BIZZIT: 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.
BIZZIT
Largest movements
- Deferred charges and accrued income +€49,494
up €49,494 (+213%), from €23,211 to €72,705
- Cash +€13,516
up €13,516 (+16.9%), from €80,042 to €93,558
mainly Trade debts (+€84,624) and Depreciation (+€80,954)
- Tangible fixed assets +€12,250
up €12,250 (+4.5%), from €273,496 to €285,746
of which Other tangible fixed assets: +€48,315
- Trade debts +€84,624
up €84,624 (+62.7%), from €135,004 to €219,628
- Tax, wage and social debts +€44,974
up €44,974 (+20.5%), from €219,290 to €264,265
of which Remuneration and social security: +€33,666
- Other debts -€39,000
down €39,000 (-56.5%), from €69,000 to €30,000
- Current portion of long-term debt -€21,069
down €21,069 (-43.5%), from €48,417 to €27,348
- Short-term financial debts +€20,107
up €20,107 (+30.0%), from €67,035 to €87,142
- Gross operating margin +€172,560
up €172,560 (+16.2%), from €1.1m to €1.2m
- Staff costs +€132,069
up €132,069 (+14.0%), from €941,734 to €1.1m
- Write-downs +€35,966
up €35,966 (+164%), from €21,934 to €57,900
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 | €1,151,031 | €1,223,848 | +€72,817 | +6.3% |
| Fixed assets | 21/28 | €514,255 | €515,500 | +€1,244 | +0.2% |
| Intangible fixed assets | 21 | €240,759 | €229,753 | -€11,006 | -4.6% |
| Tangible fixed assets | 22/27 | €273,496 | €285,746 | +€12,250 | +4.5% |
| Plant, machinery and equipment | 23 | €36,306 | €35,366 | -€940 | -2.6% |
| Furniture and vehicles | 24 | €3,980 | €4,346 | +€366 | +9.2% |
| Other tangible fixed assets | 26 | €197,719 | €246,034 | +€48,315 | +24.4% |
| Assets under construction and advance payments | 27 | €35,491 | - | -€35,491 | |
| Current assets | 29/58 | €636,775 | €708,348 | +€71,573 | +11.2% |
| Amounts receivable within one year | 40/41 | €533,522 | €542,085 | +€8,563 | +1.6% |
| Trade receivables | 40 | €531,067 | €536,167 | +€5,100 | +1.0% |
| Other amounts receivable | 41 | €2,455 | €5,918 | +€3,463 | +141% |
| Cash at bank and in hand | 54/58 | €80,042 | €93,558 | +€13,516 | +16.9% |
| Deferred charges and accrued income | 490/1 | €23,211 | €72,705 | +€49,494 | +213% |
| Total equity and liabilities | 10/49 | €1,151,031 | €1,223,848 | +€72,817 | +6.3% |
| Equity | 10/15 | €321,394 | €322,351 | +€957 | +0.3% |
| Contributions | 10/11 | €30,961 | €30,961 | = | 0.0% |
| Reserves | 13 | €290,434 | €291,391 | +€957 | +0.3% |
| Tax-exempt reserves | 132 | €240,771 | €213,241 | -€27,530 | -11.4% |
| Distributable reserves | 133 | €49,663 | €78,150 | +€28,488 | +57.4% |
| Amounts payable | 17/49 | €829,637 | €901,497 | +€71,860 | +8.7% |
| Amounts payable after more than one year | 17 | €281,002 | €263,227 | -€17,775 | -6.3% |
| Financial debts | 170/4 | €281,002 | €263,227 | -€17,775 | -6.3% |
| Amounts payable within one year | 42/48 | €538,747 | €628,383 | +€89,636 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €48,417 | €27,348 | -€21,069 | -43.5% |
| Financial debts | 43 | €67,035 | €87,142 | +€20,107 | +30.0% |
| Credit institutions | 430/8 | €67,035 | €87,142 | +€20,107 | +30.0% |
| Trade debts | 44 | €135,004 | €219,628 | +€84,624 | +62.7% |
| Suppliers | 440/4 | €135,004 | €219,628 | +€84,624 | +62.7% |
| Taxes, remuneration and social security | 45 | €219,290 | €264,265 | +€44,974 | +20.5% |
| Taxes | 450/3 | €91,035 | €102,343 | +€11,308 | +12.4% |
| Remuneration and social security | 454/9 | €128,256 | €161,922 | +€33,666 | +26.2% |
| Other amounts payable | 47/48 | €69,000 | €30,000 | -€39,000 | -56.5% |
| Accrued charges and deferred income | 492/3 | €9,888 | €9,887 | -€1 | 0.0% |
| Remuneration, social security and pensions | 62 | €941,734 | €1,073,803 | +€132,069 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,282 | €80,954 | +€5,672 | +7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,934 | €57,900 | +€35,966 | +164% |
| Other operating charges | 640/8 | €1,885 | €1,653 | -€232 | -12.3% |
| Gross operating margin | 9900 | €1,064,669 | €1,237,229 | +€172,560 | +16.2% |
| Operating profit (loss) | 9901 | €23,835 | €22,919 | -€916 | -3.8% |
| Financial income | 75/76B | €19,339 | €11,166 | -€8,173 | -42.3% |
| Recurring financial income | 75 | €19,339 | €11,166 | -€8,173 | -42.3% |
| Financial charges | 65/66B | €16,834 | €17,577 | +€743 | +4.4% |
| Recurring financial charges | 65 | €16,834 | €17,577 | +€743 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €26,339 | €16,508 | -€9,832 | -37.3% |
| Income taxes | 67/77 | €11,702 | €15,550 | +€3,848 | +32.9% |
| Profit (loss) for the period | 9904 | €14,637 | €957 | -€13,680 | -93.5% |
| Transfer from tax-exempt reserves | 789 | €27,530 | €27,530 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,168 | €28,488 | -€13,680 | -32.4% |
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 26 October 2026 via checked.be.