Azamour: 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.
Azamour
Largest movements
- Receivables within one year -€167,675
down €167,675 (-56.9%), from €294,599 to €126,923
of which Other amounts receivable: -€149,387
- Stocks and contracts +€108,744
new in 2023: €108,744
- Tangible fixed assets +€47,277
up €47,277 (+786%), from €6,014 to €53,292
of which Furniture and vehicles: +€47,624
- Deferred charges and accrued income +€17,594
up €17,594 (+1,277%), from €1,377 to €18,971
- Trade debts -€92,747
down €92,747 (-84.4%), from €109,885 to €17,138
- Short-term financial debts +€62,384
new in 2023: €62,384
- Debts after one year +€22,129
new in 2023: €22,129
- Current portion of long-term debt +€10,742
new in 2023: €10,742
- Gross operating margin -€105,852
down €105,852 (-48.6%), from €217,964 to €112,112
- Taxes -€29,321
down €29,321 (-91.6%), from €32,000 to €2,679
- Depreciation +€24,028
up €24,028 (+3,458%), from €695 to €24,723
- Financial income -€8,937
down €8,937 (-100.0%), from €8,937 to €0
- Staff costs -€7,727
down €7,727 (-8.6%), from €89,905 to €82,178
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,487 | €344,305 | +€5,819 | +1.7% |
| Fixed assets | 21/28 | €6,289 | €53,567 | +€47,277 | +752% |
| Tangible fixed assets | 22/27 | €6,014 | €53,292 | +€47,277 | +786% |
| Furniture and vehicles | 24 | €3,263 | €50,887 | +€47,624 | +1,459% |
| Other tangible fixed assets | 26 | €2,751 | €2,404 | -€347 | -12.6% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €332,197 | €290,739 | -€41,458 | -12.5% |
| Amounts receivable after more than one year | 29 | €36,100 | €36,100 | = | 0.0% |
| Other amounts receivable | 291 | €36,100 | €36,100 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €108,744 | +€108,744 | |
| Stocks | 30/36 | - | €108,744 | +€108,744 | |
| Amounts receivable within one year | 40/41 | €294,599 | €126,923 | -€167,675 | -56.9% |
| Trade receivables | 40 | €110,838 | €92,549 | -€18,289 | -16.5% |
| Other amounts receivable | 41 | €183,761 | €34,374 | -€149,387 | -81.3% |
| Cash at bank and in hand | 54/58 | €121 | - | -€121 | |
| Deferred charges and accrued income | 490/1 | €1,377 | €18,971 | +€17,594 | +1,277% |
| Total equity and liabilities | 10/49 | €338,487 | €344,305 | +€5,819 | +1.7% |
| Equity | 10/15 | €170,686 | €171,663 | +€977 | +0.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €165,686 | €166,663 | +€977 | +0.6% |
| Distributable reserves | 133 | €165,686 | €166,663 | +€977 | +0.6% |
| Amounts payable | 17/49 | €167,800 | €172,642 | +€4,842 | +2.9% |
| Amounts payable after more than one year | 17 | - | €22,129 | +€22,129 | |
| Financial debts | 170/4 | - | €22,129 | +€22,129 | |
| Amounts payable within one year | 42/48 | €167,800 | €150,513 | -€17,287 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | - | €10,742 | +€10,742 | |
| Financial debts | 43 | - | €62,384 | +€62,384 | |
| Credit institutions | 430/8 | - | €62,384 | +€62,384 | |
| Trade debts | 44 | €109,885 | €17,138 | -€92,747 | -84.4% |
| Suppliers | 440/4 | €109,885 | €17,138 | -€92,747 | -84.4% |
| Taxes, remuneration and social security | 45 | €57,896 | €60,250 | +€2,354 | +4.1% |
| Taxes | 450/3 | €57,896 | €55,204 | -€2,692 | -4.6% |
| Remuneration and social security | 454/9 | - | €5,046 | +€5,046 | |
| Other amounts payable | 47/48 | €20 | - | -€20 | |
| Remuneration, social security and pensions | 62 | €89,905 | €82,178 | -€7,727 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €24,723 | +€24,028 | +3,458% |
| Other operating charges | 640/8 | €2,580 | €546 | -€2,034 | -78.8% |
| Gross operating margin | 9900 | €217,964 | €112,112 | -€105,852 | -48.6% |
| Operating profit (loss) | 9901 | €124,785 | €4,665 | -€120,119 | -96.3% |
| Financial income | 75/76B | €8,937 | €0 | -€8,937 | -100.0% |
| Recurring financial income | 75 | €8,937 | €0 | -€8,937 | -100.0% |
| Financial charges | 65/66B | €90 | €1,009 | +€919 | +1,023% |
| Recurring financial charges | 65 | €90 | €1,009 | +€919 | +1,023% |
| Profit (loss) for the period before taxes | 9903 | €133,631 | €3,656 | -€129,975 | -97.3% |
| Income taxes | 67/77 | €32,000 | €2,679 | -€29,321 | -91.6% |
| Profit (loss) for the period | 9904 | €101,631 | €977 | -€100,654 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,631 | €977 | -€100,654 | -99.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.