AIZHU: 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.
AIZHU
Largest movements
- Cash -€85,810
down €85,810 (-32.7%), from €262,060 to €176,251
mainly Other debts (-€118,211) and Debts after one year (-€27,632)
- Tangible fixed assets -€21,643
down €21,643 (-5.6%), from €384,106 to €362,463
of which Land and buildings: -€12,045
- Other debts -€118,211
down €118,211 (-88.6%), from €133,428 to €15,217
- Reserves +€38,000
up €38,000 (+31.6%), from €120,260 to €158,260
of which Distributable reserves: +€39,860
- Debts after one year -€27,632
down €27,632 (-8.0%), from €343,572 to €315,939
No income-statement line moved by more than 1% of the activity.
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 | €646,306 | €539,695 | -€106,612 | -16.5% |
| Fixed assets | 21/28 | €384,106 | €362,463 | -€21,643 | -5.6% |
| Tangible fixed assets | 22/27 | €384,106 | €362,463 | -€21,643 | -5.6% |
| Land and buildings | 22 | €281,888 | €269,843 | -€12,045 | -4.3% |
| Plant, machinery and equipment | 23 | €102,218 | €92,620 | -€9,598 | -9.4% |
| Current assets | 29/58 | €262,200 | €177,232 | -€84,969 | -32.4% |
| Cash at bank and in hand | 54/58 | €262,060 | €176,251 | -€85,810 | -32.7% |
| Deferred charges and accrued income | 490/1 | €140 | €981 | +€841 | +602% |
| Total equity and liabilities | 10/49 | €646,306 | €539,695 | -€106,612 | -16.5% |
| Equity | 10/15 | €139,386 | €177,361 | +€37,975 | +27.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,260 | €158,260 | +€38,000 | +31.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €118,400 | €158,260 | +€39,860 | +33.7% |
| Profit (loss) carried forward | 14 | €526 | €501 | -€25 | -4.8% |
| Amounts payable | 17/49 | €506,920 | €362,334 | -€144,586 | -28.5% |
| Amounts payable after more than one year | 17 | €343,572 | €315,939 | -€27,632 | -8.0% |
| Financial debts | 170/4 | €343,572 | €315,939 | -€27,632 | -8.0% |
| Amounts payable within one year | 42/48 | €163,349 | €46,394 | -€116,954 | -71.6% |
| Current portion of amounts payable after more than one year | 42 | €16,050 | €16,632 | +€582 | +3.6% |
| Trade debts | 44 | €511 | €794 | +€283 | +55.4% |
| Suppliers | 440/4 | €511 | €794 | +€283 | +55.4% |
| Taxes, remuneration and social security | 45 | €13,360 | €13,751 | +€391 | +2.9% |
| Taxes | 450/3 | €13,360 | €13,751 | +€391 | +2.9% |
| Other amounts payable | 47/48 | €133,428 | €15,217 | -€118,211 | -88.6% |
| Non-recurring operating income | 76A | €102 | - | -€102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,591 | €21,643 | +€52 | +0.2% |
| Other operating charges | 640/8 | €16,272 | €16,866 | +€595 | +3.7% |
| Gross operating margin | 9900 | €91,141 | €91,696 | +€555 | +0.6% |
| Operating profit (loss) | 9901 | €53,278 | €53,187 | -€92 | -0.2% |
| Financial income | 75/76B | €758 | €1,404 | +€646 | +85.1% |
| Recurring financial income | 75 | €758 | €1,404 | +€646 | +85.1% |
| Financial charges | 65/66B | €2,978 | €2,444 | -€534 | -17.9% |
| Recurring financial charges | 65 | €2,978 | €2,444 | -€534 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €51,059 | €52,147 | +€1,088 | +2.1% |
| Income taxes | 67/77 | €13,587 | €14,172 | +€585 | +4.3% |
| Profit (loss) for the period | 9904 | €37,471 | €37,975 | +€504 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,471 | €37,975 | +€504 | +1.3% |
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 27 October 2026 via checked.be.