FERMACA AZTECA: 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.
FERMACA AZTECA
Largest movements
- Financial fixed assets -€20.0m
down €20.0m (-99.4%), from €20.1m to €123,263
- Contributions -€20.6m
down €20.6m (-85.0%), from €24.2m to €3.6m
- Profit (loss) carried forward +€733,048
up €733,048 (+17.8%), from -€4.1m to -€3.4m
- Gross operating margin -€15,516
down €15,516 (-59.8%), from -€25,961 to -€41,477
- Other operating charges +€957
new in 2014: €957
- Taxes +€701
up €701 (+36514.6%), from €2 to €703
From the 2013 result to the 2014 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,131,877 | €278,954 | -€19.9m | -98.6% |
| Fixed assets | 21/28 | €20,126,934 | €123,263 | -€20.0m | -99.4% |
| Financial fixed assets | 28 | €20,126,934 | €123,263 | -€20.0m | -99.4% |
| Current assets | 29/58 | €4,943 | €155,691 | +€150,748 | +3050.0% |
| Amounts receivable within one year | 40/41 | €828 | €137,892 | +€137,064 | +16554.6% |
| Other amounts receivable | 41 | - | €137,892 | +€137,892 | |
| Cash at bank and in hand | 54/58 | €4,107 | €14,277 | +€10,170 | +247.6% |
| Deferred charges and accrued income | 490/1 | - | €3,522 | +€3,522 | |
| Total equity and liabilities | 10/49 | €20,131,877 | €278,954 | -€19.9m | -98.6% |
| Equity | 10/15 | €20,117,075 | €260,883 | -€19.9m | -98.7% |
| Contributions | 10/11 | €24,229,158 | €3,639,918 | -€20.6m | -85.0% |
| Capital | 10 | - | €3,639,918 | +€3.6m | |
| Issued capital | 100 | - | €3,813,173 | +€3.8m | |
| Uncalled capital | 101 | - | €173,255 | +€173,255 | |
| Outside capital | 11 | - | €103 | +€103 | |
| Profit (loss) carried forward | 14 | -€4,112,186 | -€3,379,138 | +€733,048 | +17.8% |
| Amounts payable | 17/49 | €14,802 | €18,071 | +€3,269 | +22.1% |
| Amounts payable within one year | 42/48 | €14,782 | €18,071 | +€3,289 | +22.3% |
| Trade debts | 44 | €7,314 | €1,904 | -€5,410 | -74.0% |
| Suppliers | 440/4 | - | €1,904 | +€1,904 | |
| Taxes, remuneration and social security | 45 | - | €699 | +€699 | |
| Taxes | 450/3 | - | €699 | +€699 | |
| Other amounts payable | 47/48 | - | €15,468 | +€15,468 | |
| Other operating charges | 640/8 | - | €957 | +€957 | |
| Gross operating margin | 9900 | -€25,961 | -€41,477 | -€15,516 | -59.8% |
| Operating profit (loss) | 9901 | -€26,918 | -€42,434 | -€15,516 | -57.6% |
| Recurring financial income | 75 | €8 | €106,047 | +€106,039 | +1380720.3% |
| Recurring financial charges | 65 | €512,967 | €41 | -€512,926 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,934,098 | €733,751 | +€2.7m | |
| Income taxes | 67/77 | €2 | €703 | +€701 | +36514.6% |
| Profit (loss) for the period | 9904 | -€1,934,100 | €733,048 | +€2.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,934,100 | €733,048 | +€2.7m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2013 and 31 December 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.