BLUE TIE: 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 TIE
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Cash -€7,994
down €7,994 (-72.7%), from €10,999 to €3,006
mainly Other debts (-€47,635) and Current investments (-€20,000)
- Stocks and contracts +€4,500
up €4,500 (+11.7%), from €38,500 to €43,000
- Receivables within one year +€2,057
up €2,057 (+12.8%), from €16,093 to €18,150
- Profit (loss) carried forward +€49,604
new in 2025: €49,604
- Other debts -€47,635
no longer reported in 2025 (was €47,635)
- Tax, wage and social debts +€16,595
up €16,595 (+97.9%), from €16,957 to €33,552
- Gross operating margin +€2,044
up €2,044 (+3.2%), from €64,444 to €66,489
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 | €65,592 | €84,156 | +€18,563 | +28.3% |
| Current assets | 29/58 | €65,592 | €84,156 | +€18,563 | +28.3% |
| Stocks and contracts in progress | 3 | €38,500 | €43,000 | +€4,500 | +11.7% |
| Contracts in progress | 37 | €38,500 | €43,000 | +€4,500 | +11.7% |
| Amounts receivable within one year | 40/41 | €16,093 | €18,150 | +€2,057 | +12.8% |
| Trade receivables | 40 | €16,093 | €18,150 | +€2,057 | +12.8% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €10,999 | €3,006 | -€7,994 | -72.7% |
| Total equity and liabilities | 10/49 | €65,592 | €84,156 | +€18,563 | +28.3% |
| Equity | 10/15 | €1,000 | €50,604 | +€49,604 | +4,960% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €49,604 | +€49,604 | |
| Amounts payable | 17/49 | €64,592 | €33,552 | -€31,040 | -48.1% |
| Amounts payable within one year | 42/48 | €64,592 | €33,552 | -€31,040 | -48.1% |
| Taxes, remuneration and social security | 45 | €16,957 | €33,552 | +€16,595 | +97.9% |
| Taxes | 450/3 | €16,957 | €33,552 | +€16,595 | +97.9% |
| Other amounts payable | 47/48 | €47,635 | - | -€47,635 | |
| Other operating charges | 640/8 | €923 | €400 | -€523 | -56.7% |
| Gross operating margin | 9900 | €64,444 | €66,489 | +€2,044 | +3.2% |
| Operating profit (loss) | 9901 | €63,522 | €66,089 | +€2,567 | +4.0% |
| Financial income | 75/76B | €33 | €90 | +€57 | +171% |
| Recurring financial income | 75 | €33 | €90 | +€57 | +171% |
| Financial charges | 65/66B | €42 | €40 | -€1 | -2.8% |
| Recurring financial charges | 65 | €42 | €40 | -€1 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €63,513 | €66,139 | +€2,625 | +4.1% |
| Income taxes | 67/77 | €15,878 | €16,535 | +€656 | +4.1% |
| Profit (loss) for the period | 9904 | €47,635 | €49,604 | +€1,969 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,635 | €49,604 | +€1,969 | +4.1% |
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.