NuanceDeBleu: what changed
Two fiscal 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.
NuanceDeBleu
Largest movements
- Receivables within one year +€53,090
up €53,090 (+230.5%), from €23,032 to €76,122
of which Trade receivables: +€56,038
- Reserves +€33,202
up €33,202 (+78.0%), from €42,561 to €75,762
of which Distributable reserves: +€33,202
- Tax, wage and social debts +€16,799
up €16,799 (+199.4%), from €8,423 to €25,222
- Trade debts +€13,679
up €13,679 (+193.9%), from €7,056 to €20,735
- Debts after one year -€9,065
down €9,065 (-5.6%), from €162,860 to €153,795
- Other debts -€3,526
no longer reported in 2025 (was €3,526)
- Depreciation -€28,076
down €28,076 (-80.0%), from €35,084 to €7,009
- Taxes +€10,079
up €10,079 (+122.3%), from €8,241 to €18,320
- Gross operating margin -€7,923
down €7,923 (-10.6%), from €74,756 to €66,833
- Other operating charges -€5,228
down €5,228 (-89.7%), from €5,827 to €598
- Financial charges +€1,964
up €1,964 (+34.2%), from €5,744 to €7,708
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.
Cash bridge derived
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 | €239,346 | €292,379 | +€53,033 | +22.2% |
| Fixed assets | 21/28 | €191,559 | €193,120 | +€1,561 | +0.8% |
| Tangible fixed assets | 22/27 | €191,559 | €193,120 | +€1,561 | +0.8% |
| Land and buildings | 22 | €191,121 | €185,336 | -€5,786 | -3.0% |
| Plant, machinery and equipment | 23 | - | €6,764 | +€6,764 | |
| Furniture and vehicles | 24 | €438 | €1,021 | +€583 | +133.2% |
| Current assets | 29/58 | €47,786 | €99,259 | +€51,472 | +107.7% |
| Amounts receivable within one year | 40/41 | €23,032 | €76,122 | +€53,090 | +230.5% |
| Trade receivables | 40 | €15,936 | €71,974 | +€56,038 | +351.6% |
| Other amounts receivable | 41 | €7,096 | €4,147 | -€2,948 | -41.6% |
| Cash at bank and in hand | 54/58 | €24,701 | €21,988 | -€2,713 | -11.0% |
| Deferred charges and accrued income | 490/1 | €54 | €1,149 | +€1,095 | +2029.2% |
| Total equity and liabilities | 10/49 | €239,346 | €292,379 | +€53,033 | +22.2% |
| Equity | 10/15 | €48,761 | €81,962 | +€33,202 | +68.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €42,561 | €75,762 | +€33,202 | +78.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,701 | €73,902 | +€33,202 | +81.6% |
| Amounts payable | 17/49 | €190,585 | €210,417 | +€19,832 | +10.4% |
| Amounts payable after more than one year | 17 | €162,860 | €153,795 | -€9,065 | -5.6% |
| Financial debts | 170/4 | €162,860 | €153,795 | -€9,065 | -5.6% |
| Amounts payable within one year | 42/48 | €27,725 | €55,022 | +€27,297 | +98.5% |
| Current portion of amounts payable after more than one year | 42 | €8,720 | €9,065 | +€346 | +4.0% |
| Trade debts | 44 | €7,056 | €20,735 | +€13,679 | +193.9% |
| Suppliers | 440/4 | €7,056 | €20,735 | +€13,679 | +193.9% |
| Taxes, remuneration and social security | 45 | €8,423 | €25,222 | +€16,799 | +199.4% |
| Taxes | 450/3 | €8,423 | €25,222 | +€16,799 | +199.4% |
| Other amounts payable | 47/48 | €3,526 | - | -€3,526 | |
| Accrued charges and deferred income | 492/3 | - | €1,600 | +€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,084 | €7,009 | -€28,076 | -80.0% |
| Other operating charges | 640/8 | €5,827 | €598 | -€5,228 | -89.7% |
| Gross operating margin | 9900 | €74,756 | €66,833 | -€7,923 | -10.6% |
| Operating profit (loss) | 9901 | €33,845 | €59,226 | +€25,381 | +75.0% |
| Financial income | 75/76B | €563 | €4 | -€560 | -99.3% |
| Recurring financial income | 75 | €563 | €4 | -€560 | -99.3% |
| Financial charges | 65/66B | €5,744 | €7,708 | +€1,964 | +34.2% |
| Recurring financial charges | 65 | €5,744 | €7,708 | +€1,964 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €28,664 | €51,522 | +€22,858 | +79.7% |
| Income taxes | 67/77 | €8,241 | €18,320 | +€10,079 | +122.3% |
| Profit (loss) for the period | 9904 | €20,423 | €33,202 | +€12,778 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,423 | €33,202 | +€12,778 | +62.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.