AZM SOLUTIONS: 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.
AZM SOLUTIONS
Largest movements
- Receivables within one year +€95,742
up €95,742 (+327.2%), from €29,264 to €125,006
of which Other amounts receivable: +€77,459
- Cash -€13,207
down €13,207 (-41.9%), from €31,548 to €18,341
mainly Receivables within one year (-€95,742) and Tax, wage and social debts (-€3,860)
- Tangible fixed assets +€1,714
new in 2025: €1,714
- Profit (loss) carried forward +€71,149
up €71,149 (+152.3%), from €46,703 to €117,852
- Trade debts +€16,960
new in 2025: €16,960
- Tax, wage and social debts -€3,860
down €3,860 (-31.9%), from €12,108 to €8,249
- Taxes -€12,108
no longer reported in 2025 (was €12,108)
- Gross operating margin +€10,457
up €10,457 (+18.1%), from €57,613 to €68,070
- Financial income +€2,070
up €2,070 (+171.3%), from €1,208 to €3,278
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 | €60,812 | €145,061 | +€84,249 | +138.5% |
| Fixed assets | 21/28 | - | €1,714 | +€1,714 | |
| Tangible fixed assets | 22/27 | - | €1,714 | +€1,714 | |
| Furniture and vehicles | 24 | - | €1,714 | +€1,714 | |
| Current assets | 29/58 | €60,812 | €143,347 | +€82,535 | +135.7% |
| Amounts receivable within one year | 40/41 | €29,264 | €125,006 | +€95,742 | +327.2% |
| Trade receivables | 40 | €6,360 | €24,644 | +€18,284 | +287.5% |
| Other amounts receivable | 41 | €22,904 | €100,362 | +€77,459 | +338.2% |
| Cash at bank and in hand | 54/58 | €31,548 | €18,341 | -€13,207 | -41.9% |
| Total equity and liabilities | 10/49 | €60,812 | €145,061 | +€84,249 | +138.5% |
| Equity | 10/15 | €48,703 | €119,852 | +€71,149 | +146.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,703 | €117,852 | +€71,149 | +152.3% |
| Amounts payable | 17/49 | €12,108 | €25,209 | +€13,100 | +108.2% |
| Amounts payable within one year | 42/48 | €12,108 | €25,209 | +€13,100 | +108.2% |
| Trade debts | 44 | - | €16,960 | +€16,960 | |
| Suppliers | 440/4 | - | €16,960 | +€16,960 | |
| Taxes, remuneration and social security | 45 | €12,108 | €8,249 | -€3,860 | -31.9% |
| Taxes | 450/3 | €12,108 | €8,249 | -€3,860 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €153 | +€153 | |
| Gross operating margin | 9900 | €57,613 | €68,070 | +€10,457 | +18.1% |
| Operating profit (loss) | 9901 | €57,613 | €67,917 | +€10,303 | +17.9% |
| Financial income | 75/76B | €1,208 | €3,278 | +€2,070 | +171.3% |
| Recurring financial income | 75 | €1,208 | €3,278 | +€2,070 | +171.3% |
| Financial charges | 65/66B | €10 | €46 | +€36 | +355.5% |
| Recurring financial charges | 65 | €10 | €46 | +€36 | +355.5% |
| Profit (loss) for the period before taxes | 9903 | €58,812 | €71,149 | +€12,337 | +21.0% |
| Income taxes | 67/77 | €12,108 | - | -€12,108 | |
| Profit (loss) for the period | 9904 | €46,703 | €71,149 | +€24,445 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,703 | €71,149 | +€24,445 | +52.3% |
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.