BlueRabbit: 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.
BlueRabbit
Largest movements
- Cash +€44,944
up €44,944 (+33.3%), from €135,099 to €180,042
mainly Net result for the year (+€47,334) and Other debts (+€13,703)
- Tangible fixed assets +€10,945
up €10,945 (+109.0%), from €10,038 to €20,983
- Receivables within one year +€8,722
up €8,722 (+2759.6%), from €316 to €9,038
of which Other amounts receivable: +€5,108
- Reserves +€47,334
up €47,334 (+71.5%), from €66,192 to €113,526
- Tax, wage and social debts -€15,732
down €15,732 (-75.6%), from €20,808 to €5,076
- Other debts +€13,703
up €13,703 (+26.4%), from €51,830 to €65,533
- Debts after one year +€11,002
up €11,002, from €0 to €11,002
- Current portion of long-term debt +€6,944
up €6,944 (+150.6%), from €4,611 to €11,556
- Gross operating margin +€27,434
up €27,434 (+54.7%), from €50,182 to €77,616
- Taxes +€6,993
up €6,993 (+55.4%), from €12,632 to €19,626
- Depreciation -€6,043
down €6,043 (-84.7%), from €7,133 to €1,090
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 | €145,452 | €210,313 | +€64,860 | +44.6% |
| Fixed assets | 21/28 | €10,038 | €20,983 | +€10,945 | +109.0% |
| Tangible fixed assets | 22/27 | €10,038 | €20,983 | +€10,945 | +109.0% |
| Furniture and vehicles | 24 | €10,038 | €20,983 | +€10,945 | +109.0% |
| Current assets | 29/58 | €135,415 | €189,330 | +€53,915 | +39.8% |
| Amounts receivable within one year | 40/41 | €316 | €9,038 | +€8,722 | +2759.6% |
| Trade receivables | 40 | €316 | €3,930 | +€3,614 | +1143.5% |
| Other amounts receivable | 41 | €0 | €5,108 | +€5,108 | |
| Cash at bank and in hand | 54/58 | €135,099 | €180,042 | +€44,944 | +33.3% |
| Deferred charges and accrued income | 490/1 | €0 | €250 | +€250 | |
| Total equity and liabilities | 10/49 | €145,452 | €210,313 | +€64,860 | +44.6% |
| Equity | 10/15 | €68,192 | €115,526 | +€47,334 | +69.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €66,192 | €113,526 | +€47,334 | +71.5% |
| Distributable reserves | 133 | €66,192 | €113,526 | +€47,334 | +71.5% |
| Amounts payable | 17/49 | €77,260 | €94,787 | +€17,527 | +22.7% |
| Amounts payable after more than one year | 17 | €0 | €11,002 | +€11,002 | |
| Financial debts | 170/4 | €0 | €11,002 | +€11,002 | |
| Amounts payable within one year | 42/48 | €77,260 | €83,785 | +€6,525 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €4,611 | €11,556 | +€6,944 | +150.6% |
| Trade debts | 44 | €11 | €1,620 | +€1,609 | +14368.6% |
| Suppliers | 440/4 | €11 | €1,620 | +€1,609 | +14368.6% |
| Taxes, remuneration and social security | 45 | €20,808 | €5,076 | -€15,732 | -75.6% |
| Taxes | 450/3 | €20,808 | €5,076 | -€15,732 | -75.6% |
| Other amounts payable | 47/48 | €51,830 | €65,533 | +€13,703 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,133 | €1,090 | -€6,043 | -84.7% |
| Other operating charges | 640/8 | €1,248 | €936 | -€311 | -24.9% |
| Non-recurring operating charges | 66A | - | €8,186 | +€8,186 | |
| Gross operating margin | 9900 | €50,182 | €77,616 | +€27,434 | +54.7% |
| Operating profit (loss) | 9901 | €41,802 | €67,404 | +€25,602 | +61.2% |
| Financial charges | 65/66B | €218 | €444 | +€226 | +104.0% |
| Recurring financial charges | 65 | €218 | €444 | +€226 | +104.0% |
| Profit (loss) for the period before taxes | 9903 | €41,584 | €66,960 | +€25,376 | +61.0% |
| Income taxes | 67/77 | €12,632 | €19,626 | +€6,993 | +55.4% |
| Profit (loss) for the period | 9904 | €28,952 | €47,334 | +€18,382 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,952 | €47,334 | +€18,382 | +63.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.