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AZC: 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.

What changed

AZC

BE 0673.699.147
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€5,599
2024 · -€1,382-€4,217
Equity
€10,107
2024 · €15,706-€5,599
Cash
€526
2024 · €5,075-€4,549
Balance sheet total
€11,660
2024 · €16,494-€4,834

Largest movements

2024 to 2025
Assets
  • Cash -€4,549

    down €4,549 (-89.6%), from €5,075 to €526

    mainly Net result for the year (-€5,599)

  • Receivables within one year -€285

    down €285 (-2.5%), from €11,419 to €11,134

Equity and liabilities
  • Profit (loss) carried forward -€5,599

    down €5,599 (-73.6%), from €7,607 to €2,008

  • Trade debts +€765

    up €765 (+97.1%), from €788 to €1,553

Income statement
  • Gross operating margin -€4,802

    down €4,802 (-366.8%), from -€1,309 to -€6,111

  • Financial income +€565

    new in 2025: €565

    of which Financial income: +€565

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,382
Gross operating margin -€4,802
Financial income +€565
Financial charges +€20
Result 2025 -€5,599

Cash bridge derived

cash 2024 to 2025

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.

From operations -€4,549
Investment €0
Financing €0
Cash 2024 €5,075
Net result for the year -€5,599
Receivables within one year +€285
Trade debts +€765
Cash 2025 €526
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €16,494 €11,660 -€4,834 -29.3%
Current assets 29/58 €16,494 €11,660 -€4,834 -29.3%
Amounts receivable within one year 40/41 €11,419 €11,134 -€285 -2.5%
Other amounts receivable 41 €11,419 €11,134 -€285 -2.5%
Cash at bank and in hand 54/58 €5,075 €526 -€4,549 -89.6%
Total equity and liabilities 10/49 €16,494 €11,660 -€4,834 -29.3%
Equity 10/15 €15,706 €10,107 -€5,599 -35.6%
Contributions 10/11 €6,230 €6,230 = 0.0%
Reserves 13 €1,869 €1,869 = 0.0%
Non-distributable reserves 130/1 €1,869 €1,869 = 0.0%
Reserves not available under the articles 1311 €1,869 €1,869 = 0.0%
Profit (loss) carried forward 14 €7,607 €2,008 -€5,599 -73.6%
Amounts payable 17/49 €788 €1,553 +€765 +97.1%
Amounts payable within one year 42/48 €788 €1,553 +€765 +97.1%
Trade debts 44 €788 €1,553 +€765 +97.1%
Suppliers 440/4 €788 €1,553 +€765 +97.1%
Gross operating margin 9900 -€1,309 -€6,111 -€4,802 -366.8%
Operating profit (loss) 9901 -€1,309 -€6,111 -€4,802 -366.8%
Financial income 75/76B - €565 +€565
Recurring financial income 75 - €565 +€565
Non-recurring financial income 76B - €565 +€565
Financial charges 65/66B €73 €53 -€20 -27.4%
Recurring financial charges 65 €73 €53 -€20 -27.4%
Non-recurring financial charges 66B €73 €53 -€20 -27.4%
Profit (loss) for the period before taxes 9903 -€1,382 -€5,599 -€4,217 -305.1%
Profit (loss) for the period 9904 -€1,382 -€5,599 -€4,217 -305.1%
Profit (loss) for the period to be appropriated 9905 -€1,382 -€5,599 -€4,217 -305.1%

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 29 September 2026 via checked.be.