Sizzle: 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.
What changed
Sizzle
NACE 46.499, Wholesale of other household goods
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.7m-€567,324
Equity
€3.1m
2024 · €3.4m-€312,083
Cash
€492,859
2024 · €755,971-€263,112
Balance sheet total
€6.0m
2024 · €6.4m-€411,165
Largest movements
Assets
- Receivables within one year -€473,859
down €473,859 (-32.8%), from €1.4m to €970,980
of which Trade receivables: -€400,522
- Cash -€263,112
down €263,112 (-34.8%), from €755,971 to €492,859
mainly Contributions, distributions and other (-€1.5m) and Trade debts (-€1.3m)
- Stocks and contracts +€105,508
up €105,508 (+3.9%), from €2.7m to €2.8m
- Financial fixed assets +€100,000
up €100,000 (+24.8%), from €404,000 to €504,000
- Tangible fixed assets +€67,437
up €67,437 (+11.3%), from €596,371 to €663,807
of which Land and buildings: +€75,024
Equity and liabilities
- Trade debts -€1.3m
down €1.3m (-53.4%), from €2.4m to €1.1m
- Other debts +€902,500
up €902,500 (+1002.8%), from €90,000 to €992,500
- Reserves -€312,083
down €312,083 (-9.3%), from €3.3m to €3.0m
of which Tax-exempt reserves: -€251,075
- Debts after one year +€96,911
up €96,911 (+46.5%), from €208,471 to €305,382
of which Other amounts payable: +€122,500
- Tax, wage and social debts +€75,633
up €75,633 (+42.3%), from €178,982 to €254,614
of which Taxes: +€121,997
Income statement
- Turnover -€17.5m
no longer reported in 2025 (was €17.5m)
- Goods and materials -€13.3m
no longer reported in 2025 (was €13.3m)
of which Purchases: -€14.1m
- Gross operating margin +€2.3m
new in 2025: €2.3m
- Services and other goods -€1.1m
no longer reported in 2025 (was €1.1m)
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.
Result 2024
€1.7m
Turnover
-€17.5m
Other operating income
-€16,977
Goods and materials
+€13.3m
Services and other goods
+€1.1m
Staff costs
+€29,844
Depreciation
-€23,288
Write-downs
-€39,307
Other operating charges
+€827
Other operating items
+€2.3m
Financial income
+€15,984
Financial charges
-€546
Taxes
+€172,662
Result 2025
€1.1m
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.
From operations
+€1.4m
Investment
-€346,826
Financing
-€1.3m
Cash 2024
€755,971
From operations (derived)
+€1.4m
Net result for the year
+€1.1m
Depreciation
+€119,453
Receivables after one year
+€7,075
Stocks and contracts
-€105,508
Receivables within one year
+€473,859
Trade debts
-€1.3m
Tax, wage and social debts
+€75,633
Advances received
+€44,171
Other debts
+€902,500
Accrued charges and deferred income
+€12,784
Investment (derived)
-€346,826
Investment in fixed assets (net)
-€286,890
Current investments
-€59,937
Financing
-€1.3m
Debts after one year
+€96,911
Current portion of long-term debt
+€40,027
Contributions, distributions and other
-€1.5m
Cash 2025
€492,859
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,400,750 | €5,989,585 | -€411,165 | -6.4% |
| Fixed assets | 21/28 | €1,000,371 | €1,167,807 | +€167,437 | +16.7% |
| Tangible fixed assets | 22/27 | €596,371 | €663,807 | +€67,437 | +11.3% |
| Land and buildings | 22 | €253,696 | €328,721 | +€75,024 | +29.6% |
| Plant, machinery and equipment | 23 | €209,191 | €184,052 | -€25,139 | -12.0% |
| Furniture and vehicles | 24 | €112,938 | €123,583 | +€10,646 | +9.4% |
| Other tangible fixed assets | 26 | €20,546 | €27,452 | +€6,906 | +33.6% |
| Financial fixed assets | 28 | €404,000 | €504,000 | +€100,000 | +24.8% |
| Other financial fixed assets | 284/8 | €404,000 | - | -€404,000 | |
| Amounts receivable and cash guarantees | 285/8 | €404,000 | - | -€404,000 | |
| Current assets | 29/58 | €5,400,379 | €4,821,778 | -€578,601 | -10.7% |
| Amounts receivable after more than one year | 29 | €364,835 | €357,759 | -€7,075 | -1.9% |
| Other amounts receivable | 291 | €364,835 | €357,759 | -€7,075 | -1.9% |
| Stocks and contracts in progress | 3 | €2,691,538 | €2,797,046 | +€105,508 | +3.9% |
| Stocks | 30/36 | €2,691,538 | €2,797,046 | +€105,508 | +3.9% |
| Goods purchased for resale | 34 | €2,691,538 | - | -€2.7m | |
| Amounts receivable within one year | 40/41 | €1,444,838 | €970,980 | -€473,859 | -32.8% |
| Trade receivables | 40 | €1,288,841 | €888,319 | -€400,522 | -31.1% |
| Other amounts receivable | 41 | €155,998 | €82,661 | -€73,337 | -47.0% |
| Current investments | 50/53 | €129,197 | €189,134 | +€59,937 | +46.4% |
| Other investments | 51/53 | €129,197 | - | -€129,197 | |
| Cash at bank and in hand | 54/58 | €755,971 | €492,859 | -€263,112 | -34.8% |
| Deferred charges and accrued income | 490/1 | €14,000 | €14,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €6,400,750 | €5,989,585 | -€411,165 | -6.4% |
| Equity | 10/15 | €3,441,251 | €3,129,167 | -€312,083 | -9.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,341,251 | €3,029,167 | -€312,083 | -9.3% |
| Tax-exempt reserves | 132 | €1,052,500 | €801,425 | -€251,075 | -23.9% |
| Distributable reserves | 133 | €2,288,751 | €2,227,742 | -€61,009 | -2.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,959,499 | €2,860,418 | -€99,081 | -3.3% |
| Amounts payable after more than one year | 17 | €208,471 | €305,382 | +€96,911 | +46.5% |
| Financial debts | 170/4 | €208,471 | €182,882 | -€25,589 | -12.3% |
| Credit institutions | 173 | €208,471 | - | -€208,471 | |
| Other amounts payable | 178/9 | €0 | €122,500 | +€122,500 | |
| Amounts payable within one year | 42/48 | €2,689,658 | €2,480,882 | -€208,776 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €42,055 | €82,082 | +€40,027 | +95.2% |
| Trade debts | 44 | €2,378,621 | €1,107,516 | -€1.3m | -53.4% |
| Suppliers | 440/4 | €2,378,621 | €1,107,516 | -€1.3m | -53.4% |
| Advances received on contracts in progress | 46 | - | €44,171 | +€44,171 | |
| Taxes, remuneration and social security | 45 | €178,982 | €254,614 | +€75,633 | +42.3% |
| Taxes | 450/3 | €64,184 | €186,181 | +€121,997 | +190.1% |
| Remuneration and social security | 454/9 | €114,798 | €68,433 | -€46,365 | -40.4% |
| Other amounts payable | 47/48 | €90,000 | €992,500 | +€902,500 | +1002.8% |
| Accrued charges and deferred income | 492/3 | €61,370 | €74,154 | +€12,784 | +20.8% |
| Operating income | 70/76A | €17,485,175 | - | -€17.5m | |
| Turnover | 70 | €17,459,198 | - | -€17.5m | |
| Other operating income | 74 | €16,977 | - | -€16,977 | |
| Non-recurring operating income | 76A | €9,000 | €466 | -€8,534 | -94.8% |
| Operating charges | 60/66A | €15,213,899 | - | -€15.2m | |
| Goods for resale, raw materials and consumables | 60 | €13,332,465 | - | -€13.3m | |
| Purchases | 600/8 | €14,145,952 | - | -€14.1m | |
| Change in stocks: decrease (increase) | 609 | -€813,487 | - | +€813,487 | |
| Services and other goods | 61 | €1,090,393 | - | -€1.1m | |
| Remuneration, social security and pensions | 62 | €701,479 | €671,635 | -€29,844 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,165 | €119,453 | +€23,288 | +24.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,750 | €18,557 | +€39,307 | |
| Other operating charges | 640/8 | €14,147 | €13,320 | -€827 | -5.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | - | €2,338,817 | +€2.3m | |
| Operating profit (loss) | 9901 | €2,271,276 | €1,515,851 | -€755,424 | -33.3% |
| Financial income | 75/76B | €14,873 | €30,857 | +€15,984 | +107.5% |
| Recurring financial income | 75 | €14,873 | €30,857 | +€15,984 | +107.5% |
| Income from current assets | 751 | €14,302 | - | -€14,302 | |
| Other financial income | 752/9 | €571 | - | -€571 | |
| Financial charges | 65/66B | €18,724 | €19,270 | +€546 | +2.9% |
| Recurring financial charges | 65 | €18,724 | €19,270 | +€546 | +2.9% |
| Debt charges | 650 | €5,600 | - | -€5,600 | |
| Other financial charges | 652/9 | €13,124 | - | -€13,124 | |
| Profit (loss) for the period before taxes | 9903 | €2,267,425 | €1,527,438 | -€739,986 | -32.6% |
| Income taxes | 67/77 | €562,184 | €389,522 | -€172,662 | -30.7% |
| Taxes | 670/3 | €562,184 | - | -€562,184 | |
| Profit (loss) for the period | 9904 | €1,705,241 | €1,137,917 | -€567,324 | -33.3% |
| Transfer from tax-exempt reserves | 789 | - | €251,075 | +€251,075 | |
| Transfer to tax-exempt reserves | 689 | €547,300 | €0 | -€547,300 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,157,941 | €1,388,991 | +€231,050 | +20.0% |
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 9 October 2026 via checked.be.