A2Z BRUSSEL: 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.
A2Z BRUSSEL
Largest movements
- Stocks and contracts +€13,000
up €13,000 (+121%), from €10,715 to €23,715
- Receivables within one year +€11,555
up €11,555 (+147%), from €7,865 to €19,420
of which Other amounts receivable: +€15,267
- Cash -€10,780
down €10,780 (-56.1%), from €19,207 to €8,427
mainly Stocks and contracts (-€13,000) and Receivables within one year (-€11,555)
- Other debts +€8,274
new in 2025: €8,274
- Profit (loss) carried forward +€3,620
up €3,620 (+517%), from €700 to €4,320
- Tax, wage and social debts +€2,589
up €2,589 (+14.6%), from €17,717 to €20,306
of which Taxes: +€4,628
- Contributions -€1,000
down €1,000 (-4.8%), from €21,000 to €20,000
- Turnover -€96,903
no longer reported in 2025 (was €96,903)
- Purchases and services +€39,644
up €39,644 (+67.7%), from €58,538 to €98,182
- Staff costs -€28,211
down €28,211 (-77.3%), from €36,507 to €8,296
- Gross operating margin -€26,874
down €26,874 (-68.6%), from €39,173 to €12,299
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 | €40,987 | €54,763 | +€13,776 | +33.6% |
| Fixed assets | 21/28 | €3,200 | €3,200 | = | 0.0% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €37,787 | €51,563 | +€13,776 | +36.5% |
| Stocks and contracts in progress | 3 | €10,715 | €23,715 | +€13,000 | +121% |
| Stocks | 30/36 | €10,715 | €23,715 | +€13,000 | +121% |
| Amounts receivable within one year | 40/41 | €7,865 | €19,420 | +€11,555 | +147% |
| Trade receivables | 40 | €7,865 | €4,153 | -€3,712 | -47.2% |
| Other amounts receivable | 41 | - | €15,267 | +€15,267 | |
| Cash at bank and in hand | 54/58 | €19,207 | €8,427 | -€10,780 | -56.1% |
| Total equity and liabilities | 10/49 | €40,987 | €54,763 | +€13,776 | +33.6% |
| Equity | 10/15 | €21,700 | €24,320 | +€2,620 | +12.1% |
| Contributions | 10/11 | €21,000 | €20,000 | -€1,000 | -4.8% |
| Profit (loss) carried forward | 14 | €700 | €4,320 | +€3,620 | +517% |
| Amounts payable | 17/49 | €19,287 | €30,443 | +€11,156 | +57.8% |
| Amounts payable within one year | 42/48 | €19,287 | €30,443 | +€11,156 | +57.8% |
| Trade debts | 44 | €1,570 | €1,564 | -€6 | -0.4% |
| Suppliers | 440/4 | €1,570 | €1,564 | -€6 | -0.4% |
| Advances received on contracts in progress | 46 | - | €300 | +€300 | |
| Taxes, remuneration and social security | 45 | €17,717 | €20,306 | +€2,589 | +14.6% |
| Taxes | 450/3 | €6,202 | €10,830 | +€4,628 | +74.6% |
| Remuneration and social security | 454/9 | €11,515 | €9,475 | -€2,040 | -17.7% |
| Other amounts payable | 47/48 | - | €8,274 | +€8,274 | |
| Turnover | 70 | €96,903 | - | -€96,903 | |
| Goods, raw materials, services and sundry goods | 60/61 | €58,538 | €98,182 | +€39,644 | +67.7% |
| Remuneration, social security and pensions | 62 | €36,507 | €8,296 | -€28,211 | -77.3% |
| Other operating charges | 640/8 | - | €109 | +€109 | |
| Gross operating margin | 9900 | €39,173 | €12,299 | -€26,874 | -68.6% |
| Operating profit (loss) | 9901 | €2,666 | €3,894 | +€1,228 | +46.1% |
| Financial charges | 65/66B | €120 | €135 | +€15 | +12.1% |
| Recurring financial charges | 65 | €120 | €135 | +€15 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €2,546 | €3,759 | +€1,213 | +47.7% |
| Income taxes | 67/77 | - | €140 | +€140 | |
| Profit (loss) for the period | 9904 | €2,546 | €3,619 | +€1,073 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,546 | €3,619 | +€1,073 | +42.2% |
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 19 October 2026 via checked.be.