Aizen: 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.
Aizen
Largest movements
- Receivables within one year +€21,000
up €21,000 (+280%), from €7,500 to €28,500
- Cash +€15,545
up €15,545 (+55.3%), from €28,120 to €43,665
mainly Trade debts (+€34,571) and Net result for the year (+€19,423)
- Tangible fixed assets -€2,180
down €2,180 (-45.9%), from €4,748 to €2,568
- Trade debts +€34,571
up €34,571 (+768%), from €4,501 to €39,071
- Reserves -€14,000
down €14,000 (-70.0%), from €20,000 to €6,000
- Profit (loss) carried forward +€6,423
up €6,423, from -€5,515 to €908
- Other debts +€5,687
up €5,687 (+97.8%), from €5,813 to €11,499
- Tax, wage and social debts +€1,684
up €1,684 (+12.9%), from €13,070 to €14,755
- Gross operating margin +€33,805
up €33,805, from -€6,937 to €26,868
- Taxes +€4,335
up €4,335 (+2,272%), from €191 to €4,526
- Other operating charges -€772
no longer reported in 2025 (was €772)
- Financial charges +€433
up €433 (+142%), from €306 to €740
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 | €40,369 | €74,734 | +€34,365 | +85.1% |
| Fixed assets | 21/28 | €4,748 | €2,568 | -€2,180 | -45.9% |
| Tangible fixed assets | 22/27 | €4,748 | €2,568 | -€2,180 | -45.9% |
| Furniture and vehicles | 24 | €4,748 | €2,568 | -€2,180 | -45.9% |
| Current assets | 29/58 | €35,620 | €72,165 | +€36,545 | +103% |
| Amounts receivable within one year | 40/41 | €7,500 | €28,500 | +€21,000 | +280% |
| Trade receivables | 40 | €7,500 | €28,500 | +€21,000 | +280% |
| Cash at bank and in hand | 54/58 | €28,120 | €43,665 | +€15,545 | +55.3% |
| Total equity and liabilities | 10/49 | €40,369 | €74,734 | +€34,365 | +85.1% |
| Equity | 10/15 | €16,985 | €9,408 | -€7,577 | -44.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,000 | €6,000 | -€14,000 | -70.0% |
| Distributable reserves | 133 | €20,000 | €6,000 | -€14,000 | -70.0% |
| Profit (loss) carried forward | 14 | -€5,515 | €908 | +€6,423 | |
| Amounts payable | 17/49 | €23,384 | €65,325 | +€41,942 | +179% |
| Amounts payable within one year | 42/48 | €23,384 | €65,325 | +€41,942 | +179% |
| Trade debts | 44 | €4,501 | €39,071 | +€34,571 | +768% |
| Suppliers | 440/4 | €4,501 | €39,071 | +€34,571 | +768% |
| Taxes, remuneration and social security | 45 | €13,070 | €14,755 | +€1,684 | +12.9% |
| Taxes | 450/3 | €13,070 | €14,755 | +€1,684 | +12.9% |
| Other amounts payable | 47/48 | €5,813 | €11,499 | +€5,687 | +97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,321 | €2,180 | -€141 | -6.1% |
| Other operating charges | 640/8 | €772 | - | -€772 | |
| Gross operating margin | 9900 | -€6,937 | €26,868 | +€33,805 | |
| Operating profit (loss) | 9901 | -€10,030 | €24,688 | +€34,718 | |
| Financial charges | 65/66B | €306 | €740 | +€433 | +142% |
| Recurring financial charges | 65 | €306 | €740 | +€433 | +142% |
| Profit (loss) for the period before taxes | 9903 | -€10,336 | €23,949 | +€34,284 | |
| Income taxes | 67/77 | €191 | €4,526 | +€4,335 | +2,272% |
| Profit (loss) for the period | 9904 | -€10,527 | €19,423 | +€29,950 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,527 | €19,423 | +€29,950 |
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 18 October 2026 via checked.be.