Buzz & Beyond: 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.
Buzz & Beyond
Largest movements
- Receivables within one year -€44,414
down €44,414 (-39.2%), from €113,285 to €68,871
of which Trade receivables: -€43,288
- Cash -€8,951
down €8,951 (-26.9%), from €33,259 to €24,308
mainly Net result for the year (-€25,971) and Trade debts (-€24,968)
- Tangible fixed assets -€3,583
down €3,583 (-45.6%), from €7,861 to €4,278
of which Plant, machinery and equipment: -€3,396
- Profit (loss) carried forward -€25,971
down €25,971 (-23.7%), from €109,563 to €83,593
- Trade debts -€24,968
down €24,968 (-96.2%), from €25,942 to €975
- Tax, wage and social debts -€4,016
down €4,016 (-45.0%), from €8,922 to €4,906
- Other debts -€1,994
down €1,994 (-23.5%), from €8,477 to €6,483
- Gross operating margin -€66,323
down €66,323, from €44,184 to -€22,139
- Taxes -€8,922
no longer reported in 2025 (was €8,922)
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 | €154,405 | €97,457 | -€56,948 | -36.9% |
| Fixed assets | 21/28 | €7,861 | €4,278 | -€3,583 | -45.6% |
| Tangible fixed assets | 22/27 | €7,861 | €4,278 | -€3,583 | -45.6% |
| Plant, machinery and equipment | 23 | €6,978 | €3,582 | -€3,396 | -48.7% |
| Furniture and vehicles | 24 | €883 | €696 | -€187 | -21.2% |
| Current assets | 29/58 | €146,544 | €93,179 | -€53,365 | -36.4% |
| Amounts receivable within one year | 40/41 | €113,285 | €68,871 | -€44,414 | -39.2% |
| Trade receivables | 40 | €112,159 | €68,871 | -€43,288 | -38.6% |
| Other amounts receivable | 41 | €1,126 | - | -€1,126 | |
| Cash at bank and in hand | 54/58 | €33,259 | €24,308 | -€8,951 | -26.9% |
| Total equity and liabilities | 10/49 | €154,405 | €97,457 | -€56,948 | -36.9% |
| Equity | 10/15 | €111,063 | €85,093 | -€25,971 | -23.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,563 | €83,593 | -€25,971 | -23.7% |
| Amounts payable | 17/49 | €43,342 | €12,364 | -€30,978 | -71.5% |
| Amounts payable within one year | 42/48 | €43,342 | €12,364 | -€30,978 | -71.5% |
| Trade debts | 44 | €25,942 | €975 | -€24,968 | -96.2% |
| Suppliers | 440/4 | €25,942 | €975 | -€24,968 | -96.2% |
| Taxes, remuneration and social security | 45 | €8,922 | €4,906 | -€4,016 | -45.0% |
| Taxes | 450/3 | €8,922 | €4,906 | -€4,016 | -45.0% |
| Other amounts payable | 47/48 | €8,477 | €6,483 | -€1,994 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,262 | €3,583 | +€321 | +9.8% |
| Other operating charges | 640/8 | €63 | €89 | +€26 | +41.5% |
| Gross operating margin | 9900 | €44,184 | -€22,139 | -€66,323 | |
| Operating profit (loss) | 9901 | €40,859 | -€25,812 | -€66,671 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €288 | €159 | -€129 | -44.9% |
| Recurring financial charges | 65 | €288 | €159 | -€129 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €40,581 | -€25,971 | -€66,551 | |
| Income taxes | 67/77 | €8,922 | - | -€8,922 | |
| Profit (loss) for the period | 9904 | €31,659 | -€25,971 | -€57,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,659 | -€25,971 | -€57,629 |
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 19 October 2026 via checked.be.