C&V AZUR: 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.
C&V AZUR
Largest movements
- Tangible fixed assets -€7,337
down €7,337 (-3.7%), from €198,603 to €191,266
of which Land and buildings: -€6,538
- Debts after one year -€10,762
no longer reported in 2025 (was €10,762)
- Trade debts +€8,825
up €8,825 (+21.5%), from €41,068 to €49,893
- Current portion of long-term debt -€7,524
down €7,524 (-41.1%), from €18,286 to €10,762
- Profit (loss) carried forward +€2,391
up €2,391 (+2.4%), from -€98,938 to -€96,547
- Gross operating margin +€104,095
up €104,095, from -€87,035 to €17,060
- Turnover +€49,727
new in 2025: €49,727
- Purchases and services +€32,667
new in 2025: €32,667
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 | €200,262 | €193,188 | -€7,074 | -3.5% |
| Fixed assets | 21/28 | €198,603 | €191,266 | -€7,337 | -3.7% |
| Tangible fixed assets | 22/27 | €198,603 | €191,266 | -€7,337 | -3.7% |
| Land and buildings | 22 | €191,621 | €185,083 | -€6,538 | -3.4% |
| Plant, machinery and equipment | 23 | €6,982 | €6,182 | -€800 | -11.5% |
| Current assets | 29/58 | €1,659 | €1,922 | +€263 | +15.9% |
| Amounts receivable within one year | 40/41 | €60 | - | -€60 | |
| Other amounts receivable | 41 | €60 | - | -€60 | |
| Cash at bank and in hand | 54/58 | €1,599 | €1,922 | +€323 | +20.2% |
| Total equity and liabilities | 10/49 | €200,262 | €193,188 | -€7,074 | -3.5% |
| Equity | 10/15 | -€92,738 | -€90,347 | +€2,391 | +2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,938 | -€96,547 | +€2,391 | +2.4% |
| Amounts payable | 17/49 | €293,000 | €283,535 | -€9,465 | -3.2% |
| Amounts payable after more than one year | 17 | €10,762 | - | -€10,762 | |
| Financial debts | 170/4 | €10,762 | - | -€10,762 | |
| Amounts payable within one year | 42/48 | €282,238 | €283,535 | +€1,297 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €18,286 | €10,762 | -€7,524 | -41.1% |
| Trade debts | 44 | €41,068 | €49,893 | +€8,825 | +21.5% |
| Suppliers | 440/4 | €41,068 | €49,893 | +€8,825 | +21.5% |
| Other amounts payable | 47/48 | €222,884 | €222,880 | -€4 | 0.0% |
| Turnover | 70 | - | €49,727 | +€49,727 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €32,667 | +€32,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,087 | €7,337 | +€250 | +3.5% |
| Other operating charges | 640/8 | €7,027 | €6,883 | -€144 | -2.0% |
| Gross operating margin | 9900 | -€87,035 | €17,060 | +€104,095 | |
| Operating profit (loss) | 9901 | -€101,149 | €2,840 | +€103,989 | |
| Financial income | 75/76B | €199 | - | -€199 | |
| Recurring financial income | 75 | €199 | - | -€199 | |
| Financial charges | 65/66B | €604 | €449 | -€155 | -25.6% |
| Recurring financial charges | 65 | €604 | €449 | -€155 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€101,554 | €2,391 | +€103,945 | |
| Profit (loss) for the period | 9904 | -€101,554 | €2,391 | +€103,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€101,554 | €2,391 | +€103,945 |
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 25 October 2026 via checked.be.