JAZZTRO: 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.
JAZZTRO
Largest movements
- Cash -€31,245
down €31,245 (-99.9%), from €31,271 to €25
mainly Debts (-€50,481) and Receivables within one year (-€6,653)
- Financial fixed assets -€9,936
no longer reported in 2019 (was €9,936)
- Stocks and contracts -€7,964
no longer reported in 2019 (was €7,964)
- Receivables within one year +€6,653
up €6,653 (+17.3%), from €38,387 to €45,041
- Tangible fixed assets -€1,114
no longer reported in 2019 (was €1,114)
- Debts -€50,481
down €50,481 (-88.2%), from €57,257 to €6,776
- Equity +€6,875
up €6,875 (+21.9%), from €31,416 to €38,291
of which Profit (loss) carried forward: +€6,875
- Gross operating margin -€29,717
down €29,717 (-44.8%), from €66,378 to €36,662
- Depreciation -€710
down €710 (-38.9%), from €1,825 to €1,114
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,673 | €45,066 | -€43,606 | -49.2% |
| Fixed assets | 21/28 | €11,051 | - | -€11,051 | |
| Tangible fixed assets | 22/27 | €1,114 | - | -€1,114 | |
| Financial fixed assets | 28 | €9,936 | - | -€9,936 | |
| Current assets | 29/58 | €77,622 | €45,066 | -€32,556 | -41.9% |
| Stocks and contracts in progress | 3 | €7,964 | - | -€7,964 | |
| Amounts receivable within one year | 40/41 | €38,387 | €45,041 | +€6,653 | +17.3% |
| Cash at bank and in hand | 54/58 | €31,271 | €25 | -€31,245 | -99.9% |
| Total equity and liabilities | 10/49 | €88,673 | €45,066 | -€43,606 | -49.2% |
| Equity | 10/15 | €31,416 | €38,291 | +€6,875 | +21.9% |
| Contributions | 10/11 | €23,600 | - | -€23,600 | |
| Reserves | 13 | €2,360 | €2,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,456 | €12,331 | +€6,875 | +126.0% |
| Amounts payable | 17/49 | €57,257 | €6,776 | -€50,481 | -88.2% |
| Amounts payable within one year | 42/48 | €53,516 | €6,776 | -€46,741 | -87.3% |
| Trade debts | 44 | €26,640 | €4,457 | -€22,183 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,825 | €1,114 | -€710 | -38.9% |
| Gross operating margin | 9900 | €66,378 | €36,662 | -€29,717 | -44.8% |
| Operating profit (loss) | 9901 | €15,210 | €9,368 | -€5,842 | -38.4% |
| Recurring financial income | 75 | €56 | €2 | -€54 | -96.9% |
| Recurring financial charges | 65 | €2,296 | €2,378 | +€82 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €12,969 | €6,992 | -€5,977 | -46.1% |
| Income taxes | 67/77 | €0 | €117 | +€117 | +146300.0% |
| Profit (loss) for the period | 9904 | €12,969 | €6,875 | -€6,094 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,969 | €6,875 | -€6,094 | -47.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.