AOZ: 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.
AOZ
Largest movements
- Stocks and contracts -€7,171
down €7,171 (-19.2%), from €37,270 to €30,100
- Tangible fixed assets -€4,353
down €4,353 (-69.4%), from €6,273 to €1,921
of which Furniture and vehicles: -€3,850
- Receivables within one year +€1,425
up €1,425, from €0 to €1,425
of which Trade receivables: +€1,425
- Tax, wage and social debts -€7,581
down €7,581 (-41.2%), from €18,398 to €10,817
of which Remuneration and social security: -€4,343
- Current portion of long-term debt -€4,374
down €4,374 (-100%), from €4,374 to €0
- Reserves +€1,910
up €1,910 (+4.8%), from €39,965 to €41,875
of which Distributable reserves: +€1,910
- Staff costs -€26,996
down €26,996 (-66.9%), from €40,377 to €13,381
- Gross operating margin -€26,641
down €26,641 (-50.2%), from €53,074 to €26,434
- Other operating charges +€3,571
up €3,571 (+152%), from €2,342 to €5,913
- Depreciation -€3,438
down €3,438 (-44.1%), from €7,790 to €4,353
- Financial charges -€701
down €701 (-67.5%), from €1,038 to €338
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 | €81,808 | €71,292 | -€10,515 | -12.9% |
| Fixed assets | 21/28 | €17,073 | €12,721 | -€4,353 | -25.5% |
| Tangible fixed assets | 22/27 | €6,273 | €1,921 | -€4,353 | -69.4% |
| Plant, machinery and equipment | 23 | €2,423 | €1,921 | -€503 | -20.7% |
| Furniture and vehicles | 24 | €3,850 | €0 | -€3,850 | -100% |
| Financial fixed assets | 28 | €10,800 | €10,800 | = | 0.0% |
| Current assets | 29/58 | €64,734 | €58,572 | -€6,163 | -9.5% |
| Stocks and contracts in progress | 3 | €37,270 | €30,100 | -€7,171 | -19.2% |
| Stocks | 30/36 | €37,270 | €30,100 | -€7,171 | -19.2% |
| Amounts receivable within one year | 40/41 | €0 | €1,425 | +€1,425 | |
| Trade receivables | 40 | - | €1,425 | +€1,425 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €27,464 | €27,046 | -€417 | -1.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €81,808 | €71,292 | -€10,515 | -12.9% |
| Equity | 10/15 | €58,565 | €60,475 | +€1,910 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,965 | €41,875 | +€1,910 | +4.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,105 | €40,015 | +€1,910 | +5.0% |
| Amounts payable | 17/49 | €23,242 | €10,817 | -€12,425 | -53.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,242 | €10,817 | -€12,425 | -53.5% |
| Current portion of amounts payable after more than one year | 42 | €4,374 | €0 | -€4,374 | -100% |
| Trade debts | 44 | €470 | €0 | -€470 | -100% |
| Suppliers | 440/4 | €470 | €0 | -€470 | -100% |
| Taxes, remuneration and social security | 45 | €18,398 | €10,817 | -€7,581 | -41.2% |
| Taxes | 450/3 | €12,658 | €9,420 | -€3,238 | -25.6% |
| Remuneration and social security | 454/9 | €5,740 | €1,397 | -€4,343 | -75.7% |
| Remuneration, social security and pensions | 62 | €40,377 | €13,381 | -€26,996 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,790 | €4,353 | -€3,438 | -44.1% |
| Other operating charges | 640/8 | €2,342 | €5,913 | +€3,571 | +152% |
| Gross operating margin | 9900 | €53,074 | €26,434 | -€26,641 | -50.2% |
| Operating profit (loss) | 9901 | €2,564 | €2,787 | +€223 | +8.7% |
| Financial charges | 65/66B | €1,038 | €338 | -€701 | -67.5% |
| Recurring financial charges | 65 | €1,038 | €338 | -€701 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €1,526 | €2,449 | +€923 | +60.5% |
| Income taxes | 67/77 | €289 | €540 | +€251 | +86.8% |
| Profit (loss) for the period | 9904 | €1,237 | €1,910 | +€672 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,237 | €1,910 | +€672 | +54.4% |
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.