AZAMKO: 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.
AZAMKO
Largest movements
- Receivables within one year +€53
up €53 (+82.8%), from €64 to €117
- Cash +€7
up €7 (+233.3%), from €3 to €10
mainly Other debts (+€1,344)
- Other debts +€1,344
up €1,344 (+4.9%), from €27,440 to €28,784
- Profit (loss) carried forward -€978
down €978 (-2.1%), from -€47,139 to -€48,117
- Trade debts -€286
down €286 (-25.0%), from €1,146 to €860
- Short-term financial debts -€20
no longer reported in 2025 (was €20)
- Gross operating margin +€10,875
up €10,875 (+93.5%), from -€11,631 to -€756
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 | €67 | €127 | +€60 | +89.6% |
| Current assets | 29/58 | €67 | €127 | +€60 | +89.6% |
| Amounts receivable within one year | 40/41 | €64 | €117 | +€53 | +82.8% |
| Other amounts receivable | 41 | €64 | €117 | +€53 | +82.8% |
| Cash at bank and in hand | 54/58 | €3 | €10 | +€7 | +233.3% |
| Total equity and liabilities | 10/49 | €67 | €127 | +€60 | +89.6% |
| Equity | 10/15 | -€28,539 | -€29,517 | -€978 | -3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,139 | -€48,117 | -€978 | -2.1% |
| Amounts payable | 17/49 | €28,606 | €29,644 | +€1,038 | +3.6% |
| Amounts payable within one year | 42/48 | €28,606 | €29,644 | +€1,038 | +3.6% |
| Financial debts | 43 | €20 | - | -€20 | |
| Credit institutions | 430/8 | €20 | - | -€20 | |
| Trade debts | 44 | €1,146 | €860 | -€286 | -25.0% |
| Suppliers | 440/4 | €1,146 | €860 | -€286 | -25.0% |
| Other amounts payable | 47/48 | €27,440 | €28,784 | +€1,344 | +4.9% |
| Gross operating margin | 9900 | -€11,631 | -€756 | +€10,875 | +93.5% |
| Operating profit (loss) | 9901 | -€11,631 | -€756 | +€10,875 | +93.5% |
| Financial income | 75/76B | €62 | - | -€62 | |
| Recurring financial income | 75 | €62 | - | -€62 | |
| Financial charges | 65/66B | €166 | €222 | +€56 | +33.7% |
| Recurring financial charges | 65 | €166 | €222 | +€56 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,735 | -€978 | +€10,757 | +91.7% |
| Profit (loss) for the period | 9904 | -€11,735 | -€978 | +€10,757 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,735 | -€978 | +€10,757 | +91.7% |
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 7 October 2026 via checked.be.