AZ DESIGN: 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 DESIGN
Largest movements
- Cash -€5,149
down €5,149 (-58.9%), from €8,748 to €3,599
mainly Net result for the year (-€12,485) and Current portion of long-term debt (-€7,091)
- Tangible fixed assets -€4,454
down €4,454 (-20.6%), from €21,664 to €17,210
of which Land and buildings: -€3,804
- Deferred charges and accrued income -€3,125
down €3,125 (-71.2%), from €4,392 to €1,267
- Receivables within one year +€2,583
new in 2025: €2,583
- Profit (loss) carried forward -€12,485
down €12,485 (-31.8%), from -€39,271 to -€51,756
- Tax, wage and social debts +€7,892
up €7,892 (+116%), from €6,815 to €14,707
- Current portion of long-term debt -€7,091
no longer reported in 2025 (was €7,091)
- Other debts +€4,685
up €4,685 (+10.3%), from €45,571 to €50,256
- Trade debts -€3,146
down €3,146 (-65.5%), from €4,804 to €1,658
- Turnover -€178,393
no longer reported in 2025 (was €178,393)
- Purchases and services -€86,198
no longer reported in 2025 (was €86,198)
- Staff costs +€9,042
up €9,042 (+10.4%), from €87,283 to €96,325
- Gross operating margin -€2,840
down €2,840 (-3.1%), from €92,595 to €89,755
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 | €45,470 | €35,325 | -€10,145 | -22.3% |
| Fixed assets | 21/28 | €21,684 | €17,230 | -€4,454 | -20.5% |
| Tangible fixed assets | 22/27 | €21,664 | €17,210 | -€4,454 | -20.6% |
| Land and buildings | 22 | €19,617 | €15,813 | -€3,804 | -19.4% |
| Plant, machinery and equipment | 23 | €2,047 | €1,397 | -€650 | -31.8% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €23,786 | €18,095 | -€5,691 | -23.9% |
| Stocks and contracts in progress | 3 | €10,646 | €10,646 | = | 0.0% |
| Stocks | 30/36 | €10,646 | €10,646 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €2,583 | +€2,583 | |
| Trade receivables | 40 | - | €2,583 | +€2,583 | |
| Cash at bank and in hand | 54/58 | €8,748 | €3,599 | -€5,149 | -58.9% |
| Deferred charges and accrued income | 490/1 | €4,392 | €1,267 | -€3,125 | -71.2% |
| Total equity and liabilities | 10/49 | €45,470 | €35,325 | -€10,145 | -22.3% |
| Equity | 10/15 | -€18,811 | -€31,296 | -€12,485 | -66.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,271 | -€51,756 | -€12,485 | -31.8% |
| Amounts payable | 17/49 | €64,281 | €66,621 | +€2,340 | +3.6% |
| Amounts payable within one year | 42/48 | €64,281 | €66,621 | +€2,340 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €7,091 | - | -€7,091 | |
| Trade debts | 44 | €4,804 | €1,658 | -€3,146 | -65.5% |
| Suppliers | 440/4 | €4,804 | €1,658 | -€3,146 | -65.5% |
| Taxes, remuneration and social security | 45 | €6,815 | €14,707 | +€7,892 | +116% |
| Taxes | 450/3 | €6,815 | €14,707 | +€7,892 | +116% |
| Other amounts payable | 47/48 | €45,571 | €50,256 | +€4,685 | +10.3% |
| Turnover | 70 | €178,393 | - | -€178,393 | |
| Non-recurring operating income | 76A | €400 | - | -€400 | |
| Goods, raw materials, services and sundry goods | 60/61 | €86,198 | - | -€86,198 | |
| Remuneration, social security and pensions | 62 | €87,283 | €96,325 | +€9,042 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,787 | €4,454 | -€1,333 | -23.0% |
| Other operating charges | 640/8 | €436 | - | -€436 | |
| Gross operating margin | 9900 | €92,595 | €89,755 | -€2,840 | -3.1% |
| Operating profit (loss) | 9901 | -€911 | -€11,024 | -€10,113 | -1,110% |
| Financial charges | 65/66B | €1,582 | €1,461 | -€121 | -7.6% |
| Recurring financial charges | 65 | €1,582 | €1,461 | -€121 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,493 | -€12,485 | -€9,992 | -401% |
| Profit (loss) for the period | 9904 | -€2,493 | -€12,485 | -€9,992 | -401% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,493 | -€12,485 | -€9,992 | -401% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.