AZD COMPANY: 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.
AZD COMPANY
Largest movements
- Cash +€5,929
up €5,929 (+34.4%), from €17,218 to €23,148
mainly Stocks and contracts (+€4,249) and Receivables within one year (+€2,749)
- Stocks and contracts -€4,249
down €4,249 (-16.3%), from €26,129 to €21,880
- Receivables within one year -€2,749
down €2,749 (-2.6%), from €105,663 to €102,914
of which Trade receivables: -€4,612
- Tangible fixed assets -€2,052
down €2,052 (-24.9%), from €8,229 to €6,177
of which Plant, machinery and equipment: -€1,102
- Trade debts -€3,727
down €3,727 (-62.6%), from €5,951 to €2,224
- Gross operating margin -€7,439
down €7,439 (-65.9%), from €11,289 to €3,850
- Staff costs -€3,386
no longer reported in 2025 (was €3,386)
- Other operating charges -€1,356
down €1,356 (-73.7%), from €1,840 to €484
- Depreciation -€950
down €950 (-31.6%), from €3,002 to €2,052
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 | €157,657 | €155,188 | -€2,469 | -1.6% |
| Fixed assets | 21/28 | €8,229 | €6,177 | -€2,052 | -24.9% |
| Tangible fixed assets | 22/27 | €8,229 | €6,177 | -€2,052 | -24.9% |
| Plant, machinery and equipment | 23 | €7,279 | €6,177 | -€1,102 | -15.1% |
| Furniture and vehicles | 24 | €950 | - | -€950 | |
| Current assets | 29/58 | €149,428 | €149,011 | -€417 | -0.3% |
| Stocks and contracts in progress | 3 | €26,129 | €21,880 | -€4,249 | -16.3% |
| Stocks | 30/36 | €26,129 | €21,880 | -€4,249 | -16.3% |
| Amounts receivable within one year | 40/41 | €105,663 | €102,914 | -€2,749 | -2.6% |
| Trade receivables | 40 | €105,064 | €100,452 | -€4,612 | -4.4% |
| Other amounts receivable | 41 | €599 | €2,462 | +€1,863 | +311% |
| Cash at bank and in hand | 54/58 | €17,218 | €23,148 | +€5,929 | +34.4% |
| Deferred charges and accrued income | 490/1 | €419 | €1,070 | +€651 | +156% |
| Total equity and liabilities | 10/49 | €157,657 | €155,188 | -€2,469 | -1.6% |
| Equity | 10/15 | €18,618 | €19,228 | +€610 | +3.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,618 | €7,228 | +€610 | +9.2% |
| Amounts payable | 17/49 | €139,039 | €135,960 | -€3,079 | -2.2% |
| Amounts payable within one year | 42/48 | €139,039 | €135,960 | -€3,079 | -2.2% |
| Trade debts | 44 | €5,951 | €2,224 | -€3,727 | -62.6% |
| Suppliers | 440/4 | €5,951 | €2,224 | -€3,727 | -62.6% |
| Taxes, remuneration and social security | 45 | €1,518 | €2,166 | +€648 | +42.7% |
| Taxes | 450/3 | €759 | €1,359 | +€601 | +79.1% |
| Remuneration and social security | 454/9 | €759 | €806 | +€47 | +6.3% |
| Other amounts payable | 47/48 | €131,570 | €131,570 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €3,386 | - | -€3,386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,002 | €2,052 | -€950 | -31.6% |
| Other operating charges | 640/8 | €1,840 | €484 | -€1,356 | -73.7% |
| Gross operating margin | 9900 | €11,289 | €3,850 | -€7,439 | -65.9% |
| Operating profit (loss) | 9901 | €3,062 | €1,314 | -€1,748 | -57.1% |
| Financial charges | 65/66B | €27 | - | -€27 | |
| Recurring financial charges | 65 | €27 | - | -€27 | |
| Profit (loss) for the period before taxes | 9903 | €3,035 | €1,314 | -€1,722 | -56.7% |
| Income taxes | 67/77 | €759 | €704 | -€55 | -7.3% |
| Profit (loss) for the period | 9904 | €2,276 | €610 | -€1,666 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,276 | €610 | -€1,666 | -73.2% |
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 26 October 2026 via checked.be.