BLUSTONES CONSULTING: 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.
BLUSTONES CONSULTING
Largest movements
- Receivables within one year -€86,269
down €86,269 (-95.0%), from €90,774 to €4,506
- Financial fixed assets +€10,800
new in 2025: €10,800
- Tangible fixed assets -€7,288
down €7,288 (-47.3%), from €15,397 to €8,109
of which Other tangible fixed assets: -€6,521
- Cash +€1,467
up €1,467 (+330%), from €445 to €1,912
mainly Receivables within one year (+€86,269) and Tax, wage and social debts (+€7,595)
- Other debts -€39,000
down €39,000 (-87.8%), from €44,396 to €5,396
- Profit (loss) carried forward -€37,237
down €37,237 (-28.2%), from -€132,116 to -€169,353
- Tax, wage and social debts +€7,595
up €7,595 (+64.6%), from €11,750 to €19,345
- Trade debts -€7,056
down €7,056 (-67.1%), from €10,517 to €3,461
- Accrued charges and deferred income -€4,774
down €4,774 (-71.8%), from €6,646 to €1,872
- Gross operating margin -€38,803
down €38,803, from €18,277 to -€20,526
- Financial charges -€1,984
down €1,984 (-20.0%), from €9,932 to €7,948
- Other operating charges -€867
down €867 (-38.9%), from €2,230 to €1,363
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.
Derived cash bridge
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 | €107,648 | €25,582 | -€82,067 | -76.2% |
| Fixed assets | 21/28 | €15,397 | €18,909 | +€3,512 | +22.8% |
| Tangible fixed assets | 22/27 | €15,397 | €8,109 | -€7,288 | -47.3% |
| Furniture and vehicles | 24 | €2,151 | €1,384 | -€767 | -35.7% |
| Other tangible fixed assets | 26 | €13,247 | €6,726 | -€6,521 | -49.2% |
| Financial fixed assets | 28 | - | €10,800 | +€10,800 | |
| Current assets | 29/58 | €92,251 | €6,672 | -€85,579 | -92.8% |
| Amounts receivable within one year | 40/41 | €90,774 | €4,506 | -€86,269 | -95.0% |
| Trade receivables | 40 | €90,774 | €4,506 | -€86,269 | -95.0% |
| Cash at bank and in hand | 54/58 | €445 | €1,912 | +€1,467 | +330% |
| Deferred charges and accrued income | 490/1 | €1,032 | €254 | -€778 | -75.4% |
| Total equity and liabilities | 10/49 | €107,648 | €25,582 | -€82,067 | -76.2% |
| Equity | 10/15 | -€117,256 | -€154,493 | -€37,237 | -31.8% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Capital | 10 | €13,000 | €13,000 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €5,600 | €5,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,116 | -€169,353 | -€37,237 | -28.2% |
| Amounts payable | 17/49 | €224,904 | €180,075 | -€44,829 | -19.9% |
| Amounts payable within one year | 42/48 | €218,258 | €178,203 | -€40,055 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €151,594 | €150,000 | -€1,594 | -1.1% |
| Trade debts | 44 | €10,517 | €3,461 | -€7,056 | -67.1% |
| Suppliers | 440/4 | €10,517 | €3,461 | -€7,056 | -67.1% |
| Taxes, remuneration and social security | 45 | €11,750 | €19,345 | +€7,595 | +64.6% |
| Taxes | 450/3 | €11,750 | €19,345 | +€7,595 | +64.6% |
| Other amounts payable | 47/48 | €44,396 | €5,396 | -€39,000 | -87.8% |
| Accrued charges and deferred income | 492/3 | €6,646 | €1,872 | -€4,774 | -71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,288 | €7,288 | = | 0.0% |
| Other operating charges | 640/8 | €2,230 | €1,363 | -€867 | -38.9% |
| Gross operating margin | 9900 | €18,277 | -€20,526 | -€38,803 | |
| Operating profit (loss) | 9901 | €8,759 | -€29,177 | -€37,936 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €9,932 | €7,948 | -€1,984 | -20.0% |
| Recurring financial charges | 65 | €9,932 | €7,948 | -€1,984 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,173 | -€37,125 | -€35,952 | -3,065% |
| Income taxes | 67/77 | €142 | €113 | -€29 | -20.6% |
| Profit (loss) for the period | 9904 | -€1,315 | -€37,237 | -€35,922 | -2,732% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,315 | -€37,237 | -€35,922 | -2,732% |
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 16 October 2026 via checked.be.