FAZZOLETTO: 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.
FAZZOLETTO
Largest movements
- Financial fixed assets +€276,600
new in 2025: €276,600
- Cash +€28,091
up €28,091 (+2,525%), from €1,113 to €29,203
mainly Debts after one year (+€270,991) and Net result for the year (+€34,148)
- Receivables within one year +€19,230
up €19,230 (+14,748%), from €130 to €19,360
of which Trade receivables: +€19,360
- Debts after one year +€270,991
new in 2025: €270,991
- Reserves +€33,362
new in 2025: €33,362
- Tax, wage and social debts +€20,109
new in 2025: €20,109
- Gross operating margin +€47,472
up €47,472, from -€322 to €47,150
- Taxes +€11,975
new in 2025: €11,975
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.
Derived cash bridge
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 | €2,875 | €326,609 | +€323,734 | +11,261% |
| Formation expenses | 20 | €1,632 | €1,205 | -€427 | -26.2% |
| Fixed assets | 21/28 | - | €276,600 | +€276,600 | |
| Financial fixed assets | 28 | - | €276,600 | +€276,600 | |
| Current assets | 29/58 | €1,243 | €48,804 | +€47,561 | +3,826% |
| Amounts receivable within one year | 40/41 | €130 | €19,360 | +€19,230 | +14,748% |
| Trade receivables | 40 | - | €19,360 | +€19,360 | |
| Other amounts receivable | 41 | €130 | €0 | -€130 | -100% |
| Cash at bank and in hand | 54/58 | €1,113 | €29,203 | +€28,091 | +2,525% |
| Deferred charges and accrued income | 490/1 | - | €241 | +€241 | |
| Total equity and liabilities | 10/49 | €2,875 | €326,609 | +€323,734 | +11,261% |
| Equity | 10/15 | €714 | €34,862 | +€34,148 | +4,784% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €33,362 | +€33,362 | |
| Distributable reserves | 133 | - | €33,362 | +€33,362 | |
| Profit (loss) carried forward | 14 | -€786 | €0 | +€786 | |
| Amounts payable | 17/49 | €2,161 | €291,747 | +€289,586 | +13,400% |
| Amounts payable after more than one year | 17 | - | €270,991 | +€270,991 | |
| Financial debts | 170/4 | - | €270,991 | +€270,991 | |
| Amounts payable within one year | 42/48 | €2,161 | €20,756 | +€18,595 | +860% |
| Trade debts | 44 | €2,161 | €647 | -€1,514 | -70.1% |
| Suppliers | 440/4 | €2,161 | €647 | -€1,514 | -70.1% |
| Taxes, remuneration and social security | 45 | - | €20,109 | +€20,109 | |
| Taxes | 450/3 | - | €20,109 | +€20,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €427 | +€350 | +455% |
| Other operating charges | 640/8 | €387 | €595 | +€207 | +53.5% |
| Gross operating margin | 9900 | -€322 | €47,150 | +€47,472 | |
| Operating profit (loss) | 9901 | -€786 | €46,128 | +€46,914 | |
| Financial charges | 65/66B | - | €5 | +€5 | |
| Recurring financial charges | 65 | - | €5 | +€5 | |
| Profit (loss) for the period before taxes | 9903 | -€786 | €46,123 | +€46,910 | |
| Income taxes | 67/77 | - | €11,975 | +€11,975 | |
| Profit (loss) for the period | 9904 | -€786 | €34,148 | +€34,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€786 | €34,148 | +€34,934 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.