BLUEROCHE: 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.
BLUEROCHE
Largest movements
- Current investments +€2.4m
up €2.4m (+9.8%), from €24.9m to €27.3m
- Cash +€896,358
up €896,358 (+569.5%), from €157,382 to €1.1m
mainly Net result for the year (+€3.4m) and Trade debts (+€24,717)
- Reserves +€3.4m
up €3.4m (+13.8%), from €24.5m to €27.8m
- Financial income +€327,594
up €327,594 (+8.1%), from €4.0m to €4.4m
- Taxes +€91,999
up €91,999 (+18.5%), from €498,234 to €590,233
- Financial charges -€29,404
down €29,404 (-12.0%), from €245,278 to €215,874
- Gross operating margin -€19,146
down €19,146 (-16.9%), from -€113,175 to -€132,321
- Other operating charges +€7,056
up €7,056 (+28.1%), from €25,078 to €32,134
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 | €37,762,953 | €41,082,079 | +€3.3m | +8.8% |
| Fixed assets | 21/28 | €12,707,812 | €12,691,456 | -€16,356 | -0.1% |
| Tangible fixed assets | 22/27 | €248,000 | €231,645 | -€16,356 | -6.6% |
| Land and buildings | 22 | €218,796 | €211,524 | -€7,272 | -3.3% |
| Plant, machinery and equipment | 23 | €8,417 | €5,758 | -€2,659 | -31.6% |
| Furniture and vehicles | 24 | €20,787 | €14,363 | -€6,424 | -30.9% |
| Financial fixed assets | 28 | €12,459,811 | €12,459,811 | = | 0.0% |
| Current assets | 29/58 | €25,055,141 | €28,390,623 | +€3.3m | +13.3% |
| Current investments | 50/53 | €24,889,806 | €27,326,983 | +€2.4m | +9.8% |
| Cash at bank and in hand | 54/58 | €157,382 | €1,053,740 | +€896,358 | +569.5% |
| Deferred charges and accrued income | 490/1 | €7,953 | €9,900 | +€1,946 | +24.5% |
| Total equity and liabilities | 10/49 | €37,762,953 | €41,082,079 | +€3.3m | +8.8% |
| Equity | 10/15 | €36,953,716 | €40,329,153 | +€3.4m | +9.1% |
| Contributions | 10/11 | €12,481,000 | €12,481,000 | = | 0.0% |
| Reserves | 13 | €24,472,716 | €27,848,153 | +€3.4m | +13.8% |
| Distributable reserves | 133 | €24,472,716 | €27,848,153 | +€3.4m | +13.8% |
| Amounts payable | 17/49 | €809,237 | €752,925 | -€56,311 | -7.0% |
| Amounts payable within one year | 42/48 | €805,575 | €747,363 | -€58,212 | -7.2% |
| Trade debts | 44 | €41,054 | €65,771 | +€24,717 | +60.2% |
| Suppliers | 440/4 | €41,054 | €65,771 | +€24,717 | +60.2% |
| Taxes, remuneration and social security | 45 | €716,763 | €638,553 | -€78,210 | -10.9% |
| Taxes | 450/3 | €716,763 | €638,553 | -€78,210 | -10.9% |
| Other amounts payable | 47/48 | €47,758 | €43,039 | -€4,719 | -9.9% |
| Accrued charges and deferred income | 492/3 | €3,661 | €5,562 | +€1,901 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,925 | €16,356 | -€569 | -3.4% |
| Other operating charges | 640/8 | €25,078 | €32,134 | +€7,056 | +28.1% |
| Gross operating margin | 9900 | -€113,175 | -€132,321 | -€19,146 | -16.9% |
| Operating profit (loss) | 9901 | -€155,178 | -€180,810 | -€25,633 | -16.5% |
| Financial income | 75/76B | €4,034,760 | €4,362,354 | +€327,594 | +8.1% |
| Recurring financial income | 75 | €4,034,760 | €4,362,354 | +€327,594 | +8.1% |
| Financial charges | 65/66B | €245,278 | €215,874 | -€29,404 | -12.0% |
| Recurring financial charges | 65 | €245,278 | €215,874 | -€29,404 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €3,634,305 | €3,965,670 | +€331,365 | +9.1% |
| Income taxes | 67/77 | €498,234 | €590,233 | +€91,999 | +18.5% |
| Profit (loss) for the period | 9904 | €3,136,071 | €3,375,437 | +€239,366 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,136,071 | €3,375,437 | +€239,366 | +7.6% |
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 6 October 2026 via checked.be.