AZH SERVICES: 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.
AZH SERVICES
Largest movements
- Cash +€16,090
up €16,090 (+926%), from €1,737 to €17,827
mainly Net result for the year (+€9,860) and Depreciation (+€5,961)
- Tangible fixed assets -€5,961
down €5,961 (-52.8%), from €11,294 to €5,333
- Receivables within one year +€3,373
up €3,373 (+27.4%), from €12,294 to €15,667
of which Other amounts receivable: +€1,724
- Profit (loss) carried forward +€9,860
up €9,860 (+161%), from €6,132 to €15,992
- Trade debts +€3,311
up €3,311 (+314%), from €1,054 to €4,365
- Tax, wage and social debts +€1,145
new in 2025: €1,145
- Other debts -€815
down €815 (-4.5%), from €18,139 to €17,324
- Purchases and services -€17,390
down €17,390 (-20.8%), from €83,639 to €66,249
- Turnover -€16,387
down €16,387 (-16.3%), from €100,301 to €83,914
- Gross operating margin +€1,004
up €1,004 (+6.0%), from €16,662 to €17,666
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 | €25,325 | €38,826 | +€13,501 | +53.3% |
| Fixed assets | 21/28 | €11,294 | €5,333 | -€5,961 | -52.8% |
| Tangible fixed assets | 22/27 | €11,294 | €5,333 | -€5,961 | -52.8% |
| Furniture and vehicles | 24 | €11,294 | €5,333 | -€5,961 | -52.8% |
| Current assets | 29/58 | €14,031 | €33,494 | +€19,462 | +139% |
| Amounts receivable within one year | 40/41 | €12,294 | €15,667 | +€3,373 | +27.4% |
| Trade receivables | 40 | €8,156 | €9,805 | +€1,649 | +20.2% |
| Other amounts receivable | 41 | €4,138 | €5,861 | +€1,724 | +41.7% |
| Cash at bank and in hand | 54/58 | €1,737 | €17,827 | +€16,090 | +926% |
| Total equity and liabilities | 10/49 | €25,325 | €38,826 | +€13,501 | +53.3% |
| Equity | 10/15 | €6,132 | €15,992 | +€9,860 | +161% |
| Profit (loss) carried forward | 14 | €6,132 | €15,992 | +€9,860 | +161% |
| Amounts payable | 17/49 | €19,193 | €22,834 | +€3,642 | +19.0% |
| Amounts payable within one year | 42/48 | €19,193 | €22,834 | +€3,642 | +19.0% |
| Trade debts | 44 | €1,054 | €4,365 | +€3,311 | +314% |
| Suppliers | 440/4 | €1,054 | €4,365 | +€3,311 | +314% |
| Taxes, remuneration and social security | 45 | - | €1,145 | +€1,145 | |
| Taxes | 450/3 | - | €1,145 | +€1,145 | |
| Other amounts payable | 47/48 | €18,139 | €17,324 | -€815 | -4.5% |
| Turnover | 70 | €100,301 | €83,914 | -€16,387 | -16.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €83,639 | €66,249 | -€17,390 | -20.8% |
| Remuneration, social security and pensions | 62 | - | €343 | +€343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,961 | €5,961 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,495 | €1,268 | -€226 | -15.1% |
| Gross operating margin | 9900 | €16,662 | €17,666 | +€1,004 | +6.0% |
| Operating profit (loss) | 9901 | €9,207 | €10,093 | +€887 | +9.6% |
| Financial charges | 65/66B | €141 | €234 | +€93 | +66.3% |
| Recurring financial charges | 65 | €141 | €234 | +€93 | +66.3% |
| Profit (loss) for the period before taxes | 9903 | €9,066 | €9,860 | +€793 | +8.8% |
| Profit (loss) for the period | 9904 | €9,066 | €9,860 | +€793 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,066 | €9,860 | +€793 | +8.8% |
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.