BUZON GROUP: 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.
BUZON GROUP
Largest movements
- Cash +€42,407
up €42,407 (+74.0%), from €57,288 to €99,695
mainly Net result for the year (+€426,345) and Debts after one year (+€42,563)
- Debts after one year +€42,563
up €42,563 (+7.6%), from €560,395 to €602,959
- Other debts +€27,000
up €27,000 (+6.7%), from €403,000 to €430,000
- Financial income -€45,214
down €45,214 (-9.1%), from €496,592 to €451,378
- Financial charges +€1,010
up €1,010 (+4.7%), from €21,554 to €22,564
- Gross operating margin -€117
down €117 (-5.0%), from -€2,353 to -€2,470
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 | €2,546,913 | €2,613,820 | +€66,907 | +2.6% |
| Fixed assets | 21/28 | €2,489,625 | €2,489,625 | = | 0.0% |
| Financial fixed assets | 28 | €2,489,625 | €2,489,625 | = | 0.0% |
| Current assets | 29/58 | €57,288 | €124,195 | +€66,907 | +117% |
| Amounts receivable within one year | 40/41 | €0 | €24,500 | +€24,500 | +244,999,900% |
| Other amounts receivable | 41 | €0 | €24,500 | +€24,500 | +244,999,900% |
| Cash at bank and in hand | 54/58 | €57,288 | €99,695 | +€42,407 | +74.0% |
| Total equity and liabilities | 10/49 | €2,546,913 | €2,613,820 | +€66,907 | +2.6% |
| Equity | 10/15 | €1,583,518 | €1,579,863 | -€3,655 | -0.2% |
| Contributions | 10/11 | €1,241,625 | €1,241,625 | = | 0.0% |
| Capital | 10 | €1,241,625 | €1,241,625 | = | 0.0% |
| Issued capital | 100 | €1,241,625 | €1,241,625 | = | 0.0% |
| Reserves | 13 | €124,163 | €124,163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124,163 | €124,163 | = | 0.0% |
| Legal reserve | 130 | €124,163 | €124,163 | = | 0.0% |
| Profit (loss) carried forward | 14 | €217,730 | €214,075 | -€3,655 | -1.7% |
| Amounts payable | 17/49 | €963,395 | €1,033,957 | +€70,562 | +7.3% |
| Amounts payable after more than one year | 17 | €560,395 | €602,959 | +€42,563 | +7.6% |
| Financial debts | 170/4 | €560,395 | €602,959 | +€42,563 | +7.6% |
| Amounts payable within one year | 42/48 | €403,000 | €430,998 | +€27,998 | +6.9% |
| Trade debts | 44 | - | €998 | +€998 | |
| Suppliers | 440/4 | - | €998 | +€998 | |
| Other amounts payable | 47/48 | €403,000 | €430,000 | +€27,000 | +6.7% |
| Gross operating margin | 9900 | -€2,353 | -€2,470 | -€117 | -5.0% |
| Operating profit (loss) | 9901 | -€2,353 | -€2,470 | -€117 | -5.0% |
| Financial income | 75/76B | €496,592 | €451,378 | -€45,214 | -9.1% |
| Recurring financial income | 75 | €496,592 | €451,378 | -€45,214 | -9.1% |
| Financial charges | 65/66B | €21,554 | €22,564 | +€1,010 | +4.7% |
| Recurring financial charges | 65 | €21,554 | €22,564 | +€1,010 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €472,686 | €426,345 | -€46,341 | -9.8% |
| Profit (loss) for the period | 9904 | €472,686 | €426,345 | -€46,341 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €472,686 | €426,345 | -€46,341 | -9.8% |
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 21 October 2026 via checked.be.