AZ CARGO: 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 CARGO
Largest movements
- Receivables within one year -€8,933
down €8,933 (-11.2%), from €79,792 to €70,859
of which Other amounts receivable: -€20,668
- Profit (loss) carried forward -€38,153
down €38,153, from €31,127 to -€7,026
- Tax, wage and social debts +€23,868
up €23,868 (+39.5%), from €60,375 to €84,243
of which Taxes: +€12,584
- Trade debts +€6,285
up €6,285 (+39.3%), from €15,981 to €22,266
- Staff costs +€35,110
up €35,110 (+19.4%), from €180,596 to €215,707
- Financial charges +€20,644
up €20,644 (+866.3%), from €2,383 to €23,027
- Other operating charges -€12,929
down €12,929 (-89.9%), from €14,380 to €1,451
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 | €127,943 | €119,943 | -€8,000 | -6.3% |
| Fixed assets | 21/28 | €3,580 | €3,580 | = | 0.0% |
| Financial fixed assets | 28 | €3,580 | €3,580 | = | 0.0% |
| Current assets | 29/58 | €124,363 | €116,363 | -€8,000 | -6.4% |
| Amounts receivable within one year | 40/41 | €79,792 | €70,859 | -€8,933 | -11.2% |
| Trade receivables | 40 | €55,649 | €67,383 | +€11,735 | +21.1% |
| Other amounts receivable | 41 | €24,144 | €3,476 | -€20,668 | -85.6% |
| Cash at bank and in hand | 54/58 | €44,522 | €45,505 | +€983 | +2.2% |
| Deferred charges and accrued income | 490/1 | €49 | - | -€49 | |
| Total equity and liabilities | 10/49 | €127,943 | €119,943 | -€8,000 | -6.3% |
| Equity | 10/15 | €51,587 | €13,435 | -€38,153 | -74.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,127 | -€7,026 | -€38,153 | |
| Amounts payable | 17/49 | €76,356 | €106,509 | +€30,153 | +39.5% |
| Amounts payable within one year | 42/48 | €76,356 | €106,509 | +€30,153 | +39.5% |
| Trade debts | 44 | €15,981 | €22,266 | +€6,285 | +39.3% |
| Suppliers | 440/4 | €15,981 | €22,266 | +€6,285 | +39.3% |
| Taxes, remuneration and social security | 45 | €60,375 | €84,243 | +€23,868 | +39.5% |
| Taxes | 450/3 | €30,225 | €42,810 | +€12,584 | +41.6% |
| Remuneration and social security | 454/9 | €30,150 | €41,433 | +€11,284 | +37.4% |
| Non-recurring operating income | 76A | €8,431 | - | -€8,431 | |
| Remuneration, social security and pensions | 62 | €180,596 | €215,707 | +€35,110 | +19.4% |
| Other operating charges | 640/8 | €14,380 | €1,451 | -€12,929 | -89.9% |
| Gross operating margin | 9900 | €202,226 | €201,532 | -€695 | -0.3% |
| Operating profit (loss) | 9901 | €7,250 | -€15,626 | -€22,875 | |
| Financial income | 75/76B | €577 | €500 | -€77 | -13.3% |
| Recurring financial income | 75 | €577 | €500 | -€77 | -13.3% |
| Financial charges | 65/66B | €2,383 | €23,027 | +€20,644 | +866.3% |
| Recurring financial charges | 65 | €2,383 | €23,027 | +€20,644 | +866.3% |
| Profit (loss) for the period before taxes | 9903 | €5,444 | -€38,153 | -€43,596 | |
| Profit (loss) for the period | 9904 | €5,444 | -€38,153 | -€43,596 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,444 | -€38,153 | -€43,596 |
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.