Bazar ZERDA: what changed
Two fiscal 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.
Bazar ZERDA
Largest movements
- Cash -€44,465
down €44,465 (-52.8%), from €84,168 to €39,703
mainly Trade debts (-€84,791) and Debts after one year (-€9,733)
- Tangible fixed assets -€37,081
down €37,081 (-32.1%), from €115,574 to €78,493
of which Furniture and vehicles: -€20,311
- Receivables within one year -€12,892
down €12,892 (-25.0%), from €51,619 to €38,727
of which Other amounts receivable: -€9,198
- Trade debts -€84,791
down €84,791 (-64.4%), from €131,735 to €46,945
- Debts after one year -€9,733
down €9,733 (-35.2%), from €27,669 to €17,937
- Profit (loss) carried forward -€8,811
down €8,811 (-8.2%), from €107,199 to €98,388
- Tax, wage and social debts +€8,319
up €8,319 (+15.6%), from €53,287 to €61,606
of which Taxes: +€20,593
- Gross operating margin +€129,376
up €129,376 (+37.1%), from €348,609 to €477,985
- Staff costs +€127,419
up €127,419 (+42.2%), from €301,694 to €429,112
- Financial charges +€8,588
up €8,588 (+62.2%), from €13,798 to €22,386
- Depreciation +€5,764
up €5,764 (+21.9%), from €26,327 to €32,092
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,961 | €239,524 | -€94,437 | -28.3% |
| Fixed assets | 21/28 | €115,574 | €78,493 | -€37,081 | -32.1% |
| Tangible fixed assets | 22/27 | €115,574 | €78,493 | -€37,081 | -32.1% |
| Land and buildings | 22 | €3,290 | €4,634 | +€1,344 | +40.9% |
| Plant, machinery and equipment | 23 | €43,075 | €38,115 | -€4,960 | -11.5% |
| Furniture and vehicles | 24 | €34,027 | €13,716 | -€20,311 | -59.7% |
| Other tangible fixed assets | 26 | €35,182 | €22,029 | -€13,153 | -37.4% |
| Current assets | 29/58 | €218,388 | €161,031 | -€57,357 | -26.3% |
| Amounts receivable after more than one year | 29 | €6,610 | €6,610 | = | 0.0% |
| Other amounts receivable | 291 | €6,610 | €6,610 | = | 0.0% |
| Stocks and contracts in progress | 3 | €75,991 | €75,991 | = | 0.0% |
| Stocks | 30/36 | €75,991 | €75,991 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,619 | €38,727 | -€12,892 | -25.0% |
| Trade receivables | 40 | €5,094 | €1,400 | -€3,694 | -72.5% |
| Other amounts receivable | 41 | €46,525 | €37,327 | -€9,198 | -19.8% |
| Cash at bank and in hand | 54/58 | €84,168 | €39,703 | -€44,465 | -52.8% |
| Total equity and liabilities | 10/49 | €333,961 | €239,524 | -€94,437 | -28.3% |
| Equity | 10/15 | €112,199 | €103,388 | -€8,811 | -7.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,199 | €98,388 | -€8,811 | -8.2% |
| Amounts payable | 17/49 | €221,763 | €136,136 | -€85,627 | -38.6% |
| Amounts payable after more than one year | 17 | €27,669 | €17,937 | -€9,733 | -35.2% |
| Financial debts | 170/4 | €27,669 | €17,937 | -€9,733 | -35.2% |
| Amounts payable within one year | 42/48 | €194,093 | €118,199 | -€75,894 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €9,072 | €9,627 | +€556 | +6.1% |
| Trade debts | 44 | €131,735 | €46,945 | -€84,791 | -64.4% |
| Suppliers | 440/4 | €131,735 | €46,945 | -€84,791 | -64.4% |
| Taxes, remuneration and social security | 45 | €53,287 | €61,606 | +€8,319 | +15.6% |
| Taxes | 450/3 | €15,924 | €36,517 | +€20,593 | +129.3% |
| Remuneration and social security | 454/9 | €37,363 | €25,089 | -€12,273 | -32.8% |
| Other amounts payable | 47/48 | - | €22 | +€22 | |
| Remuneration, social security and pensions | 62 | €301,694 | €429,112 | +€127,419 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,327 | €32,092 | +€5,764 | +21.9% |
| Other operating charges | 640/8 | €408 | €2,937 | +€2,529 | +619.7% |
| Gross operating margin | 9900 | €348,609 | €477,985 | +€129,376 | +37.1% |
| Operating profit (loss) | 9901 | €20,179 | €13,843 | -€6,336 | -31.4% |
| Financial income | 75/76B | €180 | €16 | -€164 | -91.1% |
| Recurring financial income | 75 | €180 | €16 | -€164 | -91.1% |
| Financial charges | 65/66B | €13,798 | €22,386 | +€8,588 | +62.2% |
| Recurring financial charges | 65 | €13,798 | €22,386 | +€8,588 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | €6,561 | -€8,527 | -€15,088 | |
| Income taxes | 67/77 | €1,736 | €285 | -€1,451 | -83.6% |
| Profit (loss) for the period | 9904 | €4,825 | -€8,812 | -€13,637 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,825 | -€8,812 | -€13,637 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.