Blystr: 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.
Blystr
Largest movements
- Cash -€59,192
down €59,192 (-45.5%), from €130,098 to €70,906
mainly Receivables within one year (-€47,706) and Contributions, distributions and other (-€25,911)
- Receivables within one year +€47,706
up €47,706 (+258%), from €18,463 to €66,169
of which Trade receivables: +€43,080
- Tangible fixed assets +€7,654
up €7,654 (+28.1%), from €27,212 to €34,867
of which Furniture and vehicles: +€11,348
- Other debts +€17,147
up €17,147 (+93.9%), from €18,263 to €35,410
- Reserves -€13,544
down €13,544 (-14.0%), from €96,643 to €83,098
- Debts after one year -€10,000
down €10,000 (-38.5%), from €26,000 to €16,000
- Current portion of long-term debt +€10,000
up €10,000, from €0 to €10,000
- Tax, wage and social debts -€4,353
down €4,353 (-31.0%), from €14,059 to €9,706
of which Taxes: -€4,353
- Gross operating margin -€53,822
down €53,822 (-66.9%), from €80,483 to €26,660
- Taxes -€13,081
down €13,081 (-70.9%), from €18,448 to €5,367
- Staff costs -€6,679
down €6,679 (-99.9%), from €6,689 to €9
- Depreciation +€1,438
up €1,438 (+29.9%), from €4,807 to €6,246
- Financial charges -€944
down €944 (-33.6%), from €2,812 to €1,868
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 | €180,828 | €176,622 | -€4,206 | -2.3% |
| Fixed assets | 21/28 | €27,212 | €34,867 | +€7,654 | +28.1% |
| Tangible fixed assets | 22/27 | €27,212 | €34,867 | +€7,654 | +28.1% |
| Plant, machinery and equipment | 23 | €4,409 | €3,480 | -€930 | -21.1% |
| Furniture and vehicles | 24 | €1,529 | €12,877 | +€11,348 | +742% |
| Other tangible fixed assets | 26 | €21,274 | €18,510 | -€2,764 | -13.0% |
| Current assets | 29/58 | €153,616 | €141,756 | -€11,860 | -7.7% |
| Stocks and contracts in progress | 3 | €1,858 | €1,504 | -€354 | -19.1% |
| Stocks | 30/36 | €1,858 | €1,504 | -€354 | -19.1% |
| Amounts receivable within one year | 40/41 | €18,463 | €66,169 | +€47,706 | +258% |
| Trade receivables | 40 | €18,089 | €61,169 | +€43,080 | +238% |
| Other amounts receivable | 41 | €375 | €5,000 | +€4,625 | +1,235% |
| Cash at bank and in hand | 54/58 | €130,098 | €70,906 | -€59,192 | -45.5% |
| Deferred charges and accrued income | 490/1 | €3,197 | €3,176 | -€20 | -0.6% |
| Total equity and liabilities | 10/49 | €180,828 | €176,622 | -€4,206 | -2.3% |
| Equity | 10/15 | €115,243 | €101,698 | -€13,544 | -11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,643 | €83,098 | -€13,544 | -14.0% |
| Distributable reserves | 133 | €96,643 | €83,098 | -€13,544 | -14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,585 | €74,924 | +€9,338 | +14.2% |
| Amounts payable after more than one year | 17 | €26,000 | €16,000 | -€10,000 | -38.5% |
| Financial debts | 170/4 | €26,000 | €16,000 | -€10,000 | -38.5% |
| Amounts payable within one year | 42/48 | €39,560 | €58,924 | +€19,363 | +48.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | €10,000 | +€10,000 | |
| Trade debts | 44 | €7,238 | €3,808 | -€3,430 | -47.4% |
| Suppliers | 440/4 | €7,238 | €3,808 | -€3,430 | -47.4% |
| Taxes, remuneration and social security | 45 | €14,059 | €9,706 | -€4,353 | -31.0% |
| Taxes | 450/3 | €14,059 | €9,706 | -€4,353 | -31.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €18,263 | €35,410 | +€17,147 | +93.9% |
| Accrued charges and deferred income | 492/3 | €25 | €0 | -€25 | -100% |
| Remuneration, social security and pensions | 62 | €6,689 | €9 | -€6,679 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,807 | €6,246 | +€1,438 | +29.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €41 | -€53 | -€94 | |
| Other operating charges | 640/8 | €625 | €857 | +€232 | +37.1% |
| Gross operating margin | 9900 | €80,483 | €26,660 | -€53,822 | -66.9% |
| Operating profit (loss) | 9901 | €68,320 | €19,601 | -€48,719 | -71.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,100% |
| Financial charges | 65/66B | €2,812 | €1,868 | -€944 | -33.6% |
| Recurring financial charges | 65 | €2,812 | €1,868 | -€944 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €65,509 | €17,733 | -€47,775 | -72.9% |
| Income taxes | 67/77 | €18,448 | €5,367 | -€13,081 | -70.9% |
| Profit (loss) for the period | 9904 | €47,061 | €12,366 | -€34,695 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,061 | €12,366 | -€34,695 | -73.7% |
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 26 October 2026 via checked.be.