BLUE SKY: 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 SKY
Largest movements
- Tangible fixed assets -€12,105
down €12,105 (-25.8%), from €46,971 to €34,865
of which Land and buildings: -€9,105
- Cash -€10,956
down €10,956 (-42.6%), from €25,706 to €14,751
mainly Other debts (-€20,571) and Debts after one year (-€4,487)
- Deferred charges and accrued income -€919
no longer reported in 2024 (was €919)
- Other debts -€20,571
down €20,571 (-74.6%), from €27,557 to €6,986
- Debts after one year -€4,487
down €4,487 (-32.3%), from €13,888 to €9,401
- Tax, wage and social debts +€1,621
up €1,621 (+50.1%), from €3,237 to €4,858
- Trade debts -€919
no longer reported in 2024 (was €919)
- Reserves +€812
up €812 (+4.5%), from €17,959 to €18,772
- Gross operating margin -€9,078
down €9,078 (-37.8%), from €24,014 to €14,935
- Other operating charges -€2,056
no longer reported in 2024 (was €2,056)
- Taxes -€1,647
down €1,647 (-54.3%), from €3,032 to €1,385
- Financial charges -€658
down €658 (-51.0%), from €1,291 to €632
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 | €74,571 | €51,109 | -€23,462 | -31.5% |
| Fixed assets | 21/28 | €46,971 | €34,865 | -€12,105 | -25.8% |
| Tangible fixed assets | 22/27 | €46,971 | €34,865 | -€12,105 | -25.8% |
| Land and buildings | 22 | €36,853 | €27,747 | -€9,105 | -24.7% |
| Furniture and vehicles | 24 | €10,118 | €7,118 | -€3,000 | -29.7% |
| Current assets | 29/58 | €27,600 | €16,244 | -€11,356 | -41.1% |
| Amounts receivable within one year | 40/41 | €975 | €1,493 | +€518 | +53.2% |
| Trade receivables | 40 | €975 | €1,493 | +€518 | +53.2% |
| Cash at bank and in hand | 54/58 | €25,706 | €14,751 | -€10,956 | -42.6% |
| Deferred charges and accrued income | 490/1 | €919 | - | -€919 | |
| Total equity and liabilities | 10/49 | €74,571 | €51,109 | -€23,462 | -31.5% |
| Equity | 10/15 | €24,159 | €24,972 | +€812 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,959 | €18,772 | +€812 | +4.5% |
| Distributable reserves | 133 | €17,959 | €18,772 | +€812 | +4.5% |
| Amounts payable | 17/49 | €50,411 | €26,137 | -€24,274 | -48.2% |
| Amounts payable after more than one year | 17 | €13,888 | €9,401 | -€4,487 | -32.3% |
| Financial debts | 170/4 | €13,888 | €9,401 | -€4,487 | -32.3% |
| Amounts payable within one year | 42/48 | €36,063 | €16,331 | -€19,732 | -54.7% |
| Current portion of amounts payable after more than one year | 42 | €4,350 | €4,487 | +€137 | +3.1% |
| Trade debts | 44 | €919 | - | -€919 | |
| Suppliers | 440/4 | €919 | - | -€919 | |
| Taxes, remuneration and social security | 45 | €3,237 | €4,858 | +€1,621 | +50.1% |
| Taxes | 450/3 | €3,237 | €4,858 | +€1,621 | +50.1% |
| Other amounts payable | 47/48 | €27,557 | €6,986 | -€20,571 | -74.6% |
| Accrued charges and deferred income | 492/3 | €460 | €405 | -€55 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,105 | €12,105 | = | 0.0% |
| Other operating charges | 640/8 | €2,056 | - | -€2,056 | |
| Gross operating margin | 9900 | €24,014 | €14,935 | -€9,078 | -37.8% |
| Operating profit (loss) | 9901 | €9,852 | €2,830 | -€7,022 | -71.3% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.9% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.9% |
| Financial charges | 65/66B | €1,291 | €632 | -€658 | -51.0% |
| Recurring financial charges | 65 | €1,291 | €632 | -€658 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €8,570 | €2,198 | -€6,373 | -74.4% |
| Income taxes | 67/77 | €3,032 | €1,385 | -€1,647 | -54.3% |
| Profit (loss) for the period | 9904 | €5,538 | €812 | -€4,726 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,538 | €812 | -€4,726 | -85.3% |
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 1 October 2026 via checked.be.