Bizzart: 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.
Bizzart
Largest movements
- Tangible fixed assets +€348,276
up €348,276 (+435%), from €80,079 to €428,355
of which Land and buildings: +€362,449
- Cash +€39,316
up €39,316 (+180%), from €21,900 to €61,217
mainly Debts after one year (+€273,320) and Other debts (+€108,593)
- Receivables after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Debts after one year +€273,320
up €273,320 (+437%), from €62,500 to €335,820
- Other debts +€108,593
up €108,593 (+79,508%), from €137 to €108,729
- Reserves -€20,000
down €20,000 (-29.3%), from €68,200 to €48,200
of which Distributable reserves: -€20,000
- Current portion of long-term debt +€15,481
new in 2025: €15,481
- Gross operating margin +€26,819
up €26,819 (+109%), from €24,602 to €51,422
- Other operating charges +€22,466
up €22,466 (+1,831%), from €1,227 to €23,693
- Depreciation +€8,950
up €8,950 (+89.4%), from €10,007 to €18,957
- Financial charges +€2,579
up €2,579 (+89.8%), from €2,873 to €5,452
- Taxes -€2,287
down €2,287 (-48.7%), from €4,701 to €2,414
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 | €142,530 | €523,145 | +€380,615 | +267% |
| Fixed assets | 21/28 | €80,079 | €428,355 | +€348,276 | +435% |
| Tangible fixed assets | 22/27 | €80,079 | €428,355 | +€348,276 | +435% |
| Land and buildings | 22 | - | €362,449 | +€362,449 | |
| Plant, machinery and equipment | 23 | €17 | €0 | -€17 | -100% |
| Furniture and vehicles | 24 | €80,061 | €65,906 | -€14,156 | -17.7% |
| Current assets | 29/58 | €62,451 | €94,790 | +€32,339 | +51.8% |
| Amounts receivable after more than one year | 29 | €10,000 | €0 | -€10,000 | -100% |
| Other amounts receivable | 291 | €10,000 | €0 | -€10,000 | -100% |
| Amounts receivable within one year | 40/41 | €27,299 | €29,660 | +€2,361 | +8.6% |
| Trade receivables | 40 | €26,026 | €21,074 | -€4,952 | -19.0% |
| Other amounts receivable | 41 | €1,273 | €8,586 | +€7,313 | +574% |
| Cash at bank and in hand | 54/58 | €21,900 | €61,217 | +€39,316 | +180% |
| Deferred charges and accrued income | 490/1 | €3,252 | €3,913 | +€662 | +20.3% |
| Total equity and liabilities | 10/49 | €142,530 | €523,145 | +€380,615 | +267% |
| Equity | 10/15 | €69,544 | €50,449 | -€19,095 | -27.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €68,200 | €48,200 | -€20,000 | -29.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €68,200 | €48,200 | -€20,000 | -29.3% |
| Profit (loss) carried forward | 14 | €344 | €1,249 | +€905 | +263% |
| Amounts payable | 17/49 | €72,986 | €472,696 | +€399,710 | +548% |
| Amounts payable after more than one year | 17 | €62,500 | €335,820 | +€273,320 | +437% |
| Financial debts | 170/4 | €62,500 | €335,820 | +€273,320 | +437% |
| Amounts payable within one year | 42/48 | €7,705 | €129,262 | +€121,556 | +1,578% |
| Current portion of amounts payable after more than one year | 42 | - | €15,481 | +€15,481 | |
| Trade debts | 44 | €3,619 | €2,914 | -€705 | -19.5% |
| Suppliers | 440/4 | €3,619 | €2,914 | -€705 | -19.5% |
| Taxes, remuneration and social security | 45 | €3,949 | €2,138 | -€1,812 | -45.9% |
| Taxes | 450/3 | €3,949 | €2,138 | -€1,812 | -45.9% |
| Other amounts payable | 47/48 | €137 | €108,729 | +€108,593 | +79,508% |
| Accrued charges and deferred income | 492/3 | €2,781 | €7,614 | +€4,834 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,007 | €18,957 | +€8,950 | +89.4% |
| Other operating charges | 640/8 | €1,227 | €23,693 | +€22,466 | +1,831% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €24,602 | €51,422 | +€26,819 | +109% |
| Operating profit (loss) | 9901 | €13,368 | €8,771 | -€4,597 | -34.4% |
| Financial income | 75/76B | €785 | €0 | -€785 | -100% |
| Recurring financial income | 75 | €785 | €0 | -€785 | -100% |
| Financial charges | 65/66B | €2,873 | €5,452 | +€2,579 | +89.8% |
| Recurring financial charges | 65 | €2,873 | €5,452 | +€2,579 | +89.8% |
| Profit (loss) for the period before taxes | 9903 | €11,280 | €3,319 | -€7,960 | -70.6% |
| Income taxes | 67/77 | €4,701 | €2,414 | -€2,287 | -48.7% |
| Profit (loss) for the period | 9904 | €6,579 | €905 | -€5,673 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,579 | €905 | -€5,673 | -86.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.