SCARPA AZURA: what changed
SCARPA AZURA
Largest movements
- Tangible fixed assets +€14,533
up €14,533 (+347%), from €4,182 to €18,715
of which Furniture and vehicles: +€14,890
- Stocks and contracts -€3,212
down €3,212 (-7.2%), from €44,677 to €41,466
- Deferred charges and accrued income +€671
up €671 (+98.8%), from €679 to €1,350
- Other debts +€6,315
up €6,315 (+3.9%), from €160,138 to €166,452
- Trade debts +€5,375
up €5,375 (+591%), from €910 to €6,284
- Profit (loss) carried forward +€1,744
up €1,744 (+1.1%), from -€160,120 to -€158,376
- Tax, wage and social debts -€903
down €903 (-13.3%), from €6,778 to €5,875
- Financial income +€15,250
up €15,250 (+503%), from €3,031 to €18,282
of which Non-recurring financial income: +€16,200
- Gross operating margin +€14,081
up €14,081 (+56.4%), from -€24,947 to -€10,866
- Depreciation +€2,293
up €2,293 (+2,164%), from €106 to €2,399
- Other operating charges +€309
up €309 (+40.0%), from €773 to €1,082
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,652 | €67,073 | +€12,421 | +22.7% |
| Fixed assets | 21/28 | €8,732 | €23,265 | +€14,533 | +166% |
| Tangible fixed assets | 22/27 | €4,182 | €18,715 | +€14,533 | +347% |
| Furniture and vehicles | 24 | €656 | €15,546 | +€14,890 | +2,270% |
| Leasing and similar rights | 25 | €3,526 | €3,169 | -€358 | -10.1% |
| Financial fixed assets | 28 | €4,550 | €4,550 | = | 0.0% |
| Current assets | 29/58 | €45,919 | €43,808 | -€2,112 | -4.6% |
| Stocks and contracts in progress | 3 | €44,677 | €41,466 | -€3,212 | -7.2% |
| Stocks | 30/36 | €44,677 | €41,466 | -€3,212 | -7.2% |
| Cash at bank and in hand | 54/58 | €563 | €992 | +€429 | +76.3% |
| Deferred charges and accrued income | 490/1 | €679 | €1,350 | +€671 | +98.8% |
| Total equity and liabilities | 10/49 | €54,652 | €67,073 | +€12,421 | +22.7% |
| Equity | 10/15 | -€120,620 | -€118,876 | +€1,744 | +1.4% |
| Contributions | 10/11 | €39,500 | €39,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,120 | -€158,376 | +€1,744 | +1.1% |
| Amounts payable | 17/49 | €175,272 | €185,949 | +€10,677 | +6.1% |
| Amounts payable within one year | 42/48 | €175,272 | €185,949 | +€10,677 | +6.1% |
| Financial debts | 43 | €7,446 | €7,337 | -€109 | -1.5% |
| Credit institutions | 430/8 | €7,446 | €7,337 | -€109 | -1.5% |
| Trade debts | 44 | €910 | €6,284 | +€5,375 | +591% |
| Suppliers | 440/4 | €910 | €6,284 | +€5,375 | +591% |
| Taxes, remuneration and social security | 45 | €6,778 | €5,875 | -€903 | -13.3% |
| Taxes | 450/3 | €6,778 | €5,875 | -€903 | -13.3% |
| Other amounts payable | 47/48 | €160,138 | €166,452 | +€6,315 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106 | €2,399 | +€2,293 | +2,164% |
| Other operating charges | 640/8 | €773 | €1,082 | +€309 | +40.0% |
| Gross operating margin | 9900 | -€24,947 | -€10,866 | +€14,081 | +56.4% |
| Operating profit (loss) | 9901 | -€25,826 | -€14,348 | +€11,478 | +44.4% |
| Financial income | 75/76B | €3,031 | €18,282 | +€15,250 | +503% |
| Recurring financial income | 75 | €1,241 | €292 | -€950 | -76.5% |
| Non-recurring financial income | 76B | €1,790 | €17,990 | +€16,200 | +905% |
| Financial charges | 65/66B | €1,895 | €2,053 | +€158 | +8.3% |
| Recurring financial charges | 65 | €1,895 | €2,053 | +€158 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,690 | €1,881 | +€26,571 | |
| Income taxes | 67/77 | €140 | €137 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | -€24,830 | €1,744 | +€26,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,830 | €1,744 | +€26,574 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.