BZZENERGY: 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.
BZZENERGY
Largest movements
- Receivables within one year -€5,376
down €5,376 (-74.5%), from €7,214 to €1,838
of which Other amounts receivable: -€6,425
- Tangible fixed assets -€5,281
down €5,281 (-3.1%), from €169,979 to €164,698
of which Land and buildings: -€4,331
- Cash +€2,105
up €2,105 (+231.9%), from €908 to €3,013
mainly Debts after one year (+€121,906) and Current portion of long-term debt (+€12,164)
- Debts after one year +€121,906
new in 2025: €121,906
- Other debts -€115,000
down €115,000 (-69.7%), from €165,000 to €50,000
- Trade debts -€14,985
no longer reported in 2025 (was €14,985)
- Profit (loss) carried forward -€12,648
down €12,648 (-183.7%), from -€6,884 to -€19,532
- Current portion of long-term debt +€12,164
new in 2025: €12,164
- Financial charges +€3,751
up €3,751 (+252.5%), from €1,485 to €5,236
- Depreciation +€3,549
up €3,549 (+87.0%), from €4,082 to €7,631
- Gross operating margin +€1,548
up €1,548, from -€930 to €619
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €178,101 | €169,549 | -€8,552 | -4.8% |
| Fixed assets | 21/28 | €169,979 | €164,698 | -€5,281 | -3.1% |
| Tangible fixed assets | 22/27 | €169,979 | €164,698 | -€5,281 | -3.1% |
| Land and buildings | 22 | €139,840 | €135,509 | -€4,331 | -3.1% |
| Plant, machinery and equipment | 23 | €30,139 | €29,189 | -€950 | -3.2% |
| Current assets | 29/58 | €8,122 | €4,851 | -€3,271 | -40.3% |
| Amounts receivable within one year | 40/41 | €7,214 | €1,838 | -€5,376 | -74.5% |
| Trade receivables | 40 | €305 | €1,354 | +€1,049 | +344.1% |
| Other amounts receivable | 41 | €6,909 | €484 | -€6,425 | -93.0% |
| Cash at bank and in hand | 54/58 | €908 | €3,013 | +€2,105 | +231.9% |
| Total equity and liabilities | 10/49 | €178,101 | €169,549 | -€8,552 | -4.8% |
| Equity | 10/15 | -€1,884 | -€14,532 | -€12,648 | -671.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,884 | -€19,532 | -€12,648 | -183.7% |
| Amounts payable | 17/49 | €179,985 | €184,081 | +€4,096 | +2.3% |
| Amounts payable after more than one year | 17 | - | €121,906 | +€121,906 | |
| Financial debts | 170/4 | - | €121,906 | +€121,906 | |
| Amounts payable within one year | 42/48 | €179,985 | €62,175 | -€117,809 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,164 | +€12,164 | |
| Trade debts | 44 | €14,985 | - | -€14,985 | |
| Suppliers | 440/4 | €14,985 | - | -€14,985 | |
| Taxes, remuneration and social security | 45 | - | €12 | +€12 | |
| Taxes | 450/3 | - | €12 | +€12 | |
| Other amounts payable | 47/48 | €165,000 | €50,000 | -€115,000 | -69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,082 | €7,631 | +€3,549 | +87.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€930 | €619 | +€1,548 | |
| Operating profit (loss) | 9901 | -€5,399 | -€7,412 | -€2,013 | -37.3% |
| Financial charges | 65/66B | €1,485 | €5,236 | +€3,751 | +252.5% |
| Recurring financial charges | 65 | €1,485 | €5,236 | +€3,751 | +252.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,884 | -€12,648 | -€5,764 | -83.7% |
| Profit (loss) for the period | 9904 | -€6,884 | -€12,648 | -€5,764 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,884 | -€12,648 | -€5,764 | -83.7% |
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.