BAZRA: 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.
BAZRA
Largest movements
- Deferred charges and accrued income +€54,009
up €54,009 (+22141.4%), from €244 to €54,253
- Cash +€48,282
up €48,282 (+150.7%), from €32,036 to €80,318
mainly Trade debts (+€72,696) and Net result for the year (+€29,790)
- Trade debts +€72,696
up €72,696 (+96.4%), from €75,426 to €148,123
- Profit (loss) carried forward +€29,790
up €29,790 (+16.7%), from €178,475 to €208,265
- Debts after one year -€20,035
down €20,035 (-33.0%), from €60,771 to €40,737
- Tax, wage and social debts +€12,356
up €12,356 (+62.8%), from €19,683 to €32,039
of which Taxes: +€10,789
- Financial income +€39,807
up €39,807 (+533.9%), from €7,456 to €47,264
- Financial charges +€14,482
up €14,482 (+151.9%), from €9,536 to €24,018
- Gross operating margin -€12,270
down €12,270 (-34.1%), from €35,974 to €23,704
- Taxes +€4,517
up €4,517 (+49.8%), from €9,068 to €13,585
- Depreciation +€659
up €659 (+26.1%), from €2,527 to €3,187
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.
Cash bridge derived
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 | €405,457 | €501,058 | +€95,600 | +23.6% |
| Fixed assets | 21/28 | €8,021 | €5,549 | -€2,473 | -30.8% |
| Intangible fixed assets | 21 | €2,017 | €1,597 | -€420 | -20.8% |
| Tangible fixed assets | 22/27 | €6,004 | €3,952 | -€2,053 | -34.2% |
| Plant, machinery and equipment | 23 | €2,410 | €1,876 | -€534 | -22.2% |
| Furniture and vehicles | 24 | €3,594 | €2,075 | -€1,518 | -42.3% |
| Current assets | 29/58 | €397,436 | €495,509 | +€98,073 | +24.7% |
| Amounts receivable within one year | 40/41 | €365,156 | €360,938 | -€4,218 | -1.2% |
| Trade receivables | 40 | €354,748 | €342,401 | -€12,347 | -3.5% |
| Other amounts receivable | 41 | €10,408 | €18,537 | +€8,129 | +78.1% |
| Cash at bank and in hand | 54/58 | €32,036 | €80,318 | +€48,282 | +150.7% |
| Deferred charges and accrued income | 490/1 | €244 | €54,253 | +€54,009 | +22141.4% |
| Total equity and liabilities | 10/49 | €405,457 | €501,058 | +€95,600 | +23.6% |
| Equity | 10/15 | €230,335 | €260,125 | +€29,790 | +12.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178,475 | €208,265 | +€29,790 | +16.7% |
| Amounts payable | 17/49 | €175,123 | €240,933 | +€65,810 | +37.6% |
| Amounts payable after more than one year | 17 | €60,771 | €40,737 | -€20,035 | -33.0% |
| Financial debts | 170/4 | €60,771 | €40,737 | -€20,035 | -33.0% |
| Amounts payable within one year | 42/48 | €114,351 | €200,196 | +€85,845 | +75.1% |
| Current portion of amounts payable after more than one year | 42 | €19,242 | €20,035 | +€793 | +4.1% |
| Trade debts | 44 | €75,426 | €148,123 | +€72,696 | +96.4% |
| Suppliers | 440/4 | €75,426 | €148,123 | +€72,696 | +96.4% |
| Taxes, remuneration and social security | 45 | €19,683 | €32,039 | +€12,356 | +62.8% |
| Taxes | 450/3 | €19,683 | €30,472 | +€10,789 | +54.8% |
| Remuneration and social security | 454/9 | - | €1,567 | +€1,567 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,527 | €3,187 | +€659 | +26.1% |
| Other operating charges | 640/8 | €394 | €387 | -€7 | -1.8% |
| Gross operating margin | 9900 | €35,974 | €23,704 | -€12,270 | -34.1% |
| Operating profit (loss) | 9901 | €33,052 | €20,130 | -€12,923 | -39.1% |
| Financial income | 75/76B | €7,456 | €47,264 | +€39,807 | +533.9% |
| Recurring financial income | 75 | €7,456 | €47,264 | +€39,807 | +533.9% |
| Financial charges | 65/66B | €9,536 | €24,018 | +€14,482 | +151.9% |
| Recurring financial charges | 65 | €9,536 | €24,018 | +€14,482 | +151.9% |
| Profit (loss) for the period before taxes | 9903 | €30,973 | €43,375 | +€12,403 | +40.0% |
| Income taxes | 67/77 | €9,068 | €13,585 | +€4,517 | +49.8% |
| Profit (loss) for the period | 9904 | €21,905 | €29,790 | +€7,885 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,905 | €29,790 | +€7,885 | +36.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.