ZARA- BRUNO: 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.
ZARA- BRUNO
Largest movements
- Receivables within one year -€27,446
no longer reported in 2024 (was €27,446)
- Cash +€4,294
up €4,294 (+287%), from €1,494 to €5,788
mainly Receivables within one year (+€27,446) and Deferred charges and accrued income (+€2,799)
- Deferred charges and accrued income -€2,799
no longer reported in 2024 (was €2,799)
- Tangible fixed assets -€2,647
down €2,647 (-8.9%), from €29,895 to €27,249
- Trade debts -€22,684
down €22,684 (-16.6%), from €137,005 to €114,320
- Profit (loss) carried forward -€5,913
down €5,913 (-6.6%), from -€89,630 to -€95,543
- Gross operating margin -€30,628
down €30,628 (-49.1%), from €62,359 to €31,731
- Purchases and services +€13,012
up €13,012 (+18.0%), from €72,415 to €85,427
- Depreciation +€1,662
up €1,662 (+169%), from €985 to €2,647
- Other operating charges -€1,112
down €1,112 (-3.2%), from €35,282 to €34,170
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.
Derived cash bridge
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 | €61,634 | €33,037 | -€28,597 | -46.4% |
| Fixed assets | 21/28 | €29,895 | €27,249 | -€2,647 | -8.9% |
| Tangible fixed assets | 22/27 | €29,895 | €27,249 | -€2,647 | -8.9% |
| Other tangible fixed assets | 26 | €29,895 | €27,249 | -€2,647 | -8.9% |
| Current assets | 29/58 | €31,739 | €5,788 | -€25,951 | -81.8% |
| Amounts receivable within one year | 40/41 | €27,446 | - | -€27,446 | |
| Trade receivables | 40 | €27,446 | - | -€27,446 | |
| Cash at bank and in hand | 54/58 | €1,494 | €5,788 | +€4,294 | +287% |
| Deferred charges and accrued income | 490/1 | €2,799 | - | -€2,799 | |
| Total equity and liabilities | 10/49 | €61,634 | €33,037 | -€28,597 | -46.4% |
| Equity | 10/15 | -€75,370 | -€81,283 | -€5,913 | -7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,630 | -€95,543 | -€5,913 | -6.6% |
| Amounts payable | 17/49 | €137,005 | €114,320 | -€22,684 | -16.6% |
| Amounts payable within one year | 42/48 | €137,005 | €114,320 | -€22,684 | -16.6% |
| Trade debts | 44 | €137,005 | €114,320 | -€22,684 | -16.6% |
| Suppliers | 440/4 | €137,005 | €114,320 | -€22,684 | -16.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,415 | €85,427 | +€13,012 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985 | €2,647 | +€1,662 | +169% |
| Other operating charges | 640/8 | €35,282 | €34,170 | -€1,112 | -3.2% |
| Gross operating margin | 9900 | €62,359 | €31,731 | -€30,628 | -49.1% |
| Operating profit (loss) | 9901 | €26,092 | -€5,086 | -€31,178 | |
| Financial charges | 65/66B | €1,198 | €827 | -€371 | -31.0% |
| Recurring financial charges | 65 | €1,198 | €827 | -€371 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €24,894 | -€5,913 | -€30,807 | |
| Profit (loss) for the period | 9904 | €24,894 | -€5,913 | -€30,807 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,894 | -€5,913 | -€30,807 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.