Azen: 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.
Azen
Largest movements
- Receivables within one year +€7,055
up €7,055 (+13.2%), from €53,484 to €60,539
of which Other amounts receivable: +€17,355
- Cash -€3,809
down €3,809 (-99.8%), from €3,816 to €7
mainly Trade debts (-€8,930) and Receivables within one year (-€7,055)
- Other debts +€12,008
up €12,008 (+187.2%), from €6,414 to €18,422
- Trade debts -€8,930
down €8,930 (-69.2%), from €12,899 to €3,969
- Tax, wage and social debts +€1,188
up €1,188 (+5.9%), from €20,117 to €21,305
- Profit (loss) carried forward -€1,020
new in 2025: -€1,020
- Purchases and services +€16,205
new in 2025: €16,205
- Gross operating margin -€14,511
down €14,511, from €11,379 to -€3,132
- Turnover +€9,917
new in 2025: €9,917
- Taxes -€3,311
no longer reported in 2025 (was €3,311)
- Other operating charges -€1,702
down €1,702 (-85.5%), from €1,990 to €288
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 | €57,300 | €60,546 | +€3,246 | +5.7% |
| Current assets | 29/58 | €57,300 | €60,546 | +€3,246 | +5.7% |
| Amounts receivable within one year | 40/41 | €53,484 | €60,539 | +€7,055 | +13.2% |
| Trade receivables | 40 | €15,300 | €5,000 | -€10,300 | -67.3% |
| Other amounts receivable | 41 | €38,184 | €55,539 | +€17,355 | +45.5% |
| Cash at bank and in hand | 54/58 | €3,816 | €7 | -€3,809 | -99.8% |
| Total equity and liabilities | 10/49 | €57,300 | €60,546 | +€3,246 | +5.7% |
| Equity | 10/15 | €17,870 | €16,850 | -€1,020 | -5.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,870 | €14,870 | = | 0.0% |
| Distributable reserves | 133 | €14,870 | €14,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,020 | -€1,020 | |
| Amounts payable | 17/49 | €39,430 | €43,696 | +€4,266 | +10.8% |
| Amounts payable within one year | 42/48 | €39,430 | €43,696 | +€4,266 | +10.8% |
| Trade debts | 44 | €12,899 | €3,969 | -€8,930 | -69.2% |
| Suppliers | 440/4 | €12,899 | €3,969 | -€8,930 | -69.2% |
| Taxes, remuneration and social security | 45 | €20,117 | €21,305 | +€1,188 | +5.9% |
| Taxes | 450/3 | €20,117 | €21,305 | +€1,188 | +5.9% |
| Other amounts payable | 47/48 | €6,414 | €18,422 | +€12,008 | +187.2% |
| Turnover | 70 | - | €9,917 | +€9,917 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €16,205 | +€16,205 | |
| Other operating charges | 640/8 | €1,990 | €288 | -€1,702 | -85.5% |
| Gross operating margin | 9900 | €11,379 | -€3,132 | -€14,511 | |
| Operating profit (loss) | 9901 | €9,389 | -€3,420 | -€12,809 | |
| Financial income | 75/76B | €1,807 | €2,539 | +€732 | +40.5% |
| Recurring financial income | 75 | €1,807 | €2,539 | +€732 | +40.5% |
| Financial charges | 65/66B | €286 | €140 | -€146 | -51.0% |
| Recurring financial charges | 65 | €286 | €140 | -€146 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €10,911 | -€1,020 | -€11,931 | |
| Income taxes | 67/77 | €3,311 | - | -€3,311 | |
| Profit (loss) for the period | 9904 | €7,599 | -€1,020 | -€8,619 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,599 | -€1,020 | -€8,619 |
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 1 October 2026 via checked.be.