MAZARA ROBERTINO: 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.
MAZARA ROBERTINO
Largest movements
- Tangible fixed assets -€10,341
down €10,341 (-8.7%), from €118,193 to €107,852
of which Land and buildings: -€8,523
- Deferred charges and accrued income +€8,743
up €8,743 (+208%), from €4,196 to €12,939
- Cash -€4,372
down €4,372 (-40.2%), from €10,867 to €6,495
mainly Contributions, distributions and other (-€10,000) and Deferred charges and accrued income (-€8,743)
- Reserves +€6,797
up €6,797 (+49.0%), from €13,882 to €20,680
of which Distributable reserves: +€6,797
- Other debts -€4,977
down €4,977 (-7.0%), from €70,626 to €65,649
- Current portion of long-term debt -€3,962
down €3,962 (-58.5%), from €6,775 to €2,813
- Debts after one year -€2,813
no longer reported in 2025 (was €2,813)
- Gross operating margin +€10,172
up €10,172 (+31.2%), from €32,561 to €42,734
- Taxes +€5,903
up €5,903 (+202%), from €2,927 to €8,830
- Depreciation -€745
down €745 (-6.7%), from €11,086 to €10,341
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 | €143,744 | €138,705 | -€5,039 | -3.5% |
| Fixed assets | 21/28 | €118,193 | €107,852 | -€10,341 | -8.7% |
| Tangible fixed assets | 22/27 | €118,193 | €107,852 | -€10,341 | -8.7% |
| Land and buildings | 22 | €114,855 | €106,332 | -€8,523 | -7.4% |
| Plant, machinery and equipment | 23 | €1,397 | €848 | -€549 | -39.3% |
| Furniture and vehicles | 24 | €1,940 | €671 | -€1,269 | -65.4% |
| Current assets | 29/58 | €25,551 | €30,853 | +€5,302 | +20.8% |
| Stocks and contracts in progress | 3 | €5,069 | €5,069 | = | 0.0% |
| Stocks | 30/36 | €5,069 | €5,069 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,420 | €6,351 | +€931 | +17.2% |
| Trade receivables | 40 | €3,252 | €2,807 | -€446 | -13.7% |
| Other amounts receivable | 41 | €2,167 | €3,545 | +€1,377 | +63.5% |
| Cash at bank and in hand | 54/58 | €10,867 | €6,495 | -€4,372 | -40.2% |
| Deferred charges and accrued income | 490/1 | €4,196 | €12,939 | +€8,743 | +208% |
| Total equity and liabilities | 10/49 | €143,744 | €138,705 | -€5,039 | -3.5% |
| Equity | 10/15 | €54,482 | €61,280 | +€6,797 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €13,882 | €20,680 | +€6,797 | +49.0% |
| Non-distributable reserves | 130/1 | €905 | €905 | = | 0.0% |
| Reserves not available under the articles | 1311 | €905 | €905 | = | 0.0% |
| Distributable reserves | 133 | €12,978 | €19,775 | +€6,797 | +52.4% |
| Amounts payable | 17/49 | €89,261 | €77,425 | -€11,836 | -13.3% |
| Amounts payable after more than one year | 17 | €2,813 | - | -€2,813 | |
| Financial debts | 170/4 | €2,813 | - | -€2,813 | |
| Amounts payable within one year | 42/48 | €86,449 | €77,425 | -€9,023 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €6,775 | €2,813 | -€3,962 | -58.5% |
| Trade debts | 44 | €3,186 | €2,820 | -€367 | -11.5% |
| Suppliers | 440/4 | €3,186 | €2,820 | -€367 | -11.5% |
| Taxes, remuneration and social security | 45 | €5,861 | €6,144 | +€283 | +4.8% |
| Taxes | 450/3 | €5,861 | €6,144 | +€283 | +4.8% |
| Other amounts payable | 47/48 | €70,626 | €65,649 | -€4,977 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,086 | €10,341 | -€745 | -6.7% |
| Other operating charges | 640/8 | €5,908 | €6,199 | +€291 | +4.9% |
| Gross operating margin | 9900 | €32,561 | €42,734 | +€10,172 | +31.2% |
| Operating profit (loss) | 9901 | €15,567 | €26,193 | +€10,626 | +68.3% |
| Financial charges | 65/66B | €793 | €566 | -€227 | -28.7% |
| Recurring financial charges | 65 | €793 | €566 | -€227 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €14,774 | €25,627 | +€10,853 | +73.5% |
| Income taxes | 67/77 | €2,927 | €8,830 | +€5,903 | +202% |
| Profit (loss) for the period | 9904 | €11,847 | €16,797 | +€4,950 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,847 | €16,797 | +€4,950 | +41.8% |
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 31 October 2026 via checked.be.