AZIZA: 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.
AZIZA
Largest movements
- Receivables within one year -€37,543
down €37,543 (-96.2%), from €39,031 to €1,488
of which Other amounts receivable: -€37,345
- Tangible fixed assets +€25,967
up €25,967 (+375.5%), from €6,916 to €32,882
- Cash +€6,040
up €6,040 (+186.6%), from €3,237 to €9,277
mainly Receivables within one year (+€37,543) and Depreciation (+€2,130)
- Other debts -€6,000
no longer reported in 2025 (was €6,000)
- Trade debts +€594
up €594 (+1443.4%), from €41 to €636
- Depreciation -€3,131
down €3,131 (-59.5%), from €5,261 to €2,130
- Gross operating margin -€1,655
down €1,655 (-16.8%), from €9,822 to €8,167
- Taxes -€1,382
down €1,382 (-96.9%), from €1,426 to €44
- Financial charges +€444
up €444 (+424.6%), from €105 to €549
- Staff costs +€400
new in 2025: €400
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 | €49,496 | €43,906 | -€5,590 | -11.3% |
| Fixed assets | 21/28 | €7,062 | €33,028 | +€25,967 | +367.7% |
| Tangible fixed assets | 22/27 | €6,916 | €32,882 | +€25,967 | +375.5% |
| Furniture and vehicles | 24 | €6,916 | €32,882 | +€25,967 | +375.5% |
| Financial fixed assets | 28 | €146 | €146 | = | 0.0% |
| Current assets | 29/58 | €42,434 | €10,878 | -€31,556 | -74.4% |
| Amounts receivable within one year | 40/41 | €39,031 | €1,488 | -€37,543 | -96.2% |
| Trade receivables | 40 | €198 | - | -€198 | |
| Other amounts receivable | 41 | €38,833 | €1,488 | -€37,345 | -96.2% |
| Cash at bank and in hand | 54/58 | €3,237 | €9,277 | +€6,040 | +186.6% |
| Deferred charges and accrued income | 490/1 | €166 | €113 | -€53 | -31.9% |
| Total equity and liabilities | 10/49 | €49,496 | €43,906 | -€5,590 | -11.3% |
| Equity | 10/15 | €40,627 | €40,927 | +€301 | +0.7% |
| Contributions | 10/11 | €6,817 | €6,817 | = | 0.0% |
| Reserves | 13 | €1,004 | €1,004 | = | 0.0% |
| Distributable reserves | 133 | €1,004 | €1,004 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,806 | €33,107 | +€301 | +0.9% |
| Amounts payable | 17/49 | €8,869 | €2,979 | -€5,890 | -66.4% |
| Amounts payable within one year | 42/48 | €8,869 | €2,979 | -€5,890 | -66.4% |
| Trade debts | 44 | €41 | €636 | +€594 | +1443.4% |
| Suppliers | 440/4 | €41 | €636 | +€594 | +1443.4% |
| Taxes, remuneration and social security | 45 | €2,828 | €2,343 | -€485 | -17.1% |
| Taxes | 450/3 | €2,828 | €2,343 | -€485 | -17.1% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,261 | €2,130 | -€3,131 | -59.5% |
| Other operating charges | 640/8 | €919 | €713 | -€207 | -22.5% |
| Non-recurring operating charges | 66A | - | €4,031 | +€4,031 | |
| Gross operating margin | 9900 | €9,822 | €8,167 | -€1,655 | -16.8% |
| Operating profit (loss) | 9901 | €3,641 | €894 | -€2,748 | -75.5% |
| Financial charges | 65/66B | €105 | €549 | +€444 | +424.6% |
| Recurring financial charges | 65 | €105 | €549 | +€444 | +424.6% |
| Profit (loss) for the period before taxes | 9903 | €3,536 | €345 | -€3,192 | -90.3% |
| Income taxes | 67/77 | €1,426 | €44 | -€1,382 | -96.9% |
| Profit (loss) for the period | 9904 | €2,110 | €301 | -€1,809 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,110 | €301 | -€1,809 | -85.7% |
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 8 October 2026 via checked.be.