AZFROID SERVICES: 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.
AZFROID SERVICES
Largest movements
- Cash -€5,209
down €5,209 (-75.1%), from €6,940 to €1,731
mainly Other debts (-€4,856) and Current portion of long-term debt (-€3,250)
- Receivables within one year +€393
up €393 (+1.7%), from €23,691 to €24,084
of which Trade receivables: +€9,966
- Other debts -€4,856
no longer reported in 2023 (was €4,856)
- Trade debts +€3,950
up €3,950 (+242%), from €1,634 to €5,584
- Current portion of long-term debt -€3,250
no longer reported in 2023 (was €3,250)
- Profit (loss) carried forward -€813
down €813 (-10.4%), from €7,839 to €7,026
- Turnover -€33,650
no longer reported in 2023 (was €33,650)
- Purchases and services -€30,134
no longer reported in 2023 (was €30,134)
- Gross operating margin -€4,649
down €4,649, from €3,516 to -€1,133
- Taxes -€1,701
no longer reported in 2023 (was €1,701)
- Financial income +€753
new in 2023: €753
of which Financial income: +€682
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 | €30,894 | €25,926 | -€4,968 | -16.1% |
| Fixed assets | 21/28 | €263 | €111 | -€152 | -57.7% |
| Tangible fixed assets | 22/27 | €263 | €111 | -€152 | -57.7% |
| Furniture and vehicles | 24 | €263 | €111 | -€152 | -57.7% |
| Current assets | 29/58 | €30,631 | €25,814 | -€4,817 | -15.7% |
| Amounts receivable within one year | 40/41 | €23,691 | €24,084 | +€393 | +1.7% |
| Trade receivables | 40 | €600 | €10,566 | +€9,966 | +1,661% |
| Other amounts receivable | 41 | €23,091 | €13,517 | -€9,574 | -41.5% |
| Cash at bank and in hand | 54/58 | €6,940 | €1,731 | -€5,209 | -75.1% |
| Total equity and liabilities | 10/49 | €30,894 | €25,926 | -€4,968 | -16.1% |
| Equity | 10/15 | €20,460 | €19,648 | -€812 | -4.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €221 | €221 | +€0 | +0.1% |
| Non-distributable reserves | 130/1 | €221 | €221 | +€0 | +0.1% |
| Legal reserve | 130 | €54 | - | -€54 | |
| Reserves not available under the articles | 1311 | €167 | €221 | +€54 | +32.4% |
| Profit (loss) carried forward | 14 | €7,839 | €7,026 | -€813 | -10.4% |
| Amounts payable | 17/49 | €10,434 | €6,278 | -€4,156 | -39.8% |
| Amounts payable within one year | 42/48 | €10,434 | €6,278 | -€4,156 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €3,250 | - | -€3,250 | |
| Trade debts | 44 | €1,634 | €5,584 | +€3,950 | +242% |
| Suppliers | 440/4 | €1,634 | €5,584 | +€3,950 | +242% |
| Taxes, remuneration and social security | 45 | €694 | €694 | = | 0.0% |
| Taxes | 450/3 | €694 | €694 | = | 0.0% |
| Other amounts payable | 47/48 | €4,856 | - | -€4,856 | |
| Turnover | 70 | €33,650 | - | -€33,650 | |
| Goods, raw materials, services and sundry goods | 60/61 | €30,134 | - | -€30,134 | |
| Remuneration, social security and pensions | 62 | €160 | - | -€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €152 | -€0 | -0.1% |
| Gross operating margin | 9900 | €3,516 | -€1,133 | -€4,649 | |
| Operating profit (loss) | 9901 | €3,204 | -€1,285 | -€4,489 | |
| Financial income | 75/76B | - | €753 | +€753 | |
| Recurring financial income | 75 | - | €682 | +€682 | |
| Non-recurring financial income | 76B | - | €71 | +€71 | |
| Financial charges | 65/66B | €429 | €280 | -€149 | -34.7% |
| Recurring financial charges | 65 | €429 | €280 | -€149 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €2,775 | -€812 | -€3,587 | |
| Income taxes | 67/77 | €1,701 | - | -€1,701 | |
| Profit (loss) for the period | 9904 | €1,074 | -€812 | -€1,886 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,074 | -€812 | -€1,886 |
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 22 October 2026 via checked.be.