HET UUR BLAUW: 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.
HET UUR BLAUW
Largest movements
- Cash +€792
up €792 (+3.0%), from €26,591 to €27,383
mainly Net result for the year (+€4,535) and Depreciation (+€668)
- Tangible fixed assets -€668
down €668 (-61.6%), from €1,084 to €417
of which Furniture and vehicles: -€513
- Receivables within one year -€578
no longer reported in 2025 (was €578)
- Reserves +€4,222
new in 2025: €4,222
- Other debts -€2,356
down €2,356 (-33.4%), from €7,048 to €4,692
- Trade debts -€1,674
no longer reported in 2025 (was €1,674)
- Tax, wage and social debts -€957
down €957 (-72.0%), from €1,330 to €373
- Profit (loss) carried forward +€314
no longer reported in 2025 (was -€314)
- Gross operating margin +€6,067
up €6,067 (+240%), from €2,531 to €8,599
- Taxes +€1,932
up €1,932 (+276%), from €700 to €2,633
- Depreciation +€255
up €255 (+62.0%), from €412 to €668
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 | €28,338 | €27,887 | -€452 | -1.6% |
| Fixed assets | 21/28 | €1,084 | €417 | -€668 | -61.6% |
| Tangible fixed assets | 22/27 | €1,084 | €417 | -€668 | -61.6% |
| Plant, machinery and equipment | 23 | €312 | €157 | -€154 | -49.5% |
| Furniture and vehicles | 24 | €773 | €259 | -€513 | -66.4% |
| Current assets | 29/58 | €27,254 | €27,470 | +€216 | +0.8% |
| Amounts receivable within one year | 40/41 | €578 | - | -€578 | |
| Trade receivables | 40 | €578 | - | -€578 | |
| Cash at bank and in hand | 54/58 | €26,591 | €27,383 | +€792 | +3.0% |
| Deferred charges and accrued income | 490/1 | €85 | €87 | +€2 | +2.9% |
| Total equity and liabilities | 10/49 | €28,338 | €27,887 | -€452 | -1.6% |
| Equity | 10/15 | €18,286 | €22,822 | +€4,535 | +24.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €4,222 | +€4,222 | |
| Distributable reserves | 133 | - | €4,222 | +€4,222 | |
| Profit (loss) carried forward | 14 | -€314 | - | +€314 | |
| Amounts payable | 17/49 | €10,052 | €5,065 | -€4,987 | -49.6% |
| Amounts payable within one year | 42/48 | €10,052 | €5,065 | -€4,987 | -49.6% |
| Trade debts | 44 | €1,674 | - | -€1,674 | |
| Suppliers | 440/4 | €1,674 | - | -€1,674 | |
| Taxes, remuneration and social security | 45 | €1,330 | €373 | -€957 | -72.0% |
| Taxes | 450/3 | €1,330 | €373 | -€957 | -72.0% |
| Other amounts payable | 47/48 | €7,048 | €4,692 | -€2,356 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €668 | +€255 | +62.0% |
| Other operating charges | 640/8 | €654 | €673 | +€19 | +3.0% |
| Gross operating margin | 9900 | €2,531 | €8,599 | +€6,067 | +240% |
| Operating profit (loss) | 9901 | €1,465 | €7,258 | +€5,793 | +395% |
| Financial income | 75/76B | €0 | €35 | +€35 | +348,700% |
| Recurring financial income | 75 | €0 | €35 | +€35 | +348,700% |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,340 | €7,168 | +€5,827 | +435% |
| Income taxes | 67/77 | €700 | €2,633 | +€1,932 | +276% |
| Profit (loss) for the period | 9904 | €640 | €4,535 | +€3,895 | +609% |
| Profit (loss) for the period to be appropriated | 9905 | €640 | €4,535 | +€3,895 | +609% |
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 21 October 2026 via checked.be.