AZENCLOUD: 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.
AZENCLOUD
Largest movements
- Receivables within one year +€13,254
up €13,254 (+275.9%), from €4,804 to €18,058
of which Trade receivables: +€11,902
- Cash +€11,229
up €11,229 (+24.9%), from €45,062 to €56,291
mainly Net result for the year (+€18,936) and Depreciation (+€9,149)
- Tangible fixed assets -€6,410
down €6,410 (-43.0%), from €14,898 to €8,488
of which Furniture and vehicles: -€6,221
- Profit (loss) carried forward +€18,936
up €18,936 (+34.4%), from €54,997 to €73,934
- Gross operating margin -€11,005
down €11,005 (-23.5%), from €46,922 to €35,917
- Other operating charges -€3,016
down €3,016 (-72.5%), from €4,159 to €1,143
- Taxes -€2,300
down €2,300 (-25.7%), from €8,948 to €6,648
- Depreciation +€1,885
up €1,885 (+25.9%), from €7,264 to €9,149
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.
Cash bridge derived
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 | €66,618 | €84,657 | +€18,038 | +27.1% |
| Fixed assets | 21/28 | €15,261 | €8,851 | -€6,410 | -42.0% |
| Tangible fixed assets | 22/27 | €14,898 | €8,488 | -€6,410 | -43.0% |
| Plant, machinery and equipment | 23 | €312 | €124 | -€188 | -60.2% |
| Furniture and vehicles | 24 | €14,585 | €8,364 | -€6,221 | -42.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €51,358 | €75,806 | +€24,448 | +47.6% |
| Amounts receivable within one year | 40/41 | €4,804 | €18,058 | +€13,254 | +275.9% |
| Trade receivables | 40 | €752 | €12,654 | +€11,902 | +1582.7% |
| Other amounts receivable | 41 | €4,052 | €5,404 | +€1,352 | +33.4% |
| Cash at bank and in hand | 54/58 | €45,062 | €56,291 | +€11,229 | +24.9% |
| Deferred charges and accrued income | 490/1 | €1,491 | €1,456 | -€35 | -2.3% |
| Total equity and liabilities | 10/49 | €66,618 | €84,657 | +€18,038 | +27.1% |
| Equity | 10/15 | €57,997 | €76,934 | +€18,936 | +32.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,997 | €73,934 | +€18,936 | +34.4% |
| Amounts payable | 17/49 | €8,621 | €7,723 | -€898 | -10.4% |
| Amounts payable within one year | 42/48 | €8,621 | €7,723 | -€898 | -10.4% |
| Trade debts | 44 | €493 | €84 | -€409 | -83.0% |
| Suppliers | 440/4 | €493 | €84 | -€409 | -83.0% |
| Taxes, remuneration and social security | 45 | €8,128 | €7,639 | -€488 | -6.0% |
| Taxes | 450/3 | €8,128 | €5,639 | -€2,488 | -30.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,264 | €9,149 | +€1,885 | +25.9% |
| Other operating charges | 640/8 | €4,159 | €1,143 | -€3,016 | -72.5% |
| Gross operating margin | 9900 | €46,922 | €35,917 | -€11,005 | -23.5% |
| Operating profit (loss) | 9901 | €35,499 | €25,624 | -€9,875 | -27.8% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €44 | €43 | -€1 | -1.3% |
| Recurring financial charges | 65 | €44 | €43 | -€1 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €35,455 | €25,584 | -€9,871 | -27.8% |
| Income taxes | 67/77 | €8,948 | €6,648 | -€2,300 | -25.7% |
| Profit (loss) for the period | 9904 | €26,508 | €18,936 | -€7,571 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,508 | €18,936 | -€7,571 | -28.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.