BIZ GROUP: what changed
BIZ GROUP
Largest movements
- Tangible fixed assets -€136,943
down €136,943 (-16.1%), from €850,036 to €713,093
of which Furniture and vehicles: -€150,053
- Receivables within one year -€38,366
down €38,366 (-70.9%), from €54,094 to €15,728
of which Trade receivables: -€38,195
- Intangible fixed assets -€38,000
down €38,000 (-21.5%), from €177,145 to €139,145
- Debts after one year -€394,892
down €394,892 (-53.2%), from €742,874 to €347,981
of which Financial debts: -€285,289
- Profit (loss) carried forward +€259,197
up €259,197 (+70.7%), from -€366,515 to -€107,317
- Other debts -€74,774
down €74,774 (-34.9%), from €214,453 to €139,678
- Current portion of long-term debt +€32,540
up €32,540 (+15.9%), from €205,096 to €237,636
- Tax, wage and social debts -€22,442
down €22,442 (-38.4%), from €58,393 to €35,951
of which Remuneration and social security: -€18,622
- Gross operating margin +€336,577
up €336,577 (+68.2%), from €493,205 to €829,782
- Staff costs +€40,344
up €40,344 (+17.4%), from €232,498 to €272,842
- Financial charges +€18,717
up €18,717 (+90.2%), from €20,750 to €39,467
- Depreciation +€18,174
up €18,174 (+8.4%), from €216,527 to €234,700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,114,966 | €915,714 | -€199,252 | -17.9% |
| Fixed assets | 21/28 | €1,027,181 | €852,238 | -€174,943 | -17.0% |
| Intangible fixed assets | 21 | €177,145 | €139,145 | -€38,000 | -21.5% |
| Tangible fixed assets | 22/27 | €850,036 | €713,093 | -€136,943 | -16.1% |
| Land and buildings | 22 | €57,358 | €53,835 | -€3,523 | -6.1% |
| Plant, machinery and equipment | 23 | €188,267 | €204,901 | +€16,633 | +8.8% |
| Furniture and vehicles | 24 | €604,410 | €454,357 | -€150,053 | -24.8% |
| Current assets | 29/58 | €87,785 | €63,476 | -€24,309 | -27.7% |
| Stocks and contracts in progress | 3 | €3,971 | €3,971 | = | 0.0% |
| Stocks | 30/36 | €3,971 | €3,971 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,094 | €15,728 | -€38,366 | -70.9% |
| Trade receivables | 40 | €53,924 | €15,728 | -€38,195 | -70.8% |
| Other amounts receivable | 41 | €170 | €0 | -€170 | -100% |
| Cash at bank and in hand | 54/58 | €29,720 | €38,526 | +€8,806 | +29.6% |
| Deferred charges and accrued income | 490/1 | - | €5,251 | +€5,251 | |
| Total equity and liabilities | 10/49 | €1,114,966 | €915,714 | -€199,252 | -17.9% |
| Equity | 10/15 | -€166,515 | €92,683 | +€259,197 | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€366,515 | -€107,317 | +€259,197 | +70.7% |
| Amounts payable | 17/49 | €1,281,481 | €823,032 | -€458,449 | -35.8% |
| Amounts payable after more than one year | 17 | €742,874 | €347,981 | -€394,892 | -53.2% |
| Financial debts | 170/4 | €633,270 | €347,981 | -€285,289 | -45.1% |
| Other amounts payable | 178/9 | €109,603 | €0 | -€109,603 | -100% |
| Amounts payable within one year | 42/48 | €538,408 | €467,550 | -€70,858 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €205,096 | €237,636 | +€32,540 | +15.9% |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €60,467 | €54,286 | -€6,181 | -10.2% |
| Suppliers | 440/4 | €60,467 | €54,286 | -€6,181 | -10.2% |
| Taxes, remuneration and social security | 45 | €58,393 | €35,951 | -€22,442 | -38.4% |
| Taxes | 450/3 | €5,068 | €1,248 | -€3,820 | -75.4% |
| Remuneration and social security | 454/9 | €53,325 | €34,703 | -€18,622 | -34.9% |
| Other amounts payable | 47/48 | €214,453 | €139,678 | -€74,774 | -34.9% |
| Accrued charges and deferred income | 492/3 | €199 | €7,500 | +€7,301 | +3,661% |
| Non-recurring operating income | 76A | - | €239,176 | +€239,176 | |
| Remuneration, social security and pensions | 62 | €232,498 | €272,842 | +€40,344 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,527 | €234,700 | +€18,174 | +8.4% |
| Other operating charges | 640/8 | €26,858 | €23,577 | -€3,281 | -12.2% |
| Gross operating margin | 9900 | €493,205 | €829,782 | +€336,577 | +68.2% |
| Operating profit (loss) | 9901 | €17,322 | €298,662 | +€281,340 | +1,624% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €20,750 | €39,467 | +€18,717 | +90.2% |
| Recurring financial charges | 65 | €20,750 | €39,467 | +€18,717 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,427 | €259,197 | +€262,625 | |
| Income taxes | 67/77 | €1,428 | €0 | -€1,428 | -100% |
| Profit (loss) for the period | 9904 | -€4,856 | €259,197 | +€264,053 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,856 | €259,197 | +€264,053 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.