AZOR: 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.
AZOR
Largest movements
- Receivables within one year -€5,404
down €5,404 (-1.5%), from €352,305 to €346,901
of which Other amounts receivable: -€3,850
- Profit (loss) carried forward -€13,231
down €13,231 (-6.6%), from -€201,464 to -€214,694
- Financial charges +€3,377
up €3,377 (+2370.3%), from €142 to €3,519
- Gross operating margin -€1,301
down €1,301 (-17.5%), from -€7,440 to -€8,741
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.
Cash bridge derived
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 | €365,117 | €357,133 | -€7,984 | -2.2% |
| Fixed assets | 21/28 | €10,443 | €9,595 | -€847 | -8.1% |
| Intangible fixed assets | 21 | €1,146 | €592 | -€554 | -48.4% |
| Tangible fixed assets | 22/27 | €2,337 | €2,044 | -€293 | -12.6% |
| Furniture and vehicles | 24 | €2,337 | €2,044 | -€293 | -12.6% |
| Financial fixed assets | 28 | €6,960 | €6,960 | = | 0.0% |
| Current assets | 29/58 | €354,674 | €347,538 | -€7,137 | -2.0% |
| Amounts receivable within one year | 40/41 | €352,305 | €346,901 | -€5,404 | -1.5% |
| Trade receivables | 40 | €327,848 | €326,293 | -€1,555 | -0.5% |
| Other amounts receivable | 41 | €24,457 | €20,607 | -€3,850 | -15.7% |
| Cash at bank and in hand | 54/58 | €2,317 | €637 | -€1,680 | -72.5% |
| Deferred charges and accrued income | 490/1 | €52 | - | -€52 | |
| Total equity and liabilities | 10/49 | €365,117 | €357,133 | -€7,984 | -2.2% |
| Equity | 10/15 | €147,069 | €133,839 | -€13,231 | -9.0% |
| Contributions | 10/11 | €326,228 | €326,228 | = | 0.0% |
| Capital | 10 | €326,228 | €326,228 | = | 0.0% |
| Issued capital | 100 | €326,228 | €326,228 | = | 0.0% |
| Reserves | 13 | €22,305 | €22,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,305 | €22,305 | = | 0.0% |
| Legal reserve | 130 | €22,305 | €22,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,464 | -€214,694 | -€13,231 | -6.6% |
| Amounts payable | 17/49 | €218,048 | €223,294 | +€5,247 | +2.4% |
| Amounts payable within one year | 42/48 | €218,048 | €223,294 | +€5,247 | +2.4% |
| Trade debts | 44 | €12,898 | €14,637 | +€1,739 | +13.5% |
| Suppliers | 440/4 | €12,898 | €14,637 | +€1,739 | +13.5% |
| Taxes, remuneration and social security | 45 | - | €387 | +€387 | |
| Taxes | 450/3 | - | €387 | +€387 | |
| Other amounts payable | 47/48 | €205,150 | €208,270 | +€3,120 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €848 | €847 | -€1 | -0.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€7,440 | -€8,741 | -€1,301 | -17.5% |
| Operating profit (loss) | 9901 | -€8,673 | -€9,976 | -€1,303 | -15.0% |
| Financial income | 75/76B | €323 | €265 | -€58 | -17.9% |
| Recurring financial income | 75 | €323 | €265 | -€58 | -17.9% |
| Financial charges | 65/66B | €142 | €3,519 | +€3,377 | +2370.3% |
| Recurring financial charges | 65 | €142 | €3,519 | +€3,377 | +2370.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,493 | -€13,231 | -€4,738 | -55.8% |
| Profit (loss) for the period | 9904 | -€8,493 | -€13,231 | -€4,738 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,493 | -€13,231 | -€4,738 | -55.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.