AZR CONSULT: 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.
AZR CONSULT
Largest movements
- Tangible fixed assets -€7,535
down €7,535 (-45.7%), from €16,482 to €8,947
- Receivables within one year +€5,866
up €5,866 (+743%), from €789 to €6,655
of which Trade receivables: +€5,869
- Cash +€1,618
up €1,618 (+324%), from €500 to €2,118
mainly Depreciation (+€7,535) and Tax, wage and social debts (+€6,791)
- Profit (loss) carried forward -€13,451
down €13,451, from €7,625 to -€5,825
- Tax, wage and social debts +€6,791
up €6,791 (+144%), from €4,716 to €11,507
of which Remuneration and social security: +€5,938
- Other debts +€6,471
up €6,471 (+4,044,606%), from €0 to €6,472
- Staff costs +€15,807
up €15,807 (+77.5%), from €20,401 to €36,208
- Gross operating margin -€5,647
down €5,647 (-15.5%), from €36,393 to €30,746
- Taxes -€800
no longer reported in 2025 (was €800)
- Depreciation +€401
up €401 (+5.6%), from €7,134 to €7,535
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 | €17,771 | €17,721 | -€50 | -0.3% |
| Fixed assets | 21/28 | €16,482 | €8,947 | -€7,535 | -45.7% |
| Tangible fixed assets | 22/27 | €16,482 | €8,947 | -€7,535 | -45.7% |
| Furniture and vehicles | 24 | €16,482 | €8,947 | -€7,535 | -45.7% |
| Current assets | 29/58 | €1,289 | €8,774 | +€7,485 | +581% |
| Amounts receivable within one year | 40/41 | €789 | €6,655 | +€5,866 | +743% |
| Trade receivables | 40 | €786 | €6,655 | +€5,869 | +746% |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €500 | €2,118 | +€1,618 | +324% |
| Total equity and liabilities | 10/49 | €17,771 | €17,721 | -€50 | -0.3% |
| Equity | 10/15 | €9,825 | -€3,625 | -€13,451 | |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,625 | -€5,825 | -€13,451 | |
| Amounts payable | 17/49 | €7,946 | €21,346 | +€13,401 | +169% |
| Amounts payable within one year | 42/48 | €7,946 | €21,346 | +€13,401 | +169% |
| Trade debts | 44 | €3,229 | €3,367 | +€138 | +4.3% |
| Suppliers | 440/4 | €3,229 | €3,367 | +€138 | +4.3% |
| Taxes, remuneration and social security | 45 | €4,716 | €11,507 | +€6,791 | +144% |
| Taxes | 450/3 | €2,229 | €3,082 | +€853 | +38.3% |
| Remuneration and social security | 454/9 | €2,488 | €8,426 | +€5,938 | +239% |
| Other amounts payable | 47/48 | €0 | €6,472 | +€6,471 | +4,044,606% |
| Remuneration, social security and pensions | 62 | €20,401 | €36,208 | +€15,807 | +77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,134 | €7,535 | +€401 | +5.6% |
| Other operating charges | 640/8 | €431 | €409 | -€22 | -5.1% |
| Gross operating margin | 9900 | €36,393 | €30,746 | -€5,647 | -15.5% |
| Operating profit (loss) | 9901 | €8,428 | -€13,406 | -€21,834 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +6,500% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +6,500% |
| Financial charges | 65/66B | €2 | €45 | +€43 | +1,957% |
| Recurring financial charges | 65 | €2 | €45 | +€43 | +1,957% |
| Profit (loss) for the period before taxes | 9903 | €8,425 | -€13,451 | -€21,876 | |
| Income taxes | 67/77 | €800 | - | -€800 | |
| Profit (loss) for the period | 9904 | €7,625 | -€13,451 | -€21,076 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,625 | -€13,451 | -€21,076 |
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 28 October 2026 via checked.be.