Bluemont: 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.
Bluemont
Largest movements
- Financial fixed assets +€151,836
up €151,836 (+7,018%), from €2,164 to €153,999
- Receivables within one year -€132,806
down €132,806 (-8.4%), from €1.6m to €1.4m
of which Other amounts receivable: -€154,895
- Tangible fixed assets +€35,680
new in 2025: €35,680
of which Other tangible fixed assets: +€24,571
- Reserves +€155,986
up €155,986 (+12.3%), from €1.3m to €1.4m
- Other debts -€96,837
down €96,837 (-32.5%), from €298,205 to €201,368
- Financial income -€1.5m
down €1.5m (-98.6%), from €1.5m to €21,016
of which Non-recurring financial income: -€1.5m
- Financial charges -€148,015
down €148,015 (-93.7%), from €158,029 to €10,015
of which Non-recurring financial charges: -€152,703
- Gross operating margin +€73,022
up €73,022, from -€5,412 to €67,610
- Other operating charges +€7,079
up €7,079, from €0 to €7,079
- Staff costs +€4,051
up €4,051 (+6.7%), from €60,356 to €64,407
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 | €1,587,470 | €1,656,280 | +€68,810 | +4.3% |
| Fixed assets | 21/28 | €2,164 | €189,680 | +€187,516 | +8,667% |
| Tangible fixed assets | 22/27 | - | €35,680 | +€35,680 | |
| Furniture and vehicles | 24 | - | €11,110 | +€11,110 | |
| Other tangible fixed assets | 26 | - | €24,571 | +€24,571 | |
| Financial fixed assets | 28 | €2,164 | €153,999 | +€151,836 | +7,018% |
| Current assets | 29/58 | €1,585,306 | €1,466,600 | -€118,706 | -7.5% |
| Amounts receivable within one year | 40/41 | €1,572,577 | €1,439,771 | -€132,806 | -8.4% |
| Trade receivables | 40 | €2,737 | €24,826 | +€22,090 | +807% |
| Other amounts receivable | 41 | €1,569,840 | €1,414,944 | -€154,895 | -9.9% |
| Cash at bank and in hand | 54/58 | €12,730 | €26,829 | +€14,100 | +111% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,587,470 | €1,656,280 | +€68,810 | +4.3% |
| Equity | 10/15 | €1,269,375 | €1,425,362 | +€155,986 | +12.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,264,375 | €1,420,362 | +€155,986 | +12.3% |
| Distributable reserves | 133 | €1,264,375 | €1,420,362 | +€155,986 | +12.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €318,095 | €230,918 | -€87,176 | -27.4% |
| Amounts payable within one year | 42/48 | €310,589 | €220,255 | -€90,334 | -29.1% |
| Trade debts | 44 | €296 | €6,146 | +€5,849 | +1,974% |
| Suppliers | 440/4 | €296 | €6,146 | +€5,849 | +1,974% |
| Taxes, remuneration and social security | 45 | €12,087 | €12,741 | +€654 | +5.4% |
| Taxes | 450/3 | - | €2,130 | +€2,130 | |
| Remuneration and social security | 454/9 | €12,087 | €10,611 | -€1,476 | -12.2% |
| Other amounts payable | 47/48 | €298,205 | €201,368 | -€96,837 | -32.5% |
| Accrued charges and deferred income | 492/3 | €7,506 | €10,664 | +€3,157 | +42.1% |
| Remuneration, social security and pensions | 62 | €60,356 | €64,407 | +€4,051 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,508 | +€2,508 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €132 | +€132 | |
| Other operating charges | 640/8 | €0 | €7,079 | +€7,079 | |
| Gross operating margin | 9900 | -€5,412 | €67,610 | +€73,022 | |
| Operating profit (loss) | 9901 | -€65,767 | -€6,516 | +€59,252 | +90.1% |
| Financial income | 75/76B | €1,501,056 | €21,016 | -€1.5m | -98.6% |
| Recurring financial income | 75 | €55 | €21,016 | +€20,961 | +38,412% |
| Non-recurring financial income | 76B | €1,501,001 | €0 | -€1.5m | -100% |
| Financial charges | 65/66B | €158,029 | €10,015 | -€148,015 | -93.7% |
| Recurring financial charges | 65 | €5,326 | €10,015 | +€4,688 | +88.0% |
| Non-recurring financial charges | 66B | €152,703 | €0 | -€152,703 | -100% |
| Profit (loss) for the period before taxes | 9903 | €1,277,259 | €4,486 | -€1.3m | -99.6% |
| Income taxes | 67/77 | - | €335 | +€335 | |
| Profit (loss) for the period | 9904 | €1,277,259 | €4,151 | -€1.3m | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,277,259 | €4,151 | -€1.3m | -99.7% |
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 23 October 2026 via checked.be.