BIZNESS: what changed
What changed
BIZNESS
filed annual accounts (NBB)
Net result for the year
€20,637
2024 · €25,292-€4,655
Equity
-€276,672
2024 · -€297,309+€20,637
Cash
€2,438
2024 · €1,771+€667
Balance sheet total
€124,534
2024 · €124,799-€265
Largest movements
Assets
- Tangible fixed assets -€16,782
down €16,782 (-13.6%), from €123,028 to €106,246
- Receivables within one year +€15,850
new in 2025: €15,850
Equity and liabilities
- Debts after one year -€52,512
down €52,512 (-85.4%), from €61,454 to €8,942
- Other debts +€29,656
up €29,656 (+9.6%), from €309,841 to €339,497
- Profit (loss) carried forward +€20,637
up €20,637 (+6.4%), from -€320,909 to -€300,272
- Current portion of long-term debt +€1,904
up €1,904 (+3.8%), from €50,608 to €52,512
Income statement
- Gross operating margin -€6,224
down €6,224 (-11.1%), from €55,944 to €49,720
- Financial charges -€1,835
down €1,835 (-35.2%), from €5,212 to €3,377
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.
Result 2024
€25,292
Gross operating margin
-€6,224
Other operating charges
-€266
Financial charges
+€1,835
Result 2025
€20,637
raises the resultlowers the result
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.
From operations
+€51,275
Investment
€0
Financing
-€50,608
Cash 2024
€1,771
From operations (derived)
+€51,275
Net result for the year
+€20,637
Depreciation
+€16,782
Receivables within one year
-€15,850
Trade debts
+€50
Other debts
+€29,656
Financing
-€50,608
Debts after one year
-€52,512
Current portion of long-term debt
+€1,904
Cash 2025
€2,438
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,799 | €124,534 | -€265 | -0.2% |
| Fixed assets | 21/28 | €123,028 | €106,246 | -€16,782 | -13.6% |
| Tangible fixed assets | 22/27 | €123,028 | €106,246 | -€16,782 | -13.6% |
| Land and buildings | 22 | €123,028 | €106,246 | -€16,782 | -13.6% |
| Current assets | 29/58 | €1,771 | €18,288 | +€16,517 | +933% |
| Amounts receivable within one year | 40/41 | - | €15,850 | +€15,850 | |
| Other amounts receivable | 41 | - | €15,850 | +€15,850 | |
| Cash at bank and in hand | 54/58 | €1,771 | €2,438 | +€667 | +37.7% |
| Total equity and liabilities | 10/49 | €124,799 | €124,534 | -€265 | -0.2% |
| Equity | 10/15 | -€297,309 | -€276,672 | +€20,637 | +6.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,600 | €3,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€320,909 | -€300,272 | +€20,637 | +6.4% |
| Amounts payable | 17/49 | €422,108 | €401,206 | -€20,902 | -5.0% |
| Amounts payable after more than one year | 17 | €61,454 | €8,942 | -€52,512 | -85.4% |
| Financial debts | 170/4 | €61,454 | €8,942 | -€52,512 | -85.4% |
| Amounts payable within one year | 42/48 | €360,654 | €392,264 | +€31,610 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €50,608 | €52,512 | +€1,904 | +3.8% |
| Trade debts | 44 | €205 | €255 | +€50 | +24.4% |
| Suppliers | 440/4 | €205 | €255 | +€50 | +24.4% |
| Other amounts payable | 47/48 | €309,841 | €339,497 | +€29,656 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,782 | €16,782 | = | 0.0% |
| Other operating charges | 640/8 | €8,658 | €8,924 | +€266 | +3.1% |
| Gross operating margin | 9900 | €55,944 | €49,720 | -€6,224 | -11.1% |
| Operating profit (loss) | 9901 | €30,504 | €24,014 | -€6,490 | -21.3% |
| Financial charges | 65/66B | €5,212 | €3,377 | -€1,835 | -35.2% |
| Recurring financial charges | 65 | €5,212 | €3,377 | -€1,835 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €25,292 | €20,637 | -€4,655 | -18.4% |
| Profit (loss) for the period | 9904 | €25,292 | €20,637 | -€4,655 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,292 | €20,637 | -€4,655 | -18.4% |
Next steps
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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 3 November 2026 via checked.be.