BLUESPARKS: 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.
BLUESPARKS
Largest movements
- Current investments +€29,644
up €29,644 (+352.9%), from €8,400 to €38,044
- Receivables within one year +€17,743
up €17,743 (+25499.8%), from €70 to €17,812
of which Trade receivables: +€17,521
- Cash -€8,043
down €8,043 (-12.6%), from €64,000 to €55,957
mainly Current investments (-€29,644) and Receivables within one year (-€17,743)
- Tangible fixed assets +€2,941
up €2,941 (+32.7%), from €8,994 to €11,935
of which Plant, machinery and equipment: +€6,488
- Profit (loss) carried forward +€42,922
up €42,922 (+59.8%), from €71,766 to €114,688
- Gross operating margin -€31,090
down €31,090 (-32.5%), from €95,595 to €64,505
- Taxes -€2,946
down €2,946 (-14.7%), from €20,095 to €17,149
- Depreciation +€2,047
up €2,047 (+124.4%), from €1,645 to €3,692
- Other operating charges -€1,098
down €1,098 (-67.5%), from €1,626 to €528
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 | €82,644 | €125,779 | +€43,135 | +52.2% |
| Fixed assets | 21/28 | €8,994 | €11,935 | +€2,941 | +32.7% |
| Tangible fixed assets | 22/27 | €8,994 | €11,935 | +€2,941 | +32.7% |
| Plant, machinery and equipment | 23 | - | €6,488 | +€6,488 | |
| Furniture and vehicles | 24 | €8,994 | €5,448 | -€3,546 | -39.4% |
| Current assets | 29/58 | €73,650 | €113,844 | +€40,193 | +54.6% |
| Amounts receivable within one year | 40/41 | €70 | €17,812 | +€17,743 | +25499.8% |
| Trade receivables | 40 | €43 | €17,564 | +€17,521 | +40878.9% |
| Other amounts receivable | 41 | €27 | €249 | +€222 | +831.1% |
| Current investments | 50/53 | €8,400 | €38,044 | +€29,644 | +352.9% |
| Cash at bank and in hand | 54/58 | €64,000 | €55,957 | -€8,043 | -12.6% |
| Deferred charges and accrued income | 490/1 | €1,181 | €2,030 | +€849 | +71.9% |
| Total equity and liabilities | 10/49 | €82,644 | €125,779 | +€43,135 | +52.2% |
| Equity | 10/15 | €73,766 | €116,688 | +€42,922 | +58.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,766 | €114,688 | +€42,922 | +59.8% |
| Amounts payable | 17/49 | €8,878 | €9,090 | +€212 | +2.4% |
| Amounts payable within one year | 42/48 | €8,878 | €9,090 | +€212 | +2.4% |
| Financial debts | 43 | €33 | €444 | +€411 | +1252.1% |
| Credit institutions | 430/8 | €33 | €444 | +€411 | +1252.1% |
| Trade debts | 44 | €42 | €407 | +€365 | +868.7% |
| Suppliers | 440/4 | €42 | €407 | +€365 | +868.7% |
| Taxes, remuneration and social security | 45 | €8,803 | €8,240 | -€563 | -6.4% |
| Taxes | 450/3 | €8,803 | €8,240 | -€563 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,645 | €3,692 | +€2,047 | +124.4% |
| Other operating charges | 640/8 | €1,626 | €528 | -€1,098 | -67.5% |
| Gross operating margin | 9900 | €95,595 | €64,505 | -€31,090 | -32.5% |
| Operating profit (loss) | 9901 | €92,324 | €60,285 | -€32,038 | -34.7% |
| Financial income | 75/76B | €43 | €273 | +€230 | +528.9% |
| Recurring financial income | 75 | €43 | €273 | +€230 | +528.9% |
| Financial charges | 65/66B | €506 | €487 | -€19 | -3.8% |
| Recurring financial charges | 65 | €506 | €487 | -€19 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €91,861 | €60,072 | -€31,789 | -34.6% |
| Income taxes | 67/77 | €20,095 | €17,149 | -€2,946 | -14.7% |
| Profit (loss) for the period | 9904 | €71,766 | €42,922 | -€28,843 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,766 | €42,922 | -€28,843 | -40.2% |
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.