A+Z DESIGN: 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.
A+Z DESIGN
Largest movements
- Receivables within one year +€21,438
up €21,438 (+140%), from €15,310 to €36,748
of which Other amounts receivable: +€13,488
- Tangible fixed assets +€7,766
up €7,766 (+14.6%), from €53,314 to €61,080
of which Furniture and vehicles: +€12,689
- Cash -€4,402
down €4,402 (-65.4%), from €6,732 to €2,330
mainly Receivables within one year (-€21,438) and Current portion of long-term debt (-€15,525)
- Profit (loss) carried forward +€58,801
up €58,801 (+594%), from €9,892 to €68,693
- Current portion of long-term debt -€15,525
no longer reported in 2025 (was €15,525)
- Other debts -€12,909
no longer reported in 2025 (was €12,909)
- Tax, wage and social debts -€3,312
down €3,312 (-63.5%), from €5,219 to €1,907
- Trade debts -€2,017
down €2,017 (-35.0%), from €5,763 to €3,746
- Gross operating margin +€60,075
up €60,075 (+708%), from €8,487 to €68,562
- Depreciation +€2,241
up €2,241 (+40.9%), from €5,484 to €7,725
- Other operating charges -€1,364
down €1,364 (-53.8%), from €2,535 to €1,171
- Taxes -€861
down €861 (-78.5%), from €1,097 to €236
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 | €81,547 | €106,586 | +€25,039 | +30.7% |
| Fixed assets | 21/28 | €57,634 | €65,400 | +€7,766 | +13.5% |
| Tangible fixed assets | 22/27 | €53,314 | €61,080 | +€7,766 | +14.6% |
| Land and buildings | 22 | €46,588 | €41,788 | -€4,800 | -10.3% |
| Plant, machinery and equipment | 23 | €247 | €124 | -€123 | -50.0% |
| Furniture and vehicles | 24 | €4,829 | €17,518 | +€12,689 | +263% |
| Other tangible fixed assets | 26 | €1,650 | €1,650 | = | 0.0% |
| Financial fixed assets | 28 | €4,320 | €4,320 | = | 0.0% |
| Current assets | 29/58 | €23,913 | €41,186 | +€17,273 | +72.2% |
| Amounts receivable within one year | 40/41 | €15,310 | €36,748 | +€21,438 | +140% |
| Trade receivables | 40 | €15,310 | €23,261 | +€7,951 | +51.9% |
| Other amounts receivable | 41 | - | €13,488 | +€13,488 | |
| Cash at bank and in hand | 54/58 | €6,732 | €2,330 | -€4,402 | -65.4% |
| Deferred charges and accrued income | 490/1 | €1,871 | €2,108 | +€237 | +12.7% |
| Total equity and liabilities | 10/49 | €81,547 | €106,586 | +€25,039 | +30.7% |
| Equity | 10/15 | €30,352 | €89,153 | +€58,801 | +194% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,892 | €68,693 | +€58,801 | +594% |
| Amounts payable | 17/49 | €51,195 | €17,432 | -€33,763 | -65.9% |
| Amounts payable after more than one year | 17 | €11,779 | €11,779 | -€0 | 0.0% |
| Financial debts | 170/4 | €11,779 | €11,779 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €39,416 | €5,654 | -€33,762 | -85.7% |
| Current portion of amounts payable after more than one year | 42 | €15,525 | - | -€15,525 | |
| Trade debts | 44 | €5,763 | €3,746 | -€2,017 | -35.0% |
| Suppliers | 440/4 | €5,763 | €3,746 | -€2,017 | -35.0% |
| Taxes, remuneration and social security | 45 | €5,219 | €1,907 | -€3,312 | -63.5% |
| Taxes | 450/3 | €5,219 | €1,907 | -€3,312 | -63.5% |
| Other amounts payable | 47/48 | €12,909 | - | -€12,909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,484 | €7,725 | +€2,241 | +40.9% |
| Other operating charges | 640/8 | €2,535 | €1,171 | -€1,364 | -53.8% |
| Gross operating margin | 9900 | €8,487 | €68,562 | +€60,075 | +708% |
| Operating profit (loss) | 9901 | €468 | €59,667 | +€59,199 | +12,649% |
| Financial income | 75/76B | - | €192 | +€192 | |
| Recurring financial income | 75 | - | €192 | +€192 | |
| Financial charges | 65/66B | €1,485 | €821 | -€664 | -44.7% |
| Recurring financial charges | 65 | €1,485 | €821 | -€664 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,017 | €59,038 | +€60,055 | |
| Income taxes | 67/77 | €1,097 | €236 | -€861 | -78.5% |
| Profit (loss) for the period | 9904 | -€2,114 | €58,802 | +€60,916 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,114 | €58,802 | +€60,916 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.