AZ Bureautique: what changed
AZ Bureautique
Largest movements
- Stocks and contracts -€12,468
down €12,468 (-28.9%), from €43,085 to €30,617
- Intangible fixed assets -€12,000
down €12,000 (-60.0%), from €20,000 to €8,000
- Tangible fixed assets -€7,754
down €7,754 (-70.8%), from €10,948 to €3,194
of which Furniture and vehicles: -€7,488
- Receivables within one year +€5,082
up €5,082 (+134%), from €3,792 to €8,874
of which Trade receivables: +€4,885
- Cash +€3,261
up €3,261 (+27.6%), from €11,814 to €15,075
mainly Depreciation (+€19,754) and Stocks and contracts (+€12,468)
- Other debts -€9,800
down €9,800 (-88.1%), from €11,118 to €1,318
- Current portion of long-term debt -€8,817
no longer reported in 2025 (was €8,817)
- Trade debts -€7,959
down €7,959 (-36.5%), from €21,787 to €13,828
- Profit (loss) carried forward +€2,628
up €2,628 (+67.2%), from €3,909 to €6,536
- Debts after one year -€2,587
no longer reported in 2025 (was €2,587)
- Gross operating margin -€2,339
down €2,339 (-3.3%), from €70,526 to €68,186
- Taxes +€790
up €790 (+51.0%), from €1,547 to €2,337
- Staff costs +€738
up €738 (+1.9%), from €39,892 to €40,630
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,196 | €68,621 | -€23,574 | -25.6% |
| Fixed assets | 21/28 | €30,948 | €11,194 | -€19,754 | -63.8% |
| Intangible fixed assets | 21 | €20,000 | €8,000 | -€12,000 | -60.0% |
| Tangible fixed assets | 22/27 | €10,948 | €3,194 | -€7,754 | -70.8% |
| Plant, machinery and equipment | 23 | €485 | €219 | -€265 | -54.7% |
| Furniture and vehicles | 24 | €10,463 | €2,975 | -€7,488 | -71.6% |
| Current assets | 29/58 | €61,248 | €57,427 | -€3,821 | -6.2% |
| Stocks and contracts in progress | 3 | €43,085 | €30,617 | -€12,468 | -28.9% |
| Stocks | 30/36 | €43,085 | €30,617 | -€12,468 | -28.9% |
| Amounts receivable within one year | 40/41 | €3,792 | €8,874 | +€5,082 | +134% |
| Trade receivables | 40 | €3,725 | €8,611 | +€4,885 | +131% |
| Other amounts receivable | 41 | €67 | €263 | +€196 | +294% |
| Cash at bank and in hand | 54/58 | €11,814 | €15,075 | +€3,261 | +27.6% |
| Deferred charges and accrued income | 490/1 | €2,556 | €2,861 | +€305 | +11.9% |
| Total equity and liabilities | 10/49 | €92,196 | €68,621 | -€23,574 | -25.6% |
| Equity | 10/15 | €33,405 | €36,033 | +€2,628 | +7.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €9,496 | €9,496 | = | 0.0% |
| Distributable reserves | 133 | €9,496 | €9,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,909 | €6,536 | +€2,628 | +67.2% |
| Amounts payable | 17/49 | €58,791 | €32,589 | -€26,202 | -44.6% |
| Amounts payable after more than one year | 17 | €2,587 | - | -€2,587 | |
| Financial debts | 170/4 | €2,587 | - | -€2,587 | |
| Amounts payable within one year | 42/48 | €56,192 | €32,576 | -€23,616 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €8,817 | - | -€8,817 | |
| Financial debts | 43 | - | €2,587 | +€2,587 | |
| Credit institutions | 430/8 | - | €2,587 | +€2,587 | |
| Trade debts | 44 | €21,787 | €13,828 | -€7,959 | -36.5% |
| Suppliers | 440/4 | €21,787 | €13,828 | -€7,959 | -36.5% |
| Taxes, remuneration and social security | 45 | €14,470 | €14,843 | +€373 | +2.6% |
| Taxes | 450/3 | €7,349 | €7,948 | +€599 | +8.2% |
| Remuneration and social security | 454/9 | €7,121 | €6,896 | -€226 | -3.2% |
| Other amounts payable | 47/48 | €11,118 | €1,318 | -€9,800 | -88.1% |
| Accrued charges and deferred income | 492/3 | €12 | €12 | +€0 | +0.1% |
| Remuneration, social security and pensions | 62 | €39,892 | €40,630 | +€738 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,754 | €19,754 | = | 0.0% |
| Other operating charges | 640/8 | €1,269 | €1,311 | +€41 | +3.3% |
| Gross operating margin | 9900 | €70,526 | €68,186 | -€2,339 | -3.3% |
| Operating profit (loss) | 9901 | €9,611 | €6,491 | -€3,119 | -32.5% |
| Financial income | 75/76B | €72 | €45 | -€27 | -37.7% |
| Recurring financial income | 75 | €72 | €45 | -€27 | -37.7% |
| Financial charges | 65/66B | €907 | €738 | -€169 | -18.6% |
| Recurring financial charges | 65 | €907 | €738 | -€169 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €8,776 | €5,798 | -€2,978 | -33.9% |
| Income taxes | 67/77 | €1,547 | €2,337 | +€790 | +51.0% |
| Profit (loss) for the period | 9904 | €7,228 | €3,461 | -€3,768 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,228 | €3,461 | -€3,768 | -52.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.