AZAD CONSULTING: 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.
AZAD CONSULTING
Largest movements
- Cash -€33,938
down €33,938 (-41.9%), from €81,022 to €47,084
mainly Other debts (-€29,396) and Contributions, distributions and other (-€20,000)
- Receivables within one year -€6,238
down €6,238 (-22.6%), from €27,570 to €21,332
of which Other amounts receivable: -€3,612
- Deferred charges and accrued income -€3,000
down €3,000 (-44.4%), from €6,750 to €3,750
- Other debts -€29,396
down €29,396 (-39.7%), from €74,000 to €44,604
- Tax, wage and social debts -€11,567
down €11,567 (-32.2%), from €35,938 to €24,371
of which Remuneration and social security: -€7,000
- Trade debts -€5,882
no longer reported in 2025 (was €5,882)
- Profit (loss) carried forward +€3,499
up €3,499 (+403%), from €868 to €4,367
- Turnover -€168,885
no longer reported in 2025 (was €168,885)
- Purchases and services -€97,094
no longer reported in 2025 (was €97,094)
- Gross operating margin -€38,090
down €38,090 (-51.9%), from €73,391 to €35,301
- Taxes -€8,057
down €8,057 (-51.8%), from €15,552 to €7,495
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 | €118,888 | €75,542 | -€43,346 | -36.5% |
| Fixed assets | 21/28 | €3,546 | €3,376 | -€170 | -4.8% |
| Tangible fixed assets | 22/27 | €3,546 | €3,376 | -€170 | -4.8% |
| Furniture and vehicles | 24 | €3,546 | €3,376 | -€170 | -4.8% |
| Current assets | 29/58 | €115,342 | €72,166 | -€43,176 | -37.4% |
| Amounts receivable within one year | 40/41 | €27,570 | €21,332 | -€6,238 | -22.6% |
| Trade receivables | 40 | €23,958 | €21,332 | -€2,626 | -11.0% |
| Other amounts receivable | 41 | €3,612 | - | -€3,612 | |
| Cash at bank and in hand | 54/58 | €81,022 | €47,084 | -€33,938 | -41.9% |
| Deferred charges and accrued income | 490/1 | €6,750 | €3,750 | -€3,000 | -44.4% |
| Total equity and liabilities | 10/49 | €118,888 | €75,542 | -€43,346 | -36.5% |
| Equity | 10/15 | €3,068 | €6,567 | +€3,499 | +114% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | - | -€200 | |
| Reserves not available under the articles | 1311 | - | €200 | +€200 | |
| Profit (loss) carried forward | 14 | €868 | €4,367 | +€3,499 | +403% |
| Amounts payable | 17/49 | €115,820 | €68,975 | -€46,845 | -40.4% |
| Amounts payable within one year | 42/48 | €115,820 | €68,975 | -€46,845 | -40.4% |
| Trade debts | 44 | €5,882 | - | -€5,882 | |
| Suppliers | 440/4 | €5,882 | - | -€5,882 | |
| Taxes, remuneration and social security | 45 | €35,938 | €24,371 | -€11,567 | -32.2% |
| Taxes | 450/3 | €28,938 | €24,371 | -€4,567 | -15.8% |
| Remuneration and social security | 454/9 | €7,000 | - | -€7,000 | |
| Other amounts payable | 47/48 | €74,000 | €44,604 | -€29,396 | -39.7% |
| Turnover | 70 | €168,885 | - | -€168,885 | |
| Goods, raw materials, services and sundry goods | 60/61 | €97,094 | - | -€97,094 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,035 | €2,040 | -€995 | -32.8% |
| Other operating charges | 640/8 | €1,210 | €2,072 | +€863 | +71.3% |
| Gross operating margin | 9900 | €73,391 | €35,301 | -€38,090 | -51.9% |
| Operating profit (loss) | 9901 | €69,147 | €31,188 | -€37,958 | -54.9% |
| Financial income | 75/76B | - | €136 | +€136 | |
| Recurring financial income | 75 | - | €136 | +€136 | |
| Financial charges | 65/66B | €222 | €331 | +€108 | +48.7% |
| Recurring financial charges | 65 | €222 | €331 | +€108 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €68,924 | €30,993 | -€37,931 | -55.0% |
| Income taxes | 67/77 | €15,552 | €7,495 | -€8,057 | -51.8% |
| Profit (loss) for the period | 9904 | €53,373 | €23,499 | -€29,874 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,373 | €23,499 | -€29,874 | -56.0% |
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 25 October 2026 via checked.be.