De Blaupoort: what changed
De Blaupoort
Largest movements
- Stocks and contracts +€2.8m
up €2.8m (+26.3%), from €10.8m to €13.6m
- Cash -€618,137
down €618,137 (-78.2%), from €790,834 to €172,696
mainly Stocks and contracts (-€2.8m) and Trade debts (-€376,553)
- Short-term financial debts +€1.9m
up €1.9m (+22.6%), from €8.4m to €10.3m
- Advances received +€783,280
up €783,280 (+323%), from €242,159 to €1.0m
- Trade debts -€376,553
down €376,553 (-81.2%), from €463,740 to €87,187
- Gross operating margin -€1.6m
down €1.6m (-78.5%), from €2.0m to €426,684
- Other operating charges -€909,618
down €909,618 (-97.4%), from €934,243 to €24,625
- Financial charges -€246,298
down €246,298 (-38.0%), from €648,385 to €402,087
of which Financial charges: -€247,076
- Taxes -€107,826
down €107,826 (-99.7%), from €108,121 to €296
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,595,203 | €13,816,245 | +€2.2m | +19.2% |
| Current assets | 29/58 | €11,595,203 | €13,816,245 | +€2.2m | +19.2% |
| Stocks and contracts in progress | 3 | €10,804,369 | €13,641,549 | +€2.8m | +26.3% |
| Stocks | 30/36 | €10,804,369 | €13,641,549 | +€2.8m | +26.3% |
| Amounts receivable within one year | 40/41 | - | €2,000 | +€2,000 | |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €790,834 | €172,696 | -€618,137 | -78.2% |
| Total equity and liabilities | 10/49 | €11,595,203 | €13,816,245 | +€2.2m | +19.2% |
| Equity | 10/15 | €296,296 | €296,001 | -€296 | -0.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €293,296 | €293,001 | -€296 | -0.1% |
| Distributable reserves | 133 | €293,296 | €293,001 | -€296 | -0.1% |
| Amounts payable | 17/49 | €11,298,906 | €13,520,245 | +€2.2m | +19.7% |
| Amounts payable within one year | 42/48 | €11,293,447 | €13,520,245 | +€2.2m | +19.7% |
| Financial debts | 43 | €8,400,000 | €10,300,000 | +€1.9m | +22.6% |
| Credit institutions | 430/8 | €8,400,000 | €10,300,000 | +€1.9m | +22.6% |
| Trade debts | 44 | €463,740 | €87,187 | -€376,553 | -81.2% |
| Suppliers | 440/4 | €463,740 | €87,187 | -€376,553 | -81.2% |
| Advances received on contracts in progress | 46 | €242,159 | €1,025,439 | +€783,280 | +323% |
| Taxes, remuneration and social security | 45 | €187,548 | €107,619 | -€79,930 | -42.6% |
| Taxes | 450/3 | €187,548 | €107,619 | -€79,930 | -42.6% |
| Other amounts payable | 47/48 | €2,000,000 | €2,000,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,459 | - | -€5,459 | |
| Other operating charges | 640/8 | €934,243 | €24,625 | -€909,618 | -97.4% |
| Gross operating margin | 9900 | €1,980,768 | €426,684 | -€1.6m | -78.5% |
| Operating profit (loss) | 9901 | €1,046,525 | €402,058 | -€644,466 | -61.6% |
| Financial income | 75/76B | €3,279 | €29 | -€3,250 | -99.1% |
| Recurring financial income | 75 | €3,279 | €29 | -€3,250 | -99.1% |
| Financial charges | 65/66B | €648,385 | €402,087 | -€246,298 | -38.0% |
| Recurring financial charges | 65 | €648,385 | €401,309 | -€247,076 | -38.1% |
| Non-recurring financial charges | 66B | - | €778 | +€778 | |
| Profit (loss) for the period before taxes | 9903 | €401,418 | €0 | -€401,418 | -100.0% |
| Income taxes | 67/77 | €108,121 | €296 | -€107,826 | -99.7% |
| Profit (loss) for the period | 9904 | €293,296 | -€296 | -€293,592 | |
| Profit (loss) for the period to be appropriated | 9905 | €293,296 | -€296 | -€293,592 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.