -10.3% |
| Total equity and liabilities | 10/49 | €305,776 | €316,048 | +€10,272 | +3.4% |
| Equity | 10/15 | €254,352 | €283,067 | +€28,715 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229,951 | €258,666 | +€28,715 | +12.5% |
| Tax-exempt reserves | 132 | €52,625 | €52,625 | = | 0.0% |
| Distributable reserves | 133 | €177,326 | €206,041 | +€28,715 | +16.2% |
| Profit (loss) carried forward | 14 | €5,801 | €5,801 | = | 0.0% |
| Amounts payable | 17/49 | €51,424 | €32,981 | -€18,443 | -35.9% |
| Amounts payable after more than one year | 17 | €2,339 | - | -€2,339 | |
| Financial debts | 170/4 | €2,339 | - | -€2,339 | |
| Amounts payable within one year | 42/48 | €49,085 | €32,981 | -€16,105 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €19,723 | €2,336 | -€17,387 | -88.2% |
| Trade debts | 44 | €6,051 | €3,160 | -€2,892 | -47.8% |
| Suppliers | 440/4 | €6,051 | €3,160 | -€2,892 | -47.8% |
| Taxes, remuneration and social security | 45 | €18,096 | €19,134 | +€1,038 | +5.7% |
| Taxes | 450/3 | €16,555 | €15,710 | -€845 | -5.1% |
| Remuneration and social security | 454/9 | €1,541 | €3,424 | +€1,883 | +122% |
| Other amounts payable | 47/48 | €5,215 | €8,351 | +€3,135 | +60.1% |
| Remuneration, social security and pensions | 62 | €24,655 | €34,498 | +€9,843 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,730 | €30,037 | -€693 | -2.3% |
| Other operating charges | 640/8 | €9,057 | €10,385 | +€1,327 | +14.7% |
| Gross operating margin | 9900 | €170,046 | €122,273 | -€47,773 | -28.1% |
| Operating profit (loss) | 9901 | €105,604 | €47,353 | -€58,251 | -55.2% |
| Financial income | 75/76B | €665 | €1,916 | +€1,252 | +188% |
| Recurring financial income | 75 | €665 | €1,916 | +€1,252 | +188% |
| Financial charges | 65/66B | €1,757 | €824 | -€934 | -53.1% |
| Recurring financial charges | 65 | €1,757 | €824 | -€934 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €104,511 | €48,446 | -€56,066 | -53.6% |
| Income taxes | 67/77 | €38,037 | €19,730 | -€18,307 | -48.1% |
| Profit (loss) for the period | 9904 | €66,474 | €28,715 | -€37,759 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,474 | €28,715 | -€37,759 | -56.8% |
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 21 October 2026 via checked.be.