BlueBridge.: 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.
BlueBridge.
Largest movements
- Cash -€625,526
down €625,526 (-85.7%), from €730,281 to €104,755
mainly Other debts (-€500,788) and Trade debts (-€232,948)
- Tangible fixed assets +€63,563
up €63,563 (+4,559%), from €1,394 to €64,957
of which Other tangible fixed assets: +€61,966
- Intangible fixed assets -€30,000
down €30,000 (-25.2%), from €119,014 to €89,014
- Receivables within one year +€28,819
up €28,819 (+10.0%), from €287,713 to €316,532
of which Other amounts receivable: +€62,832
- Deferred charges and accrued income -€17,973
down €17,973 (-89.1%), from €20,166 to €2,193
- Other debts -€500,788
down €500,788 (-94.6%), from €529,150 to €28,362
- Trade debts -€232,948
down €232,948 (-85.0%), from €274,132 to €41,184
- Accrued charges and deferred income +€168,535
new in 2025: €168,535
- Tax, wage and social debts -€89,946
no longer reported in 2025 (was €89,946)
of which Taxes: -€84,033
- Reserves +€71,330
up €71,330 (+27.6%), from €258,040 to €329,370
- Gross operating margin -€527,929
down €527,929 (-75.9%), from €695,517 to €167,589
- Staff costs -€61,075
down €61,075 (-73.0%), from €83,640 to €22,564
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 | €1,161,268 | €577,451 | -€583,817 | -50.3% |
| Fixed assets | 21/28 | €123,108 | €153,971 | +€30,863 | +25.1% |
| Intangible fixed assets | 21 | €119,014 | €89,014 | -€30,000 | -25.2% |
| Tangible fixed assets | 22/27 | €1,394 | €64,957 | +€63,563 | +4,559% |
| Furniture and vehicles | 24 | €1,394 | €2,991 | +€1,597 | +115% |
| Other tangible fixed assets | 26 | - | €61,966 | +€61,966 | |
| Financial fixed assets | 28 | €2,700 | - | -€2,700 | |
| Current assets | 29/58 | €1,038,160 | €423,480 | -€614,680 | -59.2% |
| Amounts receivable within one year | 40/41 | €287,713 | €316,532 | +€28,819 | +10.0% |
| Trade receivables | 40 | €287,713 | €253,700 | -€34,014 | -11.8% |
| Other amounts receivable | 41 | €0 | €62,832 | +€62,832 | |
| Cash at bank and in hand | 54/58 | €730,281 | €104,755 | -€625,526 | -85.7% |
| Deferred charges and accrued income | 490/1 | €20,166 | €2,193 | -€17,973 | -89.1% |
| Total equity and liabilities | 10/49 | €1,161,268 | €577,451 | -€583,817 | -50.3% |
| Equity | 10/15 | €268,040 | €339,370 | +€71,330 | +26.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €258,040 | €329,370 | +€71,330 | +27.6% |
| Distributable reserves | 133 | €258,040 | €329,370 | +€71,330 | +27.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €893,228 | €238,081 | -€655,147 | -73.3% |
| Amounts payable within one year | 42/48 | €893,228 | €69,546 | -€823,682 | -92.2% |
| Trade debts | 44 | €274,132 | €41,184 | -€232,948 | -85.0% |
| Suppliers | 440/4 | €274,132 | €41,184 | -€232,948 | -85.0% |
| Taxes, remuneration and social security | 45 | €89,946 | - | -€89,946 | |
| Taxes | 450/3 | €84,033 | - | -€84,033 | |
| Remuneration and social security | 454/9 | €5,913 | - | -€5,913 | |
| Other amounts payable | 47/48 | €529,150 | €28,362 | -€500,788 | -94.6% |
| Accrued charges and deferred income | 492/3 | - | €168,535 | +€168,535 | |
| Remuneration, social security and pensions | 62 | €83,640 | €22,564 | -€61,075 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,431 | €36,999 | +€6,568 | +21.6% |
| Other operating charges | 640/8 | €2,696 | €846 | -€1,851 | -68.6% |
| Gross operating margin | 9900 | €695,517 | €167,589 | -€527,929 | -75.9% |
| Operating profit (loss) | 9901 | €578,750 | €107,180 | -€471,571 | -81.5% |
| Financial income | 75/76B | - | €2,195 | +€2,195 | |
| Recurring financial income | 75 | - | €2,195 | +€2,195 | |
| Financial charges | 65/66B | €288 | €877 | +€589 | +204% |
| Recurring financial charges | 65 | €288 | €877 | +€589 | +204% |
| Profit (loss) for the period before taxes | 9903 | €578,462 | €108,498 | -€469,964 | -81.2% |
| Income taxes | 67/77 | €43,240 | €37,168 | -€6,072 | -14.0% |
| Profit (loss) for the period | 9904 | €535,222 | €71,330 | -€463,892 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €535,222 | €71,330 | -€463,892 | -86.7% |
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.