AZURALUX: 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.
AZURALUX
Largest movements
- Tangible fixed assets -€24,206
down €24,206 (-42.7%), from €56,693 to €32,487
of which Furniture and vehicles: -€21,757
- Cash +€9,253
up €9,253 (+42.4%), from €21,799 to €31,052
mainly Depreciation (+€24,784) and Trade debts (+€14,548)
- Receivables within one year +€1,882
up €1,882 (+51.5%), from €3,656 to €5,538
of which Trade receivables: +€2,811
- Trade debts +€14,548
up €14,548 (+174.0%), from €8,359 to €22,907
- Tax, wage and social debts -€11,022
down €11,022 (-60.3%), from €18,287 to €7,264
of which Taxes: -€8,481
- Debts after one year -€10,845
down €10,845 (-50.4%), from €21,536 to €10,691
- Profit (loss) carried forward -€7,683
down €7,683 (-166.3%), from -€4,620 to -€12,303
- Advances received +€4,312
new in 2025: €4,312
- Provisions +€5,250
no longer reported in 2025 (was -€5,250)
- Other operating charges -€1,438
down €1,438 (-91.8%), from €1,566 to €128
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 | €94,568 | €81,576 | -€12,992 | -13.7% |
| Fixed assets | 21/28 | €56,693 | €32,487 | -€24,206 | -42.7% |
| Tangible fixed assets | 22/27 | €56,693 | €32,487 | -€24,206 | -42.7% |
| Plant, machinery and equipment | 23 | €8,624 | €6,175 | -€2,449 | -28.4% |
| Furniture and vehicles | 24 | €48,069 | €26,312 | -€21,757 | -45.3% |
| Current assets | 29/58 | €37,875 | €49,090 | +€11,214 | +29.6% |
| Stocks and contracts in progress | 3 | €12,420 | €12,500 | +€80 | +0.6% |
| Stocks | 30/36 | €12,420 | €12,500 | +€80 | +0.6% |
| Amounts receivable within one year | 40/41 | €3,656 | €5,538 | +€1,882 | +51.5% |
| Trade receivables | 40 | €2,726 | €5,538 | +€2,811 | +103.1% |
| Other amounts receivable | 41 | €930 | - | -€930 | |
| Cash at bank and in hand | 54/58 | €21,799 | €31,052 | +€9,253 | +42.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €94,568 | €81,576 | -€12,992 | -13.7% |
| Equity | 10/15 | €30,270 | €22,586 | -€7,683 | -25.4% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €16,290 | €14,430 | -€1,860 | -11.4% |
| Distributable reserves | 133 | €16,290 | €14,430 | -€1,860 | -11.4% |
| Profit (loss) carried forward | 14 | -€4,620 | -€12,303 | -€7,683 | -166.3% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €64,298 | €58,990 | -€5,308 | -8.3% |
| Amounts payable after more than one year | 17 | €21,536 | €10,691 | -€10,845 | -50.4% |
| Financial debts | 170/4 | €21,536 | €10,691 | -€10,845 | -50.4% |
| Amounts payable within one year | 42/48 | €42,762 | €47,535 | +€4,773 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €14,202 | €10,845 | -€3,357 | -23.6% |
| Trade debts | 44 | €8,359 | €22,907 | +€14,548 | +174.0% |
| Suppliers | 440/4 | €8,359 | €22,907 | +€14,548 | +174.0% |
| Advances received on contracts in progress | 46 | - | €4,312 | +€4,312 | |
| Taxes, remuneration and social security | 45 | €18,287 | €7,264 | -€11,022 | -60.3% |
| Taxes | 450/3 | €10,613 | €2,131 | -€8,481 | -79.9% |
| Remuneration and social security | 454/9 | €7,674 | €5,133 | -€2,541 | -33.1% |
| Other amounts payable | 47/48 | €1,915 | €2,207 | +€292 | +15.2% |
| Accrued charges and deferred income | 492/3 | - | €764 | +€764 | |
| Remuneration, social security and pensions | 62 | €54,916 | €54,325 | -€591 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,209 | €24,784 | +€574 | +2.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,250 | - | +€5,250 | |
| Other operating charges | 640/8 | €1,566 | €128 | -€1,438 | -91.8% |
| Gross operating margin | 9900 | €73,264 | €72,620 | -€644 | -0.9% |
| Operating profit (loss) | 9901 | -€2,178 | -€6,617 | -€4,439 | -203.8% |
| Financial income | 75/76B | €14 | €1 | -€13 | -94.5% |
| Recurring financial income | 75 | €14 | €1 | -€13 | -94.5% |
| Financial charges | 65/66B | €1,432 | €1,067 | -€365 | -25.5% |
| Recurring financial charges | 65 | €1,432 | €1,067 | -€365 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,596 | -€7,683 | -€4,087 | -113.7% |
| Income taxes | 67/77 | €208 | - | -€208 | |
| Profit (loss) for the period | 9904 | -€3,804 | -€7,683 | -€3,879 | -102.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,804 | -€7,683 | -€3,879 | -102.0% |
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 11 October 2026 via checked.be.