AZM CONSULTING: 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.
AZM CONSULTING
Largest movements
- Cash -€36,766
down €36,766 (-33.9%), from €108,521 to €71,756
mainly Contributions, distributions and other (-€35,294) and Other debts (-€7,230)
- Receivables within one year -€6,717
down €6,717 (-18.9%), from €35,609 to €28,892
of which Trade receivables: -€13,766
- Deferred charges and accrued income -€5,000
down €5,000 (-40.0%), from €12,500 to €7,500
- Tangible fixed assets -€4,415
down €4,415 (-33.8%), from €13,069 to €8,654
of which Furniture and vehicles: -€3,953
- Reserves -€41,733
down €41,733 (-32.7%), from €127,617 to €85,883
- Other debts -€7,230
no longer reported in 2025 (was €7,230)
- Trade debts -€2,959
down €2,959 (-45.1%), from €6,564 to €3,605
- Gross operating margin -€16,645
down €16,645 (-76.1%), from €21,877 to €5,231
- Other operating charges -€5,719
down €5,719 (-85.4%), from €6,699 to €980
- Taxes -€1,362
down €1,362 (-35.7%), from €3,813 to €2,451
- Financial charges +€612
up €612 (+69.2%), from €884 to €1,496
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 | €169,699 | €116,802 | -€52,897 | -31.2% |
| Fixed assets | 21/28 | €13,069 | €8,654 | -€4,415 | -33.8% |
| Tangible fixed assets | 22/27 | €13,069 | €8,654 | -€4,415 | -33.8% |
| Plant, machinery and equipment | 23 | €3,191 | €2,730 | -€461 | -14.5% |
| Furniture and vehicles | 24 | €9,878 | €5,924 | -€3,953 | -40.0% |
| Current assets | 29/58 | €156,630 | €108,148 | -€48,483 | -31.0% |
| Amounts receivable within one year | 40/41 | €35,609 | €28,892 | -€6,717 | -18.9% |
| Trade receivables | 40 | €35,609 | €21,843 | -€13,766 | -38.7% |
| Other amounts receivable | 41 | - | €7,049 | +€7,049 | |
| Cash at bank and in hand | 54/58 | €108,521 | €71,756 | -€36,766 | -33.9% |
| Deferred charges and accrued income | 490/1 | €12,500 | €7,500 | -€5,000 | -40.0% |
| Total equity and liabilities | 10/49 | €169,699 | €116,802 | -€52,897 | -31.2% |
| Equity | 10/15 | €132,617 | €90,883 | -€41,733 | -31.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €127,617 | €85,883 | -€41,733 | -32.7% |
| Distributable reserves | 133 | €127,617 | €85,883 | -€41,733 | -32.7% |
| Amounts payable | 17/49 | €37,083 | €25,919 | -€11,164 | -30.1% |
| Amounts payable within one year | 42/48 | €37,083 | €25,919 | -€11,164 | -30.1% |
| Trade debts | 44 | €6,564 | €3,605 | -€2,959 | -45.1% |
| Suppliers | 440/4 | €6,564 | €3,605 | -€2,959 | -45.1% |
| Taxes, remuneration and social security | 45 | €23,288 | €22,314 | -€975 | -4.2% |
| Taxes | 450/3 | €17,327 | €16,352 | -€975 | -5.6% |
| Remuneration and social security | 454/9 | €5,961 | €5,961 | = | 0.0% |
| Other amounts payable | 47/48 | €7,230 | - | -€7,230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,700 | €6,743 | +€43 | +0.6% |
| Other operating charges | 640/8 | €6,699 | €980 | -€5,719 | -85.4% |
| Gross operating margin | 9900 | €21,877 | €5,231 | -€16,645 | -76.1% |
| Operating profit (loss) | 9901 | €8,478 | -€2,491 | -€10,969 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €884 | €1,496 | +€612 | +69.2% |
| Recurring financial charges | 65 | €884 | €1,496 | +€612 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | €7,595 | -€3,988 | -€11,583 | |
| Income taxes | 67/77 | €3,813 | €2,451 | -€1,362 | -35.7% |
| Profit (loss) for the period | 9904 | €3,782 | -€6,439 | -€10,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,782 | -€6,439 | -€10,222 |
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 27 October 2026 via checked.be.