AZ QUALITY SERVICES: 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 QUALITY SERVICES
Largest movements
- Receivables within one year +€14,826
up €14,826 (+90.2%), from €16,434 to €31,260
of which Trade receivables: +€15,072
- Cash +€7,480
up €7,480 (+132%), from €5,670 to €13,150
mainly Net result for the year (+€29,777) and Depreciation (+€1,623)
- Intangible fixed assets -€1,082
down €1,082 (-20.2%), from €5,347 to €4,265
- Profit (loss) carried forward +€29,777
up €29,777 (+473%), from €6,298 to €36,075
- Other debts -€3,598
down €3,598 (-52.1%), from €6,900 to €3,302
- Trade debts -€2,742
down €2,742 (-94.4%), from €2,905 to €163
- Tax, wage and social debts -€1,845
down €1,845 (-95.5%), from €1,932 to €87
of which Remuneration and social security: -€1,845
- Staff costs -€13,557
no longer reported in 2024 (was €13,557)
- Gross operating margin +€11,528
up €11,528 (+57.0%), from €20,240 to €31,768
- Depreciation +€1,287
up €1,287 (+384%), from €336 to €1,623
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,035 | €49,627 | +€21,592 | +77.0% |
| Fixed assets | 21/28 | €5,931 | €5,217 | -€714 | -12.0% |
| Intangible fixed assets | 21 | €5,347 | €4,265 | -€1,082 | -20.2% |
| Tangible fixed assets | 22/27 | €585 | €952 | +€367 | +62.9% |
| Furniture and vehicles | 24 | €585 | €952 | +€367 | +62.9% |
| Current assets | 29/58 | €22,104 | €44,410 | +€22,307 | +101% |
| Amounts receivable within one year | 40/41 | €16,434 | €31,260 | +€14,826 | +90.2% |
| Trade receivables | 40 | €6,036 | €21,109 | +€15,072 | +250% |
| Other amounts receivable | 41 | €10,397 | €10,151 | -€246 | -2.4% |
| Cash at bank and in hand | 54/58 | €5,670 | €13,150 | +€7,480 | +132% |
| Total equity and liabilities | 10/49 | €28,035 | €49,627 | +€21,592 | +77.0% |
| Equity | 10/15 | €16,298 | €46,075 | +€29,777 | +183% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,298 | €36,075 | +€29,777 | +473% |
| Amounts payable | 17/49 | €11,737 | €3,552 | -€8,185 | -69.7% |
| Amounts payable within one year | 42/48 | €11,737 | €3,552 | -€8,185 | -69.7% |
| Trade debts | 44 | €2,905 | €163 | -€2,742 | -94.4% |
| Suppliers | 440/4 | €2,905 | €163 | -€2,742 | -94.4% |
| Taxes, remuneration and social security | 45 | €1,932 | €87 | -€1,845 | -95.5% |
| Taxes | 450/3 | €32 | €32 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,900 | €55 | -€1,845 | -97.1% |
| Other amounts payable | 47/48 | €6,900 | €3,302 | -€3,598 | -52.1% |
| Remuneration, social security and pensions | 62 | €13,557 | - | -€13,557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €1,623 | +€1,287 | +384% |
| Other operating charges | 640/8 | - | €302 | +€302 | |
| Gross operating margin | 9900 | €20,240 | €31,768 | +€11,528 | +57.0% |
| Operating profit (loss) | 9901 | €6,347 | €29,843 | +€23,496 | +370% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €50 | €66 | +€17 | +34.0% |
| Recurring financial charges | 65 | €50 | €66 | +€17 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €6,298 | €29,777 | +€23,479 | +373% |
| Profit (loss) for the period | 9904 | €6,298 | €29,777 | +€23,479 | +373% |
| Profit (loss) for the period to be appropriated | 9905 | €6,298 | €29,777 | +€23,479 | +373% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.