BLUE TRADING: 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 TRADING
Largest movements
- Receivables within one year +€7,605
up €7,605 (+28.9%), from €26,283 to €33,888
of which Other amounts receivable: +€7,636
- Cash +€2,496
new in 2025: €2,496
mainly Trade debts (+€10,127) and Net result for the year (+€5,079)
- Trade debts +€10,127
new in 2025: €10,127
- Short-term financial debts -€5,185
no longer reported in 2025 (was €5,185)
- Profit (loss) carried forward +€5,079
up €5,079 (+53.0%), from €9,592 to €14,671
- Gross operating margin +€6,938
up €6,938 (+431%), from €1,609 to €8,547
- Taxes +€1,829
up €1,829 (+719%), from €254 to €2,084
- Financial charges +€264
up €264 (+23.5%), from €1,120 to €1,384
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 | €76,283 | €86,383 | +€10,101 | +13.2% |
| Fixed assets | 21/28 | €50,000 | €50,000 | = | 0.0% |
| Intangible fixed assets | 21 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €26,283 | €36,383 | +€10,101 | +38.4% |
| Amounts receivable within one year | 40/41 | €26,283 | €33,888 | +€7,605 | +28.9% |
| Trade receivables | 40 | €11,947 | €11,916 | -€31 | -0.3% |
| Other amounts receivable | 41 | €14,336 | €21,972 | +€7,636 | +53.3% |
| Cash at bank and in hand | 54/58 | - | €2,496 | +€2,496 | |
| Total equity and liabilities | 10/49 | €76,283 | €86,383 | +€10,101 | +13.2% |
| Equity | 10/15 | €70,406 | €75,486 | +€5,079 | +7.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €10,815 | €10,815 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,815 | €1,815 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,815 | €1,815 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,592 | €14,671 | +€5,079 | +53.0% |
| Amounts payable | 17/49 | €5,876 | €10,898 | +€5,021 | +85.5% |
| Amounts payable within one year | 42/48 | €5,876 | €10,898 | +€5,021 | +85.5% |
| Current portion of amounts payable after more than one year | 42 | €692 | €687 | -€4 | -0.6% |
| Financial debts | 43 | €5,185 | - | -€5,185 | |
| Credit institutions | 430/8 | €5,185 | - | -€5,185 | |
| Trade debts | 44 | - | €10,127 | +€10,127 | |
| Suppliers | 440/4 | €0 | €10,127 | +€10,127 | |
| Taxes, remuneration and social security | 45 | - | €84 | +€84 | |
| Taxes | 450/3 | - | €84 | +€84 | |
| Gross operating margin | 9900 | €1,609 | €8,547 | +€6,938 | +431% |
| Operating profit (loss) | 9901 | €1,609 | €8,547 | +€6,938 | +431% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,120 | €1,384 | +€264 | +23.5% |
| Recurring financial charges | 65 | €1,120 | €1,384 | +€264 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €489 | €7,163 | +€6,674 | +1,363% |
| Income taxes | 67/77 | €254 | €2,084 | +€1,829 | +719% |
| Profit (loss) for the period | 9904 | €235 | €5,079 | +€4,844 | +2,060% |
| Profit (loss) for the period to be appropriated | 9905 | €235 | €5,079 | +€4,844 | +2,060% |
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 31 October 2026 via checked.be.