AZ TECHNOLOGIES: 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 TECHNOLOGIES
Largest movements
- Cash +€57,295
up €57,295 (+49.0%), from €116,869 to €174,164
mainly Other debts (+€88,740) and Net result for the year (+€61,576)
- Receivables within one year +€20,599
up €20,599 (+105.5%), from €19,522 to €40,121
of which Trade receivables: +€21,279
- Other debts +€88,740
new in 2025: €88,740
- Profit (loss) carried forward -€38,424
down €38,424 (-86.6%), from €44,380 to €5,956
- Tax, wage and social debts +€18,578
up €18,578 (+116.7%), from €15,915 to €34,493
of which Taxes: +€18,590
- Advances received +€12,285
new in 2025: €12,285
- Reserves -€4,000
down €4,000 (-6.3%), from €64,000 to €60,000
- Taxes -€18,482
down €18,482 (-54.6%), from €33,876 to €15,394
- Staff costs -€3,412
down €3,412 (-8.5%), from €40,156 to €36,744
- Gross operating margin +€1,291
up €1,291 (+1.1%), from €116,168 to €117,459
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 | €139,295 | €216,984 | +€77,689 | +55.8% |
| Fixed assets | 21/28 | €2,904 | €2,699 | -€205 | -7.1% |
| Tangible fixed assets | 22/27 | €2,904 | €2,699 | -€205 | -7.1% |
| Furniture and vehicles | 24 | €2,904 | €2,699 | -€205 | -7.1% |
| Current assets | 29/58 | €136,391 | €214,285 | +€77,894 | +57.1% |
| Amounts receivable within one year | 40/41 | €19,522 | €40,121 | +€20,599 | +105.5% |
| Trade receivables | 40 | €5 | €21,284 | +€21,279 | +398475.8% |
| Other amounts receivable | 41 | €19,517 | €18,837 | -€680 | -3.5% |
| Cash at bank and in hand | 54/58 | €116,869 | €174,164 | +€57,295 | +49.0% |
| Total equity and liabilities | 10/49 | €139,295 | €216,984 | +€77,689 | +55.8% |
| Equity | 10/15 | €123,380 | €80,956 | -€42,424 | -34.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €64,000 | €60,000 | -€4,000 | -6.3% |
| Distributable reserves | 133 | €64,000 | €60,000 | -€4,000 | -6.3% |
| Profit (loss) carried forward | 14 | €44,380 | €5,956 | -€38,424 | -86.6% |
| Amounts payable | 17/49 | €15,915 | €136,028 | +€120,113 | +754.7% |
| Amounts payable within one year | 42/48 | €15,915 | €136,028 | +€120,113 | +754.7% |
| Trade debts | 44 | - | €510 | +€510 | |
| Suppliers | 440/4 | - | €510 | +€510 | |
| Advances received on contracts in progress | 46 | - | €12,285 | +€12,285 | |
| Taxes, remuneration and social security | 45 | €15,915 | €34,493 | +€18,578 | +116.7% |
| Taxes | 450/3 | €15,903 | €34,493 | +€18,590 | +116.9% |
| Remuneration and social security | 454/9 | €12 | - | -€12 | |
| Other amounts payable | 47/48 | - | €88,740 | +€88,740 | |
| Remuneration, social security and pensions | 62 | €40,156 | €36,744 | -€3,412 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613 | €1,115 | +€502 | +81.9% |
| Other operating charges | 640/8 | €592 | €1,467 | +€876 | +148.0% |
| Gross operating margin | 9900 | €116,168 | €117,459 | +€1,291 | +1.1% |
| Operating profit (loss) | 9901 | €74,807 | €78,132 | +€3,326 | +4.4% |
| Financial charges | 65/66B | €560 | €1,163 | +€603 | +107.6% |
| Recurring financial charges | 65 | €560 | €1,163 | +€603 | +107.6% |
| Profit (loss) for the period before taxes | 9903 | €74,247 | €76,970 | +€2,723 | +3.7% |
| Income taxes | 67/77 | €33,876 | €15,394 | -€18,482 | -54.6% |
| Profit (loss) for the period | 9904 | €40,371 | €61,576 | +€21,205 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,371 | €61,576 | +€21,205 | +52.5% |
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 6 October 2026 via checked.be.