Blue3Berg: what changed
Two fiscal 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.
Blue3Berg
Largest movements
- Current investments +€291,442
up €291,442 (+70.1%), from €415,771 to €707,213
- Cash -€160,926
down €160,926 (-91.4%), from €176,008 to €15,081
mainly Contributions, distributions and other (-€500,000) and Current investments (-€291,442)
- Receivables within one year +€22,550
up €22,550 (+40.7%), from €55,361 to €77,911
of which Other amounts receivable: +€18,550
- Other debts +€499,500
up €499,500 (+90325.5%), from €553 to €500,053
- Reserves -€314,381
down €314,381 (-55.3%), from €568,518 to €254,137
- Tax, wage and social debts -€64,349
down €64,349 (-100.0%), from €64,349 to €0
- Current portion of long-term debt +€30,994
up €30,994 (+258.8%), from €11,976 to €42,971
- Gross operating margin -€96,962
down €96,962 (-29.2%), from €331,841 to €234,880
- Taxes -€18,514
down €18,514 (-23.1%), from €80,213 to €61,699
- Financial income +€8,643
up €8,643 (+148.8%), from €5,807 to €14,450
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 | €650,473 | €803,714 | +€153,241 | +23.6% |
| Fixed assets | 21/28 | €1,857 | €1,563 | -€294 | -15.8% |
| Tangible fixed assets | 22/27 | €1,857 | €1,563 | -€294 | -15.8% |
| Furniture and vehicles | 24 | €1,857 | €1,563 | -€294 | -15.8% |
| Current assets | 29/58 | €648,616 | €802,150 | +€153,534 | +23.7% |
| Amounts receivable within one year | 40/41 | €55,361 | €77,911 | +€22,550 | +40.7% |
| Trade receivables | 40 | €39,473 | €43,473 | +€4,000 | +10.1% |
| Other amounts receivable | 41 | €15,887 | €34,438 | +€18,550 | +116.8% |
| Current investments | 50/53 | €415,771 | €707,213 | +€291,442 | +70.1% |
| Cash at bank and in hand | 54/58 | €176,008 | €15,081 | -€160,926 | -91.4% |
| Deferred charges and accrued income | 490/1 | €1,477 | €1,945 | +€469 | +31.8% |
| Total equity and liabilities | 10/49 | €650,473 | €803,714 | +€153,241 | +23.6% |
| Equity | 10/15 | €573,558 | €259,177 | -€314,381 | -54.8% |
| Contributions | 10/11 | €5,040 | €5,040 | = | 0.0% |
| Reserves | 13 | €568,518 | €254,137 | -€314,381 | -55.3% |
| Distributable reserves | 133 | €568,518 | €254,137 | -€314,381 | -55.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €76,915 | €544,536 | +€467,621 | +608.0% |
| Amounts payable within one year | 42/48 | €76,915 | €543,593 | +€466,678 | +606.7% |
| Current portion of amounts payable after more than one year | 42 | €11,976 | €42,971 | +€30,994 | +258.8% |
| Trade debts | 44 | €36 | €569 | +€533 | +1467.8% |
| Suppliers | 440/4 | €36 | €569 | +€533 | +1467.8% |
| Taxes, remuneration and social security | 45 | €64,349 | €0 | -€64,349 | -100.0% |
| Taxes | 450/3 | €64,349 | €0 | -€64,349 | -100.0% |
| Other amounts payable | 47/48 | €553 | €500,053 | +€499,500 | +90325.5% |
| Accrued charges and deferred income | 492/3 | - | €943 | +€943 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294 | €294 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340.4% |
| Gross operating margin | 9900 | €331,841 | €234,880 | -€96,962 | -29.2% |
| Operating profit (loss) | 9901 | €331,430 | €234,066 | -€97,363 | -29.4% |
| Financial income | 75/76B | €5,807 | €14,450 | +€8,643 | +148.8% |
| Recurring financial income | 75 | €5,807 | €14,450 | +€8,643 | +148.8% |
| Financial charges | 65/66B | €1,635 | €1,198 | -€437 | -26.7% |
| Recurring financial charges | 65 | €1,635 | €1,198 | -€437 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €335,602 | €247,319 | -€88,283 | -26.3% |
| Income taxes | 67/77 | €80,213 | €61,699 | -€18,514 | -23.1% |
| Profit (loss) for the period | 9904 | €255,388 | €185,619 | -€69,769 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €255,388 | €185,619 | -€69,769 | -27.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.