B.Z.H. IT: 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.
B.Z.H. IT
Largest movements
- Receivables within one year +€39,831
up €39,831 (+281%), from €14,165 to €53,997
of which Trade receivables: +€23,776
- Current investments -€39,703
down €39,703 (-79.4%), from €50,000 to €10,297
- Cash -€31,908
down €31,908 (-20.4%), from €156,183 to €124,275
mainly Receivables within one year (-€39,831) and Debts after one year (-€27,600)
- Tangible fixed assets -€16,075
down €16,075 (-4.0%), from €398,705 to €382,629
of which Land and buildings: -€13,608
- Debts after one year -€27,600
down €27,600 (-15.6%), from €176,875 to €149,275
- Profit (loss) carried forward -€20,586
down €20,586 (-16.4%), from €125,450 to €104,864
- Gross operating margin -€84,123
down €84,123, from €84,083 to -€40
- Taxes -€13,706
down €13,706 (-99.0%), from €13,838 to €132
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.
Derived cash bridge
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 | €619,903 | €572,015 | -€47,888 | -7.7% |
| Fixed assets | 21/28 | €398,970 | €382,894 | -€16,075 | -4.0% |
| Tangible fixed assets | 22/27 | €398,705 | €382,629 | -€16,075 | -4.0% |
| Land and buildings | 22 | €394,202 | €380,594 | -€13,608 | -3.5% |
| Furniture and vehicles | 24 | €4,502 | €2,035 | -€2,467 | -54.8% |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €220,933 | €189,121 | -€31,812 | -14.4% |
| Amounts receivable within one year | 40/41 | €14,165 | €53,997 | +€39,831 | +281% |
| Trade receivables | 40 | €14,165 | €37,942 | +€23,776 | +168% |
| Other amounts receivable | 41 | - | €16,055 | +€16,055 | |
| Current investments | 50/53 | €50,000 | €10,297 | -€39,703 | -79.4% |
| Cash at bank and in hand | 54/58 | €156,183 | €124,275 | -€31,908 | -20.4% |
| Deferred charges and accrued income | 490/1 | €585 | €551 | -€33 | -5.7% |
| Total equity and liabilities | 10/49 | €619,903 | €572,015 | -€47,888 | -7.7% |
| Equity | 10/15 | €402,767 | €382,181 | -€20,586 | -5.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €271,116 | €271,116 | = | 0.0% |
| 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 | €269,256 | €269,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,450 | €104,864 | -€20,586 | -16.4% |
| Amounts payable | 17/49 | €217,136 | €189,835 | -€27,301 | -12.6% |
| Amounts payable after more than one year | 17 | €176,875 | €149,275 | -€27,600 | -15.6% |
| Financial debts | 170/4 | €176,875 | €149,275 | -€27,600 | -15.6% |
| Amounts payable within one year | 42/48 | €40,261 | €40,560 | +€298 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €30,529 | €30,993 | +€464 | +1.5% |
| Trade debts | 44 | €649 | €943 | +€294 | +45.4% |
| Suppliers | 440/4 | €649 | €943 | +€294 | +45.4% |
| Taxes, remuneration and social security | 45 | €6,383 | €8,623 | +€2,241 | +35.1% |
| Taxes | 450/3 | €6,383 | €6,955 | +€572 | +9.0% |
| Remuneration and social security | 454/9 | - | €1,669 | +€1,669 | |
| Other amounts payable | 47/48 | €2,701 | - | -€2,701 | |
| Non-recurring operating income | 76A | €247 | - | -€247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,088 | €16,075 | -€13 | -0.1% |
| Other operating charges | 640/8 | €2,044 | €2,259 | +€215 | +10.5% |
| Gross operating margin | 9900 | €84,083 | -€40 | -€84,123 | |
| Operating profit (loss) | 9901 | €65,950 | -€18,374 | -€84,324 | |
| Financial income | 75/76B | €1,519 | €1,547 | +€27 | +1.8% |
| Recurring financial income | 75 | €1,519 | €1,547 | +€27 | +1.8% |
| Financial charges | 65/66B | €4,319 | €3,627 | -€692 | -16.0% |
| Recurring financial charges | 65 | €4,319 | €3,627 | -€692 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €63,151 | -€20,454 | -€83,605 | |
| Income taxes | 67/77 | €13,838 | €132 | -€13,706 | -99.0% |
| Profit (loss) for the period | 9904 | €49,312 | -€20,586 | -€69,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,312 | -€20,586 | -€69,899 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.