BLUESETTE: what changed
BLUESETTE
Largest movements
- Receivables within one year -€1,995
down €1,995 (-100%), from €1,995 to €0
of which Trade receivables: -€1,995
- Stocks and contracts -€955
down €955 (-29.8%), from €3,205 to €2,250
- Tangible fixed assets -€612
down €612 (-16.4%), from €3,727 to €3,115
of which Other tangible fixed assets: -€336
- Profit (loss) carried forward -€11,306
down €11,306 (-14.3%), from -€79,036 to -€90,342
- Other debts +€9,781
up €9,781 (+53.8%), from €18,192 to €27,973
- Trade debts -€2,704
down €2,704 (-24.5%), from €11,044 to €8,340
- Tax, wage and social debts +€617
up €617 (+5.0%), from €12,244 to €12,861
of which Remuneration and social security: +€390
- Gross operating margin +€14,430
up €14,430 (+26.3%), from €54,846 to €69,276
- Staff costs +€6,447
up €6,447 (+9.4%), from €68,439 to €74,886
- Financial charges -€790
down €790 (-49.4%), from €1,598 to €808
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,645 | €9,032 | -€3,613 | -28.6% |
| Fixed assets | 21/28 | €3,727 | €3,115 | -€612 | -16.4% |
| Tangible fixed assets | 22/27 | €3,727 | €3,115 | -€612 | -16.4% |
| Plant, machinery and equipment | 23 | €621 | €345 | -€276 | -44.4% |
| Other tangible fixed assets | 26 | €3,106 | €2,770 | -€336 | -10.8% |
| Current assets | 29/58 | €8,918 | €5,917 | -€3,001 | -33.6% |
| Stocks and contracts in progress | 3 | €3,205 | €2,250 | -€955 | -29.8% |
| Stocks | 30/36 | €3,205 | €2,250 | -€955 | -29.8% |
| Amounts receivable within one year | 40/41 | €1,995 | €0 | -€1,995 | -100% |
| Trade receivables | 40 | €1,995 | €0 | -€1,995 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,718 | €3,667 | -€51 | -1.4% |
| Total equity and liabilities | 10/49 | €12,645 | €9,032 | -€3,613 | -28.6% |
| Equity | 10/15 | -€60,436 | -€71,742 | -€11,306 | -18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,036 | -€90,342 | -€11,306 | -14.3% |
| Amounts payable | 17/49 | €73,080 | €80,774 | +€7,693 | +10.5% |
| Amounts payable after more than one year | 17 | €31,600 | €31,600 | = | 0.0% |
| Financial debts | 170/4 | €31,600 | €31,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,480 | €49,174 | +€7,693 | +18.5% |
| Trade debts | 44 | €11,044 | €8,340 | -€2,704 | -24.5% |
| Suppliers | 440/4 | €11,044 | €8,340 | -€2,704 | -24.5% |
| Taxes, remuneration and social security | 45 | €12,244 | €12,861 | +€617 | +5.0% |
| Taxes | 450/3 | €4,507 | €4,734 | +€227 | +5.0% |
| Remuneration and social security | 454/9 | €7,738 | €8,128 | +€390 | +5.0% |
| Other amounts payable | 47/48 | €18,192 | €27,973 | +€9,781 | +53.8% |
| Remuneration, social security and pensions | 62 | €68,439 | €74,886 | +€6,447 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €612 | +€84 | +15.8% |
| Other operating charges | 640/8 | €4,882 | €5,039 | +€157 | +3.2% |
| Gross operating margin | 9900 | €54,846 | €69,276 | +€14,430 | +26.3% |
| Operating profit (loss) | 9901 | -€19,003 | -€11,261 | +€7,742 | +40.7% |
| Financial income | 75/76B | €105 | €763 | +€658 | +624% |
| Recurring financial income | 75 | €105 | €763 | +€658 | +624% |
| Financial charges | 65/66B | €1,598 | €808 | -€790 | -49.4% |
| Recurring financial charges | 65 | €1,598 | €808 | -€790 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,496 | -€11,306 | +€9,190 | +44.8% |
| Profit (loss) for the period | 9904 | -€20,496 | -€11,306 | +€9,190 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,496 | -€11,306 | +€9,190 | +44.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.