DE BLAUWE SCHUIT: 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.
DE BLAUWE SCHUIT
Largest movements
- Tangible fixed assets +€39,108
up €39,108 (+91.7%), from €42,648 to €81,756
of which Furniture and vehicles: +€39,883
- Cash -€13,805
down €13,805 (-64.9%), from €21,266 to €7,461
mainly Investment in fixed assets (net) (-€59,059) and Debts after one year (-€22,252)
- Receivables within one year +€13,536
up €13,536 (+116%), from €11,678 to €25,213
of which Other amounts receivable: +€10,129
- Other debts +€49,243
up €49,243 (+2,756%), from €1,787 to €51,030
- Debts after one year -€22,252
down €22,252 (-26.9%), from €82,651 to €60,399
- Reserves +€13,504
up €13,504 (+6.0%), from €223,830 to €237,334
- Tax, wage and social debts -€11,938
down €11,938 (-98.3%), from €12,147 to €209
- Current portion of long-term debt +€6,266
up €6,266 (+20.2%), from €31,047 to €37,313
- Depreciation +€11,280
up €11,280 (+109%), from €10,323 to €21,603
- Financial charges -€5,035
down €5,035 (-67.1%), from €7,506 to €2,471
- Gross operating margin +€3,316
up €3,316 (+5.0%), from €65,746 to €69,062
- Taxes -€3,133
down €3,133 (-19.8%), from €15,840 to €12,707
- Other operating charges -€724
down €724 (-55.5%), from €1,304 to €580
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,054 | €404,877 | +€34,823 | +9.4% |
| Formation expenses | 20 | €1,653 | - | -€1,653 | |
| Fixed assets | 21/28 | €293,094 | €332,202 | +€39,108 | +13.3% |
| Tangible fixed assets | 22/27 | €42,648 | €81,756 | +€39,108 | +91.7% |
| Plant, machinery and equipment | 23 | €5,029 | €4,255 | -€774 | -15.4% |
| Furniture and vehicles | 24 | €37,619 | €77,502 | +€39,883 | +106% |
| Financial fixed assets | 28 | €250,446 | €250,446 | = | 0.0% |
| Current assets | 29/58 | €75,307 | €72,675 | -€2,633 | -3.5% |
| Amounts receivable within one year | 40/41 | €11,678 | €25,213 | +€13,536 | +116% |
| Trade receivables | 40 | €582 | €3,988 | +€3,407 | +586% |
| Other amounts receivable | 41 | €11,096 | €21,225 | +€10,129 | +91.3% |
| Cash at bank and in hand | 54/58 | €21,266 | €7,461 | -€13,805 | -64.9% |
| Deferred charges and accrued income | 490/1 | €42,364 | €40,000 | -€2,364 | -5.6% |
| Total equity and liabilities | 10/49 | €370,054 | €404,877 | +€34,823 | +9.4% |
| Equity | 10/15 | €242,422 | €255,926 | +€13,504 | +5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €223,830 | €237,334 | +€13,504 | +6.0% |
| Distributable reserves | 133 | €223,830 | €237,334 | +€13,504 | +6.0% |
| Amounts payable | 17/49 | €127,632 | €148,951 | +€21,319 | +16.7% |
| Amounts payable after more than one year | 17 | €82,651 | €60,399 | -€22,252 | -26.9% |
| Financial debts | 170/4 | €82,651 | €60,399 | -€22,252 | -26.9% |
| Amounts payable within one year | 42/48 | €44,981 | €88,552 | +€43,571 | +96.9% |
| Current portion of amounts payable after more than one year | 42 | €31,047 | €37,313 | +€6,266 | +20.2% |
| Taxes, remuneration and social security | 45 | €12,147 | €209 | -€11,938 | -98.3% |
| Taxes | 450/3 | €12,147 | €209 | -€11,938 | -98.3% |
| Other amounts payable | 47/48 | €1,787 | €51,030 | +€49,243 | +2,756% |
| Remuneration, social security and pensions | 62 | €3,161 | €3,197 | +€36 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,323 | €21,603 | +€11,280 | +109% |
| Other operating charges | 640/8 | €1,304 | €580 | -€724 | -55.5% |
| Gross operating margin | 9900 | €65,746 | €69,062 | +€3,316 | +5.0% |
| Operating profit (loss) | 9901 | €50,958 | €43,682 | -€7,277 | -14.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,506 | €2,471 | -€5,035 | -67.1% |
| Recurring financial charges | 65 | €7,506 | €2,471 | -€5,035 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €43,452 | €41,211 | -€2,242 | -5.2% |
| Income taxes | 67/77 | €15,840 | €12,707 | -€3,133 | -19.8% |
| Profit (loss) for the period | 9904 | €27,613 | €28,504 | +€891 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,613 | €28,504 | +€891 | +3.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.