Azur: 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.
Azur
Largest movements
- Cash +€41,042
up €41,042 (+105.5%), from €38,893 to €79,935
mainly Depreciation (+€26,866) and Trade debts (+€15,912)
- Tangible fixed assets -€26,866
down €26,866 (-8.3%), from €324,459 to €297,592
- Trade debts +€15,912
new in 2024: €15,912
- Accrued charges and deferred income -€10,679
down €10,679 (-2.9%), from €371,304 to €360,625
- Profit (loss) carried forward +€6,565
up €6,565 (+5.8%), from -€113,000 to -€106,435
- Depreciation +€13,113
up €13,113 (+95.3%), from €13,754 to €26,866
- Gross operating margin +€11,258
up €11,258 (+30.1%), from €37,448 to €48,706
- Other operating charges +€581
up €581 (+4.0%), from €14,644 to €15,225
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 | €364,230 | €377,527 | +€13,297 | +3.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €324,459 | €297,592 | -€26,866 | -8.3% |
| Tangible fixed assets | 22/27 | €324,459 | €297,592 | -€26,866 | -8.3% |
| Land and buildings | 22 | €324,459 | €297,592 | -€26,866 | -8.3% |
| Current assets | 29/58 | €39,771 | €79,935 | +€40,164 | +101.0% |
| Cash at bank and in hand | 54/58 | €38,893 | €79,935 | +€41,042 | +105.5% |
| Deferred charges and accrued income | 490/1 | €878 | - | -€878 | |
| Total equity and liabilities | 10/49 | €364,230 | €377,527 | +€13,297 | +3.7% |
| Equity | 10/15 | -€48,623 | -€42,059 | +€6,565 | +13.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €2,403 | €2,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,403 | €2,403 | = | 0.0% |
| Legal reserve | 130 | €2,403 | €2,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,000 | -€106,435 | +€6,565 | +5.8% |
| Amounts payable | 17/49 | €412,853 | €419,586 | +€6,733 | +1.6% |
| Amounts payable within one year | 42/48 | €41,549 | €58,961 | +€17,412 | +41.9% |
| Trade debts | 44 | - | €15,912 | +€15,912 | |
| Suppliers | 440/4 | - | €15,912 | +€15,912 | |
| Other amounts payable | 47/48 | €41,549 | €43,049 | +€1,500 | +3.6% |
| Accrued charges and deferred income | 492/3 | €371,304 | €360,625 | -€10,679 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,754 | €26,866 | +€13,113 | +95.3% |
| Other operating charges | 640/8 | €14,644 | €15,225 | +€581 | +4.0% |
| Gross operating margin | 9900 | €37,448 | €48,706 | +€11,258 | +30.1% |
| Operating profit (loss) | 9901 | €9,050 | €6,614 | -€2,436 | -26.9% |
| Financial charges | 65/66B | €31 | €49 | +€19 | +60.3% |
| Recurring financial charges | 65 | €31 | €49 | +€19 | +60.3% |
| Profit (loss) for the period before taxes | 9903 | €9,020 | €6,565 | -€2,455 | -27.2% |
| Profit (loss) for the period | 9904 | €9,020 | €6,565 | -€2,455 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,020 | €6,565 | -€2,455 | -27.2% |
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 29 September 2026 via checked.be.