BLUETECH SERVICES: what changed
BLUETECH SERVICES
Largest movements
- Cash +€29,813
up €29,813 (+129%), from €23,095 to €52,908
mainly Net result for the year (+€21,749) and Trade debts (+€14,066)
- Receivables within one year +€5,493
up €5,493 (+5.6%), from €98,434 to €103,927
of which Other amounts receivable: +€12,269
- Profit (loss) carried forward +€21,749
up €21,749 (+25.3%), from €85,903 to €107,652
- Trade debts +€14,066
up €14,066 (+50.6%), from €27,775 to €41,841
- Gross operating margin +€67,722
up €67,722, from -€17,824 to €49,899
- Staff costs +€15,509
new in 2025: €15,509
- Taxes +€8,529
up €8,529 (+175%), from €4,871 to €13,400
- Depreciation -€1,961
down €1,961 (-53.4%), from €3,672 to €1,711
- Other operating charges -€947
down €947 (-55.9%), from €1,695 to €747
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,774 | €159,536 | +€34,762 | +27.9% |
| Fixed assets | 21/28 | €3,245 | €2,701 | -€544 | -16.8% |
| Tangible fixed assets | 22/27 | €2,475 | €1,931 | -€544 | -22.0% |
| Plant, machinery and equipment | 23 | €891 | €1,466 | +€574 | +64.5% |
| Furniture and vehicles | 24 | €1,584 | €466 | -€1,118 | -70.6% |
| Financial fixed assets | 28 | €770 | €770 | = | 0.0% |
| Current assets | 29/58 | €121,529 | €156,835 | +€35,306 | +29.1% |
| Amounts receivable within one year | 40/41 | €98,434 | €103,927 | +€5,493 | +5.6% |
| Trade receivables | 40 | €91,826 | €85,050 | -€6,775 | -7.4% |
| Other amounts receivable | 41 | €6,608 | €18,877 | +€12,269 | +186% |
| Cash at bank and in hand | 54/58 | €23,095 | €52,908 | +€29,813 | +129% |
| Total equity and liabilities | 10/49 | €124,774 | €159,536 | +€34,762 | +27.9% |
| Equity | 10/15 | €94,073 | €115,822 | +€21,749 | +23.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,870 | €1,870 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Other | 1319 | €1,870 | €1,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,903 | €107,652 | +€21,749 | +25.3% |
| Amounts payable | 17/49 | €30,701 | €43,714 | +€13,013 | +42.4% |
| Amounts payable within one year | 42/48 | €30,701 | €43,714 | +€13,013 | +42.4% |
| Trade debts | 44 | €27,775 | €41,841 | +€14,066 | +50.6% |
| Suppliers | 440/4 | €27,775 | €41,841 | +€14,066 | +50.6% |
| Taxes, remuneration and social security | 45 | €2,926 | €1,873 | -€1,054 | -36.0% |
| Taxes | 450/3 | €2,923 | €1,873 | -€1,050 | -35.9% |
| Remuneration and social security | 454/9 | €3 | - | -€3 | |
| Remuneration, social security and pensions | 62 | - | €15,509 | +€15,509 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,672 | €1,711 | -€1,961 | -53.4% |
| Other operating charges | 640/8 | €1,695 | €747 | -€947 | -55.9% |
| Gross operating margin | 9900 | -€17,824 | €49,899 | +€67,722 | |
| Operating profit (loss) | 9901 | -€23,191 | €31,932 | +€55,122 | |
| Financial income | 75/76B | €3,837 | €3,837 | = | 0.0% |
| Recurring financial income | 75 | €3,837 | €3,837 | = | 0.0% |
| Financial charges | 65/66B | €715 | €619 | -€96 | -13.5% |
| Recurring financial charges | 65 | €715 | €619 | -€96 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€20,069 | €35,149 | +€55,219 | |
| Income taxes | 67/77 | €4,871 | €13,400 | +€8,529 | +175% |
| Profit (loss) for the period | 9904 | -€24,940 | €21,749 | +€46,689 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,940 | €21,749 | +€46,689 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.