COMMUNICATION & BUZZ: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.