AZANS: 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.
AZANS
Largest movements
- Stocks and contracts +€22,421
up €22,421 (+41.6%), from €53,877 to €76,298
- Cash +€1,830
up €1,830 (+19.6%), from €9,334 to €11,164
mainly Net result for the year (+€23,777) and Other debts (+€3,785)
- Reserves +€23,777
up €23,777 (+91.6%), from €25,961 to €49,738
- Other debts +€3,785
up €3,785 (+63.8%), from €5,933 to €9,718
- Trade debts -€2,141
down €2,141 (-29.9%), from €7,172 to €5,031
- Tax, wage and social debts -€1,454
down €1,454 (-15.2%), from €9,590 to €8,136
of which Remuneration and social security: -€3,000
- Taxes +€1,546
up €1,546 (+23.5%), from €6,590 to €8,136
- Gross operating margin -€568
down €568 (-1.6%), from €35,949 to €35,381
- Financial charges -€402
down €402 (-13.9%), from €2,896 to €2,494
- Other operating charges +€396
up €396 (+68.6%), from €578 to €974
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 | €63,656 | €87,623 | +€23,967 | +37.7% |
| Current assets | 29/58 | €63,656 | €87,623 | +€23,967 | +37.7% |
| Stocks and contracts in progress | 3 | €53,877 | €76,298 | +€22,421 | +41.6% |
| Stocks | 30/36 | €53,877 | €76,298 | +€22,421 | +41.6% |
| Amounts receivable within one year | 40/41 | €445 | €161 | -€284 | -63.8% |
| Other amounts receivable | 41 | €445 | €161 | -€284 | -63.8% |
| Cash at bank and in hand | 54/58 | €9,334 | €11,164 | +€1,830 | +19.6% |
| Total equity and liabilities | 10/49 | €63,656 | €87,623 | +€23,967 | +37.7% |
| Equity | 10/15 | €40,961 | €64,738 | +€23,777 | +58.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €25,961 | €49,738 | +€23,777 | +91.6% |
| Distributable reserves | 133 | €25,961 | €49,738 | +€23,777 | +91.6% |
| Amounts payable | 17/49 | €22,695 | €22,885 | +€190 | +0.8% |
| Amounts payable within one year | 42/48 | €22,695 | €22,885 | +€190 | +0.8% |
| Trade debts | 44 | €7,172 | €5,031 | -€2,141 | -29.9% |
| Suppliers | 440/4 | €7,172 | €5,031 | -€2,141 | -29.9% |
| Taxes, remuneration and social security | 45 | €9,590 | €8,136 | -€1,454 | -15.2% |
| Taxes | 450/3 | €6,590 | €8,136 | +€1,546 | +23.5% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €5,933 | €9,718 | +€3,785 | +63.8% |
| Other operating charges | 640/8 | €578 | €974 | +€396 | +68.6% |
| Gross operating margin | 9900 | €35,949 | €35,381 | -€568 | -1.6% |
| Operating profit (loss) | 9901 | €35,372 | €34,408 | -€964 | -2.7% |
| Financial income | 75/76B | €76 | €0 | -€75 | -100.0% |
| Recurring financial income | 75 | €76 | €0 | -€75 | -100.0% |
| Financial charges | 65/66B | €2,896 | €2,494 | -€402 | -13.9% |
| Recurring financial charges | 65 | €2,896 | €2,494 | -€402 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €32,552 | €31,914 | -€638 | -2.0% |
| Income taxes | 67/77 | €6,590 | €8,136 | +€1,546 | +23.5% |
| Profit (loss) for the period | 9904 | €25,961 | €23,777 | -€2,184 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,961 | €23,777 | -€2,184 | -8.4% |
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 13 October 2026 via checked.be.