BLUSTORM: 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.
BLUSTORM
Largest movements
- Receivables within one year +€85,124
up €85,124 (+455%), from €18,689 to €103,814
of which Trade receivables: +€55,243
- Intangible fixed assets -€13,634
down €13,634 (-18.2%), from €74,772 to €61,138
- Cash +€8,584
up €8,584 (+9.6%), from €89,026 to €97,610
mainly Net result for the year (+€89,527) and Depreciation (+€27,162)
- Reserves +€86,527
up €86,527 (+63.7%), from €135,794 to €222,322
- Other debts -€22,000
down €22,000 (-88.0%), from €25,000 to €3,000
- Tax, wage and social debts +€18,364
up €18,364 (+78.7%), from €23,330 to €41,694
of which Taxes: +€16,864
- Gross operating margin +€34,073
up €34,073 (+27.7%), from €123,121 to €157,194
- Taxes +€20,844
up €20,844 (+125%), from €16,696 to €37,540
- Depreciation -€9,310
down €9,310 (-25.5%), from €36,472 to €27,162
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 | €197,241 | €278,572 | +€81,331 | +41.2% |
| Fixed assets | 21/28 | €85,563 | €72,501 | -€13,062 | -15.3% |
| Intangible fixed assets | 21 | €74,772 | €61,138 | -€13,634 | -18.2% |
| Tangible fixed assets | 22/27 | €10,790 | €8,862 | -€1,928 | -17.9% |
| Furniture and vehicles | 24 | €2,253 | €1,324 | -€930 | -41.3% |
| Other tangible fixed assets | 26 | €8,537 | €7,539 | -€998 | -11.7% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €111,678 | €206,071 | +€94,393 | +84.5% |
| Amounts receivable within one year | 40/41 | €18,689 | €103,814 | +€85,124 | +455% |
| Trade receivables | 40 | €17,505 | €72,748 | +€55,243 | +316% |
| Other amounts receivable | 41 | €1,185 | €31,066 | +€29,881 | +2,522% |
| Cash at bank and in hand | 54/58 | €89,026 | €97,610 | +€8,584 | +9.6% |
| Deferred charges and accrued income | 490/1 | €3,962 | €4,647 | +€685 | +17.3% |
| Total equity and liabilities | 10/49 | €197,241 | €278,572 | +€81,331 | +41.2% |
| Equity | 10/15 | €137,794 | €224,322 | +€86,527 | +62.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €135,794 | €222,322 | +€86,527 | +63.7% |
| Non-distributable reserves | 130/1 | €135,794 | €222,322 | +€86,527 | +63.7% |
| Other | 1319 | €135,794 | €222,322 | +€86,527 | +63.7% |
| Amounts payable | 17/49 | €59,446 | €54,250 | -€5,197 | -8.7% |
| Amounts payable within one year | 42/48 | €59,446 | €54,250 | -€5,197 | -8.7% |
| Trade debts | 44 | €11,116 | €9,555 | -€1,561 | -14.0% |
| Suppliers | 440/4 | €11,116 | €9,555 | -€1,561 | -14.0% |
| Taxes, remuneration and social security | 45 | €23,330 | €41,694 | +€18,364 | +78.7% |
| Taxes | 450/3 | €23,260 | €40,124 | +€16,864 | +72.5% |
| Remuneration and social security | 454/9 | €70 | €1,570 | +€1,500 | +2,143% |
| Other amounts payable | 47/48 | €25,000 | €3,000 | -€22,000 | -88.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,472 | €27,162 | -€9,310 | -25.5% |
| Other operating charges | 640/8 | €723 | €544 | -€179 | -24.7% |
| Non-recurring operating charges | 66A | €63 | €90 | +€27 | +42.6% |
| Gross operating margin | 9900 | €123,121 | €157,194 | +€34,073 | +27.7% |
| Operating profit (loss) | 9901 | €85,863 | €129,398 | +€43,535 | +50.7% |
| Financial income | 75/76B | €905 | €518 | -€387 | -42.8% |
| Recurring financial income | 75 | €905 | €518 | -€387 | -42.8% |
| Financial charges | 65/66B | €2,773 | €2,848 | +€75 | +2.7% |
| Recurring financial charges | 65 | €2,773 | €2,848 | +€75 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €83,996 | €127,068 | +€43,072 | +51.3% |
| Income taxes | 67/77 | €16,696 | €37,540 | +€20,844 | +125% |
| Profit (loss) for the period | 9904 | €67,300 | €89,527 | +€22,228 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,300 | €89,527 | +€22,228 | +33.0% |
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 15 October 2026 via checked.be.