Azumi: 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.
Azumi
Largest movements
- Intangible fixed assets -€39,256
down €39,256 (-33.3%), from €117,768 to €78,512
- Receivables within one year +€18,256
up €18,256 (+185%), from €9,871 to €28,126
of which Other amounts receivable: +€18,906
- Current investments +€10,000
up €10,000 (+167%), from €6,000 to €16,000
- Cash -€6,773
down €6,773 (-53.7%), from €12,613 to €5,840
mainly Other debts (-€24,958) and Debts after one year (-€20,000)
- Other debts -€24,958
down €24,958 (-88.6%), from €28,171 to €3,212
- Trade debts +€22,677
up €22,677 (+2,272%), from €998 to €23,675
- Debts after one year -€20,000
down €20,000 (-66.7%), from €30,000 to €10,000
- Current portion of long-term debt -€16,000
down €16,000 (-73.4%), from €21,806 to €5,806
- Tax, wage and social debts +€15,209
up €15,209 (+176%), from €8,660 to €23,869
of which Taxes: +€15,209
- Gross operating margin +€33,015
up €33,015 (+115%), from €28,785 to €61,801
- Financial charges -€23,234
down €23,234 (-99.3%), from €23,408 to €174
- Taxes +€15,992
up €15,992 (+5,569%), from €287 to €16,280
- Financial income -€4,330
no longer reported in 2025 (was €4,330)
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 | €146,252 | €128,478 | -€17,774 | -12.2% |
| Fixed assets | 21/28 | €117,768 | €78,512 | -€39,256 | -33.3% |
| Intangible fixed assets | 21 | €117,768 | €78,512 | -€39,256 | -33.3% |
| Current assets | 29/58 | €28,484 | €49,966 | +€21,483 | +75.4% |
| Amounts receivable within one year | 40/41 | €9,871 | €28,126 | +€18,256 | +185% |
| Trade receivables | 40 | €9,871 | €9,220 | -€650 | -6.6% |
| Other amounts receivable | 41 | - | €18,906 | +€18,906 | |
| Current investments | 50/53 | €6,000 | €16,000 | +€10,000 | +167% |
| Cash at bank and in hand | 54/58 | €12,613 | €5,840 | -€6,773 | -53.7% |
| Total equity and liabilities | 10/49 | €146,252 | €128,478 | -€17,774 | -12.2% |
| Equity | 10/15 | €56,618 | €61,916 | +€5,299 | +9.4% |
| Contributions | 10/11 | €43,000 | €43,000 | = | 0.0% |
| Reserves | 13 | €76,430 | €76,430 | = | 0.0% |
| Non-distributable reserves | 130/1 | €430 | €430 | = | 0.0% |
| Reserves not available under the articles | 1311 | €430 | €430 | = | 0.0% |
| Distributable reserves | 133 | €76,000 | €76,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,812 | -€57,514 | +€5,299 | +8.4% |
| Amounts payable | 17/49 | €89,634 | €66,562 | -€23,072 | -25.7% |
| Amounts payable after more than one year | 17 | €30,000 | €10,000 | -€20,000 | -66.7% |
| Financial debts | 170/4 | €30,000 | €10,000 | -€20,000 | -66.7% |
| Amounts payable within one year | 42/48 | €59,634 | €56,562 | -€3,072 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €21,806 | €5,806 | -€16,000 | -73.4% |
| Trade debts | 44 | €998 | €23,675 | +€22,677 | +2,272% |
| Suppliers | 440/4 | €998 | €23,675 | +€22,677 | +2,272% |
| Taxes, remuneration and social security | 45 | €8,660 | €23,869 | +€15,209 | +176% |
| Taxes | 450/3 | €5,660 | €20,869 | +€15,209 | +269% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €28,171 | €3,212 | -€24,958 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,256 | €39,256 | = | 0.0% |
| Other operating charges | 640/8 | €747 | €793 | +€46 | +6.1% |
| Gross operating margin | 9900 | €28,785 | €61,801 | +€33,015 | +115% |
| Operating profit (loss) | 9901 | -€11,218 | €21,752 | +€32,970 | |
| Financial income | 75/76B | €4,330 | - | -€4,330 | |
| Recurring financial income | 75 | €4,330 | - | -€4,330 | |
| Financial charges | 65/66B | €23,408 | €174 | -€23,234 | -99.3% |
| Recurring financial charges | 65 | €23,408 | €174 | -€23,234 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,295 | €21,578 | +€51,874 | |
| Income taxes | 67/77 | €287 | €16,280 | +€15,992 | +5,569% |
| Profit (loss) for the period | 9904 | -€30,583 | €5,299 | +€35,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,583 | €5,299 | +€35,881 |
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 18 October 2026 via checked.be.