Redbizz: 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.
Redbizz
Largest movements
- Stocks and contracts +€118,713
up €118,713 (+60.9%), from €195,007 to €313,720
- Cash +€11,463
up €11,463 (+164.8%), from €6,954 to €18,417
mainly Other debts (+€126,194) and Advances received (+€51,651)
- Tangible fixed assets -€6,028
down €6,028 (-48.9%), from €12,322 to €6,294
- Receivables within one year +€3,804
up €3,804 (+145.0%), from €2,624 to €6,428
of which Other amounts receivable: +€3,804
- Other debts +€126,194
up €126,194 (+89.3%), from €141,287 to €267,481
- Profit (loss) carried forward -€52,621
down €52,621 (-745.5%), from -€7,059 to -€59,679
- Advances received +€51,651
new in 2025: €51,651
- Financial income -€97,048
down €97,048 (-99.7%), from €97,378 to €329
of which Non-recurring financial income: -€96,449
- Gross operating margin +€36,009
up €36,009 (+48.2%), from -€74,676 to -€38,668
- Financial charges -€13,456
down €13,456 (-98.3%), from €13,687 to €231
- Depreciation +€5,805
up €5,805 (+358.0%), from €1,621 to €7,427
- Other operating charges +€4,067
up €4,067 (+159.0%), from €2,558 to €6,624
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 | €247,379 | €375,144 | +€127,765 | +51.6% |
| Fixed assets | 21/28 | €12,322 | €6,294 | -€6,028 | -48.9% |
| Tangible fixed assets | 22/27 | €12,322 | €6,294 | -€6,028 | -48.9% |
| Furniture and vehicles | 24 | €12,322 | €6,294 | -€6,028 | -48.9% |
| Current assets | 29/58 | €235,057 | €368,850 | +€133,793 | +56.9% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €195,007 | €313,720 | +€118,713 | +60.9% |
| Stocks | 30/36 | €195,007 | €313,720 | +€118,713 | +60.9% |
| Amounts receivable within one year | 40/41 | €2,624 | €6,428 | +€3,804 | +145.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,624 | €6,428 | +€3,804 | +145.0% |
| Cash at bank and in hand | 54/58 | €6,954 | €18,417 | +€11,463 | +164.8% |
| Deferred charges and accrued income | 490/1 | €473 | €286 | -€187 | -39.6% |
| Total equity and liabilities | 10/49 | €247,379 | €375,144 | +€127,765 | +51.6% |
| Equity | 10/15 | €98,157 | €45,536 | -€52,621 | -53.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €43,215 | €43,215 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €37,015 | €37,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,059 | -€59,679 | -€52,621 | -745.5% |
| Amounts payable | 17/49 | €149,222 | €329,608 | +€180,386 | +120.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €149,222 | €329,608 | +€180,386 | +120.9% |
| Financial debts | 43 | €218 | €0 | -€218 | -100.0% |
| Credit institutions | 430/8 | €218 | €0 | -€218 | -100.0% |
| Trade debts | 44 | €3,466 | €6,225 | +€2,759 | +79.6% |
| Suppliers | 440/4 | €3,466 | €6,225 | +€2,759 | +79.6% |
| Advances received on contracts in progress | 46 | - | €51,651 | +€51,651 | |
| Taxes, remuneration and social security | 45 | €4,251 | €4,251 | = | 0.0% |
| Taxes | 450/3 | €4,251 | €4,251 | = | 0.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €141,287 | €267,481 | +€126,194 | +89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,621 | €7,427 | +€5,805 | +358.0% |
| Other operating charges | 640/8 | €2,558 | €6,624 | +€4,067 | +159.0% |
| Gross operating margin | 9900 | -€74,676 | -€38,668 | +€36,009 | +48.2% |
| Operating profit (loss) | 9901 | -€78,855 | -€52,719 | +€26,136 | +33.1% |
| Financial income | 75/76B | €97,378 | €329 | -€97,048 | -99.7% |
| Recurring financial income | 75 | €929 | €329 | -€599 | -64.5% |
| Non-recurring financial income | 76B | €96,449 | €0 | -€96,449 | -100.0% |
| Financial charges | 65/66B | €13,687 | €231 | -€13,456 | -98.3% |
| Recurring financial charges | 65 | €13,687 | €231 | -€13,456 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | €4,835 | -€52,621 | -€57,456 | |
| Profit (loss) for the period | 9904 | €4,835 | -€52,621 | -€57,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,835 | -€52,621 | -€57,456 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.