AZZARA: 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.
AZZARA
Largest movements
- Receivables within one year +€13,192
up €13,192 (+25.2%), from €52,340 to €65,532
of which Other amounts receivable: +€11,672
- Tangible fixed assets -€8,750
down €8,750 (-33.3%), from €26,250 to €17,500
- Stocks and contracts +€4,327
up €4,327 (+743%), from €582 to €4,909
- Profit (loss) carried forward +€19,880
up €19,880 (+117%), from €16,999 to €36,880
- Debts after one year -€6,987
down €6,987 (-31.9%), from €21,911 to €14,924
- Advances received -€2,198
no longer reported in 2024 (was €2,198)
- Tax, wage and social debts -€1,429
down €1,429 (-21.2%), from €6,748 to €5,319
- Gross operating margin +€16,863
up €16,863 (+105%), from €15,988 to €32,851
- Financial income -€1,876
down €1,876 (-100.0%), from €1,876 to €0
- Financial charges +€1,362
up €1,362 (+63.9%), from €2,131 to €3,493
- Other operating charges -€647
down €647 (-91.2%), from €709 to €62
- Taxes -€513
down €513 (-43.6%), from €1,178 to €665
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,958 | €88,008 | +€8,050 | +10.1% |
| Fixed assets | 21/28 | €26,250 | €17,500 | -€8,750 | -33.3% |
| Tangible fixed assets | 22/27 | €26,250 | €17,500 | -€8,750 | -33.3% |
| Furniture and vehicles | 24 | €26,250 | €17,500 | -€8,750 | -33.3% |
| Current assets | 29/58 | €53,708 | €70,508 | +€16,800 | +31.3% |
| Stocks and contracts in progress | 3 | €582 | €4,909 | +€4,327 | +743% |
| Stocks | 30/36 | €582 | €4,909 | +€4,327 | +743% |
| Amounts receivable within one year | 40/41 | €52,340 | €65,532 | +€13,192 | +25.2% |
| Trade receivables | 40 | €3,892 | €5,412 | +€1,520 | +39.1% |
| Other amounts receivable | 41 | €48,448 | €60,120 | +€11,672 | +24.1% |
| Cash at bank and in hand | 54/58 | €785 | €67 | -€719 | -91.5% |
| Total equity and liabilities | 10/49 | €79,958 | €88,008 | +€8,050 | +10.1% |
| Equity | 10/15 | €38,999 | €58,880 | +€19,880 | +51.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,999 | €36,880 | +€19,880 | +117% |
| Amounts payable | 17/49 | €40,959 | €29,129 | -€11,830 | -28.9% |
| Amounts payable after more than one year | 17 | €21,911 | €14,924 | -€6,987 | -31.9% |
| Financial debts | 170/4 | €21,911 | €14,924 | -€6,987 | -31.9% |
| Amounts payable within one year | 42/48 | €19,048 | €14,205 | -€4,843 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €8,222 | €7,577 | -€645 | -7.8% |
| Trade debts | 44 | €1,880 | €1,309 | -€571 | -30.4% |
| Suppliers | 440/4 | €1,880 | €1,309 | -€571 | -30.4% |
| Advances received on contracts in progress | 46 | €2,198 | - | -€2,198 | |
| Taxes, remuneration and social security | 45 | €6,748 | €5,319 | -€1,429 | -21.2% |
| Taxes | 450/3 | €6,748 | €5,319 | -€1,429 | -21.2% |
| Non-recurring operating income | 76A | - | €12,492 | +€12,492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,750 | €8,750 | = | 0.0% |
| Other operating charges | 640/8 | €709 | €62 | -€647 | -91.2% |
| Gross operating margin | 9900 | €15,988 | €32,851 | +€16,863 | +105% |
| Operating profit (loss) | 9901 | €6,529 | €24,038 | +€17,509 | +268% |
| Financial income | 75/76B | €1,876 | €0 | -€1,876 | -100.0% |
| Recurring financial income | 75 | €1,876 | €0 | -€1,876 | -100.0% |
| Financial charges | 65/66B | €2,131 | €3,493 | +€1,362 | +63.9% |
| Recurring financial charges | 65 | €2,131 | €3,493 | +€1,362 | +63.9% |
| Profit (loss) for the period before taxes | 9903 | €6,274 | €20,545 | +€14,271 | +227% |
| Income taxes | 67/77 | €1,178 | €665 | -€513 | -43.6% |
| Profit (loss) for the period | 9904 | €5,096 | €19,880 | +€14,784 | +290% |
| Profit (loss) for the period to be appropriated | 9905 | €5,096 | €19,880 | +€14,784 | +290% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.