AZAD TRADING: 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.
AZAD TRADING
Largest movements
- Tangible fixed assets +€4,384
up €4,384 (+176%), from €2,493 to €6,877
- Stocks and contracts +€3,269
new in 2025: €3,269
- Cash +€1,364
up €1,364 (+425%), from €321 to €1,685
mainly Tax, wage and social debts (+€9,131) and Other debts (+€3,436)
- Deferred charges and accrued income +€618
up €618 (+84.1%), from €735 to €1,353
- Receivables within one year -€349
down €349 (-25.3%), from €1,380 to €1,031
of which Trade receivables: -€238
- Tax, wage and social debts +€9,131
up €9,131 (+143%), from €6,405 to €15,536
of which Remuneration and social security: +€6,947
- Profit (loss) carried forward -€3,536
down €3,536 (-62.0%), from -€5,706 to -€9,243
- Other debts +€3,436
up €3,436 (+215%), from €1,601 to €5,037
- Trade debts +€256
up €256 (+9.7%), from €2,628 to €2,883
- Gross operating margin -€9,974
down €9,974 (-17.5%), from €56,857 to €46,882
- Staff costs +€5,135
up €5,135 (+12.9%), from €39,720 to €44,856
- Financial charges -€1,837
down €1,837 (-89.0%), from €2,064 to €226
- Other operating charges +€784
up €784 (+45.2%), from €1,737 to €2,521
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.
Derived cash bridge
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 | €4,928 | €14,215 | +€9,286 | +188% |
| Fixed assets | 21/28 | €2,493 | €6,877 | +€4,384 | +176% |
| Tangible fixed assets | 22/27 | €2,493 | €6,877 | +€4,384 | +176% |
| Furniture and vehicles | 24 | €2,493 | €6,877 | +€4,384 | +176% |
| Current assets | 29/58 | €2,435 | €7,338 | +€4,902 | +201% |
| Stocks and contracts in progress | 3 | - | €3,269 | +€3,269 | |
| Stocks | 30/36 | - | €3,269 | +€3,269 | |
| Amounts receivable within one year | 40/41 | €1,380 | €1,031 | -€349 | -25.3% |
| Trade receivables | 40 | €1,269 | €1,031 | -€238 | -18.7% |
| Other amounts receivable | 41 | €111 | - | -€111 | |
| Cash at bank and in hand | 54/58 | €321 | €1,685 | +€1,364 | +425% |
| Deferred charges and accrued income | 490/1 | €735 | €1,353 | +€618 | +84.1% |
| Total equity and liabilities | 10/49 | €4,928 | €14,215 | +€9,286 | +188% |
| Equity | 10/15 | -€5,705 | -€9,242 | -€3,536 | -62.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,706 | -€9,243 | -€3,536 | -62.0% |
| Amounts payable | 17/49 | €10,634 | €23,456 | +€12,823 | +121% |
| Amounts payable within one year | 42/48 | €10,634 | €23,456 | +€12,823 | +121% |
| Trade debts | 44 | €2,628 | €2,883 | +€256 | +9.7% |
| Suppliers | 440/4 | €2,628 | €2,883 | +€256 | +9.7% |
| Taxes, remuneration and social security | 45 | €6,405 | €15,536 | +€9,131 | +143% |
| Taxes | 450/3 | €1,827 | €4,011 | +€2,184 | +120% |
| Remuneration and social security | 454/9 | €4,578 | €11,525 | +€6,947 | +152% |
| Other amounts payable | 47/48 | €1,601 | €5,037 | +€3,436 | +215% |
| Remuneration, social security and pensions | 62 | €39,720 | €44,856 | +€5,135 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,308 | €2,816 | +€508 | +22.0% |
| Other operating charges | 640/8 | €1,737 | €2,521 | +€784 | +45.2% |
| Gross operating margin | 9900 | €56,857 | €46,882 | -€9,974 | -17.5% |
| Operating profit (loss) | 9901 | €13,092 | -€3,310 | -€16,402 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,064 | €226 | -€1,837 | -89.0% |
| Recurring financial charges | 65 | €2,064 | €226 | -€1,837 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | €11,028 | -€3,536 | -€14,565 | |
| Profit (loss) for the period | 9904 | €11,028 | -€3,536 | -€14,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,028 | -€3,536 | -€14,565 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.