BLUE THUNDERBIRD: 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 THUNDERBIRD
Largest movements
- Tangible fixed assets -€890
down €890 (-12.8%), from €6,972 to €6,082
- Other debts +€3,275
up €3,275 (+49.3%), from €6,644 to €9,919
- Profit (loss) carried forward -€2,748
down €2,748 (-19.7%), from €13,975 to €11,227
- Trade debts -€1,183
down €1,183 (-72.5%), from €1,632 to €449
- Gross operating margin +€3,698
up €3,698 (+67.0%), from -€5,517 to -€1,819
- Taxes -€421
no longer reported in 2025 (was €421)
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 | €37,251 | €36,595 | -€656 | -1.8% |
| Fixed assets | 21/28 | €6,972 | €6,082 | -€890 | -12.8% |
| Tangible fixed assets | 22/27 | €6,972 | €6,082 | -€890 | -12.8% |
| Furniture and vehicles | 24 | €6,972 | €6,082 | -€890 | -12.8% |
| Current assets | 29/58 | €30,279 | €30,513 | +€234 | +0.8% |
| Stocks and contracts in progress | 3 | €6,785 | €6,785 | = | 0.0% |
| Stocks | 30/36 | €6,785 | €6,785 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €463 | €697 | +€234 | +50.5% |
| Other amounts receivable | 41 | €463 | €697 | +€234 | +50.5% |
| Cash at bank and in hand | 54/58 | €23,031 | €23,031 | = | 0.0% |
| Total equity and liabilities | 10/49 | €37,251 | €36,595 | -€656 | -1.8% |
| Equity | 10/15 | €28,975 | €26,227 | -€2,748 | -9.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,975 | €11,227 | -€2,748 | -19.7% |
| Amounts payable | 17/49 | €8,276 | €10,368 | +€2,092 | +25.3% |
| Amounts payable within one year | 42/48 | €8,276 | €10,368 | +€2,092 | +25.3% |
| Trade debts | 44 | €1,632 | €449 | -€1,183 | -72.5% |
| Suppliers | 440/4 | €1,632 | €449 | -€1,183 | -72.5% |
| Other amounts payable | 47/48 | €6,644 | €9,919 | +€3,275 | +49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €890 | €890 | = | 0.0% |
| Gross operating margin | 9900 | -€5,517 | -€1,819 | +€3,698 | +67.0% |
| Operating profit (loss) | 9901 | -€6,407 | -€2,709 | +€3,698 | +57.7% |
| Financial charges | 65/66B | €20 | €39 | +€19 | +95.0% |
| Recurring financial charges | 65 | €20 | €39 | +€19 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,427 | -€2,748 | +€3,679 | +57.2% |
| Income taxes | 67/77 | €421 | - | -€421 | |
| Profit (loss) for the period | 9904 | -€6,848 | -€2,748 | +€4,100 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,848 | -€2,748 | +€4,100 | +59.9% |
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 12 October 2026 via checked.be.