AZIMUTH: 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.
AZIMUTH
Largest movements
- Receivables within one year +€982
up €982 (+245,405%), from €0 to €982
of which Other amounts receivable: +€982
- Cash +€24
up €24 (+79.5%), from €31 to €55
mainly Other debts (+€1,240) and Trade debts (+€225)
- Other debts +€1,240
up €1,240 (+0.4%), from €303,803 to €305,043
- Profit (loss) carried forward -€459
down €459 (-0.1%), from -€800,243 to -€800,702
- Trade debts +€225
up €225 (+32.9%), from €684 to €909
- Gross operating margin +€470
up €470, from -€470 to €0
- Purchases and services -€470
no longer reported in 2024 (was €470)
- Other operating charges +€390
new in 2024: €390
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31 | €1,037 | +€1,006 | +3,226% |
| Current assets | 29/58 | €31 | €1,037 | +€1,006 | +3,226% |
| Amounts receivable within one year | 40/41 | €0 | €982 | +€982 | +245,405% |
| Trade receivables | 40 | €0 | €0 | = | 0.0% |
| Other amounts receivable | 41 | - | €982 | +€982 | |
| Cash at bank and in hand | 54/58 | €31 | €55 | +€24 | +79.5% |
| Total equity and liabilities | 10/49 | €31 | €1,037 | +€1,006 | +3,226% |
| Equity | 10/15 | -€304,456 | -€304,915 | -€459 | -0.2% |
| Contributions | 10/11 | €495,787 | €495,787 | = | 0.0% |
| Capital | 10 | €495,787 | €495,787 | = | 0.0% |
| Issued capital | 100 | €495,787 | €495,787 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€800,243 | -€800,702 | -€459 | -0.1% |
| Amounts payable | 17/49 | €304,487 | €305,952 | +€1,465 | +0.5% |
| Amounts payable within one year | 42/48 | €304,487 | €305,952 | +€1,465 | +0.5% |
| Trade debts | 44 | €684 | €909 | +€225 | +32.9% |
| Suppliers | 440/4 | €684 | €909 | +€225 | +32.9% |
| Other amounts payable | 47/48 | €303,803 | €305,043 | +€1,240 | +0.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €470 | - | -€470 | |
| Other operating charges | 640/8 | - | €390 | +€390 | |
| Gross operating margin | 9900 | -€470 | €0 | +€470 | |
| Operating profit (loss) | 9901 | -€470 | -€390 | +€80 | +17.0% |
| Financial charges | 65/66B | €70 | €69 | -€1 | -1.3% |
| Recurring financial charges | 65 | €70 | €69 | -€1 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€540 | -€459 | +€81 | +15.0% |
| Profit (loss) for the period | 9904 | -€540 | -€459 | +€81 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€540 | -€459 | +€81 | +15.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.