AZUPRO: 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.
AZUPRO
Largest movements
- Cash +€14,544
up €14,544 (+23.0%), from €63,312 to €77,856
mainly Depreciation (+€11,720) and Debts after one year (+€9,527)
- Tangible fixed assets -€11,720
down €11,720 (-3.5%), from €335,981 to €324,261
- Debts after one year +€9,527
up €9,527 (+5.1%), from €188,068 to €197,595
of which Other amounts payable: +€9,097
- Profit (loss) carried forward -€8,604
down €8,604 (-10290.4%), from -€84 to -€8,687
- Financial charges +€5,771
up €5,771 (+78.4%), from €7,364 to €13,135
- Gross operating margin +€2,216
up €2,216 (+15.8%), from €14,036 to €16,251
- Purchases and services -€1,995
down €1,995 (-34.8%), from €5,730 to €3,736
- Other operating charges -€526
no longer reported in 2025 (was €526)
- Turnover +€221
up €221 (+1.1%), from €19,766 to €19,987
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.
Cash bridge derived
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 | €399,293 | €402,117 | +€2,824 | +0.7% |
| Fixed assets | 21/28 | €335,981 | €324,261 | -€11,720 | -3.5% |
| Tangible fixed assets | 22/27 | €335,981 | €324,261 | -€11,720 | -3.5% |
| Land and buildings | 22 | €335,981 | €324,261 | -€11,720 | -3.5% |
| Current assets | 29/58 | €63,312 | €77,856 | +€14,544 | +23.0% |
| Cash at bank and in hand | 54/58 | €63,312 | €77,856 | +€14,544 | +23.0% |
| Total equity and liabilities | 10/49 | €399,293 | €402,117 | +€2,824 | +0.7% |
| Equity | 10/15 | €208,802 | €200,199 | -€8,604 | -4.1% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Reserves | 13 | €3,886 | €3,886 | = | 0.0% |
| Distributable reserves | 133 | €3,886 | €3,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84 | -€8,687 | -€8,604 | -10290.4% |
| Amounts payable | 17/49 | €190,490 | €201,918 | +€11,428 | +6.0% |
| Amounts payable after more than one year | 17 | €188,068 | €197,595 | +€9,527 | +5.1% |
| Financial debts | 170/4 | €2,425 | €2,855 | +€430 | +17.7% |
| Other amounts payable | 178/9 | €185,643 | €194,740 | +€9,097 | +4.9% |
| Amounts payable within one year | 42/48 | €2,167 | €3,899 | +€1,731 | +79.9% |
| Taxes, remuneration and social security | 45 | €2,167 | €3,899 | +€1,731 | +79.9% |
| Taxes | 450/3 | €2,167 | €3,899 | +€1,731 | +79.9% |
| Accrued charges and deferred income | 492/3 | €255 | €425 | +€170 | +66.7% |
| Turnover | 70 | €19,766 | €19,987 | +€221 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,730 | €3,736 | -€1,995 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,643 | €11,720 | +€77 | +0.7% |
| Other operating charges | 640/8 | €526 | - | -€526 | |
| Gross operating margin | 9900 | €14,036 | €16,251 | +€2,216 | +15.8% |
| Operating profit (loss) | 9901 | €1,867 | €4,531 | +€2,665 | +142.7% |
| Financial charges | 65/66B | €7,364 | €13,135 | +€5,771 | +78.4% |
| Recurring financial charges | 65 | €7,364 | €13,135 | +€5,771 | +78.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,498 | -€8,604 | -€3,106 | -56.5% |
| Profit (loss) for the period | 9904 | -€5,498 | -€8,604 | -€3,106 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,498 | -€8,604 | -€3,106 | -56.5% |
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 9 October 2026 via checked.be.