BLUE TONIC: 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 TONIC
Largest movements
- Cash +€39,414
up €39,414 (+9.9%), from €397,700 to €437,114
mainly Net result for the year (+€87,303) and Receivables within one year (+€4,933)
- Receivables within one year -€4,933
down €4,933 (-24.0%), from €20,552 to €15,619
of which Other amounts receivable: -€5,417
- Reserves +€39,006
up €39,006 (+10.2%), from €384,120 to €423,126
- Gross operating margin +€14,698
up €14,698 (+13.7%), from €107,649 to €122,346
- Taxes +€5,447
up €5,447 (+17.9%), from €30,490 to €35,936
- Financial income +€1,545
up €1,545 (+141%), from €1,093 to €2,638
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 | €420,785 | €453,485 | +€32,700 | +7.8% |
| Fixed assets | 21/28 | €1,874 | €752 | -€1,122 | -59.9% |
| Tangible fixed assets | 22/27 | €1,874 | €752 | -€1,122 | -59.9% |
| Furniture and vehicles | 24 | €1,874 | €752 | -€1,122 | -59.9% |
| Current assets | 29/58 | €418,912 | €452,733 | +€33,821 | +8.1% |
| Amounts receivable within one year | 40/41 | €20,552 | €15,619 | -€4,933 | -24.0% |
| Trade receivables | 40 | €13,552 | €14,036 | +€484 | +3.6% |
| Other amounts receivable | 41 | €7,000 | €1,583 | -€5,417 | -77.4% |
| Cash at bank and in hand | 54/58 | €397,700 | €437,114 | +€39,414 | +9.9% |
| Deferred charges and accrued income | 490/1 | €660 | - | -€660 | |
| Total equity and liabilities | 10/49 | €420,785 | €453,485 | +€32,700 | +7.8% |
| Equity | 10/15 | €402,720 | €441,726 | +€39,006 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €384,120 | €423,126 | +€39,006 | +10.2% |
| Distributable reserves | 133 | €384,120 | €423,126 | +€39,006 | +10.2% |
| Amounts payable | 17/49 | €18,066 | €11,759 | -€6,307 | -34.9% |
| Amounts payable within one year | 42/48 | €18,066 | €11,759 | -€6,307 | -34.9% |
| Trade debts | 44 | €2,648 | €267 | -€2,381 | -89.9% |
| Suppliers | 440/4 | €2,648 | €267 | -€2,381 | -89.9% |
| Taxes, remuneration and social security | 45 | €14,987 | €10,927 | -€4,060 | -27.1% |
| Taxes | 450/3 | €14,987 | €10,927 | -€4,060 | -27.1% |
| Other amounts payable | 47/48 | €431 | €565 | +€134 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,114 | €1,122 | +€8 | +0.7% |
| Other operating charges | 640/8 | €278 | €120 | -€158 | -56.8% |
| Gross operating margin | 9900 | €107,649 | €122,346 | +€14,698 | +13.7% |
| Operating profit (loss) | 9901 | €106,257 | €121,104 | +€14,848 | +14.0% |
| Financial income | 75/76B | €1,093 | €2,638 | +€1,545 | +141% |
| Recurring financial income | 75 | €1,093 | €2,638 | +€1,545 | +141% |
| Financial charges | 65/66B | €142 | €503 | +€361 | +254% |
| Recurring financial charges | 65 | €142 | €503 | +€361 | +254% |
| Profit (loss) for the period before taxes | 9903 | €107,208 | €123,239 | +€16,032 | +15.0% |
| Income taxes | 67/77 | €30,490 | €35,936 | +€5,447 | +17.9% |
| Profit (loss) for the period | 9904 | €76,718 | €87,303 | +€10,585 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,718 | €87,303 | +€10,585 | +13.8% |
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 17 October 2026 via checked.be.