BLUEANT: 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.
BLUEANT
Largest movements
- Cash +€112,429
up €112,429 (+124.1%), from €90,603 to €203,031
mainly Net result for the year (+€99,805) and Tax, wage and social debts (+€14,468)
- Stocks and contracts -€7,050
down €7,050 (-29.6%), from €23,800 to €16,750
- Financial fixed assets +€5,700
new in 2025: €5,700
- Profit (loss) carried forward +€99,805
up €99,805 (+115.3%), from €86,571 to €186,376
- Tax, wage and social debts +€14,468
up €14,468 (+61.6%), from €23,470 to €37,938
of which Taxes: +€14,168
- Other debts -€3,398
down €3,398 (-54.1%), from €6,278 to €2,880
- Trade debts +€2,602
up €2,602 (+30.4%), from €8,570 to €11,171
- Gross operating margin +€51,793
up €51,793 (+47.6%), from €108,736 to €160,529
- Taxes +€10,570
up €10,570 (+63.5%), from €16,643 to €27,213
- Financial charges +€7,595
up €7,595 (+31.3%), from €24,280 to €31,875
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 | €126,388 | €239,865 | +€113,477 | +89.8% |
| Fixed assets | 21/28 | - | €6,804 | +€6,804 | |
| Tangible fixed assets | 22/27 | - | €1,104 | +€1,104 | |
| Furniture and vehicles | 24 | - | €1,104 | +€1,104 | |
| Financial fixed assets | 28 | - | €5,700 | +€5,700 | |
| Current assets | 29/58 | €126,388 | €233,061 | +€106,672 | +84.4% |
| Stocks and contracts in progress | 3 | €23,800 | €16,750 | -€7,050 | -29.6% |
| Stocks | 30/36 | €23,800 | €16,750 | -€7,050 | -29.6% |
| Amounts receivable within one year | 40/41 | €10,362 | €9,684 | -€678 | -6.5% |
| Trade receivables | 40 | €5,308 | €9,684 | +€4,375 | +82.4% |
| Other amounts receivable | 41 | €5,053 | - | -€5,053 | |
| Cash at bank and in hand | 54/58 | €90,603 | €203,031 | +€112,429 | +124.1% |
| Deferred charges and accrued income | 490/1 | €1,624 | €3,596 | +€1,971 | +121.4% |
| Total equity and liabilities | 10/49 | €126,388 | €239,865 | +€113,477 | +89.8% |
| Equity | 10/15 | €88,071 | €187,876 | +€99,805 | +113.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,571 | €186,376 | +€99,805 | +115.3% |
| Amounts payable | 17/49 | €38,318 | €51,989 | +€13,672 | +35.7% |
| Amounts payable within one year | 42/48 | €38,318 | €51,989 | +€13,672 | +35.7% |
| Trade debts | 44 | €8,570 | €11,171 | +€2,602 | +30.4% |
| Suppliers | 440/4 | €8,570 | €11,171 | +€2,602 | +30.4% |
| Taxes, remuneration and social security | 45 | €23,470 | €37,938 | +€14,468 | +61.6% |
| Taxes | 450/3 | €22,220 | €36,388 | +€14,168 | +63.8% |
| Remuneration and social security | 454/9 | €1,250 | €1,550 | +€300 | +24.0% |
| Other amounts payable | 47/48 | €6,278 | €2,880 | -€3,398 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €723 | €446 | -€278 | -38.4% |
| Other operating charges | 640/8 | €652 | €1,191 | +€539 | +82.7% |
| Gross operating margin | 9900 | €108,736 | €160,529 | +€51,793 | +47.6% |
| Operating profit (loss) | 9901 | €107,361 | €158,892 | +€51,531 | +48.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -70.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -70.1% |
| Financial charges | 65/66B | €24,280 | €31,875 | +€7,595 | +31.3% |
| Recurring financial charges | 65 | €24,280 | €31,875 | +€7,595 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €83,082 | €127,018 | +€43,936 | +52.9% |
| Income taxes | 67/77 | €16,643 | €27,213 | +€10,570 | +63.5% |
| Profit (loss) for the period | 9904 | €66,439 | €99,805 | +€33,366 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,439 | €99,805 | +€33,366 | +50.2% |
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 29 September 2026 via checked.be.