AZ-TEK: 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-TEK
Largest movements
- Tangible fixed assets -€4,661
no longer reported in 2025 (was €4,661)
- Stocks and contracts +€1,335
up €1,335 (+34.5%), from €3,874 to €5,209
- Receivables within one year +€475
up €475 (+2.7%), from €17,740 to €18,215
of which Other amounts receivable: +€1,291
- Debts after one year -€3,294
no longer reported in 2025 (was €3,294)
- Profit (loss) carried forward +€2,445
up €2,445 (+8.7%), from -€28,115 to -€25,670
- Trade debts -€2,346
down €2,346 (-58.8%), from €3,993 to €1,647
- Tax, wage and social debts +€2,255
up €2,255 (+399.1%), from €565 to €2,820
- Current portion of long-term debt -€1,782
down €1,782 (-35.1%), from €5,076 to €3,294
- Gross operating margin +€2,669
up €2,669 (+68.9%), from €3,875 to €6,544
- Depreciation -€2,424
down €2,424 (-34.2%), from €7,085 to €4,661
- Financial income +€372
up €372 (+39.5%), from €942 to €1,314
- Financial charges -€338
down €338 (-60.0%), from €563 to €225
- Other operating charges +€336
up €336 (+175.9%), from €191 to €527
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 | €26,935 | €24,043 | -€2,892 | -10.7% |
| Fixed assets | 21/28 | €4,661 | - | -€4,661 | |
| Tangible fixed assets | 22/27 | €4,661 | - | -€4,661 | |
| Furniture and vehicles | 24 | €4,661 | - | -€4,661 | |
| Current assets | 29/58 | €22,274 | €24,043 | +€1,769 | +7.9% |
| Stocks and contracts in progress | 3 | €3,874 | €5,209 | +€1,335 | +34.5% |
| Stocks | 30/36 | €3,874 | €5,209 | +€1,335 | +34.5% |
| Amounts receivable within one year | 40/41 | €17,740 | €18,215 | +€475 | +2.7% |
| Trade receivables | 40 | €816 | - | -€816 | |
| Other amounts receivable | 41 | €16,924 | €18,215 | +€1,291 | +7.6% |
| Cash at bank and in hand | 54/58 | - | €132 | +€132 | |
| Deferred charges and accrued income | 490/1 | €660 | €487 | -€173 | -26.2% |
| Total equity and liabilities | 10/49 | €26,935 | €24,043 | -€2,892 | -10.7% |
| Equity | 10/15 | €13,837 | €16,282 | +€2,445 | +17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,352 | €23,352 | = | 0.0% |
| Distributable reserves | 133 | €23,352 | €23,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,115 | -€25,670 | +€2,445 | +8.7% |
| Amounts payable | 17/49 | €13,098 | €7,761 | -€5,337 | -40.7% |
| Amounts payable after more than one year | 17 | €3,294 | - | -€3,294 | |
| Financial debts | 170/4 | €3,294 | - | -€3,294 | |
| Amounts payable within one year | 42/48 | €9,804 | €7,761 | -€2,043 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €5,076 | €3,294 | -€1,782 | -35.1% |
| Financial debts | 43 | €170 | - | -€170 | |
| Credit institutions | 430/8 | €170 | - | -€170 | |
| Trade debts | 44 | €3,993 | €1,647 | -€2,346 | -58.8% |
| Suppliers | 440/4 | €3,993 | €1,647 | -€2,346 | -58.8% |
| Taxes, remuneration and social security | 45 | €565 | €2,820 | +€2,255 | +399.1% |
| Taxes | 450/3 | €565 | €2,820 | +€2,255 | +399.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,085 | €4,661 | -€2,424 | -34.2% |
| Other operating charges | 640/8 | €191 | €527 | +€336 | +175.9% |
| Gross operating margin | 9900 | €3,875 | €6,544 | +€2,669 | +68.9% |
| Operating profit (loss) | 9901 | -€3,401 | €1,356 | +€4,757 | |
| Financial income | 75/76B | €942 | €1,314 | +€372 | +39.5% |
| Recurring financial income | 75 | €942 | €1,314 | +€372 | +39.5% |
| Financial charges | 65/66B | €563 | €225 | -€338 | -60.0% |
| Recurring financial charges | 65 | €563 | €225 | -€338 | -60.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,022 | €2,445 | +€5,467 | |
| Profit (loss) for the period | 9904 | -€3,022 | €2,445 | +€5,467 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,022 | €2,445 | +€5,467 |
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 8 October 2026 via checked.be.