NAZAR EXPORT: 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.
NAZAR EXPORT
Largest movements
- Stocks and contracts +€2,437
up €2,437 (+39.5%), from €6,173 to €8,610
- Cash +€787
up €787 (+66.9%), from €1,176 to €1,963
mainly Other debts (+€3,000) and Net result for the year (+€1,265)
- Receivables within one year -€255
no longer reported in 2024 (was €255)
- Other debts +€3,000
up €3,000 (+18.8%), from €16,000 to €19,000
- Tax, wage and social debts -€1,494
down €1,494 (-84.2%), from €1,774 to €280
- Profit (loss) carried forward +€1,265
up €1,265 (+9.6%), from -€13,170 to -€11,905
- Trade debts +€197
new in 2024: €197
- Other operating charges +€823
up €823 (+77.4%), from €1,063 to €1,886
- Gross operating margin -€484
down €484 (-12.8%), from €3,788 to €3,304
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 | €7,604 | €10,573 | +€2,969 | +39.0% |
| Current assets | 29/58 | €7,604 | €10,573 | +€2,969 | +39.0% |
| Stocks and contracts in progress | 3 | €6,173 | €8,610 | +€2,437 | +39.5% |
| Stocks | 30/36 | €6,173 | €8,610 | +€2,437 | +39.5% |
| Amounts receivable within one year | 40/41 | €255 | - | -€255 | |
| Trade receivables | 40 | €255 | - | -€255 | |
| Cash at bank and in hand | 54/58 | €1,176 | €1,963 | +€787 | +66.9% |
| Total equity and liabilities | 10/49 | €7,604 | €10,573 | +€2,969 | +39.0% |
| Equity | 10/15 | -€10,170 | -€8,905 | +€1,265 | +12.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,170 | -€11,905 | +€1,265 | +9.6% |
| Amounts payable | 17/49 | €17,774 | €19,478 | +€1,704 | +9.6% |
| Amounts payable within one year | 42/48 | €17,774 | €19,478 | +€1,704 | +9.6% |
| Trade debts | 44 | - | €197 | +€197 | |
| Suppliers | 440/4 | - | €197 | +€197 | |
| Taxes, remuneration and social security | 45 | €1,774 | €280 | -€1,494 | -84.2% |
| Taxes | 450/3 | €1,774 | €280 | -€1,494 | -84.2% |
| Other amounts payable | 47/48 | €16,000 | €19,000 | +€3,000 | +18.8% |
| Non-recurring operating income | 76A | €5,441 | - | -€5,441 | |
| Other operating charges | 640/8 | €1,063 | €1,886 | +€823 | +77.4% |
| Gross operating margin | 9900 | €3,788 | €3,304 | -€484 | -12.8% |
| Operating profit (loss) | 9901 | €2,725 | €1,419 | -€1,306 | -47.9% |
| Financial charges | 65/66B | €153 | €153 | = | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,572 | €1,265 | -€1,306 | -50.8% |
| Profit (loss) for the period | 9904 | €2,572 | €1,265 | -€1,306 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,572 | €1,265 | -€1,306 | -50.8% |
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.