AàZ SERVICE: 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.
AàZ SERVICE
Largest movements
- Deferred charges and accrued income -€386,440
down €386,440 (-99.3%), from €389,243 to €2,803
- Cash +€251,560
up €251,560 (+94.3%), from €266,724 to €518,285
mainly Deferred charges and accrued income (+€386,440) and Other debts (+€111,460)
- Current investments +€208,609
up €208,609 (+55.6%), from €374,927 to €583,536
- Stocks and contracts +€18,262
up €18,262 (+14.6%), from €124,824 to €143,087
- Receivables within one year -€17,539
down €17,539 (-91.4%), from €19,189 to €1,650
of which Trade receivables: -€14,454
- Other debts +€111,460
up €111,460 (+510%), from €21,864 to €133,324
- Reserves -€45,233
down €45,233 (-4.7%), from €963,975 to €918,742
- Financial income -€185,299
down €185,299 (-51.4%), from €360,186 to €174,887
- Gross operating margin -€15,486
down €15,486, from €1,792 to -€13,694
- Taxes +€11,925
up €11,925 (+37.2%), from €32,055 to €43,979
- Depreciation +€8,723
up €8,723 (+85.9%), from €10,155 to €18,878
- Financial charges -€4,067
down €4,067 (-43.6%), from €9,327 to €5,260
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 | €1,251,683 | €1,327,825 | +€76,142 | +6.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €76,775 | €78,464 | +€1,689 | +2.2% |
| Tangible fixed assets | 22/27 | €76,675 | €78,454 | +€1,779 | +2.3% |
| Land and buildings | 22 | €20,220 | €17,167 | -€3,052 | -15.1% |
| Plant, machinery and equipment | 23 | €8,013 | €8,742 | +€729 | +9.1% |
| Furniture and vehicles | 24 | €48,442 | €52,544 | +€4,102 | +8.5% |
| Financial fixed assets | 28 | €100 | €10 | -€90 | -90.0% |
| Current assets | 29/58 | €1,174,908 | €1,249,361 | +€74,453 | +6.3% |
| Stocks and contracts in progress | 3 | €124,824 | €143,087 | +€18,262 | +14.6% |
| Stocks | 30/36 | €124,824 | €143,087 | +€18,262 | +14.6% |
| Amounts receivable within one year | 40/41 | €19,189 | €1,650 | -€17,539 | -91.4% |
| Trade receivables | 40 | €16,104 | €1,650 | -€14,454 | -89.8% |
| Other amounts receivable | 41 | €3,086 | - | -€3,086 | |
| Current investments | 50/53 | €374,927 | €583,536 | +€208,609 | +55.6% |
| Cash at bank and in hand | 54/58 | €266,724 | €518,285 | +€251,560 | +94.3% |
| Deferred charges and accrued income | 490/1 | €389,243 | €2,803 | -€386,440 | -99.3% |
| Total equity and liabilities | 10/49 | €1,251,683 | €1,327,825 | +€76,142 | +6.1% |
| Equity | 10/15 | €1,205,898 | €1,160,666 | -€45,233 | -3.8% |
| Contributions | 10/11 | €195,800 | €195,800 | = | 0.0% |
| Reserves | 13 | €963,975 | €918,742 | -€45,233 | -4.7% |
| Distributable reserves | 133 | €963,975 | €918,742 | -€45,233 | -4.7% |
| Profit (loss) carried forward | 14 | €46,123 | €46,123 | -€0 | 0.0% |
| Amounts payable | 17/49 | €45,784 | €167,159 | +€121,375 | +265% |
| Amounts payable within one year | 42/48 | €44,708 | €166,198 | +€121,490 | +272% |
| Trade debts | 44 | €3,451 | €892 | -€2,559 | -74.2% |
| Suppliers | 440/4 | €3,451 | €892 | -€2,559 | -74.2% |
| Taxes, remuneration and social security | 45 | €19,394 | €31,982 | +€12,588 | +64.9% |
| Taxes | 450/3 | €19,394 | €31,982 | +€12,588 | +64.9% |
| Other amounts payable | 47/48 | €21,864 | €133,324 | +€111,460 | +510% |
| Accrued charges and deferred income | 492/3 | €1,076 | €961 | -€115 | -10.7% |
| Non-recurring operating income | 76A | €8,264 | €916 | -€7,349 | -88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,155 | €18,878 | +€8,723 | +85.9% |
| Other operating charges | 640/8 | €1,684 | €1,738 | +€54 | +3.2% |
| Non-recurring operating charges | 66A | €7,851 | - | -€7,851 | |
| Gross operating margin | 9900 | €1,792 | -€13,694 | -€15,486 | |
| Operating profit (loss) | 9901 | -€17,899 | -€34,311 | -€16,412 | -91.7% |
| Financial income | 75/76B | €360,186 | €174,887 | -€185,299 | -51.4% |
| Recurring financial income | 75 | €360,186 | €174,887 | -€185,299 | -51.4% |
| Financial charges | 65/66B | €9,327 | €5,260 | -€4,067 | -43.6% |
| Recurring financial charges | 65 | €9,327 | €5,260 | -€4,067 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €332,960 | €135,316 | -€197,644 | -59.4% |
| Income taxes | 67/77 | €32,055 | €43,979 | +€11,925 | +37.2% |
| Profit (loss) for the period | 9904 | €300,905 | €91,337 | -€209,568 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €300,905 | €91,337 | -€209,568 | -69.6% |
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 15 October 2026 via checked.be.