AZ Auction: 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.
AZ Auction
Largest movements
- Cash -€76,003
down €76,003 (-13.6%), from €557,282 to €481,279
mainly Contributions, distributions and other (-€200,000) and Receivables within one year (-€61,198)
- Receivables within one year +€61,198
up €61,198 (+42.7%), from €143,415 to €204,613
of which Trade receivables: +€64,583
- Tangible fixed assets -€21,519
down €21,519 (-10.1%), from €212,181 to €190,661
of which Land and buildings: -€10,944
- Deferred charges and accrued income +€10,895
new in 2025: €10,895
- Tax, wage and social debts +€38,847
up €38,847 (+564.1%), from €6,887 to €45,734
of which Remuneration and social security: +€45,112
- Trade debts -€37,848
down €37,848 (-21.1%), from €179,784 to €141,936
- Current portion of long-term debt -€27,093
down €27,093 (-83.5%), from €32,442 to €5,349
- Turnover -€4.3m
down €4.3m (-72.2%), from €6.0m to €1.7m
- Purchases and services -€4.2m
down €4.2m (-81.1%), from €5.2m to €991,807
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 | €1,007,577 | €982,148 | -€25,429 | -2.5% |
| Fixed assets | 21/28 | €213,381 | €191,861 | -€21,519 | -10.1% |
| Tangible fixed assets | 22/27 | €212,181 | €190,661 | -€21,519 | -10.1% |
| Land and buildings | 22 | €131,851 | €120,907 | -€10,944 | -8.3% |
| Plant, machinery and equipment | 23 | €54,300 | €54,189 | -€111 | -0.2% |
| Furniture and vehicles | 24 | €26,030 | €15,566 | -€10,464 | -40.2% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €794,197 | €790,287 | -€3,910 | -0.5% |
| Stocks and contracts in progress | 3 | €93,500 | €93,500 | = | 0.0% |
| Stocks | 30/36 | €93,500 | €93,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €143,415 | €204,613 | +€61,198 | +42.7% |
| Trade receivables | 40 | €94,020 | €158,603 | +€64,583 | +68.7% |
| Other amounts receivable | 41 | €49,394 | €46,010 | -€3,384 | -6.9% |
| Cash at bank and in hand | 54/58 | €557,282 | €481,279 | -€76,003 | -13.6% |
| Deferred charges and accrued income | 490/1 | - | €10,895 | +€10,895 | |
| Total equity and liabilities | 10/49 | €1,007,577 | €982,148 | -€25,429 | -2.5% |
| Equity | 10/15 | €503,380 | €511,714 | +€8,334 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €482,920 | €491,254 | +€8,334 | +1.7% |
| Provisions and deferred taxes | 16 | €31,690 | €31,690 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €31,690 | €31,690 | = | 0.0% |
| Pensions and similar obligations | 160 | - | €31,690 | +€31,690 | |
| Other liabilities and charges | 164/5 | €31,690 | - | -€31,690 | |
| Amounts payable | 17/49 | €472,508 | €438,744 | -€33,764 | -7.1% |
| Amounts payable after more than one year | 17 | €48,394 | €45,724 | -€2,670 | -5.5% |
| Financial debts | 170/4 | €48,394 | €45,724 | -€2,670 | -5.5% |
| Amounts payable within one year | 42/48 | €424,113 | €393,019 | -€31,094 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €32,442 | €5,349 | -€27,093 | -83.5% |
| Trade debts | 44 | €179,784 | €141,936 | -€37,848 | -21.1% |
| Suppliers | 440/4 | €179,784 | €141,936 | -€37,848 | -21.1% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €6,887 | €45,734 | +€38,847 | +564.1% |
| Taxes | 450/3 | €6,887 | €622 | -€6,265 | -91.0% |
| Remuneration and social security | 454/9 | - | €45,112 | +€45,112 | |
| Other amounts payable | 47/48 | €205,000 | €200,000 | -€5,000 | -2.4% |
| Turnover | 70 | €5,972,645 | €1,661,770 | -€4.3m | -72.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,236,305 | €991,807 | -€4.2m | -81.1% |
| Remuneration, social security and pensions | 62 | €331,493 | €370,931 | +€39,438 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,203 | €45,040 | -€10,162 | -18.4% |
| Other operating charges | 640/8 | €11,555 | €7,980 | -€3,575 | -30.9% |
| Gross operating margin | 9900 | €736,340 | €718,038 | -€18,303 | -2.5% |
| Operating profit (loss) | 9901 | €338,090 | €294,087 | -€44,003 | -13.0% |
| Financial income | 75/76B | €15,760 | €6 | -€15,755 | -100.0% |
| Recurring financial income | 75 | €15,760 | €6 | -€15,755 | -100.0% |
| Financial charges | 65/66B | €14,281 | €9,271 | -€5,009 | -35.1% |
| Recurring financial charges | 65 | €14,281 | €9,271 | -€5,009 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €339,570 | €284,821 | -€54,749 | -16.1% |
| Income taxes | 67/77 | €70,776 | €76,487 | +€5,711 | +8.1% |
| Profit (loss) for the period | 9904 | €268,794 | €208,334 | -€60,459 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €268,794 | €208,334 | -€60,459 | -22.5% |
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 8 October 2026 via checked.be.