BAZUU: 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.
BAZUU
Largest movements
- Cash +€36,440
up €36,440 (+93.9%), from €38,792 to €75,233
mainly Net result for the year (+€60,839) and Depreciation (+€8,260)
- Tangible fixed assets -€6,851
down €6,851 (-21.4%), from €32,021 to €25,170
- Receivables within one year -€4,860
down €4,860 (-32.4%), from €15,000 to €10,140
- Formation expenses -€1,409
no longer reported in 2025 (was €1,409)
- Reserves +€46,339
new in 2025: €46,339
- Other debts -€17,852
down €17,852 (-60.2%), from €29,665 to €11,813
- Debts after one year -€10,431
down €10,431 (-56.3%), from €18,532 to €8,101
- Tax, wage and social debts +€5,344
up €5,344 (+21.5%), from €24,882 to €30,226
- Trade debts +€1,351
up €1,351 (+66.0%), from €2,046 to €3,397
- Gross operating margin +€50,452
up €50,452 (+137.8%), from €36,618 to €87,070
- Taxes +€10,081
up €10,081 (+144.3%), from €6,987 to €17,068
- Depreciation +€4,625
up €4,625 (+127.2%), from €3,635 to €8,260
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 | €88,149 | €112,463 | +€24,314 | +27.6% |
| Formation expenses | 20 | €1,409 | - | -€1,409 | |
| Fixed assets | 21/28 | €32,021 | €25,170 | -€6,851 | -21.4% |
| Tangible fixed assets | 22/27 | €32,021 | €25,170 | -€6,851 | -21.4% |
| Furniture and vehicles | 24 | €32,021 | €25,170 | -€6,851 | -21.4% |
| Current assets | 29/58 | €54,718 | €87,293 | +€32,575 | +59.5% |
| Amounts receivable within one year | 40/41 | €15,000 | €10,140 | -€4,860 | -32.4% |
| Trade receivables | 40 | €15,000 | €10,140 | -€4,860 | -32.4% |
| Cash at bank and in hand | 54/58 | €38,792 | €75,233 | +€36,440 | +93.9% |
| Deferred charges and accrued income | 490/1 | €926 | €1,920 | +€994 | +107.4% |
| Total equity and liabilities | 10/49 | €88,149 | €112,463 | +€24,314 | +27.6% |
| Equity | 10/15 | €3,000 | €49,339 | +€46,339 | +1544.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €46,339 | +€46,339 | |
| Distributable reserves | 133 | - | €46,339 | +€46,339 | |
| Amounts payable | 17/49 | €85,149 | €63,125 | -€22,024 | -25.9% |
| Amounts payable after more than one year | 17 | €18,532 | €8,101 | -€10,431 | -56.3% |
| Financial debts | 170/4 | €18,532 | €8,101 | -€10,431 | -56.3% |
| Amounts payable within one year | 42/48 | €66,617 | €55,014 | -€11,603 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €10,024 | €9,578 | -€446 | -4.5% |
| Trade debts | 44 | €2,046 | €3,397 | +€1,351 | +66.0% |
| Suppliers | 440/4 | €2,046 | €3,397 | +€1,351 | +66.0% |
| Taxes, remuneration and social security | 45 | €24,882 | €30,226 | +€5,344 | +21.5% |
| Taxes | 450/3 | €24,882 | €30,226 | +€5,344 | +21.5% |
| Other amounts payable | 47/48 | €29,665 | €11,813 | -€17,852 | -60.2% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,635 | €8,260 | +€4,625 | +127.2% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €36,618 | €87,070 | +€50,452 | +137.8% |
| Operating profit (loss) | 9901 | €32,982 | €78,690 | +€45,707 | +138.6% |
| Financial income | 75/76B | - | €225 | +€225 | |
| Recurring financial income | 75 | - | €225 | +€225 | |
| Financial charges | 65/66B | €303 | €1,008 | +€705 | +232.6% |
| Recurring financial charges | 65 | €303 | €1,008 | +€705 | +232.6% |
| Profit (loss) for the period before taxes | 9903 | €32,679 | €77,906 | +€45,227 | +138.4% |
| Income taxes | 67/77 | €6,987 | €17,068 | +€10,081 | +144.3% |
| Profit (loss) for the period | 9904 | €25,692 | €60,839 | +€35,147 | +136.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,692 | €60,839 | +€35,147 | +136.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.