BLUEGREENPROJECTS: 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.
BLUEGREENPROJECTS
Largest movements
- Current investments +€170,000
new in 2025: €170,000
- Cash -€112,505
down €112,505 (-54.5%), from €206,602 to €94,098
mainly Current investments (-€170,000) and Contributions, distributions and other (-€107,034)
- Receivables after one year -€50,573
down €50,573 (-50.3%), from €100,573 to €50,000
- Receivables within one year +€41,531
up €41,531 (+169.3%), from €24,525 to €66,055
of which Trade receivables: +€43,510
- Other debts +€49,323
up €49,323 (+79.0%), from €62,421 to €111,743
- Gross operating margin +€43,394
up €43,394 (+39.8%), from €108,922 to €152,317
- Taxes +€12,743
up €12,743 (+40.9%), from €31,133 to €43,876
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 | €366,900 | €415,885 | +€48,985 | +13.4% |
| Fixed assets | 21/28 | €35,200 | €32,928 | -€2,272 | -6.5% |
| Tangible fixed assets | 22/27 | €15,200 | €12,928 | -€2,272 | -14.9% |
| Land and buildings | 22 | €13,991 | €12,550 | -€1,441 | -10.3% |
| Furniture and vehicles | 24 | €1,209 | €378 | -€831 | -68.7% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €331,700 | €382,956 | +€51,256 | +15.5% |
| Amounts receivable after more than one year | 29 | €100,573 | €50,000 | -€50,573 | -50.3% |
| Other amounts receivable | 291 | €100,573 | €50,000 | -€50,573 | -50.3% |
| Amounts receivable within one year | 40/41 | €24,525 | €66,055 | +€41,531 | +169.3% |
| Trade receivables | 40 | €17,545 | €61,055 | +€43,510 | +248.0% |
| Other amounts receivable | 41 | €6,980 | €5,000 | -€1,980 | -28.4% |
| Current investments | 50/53 | - | €170,000 | +€170,000 | |
| Cash at bank and in hand | 54/58 | €206,602 | €94,098 | -€112,505 | -54.5% |
| Deferred charges and accrued income | 490/1 | - | €2,803 | +€2,803 | |
| Total equity and liabilities | 10/49 | €366,900 | €415,885 | +€48,985 | +13.4% |
| Equity | 10/15 | €279,215 | €277,850 | -€1,365 | -0.5% |
| Contributions | 10/11 | €700 | €700 | = | 0.0% |
| Reserves | 13 | €278,515 | €277,150 | -€1,365 | -0.5% |
| Tax-exempt reserves | 132 | €78 | €78 | = | 0.0% |
| Distributable reserves | 133 | €278,436 | €277,071 | -€1,365 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,685 | €138,035 | +€50,350 | +57.4% |
| Amounts payable within one year | 42/48 | €87,685 | €138,035 | +€50,350 | +57.4% |
| Trade debts | 44 | €511 | €391 | -€121 | -23.6% |
| Suppliers | 440/4 | €511 | €391 | -€121 | -23.6% |
| Taxes, remuneration and social security | 45 | €24,753 | €25,901 | +€1,148 | +4.6% |
| Taxes | 450/3 | €21,653 | €25,901 | +€4,248 | +19.6% |
| Remuneration and social security | 454/9 | €3,100 | €0 | -€3,100 | -100.0% |
| Other amounts payable | 47/48 | €62,421 | €111,743 | +€49,323 | +79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,389 | €2,272 | +€882 | +63.5% |
| Other operating charges | 640/8 | €1,444 | €2,455 | +€1,011 | +70.0% |
| Gross operating margin | 9900 | €108,922 | €152,317 | +€43,394 | +39.8% |
| Operating profit (loss) | 9901 | €106,090 | €147,591 | +€41,501 | +39.1% |
| Financial income | 75/76B | €3,104 | €2,195 | -€908 | -29.3% |
| Recurring financial income | 75 | €3,104 | €2,195 | -€908 | -29.3% |
| Financial charges | 65/66B | €176 | €241 | +€65 | +37.1% |
| Recurring financial charges | 65 | €176 | €241 | +€65 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €109,017 | €149,545 | +€40,527 | +37.2% |
| Income taxes | 67/77 | €31,133 | €43,876 | +€12,743 | +40.9% |
| Profit (loss) for the period | 9904 | €77,884 | €105,669 | +€27,784 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €77,884 | €105,669 | +€27,784 | +35.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.