BIZZARD: what changed
Two fiscal 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.
BIZZARD
Largest movements
- Tangible fixed assets -€16,937
down €16,937 (-18.4%), from €92,055 to €75,118
of which Furniture and vehicles: -€12,230
- Cash -€9,359
down €9,359 (-35.5%), from €26,386 to €17,027
mainly Debts after one year (-€24,700) and Trade debts (-€9,509)
- Receivables within one year -€8,446
down €8,446 (-50.6%), from €16,706 to €8,261
of which Trade receivables: -€7,170
- Debts after one year -€24,700
down €24,700 (-10.9%), from €227,242 to €202,542
of which Other amounts payable: -€15,174
- Trade debts -€9,509
down €9,509 (-56.1%), from €16,943 to €7,434
- Profit (loss) carried forward -€4,348
down €4,348 (-2.4%), from -€184,466 to -€188,813
- Short-term financial debts +€1,486
up €1,486 (+97.7%), from €1,520 to €3,006
- Depreciation +€4,641
up €4,641 (+35.5%), from €13,068 to €17,709
- Write-downs +€616
up €616, from €0 to €616
- Gross operating margin -€534
down €534 (-2.8%), from €19,181 to €18,647
- Other operating charges -€244
down €244 (-16.4%), from €1,488 to €1,244
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.
Cash bridge derived
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 | €140,908 | €104,787 | -€36,120 | -25.6% |
| Fixed assets | 21/28 | €93,275 | €76,338 | -€16,937 | -18.2% |
| Tangible fixed assets | 22/27 | €92,055 | €75,118 | -€16,937 | -18.4% |
| Plant, machinery and equipment | 23 | €16,550 | €11,843 | -€4,707 | -28.4% |
| Furniture and vehicles | 24 | €75,506 | €63,276 | -€12,230 | -16.2% |
| Financial fixed assets | 28 | €1,220 | €1,220 | = | 0.0% |
| Current assets | 29/58 | €47,632 | €28,449 | -€19,183 | -40.3% |
| Stocks and contracts in progress | 3 | €3,916 | €2,533 | -€1,383 | -35.3% |
| Stocks | 30/36 | €3,916 | €2,533 | -€1,383 | -35.3% |
| Amounts receivable within one year | 40/41 | €16,706 | €8,261 | -€8,446 | -50.6% |
| Trade receivables | 40 | €15,431 | €8,261 | -€7,170 | -46.5% |
| Other amounts receivable | 41 | €1,276 | €0 | -€1,276 | -100.0% |
| Cash at bank and in hand | 54/58 | €26,386 | €17,027 | -€9,359 | -35.5% |
| Deferred charges and accrued income | 490/1 | €624 | €628 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €140,908 | €104,787 | -€36,120 | -25.6% |
| Equity | 10/15 | -€113,786 | -€118,133 | -€4,348 | -3.8% |
| Contributions | 10/11 | €70,680 | €70,680 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€184,466 | -€188,813 | -€4,348 | -2.4% |
| Amounts payable | 17/49 | €254,693 | €222,921 | -€31,772 | -12.5% |
| Amounts payable after more than one year | 17 | €227,242 | €202,542 | -€24,700 | -10.9% |
| Financial debts | 170/4 | €44,607 | €35,081 | -€9,526 | -21.4% |
| Other amounts payable | 178/9 | €182,635 | €167,461 | -€15,174 | -8.3% |
| Amounts payable within one year | 42/48 | €27,451 | €20,379 | -€7,073 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €8,988 | €9,526 | +€538 | +6.0% |
| Financial debts | 43 | €1,520 | €3,006 | +€1,486 | +97.7% |
| Credit institutions | 430/8 | €1,520 | €3,006 | +€1,486 | +97.7% |
| Trade debts | 44 | €16,943 | €7,434 | -€9,509 | -56.1% |
| Suppliers | 440/4 | €16,943 | €7,434 | -€9,509 | -56.1% |
| Taxes, remuneration and social security | 45 | €0 | €413 | +€413 | |
| Taxes | 450/3 | €0 | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,068 | €17,709 | +€4,641 | +35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €616 | +€616 | |
| Other operating charges | 640/8 | €1,488 | €1,244 | -€244 | -16.4% |
| Non-recurring operating charges | 66A | €268 | €0 | -€268 | -100.0% |
| Gross operating margin | 9900 | €19,181 | €18,647 | -€534 | -2.8% |
| Operating profit (loss) | 9901 | €4,356 | -€922 | -€5,279 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €3,475 | €3,425 | -€50 | -1.4% |
| Recurring financial charges | 65 | €3,475 | €3,425 | -€50 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €883 | -€4,348 | -€5,231 | |
| Profit (loss) for the period | 9904 | €883 | -€4,348 | -€5,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €883 | -€4,348 | -€5,231 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.