BIZFIN: 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.
BIZFIN
Largest movements
- Receivables within one year +€17,659
up €17,659 (+278%), from €6,341 to €24,000
of which Trade receivables: +€21,028
- Tangible fixed assets -€3,967
down €3,967 (-34.5%), from €11,505 to €7,539
- Deferred charges and accrued income -€531
no longer reported in 2025 (was €531)
- Advances received +€12,705
new in 2025: €12,705
- Profit (loss) carried forward +€2,360
up €2,360 (+16.9%), from -€13,955 to -€11,595
- Trade debts +€2,136
up €2,136 (+33.0%), from €6,472 to €8,607
- Tax, wage and social debts -€2,079
down €2,079 (-69.6%), from €2,990 to €910
- Other debts -€2,010
down €2,010 (-11.2%), from €17,935 to €15,925
- Gross operating margin +€10,686
up €10,686, from -€3,533 to €7,154
- Depreciation +€1,947
up €1,947 (+96.4%), from €2,020 to €3,967
- Financial charges +€175
up €175 (+103%), from €169 to €345
- Other operating charges +€83
up €83 (+20.7%), from €400 to €483
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 | €18,441 | €31,553 | +€13,111 | +71.1% |
| Fixed assets | 21/28 | €11,505 | €7,539 | -€3,967 | -34.5% |
| Tangible fixed assets | 22/27 | €11,505 | €7,539 | -€3,967 | -34.5% |
| Furniture and vehicles | 24 | €11,505 | €7,539 | -€3,967 | -34.5% |
| Current assets | 29/58 | €6,936 | €24,014 | +€17,078 | +246% |
| Amounts receivable within one year | 40/41 | €6,341 | €24,000 | +€17,659 | +278% |
| Trade receivables | 40 | €2,972 | €24,000 | +€21,028 | +707% |
| Other amounts receivable | 41 | €3,369 | - | -€3,369 | |
| Cash at bank and in hand | 54/58 | €64 | €14 | -€50 | -78.2% |
| Deferred charges and accrued income | 490/1 | €531 | - | -€531 | |
| Total equity and liabilities | 10/49 | €18,441 | €31,553 | +€13,111 | +71.1% |
| Equity | 10/15 | -€8,955 | -€6,595 | +€2,360 | +26.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,955 | -€11,595 | +€2,360 | +16.9% |
| Amounts payable | 17/49 | €27,397 | €38,148 | +€10,751 | +39.2% |
| Amounts payable within one year | 42/48 | €27,397 | €38,148 | +€10,751 | +39.2% |
| Trade debts | 44 | €6,472 | €8,607 | +€2,136 | +33.0% |
| Suppliers | 440/4 | €6,472 | €8,607 | +€2,136 | +33.0% |
| Advances received on contracts in progress | 46 | - | €12,705 | +€12,705 | |
| Taxes, remuneration and social security | 45 | €2,990 | €910 | -€2,079 | -69.6% |
| Taxes | 450/3 | €2,990 | €910 | -€2,079 | -69.6% |
| Other amounts payable | 47/48 | €17,935 | €15,925 | -€2,010 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,020 | €3,967 | +€1,947 | +96.4% |
| Other operating charges | 640/8 | €400 | €483 | +€83 | +20.7% |
| Gross operating margin | 9900 | -€3,533 | €7,154 | +€10,686 | |
| Operating profit (loss) | 9901 | -€5,952 | €2,704 | +€8,656 | |
| Financial charges | 65/66B | €169 | €345 | +€175 | +103% |
| Recurring financial charges | 65 | €169 | €345 | +€175 | +103% |
| Profit (loss) for the period before taxes | 9903 | -€6,121 | €2,360 | +€8,481 | |
| Profit (loss) for the period | 9904 | -€6,121 | €2,360 | +€8,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,121 | €2,360 | +€8,481 |
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 30 October 2026 via checked.be.