BLUE SKY: 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 SKY
Largest movements
- Current assets +€25,494
up €25,494 (+18.0%), from €141,933 to €167,427
of which Cash: +€62,700
- Debts +€85,687
up €85,687 (+148%), from €57,884 to €143,571
- Profit (loss) carried forward -€61,930
down €61,930 (-72.2%), from €85,819 to €23,889
- Gross operating margin +€29,052
up €29,052 (+151%), from €19,197 to €48,250
- Taxes +€9,366
up €9,366 (+185%), from €5,063 to €14,430
- Depreciation +€521
up €521 (+18.8%), from €2,779 to €3,300
From the 2012 result to the 2013 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2012 | 2013 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,770 | €175,528 | +€23,758 | +15.7% |
| Fixed assets | 21/28 | €9,837 | €8,100 | -€1,736 | -17.7% |
| Tangible fixed assets | 22/27 | €9,837 | €8,100 | -€1,736 | -17.7% |
| Current assets | 29/58 | €141,933 | €167,427 | +€25,494 | +18.0% |
| Amounts receivable within one year | 40/41 | €39,081 | €2,421 | -€36,660 | -93.8% |
| Cash at bank and in hand | 54/58 | €101,123 | €163,823 | +€62,700 | +62.0% |
| Total equity and liabilities | 10/49 | €151,770 | €175,528 | +€23,758 | +15.7% |
| Equity | 10/15 | €93,887 | €31,957 | -€61,930 | -66.0% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,819 | €23,889 | -€61,930 | -72.2% |
| Amounts payable | 17/49 | €57,884 | €143,571 | +€85,687 | +148% |
| Amounts payable within one year | 42/48 | €57,768 | €142,974 | +€85,206 | +147% |
| Trade debts | 44 | €2,015 | €6,420 | +€4,405 | +219% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,779 | €3,300 | +€521 | +18.8% |
| Gross operating margin | 9900 | €19,197 | €48,250 | +€29,052 | +151% |
| Operating profit (loss) | 9901 | €15,895 | €44,453 | +€28,557 | +180% |
| Recurring financial income | 75 | €2,206 | €811 | -€1,396 | -63.3% |
| Recurring financial charges | 65 | €46 | €4,069 | +€4,023 | +8,786% |
| Profit (loss) for the period before taxes | 9903 | €18,056 | €41,195 | +€23,139 | +128% |
| Income taxes | 67/77 | €5,063 | €14,430 | +€9,366 | +185% |
| Profit (loss) for the period | 9904 | €12,992 | €26,765 | +€13,772 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €12,992 | €26,765 | +€13,772 | +106% |
Source: filed annual accounts (NBB), financial years ended 31 December 2012 and 31 December 2013. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.