BLUE TECH SOLUTIONS: 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 TECH SOLUTIONS
Largest movements
- Receivables within one year -€273,591
down €273,591 (-41.0%), from €668,036 to €394,445
of which Trade receivables: -€222,830
- Cash +€65,759
up €65,759 (+45.2%), from €145,374 to €211,133
mainly Receivables within one year (+€273,591) and Net result for the year (+€129,957)
- Stocks and contracts -€36,337
down €36,337 (-41.2%), from €88,128 to €51,791
- Accrued charges and deferred income -€247,269
down €247,269 (-57.6%), from €429,280 to €182,011
- Reserves +€89,957
up €89,957 (+32.2%), from €279,383 to €369,340
- Trade debts -€64,051
down €64,051 (-46.2%), from €138,666 to €74,615
- Tax, wage and social debts -€25,047
down €25,047 (-71.7%), from €34,930 to €9,883
of which Taxes: -€18,863
- Gross operating margin +€77,776
up €77,776 (+40.1%), from €193,806 to €271,582
- Taxes +€20,723
up €20,723 (+86.4%), from €23,977 to €44,699
- Staff costs -€6,401
down €6,401 (-7.0%), from €90,845 to €84,445
- Other operating charges -€3,322
down €3,322 (-60.4%), from €5,504 to €2,181
- Depreciation +€3,054
up €3,054 (+47.7%), from €6,402 to €9,456
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 | €936,340 | €693,480 | -€242,860 | -25.9% |
| Fixed assets | 21/28 | €30,327 | €30,756 | +€429 | +1.4% |
| Intangible fixed assets | 21 | €9,182 | €7,905 | -€1,277 | -13.9% |
| Tangible fixed assets | 22/27 | €19,595 | €21,301 | +€1,706 | +8.7% |
| Plant, machinery and equipment | 23 | €6,856 | €4,954 | -€1,903 | -27.7% |
| Furniture and vehicles | 24 | €11,009 | €14,987 | +€3,978 | +36.1% |
| Other tangible fixed assets | 26 | €1,730 | €1,361 | -€369 | -21.4% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €906,013 | €662,724 | -€243,288 | -26.9% |
| Stocks and contracts in progress | 3 | €88,128 | €51,791 | -€36,337 | -41.2% |
| Stocks | 30/36 | €88,128 | €51,791 | -€36,337 | -41.2% |
| Amounts receivable within one year | 40/41 | €668,036 | €394,445 | -€273,591 | -41.0% |
| Trade receivables | 40 | €603,132 | €380,303 | -€222,830 | -36.9% |
| Other amounts receivable | 41 | €64,903 | €14,142 | -€50,761 | -78.2% |
| Cash at bank and in hand | 54/58 | €145,374 | €211,133 | +€65,759 | +45.2% |
| Deferred charges and accrued income | 490/1 | €4,475 | €5,355 | +€880 | +19.7% |
| Total equity and liabilities | 10/49 | €936,340 | €693,480 | -€242,860 | -25.9% |
| Equity | 10/15 | €297,983 | €387,940 | +€89,957 | +30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €279,383 | €369,340 | +€89,957 | +32.2% |
| Distributable reserves | 133 | €279,383 | €369,340 | +€89,957 | +32.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €638,357 | €305,540 | -€332,817 | -52.1% |
| Amounts payable within one year | 42/48 | €209,077 | €123,529 | -€85,548 | -40.9% |
| Trade debts | 44 | €138,666 | €74,615 | -€64,051 | -46.2% |
| Suppliers | 440/4 | €138,666 | €74,615 | -€64,051 | -46.2% |
| Taxes, remuneration and social security | 45 | €34,930 | €9,883 | -€25,047 | -71.7% |
| Taxes | 450/3 | €21,423 | €2,560 | -€18,863 | -88.0% |
| Remuneration and social security | 454/9 | €13,507 | €7,323 | -€6,184 | -45.8% |
| Other amounts payable | 47/48 | €35,481 | €39,031 | +€3,550 | +10.0% |
| Accrued charges and deferred income | 492/3 | €429,280 | €182,011 | -€247,269 | -57.6% |
| Remuneration, social security and pensions | 62 | €90,845 | €84,445 | -€6,401 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,402 | €9,456 | +€3,054 | +47.7% |
| Other operating charges | 640/8 | €5,504 | €2,181 | -€3,322 | -60.4% |
| Gross operating margin | 9900 | €193,806 | €271,582 | +€77,776 | +40.1% |
| Operating profit (loss) | 9901 | €91,055 | €175,500 | +€84,445 | +92.7% |
| Financial income | 75/76B | €24 | €113 | +€89 | +377% |
| Recurring financial income | 75 | €24 | €113 | +€89 | +377% |
| Financial charges | 65/66B | €422 | €956 | +€534 | +126% |
| Recurring financial charges | 65 | €422 | €956 | +€534 | +126% |
| Profit (loss) for the period before taxes | 9903 | €90,656 | €174,657 | +€84,001 | +92.7% |
| Income taxes | 67/77 | €23,977 | €44,699 | +€20,723 | +86.4% |
| Profit (loss) for the period | 9904 | €66,680 | €129,957 | +€63,278 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,680 | €129,957 | +€63,278 | +94.9% |
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 23 October 2026 via checked.be.