BIZTREE: 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.
BIZTREE
Largest movements
- Cash +€7,928
up €7,928 (+13.8%), from €57,519 to €65,447
mainly Net result for the year (+€6,590) and Current portion of long-term debt (+€2,385)
- Reserves +€6,590
up €6,590 (+9.0%), from €72,985 to €79,575
- Current portion of long-term debt +€2,385
new in 2025: €2,385
- Depreciation +€965
up €965 (+111%), from €868 to €1,832
- Gross operating margin +€187
up €187 (+1.3%), from €14,135 to €14,322
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 | €85,641 | €95,324 | +€9,683 | +11.3% |
| Fixed assets | 21/28 | €3,091 | €3,679 | +€588 | +19.0% |
| Tangible fixed assets | 22/27 | €3,091 | €3,679 | +€588 | +19.0% |
| Plant, machinery and equipment | 23 | - | €2,134 | +€2,134 | |
| Furniture and vehicles | 24 | €3,091 | €1,546 | -€1,546 | -50.0% |
| Current assets | 29/58 | €82,549 | €91,645 | +€9,096 | +11.0% |
| Amounts receivable within one year | 40/41 | €19,362 | €20,118 | +€756 | +3.9% |
| Trade receivables | 40 | €16,444 | €17,097 | +€653 | +4.0% |
| Other amounts receivable | 41 | €2,918 | €3,021 | +€102 | +3.5% |
| Cash at bank and in hand | 54/58 | €57,519 | €65,447 | +€7,928 | +13.8% |
| Deferred charges and accrued income | 490/1 | €5,668 | €6,080 | +€412 | +7.3% |
| Total equity and liabilities | 10/49 | €85,641 | €95,324 | +€9,683 | +11.3% |
| Equity | 10/15 | €74,429 | €81,019 | +€6,590 | +8.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €72,985 | €79,575 | +€6,590 | +9.0% |
| Distributable reserves | 133 | €72,985 | €79,575 | +€6,590 | +9.0% |
| Profit (loss) carried forward | 14 | €444 | €444 | = | 0.0% |
| Amounts payable | 17/49 | €11,212 | €14,305 | +€3,093 | +27.6% |
| Amounts payable within one year | 42/48 | €11,212 | €14,305 | +€3,093 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | - | €2,385 | +€2,385 | |
| Trade debts | 44 | €4,074 | €3,760 | -€314 | -7.7% |
| Suppliers | 440/4 | €4,074 | €3,760 | -€314 | -7.7% |
| Taxes, remuneration and social security | 45 | €6,600 | €6,897 | +€297 | +4.5% |
| Taxes | 450/3 | €3,783 | €6,897 | +€3,114 | +82.3% |
| Remuneration and social security | 454/9 | €2,817 | - | -€2,817 | |
| Other amounts payable | 47/48 | €538 | €1,264 | +€726 | +135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868 | €1,832 | +€965 | +111% |
| Other operating charges | 640/8 | €1,065 | €1,014 | -€51 | -4.8% |
| Gross operating margin | 9900 | €14,135 | €14,322 | +€187 | +1.3% |
| Operating profit (loss) | 9901 | €12,203 | €11,476 | -€727 | -6.0% |
| Financial income | 75/76B | €0 | €23 | +€23 | +114,400% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +114,400% |
| Financial charges | 65/66B | €941 | €929 | -€11 | -1.2% |
| Recurring financial charges | 65 | €941 | €929 | -€11 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €11,262 | €10,569 | -€693 | -6.2% |
| Income taxes | 67/77 | €4,082 | €3,979 | -€102 | -2.5% |
| Profit (loss) for the period | 9904 | €7,181 | €6,590 | -€590 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,181 | €6,590 | -€590 | -8.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.