BlueIT Services: 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.
BlueIT Services
Largest movements
- Cash -€62,488
down €62,488 (-75.1%), from €83,156 to €20,667
mainly Other debts (-€285,000) and Debts after one year (-€55,472)
- Tangible fixed assets -€37,831
down €37,831 (-2.8%), from €1.4m to €1.3m
of which Land and buildings: -€19,938
- Receivables within one year -€25,424
down €25,424 (-24.0%), from €105,791 to €80,367
of which Trade receivables: -€38,992
- Other debts -€285,000
down €285,000 (-45.0%), from €633,537 to €348,537
- Reserves +€187,435
up €187,435 (+159%), from €117,797 to €305,232
- Debts after one year -€55,472
down €55,472 (-8.0%), from €692,038 to €636,566
- Tax, wage and social debts +€45,094
up €45,094 (+105%), from €42,904 to €87,998
of which Taxes: +€40,984
- Trade debts -€18,648
down €18,648 (-81.0%), from €23,009 to €4,361
- Gross operating margin +€239,133
up €239,133 (+95.7%), from €249,960 to €489,093
- Taxes +€60,097
up €60,097 (+1,694%), from €3,548 to €63,645
- Financial charges -€5,017
down €5,017 (-8.4%), from €59,629 to €54,612
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 | €1,563,908 | €1,438,165 | -€125,743 | -8.0% |
| Fixed assets | 21/28 | €1,374,890 | €1,337,059 | -€37,831 | -2.8% |
| Tangible fixed assets | 22/27 | €1,374,890 | €1,337,059 | -€37,831 | -2.8% |
| Land and buildings | 22 | €1,305,540 | €1,285,602 | -€19,938 | -1.5% |
| Plant, machinery and equipment | 23 | €23,293 | €16,541 | -€6,752 | -29.0% |
| Furniture and vehicles | 24 | €46,057 | €34,916 | -€11,141 | -24.2% |
| Current assets | 29/58 | €189,018 | €101,106 | -€87,913 | -46.5% |
| Amounts receivable within one year | 40/41 | €105,791 | €80,367 | -€25,424 | -24.0% |
| Trade receivables | 40 | €101,551 | €62,560 | -€38,992 | -38.4% |
| Other amounts receivable | 41 | €4,239 | €17,807 | +€13,567 | +320% |
| Cash at bank and in hand | 54/58 | €83,156 | €20,667 | -€62,488 | -75.1% |
| Deferred charges and accrued income | 490/1 | €72 | €72 | +€0 | +0.3% |
| Total equity and liabilities | 10/49 | €1,563,908 | €1,438,165 | -€125,743 | -8.0% |
| Equity | 10/15 | €117,797 | €305,232 | +€187,435 | +159% |
| Reserves | 13 | €117,797 | €305,232 | +€187,435 | +159% |
| Distributable reserves | 133 | €117,797 | €305,232 | +€187,435 | +159% |
| Amounts payable | 17/49 | €1,446,112 | €1,132,933 | -€313,178 | -21.7% |
| Amounts payable after more than one year | 17 | €692,038 | €636,566 | -€55,472 | -8.0% |
| Financial debts | 170/4 | €692,038 | €636,566 | -€55,472 | -8.0% |
| Amounts payable within one year | 42/48 | €754,074 | €496,367 | -€257,707 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €54,624 | €55,472 | +€848 | +1.6% |
| Trade debts | 44 | €23,009 | €4,361 | -€18,648 | -81.0% |
| Suppliers | 440/4 | €23,009 | €4,361 | -€18,648 | -81.0% |
| Taxes, remuneration and social security | 45 | €42,904 | €87,998 | +€45,094 | +105% |
| Taxes | 450/3 | €24,704 | €65,688 | +€40,984 | +166% |
| Remuneration and social security | 454/9 | €18,200 | €22,310 | +€4,110 | +22.6% |
| Other amounts payable | 47/48 | €633,537 | €348,537 | -€285,000 | -45.0% |
| Remuneration, social security and pensions | 62 | €114,617 | €113,075 | -€1,542 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,149 | €65,367 | +€1,218 | +1.9% |
| Other operating charges | 640/8 | €3,022 | €5,073 | +€2,052 | +67.9% |
| Gross operating margin | 9900 | €249,960 | €489,093 | +€239,133 | +95.7% |
| Operating profit (loss) | 9901 | €68,172 | €305,578 | +€237,405 | +348% |
| Financial income | 75/76B | €0 | €115 | +€115 | |
| Recurring financial income | 75 | €0 | €115 | +€115 | |
| Financial charges | 65/66B | €59,629 | €54,612 | -€5,017 | -8.4% |
| Recurring financial charges | 65 | €59,629 | €54,612 | -€5,017 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €8,544 | €251,080 | +€242,537 | +2,839% |
| Income taxes | 67/77 | €3,548 | €63,645 | +€60,097 | +1,694% |
| Profit (loss) for the period | 9904 | €4,996 | €187,435 | +€182,439 | +3,652% |
| Profit (loss) for the period to be appropriated | 9905 | €4,996 | €187,435 | +€182,439 | +3,652% |
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 27 October 2026 via checked.be.