AZITO: 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.
AZITO
Largest movements
- Cash +€41,283
up €41,283 (+49.2%), from €83,825 to €125,108
mainly Net result for the year (+€105,423) and Other debts (+€36,142)
- Receivables within one year -€5,718
down €5,718 (-20.8%), from €27,480 to €21,762
of which Other amounts receivable: -€11,845
- Tangible fixed assets -€3,167
down €3,167 (-62.0%), from €5,107 to €1,940
of which Furniture and vehicles: -€2,075
- Other debts +€36,142
up €36,142 (+102%), from €35,607 to €71,749
- Profit (loss) carried forward -€20,997
down €20,997 (-37.2%), from €56,420 to €35,423
- Tax, wage and social debts +€15,402
up €15,402 (+395%), from €3,900 to €19,302
- Gross operating margin +€75,532
up €75,532 (+103%), from €73,631 to €149,163
- Taxes +€37,188
up €37,188 (+4,723%), from €787 to €37,975
- Depreciation -€2,177
down €2,177 (-36.8%), from €5,919 to €3,742
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.
Derived cash bridge
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 | €120,181 | €150,758 | +€30,577 | +25.4% |
| Fixed assets | 21/28 | €7,285 | €3,543 | -€3,742 | -51.4% |
| Intangible fixed assets | 21 | €2,178 | €1,603 | -€575 | -26.4% |
| Tangible fixed assets | 22/27 | €5,107 | €1,940 | -€3,167 | -62.0% |
| Land and buildings | 22 | €1,421 | €329 | -€1,092 | -76.8% |
| Furniture and vehicles | 24 | €3,686 | €1,611 | -€2,075 | -56.3% |
| Current assets | 29/58 | €112,895 | €147,214 | +€34,319 | +30.4% |
| Amounts receivable within one year | 40/41 | €27,480 | €21,762 | -€5,718 | -20.8% |
| Trade receivables | 40 | €15,635 | €21,762 | +€6,127 | +39.2% |
| Other amounts receivable | 41 | €11,845 | - | -€11,845 | |
| Cash at bank and in hand | 54/58 | €83,825 | €125,108 | +€41,283 | +49.2% |
| Deferred charges and accrued income | 490/1 | €1,591 | €344 | -€1,246 | -78.3% |
| Total equity and liabilities | 10/49 | €120,181 | €150,758 | +€30,577 | +25.4% |
| Equity | 10/15 | €76,880 | €55,883 | -€20,997 | -27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,420 | €35,423 | -€20,997 | -37.2% |
| Amounts payable | 17/49 | €43,301 | €94,875 | +€51,574 | +119% |
| Amounts payable within one year | 42/48 | €41,883 | €93,673 | +€51,790 | +124% |
| Trade debts | 44 | €2,376 | €2,623 | +€247 | +10.4% |
| Suppliers | 440/4 | €2,376 | €2,623 | +€247 | +10.4% |
| Taxes, remuneration and social security | 45 | €3,900 | €19,302 | +€15,402 | +395% |
| Taxes | 450/3 | €3,900 | €19,302 | +€15,402 | +395% |
| Other amounts payable | 47/48 | €35,607 | €71,749 | +€36,142 | +102% |
| Accrued charges and deferred income | 492/3 | €1,418 | €1,202 | -€216 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,919 | €3,742 | -€2,177 | -36.8% |
| Other operating charges | 640/8 | €1,430 | €1,724 | +€294 | +20.6% |
| Gross operating margin | 9900 | €73,631 | €149,163 | +€75,532 | +103% |
| Operating profit (loss) | 9901 | €66,283 | €143,697 | +€77,414 | +117% |
| Financial charges | 65/66B | €420 | €299 | -€121 | -28.9% |
| Recurring financial charges | 65 | €420 | €299 | -€121 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €65,863 | €143,398 | +€77,535 | +118% |
| Income taxes | 67/77 | €787 | €37,975 | +€37,188 | +4,723% |
| Profit (loss) for the period | 9904 | €65,076 | €105,423 | +€40,347 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,076 | €105,423 | +€40,347 | +62.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.