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BLUECENTURY: 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.

What changed

BLUECENTURY

BE 0677.465.915
NACE 50.200, Water transport
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€47,944
2024 · €192,706-€144,762
Equity
€544,056
2024 · €496,112+€47,944
Cash
€22,072
2024 · €1,126+€20,946
Balance sheet total
€4.9m
2024 · €4.9m+€55,481

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Gross operating margin -€103,535

        down €103,535 (-40.5%), from €255,936 to €152,401

      • Financial charges +€29,845

        up €29,845 (+61.1%), from €48,858 to €78,703

      • Financial income -€6,904

        down €6,904 (-98.8%), from €6,990 to €86

        of which Non-recurring financial income: -€6,723

      • Other operating charges +€5,079

        up €5,079 (+222%), from €2,284 to €7,363

      From the 2024 result to the 2025 result

      effect on the 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.

      Result 2024 €192,706
      Gross operating margin -€103,535
      Depreciation +€601
      Other operating charges -€5,079
      Financial income -€6,904
      Financial charges -€29,845
      Result 2025 €47,944
      raises the resultlowers the result

      Derived cash bridge

      cash 2024 to 2025

      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.

      From operations +€75,496
      Investment -€46,800
      Financing -€7,750
      Cash 2024 €1,126
      Net result for the year +€47,944
      Depreciation +€18,478
      Receivables within one year -€6,027
      Deferred charges and accrued income -€186
      Trade debts -€9,434
      Other debts +€24,721
      Investment in fixed assets (net) -€46,800
      Current portion of long-term debt -€7,750
      Cash 2025 €22,072
      brings cash intakes cash out
      Every line side by side 41 lines
      Line Code 2024 2025 Change %
      Total assets 20/58 €4,883,856 €4,939,337 +€55,481 +1.1%
      Fixed assets 21/28 €4,829,364 €4,857,686 +€28,322 +0.6%
      Intangible fixed assets 21 €4,792,806 €4,833,819 +€41,013 +0.9%
      Tangible fixed assets 22/27 €26,018 €13,327 -€12,691 -48.8%
      Plant, machinery and equipment 23 €5,769 €4,327 -€1,442 -25.0%
      Furniture and vehicles 24 €20,249 €9,001 -€11,248 -55.6%
      Financial fixed assets 28 €10,540 €10,540 = 0.0%
      Current assets 29/58 €54,492 €81,651 +€27,159 +49.8%
      Amounts receivable within one year 40/41 €53,366 €59,393 +€6,027 +11.3%
      Trade receivables 40 €30,677 €50,686 +€20,009 +65.2%
      Other amounts receivable 41 €22,689 €8,706 -€13,982 -61.6%
      Cash at bank and in hand 54/58 €1,126 €22,072 +€20,946 +1,861%
      Deferred charges and accrued income 490/1 - €186 +€186
      Total equity and liabilities 10/49 €4,883,856 €4,939,337 +€55,481 +1.1%
      Equity 10/15 €496,112 €544,056 +€47,944 +9.7%
      Contributions 10/11 €1,400,000 €1,400,000 = 0.0%
      Profit (loss) carried forward 14 -€903,888 -€855,944 +€47,944 +5.3%
      Amounts payable 17/49 €4,387,743 €4,395,281 +€7,537 +0.2%
      Amounts payable after more than one year 17 €2,022,000 €2,022,000 = 0.0%
      Financial debts 170/4 €2,022,000 €2,022,000 = 0.0%
      Amounts payable within one year 42/48 €2,365,743 €2,373,281 +€7,537 +0.3%
      Current portion of amounts payable after more than one year 42 €1,343,500 €1,335,750 -€7,750 -0.6%
      Trade debts 44 €415,354 €405,920 -€9,434 -2.3%
      Suppliers 440/4 €415,354 €405,920 -€9,434 -2.3%
      Taxes, remuneration and social security 45 €1,045 €1,045 = 0.0%
      Taxes 450/3 €1,045 €1,045 = 0.0%
      Other amounts payable 47/48 €605,845 €630,566 +€24,721 +4.1%
      Non-recurring operating income 76A - €27,374 +€27,374
      Remuneration, social security and pensions 62 €0 - =
      Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €19,078 €18,478 -€601 -3.1%
      Other operating charges 640/8 €2,284 €7,363 +€5,079 +222%
      Gross operating margin 9900 €255,936 €152,401 -€103,535 -40.5%
      Operating profit (loss) 9901 €234,574 €126,561 -€108,013 -46.0%
      Financial income 75/76B €6,990 €86 -€6,904 -98.8%
      Recurring financial income 75 €266 €86 -€180 -67.7%
      Non-recurring financial income 76B €6,723 €0 -€6,723 -100%
      Financial charges 65/66B €48,858 €78,703 +€29,845 +61.1%
      Recurring financial charges 65 €48,858 €78,703 +€29,845 +61.1%
      Profit (loss) for the period before taxes 9903 €192,706 €47,944 -€144,762 -75.1%
      Profit (loss) for the period 9904 €192,706 €47,944 -€144,762 -75.1%
      Profit (loss) for the period to be appropriated 9905 €192,706 €47,944 -€144,762 -75.1%

      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 23 October 2026 via checked.be.