BLUEPRINT MASTERS: 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.
BLUEPRINT MASTERS
Largest movements
- Receivables within one year -€55,392
down €55,392 (-79.6%), from €69,629 to €14,237
of which Trade receivables: -€52,392
- Cash +€52,857
up €52,857 (+105%), from €50,351 to €103,208
mainly Receivables within one year (+€55,392) and Net result for the year (+€50,077)
- Current investments +€27,608
up €27,608 (+41.8%), from €66,000 to €93,608
- Tangible fixed assets +€3,961
up €3,961 (+3.6%), from €110,602 to €114,563
of which Furniture and vehicles: +€2,799
- Reserves +€43,077
up €43,077 (+49.6%), from €86,796 to €129,873
of which Distributable reserves: +€43,077
- Debts after one year -€15,638
down €15,638 (-43.1%), from €36,295 to €20,657
- Trade debts +€4,697
up €4,697 (+269%), from €1,744 to €6,441
- Gross operating margin +€12,086
up €12,086 (+17.1%), from €70,571 to €82,657
- Taxes +€6,148
up €6,148 (+51.0%), from €12,064 to €18,212
- Depreciation +€1,742
up €1,742 (+25.7%), from €6,779 to €8,520
- Other operating charges -€1,640
down €1,640 (-52.8%), from €3,107 to €1,467
- Financial charges -€1,373
down €1,373 (-22.5%), from €6,099 to €4,727
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 | €296,583 | €326,024 | +€29,441 | +9.9% |
| Fixed assets | 21/28 | €110,602 | €114,563 | +€3,961 | +3.6% |
| Tangible fixed assets | 22/27 | €110,602 | €114,563 | +€3,961 | +3.6% |
| Land and buildings | 22 | €108,915 | €110,077 | +€1,162 | +1.1% |
| Furniture and vehicles | 24 | €1,687 | €4,487 | +€2,799 | +166% |
| Current assets | 29/58 | €185,981 | €211,461 | +€25,480 | +13.7% |
| Amounts receivable within one year | 40/41 | €69,629 | €14,237 | -€55,392 | -79.6% |
| Trade receivables | 40 | €64,629 | €12,237 | -€52,392 | -81.1% |
| Other amounts receivable | 41 | €5,000 | €2,000 | -€3,000 | -60.0% |
| Current investments | 50/53 | €66,000 | €93,608 | +€27,608 | +41.8% |
| Cash at bank and in hand | 54/58 | €50,351 | €103,208 | +€52,857 | +105% |
| Deferred charges and accrued income | 490/1 | - | €408 | +€408 | |
| Total equity and liabilities | 10/49 | €296,583 | €326,024 | +€29,441 | +9.9% |
| Equity | 10/15 | €199,177 | €242,254 | +€43,077 | +21.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €86,796 | €129,873 | +€43,077 | +49.6% |
| Tax-exempt reserves | 132 | €865 | €865 | = | 0.0% |
| Distributable reserves | 133 | €85,931 | €129,008 | +€43,077 | +50.1% |
| Profit (loss) carried forward | 14 | €104,321 | €104,321 | = | 0.0% |
| Amounts payable | 17/49 | €97,405 | €83,770 | -€13,635 | -14.0% |
| Amounts payable after more than one year | 17 | €36,295 | €20,657 | -€15,638 | -43.1% |
| Financial debts | 170/4 | €36,295 | €20,657 | -€15,638 | -43.1% |
| Amounts payable within one year | 42/48 | €57,547 | €60,805 | +€3,259 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €14,889 | €15,638 | +€749 | +5.0% |
| Trade debts | 44 | €1,744 | €6,441 | +€4,697 | +269% |
| Suppliers | 440/4 | €1,744 | €6,441 | +€4,697 | +269% |
| Taxes, remuneration and social security | 45 | €3,899 | €1,548 | -€2,352 | -60.3% |
| Taxes | 450/3 | €3,899 | €1,548 | -€2,352 | -60.3% |
| Other amounts payable | 47/48 | €37,015 | €37,180 | +€165 | +0.4% |
| Accrued charges and deferred income | 492/3 | €3,563 | €2,307 | -€1,256 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,779 | €8,520 | +€1,742 | +25.7% |
| Other operating charges | 640/8 | €3,107 | €1,467 | -€1,640 | -52.8% |
| Gross operating margin | 9900 | €70,571 | €82,657 | +€12,086 | +17.1% |
| Operating profit (loss) | 9901 | €60,685 | €72,669 | +€11,984 | +19.7% |
| Financial income | 75/76B | €1,069 | €346 | -€723 | -67.6% |
| Recurring financial income | 75 | €1,069 | €346 | -€723 | -67.6% |
| Financial charges | 65/66B | €6,099 | €4,727 | -€1,373 | -22.5% |
| Recurring financial charges | 65 | €6,099 | €4,727 | -€1,373 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €55,655 | €68,289 | +€12,634 | +22.7% |
| Income taxes | 67/77 | €12,064 | €18,212 | +€6,148 | +51.0% |
| Profit (loss) for the period | 9904 | €43,591 | €50,077 | +€6,485 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,591 | €50,077 | +€6,485 | +14.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.