AWZ: what changed
Two fiscal 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.
AWZ
Largest movements
- Receivables within one year +€74,495
up €74,495 (+32.5%), from €229,212 to €303,707
of which Trade receivables: +€63,449
- Cash +€68,371
up €68,371 (+11.3%), from €606,711 to €675,082
mainly Net result for the year (+€133,838) and Other debts (+€81,588)
- Stocks and contracts +€56,229
up €56,229 (+32.9%), from €170,972 to €227,201
- Profit (loss) carried forward +€133,838
up €133,838 (+25.0%), from €536,149 to €669,988
- Other debts +€81,588
up €81,588 (+35.1%), from €232,622 to €314,209
- Tax, wage and social debts -€33,750
down €33,750 (-24.5%), from €137,565 to €103,815
of which Taxes: -€33,671
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Turnover -€266,947
down €266,947 (-12.7%), from €2.1m to €1.8m
- Purchases and services -€186,039
down €186,039 (-10.4%), from €1.8m to €1.6m
- Gross operating margin -€80,908
down €80,908 (-26.6%), from €304,519 to €223,611
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.
Cash bridge derived
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 | €1,017,562 | €1,222,548 | +€204,985 | +20.1% |
| Fixed assets | 21/28 | €10,667 | €16,557 | +€5,890 | +55.2% |
| Tangible fixed assets | 22/27 | €10,395 | €16,285 | +€5,890 | +56.7% |
| Furniture and vehicles | 24 | €10,395 | €16,285 | +€5,890 | +56.7% |
| Financial fixed assets | 28 | €272 | €272 | = | 0.0% |
| Current assets | 29/58 | €1,006,895 | €1,205,990 | +€199,095 | +19.8% |
| Stocks and contracts in progress | 3 | €170,972 | €227,201 | +€56,229 | +32.9% |
| Stocks | 30/36 | €170,972 | €227,201 | +€56,229 | +32.9% |
| Amounts receivable within one year | 40/41 | €229,212 | €303,707 | +€74,495 | +32.5% |
| Trade receivables | 40 | €228,940 | €292,390 | +€63,449 | +27.7% |
| Other amounts receivable | 41 | €272 | €11,317 | +€11,045 | +4063.2% |
| Cash at bank and in hand | 54/58 | €606,711 | €675,082 | +€68,371 | +11.3% |
| Total equity and liabilities | 10/49 | €1,017,562 | €1,222,548 | +€204,985 | +20.1% |
| Equity | 10/15 | €542,349 | €688,588 | +€146,238 | +27.0% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Profit (loss) carried forward | 14 | €536,149 | €669,988 | +€133,838 | +25.0% |
| Amounts payable | 17/49 | €475,213 | €533,960 | +€58,747 | +12.4% |
| Amounts payable within one year | 42/48 | €475,213 | €533,960 | +€58,747 | +12.4% |
| Trade debts | 44 | €105,027 | €115,936 | +€10,909 | +10.4% |
| Suppliers | 440/4 | €105,027 | €115,936 | +€10,909 | +10.4% |
| Taxes, remuneration and social security | 45 | €137,565 | €103,815 | -€33,750 | -24.5% |
| Taxes | 450/3 | €134,290 | €100,619 | -€33,671 | -25.1% |
| Remuneration and social security | 454/9 | €3,274 | €3,196 | -€78 | -2.4% |
| Other amounts payable | 47/48 | €232,622 | €314,209 | +€81,588 | +35.1% |
| Turnover | 70 | €2,097,270 | €1,830,323 | -€266,947 | -12.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,792,751 | €1,606,711 | -€186,039 | -10.4% |
| Remuneration, social security and pensions | 62 | €33,309 | €35,373 | +€2,064 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €605 | = | 0.0% |
| Other operating charges | 640/8 | €1,360 | €2,714 | +€1,354 | +99.6% |
| Gross operating margin | 9900 | €304,519 | €223,611 | -€80,908 | -26.6% |
| Operating profit (loss) | 9901 | €269,246 | €184,920 | -€84,326 | -31.3% |
| Financial charges | 65/66B | €2,764 | €2,189 | -€575 | -20.8% |
| Recurring financial charges | 65 | €2,376 | €1,952 | -€424 | -17.9% |
| Non-recurring financial charges | 66B | €388 | €237 | -€151 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €266,481 | €182,731 | -€83,750 | -31.4% |
| Income taxes | 67/77 | €53,776 | €48,893 | -€4,883 | -9.1% |
| Profit (loss) for the period | 9904 | €212,706 | €133,838 | -€78,867 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €212,706 | €133,838 | -€78,867 | -37.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.