BLUEGREENPROJECTS: 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.
BLUEGREENPROJECTS
Largest movements
- Cash +€77,077
up €77,077 (+81.9%), from €94,098 to €171,175
mainly Current investments (+€70,000) and Receivables after one year (+€50,000)
- Current investments -€70,000
down €70,000 (-41.2%), from €170,000 to €100,000
- Receivables after one year -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year +€25,824
up €25,824 (+39.1%), from €66,055 to €91,880
of which Trade receivables: +€25,824
- Other debts -€105,805
down €105,805 (-94.7%), from €111,743 to €5,938
- Reserves +€41,925
up €41,925 (+15.1%), from €277,150 to €319,075
of which Distributable reserves: +€41,925
- Trade debts +€39,270
up €39,270 (+10,055%), from €391 to €39,661
- Tax, wage and social debts +€8,748
up €8,748 (+33.8%), from €25,901 to €34,649
of which Taxes: +€8,748
- Gross operating margin -€92,480
down €92,480 (-60.7%), from €152,317 to €59,837
- Taxes -€25,601
down €25,601 (-58.3%), from €43,876 to €18,275
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €415,885 | €400,022 | -€15,863 | -3.8% |
| Fixed assets | 21/28 | €32,928 | €31,110 | -€1,819 | -5.5% |
| Tangible fixed assets | 22/27 | €12,928 | €11,110 | -€1,819 | -14.1% |
| Land and buildings | 22 | €12,550 | €11,110 | -€1,441 | -11.5% |
| Furniture and vehicles | 24 | €378 | €0 | -€378 | -100% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €382,956 | €368,913 | -€14,044 | -3.7% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100% |
| Amounts receivable within one year | 40/41 | €66,055 | €91,880 | +€25,824 | +39.1% |
| Trade receivables | 40 | €61,055 | €86,880 | +€25,824 | +42.3% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Current investments | 50/53 | €170,000 | €100,000 | -€70,000 | -41.2% |
| Cash at bank and in hand | 54/58 | €94,098 | €171,175 | +€77,077 | +81.9% |
| Deferred charges and accrued income | 490/1 | €2,803 | €5,858 | +€3,055 | +109% |
| Total equity and liabilities | 10/49 | €415,885 | €400,022 | -€15,863 | -3.8% |
| Equity | 10/15 | €277,850 | €319,775 | +€41,925 | +15.1% |
| Contributions | 10/11 | €700 | €700 | = | 0.0% |
| Reserves | 13 | €277,150 | €319,075 | +€41,925 | +15.1% |
| Tax-exempt reserves | 132 | €78 | €78 | = | 0.0% |
| Distributable reserves | 133 | €277,071 | €318,996 | +€41,925 | +15.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €138,035 | €80,248 | -€57,787 | -41.9% |
| Amounts payable within one year | 42/48 | €138,035 | €80,248 | -€57,787 | -41.9% |
| Trade debts | 44 | €391 | €39,661 | +€39,270 | +10,055% |
| Suppliers | 440/4 | €391 | €39,661 | +€39,270 | +10,055% |
| Taxes, remuneration and social security | 45 | €25,901 | €34,649 | +€8,748 | +33.8% |
| Taxes | 450/3 | €25,901 | €34,649 | +€8,748 | +33.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €111,743 | €5,938 | -€105,805 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,272 | €1,819 | -€453 | -19.9% |
| Other operating charges | 640/8 | €2,455 | €985 | -€1,469 | -59.9% |
| Gross operating margin | 9900 | €152,317 | €59,837 | -€92,480 | -60.7% |
| Operating profit (loss) | 9901 | €147,591 | €57,033 | -€90,558 | -61.4% |
| Financial income | 75/76B | €2,195 | €3,428 | +€1,232 | +56.1% |
| Recurring financial income | 75 | €2,195 | €3,428 | +€1,232 | +56.1% |
| Financial charges | 65/66B | €241 | €260 | +€19 | +8.0% |
| Recurring financial charges | 65 | €241 | €260 | +€19 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €149,545 | €60,200 | -€89,345 | -59.7% |
| Income taxes | 67/77 | €43,876 | €18,275 | -€25,601 | -58.3% |
| Profit (loss) for the period | 9904 | €105,669 | €41,925 | -€63,744 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €105,669 | €41,925 | -€63,744 | -60.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.