BAZAAR: what changed
Two fiscal 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.
BAZAAR
Largest movements
- Receivables within one year +€8,480
up €8,480 (+25.9%), from €32,680 to €41,159
of which Other amounts receivable: +€7,571
- Cash -€6,919
down €6,919 (-56.6%), from €12,217 to €5,298
mainly Receivables within one year (-€8,480) and Investment in fixed assets (net) (-€4,648)
- Tangible fixed assets -€2,806
down €2,806 (-5.3%), from €53,185 to €50,378
of which Other tangible fixed assets: -€6,449
- Tax, wage and social debts -€2,931
down €2,931 (-48.1%), from €6,100 to €3,169
- Trade debts +€1,134
up €1,134 (+1671.2%), from €68 to €1,201
- Gross operating margin -€3,085
down €3,085 (-24.1%), from €12,811 to €9,725
- Financial income +€550
up €550 (+437.8%), from €126 to €676
- Depreciation +€356
up €356 (+5.0%), from €7,099 to €7,455
- Other operating charges +€325
up €325 (+12.1%), from €2,685 to €3,010
- Financial charges -€191
down €191 (-45.7%), from €417 to €226
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 | €98,082 | €96,877 | -€1,204 | -1.2% |
| Fixed assets | 21/28 | €53,185 | €50,378 | -€2,806 | -5.3% |
| Tangible fixed assets | 22/27 | €53,185 | €50,378 | -€2,806 | -5.3% |
| Plant, machinery and equipment | 23 | €692 | €3,522 | +€2,830 | +408.7% |
| Furniture and vehicles | 24 | €900 | €1,713 | +€813 | +90.3% |
| Other tangible fixed assets | 26 | €51,592 | €45,143 | -€6,449 | -12.5% |
| Current assets | 29/58 | €44,897 | €46,499 | +€1,602 | +3.6% |
| Amounts receivable within one year | 40/41 | €32,680 | €41,159 | +€8,480 | +25.9% |
| Trade receivables | 40 | €27,800 | €28,709 | +€909 | +3.3% |
| Other amounts receivable | 41 | €4,880 | €12,451 | +€7,571 | +155.2% |
| Cash at bank and in hand | 54/58 | €12,217 | €5,298 | -€6,919 | -56.6% |
| Deferred charges and accrued income | 490/1 | - | €41 | +€41 | |
| Total equity and liabilities | 10/49 | €98,082 | €96,877 | -€1,204 | -1.2% |
| Equity | 10/15 | €91,914 | €91,625 | -€289 | -0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €16,980 | €16,980 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,304 | €8,304 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,304 | €8,304 | = | 0.0% |
| Distributable reserves | 133 | €8,676 | €8,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,342 | €56,053 | -€289 | -0.5% |
| Amounts payable | 17/49 | €6,168 | €5,253 | -€915 | -14.8% |
| Amounts payable within one year | 42/48 | €6,168 | €4,370 | -€1,798 | -29.1% |
| Trade debts | 44 | €68 | €1,201 | +€1,134 | +1671.2% |
| Suppliers | 440/4 | €68 | €1,201 | +€1,134 | +1671.2% |
| Taxes, remuneration and social security | 45 | €6,100 | €3,169 | -€2,931 | -48.1% |
| Taxes | 450/3 | €6,100 | €3,169 | -€2,931 | -48.1% |
| Accrued charges and deferred income | 492/3 | - | €882 | +€882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,099 | €7,455 | +€356 | +5.0% |
| Other operating charges | 640/8 | €2,685 | €3,010 | +€325 | +12.1% |
| Gross operating margin | 9900 | €12,811 | €9,725 | -€3,085 | -24.1% |
| Operating profit (loss) | 9901 | €3,028 | -€739 | -€3,766 | |
| Financial income | 75/76B | €126 | €676 | +€550 | +437.8% |
| Recurring financial income | 75 | €126 | €676 | +€550 | +437.8% |
| Financial charges | 65/66B | €417 | €226 | -€191 | -45.7% |
| Recurring financial charges | 65 | €417 | €226 | -€191 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €2,736 | -€289 | -€3,025 | |
| Profit (loss) for the period | 9904 | €2,736 | -€289 | -€3,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,736 | -€289 | -€3,025 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.