De Blauwer Production: 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 Blauwer Production
Largest movements
- Receivables within one year +€40,632
up €40,632 (+84.6%), from €48,048 to €88,680
of which Trade receivables: +€38,404
- Cash -€32,122
down €32,122 (-42.1%), from €76,246 to €44,123
mainly Receivables within one year (-€40,632) and Investment in fixed assets (net) (-€13,255)
- Deferred charges and accrued income -€4,263
down €4,263 (-67.5%), from €6,314 to €2,051
- Financial fixed assets +€2,963
up €2,963 (+13,605%), from €22 to €2,985
- Trade debts +€17,211
up €17,211 (+50.9%), from €33,784 to €50,995
- Profit (loss) carried forward -€8,840
down €8,840 (-10.9%), from €81,084 to €72,244
- Other debts -€4,552
no longer reported in 2025 (was €4,552)
- Tax, wage and social debts +€3,014
up €3,014 (+9.5%), from €31,847 to €34,861
of which Remuneration and social security: +€6,175
- Staff costs +€30,107
new in 2025: €30,107
- Gross operating margin -€27,546
down €27,546 (-44.4%), from €62,066 to €34,520
- Taxes -€10,905
down €10,905 (-97.6%), from €11,169 to €264
- Depreciation +€2,530
up €2,530 (+31.1%), from €8,139 to €10,669
- Other operating charges +€950
up €950 (+88.5%), from €1,074 to €2,025
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 | €153,266 | €160,100 | +€6,833 | +4.5% |
| Fixed assets | 21/28 | €22,659 | €25,245 | +€2,586 | +11.4% |
| Intangible fixed assets | 21 | €957 | €234 | -€723 | -75.6% |
| Tangible fixed assets | 22/27 | €21,680 | €22,027 | +€346 | +1.6% |
| Plant, machinery and equipment | 23 | €17,254 | €20,224 | +€2,970 | +17.2% |
| Furniture and vehicles | 24 | €4,426 | €1,802 | -€2,624 | -59.3% |
| Financial fixed assets | 28 | €22 | €2,985 | +€2,963 | +13,605% |
| Current assets | 29/58 | €130,607 | €134,855 | +€4,247 | +3.3% |
| Amounts receivable within one year | 40/41 | €48,048 | €88,680 | +€40,632 | +84.6% |
| Trade receivables | 40 | €48,036 | €86,441 | +€38,404 | +79.9% |
| Other amounts receivable | 41 | €12 | €2,240 | +€2,228 | +18,993% |
| Cash at bank and in hand | 54/58 | €76,246 | €44,123 | -€32,122 | -42.1% |
| Deferred charges and accrued income | 490/1 | €6,314 | €2,051 | -€4,263 | -67.5% |
| Total equity and liabilities | 10/49 | €153,266 | €160,100 | +€6,833 | +4.5% |
| Equity | 10/15 | €83,084 | €74,244 | -€8,840 | -10.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,084 | €72,244 | -€8,840 | -10.9% |
| Amounts payable | 17/49 | €70,183 | €85,856 | +€15,673 | +22.3% |
| Amounts payable within one year | 42/48 | €70,183 | €85,856 | +€15,673 | +22.3% |
| Trade debts | 44 | €33,784 | €50,995 | +€17,211 | +50.9% |
| Suppliers | 440/4 | €33,784 | €50,995 | +€17,211 | +50.9% |
| Taxes, remuneration and social security | 45 | €31,847 | €34,861 | +€3,014 | +9.5% |
| Taxes | 450/3 | €31,847 | €28,686 | -€3,161 | -9.9% |
| Remuneration and social security | 454/9 | - | €6,175 | +€6,175 | |
| Other amounts payable | 47/48 | €4,552 | - | -€4,552 | |
| Remuneration, social security and pensions | 62 | - | €30,107 | +€30,107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,139 | €10,669 | +€2,530 | +31.1% |
| Other operating charges | 640/8 | €1,074 | €2,025 | +€950 | +88.5% |
| Gross operating margin | 9900 | €62,066 | €34,520 | -€27,546 | -44.4% |
| Operating profit (loss) | 9901 | €52,853 | -€8,280 | -€61,133 | |
| Financial income | 75/76B | €76 | €58 | -€17 | -22.9% |
| Recurring financial income | 75 | €76 | €58 | -€17 | -22.9% |
| Financial charges | 65/66B | €285 | €353 | +€68 | +23.9% |
| Recurring financial charges | 65 | €285 | €353 | +€68 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €52,643 | -€8,576 | -€61,219 | |
| Income taxes | 67/77 | €11,169 | €264 | -€10,905 | -97.6% |
| Profit (loss) for the period | 9904 | €41,474 | -€8,840 | -€50,314 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,474 | -€8,840 | -€50,314 |
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 28 October 2026 via checked.be.