AZERPON: 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.
AZERPON
Largest movements
- Cash -€160,439
down €160,439 (-46.1%), from €348,266 to €187,828
mainly Other debts (-€144,741) and Contributions, distributions and other (-€106,966)
- Receivables within one year -€10,790
down €10,790 (-68.0%), from €15,859 to €5,068
of which Trade receivables: -€14,288
- Other debts -€144,741
down €144,741 (-45.7%), from €316,669 to €171,927
- Tax, wage and social debts -€25,958
down €25,958 (-86.8%), from €29,894 to €3,937
of which Taxes: -€25,958
- Turnover -€302,554
no longer reported in 2025 (was €302,554)
- Purchases and services -€107,105
no longer reported in 2025 (was €107,105)
- Gross operating margin -€57,054
down €57,054 (-28.8%), from €197,979 to €140,926
- Taxes -€16,466
down €16,466 (-36.2%), from €45,549 to €29,082
- Financial income -€6,736
down €6,736 (-92.8%), from €7,258 to €522
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 | €367,333 | €194,467 | -€172,866 | -47.1% |
| Fixed assets | 21/28 | €3,208 | €1,571 | -€1,637 | -51.0% |
| Tangible fixed assets | 22/27 | €3,208 | €1,571 | -€1,637 | -51.0% |
| Furniture and vehicles | 24 | €3,208 | €1,571 | -€1,637 | -51.0% |
| Current assets | 29/58 | €364,125 | €192,896 | -€171,229 | -47.0% |
| Amounts receivable within one year | 40/41 | €15,859 | €5,068 | -€10,790 | -68.0% |
| Trade receivables | 40 | €14,288 | €0 | -€14,288 | -100.0% |
| Other amounts receivable | 41 | €1,570 | €5,068 | +€3,498 | +222.7% |
| Cash at bank and in hand | 54/58 | €348,266 | €187,828 | -€160,439 | -46.1% |
| Total equity and liabilities | 10/49 | €367,333 | €194,467 | -€172,866 | -47.1% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €348,733 | €175,867 | -€172,866 | -49.6% |
| Amounts payable within one year | 42/48 | €347,714 | €175,867 | -€171,847 | -49.4% |
| Trade debts | 44 | €1,151 | €3 | -€1,148 | -99.7% |
| Suppliers | 440/4 | €1,151 | €3 | -€1,148 | -99.7% |
| Taxes, remuneration and social security | 45 | €29,894 | €3,937 | -€25,958 | -86.8% |
| Taxes | 450/3 | €29,894 | €3,937 | -€25,958 | -86.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €316,669 | €171,927 | -€144,741 | -45.7% |
| Accrued charges and deferred income | 492/3 | €1,020 | €0 | -€1,020 | -100.0% |
| Turnover | 70 | €302,554 | - | -€302,554 | |
| Goods, raw materials, services and sundry goods | 60/61 | €107,105 | - | -€107,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,995 | €1,637 | -€358 | -17.9% |
| Other operating charges | 640/8 | €440 | €220 | -€220 | -50.0% |
| Non-recurring operating charges | 66A | €4,574 | - | -€4,574 | |
| Gross operating margin | 9900 | €197,979 | €140,926 | -€57,054 | -28.8% |
| Operating profit (loss) | 9901 | €190,971 | €139,069 | -€51,902 | -27.2% |
| Financial income | 75/76B | €7,258 | €522 | -€6,736 | -92.8% |
| Recurring financial income | 75 | €7,258 | €522 | -€6,736 | -92.8% |
| Financial charges | 65/66B | €3,382 | €3,542 | +€160 | +4.7% |
| Recurring financial charges | 65 | €3,382 | €3,542 | +€160 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €194,847 | €136,048 | -€58,798 | -30.2% |
| Income taxes | 67/77 | €45,549 | €29,082 | -€16,466 | -36.2% |
| Profit (loss) for the period | 9904 | €149,298 | €106,966 | -€42,332 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €149,298 | €106,966 | -€42,332 | -28.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.