MISTER BLUE: 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.
MISTER BLUE
Largest movements
- Receivables within one year +€207,865
up €207,865 (+81,727%), from €254 to €208,120
of which Trade receivables: +€207,917
- Deferred charges and accrued income -€117,916
no longer reported in 2025 (was €117,916)
- Cash -€54,511
down €54,511 (-69.1%), from €78,882 to €24,371
mainly Receivables within one year (-€207,865) and Stocks and contracts (-€48,452)
- Stocks and contracts +€48,452
up €48,452 (+27.7%), from €175,147 to €223,600
- Profit (loss) carried forward +€90,316
up €90,316 (+24.5%), from €367,894 to €458,210
- Trade debts -€6,425
no longer reported in 2025 (was €6,425)
- Turnover +€417,954
up €417,954 (+23.3%), from €1.8m to €2.2m
- Purchases and services +€370,228
up €370,228 (+21.8%), from €1.7m to €2.1m
- Gross operating margin +€47,725
up €47,725 (+50.0%), from €95,471 to €143,196
- Staff costs +€38,823
up €38,823 (+260%), from €14,933 to €53,756
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 | €412,669 | €496,559 | +€83,891 | +20.3% |
| Fixed assets | 21/28 | €40,469 | €40,469 | = | 0.0% |
| Tangible fixed assets | 22/27 | €40,469 | €40,469 | = | 0.0% |
| Furniture and vehicles | 24 | €40,469 | €40,469 | = | 0.0% |
| Current assets | 29/58 | €372,200 | €456,091 | +€83,891 | +22.5% |
| Stocks and contracts in progress | 3 | €175,147 | €223,600 | +€48,452 | +27.7% |
| Stocks | 30/36 | €175,147 | €223,600 | +€48,452 | +27.7% |
| Amounts receivable within one year | 40/41 | €254 | €208,120 | +€207,865 | +81,727% |
| Trade receivables | 40 | - | €207,917 | +€207,917 | |
| Other amounts receivable | 41 | €254 | €202 | -€52 | -20.4% |
| Cash at bank and in hand | 54/58 | €78,882 | €24,371 | -€54,511 | -69.1% |
| Deferred charges and accrued income | 490/1 | €117,916 | - | -€117,916 | |
| Total equity and liabilities | 10/49 | €412,669 | €496,559 | +€83,891 | +20.3% |
| Equity | 10/15 | €374,094 | €464,410 | +€90,316 | +24.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €367,894 | €458,210 | +€90,316 | +24.5% |
| Amounts payable | 17/49 | €38,575 | €32,149 | -€6,425 | -16.7% |
| Amounts payable after more than one year | 17 | €19,299 | €19,299 | = | 0.0% |
| Financial debts | 170/4 | €19,299 | €19,299 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,276 | €12,851 | -€6,425 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €12,851 | €12,851 | = | 0.0% |
| Trade debts | 44 | €6,425 | - | -€6,425 | |
| Suppliers | 440/4 | €6,425 | - | -€6,425 | |
| Turnover | 70 | €1,790,115 | €2,208,068 | +€417,954 | +23.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,694,644 | €2,064,872 | +€370,228 | +21.8% |
| Remuneration, social security and pensions | 62 | €14,933 | €53,756 | +€38,823 | +260% |
| Other operating charges | 640/8 | €3,934 | €4,597 | +€663 | +16.8% |
| Gross operating margin | 9900 | €95,471 | €143,196 | +€47,725 | +50.0% |
| Operating profit (loss) | 9901 | €76,603 | €84,843 | +€8,240 | +10.8% |
| Financial charges | 65/66B | €238 | €952 | +€714 | +300% |
| Recurring financial charges | 65 | €238 | €952 | +€714 | +300% |
| Profit (loss) for the period before taxes | 9903 | €76,365 | €83,891 | +€7,525 | +9.9% |
| Profit (loss) for the period | 9904 | €76,365 | €83,891 | +€7,525 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €76,365 | €83,891 | +€7,525 | +9.9% |
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 17 October 2026 via checked.be.