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BLUEDEV: 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.

What changed

BLUEDEV

BE 0740.694.275
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€400
2024 · -€616+€1,016
Equity
€136
2024 · €464-€328
Cash
€136
2024 · €590-€453
Balance sheet total
€136
2024 · €864-€727

Largest movements

2024 to 2025
Assets
  • Cash -€453

    down €453 (-76.9%), from €590 to €136

    mainly Contributions, distributions and other (-€728) and Trade debts (-€399)

  • Receivables within one year -€274

    no longer reported in 2025 (was €274)

Equity and liabilities
  • Trade debts -€399

    no longer reported in 2025 (was €399)

  • Profit (loss) carried forward -€328

    down €328 (-5.7%), from -€5,736 to -€6,064

Income statement
  • Gross operating margin +€863

    up €863, from -€463 to €400

  • Financial charges -€153

    no longer reported in 2025 (was €153)

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 -€616
Gross operating margin +€863
Financial charges +€153
Result 2025 €400

Cash bridge derived

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 +€274
Investment €0
Financing -€728
Cash 2024 €590
Net result for the year +€400
Receivables within one year +€274
Trade debts -€399
Contributions, distributions and other -€728
Cash 2025 €136
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €864 €136 -€727 -84.2%
Current assets 29/58 €864 €136 -€727 -84.2%
Amounts receivable within one year 40/41 €274 - -€274
Other amounts receivable 41 €274 - -€274
Cash at bank and in hand 54/58 €590 €136 -€453 -76.9%
Total equity and liabilities 10/49 €864 €136 -€727 -84.2%
Equity 10/15 €464 €136 -€328 -70.6%
Contributions 10/11 €6,200 €6,200 = 0.0%
Capital 10 €6,200 €6,200 = 0.0%
Issued capital 100 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€5,736 -€6,064 -€328 -5.7%
Amounts payable 17/49 €399 - -€399
Amounts payable within one year 42/48 €399 - -€399
Trade debts 44 €399 - -€399
Suppliers 440/4 €399 - -€399
Non-recurring operating income 76A - €400 +€400
Gross operating margin 9900 -€463 €400 +€863
Operating profit (loss) 9901 -€463 €400 +€863
Financial charges 65/66B €153 - -€153
Recurring financial charges 65 €153 - -€153
Profit (loss) for the period before taxes 9903 -€616 €400 +€1,016
Profit (loss) for the period 9904 -€616 €400 +€1,016
Profit (loss) for the period to be appropriated 9905 -€616 €400 +€1,016

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.