AZDECAN: 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.
AZDECAN
Largest movements
- Stocks and contracts -€3,178
no longer reported in 2025 (was €3,178)
- Tangible fixed assets +€1,242
new in 2025: €1,242
- Cash +€1,229
up €1,229 (+101%), from €1,213 to €2,442
mainly Stocks and contracts (+€3,178) and Trade debts (+€2,210)
- Deferred charges and accrued income -€399
down €399 (-95.2%), from €419 to €20
- Receivables within one year +€168
up €168 (+138%), from €122 to €290
- Trade debts +€2,210
up €2,210 (+50.2%), from €4,405 to €6,615
- Debts after one year -€2,000
down €2,000 (-10.8%), from €18,500 to €16,500
- Profit (loss) carried forward -€1,455
down €1,455 (-5.7%), from -€25,521 to -€26,976
- Other debts +€308
up €308 (+177%), from €174 to €483
- Gross operating margin -€3,936
down €3,936, from €3,025 to -€911
- Financial charges -€741
down €741 (-90.0%), from €824 to €82
- Taxes -€428
no longer reported in 2025 (was €428)
- Other operating charges +€190
up €190 (+165%), from €115 to €305
- Depreciation +€158
new in 2025: €158
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 | €7,392 | €6,455 | -€937 | -12.7% |
| Fixed assets | 21/28 | €2,460 | €3,702 | +€1,242 | +50.5% |
| Tangible fixed assets | 22/27 | - | €1,242 | +€1,242 | |
| Plant, machinery and equipment | 23 | - | €1,242 | +€1,242 | |
| Financial fixed assets | 28 | €2,460 | €2,460 | = | 0.0% |
| Current assets | 29/58 | €4,932 | €2,753 | -€2,179 | -44.2% |
| Stocks and contracts in progress | 3 | €3,178 | - | -€3,178 | |
| Stocks | 30/36 | €3,178 | - | -€3,178 | |
| Amounts receivable within one year | 40/41 | €122 | €290 | +€168 | +138% |
| Other amounts receivable | 41 | €122 | €290 | +€168 | +138% |
| Cash at bank and in hand | 54/58 | €1,213 | €2,442 | +€1,229 | +101% |
| Deferred charges and accrued income | 490/1 | €419 | €20 | -€399 | -95.2% |
| Total equity and liabilities | 10/49 | €7,392 | €6,455 | -€937 | -12.7% |
| Equity | 10/15 | -€16,115 | -€17,571 | -€1,455 | -9.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,406 | €6,406 | = | 0.0% |
| Distributable reserves | 133 | €6,406 | €6,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,521 | -€26,976 | -€1,455 | -5.7% |
| Amounts payable | 17/49 | €23,508 | €24,026 | +€518 | +2.2% |
| Amounts payable after more than one year | 17 | €18,500 | €16,500 | -€2,000 | -10.8% |
| Other amounts payable | 178/9 | €18,500 | €16,500 | -€2,000 | -10.8% |
| Amounts payable within one year | 42/48 | €5,008 | €7,526 | +€2,518 | +50.3% |
| Trade debts | 44 | €4,405 | €6,615 | +€2,210 | +50.2% |
| Suppliers | 440/4 | €4,405 | €6,615 | +€2,210 | +50.2% |
| Taxes, remuneration and social security | 45 | €428 | €428 | = | 0.0% |
| Taxes | 450/3 | €428 | €428 | = | 0.0% |
| Other amounts payable | 47/48 | €174 | €483 | +€308 | +177% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €158 | +€158 | |
| Other operating charges | 640/8 | €115 | €305 | +€190 | +165% |
| Gross operating margin | 9900 | €3,025 | -€911 | -€3,936 | |
| Operating profit (loss) | 9901 | €2,910 | -€1,374 | -€4,284 | |
| Financial income | 75/76B | €1 | €1 | +€0 | +2.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +2.0% |
| Financial charges | 65/66B | €824 | €82 | -€741 | -90.0% |
| Recurring financial charges | 65 | €824 | €82 | -€741 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €2,087 | -€1,455 | -€3,543 | |
| Income taxes | 67/77 | €428 | - | -€428 | |
| Profit (loss) for the period | 9904 | €1,659 | -€1,455 | -€3,115 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,659 | -€1,455 | -€3,115 |
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 17 October 2026 via checked.be.