BIZZIT: 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.
BIZZIT
Largest movements
- Receivables within one year +€64,323
up €64,323 (+13.7%), from €469,199 to €533,522
of which Trade receivables: +€62,726
- Intangible fixed assets -€27,530
down €27,530 (-10.3%), from €268,289 to €240,759
- Tangible fixed assets +€20,588
up €20,588 (+8.1%), from €252,909 to €273,496
of which Assets under construction and advance payments: +€35,491
- Trade debts +€59,937
up €59,937 (+79.8%), from €75,067 to €135,004
- Other debts -€21,593
down €21,593 (-23.8%), from €90,593 to €69,000
- Tax, wage and social debts +€20,537
up €20,537 (+10.3%), from €198,753 to €219,290
of which Remuneration and social security: +€14,397
- Staff costs +€117,704
up €117,704 (+14.3%), from €824,030 to €941,734
- Gross operating margin +€82,723
up €82,723 (+8.4%), from €981,946 to €1.1m
- Depreciation +€24,160
up €24,160 (+47.3%), from €51,122 to €75,282
- Financial income +€14,994
up €14,994 (+345.1%), from €4,344 to €19,339
- Financial charges -€14,580
down €14,580 (-46.4%), from €31,414 to €16,834
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,079,313 | €1,151,031 | +€71,718 | +6.6% |
| Fixed assets | 21/28 | €521,198 | €514,255 | -€6,943 | -1.3% |
| Intangible fixed assets | 21 | €268,289 | €240,759 | -€27,530 | -10.3% |
| Tangible fixed assets | 22/27 | €252,909 | €273,496 | +€20,588 | +8.1% |
| Plant, machinery and equipment | 23 | €31,623 | €36,306 | +€4,683 | +14.8% |
| Furniture and vehicles | 24 | €6,299 | €3,980 | -€2,319 | -36.8% |
| Other tangible fixed assets | 26 | €214,987 | €197,719 | -€17,268 | -8.0% |
| Assets under construction and advance payments | 27 | - | €35,491 | +€35,491 | |
| Current assets | 29/58 | €558,114 | €636,775 | +€78,661 | +14.1% |
| Amounts receivable within one year | 40/41 | €469,199 | €533,522 | +€64,323 | +13.7% |
| Trade receivables | 40 | €468,341 | €531,067 | +€62,726 | +13.4% |
| Other amounts receivable | 41 | €858 | €2,455 | +€1,598 | +186.3% |
| Cash at bank and in hand | 54/58 | €76,979 | €80,042 | +€3,063 | +4.0% |
| Deferred charges and accrued income | 490/1 | €11,937 | €23,211 | +€11,274 | +94.5% |
| Total equity and liabilities | 10/49 | €1,079,313 | €1,151,031 | +€71,718 | +6.6% |
| Equity | 10/15 | €326,390 | €321,394 | -€4,996 | -1.5% |
| Contributions | 10/11 | €30,000 | €30,961 | +€961 | +3.2% |
| Reserves | 13 | €296,390 | €290,434 | -€5,956 | -2.0% |
| Non-distributable reserves | 130/1 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | €3,000 | - | -€3,000 | |
| Tax-exempt reserves | 132 | €268,289 | €240,771 | -€27,518 | -10.3% |
| Distributable reserves | 133 | €25,101 | €49,663 | +€24,562 | +97.9% |
| Amounts payable | 17/49 | €752,923 | €829,637 | +€76,714 | +10.2% |
| Amounts payable after more than one year | 17 | €283,478 | €281,002 | -€2,475 | -0.9% |
| Financial debts | 170/4 | €283,478 | €281,002 | -€2,475 | -0.9% |
| Amounts payable within one year | 42/48 | €469,147 | €538,747 | +€69,599 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €42,563 | €48,417 | +€5,854 | +13.8% |
| Financial debts | 43 | €62,172 | €67,035 | +€4,864 | +7.8% |
| Credit institutions | 430/8 | €62,172 | €67,035 | +€4,864 | +7.8% |
| Trade debts | 44 | €75,067 | €135,004 | +€59,937 | +79.8% |
| Suppliers | 440/4 | €75,067 | €135,004 | +€59,937 | +79.8% |
| Taxes, remuneration and social security | 45 | €198,753 | €219,290 | +€20,537 | +10.3% |
| Taxes | 450/3 | €84,894 | €91,035 | +€6,141 | +7.2% |
| Remuneration and social security | 454/9 | €113,859 | €128,256 | +€14,397 | +12.6% |
| Other amounts payable | 47/48 | €90,593 | €69,000 | -€21,593 | -23.8% |
| Accrued charges and deferred income | 492/3 | €297 | €9,888 | +€9,590 | +3225.2% |
| Remuneration, social security and pensions | 62 | €824,030 | €941,734 | +€117,704 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,122 | €75,282 | +€24,160 | +47.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,501 | €21,934 | +€13,433 | +158.0% |
| Other operating charges | 640/8 | €1,782 | €1,885 | +€103 | +5.8% |
| Gross operating margin | 9900 | €981,946 | €1,064,669 | +€82,723 | +8.4% |
| Operating profit (loss) | 9901 | €96,511 | €23,835 | -€72,677 | -75.3% |
| Financial income | 75/76B | €4,344 | €19,339 | +€14,994 | +345.1% |
| Recurring financial income | 75 | €4,344 | €19,339 | +€14,994 | +345.1% |
| Financial charges | 65/66B | €31,414 | €16,834 | -€14,580 | -46.4% |
| Recurring financial charges | 65 | €31,414 | €16,834 | -€14,580 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €69,441 | €26,339 | -€43,102 | -62.1% |
| Income taxes | 67/77 | €2,830 | €11,702 | +€8,872 | +313.5% |
| Profit (loss) for the period | 9904 | €66,611 | €14,637 | -€51,974 | -78.0% |
| Transfer from tax-exempt reserves | 789 | €7,015 | €27,530 | +€20,516 | +292.5% |
| Transfer to tax-exempt reserves | 689 | €275,304 | - | -€275,304 | |
| Profit (loss) for the period to be appropriated | 9905 | -€201,678 | €42,168 | +€243,846 |
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 30 September 2026 via checked.be.