SUPERBLUE: 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.
SUPERBLUE
Largest movements
- Current investments +€85,882
new in 2025: €85,882
- Cash -€83,663
down €83,663 (-36.4%), from €229,629 to €145,965
mainly Current investments (-€85,882) and Contributions, distributions and other (-€68,528)
- Tangible fixed assets -€15,421
down €15,421 (-28.8%), from €53,540 to €38,120
of which Furniture and vehicles: -€18,627
- Deferred charges and accrued income +€8,347
up €8,347 (+12.0%), from €69,428 to €77,775
- Receivables within one year +€7,453
up €7,453 (+44.7%), from €16,690 to €24,143
of which Other amounts receivable: +€6,848
- Reserves +€36,293
up €36,293 (+7.5%), from €483,274 to €519,567
- Tax, wage and social debts -€17,529
down €17,529 (-45.7%), from €38,352 to €20,823
of which Taxes: -€11,684
- Current portion of long-term debt -€8,469
down €8,469 (-14.9%), from €56,932 to €48,463
- Gross operating margin -€39,172
down €39,172 (-14.1%), from €277,134 to €237,962
- Financial income -€14,503
down €14,503 (-53.2%), from €27,282 to €12,780
of which Non-recurring financial income: -€15,459
- Staff costs -€9,336
down €9,336 (-13.3%), from €70,153 to €60,817
- Financial charges +€3,938
up €3,938 (+68.0%), from €5,790 to €9,728
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 | €726,073 | €728,671 | +€2,598 | +0.4% |
| Fixed assets | 21/28 | €53,540 | €38,120 | -€15,421 | -28.8% |
| Tangible fixed assets | 22/27 | €53,540 | €38,120 | -€15,421 | -28.8% |
| Plant, machinery and equipment | 23 | €1,752 | €4,958 | +€3,207 | +183.1% |
| Furniture and vehicles | 24 | €51,789 | €33,161 | -€18,627 | -36.0% |
| Current assets | 29/58 | €672,533 | €690,551 | +€18,018 | +2.7% |
| Amounts receivable after more than one year | 29 | €356,786 | €356,786 | = | 0.0% |
| Other amounts receivable | 291 | €356,786 | €356,786 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,690 | €24,143 | +€7,453 | +44.7% |
| Trade receivables | 40 | - | €605 | +€605 | |
| Other amounts receivable | 41 | €16,690 | €23,538 | +€6,848 | +41.0% |
| Current investments | 50/53 | - | €85,882 | +€85,882 | |
| Cash at bank and in hand | 54/58 | €229,629 | €145,965 | -€83,663 | -36.4% |
| Deferred charges and accrued income | 490/1 | €69,428 | €77,775 | +€8,347 | +12.0% |
| Total equity and liabilities | 10/49 | €726,073 | €728,671 | +€2,598 | +0.4% |
| Equity | 10/15 | €501,874 | €538,167 | +€36,293 | +7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €483,274 | €519,567 | +€36,293 | +7.5% |
| Distributable reserves | 133 | €483,274 | €519,567 | +€36,293 | +7.5% |
| Amounts payable | 17/49 | €224,199 | €190,504 | -€33,695 | -15.0% |
| Amounts payable after more than one year | 17 | €7,053 | - | -€7,053 | |
| Financial debts | 170/4 | €7,053 | - | -€7,053 | |
| Amounts payable within one year | 42/48 | €216,319 | €190,504 | -€25,816 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €56,932 | €48,463 | -€8,469 | -14.9% |
| Financial debts | 43 | - | €2,713 | +€2,713 | |
| Credit institutions | 430/8 | - | €2,713 | +€2,713 | |
| Trade debts | 44 | €11,700 | €4,977 | -€6,723 | -57.5% |
| Suppliers | 440/4 | €11,700 | €4,977 | -€6,723 | -57.5% |
| Taxes, remuneration and social security | 45 | €38,352 | €20,823 | -€17,529 | -45.7% |
| Taxes | 450/3 | €25,456 | €13,772 | -€11,684 | -45.9% |
| Remuneration and social security | 454/9 | €12,896 | €7,051 | -€5,845 | -45.3% |
| Other amounts payable | 47/48 | €109,335 | €113,528 | +€4,193 | +3.8% |
| Accrued charges and deferred income | 492/3 | €827 | - | -€827 | |
| Remuneration, social security and pensions | 62 | €70,153 | €60,817 | -€9,336 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,941 | €19,283 | +€342 | +1.8% |
| Other operating charges | 640/8 | €2,534 | €2,478 | -€56 | -2.2% |
| Non-recurring operating charges | 66A | €1,337 | - | -€1,337 | |
| Gross operating margin | 9900 | €277,134 | €237,962 | -€39,172 | -14.1% |
| Operating profit (loss) | 9901 | €184,169 | €155,384 | -€28,785 | -15.6% |
| Financial income | 75/76B | €27,282 | €12,780 | -€14,503 | -53.2% |
| Recurring financial income | 75 | €11,823 | €12,780 | +€957 | +8.1% |
| Non-recurring financial income | 76B | €15,459 | - | -€15,459 | |
| Financial charges | 65/66B | €5,790 | €9,728 | +€3,938 | +68.0% |
| Recurring financial charges | 65 | €5,790 | €9,728 | +€3,938 | +68.0% |
| Profit (loss) for the period before taxes | 9903 | €205,661 | €158,436 | -€47,225 | -23.0% |
| Income taxes | 67/77 | €51,958 | €53,615 | +€1,657 | +3.2% |
| Profit (loss) for the period | 9904 | €153,703 | €104,821 | -€48,882 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €153,703 | €104,821 | -€48,882 | -31.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.