AZURIS GROUP: what changed
AZURIS GROUP
Largest movements
- Receivables within one year +€27,712
up €27,712 (+52.8%), from €52,494 to €80,206
of which Trade receivables: +€31,439
- Tangible fixed assets +€27,271
up €27,271 (+139%), from €19,561 to €46,833
of which Other tangible fixed assets: +€13,880
- Stocks and contracts +€15,784
up €15,784 (+419%), from €3,764 to €19,548
- Cash +€15,056
up €15,056 (+14.4%), from €104,595 to €119,652
mainly Trade debts (+€51,341) and Net result for the year (+€35,494)
- Intangible fixed assets -€9,976
down €9,976 (-15.5%), from €64,270 to €54,294
- Reserves +€117,145
up €117,145 (+459%), from €25,534 to €142,679
of which Distributable reserves: +€117,145
- Profit (loss) carried forward -€90,651
down €90,651 (-100%), from €90,651 to €0
- Trade debts +€51,341
up €51,341 (+773%), from €6,639 to €57,981
- Current portion of long-term debt -€4,715
down €4,715 (-100%), from €4,715 to €0
- Gross operating margin +€48,620
up €48,620 (+223%), from €21,787 to €70,407
- Taxes +€10,252
up €10,252 (+1,643%), from €624 to €10,875
- Depreciation +€4,717
up €4,717 (+21.3%), from €22,175 to €26,892
- Financial income +€1,741
up €1,741 (+45.7%), from €3,813 to €5,554
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,407 | €327,207 | +€75,799 | +30.1% |
| Fixed assets | 21/28 | €83,880 | €101,167 | +€17,286 | +20.6% |
| Intangible fixed assets | 21 | €64,270 | €54,294 | -€9,976 | -15.5% |
| Tangible fixed assets | 22/27 | €19,561 | €46,833 | +€27,271 | +139% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €10,499 | €12,733 | +€2,234 | +21.3% |
| Furniture and vehicles | 24 | €9,062 | €20,219 | +€11,157 | +123% |
| Other tangible fixed assets | 26 | €0 | €13,880 | +€13,880 | |
| Financial fixed assets | 28 | €49 | €41 | -€8 | -17.2% |
| Current assets | 29/58 | €167,527 | €226,040 | +€58,513 | +34.9% |
| Stocks and contracts in progress | 3 | €3,764 | €19,548 | +€15,784 | +419% |
| Stocks | 30/36 | €3,764 | €19,548 | +€15,784 | +419% |
| Amounts receivable within one year | 40/41 | €52,494 | €80,206 | +€27,712 | +52.8% |
| Trade receivables | 40 | €23,669 | €55,108 | +€31,439 | +133% |
| Other amounts receivable | 41 | €28,825 | €25,098 | -€3,727 | -12.9% |
| Cash at bank and in hand | 54/58 | €104,595 | €119,652 | +€15,056 | +14.4% |
| Deferred charges and accrued income | 490/1 | €6,674 | €6,635 | -€39 | -0.6% |
| Total equity and liabilities | 10/49 | €251,407 | €327,207 | +€75,799 | +30.1% |
| Equity | 10/15 | €190,553 | €217,047 | +€26,494 | +13.9% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €25,534 | €142,679 | +€117,145 | +459% |
| Non-distributable reserves | 130/1 | €15,429 | €15,429 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,929 | €7,929 | = | 0.0% |
| Distributable reserves | 133 | €10,105 | €127,250 | +€117,145 | +1,159% |
| Profit (loss) carried forward | 14 | €90,651 | €0 | -€90,651 | -100% |
| Amounts payable | 17/49 | €60,855 | €110,160 | +€49,305 | +81.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €60,811 | €109,715 | +€48,905 | +80.4% |
| Current portion of amounts payable after more than one year | 42 | €4,715 | €0 | -€4,715 | -100% |
| Trade debts | 44 | €6,639 | €57,981 | +€51,341 | +773% |
| Suppliers | 440/4 | €6,639 | €57,981 | +€51,341 | +773% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €49,457 | €51,735 | +€2,278 | +4.6% |
| Accrued charges and deferred income | 492/3 | €44 | €445 | +€401 | +911% |
| Remuneration, social security and pensions | 62 | -€3 | €0 | +€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,175 | €26,892 | +€4,717 | +21.3% |
| Other operating charges | 640/8 | €1,860 | €1,687 | -€173 | -9.3% |
| Gross operating margin | 9900 | €21,787 | €70,407 | +€48,620 | +223% |
| Operating profit (loss) | 9901 | -€2,245 | €41,829 | +€44,073 | |
| Financial income | 75/76B | €3,813 | €5,554 | +€1,741 | +45.7% |
| Recurring financial income | 75 | €3,813 | €5,554 | +€1,741 | +45.7% |
| Financial charges | 65/66B | €480 | €1,013 | +€532 | +111% |
| Recurring financial charges | 65 | €480 | €1,013 | +€532 | +111% |
| Profit (loss) for the period before taxes | 9903 | €1,087 | €46,369 | +€45,282 | +4,165% |
| Income taxes | 67/77 | €624 | €10,875 | +€10,252 | +1,643% |
| Profit (loss) for the period | 9904 | €463 | €35,494 | +€35,031 | +7,560% |
| Profit (loss) for the period to be appropriated | 9905 | €463 | €35,494 | +€35,031 | +7,560% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.