BLUGRI SOFTWARE + SERVICES: 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.
BLUGRI SOFTWARE + SERVICES
Largest movements
- Cash +€76,978
up €76,978 (+200.1%), from €38,469 to €115,447
mainly Net result for the year (+€48,988) and Current investments (+€19,848)
- Current investments -€19,848
down €19,848 (-9.5%), from €209,283 to €189,436
- Receivables within one year -€17,137
down €17,137 (-50.0%), from €34,300 to €17,162
of which Trade receivables: -€17,618
- Deferred charges and accrued income -€7,698
down €7,698 (-30.9%), from €24,875 to €17,176
- Reserves +€48,988
up €48,988 (+19.8%), from €246,933 to €295,920
of which Distributable reserves: +€48,988
- Other debts -€22,030
down €22,030 (-72.0%), from €30,593 to €8,562
- Tax, wage and social debts +€4,021
up €4,021 (+26.9%), from €14,927 to €18,948
- Gross operating margin -€23,716
down €23,716 (-27.9%), from €85,156 to €61,439
- Write-downs -€15,022
down €15,022 (-100.0%), from €15,022 to €0
- Taxes -€1,313
down €1,313 (-6.2%), from €21,079 to €19,766
- Financial income +€1,099
up €1,099 (+11.8%), from €9,302 to €10,401
- Financial charges -€1,076
down €1,076 (-31.8%), from €3,380 to €2,304
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 | €306,927 | €339,223 | +€32,296 | +10.5% |
| Fixed assets | 21/28 | €0 | €1 | +€1 | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | - | €1 | +€1 | |
| Current assets | 29/58 | €306,927 | €339,222 | +€32,295 | +10.5% |
| Amounts receivable within one year | 40/41 | €34,300 | €17,162 | -€17,137 | -50.0% |
| Trade receivables | 40 | €30,767 | €13,149 | -€17,618 | -57.3% |
| Other amounts receivable | 41 | €3,533 | €4,013 | +€480 | +13.6% |
| Current investments | 50/53 | €209,283 | €189,436 | -€19,848 | -9.5% |
| Cash at bank and in hand | 54/58 | €38,469 | €115,447 | +€76,978 | +200.1% |
| Deferred charges and accrued income | 490/1 | €24,875 | €17,176 | -€7,698 | -30.9% |
| Total equity and liabilities | 10/49 | €306,927 | €339,223 | +€32,296 | +10.5% |
| Equity | 10/15 | €259,333 | €308,320 | +€48,988 | +18.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €246,933 | €295,920 | +€48,988 | +19.8% |
| Tax-exempt reserves | 132 | €9,466 | €9,466 | = | 0.0% |
| Distributable reserves | 133 | €237,467 | €286,454 | +€48,988 | +20.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,594 | €30,902 | -€16,692 | -35.1% |
| Amounts payable within one year | 42/48 | €47,594 | €30,902 | -€16,692 | -35.1% |
| Financial debts | 43 | €1,455 | €1,478 | +€23 | +1.6% |
| Credit institutions | 430/8 | €1,455 | €1,478 | +€23 | +1.6% |
| Trade debts | 44 | €620 | €1,915 | +€1,295 | +208.9% |
| Suppliers | 440/4 | €620 | €1,915 | +€1,295 | +208.9% |
| Taxes, remuneration and social security | 45 | €14,927 | €18,948 | +€4,021 | +26.9% |
| Taxes | 450/3 | €14,927 | €18,948 | +€4,021 | +26.9% |
| Other amounts payable | 47/48 | €30,593 | €8,562 | -€22,030 | -72.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | €0 | -€29 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,022 | €0 | -€15,022 | -100.0% |
| Other operating charges | 640/8 | €387 | €782 | +€395 | +102.0% |
| Gross operating margin | 9900 | €85,156 | €61,439 | -€23,716 | -27.9% |
| Operating profit (loss) | 9901 | €69,718 | €60,657 | -€9,061 | -13.0% |
| Financial income | 75/76B | €9,302 | €10,401 | +€1,099 | +11.8% |
| Recurring financial income | 75 | €9,302 | €10,401 | +€1,099 | +11.8% |
| Financial charges | 65/66B | €3,380 | €2,304 | -€1,076 | -31.8% |
| Recurring financial charges | 65 | €3,380 | €2,304 | -€1,076 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €75,640 | €68,754 | -€6,886 | -9.1% |
| Income taxes | 67/77 | €21,079 | €19,766 | -€1,313 | -6.2% |
| Profit (loss) for the period | 9904 | €54,561 | €48,988 | -€5,573 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,561 | €48,988 | -€5,573 | -10.2% |
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.