BIZZ INVEST: 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.
BIZZ INVEST
Largest movements
- Current investments +€2.7m
up €2.7m (+542%), from €502,145 to €3.2m
- Financial fixed assets -€1.2m
no longer reported in 2025 (was €1.2m)
- Tangible fixed assets -€1.1m
down €1.1m (-34.2%), from €3.2m to €2.1m
of which Land and buildings: -€1.0m
- Cash +€1.1m
up €1.1m (+1,274%), from €83,389 to €1.1m
mainly Investment in fixed assets (net) (+€2.2m) and Net result for the year (+€1.7m)
- Reserves +€1.7m
up €1.7m (+49.7%), from €3.5m to €5.2m
of which Distributable reserves: +€1.7m
- Other debts -€299,403
down €299,403 (-22.3%), from €1.3m to €1.0m
- Gross operating margin +€1.4m
up €1.4m (+122%), from €1.2m to €2.6m
- Taxes +€475,646
up €475,646 (+148%), from €322,095 to €797,741
- Financial income +€45,105
up €45,105 (+164%), from €27,552 to €72,656
- Depreciation -€39,889
down €39,889 (-36.0%), from €110,755 to €70,866
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 | €5,005,032 | €6,471,095 | +€1.5m | +29.3% |
| Fixed assets | 21/28 | €4,380,960 | €2,079,677 | -€2.3m | -52.5% |
| Tangible fixed assets | 22/27 | €3,159,210 | €2,079,677 | -€1.1m | -34.2% |
| Land and buildings | 22 | €3,076,165 | €2,069,735 | -€1.0m | -32.7% |
| Plant, machinery and equipment | 23 | €10,347 | €2,175 | -€8,172 | -79.0% |
| Furniture and vehicles | 24 | €72,699 | €7,766 | -€64,933 | -89.3% |
| Financial fixed assets | 28 | €1,221,750 | - | -€1.2m | |
| Current assets | 29/58 | €624,071 | €4,391,418 | +€3.8m | +604% |
| Amounts receivable within one year | 40/41 | €34,521 | €17,722 | -€16,799 | -48.7% |
| Trade receivables | 40 | €21,820 | - | -€21,820 | |
| Other amounts receivable | 41 | €12,701 | €17,722 | +€5,021 | +39.5% |
| Current investments | 50/53 | €502,145 | €3,223,195 | +€2.7m | +542% |
| Cash at bank and in hand | 54/58 | €83,389 | €1,146,031 | +€1.1m | +1,274% |
| Deferred charges and accrued income | 490/1 | €4,016 | €4,470 | +€454 | +11.3% |
| Total equity and liabilities | 10/49 | €5,005,032 | €6,471,095 | +€1.5m | +29.3% |
| Equity | 10/15 | €3,479,894 | €5,199,481 | +€1.7m | +49.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,461,294 | €5,180,881 | +€1.7m | +49.7% |
| Tax-exempt reserves | 132 | €8,092 | €26,842 | +€18,750 | +232% |
| Distributable reserves | 133 | €3,453,202 | €5,154,039 | +€1.7m | +49.3% |
| Amounts payable | 17/49 | €1,525,137 | €1,271,613 | -€253,524 | -16.6% |
| Amounts payable within one year | 42/48 | €1,524,957 | €1,271,393 | -€253,564 | -16.6% |
| Trade debts | 44 | €3,261 | €10,058 | +€6,797 | +208% |
| Suppliers | 440/4 | €3,261 | €10,058 | +€6,797 | +208% |
| Taxes, remuneration and social security | 45 | €176,652 | €215,694 | +€39,042 | +22.1% |
| Taxes | 450/3 | €176,652 | €215,694 | +€39,042 | +22.1% |
| Other amounts payable | 47/48 | €1,345,044 | €1,045,641 | -€299,403 | -22.3% |
| Accrued charges and deferred income | 492/3 | €181 | €221 | +€40 | +22.2% |
| Non-recurring operating income | 76A | €24,000 | €386,548 | +€362,548 | +1,511% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,755 | €70,866 | -€39,889 | -36.0% |
| Other operating charges | 640/8 | €32,652 | €32,574 | -€79 | -0.2% |
| Gross operating margin | 9900 | €1,182,619 | €2,630,979 | +€1.4m | +122% |
| Operating profit (loss) | 9901 | €1,039,212 | €2,527,539 | +€1.5m | +143% |
| Financial income | 75/76B | €27,552 | €72,656 | +€45,105 | +164% |
| Recurring financial income | 75 | €27,552 | €72,656 | +€45,105 | +164% |
| Financial charges | 65/66B | €62,772 | €82,868 | +€20,096 | +32.0% |
| Recurring financial charges | 65 | €47,533 | €82,868 | +€35,335 | +74.3% |
| Non-recurring financial charges | 66B | €15,239 | - | -€15,239 | |
| Profit (loss) for the period before taxes | 9903 | €1,003,992 | €2,517,328 | +€1.5m | +151% |
| Income taxes | 67/77 | €322,095 | €797,741 | +€475,646 | +148% |
| Profit (loss) for the period | 9904 | €681,897 | €1,719,587 | +€1.0m | +152% |
| Transfer to tax-exempt reserves | 689 | - | €18,750 | +€18,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €681,897 | €1,700,837 | +€1.0m | +149% |
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 1 November 2026 via checked.be.