Bluebird Brands: 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.
Bluebird Brands
Largest movements
- Receivables within one year -€11,825
down €11,825 (-26.9%), from €43,881 to €32,056
of which Other amounts receivable: -€26,310
- Cash -€2,773
down €2,773 (-44.9%), from €6,173 to €3,400
mainly Other debts (-€36,677) and Net result for the year (-€9,949)
- Stocks and contracts -€1,548
down €1,548 (-36.0%), from €4,302 to €2,754
- Deferred charges and accrued income +€577
up €577 (+91.6%), from €630 to €1,208
- Other debts -€36,677
down €36,677 (-52.8%), from €69,526 to €32,849
- Trade debts +€23,396
up €23,396 (+964%), from €2,427 to €25,823
- Profit (loss) carried forward -€9,949
down €9,949 (-18.7%), from -€53,341 to -€63,290
- Tax, wage and social debts +€7,252
up €7,252, from €0 to €7,252
- Gross operating margin -€11,730
down €11,730, from €5,129 to -€6,601
- Financial charges -€102
down €102 (-21.4%), from €474 to €372
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 | €55,716 | €39,800 | -€15,916 | -28.6% |
| Fixed assets | 21/28 | €730 | €382 | -€348 | -47.6% |
| Tangible fixed assets | 22/27 | €730 | €382 | -€348 | -47.6% |
| Furniture and vehicles | 24 | €730 | €382 | -€348 | -47.6% |
| Current assets | 29/58 | €54,987 | €39,418 | -€15,569 | -28.3% |
| Stocks and contracts in progress | 3 | €4,302 | €2,754 | -€1,548 | -36.0% |
| Stocks | 30/36 | €4,302 | €2,754 | -€1,548 | -36.0% |
| Amounts receivable within one year | 40/41 | €43,881 | €32,056 | -€11,825 | -26.9% |
| Trade receivables | 40 | €14,028 | €28,514 | +€14,486 | +103% |
| Other amounts receivable | 41 | €29,853 | €3,543 | -€26,310 | -88.1% |
| Cash at bank and in hand | 54/58 | €6,173 | €3,400 | -€2,773 | -44.9% |
| Deferred charges and accrued income | 490/1 | €630 | €1,208 | +€577 | +91.6% |
| Total equity and liabilities | 10/49 | €55,716 | €39,800 | -€15,916 | -28.6% |
| Equity | 10/15 | -€16,795 | -€26,744 | -€9,949 | -59.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €21,546 | €21,546 | = | 0.0% |
| Distributable reserves | 133 | €21,546 | €21,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,341 | -€63,290 | -€9,949 | -18.7% |
| Amounts payable | 17/49 | €72,512 | €66,545 | -€5,967 | -8.2% |
| Amounts payable within one year | 42/48 | €72,512 | €66,545 | -€5,967 | -8.2% |
| Financial debts | 43 | €558 | €620 | +€62 | +11.1% |
| Credit institutions | 430/8 | €558 | €620 | +€62 | +11.1% |
| Trade debts | 44 | €2,427 | €25,823 | +€23,396 | +964% |
| Suppliers | 440/4 | €2,427 | €25,823 | +€23,396 | +964% |
| Taxes, remuneration and social security | 45 | €0 | €7,252 | +€7,252 | |
| Taxes | 450/3 | €0 | €7,252 | +€7,252 | |
| Other amounts payable | 47/48 | €69,526 | €32,849 | -€36,677 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | €348 | +€34 | +10.9% |
| Other operating charges | 640/8 | €897 | €940 | +€43 | +4.7% |
| Non-recurring operating charges | 66A | - | €1,692 | +€1,692 | |
| Gross operating margin | 9900 | €5,129 | -€6,601 | -€11,730 | |
| Operating profit (loss) | 9901 | €3,918 | -€9,581 | -€13,499 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +5,050% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +5,050% |
| Financial charges | 65/66B | €474 | €372 | -€102 | -21.4% |
| Recurring financial charges | 65 | €474 | €372 | -€102 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €3,444 | -€9,949 | -€13,393 | |
| Profit (loss) for the period | 9904 | €3,444 | -€9,949 | -€13,393 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,444 | -€9,949 | -€13,393 |
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 26 October 2026 via checked.be.