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Azaleia: 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.

What changed

Azaleia

BE 0440.453.046
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3,685
2023 · -€1,696-€1,988
Equity
-€543,276
2023 · -€539,591-€3,685
Cash
€50
2023 · €174,476-€174,425
Balance sheet total
€417,698
2023 · €421,818-€4,120

Largest movements

2023 to 2024
Assets
  • Cash -€174,425

    down €174,425 (-100.0%), from €174,476 to €50

    mainly Receivables within one year (-€170,305) and Net result for the year (-€3,685)

  • Receivables within one year +€170,305

    up €170,305 (+68.9%), from €247,342 to €417,647

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin -€1,225

      down €1,225 (-88.3%), from -€1,387 to -€2,612

    • Other operating charges +€842

      new in 2024: €842

    • Financial charges -€79

      down €79 (-25.4%), from €309 to €231

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 -€1,696
    Gross operating margin -€1,225
    Other operating charges -€842
    Financial charges +€79
    Result 2024 -€3,685

    Cash bridge derived

    cash 2023 to 2024

    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.

    From operations -€174,425
    Investment €0
    Financing €0
    Cash 2023 €174,476
    Net result for the year -€3,685
    Receivables within one year -€170,305
    Trade debts -€436
    Cash 2024 €50
    Every line side by side 30 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €421,818 €417,698 -€4,120 -1.0%
    Current assets 29/58 €421,818 €417,698 -€4,120 -1.0%
    Amounts receivable within one year 40/41 €247,342 €417,647 +€170,305 +68.9%
    Other amounts receivable 41 €247,342 €417,647 +€170,305 +68.9%
    Cash at bank and in hand 54/58 €174,476 €50 -€174,425 -100.0%
    Total equity and liabilities 10/49 €421,818 €417,698 -€4,120 -1.0%
    Equity 10/15 -€539,591 -€543,276 -€3,685 -0.7%
    Contributions 10/11 €111,552 €111,552 = 0.0%
    Reserves 13 €1,859 €1,859 = 0.0%
    Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
    Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
    Profit (loss) carried forward 14 -€653,002 -€656,687 -€3,685 -0.6%
    Amounts payable 17/49 €961,409 €960,973 -€436 0.0%
    Amounts payable after more than one year 17 €456,180 €456,180 = 0.0%
    Financial debts 170/4 €456,180 €456,180 = 0.0%
    Amounts payable within one year 42/48 €2,261 €1,825 -€436 -19.3%
    Financial debts 43 €0 - =
    Credit institutions 430/8 €0 - =
    Trade debts 44 €1,387 €951 -€436 -31.4%
    Suppliers 440/4 €1,387 €951 -€436 -31.4%
    Other amounts payable 47/48 €873 €873 = 0.0%
    Accrued charges and deferred income 492/3 €502,969 €502,969 = 0.0%
    Other operating charges 640/8 - €842 +€842
    Gross operating margin 9900 -€1,387 -€2,612 -€1,225 -88.3%
    Operating profit (loss) 9901 -€1,387 -€3,454 -€2,067 -149.0%
    Financial charges 65/66B €309 €231 -€79 -25.4%
    Recurring financial charges 65 €309 €231 -€79 -25.4%
    Profit (loss) for the period before taxes 9903 -€1,696 -€3,685 -€1,988 -117.2%
    Profit (loss) for the period 9904 -€1,696 -€3,685 -€1,988 -117.2%
    Profit (loss) for the period to be appropriated 9905 -€1,696 -€3,685 -€1,988 -117.2%

    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 29 September 2026 via checked.be.