Azurit: 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.
Azurit
Largest movements
- Current investments +€500,000
new in 2025: €500,000
- Cash -€441,671
down €441,671 (-45.9%), from €961,850 to €520,179
mainly Current investments (-€500,000) and Contributions, distributions and other (-€141,243)
- Reserves +€61,800
up €61,800 (+5.8%), from €1.1m to €1.1m
- Financial income -€52,657
down €52,657 (-30.1%), from €174,924 to €122,267
- Gross operating margin +€3,544
up €3,544 (+2.6%), from €138,407 to €141,951
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 | €1,131,155 | €1,187,183 | +€56,029 | +5.0% |
| Fixed assets | 21/28 | €164,083 | €161,186 | -€2,896 | -1.8% |
| Tangible fixed assets | 22/27 | €4,083 | €1,186 | -€2,896 | -70.9% |
| Plant, machinery and equipment | 23 | €889 | €697 | -€192 | -21.6% |
| Furniture and vehicles | 24 | €3,194 | €490 | -€2,704 | -84.7% |
| Financial fixed assets | 28 | €160,000 | €160,000 | = | 0.0% |
| Current assets | 29/58 | €967,072 | €1,025,997 | +€58,925 | +6.1% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €961,850 | €520,179 | -€441,671 | -45.9% |
| Deferred charges and accrued income | 490/1 | €5,222 | €5,818 | +€596 | +11.4% |
| Total equity and liabilities | 10/49 | €1,131,155 | €1,187,183 | +€56,029 | +5.0% |
| Equity | 10/15 | €1,081,542 | €1,143,341 | +€61,800 | +5.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,069,142 | €1,130,941 | +€61,800 | +5.8% |
| Distributable reserves | 133 | €1,069,142 | €1,130,941 | +€61,800 | +5.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €49,613 | €43,842 | -€5,771 | -11.6% |
| Amounts payable within one year | 42/48 | €49,613 | €43,842 | -€5,771 | -11.6% |
| Trade debts | 44 | €4,945 | €3,920 | -€1,025 | -20.7% |
| Suppliers | 440/4 | €4,945 | €3,920 | -€1,025 | -20.7% |
| Taxes, remuneration and social security | 45 | €44,668 | €39,922 | -€4,745 | -10.6% |
| Taxes | 450/3 | €44,668 | €39,922 | -€4,745 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,879 | €2,896 | +€17 | +0.6% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €138,407 | €141,951 | +€3,544 | +2.6% |
| Operating profit (loss) | 9901 | €135,413 | €138,929 | +€3,516 | +2.6% |
| Financial income | 75/76B | €174,924 | €122,267 | -€52,657 | -30.1% |
| Recurring financial income | 75 | €174,924 | €122,267 | -€52,657 | -30.1% |
| Financial charges | 65/66B | €92 | €96 | +€4 | +4.7% |
| Recurring financial charges | 65 | €92 | €96 | +€4 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €310,245 | €261,100 | -€49,145 | -15.8% |
| Income taxes | 67/77 | €58,152 | €58,057 | -€95 | -0.2% |
| Profit (loss) for the period | 9904 | €252,093 | €203,043 | -€49,050 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €252,093 | €203,043 | -€49,050 | -19.5% |
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.