BLUEFIELD CAPITAL: 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.
BLUEFIELD CAPITAL
Largest movements
- Cash -€60,853
down €60,853 (-99.0%), from €61,448 to €595
- Receivables within one year +€52,615
up €52,615 (+2,709%), from €1,942 to €54,557
of which Other amounts receivable: +€54,557
- Other debts -€7,143
no longer reported in 2025 (was €7,143)
- Profit (loss) carried forward -€2,215
down €2,215 (-42.2%), from -€5,253 to -€7,468
- Trade debts +€1,120
new in 2025: €1,120
- Gross operating margin +€3,202
up €3,202 (+67.6%), from -€4,737 to -€1,535
- Financial income +€1,083
new in 2025: €1,083
- Other operating charges +€161
up €161 (+46.3%), from €348 to €508
- Financial charges -€123
down €123 (-73.3%), from €168 to €45
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,390 | €55,152 | -€8,238 | -13.0% |
| Current assets | 29/58 | €63,390 | €55,152 | -€8,238 | -13.0% |
| Amounts receivable within one year | 40/41 | €1,942 | €54,557 | +€52,615 | +2,709% |
| Trade receivables | 40 | €1,942 | - | -€1,942 | |
| Other amounts receivable | 41 | - | €54,557 | +€54,557 | |
| Cash at bank and in hand | 54/58 | €61,448 | €595 | -€60,853 | -99.0% |
| Total equity and liabilities | 10/49 | €63,390 | €55,152 | -€8,238 | -13.0% |
| Equity | 10/15 | €56,247 | €54,032 | -€2,215 | -3.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,253 | -€7,468 | -€2,215 | -42.2% |
| Amounts payable | 17/49 | €7,143 | €1,120 | -€6,023 | -84.3% |
| Amounts payable within one year | 42/48 | €7,143 | €1,120 | -€6,023 | -84.3% |
| Trade debts | 44 | - | €1,120 | +€1,120 | |
| Suppliers | 440/4 | - | €1,120 | +€1,120 | |
| Other amounts payable | 47/48 | €7,143 | - | -€7,143 | |
| Other operating charges | 640/8 | €348 | €508 | +€161 | +46.3% |
| Gross operating margin | 9900 | -€4,737 | -€1,535 | +€3,202 | +67.6% |
| Operating profit (loss) | 9901 | -€5,085 | -€2,044 | +€3,041 | +59.8% |
| Financial income | 75/76B | - | €1,083 | +€1,083 | |
| Recurring financial income | 75 | - | €1,083 | +€1,083 | |
| Financial charges | 65/66B | €168 | €45 | -€123 | -73.3% |
| Recurring financial charges | 65 | €168 | €45 | -€123 | -73.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,253 | -€1,006 | +€4,247 | +80.9% |
| Profit (loss) for the period | 9904 | -€5,253 | -€1,006 | +€4,247 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,253 | -€1,006 | +€4,247 | +80.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.