BAZARDART: 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.
BAZARDART
Largest movements
- Receivables within one year +€23,844
up €23,844 (+153.7%), from €15,511 to €39,356
of which Other amounts receivable: +€28,168
- Cash -€3,128
down €3,128 (-5.6%), from €55,857 to €52,730
mainly Receivables within one year (-€23,844)
- Tangible fixed assets -€2,338
down €2,338 (-16.0%), from €14,582 to €12,243
of which Plant, machinery and equipment: -€1,207
- Trade debts +€9,976
up €9,976 (+122.1%), from €8,170 to €18,146
- Reserves +€6,652
up €6,652 (+9.4%), from €70,864 to €77,516
- Tax, wage and social debts +€1,751
up €1,751 (+15.9%), from €11,006 to €12,756
- Gross operating margin +€10,131
up €10,131 (+100.7%), from €10,059 to €20,190
- Taxes +€3,744
up €3,744 (+353.9%), from €1,058 to €4,802
- Financial charges -€1,090
down €1,090 (-75.1%), from €1,452 to €362
- Other operating charges +€892
up €892 (+13.6%), from €6,580 to €7,473
- Depreciation +€668
up €668 (+40.0%), from €1,671 to €2,338
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 | €85,950 | €104,329 | +€18,378 | +21.4% |
| Fixed assets | 21/28 | €14,582 | €12,243 | -€2,338 | -16.0% |
| Tangible fixed assets | 22/27 | €14,582 | €12,243 | -€2,338 | -16.0% |
| Plant, machinery and equipment | 23 | €11,282 | €10,075 | -€1,207 | -10.7% |
| Furniture and vehicles | 24 | €3,300 | €2,169 | -€1,131 | -34.3% |
| Current assets | 29/58 | €71,368 | €92,085 | +€20,717 | +29.0% |
| Amounts receivable within one year | 40/41 | €15,511 | €39,356 | +€23,844 | +153.7% |
| Trade receivables | 40 | €9,496 | €5,172 | -€4,324 | -45.5% |
| Other amounts receivable | 41 | €6,016 | €34,184 | +€28,168 | +468.2% |
| Cash at bank and in hand | 54/58 | €55,857 | €52,730 | -€3,128 | -5.6% |
| Total equity and liabilities | 10/49 | €85,950 | €104,329 | +€18,378 | +21.4% |
| Equity | 10/15 | €66,774 | €73,426 | +€6,652 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €70,864 | €77,516 | +€6,652 | +9.4% |
| Distributable reserves | 133 | €70,864 | €77,516 | +€6,652 | +9.4% |
| Profit (loss) carried forward | 14 | -€10,289 | -€10,289 | = | 0.0% |
| Amounts payable | 17/49 | €19,176 | €30,902 | +€11,726 | +61.2% |
| Amounts payable within one year | 42/48 | €19,176 | €30,902 | +€11,726 | +61.2% |
| Trade debts | 44 | €8,170 | €18,146 | +€9,976 | +122.1% |
| Suppliers | 440/4 | €8,170 | €18,146 | +€9,976 | +122.1% |
| Taxes, remuneration and social security | 45 | €11,006 | €12,756 | +€1,751 | +15.9% |
| Taxes | 450/3 | €11,006 | €12,756 | +€1,751 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,671 | €2,338 | +€668 | +40.0% |
| Other operating charges | 640/8 | €6,580 | €7,473 | +€892 | +13.6% |
| Gross operating margin | 9900 | €10,059 | €20,190 | +€10,131 | +100.7% |
| Operating profit (loss) | 9901 | €1,807 | €10,379 | +€8,571 | +474.3% |
| Financial income | 75/76B | €1,216 | €1,437 | +€221 | +18.2% |
| Recurring financial income | 75 | €1,216 | €1,437 | +€221 | +18.2% |
| Financial charges | 65/66B | €1,452 | €362 | -€1,090 | -75.1% |
| Recurring financial charges | 65 | €1,452 | €362 | -€1,090 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €1,572 | €11,454 | +€9,882 | +628.7% |
| Income taxes | 67/77 | €1,058 | €4,802 | +€3,744 | +353.9% |
| Profit (loss) for the period | 9904 | €514 | €6,652 | +€6,138 | +1194.8% |
| Profit (loss) for the period to be appropriated | 9905 | €514 | €6,652 | +€6,138 | +1194.8% |
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 4 October 2026 via checked.be.