LIVE 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.
LIVE BUZZ
Largest movements
- Cash +€25,532
up €25,532 (+113%), from €22,581 to €48,113
mainly Net result for the year (+€23,680) and Other debts (+€19,429)
- Receivables within one year -€11,673
down €11,673 (-49.5%), from €23,567 to €11,894
of which Trade receivables: -€6,346
- Intangible fixed assets -€9,000
down €9,000 (-16.4%), from €54,750 to €45,750
- Other debts +€19,429
up €19,429 (+382%), from €5,091 to €24,520
- Reserves -€11,839
down €11,839 (-13.2%), from €89,573 to €77,734
- Debts after one year -€8,753
down €8,753 (-29.7%), from €29,446 to €20,694
- Tax, wage and social debts +€4,192
up €4,192 (+370%), from €1,134 to €5,326
- Gross operating margin +€16,171
up €16,171 (+50.5%), from €32,016 to €48,187
- Taxes +€3,176
up €3,176 (+78.3%), from €4,056 to €7,232
- Depreciation -€1,292
down €1,292 (-10.6%), from €12,189 to €10,898
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 | €144,261 | €149,300 | +€5,039 | +3.5% |
| Fixed assets | 21/28 | €63,964 | €55,057 | -€8,907 | -13.9% |
| Intangible fixed assets | 21 | €54,750 | €45,750 | -€9,000 | -16.4% |
| Tangible fixed assets | 22/27 | €8,814 | €8,907 | +€93 | +1.1% |
| Plant, machinery and equipment | 23 | €797 | €2,084 | +€1,288 | +162% |
| Furniture and vehicles | 24 | €885 | €502 | -€383 | -43.3% |
| Other tangible fixed assets | 26 | €7,132 | €6,321 | -€811 | -11.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €80,297 | €94,243 | +€13,946 | +17.4% |
| Amounts receivable within one year | 40/41 | €23,567 | €11,894 | -€11,673 | -49.5% |
| Trade receivables | 40 | €7,132 | €786 | -€6,346 | -89.0% |
| Other amounts receivable | 41 | €16,435 | €11,108 | -€5,327 | -32.4% |
| Current investments | 50/53 | €33,500 | €33,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,581 | €48,113 | +€25,532 | +113% |
| Deferred charges and accrued income | 490/1 | €649 | €736 | +€87 | +13.3% |
| Total equity and liabilities | 10/49 | €144,261 | €149,300 | +€5,039 | +3.5% |
| Equity | 10/15 | €94,573 | €82,734 | -€11,839 | -12.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,573 | €77,734 | -€11,839 | -13.2% |
| Distributable reserves | 133 | €89,573 | €77,734 | -€11,839 | -13.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,688 | €66,566 | +€16,878 | +34.0% |
| Amounts payable after more than one year | 17 | €29,446 | €20,694 | -€8,753 | -29.7% |
| Financial debts | 170/4 | €29,446 | €20,694 | -€8,753 | -29.7% |
| Amounts payable within one year | 42/48 | €19,855 | €45,473 | +€25,618 | +129% |
| Current portion of amounts payable after more than one year | 42 | €8,491 | €8,753 | +€262 | +3.1% |
| Financial debts | 43 | €3,164 | €4,054 | +€890 | +28.1% |
| Credit institutions | 430/8 | €3,164 | €4,054 | +€890 | +28.1% |
| Trade debts | 44 | €1,975 | €2,821 | +€846 | +42.8% |
| Suppliers | 440/4 | €1,975 | €2,821 | +€846 | +42.8% |
| Taxes, remuneration and social security | 45 | €1,134 | €5,326 | +€4,192 | +370% |
| Taxes | 450/3 | €1,134 | €5,326 | +€4,192 | +370% |
| Other amounts payable | 47/48 | €5,091 | €24,520 | +€19,429 | +382% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,189 | €10,898 | -€1,292 | -10.6% |
| Other operating charges | 640/8 | €786 | €666 | -€119 | -15.2% |
| Non-recurring operating charges | 66A | €10 | €2,500 | +€2,490 | +25,462% |
| Gross operating margin | 9900 | €32,016 | €48,187 | +€16,171 | +50.5% |
| Operating profit (loss) | 9901 | €19,031 | €34,123 | +€15,092 | +79.3% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €3,141 | €3,211 | +€71 | +2.2% |
| Recurring financial charges | 65 | €3,141 | €3,211 | +€71 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €15,895 | €30,912 | +€15,017 | +94.5% |
| Income taxes | 67/77 | €4,056 | €7,232 | +€3,176 | +78.3% |
| Profit (loss) for the period | 9904 | €11,839 | €23,680 | +€11,840 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €11,839 | €23,680 | +€11,840 | +100% |
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 17 October 2026 via checked.be.