AZ TRANS BELGIUM: what changed
AZ TRANS BELGIUM
Largest movements
- Cash -€45,648
down €45,648 (-57.4%), from €79,551 to €33,903
mainly Other debts (-€98,789) and Tax, wage and social debts (-€8,110)
- Receivables within one year +€4,147
up €4,147 (+5.7%), from €73,179 to €77,326
of which Trade receivables: +€4,527
- Other debts -€98,789
down €98,789 (-67.4%), from €146,638 to €47,849
- Profit (loss) carried forward +€33,532
up €33,532 (+1,718%), from €1,952 to €35,483
- Trade debts +€31,867
up €31,867 (+164%), from €19,455 to €51,322
- Tax, wage and social debts -€8,110
down €8,110 (-41.3%), from €19,656 to €11,546
of which Taxes: -€9,558
- Turnover -€370,542
no longer reported in 2025 (was €370,542)
- Purchases and services -€217,147
no longer reported in 2025 (was €217,147)
- Gross operating margin -€36,200
down €36,200 (-23.6%), from €153,394 to €117,194
- Depreciation -€17,763
no longer reported in 2025 (was €17,763)
- Taxes -€6,439
down €6,439 (-39.6%), from €16,251 to €9,812
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,161 | €166,660 | -€41,501 | -19.9% |
| Fixed assets | 21/28 | €55,431 | €55,431 | = | 0.0% |
| Tangible fixed assets | 22/27 | €55,431 | €55,431 | = | 0.0% |
| Furniture and vehicles | 24 | €55,431 | €55,431 | = | 0.0% |
| Current assets | 29/58 | €152,730 | €111,229 | -€41,501 | -27.2% |
| Amounts receivable within one year | 40/41 | €73,179 | €77,326 | +€4,147 | +5.7% |
| Trade receivables | 40 | €43,169 | €47,697 | +€4,527 | +10.5% |
| Other amounts receivable | 41 | €30,009 | €29,629 | -€380 | -1.3% |
| Cash at bank and in hand | 54/58 | €79,551 | €33,903 | -€45,648 | -57.4% |
| Total equity and liabilities | 10/49 | €208,161 | €166,660 | -€41,501 | -19.9% |
| Equity | 10/15 | €22,412 | €55,943 | +€33,532 | +150% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €1,952 | €35,483 | +€33,532 | +1,718% |
| Amounts payable | 17/49 | €185,750 | €110,717 | -€75,033 | -40.4% |
| Amounts payable within one year | 42/48 | €185,750 | €110,717 | -€75,033 | -40.4% |
| Trade debts | 44 | €19,455 | €51,322 | +€31,867 | +164% |
| Suppliers | 440/4 | €19,455 | €51,322 | +€31,867 | +164% |
| Taxes, remuneration and social security | 45 | €19,656 | €11,546 | -€8,110 | -41.3% |
| Taxes | 450/3 | €19,656 | €10,099 | -€9,558 | -48.6% |
| Remuneration and social security | 454/9 | - | €1,447 | +€1,447 | |
| Other amounts payable | 47/48 | €146,638 | €47,849 | -€98,789 | -67.4% |
| Turnover | 70 | €370,542 | - | -€370,542 | |
| Goods, raw materials, services and sundry goods | 60/61 | €217,147 | - | -€217,147 | |
| Remuneration, social security and pensions | 62 | €58,944 | €63,534 | +€4,590 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,763 | - | -€17,763 | |
| Other operating charges | 640/8 | €4,288 | €10,074 | +€5,785 | +135% |
| Gross operating margin | 9900 | €153,394 | €117,194 | -€36,200 | -23.6% |
| Operating profit (loss) | 9901 | €72,399 | €43,586 | -€28,813 | -39.8% |
| Financial income | 75/76B | €984 | - | -€984 | |
| Recurring financial income | 75 | €984 | - | -€984 | |
| Financial charges | 65/66B | €494 | €242 | -€252 | -51.0% |
| Recurring financial charges | 65 | €494 | €242 | -€252 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €72,889 | €43,344 | -€29,545 | -40.5% |
| Income taxes | 67/77 | €16,251 | €9,812 | -€6,439 | -39.6% |
| Profit (loss) for the period | 9904 | €56,638 | €33,532 | -€23,107 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,638 | €33,532 | -€23,107 | -40.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.