BIZZUALS: 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.
BIZZUALS
Largest movements
- Receivables within one year -€16,949
down €16,949 (-39.0%), from €43,485 to €26,535
of which Other amounts receivable: -€26,585
- Cash -€11,699
down €11,699 (-25.9%), from €45,162 to €33,463
mainly Contributions, distributions and other (-€60,472) and Debts after one year (-€33,768)
- Tangible fixed assets -€9,004
down €9,004 (-1.6%), from €574,377 to €565,373
of which Land and buildings: -€8,734
- Debts after one year -€33,768
down €33,768 (-9.5%), from €354,759 to €320,991
- Reserves -€33,734
down €33,734 (-14.8%), from €227,462 to €193,728
- Other debts +€12,567
up €12,567 (+109%), from €11,478 to €24,046
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts +€7,309
up €7,309 (+38.9%), from €18,784 to €26,093
of which Taxes: +€5,009
- Taxes +€12,011
up €12,011 (+89.1%), from €13,481 to €25,491
- Gross operating margin +€9,560
up €9,560 (+13.0%), from €73,729 to €83,288
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 | €664,568 | €628,638 | -€35,930 | -5.4% |
| Fixed assets | 21/28 | €574,377 | €565,373 | -€9,004 | -1.6% |
| Tangible fixed assets | 22/27 | €574,377 | €565,373 | -€9,004 | -1.6% |
| Land and buildings | 22 | €572,143 | €563,410 | -€8,734 | -1.5% |
| Furniture and vehicles | 24 | €40 | - | -€40 | |
| Other tangible fixed assets | 26 | €2,193 | €1,963 | -€230 | -10.5% |
| Current assets | 29/58 | €90,191 | €63,265 | -€26,926 | -29.9% |
| Amounts receivable within one year | 40/41 | €43,485 | €26,535 | -€16,949 | -39.0% |
| Trade receivables | 40 | €15,564 | €25,199 | +€9,636 | +61.9% |
| Other amounts receivable | 41 | €27,921 | €1,336 | -€26,585 | -95.2% |
| Cash at bank and in hand | 54/58 | €45,162 | €33,463 | -€11,699 | -25.9% |
| Deferred charges and accrued income | 490/1 | €1,545 | €3,267 | +€1,722 | +111% |
| Total equity and liabilities | 10/49 | €664,568 | €628,638 | -€35,930 | -5.4% |
| Equity | 10/15 | €233,662 | €212,328 | -€21,334 | -9.1% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €227,462 | €193,728 | -€33,734 | -14.8% |
| Distributable reserves | 133 | €227,462 | €193,728 | -€33,734 | -14.8% |
| Amounts payable | 17/49 | €430,906 | €416,310 | -€14,596 | -3.4% |
| Amounts payable after more than one year | 17 | €354,759 | €320,991 | -€33,768 | -9.5% |
| Financial debts | 170/4 | €354,759 | €320,991 | -€33,768 | -9.5% |
| Amounts payable within one year | 42/48 | €76,147 | €95,197 | +€19,050 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €41,358 | €36,994 | -€4,364 | -10.6% |
| Financial debts | 43 | €136 | €1,356 | +€1,219 | +894% |
| Credit institutions | 430/8 | €136 | €1,356 | +€1,219 | +894% |
| Trade debts | 44 | €4,390 | €6,709 | +€2,319 | +52.8% |
| Suppliers | 440/4 | €4,390 | €6,709 | +€2,319 | +52.8% |
| Taxes, remuneration and social security | 45 | €18,784 | €26,093 | +€7,309 | +38.9% |
| Taxes | 450/3 | €18,784 | €23,793 | +€5,009 | +26.7% |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €11,478 | €24,046 | +€12,567 | +109% |
| Accrued charges and deferred income | 492/3 | - | €122 | +€122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,472 | €9,004 | -€468 | -4.9% |
| Other operating charges | 640/8 | €4,113 | €3,733 | -€380 | -9.2% |
| Gross operating margin | 9900 | €73,729 | €83,288 | +€9,560 | +13.0% |
| Operating profit (loss) | 9901 | €60,143 | €70,551 | +€10,408 | +17.3% |
| Financial income | 75/76B | €810 | €832 | +€21 | +2.6% |
| Recurring financial income | 75 | €810 | €832 | +€21 | +2.6% |
| Financial charges | 65/66B | €7,497 | €6,755 | -€742 | -9.9% |
| Recurring financial charges | 65 | €7,497 | €6,755 | -€742 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €53,457 | €64,629 | +€11,172 | +20.9% |
| Income taxes | 67/77 | €13,481 | €25,491 | +€12,011 | +89.1% |
| Profit (loss) for the period | 9904 | €39,976 | €39,137 | -€839 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,976 | €39,137 | -€839 | -2.1% |
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 16 October 2026 via checked.be.