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BluJay Solutions: 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.

What changed

BluJay Solutions

BE 0459.911.543
NACE 70.200, Business and other management consultancy
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€121,477
2025 · €25,423-€146,900
Equity
€478,441
2025 · €599,918-€121,477
Cash
€1.1m
2025 · €1.2m-€137,835
Balance sheet total
€1.2m
2025 · €1.5m-€386,897

Largest movements

2025 to 2026
Assets
  • Receivables within one year -€249,062

    down €249,062 (-76.8%), from €324,506 to €75,444

    of which Trade receivables: -€197,191

  • Cash -€137,835

    down €137,835 (-11.4%), from €1.2m to €1.1m

    mainly Accrued charges and deferred income (-€166,538) and Net result for the year (-€121,477)

Equity and liabilities
  • Accrued charges and deferred income -€166,538

    down €166,538 (-96.1%), from €173,318 to €6,780

  • Profit (loss) carried forward -€121,477

    down €121,477 (-23.7%), from €511,918 to €390,441

  • Other debts -€80,747

    down €80,747 (-10.9%), from €737,704 to €656,957

  • Tax, wage and social debts -€20,745

    down €20,745 (-100.0%), from €20,745 to €0

Income statement
  • Turnover -€1.1m

    down €1.1m (-81.7%), from €1.4m to €252,561

  • Purchases and services -€828,819

    down €828,819 (-65.1%), from €1.3m to €444,907

  • Gross operating margin -€300,046

    down €300,046, from €107,700 to -€192,346

  • Write-downs -€129,957

    down €129,957, from €66,279 to -€63,678

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 €25,423
Gross operating margin -€300,046
Write-downs +€129,957
Other operating charges -€592
Financial income +€9,218
Financial charges +€5,493
Taxes +€9,070
Result 2026 -€121,477

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€137,835
Investment €0
Financing €0
Cash 2025 €1.2m
Net result for the year -€121,477
Receivables within one year +€249,062
Trade debts +€2,610
Tax, wage and social debts -€20,745
Other debts -€80,747
Accrued charges and deferred income -€166,538
Cash 2026 €1.1m
Every line side by side 38 lines
Line Code 2025 2026 Change %
Total assets 20/58 €1,538,441 €1,151,544 -€386,897 -25.1%
Current assets 29/58 €1,538,441 €1,151,544 -€386,897 -25.1%
Amounts receivable within one year 40/41 €324,506 €75,444 -€249,062 -76.8%
Trade receivables 40 €226,550 €29,359 -€197,191 -87.0%
Other amounts receivable 41 €97,956 €46,085 -€51,871 -53.0%
Cash at bank and in hand 54/58 €1,213,161 €1,075,326 -€137,835 -11.4%
Deferred charges and accrued income 490/1 €774 €774 = 0.0%
Total equity and liabilities 10/49 €1,538,441 €1,151,544 -€386,897 -25.1%
Equity 10/15 €599,918 €478,441 -€121,477 -20.2%
Contributions 10/11 €80,000 €80,000 = 0.0%
Capital 10 €80,000 €80,000 = 0.0%
Issued capital 100 €80,000 €80,000 = 0.0%
Reserves 13 €8,000 €8,000 = 0.0%
Non-distributable reserves 130/1 €8,000 €8,000 = 0.0%
Legal reserve 130 €8,000 €8,000 = 0.0%
Profit (loss) carried forward 14 €511,918 €390,441 -€121,477 -23.7%
Amounts payable 17/49 €938,523 €673,103 -€265,420 -28.3%
Amounts payable within one year 42/48 €765,205 €666,323 -€98,882 -12.9%
Trade debts 44 €6,756 €9,366 +€2,610 +38.6%
Suppliers 440/4 €6,756 €9,366 +€2,610 +38.6%
Taxes, remuneration and social security 45 €20,745 €0 -€20,745 -100.0%
Taxes 450/3 €20,745 €0 -€20,745 -100.0%
Other amounts payable 47/48 €737,704 €656,957 -€80,747 -10.9%
Accrued charges and deferred income 492/3 €173,318 €6,780 -€166,538 -96.1%
Turnover 70 €1,381,426 €252,561 -€1.1m -81.7%
Goods, raw materials, services and sundry goods 60/61 €1,273,726 €444,907 -€828,819 -65.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €66,279 -€63,678 -€129,957
Other operating charges 640/8 €191 €783 +€592 +309.9%
Gross operating margin 9900 €107,700 -€192,346 -€300,046
Operating profit (loss) 9901 €41,230 -€129,451 -€170,681
Financial income 75/76B €6,474 €15,692 +€9,218 +142.4%
Recurring financial income 75 €6,474 €15,692 +€9,218 +142.4%
Financial charges 65/66B €13,211 €7,718 -€5,493 -41.6%
Recurring financial charges 65 €13,211 €7,718 -€5,493 -41.6%
Profit (loss) for the period before taxes 9903 €34,493 -€121,477 -€155,970
Income taxes 67/77 €9,070 - -€9,070
Profit (loss) for the period 9904 €25,423 -€121,477 -€146,900
Profit (loss) for the period to be appropriated 9905 €25,423 -€121,477 -€146,900

Source: filed annual accounts (NBB), fiscal years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.