AZA Battery: what changed
AZA Battery
Largest movements
- Cash -€569,609
down €569,609 (-93.8%), from €607,134 to €37,525
mainly Investment in fixed assets (net) (-€783,936) and Net result for the year (-€595,164)
- Tangible fixed assets +€249,757
up €249,757 (+11.4%), from €2.2m to €2.4m
of which Assets under construction and advance payments: +€230,428
- Intangible fixed assets +€202,636
up €202,636 (+37.2%), from €545,346 to €747,982
- Receivables within one year +€162,639
up €162,639 (+6.5%), from €2.5m to €2.7m
of which Trade receivables: +€147,033
- Profit (loss) carried forward -€595,164
down €595,164 (-61.0%), from -€975,694 to -€1.6m
- Contributions +€500,088
up €500,088 (+10.1%), from €5.0m to €5.5m
- Other debts +€137,884
up €137,884 (+19.6%), from €704,791 to €842,675
- Depreciation +€263,976
up €263,976 (+391%), from €67,566 to €331,542
- Gross operating margin +€138,482
up €138,482 (+34.2%), from -€404,867 to -€266,385
- Financial charges +€34,202
up €34,202 (+537%), from €6,373 to €40,575
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 | €7,709,325 | €7,754,617 | +€45,293 | +0.6% |
| Fixed assets | 21/28 | €4,599,789 | €5,052,182 | +€452,393 | +9.8% |
| Intangible fixed assets | 21 | €545,346 | €747,982 | +€202,636 | +37.2% |
| Tangible fixed assets | 22/27 | €2,182,683 | €2,432,440 | +€249,757 | +11.4% |
| Plant, machinery and equipment | 23 | €182,159 | €202,522 | +€20,363 | +11.2% |
| Furniture and vehicles | 24 | €1,299 | €266 | -€1,033 | -79.5% |
| Assets under construction and advance payments | 27 | €1,999,224 | €2,229,652 | +€230,428 | +11.5% |
| Financial fixed assets | 28 | €1,871,760 | €1,871,760 | = | 0.0% |
| Current assets | 29/58 | €3,109,535 | €2,702,435 | -€407,100 | -13.1% |
| Amounts receivable within one year | 40/41 | €2,500,776 | €2,663,415 | +€162,639 | +6.5% |
| Trade receivables | 40 | €16,720 | €163,753 | +€147,033 | +879% |
| Other amounts receivable | 41 | €2,484,056 | €2,499,662 | +€15,607 | +0.6% |
| Cash at bank and in hand | 54/58 | €607,134 | €37,525 | -€569,609 | -93.8% |
| Deferred charges and accrued income | 490/1 | €1,626 | €1,495 | -€131 | -8.1% |
| Total equity and liabilities | 10/49 | €7,709,325 | €7,754,617 | +€45,293 | +0.6% |
| Equity | 10/15 | €3,997,654 | €3,902,577 | -€95,076 | -2.4% |
| Contributions | 10/11 | €4,973,348 | €5,473,436 | +€500,088 | +10.1% |
| Profit (loss) carried forward | 14 | -€975,694 | -€1,570,859 | -€595,164 | -61.0% |
| Amounts payable | 17/49 | €3,711,671 | €3,852,040 | +€140,369 | +3.8% |
| Amounts payable after more than one year | 17 | €2,813,095 | €2,813,095 | = | 0.0% |
| Financial debts | 170/4 | €2,813,095 | €2,813,095 | = | 0.0% |
| Amounts payable within one year | 42/48 | €898,576 | €1,038,945 | +€140,369 | +15.6% |
| Trade debts | 44 | €178,384 | €193,630 | +€15,246 | +8.5% |
| Suppliers | 440/4 | €178,384 | €193,630 | +€15,246 | +8.5% |
| Taxes, remuneration and social security | 45 | €15,401 | €2,640 | -€12,761 | -82.9% |
| Taxes | 450/3 | €3,608 | €894 | -€2,714 | -75.2% |
| Remuneration and social security | 454/9 | €11,793 | €1,746 | -€10,046 | -85.2% |
| Other amounts payable | 47/48 | €704,791 | €842,675 | +€137,884 | +19.6% |
| Remuneration, social security and pensions | 62 | €2,853 | €5,952 | +€3,099 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,566 | €331,542 | +€263,976 | +391% |
| Other operating charges | 640/8 | €1,068 | €1,298 | +€231 | +21.6% |
| Gross operating margin | 9900 | -€404,867 | -€266,385 | +€138,482 | +34.2% |
| Operating profit (loss) | 9901 | -€476,353 | -€605,177 | -€128,824 | -27.0% |
| Financial income | 75/76B | €53,365 | €50,587 | -€2,777 | -5.2% |
| Recurring financial income | 75 | €53,365 | €50,587 | -€2,777 | -5.2% |
| Financial charges | 65/66B | €6,373 | €40,575 | +€34,202 | +537% |
| Recurring financial charges | 65 | €6,373 | €40,575 | +€34,202 | +537% |
| Profit (loss) for the period before taxes | 9903 | -€429,361 | -€595,164 | -€165,803 | -38.6% |
| Profit (loss) for the period | 9904 | -€429,361 | -€595,164 | -€165,803 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€429,361 | -€595,164 | -€165,803 | -38.6% |
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 8 November 2026 via checked.be.