BZ Connections: 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.
BZ Connections
Largest movements
- Cash +€40,475
up €40,475 (+20,475%), from €198 to €40,673
mainly Net result for the year (+€44,153) and Tax, wage and social debts (+€9,750)
- Receivables within one year +€14,085
up €14,085 (+5,832%), from €242 to €14,327
of which Trade receivables: +€12,549
- Profit (loss) carried forward +€44,153
up €44,153, from -€3,461 to €40,692
- Tax, wage and social debts +€9,750
new in 2025: €9,750
- Trade debts +€734
new in 2025: €734
- Gross operating margin +€59,112
up €59,112, from -€3,431 to €55,681
- Taxes +€10,900
new in 2025: €10,900
- Other operating charges +€598
new in 2025: €598
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 | €439 | €54,999 | +€54,560 | +12,423% |
| Current assets | 29/58 | €439 | €54,999 | +€54,560 | +12,423% |
| Amounts receivable within one year | 40/41 | €242 | €14,327 | +€14,085 | +5,832% |
| Trade receivables | 40 | - | €12,549 | +€12,549 | |
| Other amounts receivable | 41 | €242 | €1,778 | +€1,536 | +636% |
| Cash at bank and in hand | 54/58 | €198 | €40,673 | +€40,475 | +20,475% |
| Total equity and liabilities | 10/49 | €439 | €54,999 | +€54,560 | +12,423% |
| Equity | 10/15 | -€461 | €43,692 | +€44,153 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,461 | €40,692 | +€44,153 | |
| Amounts payable | 17/49 | €900 | €11,308 | +€10,408 | +1,156% |
| Amounts payable within one year | 42/48 | €900 | €11,308 | +€10,408 | +1,156% |
| Trade debts | 44 | - | €734 | +€734 | |
| Suppliers | 440/4 | - | €734 | +€734 | |
| Taxes, remuneration and social security | 45 | - | €9,750 | +€9,750 | |
| Taxes | 450/3 | - | €9,750 | +€9,750 | |
| Other amounts payable | 47/48 | €900 | €823 | -€77 | -8.5% |
| Other operating charges | 640/8 | - | €598 | +€598 | |
| Gross operating margin | 9900 | -€3,431 | €55,681 | +€59,112 | |
| Operating profit (loss) | 9901 | -€3,431 | €55,083 | +€58,513 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €30 | €32 | +€2 | +5.2% |
| Recurring financial charges | 65 | €30 | €32 | +€2 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,461 | €55,053 | +€58,513 | |
| Income taxes | 67/77 | - | €10,900 | +€10,900 | |
| Profit (loss) for the period | 9904 | -€3,461 | €44,153 | +€47,614 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,461 | €44,153 | +€47,614 |
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.