BLUE SERVICE: 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 SERVICE
Largest movements
- Receivables within one year +€14,231
up €14,231 (+69.1%), from €20,601 to €34,832
of which Trade receivables: +€11,210
- Tangible fixed assets -€6,890
down €6,890 (-31.8%), from €21,692 to €14,802
- Cash -€6,484
down €6,484 (-29.0%), from €22,378 to €15,894
mainly Receivables within one year (-€14,231) and Current portion of long-term debt (-€5,013)
- Trade debts +€8,901
up €8,901 (+219%), from €4,066 to €12,967
- Current portion of long-term debt -€5,013
down €5,013 (-100%), from €5,013 to €0
- Tax, wage and social debts -€4,618
down €4,618 (-89.8%), from €5,143 to €525
of which Taxes: -€4,618
- Other debts +€917
up €917 (+36.0%), from €2,550 to €3,467
- Gross operating margin -€9,599
down €9,599 (-42.3%), from €22,680 to €13,081
- Taxes -€2,107
down €2,107 (-72.4%), from €2,909 to €801
- Staff costs -€695
down €695 (-66.5%), from €1,045 to €350
- Financial income +€384
up €384 (+84.8%), from €453 to €837
- Depreciation +€335
up €335 (+5.1%), from €6,555 to €6,890
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 | €66,466 | €67,291 | +€825 | +1.2% |
| Fixed assets | 21/28 | €21,692 | €14,802 | -€6,890 | -31.8% |
| Tangible fixed assets | 22/27 | €21,692 | €14,802 | -€6,890 | -31.8% |
| Furniture and vehicles | 24 | €21,692 | €14,802 | -€6,890 | -31.8% |
| Current assets | 29/58 | €44,774 | €52,489 | +€7,715 | +17.2% |
| Amounts receivable within one year | 40/41 | €20,601 | €34,832 | +€14,231 | +69.1% |
| Trade receivables | 40 | €8,468 | €19,678 | +€11,210 | +132% |
| Other amounts receivable | 41 | €12,133 | €15,154 | +€3,021 | +24.9% |
| Cash at bank and in hand | 54/58 | €22,378 | €15,894 | -€6,484 | -29.0% |
| Deferred charges and accrued income | 490/1 | €1,795 | €1,763 | -€32 | -1.8% |
| Total equity and liabilities | 10/49 | €66,466 | €67,291 | +€825 | +1.2% |
| Equity | 10/15 | €49,695 | €50,331 | +€637 | +1.3% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,695 | €41,331 | +€637 | +1.6% |
| Amounts payable | 17/49 | €16,771 | €16,959 | +€188 | +1.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,771 | €16,959 | +€188 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €5,013 | €0 | -€5,013 | -100% |
| Trade debts | 44 | €4,066 | €12,967 | +€8,901 | +219% |
| Suppliers | 440/4 | €4,066 | €12,967 | +€8,901 | +219% |
| Taxes, remuneration and social security | 45 | €5,143 | €525 | -€4,618 | -89.8% |
| Taxes | 450/3 | €5,143 | €525 | -€4,618 | -89.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,550 | €3,467 | +€917 | +36.0% |
| Remuneration, social security and pensions | 62 | €1,045 | €350 | -€695 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,555 | €6,890 | +€335 | +5.1% |
| Other operating charges | 640/8 | €1,354 | €1,457 | +€103 | +7.6% |
| Gross operating margin | 9900 | €22,680 | €13,081 | -€9,599 | -42.3% |
| Operating profit (loss) | 9901 | €13,726 | €4,384 | -€9,342 | -68.1% |
| Financial income | 75/76B | €453 | €837 | +€384 | +84.8% |
| Recurring financial income | 75 | €453 | €837 | +€384 | +84.8% |
| Financial charges | 65/66B | €387 | €283 | -€104 | -26.9% |
| Recurring financial charges | 65 | €387 | €283 | -€104 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €13,792 | €4,938 | -€8,854 | -64.2% |
| Income taxes | 67/77 | €2,909 | €801 | -€2,107 | -72.4% |
| Profit (loss) for the period | 9904 | €10,884 | €4,137 | -€6,747 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,884 | €4,137 | -€6,747 | -62.0% |
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 29 October 2026 via checked.be.