Blue Summit: 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 Summit
Largest movements
- Cash -€23,517
down €23,517 (-32.9%), from €71,570 to €48,053
mainly Other debts (-€94,041) and Current investments (-€19,609)
- Current investments +€19,609
up €19,609, from €0 to €19,609
- Tangible fixed assets -€15,363
down €15,363 (-37.8%), from €40,661 to €25,298
of which Furniture and vehicles: -€12,449
- Other debts -€94,041
down €94,041 (-100.0%), from €94,041 to €0
- Profit (loss) carried forward +€81,029
up €81,029 (+8404.8%), from €964 to €81,993
- Tax, wage and social debts -€4,947
down €4,947 (-30.0%), from €16,490 to €11,542
- Short-term financial debts -€2,741
down €2,741 (-100.0%), from €2,741 to €0
- Trade debts +€1,593
up €1,593 (+50.5%), from €3,156 to €4,749
- Gross operating margin +€27,184
up €27,184 (+28.9%), from €94,155 to €121,339
- Financial income -€20,602
down €20,602 (-100.0%), from €20,602 to €0
- Taxes +€5,172
up €5,172 (+29.3%), from €17,654 to €22,827
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.
Cash bridge derived
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 | €156,602 | €137,495 | -€19,108 | -12.2% |
| Fixed assets | 21/28 | €40,661 | €25,298 | -€15,363 | -37.8% |
| Tangible fixed assets | 22/27 | €40,661 | €25,298 | -€15,363 | -37.8% |
| Land and buildings | 22 | €8,651 | €5,737 | -€2,915 | -33.7% |
| Furniture and vehicles | 24 | €32,010 | €19,561 | -€12,449 | -38.9% |
| Current assets | 29/58 | €115,941 | €112,197 | -€3,744 | -3.2% |
| Amounts receivable within one year | 40/41 | €42,162 | €41,538 | -€624 | -1.5% |
| Trade receivables | 40 | €40,656 | €38,928 | -€1,728 | -4.3% |
| Other amounts receivable | 41 | €1,506 | €2,610 | +€1,104 | +73.3% |
| Current investments | 50/53 | €0 | €19,609 | +€19,609 | |
| Cash at bank and in hand | 54/58 | €71,570 | €48,053 | -€23,517 | -32.9% |
| Deferred charges and accrued income | 490/1 | €2,209 | €2,996 | +€787 | +35.6% |
| Total equity and liabilities | 10/49 | €156,602 | €137,495 | -€19,108 | -12.2% |
| Equity | 10/15 | €40,174 | €121,203 | +€81,029 | +201.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €964 | €81,993 | +€81,029 | +8404.8% |
| Amounts payable | 17/49 | €116,428 | €16,291 | -€100,137 | -86.0% |
| Amounts payable within one year | 42/48 | €116,428 | €16,291 | -€100,137 | -86.0% |
| Financial debts | 43 | €2,741 | €0 | -€2,741 | -100.0% |
| Credit institutions | 430/8 | €2,741 | €0 | -€2,741 | -100.0% |
| Trade debts | 44 | €3,156 | €4,749 | +€1,593 | +50.5% |
| Suppliers | 440/4 | €3,156 | €4,749 | +€1,593 | +50.5% |
| Taxes, remuneration and social security | 45 | €16,490 | €11,542 | -€4,947 | -30.0% |
| Taxes | 450/3 | €16,490 | €11,542 | -€4,947 | -30.0% |
| Other amounts payable | 47/48 | €94,041 | €0 | -€94,041 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,883 | €15,363 | +€480 | +3.2% |
| Other operating charges | 640/8 | €2,192 | €1,960 | -€233 | -10.6% |
| Gross operating margin | 9900 | €94,155 | €121,339 | +€27,184 | +28.9% |
| Operating profit (loss) | 9901 | €77,079 | €104,016 | +€26,937 | +34.9% |
| Financial income | 75/76B | €20,602 | €0 | -€20,602 | -100.0% |
| Recurring financial income | 75 | €20,602 | €0 | -€20,602 | -100.0% |
| Financial charges | 65/66B | €62 | €159 | +€97 | +155.5% |
| Recurring financial charges | 65 | €62 | €159 | +€97 | +155.5% |
| Profit (loss) for the period before taxes | 9903 | €97,618 | €103,856 | +€6,238 | +6.4% |
| Income taxes | 67/77 | €17,654 | €22,827 | +€5,172 | +29.3% |
| Profit (loss) for the period | 9904 | €79,964 | €81,029 | +€1,065 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,964 | €81,029 | +€1,065 | +1.3% |
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 10 October 2026 via checked.be.