AZ-LINES: 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-LINES
Largest movements
- Receivables within one year +€10,926
up €10,926 (+111%), from €9,829 to €20,756
of which Other amounts receivable: +€12,111
- Cash -€8,000
down €8,000 (-76.5%), from €10,457 to €2,457
mainly Receivables within one year (-€10,926) and Trade debts (-€1,307)
- Tangible fixed assets -€3,141
down €3,141 (-22.5%), from €13,961 to €10,820
- Profit (loss) carried forward +€1,665
up €1,665 (+11.1%), from €14,972 to €16,637
- Trade debts -€1,307
down €1,307 (-20.0%), from €6,544 to €5,237
- Other debts -€500
no longer reported in 2025 (was €500)
- Gross operating margin -€15,085
down €15,085 (-66.6%), from €22,643 to €7,558
- Taxes -€3,327
down €3,327 (-88.9%), from €3,743 to €416
- Depreciation +€1,399
up €1,399 (+80.3%), from €1,742 to €3,141
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 | €34,247 | €34,033 | -€214 | -0.6% |
| Fixed assets | 21/28 | €13,961 | €10,820 | -€3,141 | -22.5% |
| Tangible fixed assets | 22/27 | €13,961 | €10,820 | -€3,141 | -22.5% |
| Furniture and vehicles | 24 | €13,961 | €10,820 | -€3,141 | -22.5% |
| Current assets | 29/58 | €20,286 | €23,213 | +€2,927 | +14.4% |
| Amounts receivable within one year | 40/41 | €9,829 | €20,756 | +€10,926 | +111% |
| Trade receivables | 40 | €9,829 | €8,645 | -€1,185 | -12.1% |
| Other amounts receivable | 41 | - | €12,111 | +€12,111 | |
| Cash at bank and in hand | 54/58 | €10,457 | €2,457 | -€8,000 | -76.5% |
| Total equity and liabilities | 10/49 | €34,247 | €34,033 | -€214 | -0.6% |
| Equity | 10/15 | €22,972 | €24,637 | +€1,665 | +7.2% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,972 | €16,637 | +€1,665 | +11.1% |
| Amounts payable | 17/49 | €11,275 | €9,396 | -€1,879 | -16.7% |
| Amounts payable within one year | 42/48 | €11,275 | €9,396 | -€1,879 | -16.7% |
| Trade debts | 44 | €6,544 | €5,237 | -€1,307 | -20.0% |
| Suppliers | 440/4 | €6,544 | €5,237 | -€1,307 | -20.0% |
| Taxes, remuneration and social security | 45 | €4,231 | €4,159 | -€72 | -1.7% |
| Taxes | 450/3 | €4,231 | €4,159 | -€72 | -1.7% |
| Other amounts payable | 47/48 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,742 | €3,141 | +€1,399 | +80.3% |
| Other operating charges | 640/8 | €2,143 | €2,296 | +€153 | +7.1% |
| Gross operating margin | 9900 | €22,643 | €7,558 | -€15,085 | -66.6% |
| Operating profit (loss) | 9901 | €18,758 | €2,122 | -€16,637 | -88.7% |
| Financial income | 75/76B | €0 | €1 | +€0 | +161% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +161% |
| Financial charges | 65/66B | €44 | €41 | -€2 | -4.8% |
| Recurring financial charges | 65 | €44 | €41 | -€2 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €18,715 | €2,081 | -€16,634 | -88.9% |
| Income taxes | 67/77 | €3,743 | €416 | -€3,327 | -88.9% |
| Profit (loss) for the period | 9904 | €14,972 | €1,665 | -€13,307 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,972 | €1,665 | -€13,307 | -88.9% |
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 16 October 2026 via checked.be.