BLUELAN: 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.
BLUELAN
Largest movements
- Tangible fixed assets +€94,290
up €94,290 (+28.7%), from €328,771 to €423,061
of which Land and buildings: +€96,529
- Receivables within one year -€9,215
down €9,215 (-55.2%), from €16,694 to €7,479
- Debts after one year +€66,641
up €66,641 (+774.2%), from €8,607 to €75,248
- Other debts +€18,682
up €18,682 (+5.7%), from €329,817 to €348,499
- Tax, wage and social debts -€5,570
down €5,570 (-63.7%), from €8,744 to €3,174
of which Taxes: -€5,529
- Current portion of long-term debt +€4,793
up €4,793 (+232.0%), from €2,066 to €6,858
- Other operating charges +€15,607
up €15,607 (+478.3%), from €3,263 to €18,870
- Depreciation +€10,685
up €10,685 (+186.8%), from €5,719 to €16,403
- Gross operating margin +€7,060
up €7,060 (+22.9%), from €30,855 to €37,915
- Financial charges +€464
up €464 (+56.6%), from €819 to €1,283
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 | €347,704 | €431,625 | +€83,921 | +24.1% |
| Fixed assets | 21/28 | €328,771 | €423,061 | +€94,290 | +28.7% |
| Tangible fixed assets | 22/27 | €328,771 | €423,061 | +€94,290 | +28.7% |
| Land and buildings | 22 | €313,244 | €409,774 | +€96,529 | +30.8% |
| Plant, machinery and equipment | 23 | €15,079 | €13,288 | -€1,792 | -11.9% |
| Furniture and vehicles | 24 | €448 | - | -€448 | |
| Current assets | 29/58 | €18,933 | €8,564 | -€10,369 | -54.8% |
| Amounts receivable within one year | 40/41 | €16,694 | €7,479 | -€9,215 | -55.2% |
| Trade receivables | 40 | €16,694 | €7,479 | -€9,215 | -55.2% |
| Cash at bank and in hand | 54/58 | €2,239 | €1,085 | -€1,154 | -51.6% |
| Total equity and liabilities | 10/49 | €347,704 | €431,625 | +€83,921 | +24.1% |
| Equity | 10/15 | -€3,795 | -€2,819 | +€976 | +25.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,246 | -€23,270 | +€976 | +4.0% |
| Amounts payable | 17/49 | €351,499 | €434,444 | +€82,945 | +23.6% |
| Amounts payable after more than one year | 17 | €8,607 | €75,248 | +€66,641 | +774.2% |
| Financial debts | 170/4 | €8,607 | €75,248 | +€66,641 | +774.2% |
| Amounts payable within one year | 42/48 | €341,392 | €359,195 | +€17,804 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €2,066 | €6,858 | +€4,793 | +232.0% |
| Trade debts | 44 | €766 | €664 | -€101 | -13.2% |
| Suppliers | 440/4 | €766 | €664 | -€101 | -13.2% |
| Taxes, remuneration and social security | 45 | €8,744 | €3,174 | -€5,570 | -63.7% |
| Taxes | 450/3 | €7,518 | €1,988 | -€5,529 | -73.5% |
| Remuneration and social security | 454/9 | €1,226 | €1,186 | -€40 | -3.3% |
| Other amounts payable | 47/48 | €329,817 | €348,499 | +€18,682 | +5.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,719 | €16,403 | +€10,685 | +186.8% |
| Other operating charges | 640/8 | €3,263 | €18,870 | +€15,607 | +478.3% |
| Gross operating margin | 9900 | €30,855 | €37,915 | +€7,060 | +22.9% |
| Operating profit (loss) | 9901 | €21,874 | €2,642 | -€19,232 | -87.9% |
| Financial charges | 65/66B | €819 | €1,283 | +€464 | +56.6% |
| Recurring financial charges | 65 | €819 | €1,283 | +€464 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €21,054 | €1,358 | -€19,696 | -93.5% |
| Income taxes | 67/77 | €304 | €383 | +€79 | +25.9% |
| Profit (loss) for the period | 9904 | €20,750 | €976 | -€19,774 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,750 | €976 | -€19,774 | -95.3% |
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 1 October 2026 via checked.be.