What changed?
Two fiscal 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 PISCINE
Largest movements
- Cash +€11,039
up €11,039 (+279.3%), from €3,952 to €14,991
mainly Net result for the year (+€9,327) and Debts after one year (+€9,289)
- Receivables within one year +€10,393
up €10,393 (+177.5%), from €5,856 to €16,249
of which Trade receivables: +€10,303
- Tangible fixed assets +€7,124
up €7,124 (+82.4%), from €8,649 to €15,773
of which Furniture and vehicles: +€6,079
- Stocks and contracts +€2,273
up €2,273 (+77.3%), from €2,940 to €5,213
- Profit (loss) carried forward +€9,327
up €9,327 (+101.8%), from €9,166 to €18,493
- Debts after one year +€9,289
new in 2025: €9,289
- Trade debts +€4,875
up €4,875 (+88.2%), from €5,526 to €10,401
- Tax, wage and social debts +€4,657
up €4,657 (+130.3%), from €3,574 to €8,232
- Current portion of long-term debt +€3,352
new in 2025: €3,352
- Depreciation +€1,411
up €1,411 (+89.8%), from €1,572 to €2,983
- Taxes -€1,245
down €1,245 (-36.7%), from €3,393 to €2,149
- Other operating charges +€646
up €646 (+146.7%), from €440 to €1,087
- Gross operating margin +€395
up €395 (+2.0%), from €19,327 to €19,722
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 | €21,819 | €52,626 | +€30,807 | +141.2% |
| Fixed assets | 21/28 | €8,974 | €16,098 | +€7,124 | +79.4% |
| Tangible fixed assets | 22/27 | €8,649 | €15,773 | +€7,124 | +82.4% |
| Plant, machinery and equipment | 23 | €75 | €57 | -€19 | -25.0% |
| Furniture and vehicles | 24 | €8,574 | €14,653 | +€6,079 | +70.9% |
| Other tangible fixed assets | 26 | - | €1,064 | +€1,064 | |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €12,845 | €36,528 | +€23,683 | +184.4% |
| Stocks and contracts in progress | 3 | €2,940 | €5,213 | +€2,273 | +77.3% |
| Stocks | 30/36 | €2,940 | €5,213 | +€2,273 | +77.3% |
| Amounts receivable within one year | 40/41 | €5,856 | €16,249 | +€10,393 | +177.5% |
| Trade receivables | 40 | €5,701 | €16,005 | +€10,303 | +180.7% |
| Other amounts receivable | 41 | €155 | €244 | +€90 | +58.1% |
| Cash at bank and in hand | 54/58 | €3,952 | €14,991 | +€11,039 | +279.3% |
| Deferred charges and accrued income | 490/1 | €97 | €74 | -€22 | -23.0% |
| Total equity and liabilities | 10/49 | €21,819 | €52,626 | +€30,807 | +141.2% |
| Equity | 10/15 | €10,166 | €19,493 | +€9,327 | +91.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,166 | €18,493 | +€9,327 | +101.8% |
| Amounts payable | 17/49 | €11,653 | €33,133 | +€21,480 | +184.3% |
| Amounts payable after more than one year | 17 | - | €9,289 | +€9,289 | |
| Financial debts | 170/4 | - | €9,289 | +€9,289 | |
| Amounts payable within one year | 42/48 | €11,653 | €23,844 | +€12,191 | +104.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,352 | +€3,352 | |
| Trade debts | 44 | €5,526 | €10,401 | +€4,875 | +88.2% |
| Suppliers | 440/4 | €5,526 | €10,401 | +€4,875 | +88.2% |
| Taxes, remuneration and social security | 45 | €3,574 | €8,232 | +€4,657 | +130.3% |
| Taxes | 450/3 | €3,574 | €8,232 | +€4,657 | +130.3% |
| Other amounts payable | 47/48 | €2,553 | €1,859 | -€694 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,572 | €2,983 | +€1,411 | +89.8% |
| Other operating charges | 640/8 | €440 | €1,087 | +€646 | +146.7% |
| Non-recurring operating charges | 66A | - | €3,800 | +€3,800 | |
| Gross operating margin | 9900 | €19,327 | €19,722 | +€395 | +2.0% |
| Operating profit (loss) | 9901 | €17,314 | €11,852 | -€5,462 | -31.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +586.7% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +586.7% |
| Financial charges | 65/66B | €267 | €377 | +€110 | +41.3% |
| Recurring financial charges | 65 | €267 | €377 | +€110 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €17,048 | €11,476 | -€5,572 | -32.7% |
| Income taxes | 67/77 | €3,393 | €2,149 | -€1,245 | -36.7% |
| Profit (loss) for the period | 9904 | €13,654 | €9,327 | -€4,327 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,654 | €9,327 | -€4,327 | -31.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.