AZALYS: 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.
AZALYS
Largest movements
- Cash -€3,880
down €3,880 (-82.4%), from €4,711 to €831
- Other debts -€3,880
down €3,880 (-7.4%), from €52,135 to €48,255
- Purchases and services -€2.9m
no longer reported in 2022 (was €2.9m)
- Turnover -€291,960
no longer reported in 2022 (was €291,960)
- Staff costs -€14,756
no longer reported in 2022 (was €14,756)
From the 2020 result to the 2022 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,830 | €12,950 | -€3,880 | -23.1% |
| Fixed assets | 21/28 | €7,170 | €7,170 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Financial fixed assets | 28 | €7,170 | €7,170 | = | 0.0% |
| Current assets | 29/58 | €9,660 | €5,780 | -€3,880 | -40.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,950 | €4,950 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,950 | €4,950 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,711 | €831 | -€3,880 | -82.4% |
| Total equity and liabilities | 10/49 | €16,830 | €12,950 | -€3,880 | -23.1% |
| Equity | 10/15 | -€42,729 | -€42,729 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,329 | -€61,329 | = | 0.0% |
| Amounts payable | 17/49 | €59,559 | €55,679 | -€3,880 | -6.5% |
| Amounts payable within one year | 42/48 | €59,559 | €55,679 | -€3,880 | -6.5% |
| Trade debts | 44 | €4,371 | €4,371 | = | 0.0% |
| Suppliers | 440/4 | €4,371 | €4,371 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,053 | €3,053 | = | 0.0% |
| Taxes | 450/3 | €3,053 | €3,053 | = | 0.0% |
| Other amounts payable | 47/48 | €52,135 | €48,255 | -€3,880 | -7.4% |
| Turnover | 70 | €291,960 | - | -€291,960 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,933,751 | - | -€2.9m | |
| Remuneration, social security and pensions | 62 | €14,756 | - | -€14,756 | |
| Other operating charges | 640/8 | €335 | - | -€335 | |
| Gross operating margin | 9900 | -€1,791 | - | +€1,791 | |
| Operating profit (loss) | 9901 | -€16,882 | - | +€16,882 | |
| Financial charges | 65/66B | €170 | - | -€170 | |
| Recurring financial charges | 65 | €170 | - | -€170 | |
| Profit (loss) for the period before taxes | 9903 | -€17,051 | - | +€17,051 | |
| Profit (loss) for the period | 9904 | -€17,051 | - | +€17,051 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,051 | - | +€17,051 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.