AZIMA: 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.
AZIMA
Largest movements
- Cash -€11,788
down €11,788 (-39.0%), from €30,265 to €18,477
mainly Net result for the year (-€9,602) and Receivables within one year (-€5,100)
- Receivables within one year +€5,100
up €5,100 (+50.0%), from €10,197 to €15,297
- Deferred charges and accrued income -€848
down €848 (-48.5%), from €1,748 to €900
- Profit (loss) carried forward -€9,602
down €9,602 (-93.0%), from -€10,328 to -€19,930
- Tax, wage and social debts +€1,407
up €1,407 (+25.0%), from €5,639 to €7,047
of which Remuneration and social security: +€1,359
- Trade debts +€768
up €768 (+10.4%), from €7,395 to €8,164
- Gross operating margin +€19,985
up €19,985 (+147.7%), from €13,528 to €33,513
- Staff costs +€18,772
up €18,772 (+81.1%), from €23,139 to €41,911
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.
Cash bridge derived
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 | €44,371 | €36,945 | -€7,426 | -16.7% |
| Current assets | 29/58 | €44,371 | €36,945 | -€7,426 | -16.7% |
| Stocks and contracts in progress | 3 | €2,160 | €2,271 | +€110 | +5.1% |
| Stocks | 30/36 | €2,160 | €2,271 | +€110 | +5.1% |
| Amounts receivable within one year | 40/41 | €10,197 | €15,297 | +€5,100 | +50.0% |
| Other amounts receivable | 41 | €10,197 | €15,297 | +€5,100 | +50.0% |
| Cash at bank and in hand | 54/58 | €30,265 | €18,477 | -€11,788 | -39.0% |
| Deferred charges and accrued income | 490/1 | €1,748 | €900 | -€848 | -48.5% |
| Total equity and liabilities | 10/49 | €44,371 | €36,945 | -€7,426 | -16.7% |
| Equity | 10/15 | €31,336 | €21,734 | -€9,602 | -30.6% |
| Contributions | 10/11 | €37,166 | €37,166 | = | 0.0% |
| Capital | 10 | €37,166 | €37,166 | = | 0.0% |
| Issued capital | 100 | €37,166 | €37,166 | = | 0.0% |
| Reserves | 13 | €4,499 | €4,499 | = | 0.0% |
| Non-distributable reserves | 130/1 | €225 | €225 | = | 0.0% |
| Legal reserve | 130 | €225 | €225 | = | 0.0% |
| Distributable reserves | 133 | €4,274 | €4,274 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,328 | -€19,930 | -€9,602 | -93.0% |
| Amounts payable | 17/49 | €13,035 | €15,210 | +€2,176 | +16.7% |
| Amounts payable within one year | 42/48 | €13,035 | €15,210 | +€2,176 | +16.7% |
| Trade debts | 44 | €7,395 | €8,164 | +€768 | +10.4% |
| Suppliers | 440/4 | €7,395 | €8,164 | +€768 | +10.4% |
| Taxes, remuneration and social security | 45 | €5,639 | €7,047 | +€1,407 | +25.0% |
| Taxes | 450/3 | €1,575 | €1,624 | +€49 | +3.1% |
| Remuneration and social security | 454/9 | €4,064 | €5,422 | +€1,359 | +33.4% |
| Non-recurring operating income | 76A | €5,133 | €0 | -€5,132 | -100.0% |
| Remuneration, social security and pensions | 62 | €23,139 | €41,911 | +€18,772 | +81.1% |
| Other operating charges | 640/8 | €480 | €805 | +€325 | +67.8% |
| Non-recurring operating charges | 66A | €1 | €4 | +€3 | +534.9% |
| Gross operating margin | 9900 | €13,528 | €33,513 | +€19,985 | +147.7% |
| Operating profit (loss) | 9901 | -€10,091 | -€9,207 | +€884 | +8.8% |
| Financial charges | 65/66B | €284 | €394 | +€110 | +38.7% |
| Recurring financial charges | 65 | €284 | €394 | +€110 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,376 | -€9,602 | +€774 | +7.5% |
| Income taxes | 67/77 | -€48 | - | +€48 | |
| Profit (loss) for the period | 9904 | -€10,328 | -€9,602 | +€726 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,328 | -€9,602 | +€726 | +7.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.