BUZZ RECORDS: 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.
BUZZ RECORDS
Largest movements
- Tangible fixed assets -€13,884
down €13,884 (-5.1%), from €272,055 to €258,171
of which Land and buildings: -€11,220
- Receivables within one year +€7,008
up €7,008 (+473.8%), from €1,479 to €8,487
of which Trade receivables: +€6,929
- Cash +€5,150
up €5,150 (+218.4%), from €2,358 to €7,507
mainly Net result for the year (+€19,975) and Depreciation (+€13,884)
- Debts after one year -€21,083
down €21,083 (-10.0%), from €211,369 to €190,287
- Profit (loss) carried forward +€19,975
up €19,975 (+56.8%), from -€35,184 to -€15,209
- Gross operating margin +€19,163
up €19,163 (+84.6%), from €22,652 to €41,816
- Depreciation -€4,391
down €4,391 (-24.0%), from €18,275 to €13,884
- Other operating charges -€671
down €671 (-29.6%), from €2,265 to €1,594
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.
Cash bridge derived
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 | €275,892 | €274,165 | -€1,727 | -0.6% |
| Fixed assets | 21/28 | €272,055 | €258,171 | -€13,884 | -5.1% |
| Tangible fixed assets | 22/27 | €272,055 | €258,171 | -€13,884 | -5.1% |
| Land and buildings | 22 | €261,745 | €250,525 | -€11,220 | -4.3% |
| Plant, machinery and equipment | 23 | €959 | €688 | -€271 | -28.2% |
| Furniture and vehicles | 24 | €1,777 | €893 | -€883 | -49.7% |
| Other tangible fixed assets | 26 | €7,574 | €6,064 | -€1,510 | -19.9% |
| Current assets | 29/58 | €3,837 | €15,994 | +€12,158 | +316.9% |
| Amounts receivable within one year | 40/41 | €1,479 | €8,487 | +€7,008 | +473.8% |
| Trade receivables | 40 | €1,443 | €8,372 | +€6,929 | +480.3% |
| Other amounts receivable | 41 | €36 | €115 | +€79 | +216.5% |
| Cash at bank and in hand | 54/58 | €2,358 | €7,507 | +€5,150 | +218.4% |
| Total equity and liabilities | 10/49 | €275,892 | €274,165 | -€1,727 | -0.6% |
| Equity | 10/15 | -€28,984 | -€9,009 | +€19,975 | +68.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,184 | -€15,209 | +€19,975 | +56.8% |
| Amounts payable | 17/49 | €304,876 | €283,174 | -€21,702 | -7.1% |
| Amounts payable after more than one year | 17 | €211,369 | €190,287 | -€21,083 | -10.0% |
| Financial debts | 170/4 | €211,369 | €190,287 | -€21,083 | -10.0% |
| Amounts payable within one year | 42/48 | €93,507 | €92,888 | -€620 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €20,679 | €21,083 | +€404 | +2.0% |
| Financial debts | 43 | €2,711 | - | -€2,711 | |
| Credit institutions | 430/8 | €2,711 | - | -€2,711 | |
| Trade debts | 44 | €5,836 | €8,060 | +€2,224 | +38.1% |
| Suppliers | 440/4 | €5,836 | €8,060 | +€2,224 | +38.1% |
| Taxes, remuneration and social security | 45 | €1,850 | €2,414 | +€564 | +30.5% |
| Taxes | 450/3 | €1,850 | €2,414 | +€564 | +30.5% |
| Other amounts payable | 47/48 | €62,431 | €61,331 | -€1,100 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,275 | €13,884 | -€4,391 | -24.0% |
| Other operating charges | 640/8 | €2,265 | €1,594 | -€671 | -29.6% |
| Non-recurring operating charges | 66A | - | €111 | +€111 | |
| Gross operating margin | 9900 | €22,652 | €41,816 | +€19,163 | +84.6% |
| Operating profit (loss) | 9901 | €2,112 | €26,226 | +€24,114 | +1141.8% |
| Financial income | 75/76B | €30 | €5 | -€25 | -82.8% |
| Recurring financial income | 75 | €30 | €5 | -€25 | -82.8% |
| Financial charges | 65/66B | €6,014 | €6,034 | +€21 | +0.3% |
| Recurring financial charges | 65 | €6,014 | €6,034 | +€21 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,872 | €20,197 | +€24,068 | |
| Income taxes | 67/77 | €214 | €221 | +€8 | +3.6% |
| Profit (loss) for the period | 9904 | -€4,085 | €19,975 | +€24,060 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,085 | €19,975 | +€24,060 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.