BYZANCE: 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.
What changed
BYZANCE
NACE 96.210, Hairdressing and barber services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€53,233
2024 · €68,620-€15,387
Equity
€570,589
2024 · €517,356+€53,233
Cash
€5,601
2024 · €6,926-€1,325
Balance sheet total
€645,579
2024 · €673,627-€28,048
Largest movements
Assets
- Receivables within one year -€12,611
down €12,611 (-98.7%), from €12,776 to €165
of which Other amounts receivable: -€12,000
- Tangible fixed assets -€12,026
down €12,026 (-1.8%), from €650,451 to €638,425
of which Land and buildings: -€9,310
Equity and liabilities
- Profit (loss) carried forward +€53,233
up €53,233 (+204%), from €26,147 to €79,380
- Current portion of long-term debt -€39,775
down €39,775 (-59.8%), from €66,519 to €26,744
- Debts after one year -€19,679
no longer reported in 2025 (was €19,679)
- Short-term financial debts -€12,000
no longer reported in 2025 (was €12,000)
- Tax, wage and social debts -€10,962
down €10,962 (-21.7%), from €50,575 to €39,613
of which Taxes: -€11,252
Income statement
- Taxes +€54,234
up €54,234, from -€46,046 to €8,188
- Depreciation -€18,632
down €18,632 (-60.8%), from €30,658 to €12,026
- Gross operating margin +€4,602
up €4,602 (+5.2%), from €87,934 to €92,536
- Financial charges -€1,485
down €1,485 (-36.1%), from €4,116 to €2,631
- Staff costs +€1,036
up €1,036 (+13.5%), from €7,704 to €8,740
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.
Result 2024
€68,620
Gross operating margin
+€4,602
Staff costs
-€1,036
Depreciation
+€18,632
Other operating charges
+€343
Other operating items
+€14,400
Financial income
+€421
Financial charges
+€1,485
Taxes
-€54,234
Result 2025
€53,233
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€70,129
Investment
+€1
Financing
-€71,454
Cash 2024
€6,926
From operations (derived)
+€70,129
Net result for the year
+€53,233
Depreciation
+€12,026
Stocks and contracts
-€0
Receivables within one year
+€12,611
Deferred charges and accrued income
+€2,085
Trade debts
+€2,198
Tax, wage and social debts
-€10,962
Other debts
-€4,878
Accrued charges and deferred income
+€3,816
Investment (derived)
+€1
Investment in fixed assets (net)
+€1
Financing
-€71,454
Debts after one year
-€19,679
Current portion of long-term debt
-€39,775
Short-term financial debts
-€12,000
Contributions, distributions and other
-€0
Cash 2025
€5,601
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €673,627 | €645,579 | -€28,048 | -4.2% |
| Fixed assets | 21/28 | €651,246 | €639,219 | -€12,027 | -1.8% |
| Tangible fixed assets | 22/27 | €650,451 | €638,425 | -€12,026 | -1.8% |
| Land and buildings | 22 | €646,939 | €637,629 | -€9,310 | -1.4% |
| Plant, machinery and equipment | 23 | €2,531 | €498 | -€2,033 | -80.3% |
| Furniture and vehicles | 24 | €982 | €298 | -€684 | -69.6% |
| Financial fixed assets | 28 | €794 | €794 | -€0 | -0.1% |
| Current assets | 29/58 | €22,381 | €6,360 | -€16,021 | -71.6% |
| Stocks and contracts in progress | 3 | €594 | €594 | +€0 | +0.1% |
| Stocks | 30/36 | €594 | €594 | +€0 | +0.1% |
| Amounts receivable within one year | 40/41 | €12,776 | €165 | -€12,611 | -98.7% |
| Trade receivables | 40 | €612 | - | -€612 | |
| Other amounts receivable | 41 | €12,165 | €165 | -€12,000 | -98.6% |
| Cash at bank and in hand | 54/58 | €6,926 | €5,601 | -€1,325 | -19.1% |
| Deferred charges and accrued income | 490/1 | €2,085 | - | -€2,085 | |
| Total equity and liabilities | 10/49 | €673,627 | €645,579 | -€28,048 | -4.2% |
| Equity | 10/15 | €517,356 | €570,589 | +€53,233 | +10.3% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Revaluation surpluses | 12 | €403,346 | €403,346 | +€0 | 0.0% |
| Reserves | 13 | €69,271 | €69,271 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Legal reserve | 130 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €67,412 | €67,412 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €26,147 | €79,380 | +€53,233 | +204% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €156,271 | €74,990 | -€81,281 | -52.0% |
| Amounts payable after more than one year | 17 | €19,679 | - | -€19,679 | |
| Financial debts | 170/4 | €19,679 | - | -€19,679 | |
| Amounts payable within one year | 42/48 | €136,065 | €70,647 | -€65,418 | -48.1% |
| Current portion of amounts payable after more than one year | 42 | €66,519 | €26,744 | -€39,775 | -59.8% |
| Financial debts | 43 | €12,000 | - | -€12,000 | |
| Credit institutions | 430/8 | €12,000 | - | -€12,000 | |
| Trade debts | 44 | €2,092 | €4,290 | +€2,198 | +105% |
| Suppliers | 440/4 | €2,092 | €4,290 | +€2,198 | +105% |
| Taxes, remuneration and social security | 45 | €50,575 | €39,613 | -€10,962 | -21.7% |
| Taxes | 450/3 | €49,944 | €38,692 | -€11,252 | -22.5% |
| Remuneration and social security | 454/9 | €632 | €921 | +€289 | +45.8% |
| Other amounts payable | 47/48 | €4,878 | - | -€4,878 | |
| Accrued charges and deferred income | 492/3 | €527 | €4,343 | +€3,816 | +725% |
| Non-recurring operating income | 76A | €376 | - | -€376 | |
| Remuneration, social security and pensions | 62 | €7,704 | €8,740 | +€1,036 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,658 | €12,026 | -€18,632 | -60.8% |
| Other operating charges | 640/8 | €8,483 | €8,140 | -€343 | -4.0% |
| Non-recurring operating charges | 66A | €14,400 | - | -€14,400 | |
| Gross operating margin | 9900 | €87,934 | €92,536 | +€4,602 | +5.2% |
| Operating profit (loss) | 9901 | €26,689 | €63,630 | +€36,941 | +138% |
| Financial income | 75/76B | €1 | €422 | +€421 | +30,043% |
| Recurring financial income | 75 | €1 | €422 | +€421 | +30,043% |
| Financial charges | 65/66B | €4,116 | €2,631 | -€1,485 | -36.1% |
| Recurring financial charges | 65 | €4,116 | €2,631 | -€1,485 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €22,575 | €61,421 | +€38,846 | +172% |
| Income taxes | 67/77 | -€46,046 | €8,188 | +€54,234 | |
| Profit (loss) for the period | 9904 | €68,620 | €53,233 | -€15,387 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,620 | €53,233 | -€15,387 | -22.4% |
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 18 October 2026 via checked.be.