BAZE INTERNATIONAL: 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.
BAZE INTERNATIONAL
Largest movements
- Cash -€14,386
down €14,386 (-25.1%), from €57,247 to €42,860
mainly Contributions, distributions and other (-€22,000) and Tax, wage and social debts (-€4,976)
- Tangible fixed assets -€2,357
down €2,357 (-66.3%), from €3,558 to €1,200
- Profit (loss) carried forward -€12,938
down €12,938 (-30.9%), from €41,913 to €28,975
- Tax, wage and social debts -€4,976
down €4,976 (-61.1%), from €8,139 to €3,163
- Other debts +€2,000
up €2,000 (+10.0%), from €20,000 to €22,000
- Gross operating margin -€5,986
down €5,986 (-24.8%), from €24,135 to €18,149
- Taxes -€1,201
down €1,201 (-26.3%), from €4,571 to €3,370
- Depreciation -€842
down €842 (-27.2%), from €3,099 to €2,258
- Financial income -€474
down €474 (-86.7%), from €546 to €72
- Financial charges +€255
up €255 (+11.3%), from €2,257 to €2,511
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 | €94,901 | €78,965 | -€15,937 | -16.8% |
| Fixed assets | 21/28 | €4,010 | €1,408 | -€2,601 | -64.9% |
| Tangible fixed assets | 22/27 | €3,558 | €1,200 | -€2,357 | -66.3% |
| Furniture and vehicles | 24 | €3,558 | €1,200 | -€2,357 | -66.3% |
| Financial fixed assets | 28 | €452 | €208 | -€244 | -54.0% |
| Current assets | 29/58 | €90,892 | €77,556 | -€13,335 | -14.7% |
| Amounts receivable within one year | 40/41 | €32,307 | €33,242 | +€935 | +2.9% |
| Trade receivables | 40 | €27,502 | €27,171 | -€331 | -1.2% |
| Other amounts receivable | 41 | €4,805 | €6,071 | +€1,266 | +26.4% |
| Cash at bank and in hand | 54/58 | €57,247 | €42,860 | -€14,386 | -25.1% |
| Deferred charges and accrued income | 490/1 | €1,338 | €1,454 | +€116 | +8.7% |
| Total equity and liabilities | 10/49 | €94,901 | €78,965 | -€15,937 | -16.8% |
| Equity | 10/15 | €62,364 | €49,427 | -€12,938 | -20.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,913 | €28,975 | -€12,938 | -30.9% |
| Amounts payable | 17/49 | €32,537 | €29,538 | -€2,999 | -9.2% |
| Amounts payable within one year | 42/48 | €32,537 | €29,454 | -€3,083 | -9.5% |
| Financial debts | 43 | €2,833 | €3,621 | +€788 | +27.8% |
| Credit institutions | 430/8 | €2,833 | €3,621 | +€788 | +27.8% |
| Trade debts | 44 | €1,565 | €670 | -€895 | -57.2% |
| Suppliers | 440/4 | €1,565 | €670 | -€895 | -57.2% |
| Taxes, remuneration and social security | 45 | €8,139 | €3,163 | -€4,976 | -61.1% |
| Taxes | 450/3 | €8,139 | €3,163 | -€4,976 | -61.1% |
| Other amounts payable | 47/48 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Accrued charges and deferred income | 492/3 | - | €84 | +€84 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,099 | €2,258 | -€842 | -27.2% |
| Other operating charges | 640/8 | €889 | €921 | +€32 | +3.6% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €24,135 | €18,149 | -€5,986 | -24.8% |
| Operating profit (loss) | 9901 | €20,147 | €14,871 | -€5,276 | -26.2% |
| Financial income | 75/76B | €546 | €72 | -€474 | -86.7% |
| Recurring financial income | 75 | €546 | €72 | -€474 | -86.7% |
| Financial charges | 65/66B | €2,257 | €2,511 | +€255 | +11.3% |
| Recurring financial charges | 65 | €2,257 | €2,511 | +€255 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €18,436 | €12,432 | -€6,004 | -32.6% |
| Income taxes | 67/77 | €4,571 | €3,370 | -€1,201 | -26.3% |
| Profit (loss) for the period | 9904 | €13,865 | €9,062 | -€4,803 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,865 | €9,062 | -€4,803 | -34.6% |
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 20 October 2026 via checked.be.