AZUR PROMOTION: 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.
AZUR PROMOTION
Largest movements
- Tangible fixed assets -€157,171
down €157,171 (-27.4%), from €573,739 to €416,568
- Receivables within one year -€11,250
no longer reported in 2025 (was €11,250)
- Debts after one year -€392,945
down €392,945 (-76.3%), from €514,989 to €122,044
- Other debts +€86,212
new in 2025: €86,212
- Profit (loss) carried forward +€72,667
up €72,667 (+46.2%), from -€157,277 to -€84,610
- Trade debts +€54,877
up €54,877 (+59.0%), from €93,060 to €147,937
- Tax, wage and social debts +€41,679
up €41,679 (+886%), from €4,706 to €46,385
- Financial income +€108,746
up €108,746 (+5,803%), from €1,874 to €110,620
of which Financial income: +€110,618
- Financial charges +€13,743
up €13,743 (+248%), from €5,550 to €19,293
- Gross operating margin -€12,553
down €12,553 (-206%), from -€6,107 to -€18,660
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 | €587,545 | €416,568 | -€170,977 | -29.1% |
| Fixed assets | 21/28 | €573,739 | €416,568 | -€157,171 | -27.4% |
| Tangible fixed assets | 22/27 | €573,739 | €416,568 | -€157,171 | -27.4% |
| Land and buildings | 22 | €573,739 | €416,568 | -€157,171 | -27.4% |
| Current assets | 29/58 | €13,805 | - | -€13,805 | |
| Amounts receivable within one year | 40/41 | €11,250 | - | -€11,250 | |
| Trade receivables | 40 | €11,250 | - | -€11,250 | |
| Cash at bank and in hand | 54/58 | €265 | - | -€265 | |
| Deferred charges and accrued income | 490/1 | €2,290 | - | -€2,290 | |
| Total equity and liabilities | 10/49 | €587,545 | €416,568 | -€170,977 | -29.1% |
| Equity | 10/15 | -€58,677 | €13,990 | +€72,667 | |
| Contributions | 10/11 | €98,600 | €98,600 | = | 0.0% |
| Capital | 10 | €98,600 | €98,600 | = | 0.0% |
| Issued capital | 100 | €98,600 | €98,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€157,277 | -€84,610 | +€72,667 | +46.2% |
| Amounts payable | 17/49 | €646,221 | €402,578 | -€243,643 | -37.7% |
| Amounts payable after more than one year | 17 | €514,989 | €122,044 | -€392,945 | -76.3% |
| Financial debts | 170/4 | €514,989 | €122,044 | -€392,945 | -76.3% |
| Amounts payable within one year | 42/48 | €131,232 | €280,534 | +€149,302 | +114% |
| Trade debts | 44 | €93,060 | €147,937 | +€54,877 | +59.0% |
| Suppliers | 440/4 | €93,060 | €147,937 | +€54,877 | +59.0% |
| Advances received on contracts in progress | 46 | €33,466 | - | -€33,466 | |
| Taxes, remuneration and social security | 45 | €4,706 | €46,385 | +€41,679 | +886% |
| Taxes | 450/3 | €4,706 | €46,385 | +€41,679 | +886% |
| Other amounts payable | 47/48 | - | €86,212 | +€86,212 | |
| Gross operating margin | 9900 | -€6,107 | -€18,660 | -€12,553 | -206% |
| Operating profit (loss) | 9901 | -€6,107 | -€18,660 | -€12,553 | -206% |
| Financial income | 75/76B | €1,874 | €110,620 | +€108,746 | +5,803% |
| Recurring financial income | 75 | €2 | €110,620 | +€110,618 | +6,357,371% |
| Non-recurring financial income | 76B | €1,872 | €110,620 | +€108,748 | +5,808% |
| Financial charges | 65/66B | €5,550 | €19,293 | +€13,743 | +248% |
| Recurring financial charges | 65 | €5,550 | €19,293 | +€13,743 | +248% |
| Profit (loss) for the period before taxes | 9903 | -€9,783 | €72,667 | +€82,450 | |
| Profit (loss) for the period | 9904 | -€9,783 | €72,667 | +€82,450 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,783 | €72,667 | +€82,450 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.