Jazzi: 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.
Jazzi
Largest movements
- Cash +€5,015
up €5,015, from €0 to €5,015
mainly Net result for the year (+€23,065) and Tax, wage and social debts (+€5,341)
- Tangible fixed assets +€2,005
new in 2024: €2,005
- Receivables within one year +€1,708
up €1,708 (+28.2%), from €6,050 to €7,758
- Profit (loss) carried forward +€18,565
up €18,565 (+13.5%), from -€137,973 to -€119,408
- Other debts -€8,364
down €8,364 (-10.1%), from €82,906 to €74,543
- Debts after one year -€7,326
down €7,326 (-36.9%), from €19,859 to €12,533
- Tax, wage and social debts +€5,341
up €5,341 (+74.5%), from €7,171 to €12,512
- Trade debts +€2,957
up €2,957 (+86.6%), from €3,415 to €6,372
- Financial charges -€149,898
down €149,898 (-99.1%), from €151,239 to €1,341
of which Non-recurring financial charges: -€150,000
- Gross operating margin +€13,297
up €13,297 (+71.5%), from €18,586 to €31,883
- Taxes +€1,872
up €1,872 (+54.5%), from €3,437 to €5,309
- Depreciation +€703
new in 2024: €703
- Other operating charges +€629
up €629 (+70.6%), from €892 to €1,521
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 | €6,050 | €14,777 | +€8,727 | +144.3% |
| Fixed assets | 21/28 | €0 | €2,005 | +€2,005 | |
| Tangible fixed assets | 22/27 | - | €2,005 | +€2,005 | |
| Furniture and vehicles | 24 | - | €2,005 | +€2,005 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €6,050 | €12,773 | +€6,723 | +111.1% |
| Amounts receivable within one year | 40/41 | €6,050 | €7,758 | +€1,708 | +28.2% |
| Trade receivables | 40 | €6,050 | €7,758 | +€1,708 | +28.2% |
| Cash at bank and in hand | 54/58 | €0 | €5,015 | +€5,015 | |
| Total equity and liabilities | 10/49 | €6,050 | €14,777 | +€8,727 | +144.3% |
| Equity | 10/15 | -€118,557 | -€99,991 | +€18,565 | +15.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,917 | €16,917 | = | 0.0% |
| Distributable reserves | 133 | €16,917 | €16,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,973 | -€119,408 | +€18,565 | +13.5% |
| Amounts payable | 17/49 | €124,607 | €114,769 | -€9,838 | -7.9% |
| Amounts payable after more than one year | 17 | €19,859 | €12,533 | -€7,326 | -36.9% |
| Financial debts | 170/4 | €19,859 | €12,533 | -€7,326 | -36.9% |
| Amounts payable within one year | 42/48 | €103,265 | €100,753 | -€2,512 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €9,607 | €7,326 | -€2,281 | -23.7% |
| Financial debts | 43 | €164 | €0 | -€164 | -100.0% |
| Credit institutions | 430/8 | €164 | €0 | -€164 | -100.0% |
| Trade debts | 44 | €3,415 | €6,372 | +€2,957 | +86.6% |
| Suppliers | 440/4 | €3,415 | €6,372 | +€2,957 | +86.6% |
| Taxes, remuneration and social security | 45 | €7,171 | €12,512 | +€5,341 | +74.5% |
| Taxes | 450/3 | €7,171 | €12,512 | +€5,341 | +74.5% |
| Other amounts payable | 47/48 | €82,906 | €74,543 | -€8,364 | -10.1% |
| Accrued charges and deferred income | 492/3 | €1,483 | €1,483 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €703 | +€703 | |
| Other operating charges | 640/8 | €892 | €1,521 | +€629 | +70.6% |
| Gross operating margin | 9900 | €18,586 | €31,883 | +€13,297 | +71.5% |
| Operating profit (loss) | 9901 | €17,694 | €29,659 | +€11,965 | +67.6% |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €151,239 | €1,341 | -€149,898 | -99.1% |
| Recurring financial charges | 65 | €1,239 | €1,341 | +€102 | +8.3% |
| Non-recurring financial charges | 66B | €150,000 | €0 | -€150,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€133,544 | €28,374 | +€161,919 | |
| Income taxes | 67/77 | €3,437 | €5,309 | +€1,872 | +54.5% |
| Profit (loss) for the period | 9904 | -€136,981 | €23,065 | +€160,046 | |
| Profit (loss) for the period to be appropriated | 9905 | -€136,981 | €23,065 | +€160,046 |
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 3 October 2026 via checked.be.