COMMUNICATION & BUZZ: 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.
COMMUNICATION & BUZZ
Largest movements
- Cash +€22,631
up €22,631 (+76.7%), from €29,525 to €52,156
mainly Net result for the year (+€44,245) and Other debts (+€18,152)
- Current investments +€20,000
up €20,000 (+20.0%), from €100,000 to €120,000
- Tangible fixed assets -€13,171
down €13,171 (-23.9%), from €55,090 to €41,920
- Receivables within one year +€5,015
up €5,015 (+34.7%), from €14,437 to €19,453
of which Trade receivables: +€5,137
- Reserves +€18,505
up €18,505 (+12.2%), from €151,794 to €170,299
of which Distributable reserves: +€18,505
- Other debts +€18,152
up €18,152 (+307%), from €5,915 to €24,067
- Gross operating margin +€4,560
up €4,560 (+5.8%), from €79,037 to €83,597
- Taxes +€1,246
up €1,246 (+6.0%), from €20,822 to €22,068
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 | €199,052 | €233,528 | +€34,476 | +17.3% |
| Fixed assets | 21/28 | €55,090 | €41,920 | -€13,171 | -23.9% |
| Tangible fixed assets | 22/27 | €55,090 | €41,920 | -€13,171 | -23.9% |
| Furniture and vehicles | 24 | €55,090 | €41,920 | -€13,171 | -23.9% |
| Current assets | 29/58 | €143,962 | €191,609 | +€47,647 | +33.1% |
| Amounts receivable within one year | 40/41 | €14,437 | €19,453 | +€5,015 | +34.7% |
| Trade receivables | 40 | €13,754 | €18,891 | +€5,137 | +37.3% |
| Other amounts receivable | 41 | €683 | €561 | -€122 | -17.8% |
| Current investments | 50/53 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €29,525 | €52,156 | +€22,631 | +76.7% |
| Total equity and liabilities | 10/49 | €199,052 | €233,528 | +€34,476 | +17.3% |
| Equity | 10/15 | €164,194 | €182,699 | +€18,505 | +11.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €151,794 | €170,299 | +€18,505 | +12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €149,934 | €168,439 | +€18,505 | +12.3% |
| Amounts payable | 17/49 | €34,858 | €50,830 | +€15,971 | +45.8% |
| Amounts payable within one year | 42/48 | €34,858 | €50,830 | +€15,971 | +45.8% |
| Financial debts | 43 | €214 | €107 | -€107 | -49.9% |
| Credit institutions | 430/8 | €214 | €107 | -€107 | -49.9% |
| Trade debts | 44 | €2,267 | €2,293 | +€27 | +1.2% |
| Suppliers | 440/4 | €2,267 | €2,293 | +€27 | +1.2% |
| Taxes, remuneration and social security | 45 | €26,462 | €24,362 | -€2,101 | -7.9% |
| Taxes | 450/3 | €26,462 | €24,362 | -€2,101 | -7.9% |
| Other amounts payable | 47/48 | €5,915 | €24,067 | +€18,152 | +307% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,126 | €17,123 | -€3 | 0.0% |
| Other operating charges | 640/8 | €1,002 | €1,034 | +€32 | +3.2% |
| Gross operating margin | 9900 | €79,037 | €83,597 | +€4,560 | +5.8% |
| Operating profit (loss) | 9901 | €60,909 | €65,440 | +€4,530 | +7.4% |
| Financial income | 75/76B | €1,712 | €1,366 | -€346 | -20.2% |
| Recurring financial income | 75 | €1,712 | €1,366 | -€346 | -20.2% |
| Financial charges | 65/66B | €326 | €491 | +€166 | +50.9% |
| Recurring financial charges | 65 | €326 | €491 | +€166 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €62,296 | €66,314 | +€4,018 | +6.4% |
| Income taxes | 67/77 | €20,822 | €22,068 | +€1,246 | +6.0% |
| Profit (loss) for the period | 9904 | €41,473 | €44,245 | +€2,772 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,473 | €44,245 | +€2,772 | +6.7% |
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 16 October 2026 via checked.be.