BLUEROCK CAPITAL: 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.
BLUEROCK CAPITAL
Largest movements
- Cash -€58,806
down €58,806 (-39.5%), from €148,881 to €90,075
mainly Contributions, distributions and other (-€206,000) and Tax, wage and social debts (-€17,432)
- Receivables within one year -€12,431
down €12,431 (-85.1%), from €14,611 to €2,180
- Tangible fixed assets +€8,941
up €8,941 (+517.1%), from €1,729 to €10,670
- Profit (loss) carried forward -€106,479
down €106,479 (-54.5%), from €195,304 to €88,825
- Other debts +€61,225
up €61,225 (+1063.5%), from €5,757 to €66,982
- Tax, wage and social debts -€17,432
down €17,432 (-47.5%), from €36,721 to €19,289
- Gross operating margin -€14,178
down €14,178 (-12.6%), from €112,444 to €98,266
- Financial income +€5,998
up €5,998 (+25.0%), from €24,002 to €30,000
- Depreciation +€1,856
up €1,856 (+335.6%), from €553 to €2,409
- Taxes +€1,505
up €1,505 (+6.2%), from €24,202 to €25,707
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 | €243,221 | €180,925 | -€62,296 | -25.6% |
| Fixed assets | 21/28 | €79,729 | €88,670 | +€8,941 | +11.2% |
| Tangible fixed assets | 22/27 | €1,729 | €10,670 | +€8,941 | +517.1% |
| Furniture and vehicles | 24 | €1,729 | €10,670 | +€8,941 | +517.1% |
| Financial fixed assets | 28 | €78,000 | €78,000 | = | 0.0% |
| Current assets | 29/58 | €163,492 | €92,255 | -€71,237 | -43.6% |
| Amounts receivable within one year | 40/41 | €14,611 | €2,180 | -€12,431 | -85.1% |
| Trade receivables | 40 | €14,611 | €2,180 | -€12,431 | -85.1% |
| Cash at bank and in hand | 54/58 | €148,881 | €90,075 | -€58,806 | -39.5% |
| Total equity and liabilities | 10/49 | €243,221 | €180,925 | -€62,296 | -25.6% |
| Equity | 10/15 | €197,804 | €91,325 | -€106,479 | -53.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,304 | €88,825 | -€106,479 | -54.5% |
| Amounts payable | 17/49 | €45,417 | €89,600 | +€44,183 | +97.3% |
| Amounts payable within one year | 42/48 | €45,290 | €89,520 | +€44,230 | +97.7% |
| Trade debts | 44 | €2,812 | €3,249 | +€437 | +15.5% |
| Suppliers | 440/4 | €2,812 | €3,249 | +€437 | +15.5% |
| Taxes, remuneration and social security | 45 | €36,721 | €19,289 | -€17,432 | -47.5% |
| Taxes | 450/3 | €36,721 | €19,289 | -€17,432 | -47.5% |
| Other amounts payable | 47/48 | €5,757 | €66,982 | +€61,225 | +1063.5% |
| Accrued charges and deferred income | 492/3 | €127 | €80 | -€47 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €553 | €2,409 | +€1,856 | +335.6% |
| Other operating charges | 640/8 | €203 | €545 | +€342 | +168.5% |
| Gross operating margin | 9900 | €112,444 | €98,266 | -€14,178 | -12.6% |
| Operating profit (loss) | 9901 | €111,688 | €95,312 | -€16,376 | -14.7% |
| Financial income | 75/76B | €24,002 | €30,000 | +€5,998 | +25.0% |
| Recurring financial income | 75 | €24,002 | €30,000 | +€5,998 | +25.0% |
| Financial charges | 65/66B | €143 | €84 | -€59 | -41.3% |
| Recurring financial charges | 65 | €143 | €84 | -€59 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €135,547 | €125,228 | -€10,319 | -7.6% |
| Income taxes | 67/77 | €24,202 | €25,707 | +€1,505 | +6.2% |
| Profit (loss) for the period | 9904 | €111,345 | €99,521 | -€11,824 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €111,345 | €99,521 | -€11,824 | -10.6% |
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 12 October 2026 via checked.be.