BAZIELS: 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.
BAZIELS
Largest movements
- Receivables within one year +€2,674
up €2,674 (+6.0%), from €44,323 to €46,997
of which Other amounts receivable: +€1,840
- Cash -€2,569
down €2,569 (-3.2%), from €81,513 to €78,943
mainly Contributions, distributions and other (-€104,907) and Receivables within one year (-€2,674)
- Profit (loss) carried forward -€52,614
down €52,614 (-89.4%), from €58,870 to €6,256
- Other debts +€51,292
up €51,292 (+142%), from €36,208 to €87,500
- Gross operating margin -€1,966
down €1,966 (-2.7%), from €73,105 to €71,139
- Taxes -€860
down €860 (-4.4%), from €19,374 to €18,514
- Financial income +€777
new in 2025: €777
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 | €128,509 | €128,732 | +€223 | +0.2% |
| Fixed assets | 21/28 | €2,314 | €1,680 | -€634 | -27.4% |
| Tangible fixed assets | 22/27 | €2,314 | €1,680 | -€634 | -27.4% |
| Furniture and vehicles | 24 | €2,314 | €1,680 | -€634 | -27.4% |
| Current assets | 29/58 | €126,195 | €127,052 | +€857 | +0.7% |
| Amounts receivable within one year | 40/41 | €44,323 | €46,997 | +€2,674 | +6.0% |
| Trade receivables | 40 | €13,323 | €14,157 | +€834 | +6.3% |
| Other amounts receivable | 41 | €31,000 | €32,840 | +€1,840 | +5.9% |
| Cash at bank and in hand | 54/58 | €81,513 | €78,943 | -€2,569 | -3.2% |
| Deferred charges and accrued income | 490/1 | €359 | €1,111 | +€752 | +210% |
| Total equity and liabilities | 10/49 | €128,509 | €128,732 | +€223 | +0.2% |
| Equity | 10/15 | €60,870 | €8,256 | -€52,614 | -86.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,870 | €6,256 | -€52,614 | -89.4% |
| Amounts payable | 17/49 | €67,639 | €120,477 | +€52,838 | +78.1% |
| Amounts payable within one year | 42/48 | €67,639 | €120,477 | +€52,838 | +78.1% |
| Trade debts | 44 | - | €456 | +€456 | |
| Suppliers | 440/4 | - | €456 | +€456 | |
| Taxes, remuneration and social security | 45 | €31,431 | €32,521 | +€1,089 | +3.5% |
| Taxes | 450/3 | €31,431 | €32,521 | +€1,089 | +3.5% |
| Other amounts payable | 47/48 | €36,208 | €87,500 | +€51,292 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634 | €634 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €73,105 | €71,139 | -€1,966 | -2.7% |
| Operating profit (loss) | 9901 | €72,084 | €70,106 | -€1,978 | -2.7% |
| Financial income | 75/76B | - | €777 | +€777 | |
| Recurring financial income | 75 | - | €777 | +€777 | |
| Financial charges | 65/66B | €801 | €77 | -€724 | -90.4% |
| Recurring financial charges | 65 | €801 | €77 | -€724 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | €71,282 | €70,806 | -€477 | -0.7% |
| Income taxes | 67/77 | €19,374 | €18,514 | -€860 | -4.4% |
| Profit (loss) for the period | 9904 | €51,909 | €52,292 | +€383 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,909 | €52,292 | +€383 | +0.7% |
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 19 October 2026 via checked.be.