AZ. AYOUAZ: 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.
AZ. AYOUAZ
Largest movements
- Receivables within one year +€6,983
up €6,983 (+30.5%), from €22,897 to €29,880
of which Other amounts receivable: +€3,673
- Cash -€2,542
down €2,542 (-63.8%), from €3,983 to €1,441
mainly Receivables within one year (-€6,983) and Trade debts (-€606)
- Profit (loss) carried forward +€4,563
up €4,563 (+31.0%), from €14,709 to €19,273
- Trade debts -€606
down €606 (-9.5%), from €6,381 to €5,775
- Purchases and services -€36,127
down €36,127 (-54.2%), from €66,642 to €30,515
- Gross operating margin +€948
up €948 (+13.1%), from €7,240 to €8,188
- Taxes +€841
up €841 (+55.6%), from €1,513 to €2,354
- Depreciation -€733
down €733 (-70.9%), from €1,033 to €300
- Other operating charges +€388
up €388 (+75.4%), from €515 to €904
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 | €27,180 | €31,320 | +€4,140 | +15.2% |
| Fixed assets | 21/28 | €300 | - | -€300 | |
| Tangible fixed assets | 22/27 | €300 | - | -€300 | |
| Furniture and vehicles | 24 | €300 | - | -€300 | |
| Current assets | 29/58 | €26,880 | €31,320 | +€4,440 | +16.5% |
| Amounts receivable within one year | 40/41 | €22,897 | €29,880 | +€6,983 | +30.5% |
| Trade receivables | 40 | - | €3,310 | +€3,310 | |
| Other amounts receivable | 41 | €22,897 | €26,570 | +€3,673 | +16.0% |
| Cash at bank and in hand | 54/58 | €3,983 | €1,441 | -€2,542 | -63.8% |
| Total equity and liabilities | 10/49 | €27,180 | €31,320 | +€4,140 | +15.2% |
| Equity | 10/15 | €17,077 | €21,640 | +€4,563 | +26.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €367 | €367 | = | 0.0% |
| Non-distributable reserves | 130/1 | €367 | €367 | = | 0.0% |
| Legal reserve | 130 | €367 | €367 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,709 | €19,273 | +€4,563 | +31.0% |
| Amounts payable | 17/49 | €10,104 | €9,680 | -€423 | -4.2% |
| Amounts payable within one year | 42/48 | €10,104 | €9,680 | -€423 | -4.2% |
| Trade debts | 44 | €6,381 | €5,775 | -€606 | -9.5% |
| Suppliers | 440/4 | €6,381 | €5,775 | -€606 | -9.5% |
| Advances received on contracts in progress | 46 | €1,014 | €1,014 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,709 | €2,891 | +€183 | +6.8% |
| Taxes | 450/3 | €2,709 | €2,891 | +€183 | +6.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,642 | €30,515 | -€36,127 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,033 | €300 | -€733 | -70.9% |
| Other operating charges | 640/8 | €515 | €904 | +€388 | +75.4% |
| Gross operating margin | 9900 | €7,240 | €8,188 | +€948 | +13.1% |
| Operating profit (loss) | 9901 | €5,691 | €6,984 | +€1,292 | +22.7% |
| Financial charges | 65/66B | €67 | €66 | -€1 | -1.5% |
| Recurring financial charges | 65 | €67 | €66 | -€1 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €5,624 | €6,918 | +€1,293 | +23.0% |
| Income taxes | 67/77 | €1,513 | €2,354 | +€841 | +55.6% |
| Profit (loss) for the period | 9904 | €4,111 | €4,563 | +€452 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,111 | €4,563 | +€452 | +11.0% |
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 29 October 2026 via checked.be.