Cizzo: 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.
Cizzo
Largest movements
- Financial fixed assets -€4,441
down €4,441 (-74.0%), from €6,000 to €1,559
- Receivables within one year +€2,329
up €2,329, from €0 to €2,329
of which Trade receivables: +€2,305
- Cash -€880
down €880 (-4.4%), from €19,930 to €19,050
mainly Net result for the year (-€5,483) and Receivables within one year (-€2,329)
- Stocks and contracts -€774
down €774 (-60.6%), from €1,276 to €502
- Profit (loss) carried forward -€5,483
down €5,483 (-62.6%), from -€8,756 to -€14,239
- Tax, wage and social debts +€1,314
up €1,314 (+33.8%), from €3,890 to €5,204
- Trade debts +€632
up €632 (+270.2%), from €234 to €866
- Gross operating margin -€2,259
down €2,259 (-216.2%), from -€1,045 to -€3,304
- Other operating charges +€1,079
up €1,079 (+171.8%), from €628 to €1,707
- Depreciation -€859
down €859 (-100.0%), from €859 to €0
- Financial charges -€378
down €378 (-43.0%), from €879 to €501
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 | €27,206 | €23,440 | -€3,766 | -13.8% |
| Fixed assets | 21/28 | €6,000 | €1,559 | -€4,441 | -74.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €6,000 | €1,559 | -€4,441 | -74.0% |
| Current assets | 29/58 | €21,206 | €21,881 | +€675 | +3.2% |
| Stocks and contracts in progress | 3 | €1,276 | €502 | -€774 | -60.6% |
| Stocks | 30/36 | €1,276 | €502 | -€774 | -60.6% |
| Amounts receivable within one year | 40/41 | €0 | €2,329 | +€2,329 | |
| Trade receivables | 40 | €0 | €2,305 | +€2,305 | |
| Other amounts receivable | 41 | €0 | €24 | +€24 | |
| Cash at bank and in hand | 54/58 | €19,930 | €19,050 | -€880 | -4.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €27,206 | €23,440 | -€3,766 | -13.8% |
| Equity | 10/15 | €22,853 | €17,370 | -€5,483 | -24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,009 | €13,009 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,650 | €1,650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,650 | €1,650 | = | 0.0% |
| Distributable reserves | 133 | €11,359 | €11,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,756 | -€14,239 | -€5,483 | -62.6% |
| Amounts payable | 17/49 | €4,353 | €6,070 | +€1,717 | +39.4% |
| Amounts payable within one year | 42/48 | €4,353 | €6,070 | +€1,717 | +39.4% |
| Trade debts | 44 | €234 | €866 | +€632 | +270.2% |
| Suppliers | 440/4 | €234 | €866 | +€632 | +270.2% |
| Taxes, remuneration and social security | 45 | €3,890 | €5,204 | +€1,314 | +33.8% |
| Taxes | 450/3 | €3,890 | €5,204 | +€1,314 | +33.8% |
| Other amounts payable | 47/48 | €229 | €0 | -€229 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €859 | €0 | -€859 | -100.0% |
| Other operating charges | 640/8 | €628 | €1,707 | +€1,079 | +171.8% |
| Gross operating margin | 9900 | -€1,045 | -€3,304 | -€2,259 | -216.2% |
| Operating profit (loss) | 9901 | -€2,532 | -€5,011 | -€2,479 | -97.9% |
| Financial income | 75/76B | €25 | €29 | +€5 | +19.1% |
| Recurring financial income | 75 | €25 | €29 | +€5 | +19.1% |
| Financial charges | 65/66B | €879 | €501 | -€378 | -43.0% |
| Recurring financial charges | 65 | €879 | €501 | -€378 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,386 | -€5,483 | -€2,096 | -61.9% |
| Profit (loss) for the period | 9904 | -€3,386 | -€5,483 | -€2,096 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,386 | -€5,483 | -€2,096 | -61.9% |
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 10 October 2026 via checked.be.