BUZZ MANAGEMENT: what changed
What changed
BUZZ MANAGEMENT
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€71,651
2024 · €85,675-€14,024
Equity
€1.3m
2024 · €1.2m+€84,469
Cash
€76,613
2024 · €30,964+€45,649
Balance sheet total
€1.8m
2024 · €1.8m-€34,994
Largest movements
Assets
- Receivables within one year -€46,567
down €46,567 (-51.5%), from €90,502 to €43,935
of which Trade receivables: -€54,189
- Cash +€45,649
up €45,649 (+147%), from €30,964 to €76,613
mainly Net result for the year (+€71,651) and Depreciation (+€48,308)
- Tangible fixed assets -€34,078
down €34,078 (-2.0%), from €1.7m to €1.6m
of which Other tangible fixed assets: -€31,790
Equity and liabilities
- Debts after one year -€127,938
down €127,938 (-32.9%), from €388,946 to €261,008
- Reserves +€71,600
up €71,600 (+14.3%), from €499,160 to €570,760
of which Non-distributable reserves: +€36,660
Income statement
- Gross operating margin -€24,211
down €24,211 (-13.4%), from €180,805 to €156,594
- Taxes -€7,822
down €7,822 (-21.0%), from €37,303 to €29,481
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.
Result 2024
€85,675
Gross operating margin
-€24,211
Depreciation
+€1,028
Other operating charges
-€33
Financial income
-€13
Financial charges
+€1,383
Taxes
+€7,822
Result 2025
€71,651
raises the resultlowers the result
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.
From operations
+€173,499
Investment
-€14,230
Financing
-€113,620
Cash 2024
€30,964
From operations (derived)
+€173,499
Net result for the year
+€71,651
Depreciation
+€48,308
Receivables within one year
+€46,567
Deferred charges and accrued income
-€2
Trade debts
+€1,376
Tax, wage and social debts
+€4,799
Other debts
+€800
Investment (derived)
-€14,230
Investment in fixed assets (net)
-€14,230
Financing
-€113,620
Debts after one year
-€127,938
Current portion of long-term debt
+€1,500
Contributions, distributions and other
+€12,818
Cash 2025
€76,613
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,786,379 | €1,751,385 | -€34,994 | -2.0% |
| Fixed assets | 21/28 | €1,662,461 | €1,628,383 | -€34,078 | -2.0% |
| Tangible fixed assets | 22/27 | €1,662,411 | €1,628,333 | -€34,078 | -2.0% |
| Furniture and vehicles | 24 | €102,090 | €99,802 | -€2,288 | -2.2% |
| Other tangible fixed assets | 26 | €1,560,321 | €1,528,531 | -€31,790 | -2.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €123,918 | €123,002 | -€916 | -0.7% |
| Amounts receivable within one year | 40/41 | €90,502 | €43,935 | -€46,567 | -51.5% |
| Trade receivables | 40 | €90,445 | €36,256 | -€54,189 | -59.9% |
| Other amounts receivable | 41 | €57 | €7,679 | +€7,622 | +13,372% |
| Cash at bank and in hand | 54/58 | €30,964 | €76,613 | +€45,649 | +147% |
| Deferred charges and accrued income | 490/1 | €2,452 | €2,454 | +€2 | +0.1% |
| Total equity and liabilities | 10/49 | €1,786,379 | €1,751,385 | -€34,994 | -2.0% |
| Equity | 10/15 | €1,195,346 | €1,279,815 | +€84,469 | +7.1% |
| Revaluation surpluses | 12 | €105,151 | €117,969 | +€12,818 | +12.2% |
| Reserves | 13 | €499,160 | €570,760 | +€71,600 | +14.3% |
| Non-distributable reserves | 130/1 | - | €36,660 | +€36,660 | |
| Reserves not available under the articles | 1311 | - | €36,660 | +€36,660 | |
| Distributable reserves | 133 | €499,160 | €534,100 | +€34,940 | +7.0% |
| Profit (loss) carried forward | 14 | €591,035 | €591,086 | +€51 | 0.0% |
| Amounts payable | 17/49 | €591,033 | €471,570 | -€119,463 | -20.2% |
| Amounts payable after more than one year | 17 | €388,946 | €261,008 | -€127,938 | -32.9% |
| Financial debts | 170/4 | €388,946 | €261,008 | -€127,938 | -32.9% |
| Amounts payable within one year | 42/48 | €202,087 | €210,562 | +€8,475 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €126,439 | €127,939 | +€1,500 | +1.2% |
| Trade debts | 44 | €4,598 | €5,974 | +€1,376 | +29.9% |
| Suppliers | 440/4 | €4,598 | €5,974 | +€1,376 | +29.9% |
| Taxes, remuneration and social security | 45 | €25,156 | €29,955 | +€4,799 | +19.1% |
| Taxes | 450/3 | €25,156 | €29,955 | +€4,799 | +19.1% |
| Other amounts payable | 47/48 | €45,894 | €46,694 | +€800 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,336 | €48,308 | -€1,028 | -2.1% |
| Other operating charges | 640/8 | €1,099 | €1,132 | +€33 | +3.0% |
| Gross operating margin | 9900 | €180,805 | €156,594 | -€24,211 | -13.4% |
| Operating profit (loss) | 9901 | €130,370 | €107,154 | -€23,216 | -17.8% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €7,405 | €6,022 | -€1,383 | -18.7% |
| Recurring financial charges | 65 | €7,405 | €6,022 | -€1,383 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €122,978 | €101,132 | -€21,846 | -17.8% |
| Income taxes | 67/77 | €37,303 | €29,481 | -€7,822 | -21.0% |
| Profit (loss) for the period | 9904 | €85,675 | €71,651 | -€14,024 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,675 | €71,651 | -€14,024 | -16.4% |
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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 2 November 2026 via checked.be.