BUZZYNEST
Judicial reorganisationFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 2 filings
Equity
-€621,925▼ 570%
2024 · -€92,891
Total assets
€396,823▼ 45.2%
2024 · €723,648
Net result
-€529,034▼ 243%
2024 · -€154,391
Working capital
-€264,832▼ 273%
2024 · -€71,092
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
-€528,587
▼ 243%
2025
20242025
Net result
-€529,034
▼ 243%
2025
lowest quarter of the sector
20242025
Equity
-€621,925
▼ 570%
2025
lowest quarter of the sector
20242025
Total assets
€396,823
▼ 45.2%
2025
middle half of the sector
20242025
Debt
€1.0m
▲ 24.8%
2025
20242025
Working capital
-€264,832
▼ 273%
2025
lowest quarter of the sector
20242025
Solvency
-156.7%
▼ 143.9pp
2025
lowest quarter of the sector
20242025
Current ratio
0.22
▼ 0.60
2025
lowest quarter of the sector
20242025
Return on assets (ROA)
-133.3%
▼ 112.0pp
2025
lowest quarter of the sector
20242025
Staff (FTE)
2.1
▲ 61.5%
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€0.2m--€0.5m▼ 243%
Net result-€0.2mbelow the sector's middle half--€0.5mbelow the sector's middle half▼ 243%
Equity-€0.09mbelow the sector's middle half--€0.6mbelow the sector's middle half▼ 570%
Total assets€0.7mabove the sector's middle half-€0.4mwithin the sector's middle half▼ 45.2%
Debt€0.8m-€1.0m▲ 24.8%
Working capital-€0.07mbelow the sector's middle half--€0.3mbelow the sector's middle half▼ 273%
Solvency-12.8%below the sector's middle half--156.7%below the sector's middle half▼ 143.9pp
Current ratio0.81below the sector's middle half-0.22below the sector's middle half▼ 0.60
Return on assets (ROA)-21.3%below the sector's middle half--133.3%below the sector's middle half▼ 112.0pp
Staff (FTE)1.3-2.1▲ 61.5%
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €528,587, larger than the loss of €154,038 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €396,823
Fixed assets
€322,362 ▼ 21.5%
Current assets
€74,461 ▼ 76.2%
Equity and liabilities
Equity-€621,925
Debt€1.0m
Equity is negative. Debt (€1.0m) exceeds the balance-sheet total (€396,823).
Key figures and ratios
EBITDA
-€431,553▼
2024 · -€80,435
Cash flow
-€432,000▼
2024 · -€80,787
Interest coverage
-955.25▼
2024 · -169.03
Debt ≤ 1 year
€339,292▼
2024 · €383,938
Debt > 1 year
€652,600▲
2024 · €432,600
Staff costs
€126,342▲
2024 · €80,459
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 3 |
| full-time | 2 | 2 |
| part-time | - | 1 |
| in full-time equivalents | 2 | 2.8 |
| Average over the year, in full-time equivalents | 1.3 | 2.1 |
| On a permanent contract | 1 | 1 |
| Joined | 14 | 29 |
| Left | 12 | 28 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €37,404 | €8,595 |
| Intangible fixed assets | €447,000 | - |
| Depreciation and write-downs of the year | €73,603 | €97,034 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €80,459 | €126,342 | ▲ 57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73,603 | €97,034 | ▲ 31.8% |
| Other operating charges640/8 | €153,353 | €151,255 | ▼ 1.4% |
| Gross operating margin9900 | €153,377 | -€153,955 | - |
| Operating profit (loss)9901 | -€154,038 | -€528,587 | ▼ 243% |
| Financial income75/76B | €123 | €5 | ▼ 96.3% |
| Recurring financial income75 | €123 | €5 | ▼ 96.3% |
| Financial charges65/66B | €476 | €452 | ▼ 5.1% |
| Recurring financial charges65 | €476 | €452 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | -€154,391 | -€529,034 | ▼ 243% |
| Profit (loss) for the period9904 | -€154,391 | -€529,034 | ▼ 243% |
| Profit (loss) for the period to be appropriated9905 | -€154,391 | -€529,034 | ▼ 243% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €0.7m | €0.4m | ▼ 45.2% |
| Fixed assets21/28 | €0.4m | €0.3m | ▼ 21.5% |
| Intangible fixed assets21 | €0.4m | €0.3m | ▼ 23.7% |
| Tangible fixed assets22/27 | €0.03m | €0.03m | ▲ 2.9% |
| Furniture and vehicles24 | €0.03m | €0.02m | ▼ 23.9% |
| Other tangible fixed assets26 | €0.005m | €0.01m | ▲ 156% |
| Current assets29/58 | €0.3m | €0.07m | ▼ 76.2% |
| Amounts receivable within one year40/41 | €0.2m | €0.06m | ▼ 75.1% |
| Trade receivables40 | €0.2m | €0.05m | ▼ 76.2% |
| Other amounts receivable41 | €0.002m | €0.003m | ▲ 72.1% |
| Cash at bank and in hand54/58 | €0.05m | €0.01m | ▼ 78.7% |
| Deferred charges and accrued income490/1 | €0.04m | €0.008m | ▼ 79.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €0.7m | €0.4m | ▼ 45.2% |
| Equity10/15 | -€0.09m | -€0.6m | ▼ 570% |
| Contributions10/11 | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.7m | ▼ 343% |
| Amounts payable17/49 | €0.8m | €1.0m | ▲ 24.8% |
| Amounts payable after more than one year17 | €0.4m | €0.7m | ▲ 50.9% |
| Other amounts payable178/9 | €0.4m | €0.7m | ▲ 50.9% |
| Amounts payable within one year42/48 | €0.4m | €0.3m | ▼ 11.6% |
| Trade debts44 | €0.3m | €0.3m | ▼ 2.4% |
| Suppliers440/4 | €0.3m | €0.3m | ▼ 2.4% |
| Taxes, remuneration and social security45 | €0.1m | €0.07m | ▼ 35.7% |
| Taxes450/3 | €0.1m | €0.04m | ▼ 56.4% |
| Remuneration and social security454/9 | €0.01m | €0.03m | ▲ 141% |
| Accrued charges and deferred income492/3 | - | €0.03m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€154,391 | -€529,034 | ▼ 243% |
| + Depreciation and write-downs630 | €73,603 | €97,034 | ▲ 31.8% |
| Operating cash flow (approximation) | -€80,787 | -€432,000 | ▼ 435% |
| Investment in fixed assets (approximation) | - | -€8,595 | - |
| Change in cash | - | -€36,053 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.