Bluebold: 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.
Bluebold
Largest movements
- Receivables within one year -€32,850
no longer reported in 2025 (was €32,850)
- Cash +€29,161
up €29,161 (+34.4%), from €84,812 to €113,972
mainly Receivables within one year (+€32,850) and Net result for the year (+€13,605)
- Tangible fixed assets +€4,636
up €4,636 (+584.4%), from €793 to €5,429
- Tax, wage and social debts -€17,598
down €17,598 (-45.4%), from €38,777 to €21,179
- Profit (loss) carried forward +€13,605
up €13,605 (+17.9%), from €76,006 to €89,611
- Other debts +€7,263
up €7,263 (+927.9%), from €783 to €8,045
- Short-term financial debts -€1,718
down €1,718 (-95.2%), from €1,804 to €86
- Gross operating margin -€81,908
down €81,908 (-75.4%), from €108,576 to €26,668
- Taxes -€16,587
down €16,587 (-72.1%), from €23,000 to €6,413
- Financial charges -€2,727
down €2,727 (-41.3%), from €6,600 to €3,874
- Other operating charges -€1,165
down €1,165 (-50.6%), from €2,302 to €1,137
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 | €120,726 | €122,231 | +€1,505 | +1.2% |
| Fixed assets | 21/28 | €793 | €5,429 | +€4,636 | +584.4% |
| Tangible fixed assets | 22/27 | €793 | €5,429 | +€4,636 | +584.4% |
| Furniture and vehicles | 24 | €793 | €5,429 | +€4,636 | +584.4% |
| Current assets | 29/58 | €119,933 | €116,802 | -€3,131 | -2.6% |
| Amounts receivable within one year | 40/41 | €32,850 | - | -€32,850 | |
| Trade receivables | 40 | €32,850 | - | -€32,850 | |
| Cash at bank and in hand | 54/58 | €84,812 | €113,972 | +€29,161 | +34.4% |
| Deferred charges and accrued income | 490/1 | €2,271 | €2,830 | +€558 | +24.6% |
| Total equity and liabilities | 10/49 | €120,726 | €122,231 | +€1,505 | +1.2% |
| Equity | 10/15 | €79,006 | €92,611 | +€13,605 | +17.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,006 | €89,611 | +€13,605 | +17.9% |
| Amounts payable | 17/49 | €41,721 | €29,620 | -€12,101 | -29.0% |
| Amounts payable within one year | 42/48 | €41,721 | €29,620 | -€12,101 | -29.0% |
| Financial debts | 43 | €1,804 | €86 | -€1,718 | -95.2% |
| Credit institutions | 430/8 | €1,804 | €86 | -€1,718 | -95.2% |
| Trade debts | 44 | €357 | €310 | -€47 | -13.2% |
| Suppliers | 440/4 | €357 | €310 | -€47 | -13.2% |
| Taxes, remuneration and social security | 45 | €38,777 | €21,179 | -€17,598 | -45.4% |
| Taxes | 450/3 | €38,777 | €21,179 | -€17,598 | -45.4% |
| Other amounts payable | 47/48 | €783 | €8,045 | +€7,263 | +927.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669 | €1,639 | +€971 | +145.2% |
| Other operating charges | 640/8 | €2,302 | €1,137 | -€1,165 | -50.6% |
| Gross operating margin | 9900 | €108,576 | €26,668 | -€81,908 | -75.4% |
| Operating profit (loss) | 9901 | €105,606 | €23,892 | -€81,714 | -77.4% |
| Financial charges | 65/66B | €6,600 | €3,874 | -€2,727 | -41.3% |
| Recurring financial charges | 65 | €6,600 | €3,874 | -€2,727 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €99,006 | €20,019 | -€78,987 | -79.8% |
| Income taxes | 67/77 | €23,000 | €6,413 | -€16,587 | -72.1% |
| Profit (loss) for the period | 9904 | €76,006 | €13,605 | -€62,400 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €76,006 | €13,605 | -€62,400 | -82.1% |
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 10 October 2026 via checked.be.