BIZZDEV: 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.
What changed
BIZZDEV
NACE 62.900, Other information technology and computer services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€24,553
2023 · €531,978-€507,425
Equity
€2.8m
2023 · €3.1m-€332,542
Cash
€759,727
2023 · €777,547-€17,820
Balance sheet total
€3.7m
2023 · €4.1m-€386,394
Largest movements
Assets
- Current investments -€500,000
no longer reported in 2024 (was €500,000)
- Tangible fixed assets +€235,794
up €235,794 (+30.5%), from €773,949 to €1.0m
of which Furniture and vehicles: +€224,935
- Receivables within one year -€221,133
down €221,133 (-15.7%), from €1.4m to €1.2m
of which Trade receivables: -€254,779
- Deferred charges and accrued income +€65,163
up €65,163 (+295.0%), from €22,088 to €87,251
Equity and liabilities
- Reserves -€332,542
down €332,542 (-14.3%), from €2.3m to €2.0m
of which Distributable reserves: -€332,542
- Debts after one year -€60,876
down €60,876 (-48.0%), from €126,801 to €65,925
- Trade debts -€45,253
down €45,253 (-20.6%), from €219,238 to €173,985
Income statement
- Staff costs +€322,507
up €322,507 (+10.8%), from €3.0m to €3.3m
- Gross operating margin -€288,107
down €288,107 (-7.4%), from €3.9m to €3.6m
- Taxes -€224,791
down €224,791 (-87.6%), from €256,744 to €31,953
- Depreciation +€76,392
up €76,392 (+37.4%), from €204,096 to €280,488
- Financial income -€76,203
down €76,203 (-68.6%), from €111,055 to €34,853
From the 2023 result to the 2024 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.
Result 2023
€531,978
Gross operating margin
-€288,107
Staff costs
-€322,507
Depreciation
-€76,392
Write-downs
+€33,202
Other operating charges
-€7,311
Other operating items
-€61
Financial income
-€76,203
Financial charges
+€5,163
Taxes
+€224,791
Result 2024
€24,553
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€443,491
Investment
-€34,987
Financing
-€426,325
Cash 2023
€777,547
From operations (derived)
+€443,491
Net result for the year
+€24,553
Depreciation
+€280,488
Stocks and contracts
-€32,898
Receivables within one year
+€221,133
Deferred charges and accrued income
-€65,163
Trade debts
-€45,253
Tax, wage and social debts
+€34,208
Accrued charges and deferred income
+€26,422
Investment (derived)
-€34,987
Investment in fixed assets (net)
-€534,987
Current investments
+€500,000
Financing
-€426,325
Debts after one year
-€60,876
Current portion of long-term debt
-€8,353
Contributions, distributions and other
-€357,095
Cash 2024
€759,727
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,121,945 | €3,735,551 | -€386,394 | -9.4% |
| Fixed assets | 21/28 | €1,378,906 | €1,633,405 | +€254,499 | +18.5% |
| Intangible fixed assets | 21 | - | €18,704 | +€18,704 | |
| Tangible fixed assets | 22/27 | €773,949 | €1,009,743 | +€235,794 | +30.5% |
| Plant, machinery and equipment | 23 | €243 | €363 | +€120 | +49.6% |
| Furniture and vehicles | 24 | €700,112 | €925,047 | +€224,935 | +32.1% |
| Other tangible fixed assets | 26 | €73,594 | €84,333 | +€10,739 | +14.6% |
| Financial fixed assets | 28 | €604,957 | €604,957 | = | 0.0% |
| Current assets | 29/58 | €2,743,039 | €2,102,146 | -€640,893 | -23.4% |
| Stocks and contracts in progress | 3 | €38,939 | €71,837 | +€32,898 | +84.5% |
| Stocks | 30/36 | €38,939 | €71,837 | +€32,898 | +84.5% |
| Amounts receivable within one year | 40/41 | €1,404,464 | €1,183,331 | -€221,133 | -15.7% |
| Trade receivables | 40 | €1,323,026 | €1,068,247 | -€254,779 | -19.3% |
| Other amounts receivable | 41 | €81,438 | €115,084 | +€33,646 | +41.3% |
| Current investments | 50/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €777,547 | €759,727 | -€17,820 | -2.3% |
| Deferred charges and accrued income | 490/1 | €22,088 | €87,251 | +€65,163 | +295.0% |
| Total equity and liabilities | 10/49 | €4,121,945 | €3,735,551 | -€386,394 | -9.4% |
| Equity | 10/15 | €3,083,653 | €2,751,111 | -€332,542 | -10.8% |
| Contributions | 10/11 | €425,927 | €425,927 | = | 0.0% |
| Capital | 10 | €425,918 | €425,918 | = | 0.0% |
| Issued capital | 100 | €425,918 | €425,918 | = | 0.0% |
| Outside capital | 11 | €9 | €9 | = | 0.0% |
| Share premium | 1100/10 | €9 | €9 | = | 0.0% |
| Reserves | 13 | €2,327,912 | €1,995,371 | -€332,542 | -14.3% |
| Non-distributable reserves | 130/1 | €42,592 | €42,592 | = | 0.0% |
| Legal reserve | 130 | €42,592 | €42,592 | = | 0.0% |
| Distributable reserves | 133 | €2,285,321 | €1,952,779 | -€332,542 | -14.6% |
| Profit (loss) carried forward | 14 | €329,813 | €329,813 | = | 0.0% |
| Amounts payable | 17/49 | €1,038,292 | €984,440 | -€53,852 | -5.2% |
| Amounts payable after more than one year | 17 | €126,801 | €65,925 | -€60,876 | -48.0% |
| Financial debts | 170/4 | €126,801 | €65,925 | -€60,876 | -48.0% |
| Amounts payable within one year | 42/48 | €799,099 | €779,701 | -€19,398 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €69,230 | €60,876 | -€8,353 | -12.1% |
| Trade debts | 44 | €219,238 | €173,985 | -€45,253 | -20.6% |
| Suppliers | 440/4 | €219,238 | €173,985 | -€45,253 | -20.6% |
| Taxes, remuneration and social security | 45 | €506,671 | €540,879 | +€34,208 | +6.8% |
| Taxes | 450/3 | €147,849 | €138,626 | -€9,223 | -6.2% |
| Remuneration and social security | 454/9 | €358,822 | €402,253 | +€43,431 | +12.1% |
| Other amounts payable | 47/48 | €3,960 | €3,960 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €112,392 | €138,814 | +€26,422 | +23.5% |
| Non-recurring operating income | 76A | €81,217 | €37,689 | -€43,527 | -53.6% |
| Remuneration, social security and pensions | 62 | €2,981,039 | €3,303,546 | +€322,507 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204,096 | €280,488 | +€76,392 | +37.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,601 | -€13,601 | -€33,202 | |
| Other operating charges | 640/8 | €22,527 | €29,837 | +€7,311 | +32.5% |
| Non-recurring operating charges | 66A | - | €61 | +€61 | |
| Gross operating margin | 9900 | €3,917,732 | €3,629,625 | -€288,107 | -7.4% |
| Operating profit (loss) | 9901 | €690,469 | €29,293 | -€661,176 | -95.8% |
| Financial income | 75/76B | €111,055 | €34,853 | -€76,203 | -68.6% |
| Recurring financial income | 75 | €111,055 | €34,853 | -€76,203 | -68.6% |
| Financial charges | 65/66B | €12,802 | €7,639 | -€5,163 | -40.3% |
| Recurring financial charges | 65 | €12,802 | €7,639 | -€5,163 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €788,722 | €56,507 | -€732,216 | -92.8% |
| Income taxes | 67/77 | €256,744 | €31,953 | -€224,791 | -87.6% |
| Profit (loss) for the period | 9904 | €531,978 | €24,553 | -€507,425 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €531,978 | €24,553 | -€507,425 | -95.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.