AZTECH COMPANY: 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.
AZTECH COMPANY
Largest movements
- Cash +€36,501
up €36,501 (+67.9%), from €53,764 to €90,265
mainly Net result for the year (+€26,635) and Trade debts (+€17,568)
- Receivables within one year +€5,767
up €5,767 (+27.5%), from €20,968 to €26,735
of which Other amounts receivable: +€8,975
- Profit (loss) carried forward +€26,636
up €26,636 (+53.9%), from €49,374 to €76,010
- Trade debts +€17,568
up €17,568 (+1,227%), from €1,432 to €19,000
- Accrued charges and deferred income -€4,600
no longer reported in 2025 (was €4,600)
- Tax, wage and social debts +€3,914
up €3,914 (+22.8%), from €17,134 to €21,048
of which Taxes: +€3,914
- Gross operating margin +€24,475
up €24,475 (+154%), from €15,907 to €40,382
- Taxes +€6,707
up €6,707 (+115%), from €5,828 to €12,535
- Staff costs -€2,390
no longer reported in 2025 (was €2,390)
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 | €77,540 | €121,058 | +€43,518 | +56.1% |
| Fixed assets | 21/28 | €1,031 | €1,633 | +€602 | +58.4% |
| Tangible fixed assets | 22/27 | €1,031 | €1,633 | +€602 | +58.4% |
| Plant, machinery and equipment | 23 | €943 | €751 | -€192 | -20.4% |
| Furniture and vehicles | 24 | €88 | €882 | +€794 | +904% |
| Current assets | 29/58 | €76,510 | €119,425 | +€42,915 | +56.1% |
| Amounts receivable within one year | 40/41 | €20,968 | €26,735 | +€5,767 | +27.5% |
| Trade receivables | 40 | €9,622 | €6,414 | -€3,208 | -33.3% |
| Other amounts receivable | 41 | €11,346 | €20,321 | +€8,975 | +79.1% |
| Cash at bank and in hand | 54/58 | €53,764 | €90,265 | +€36,501 | +67.9% |
| Deferred charges and accrued income | 490/1 | €1,778 | €2,425 | +€647 | +36.4% |
| Total equity and liabilities | 10/49 | €77,540 | €121,058 | +€43,518 | +56.1% |
| Equity | 10/15 | €54,374 | €81,010 | +€26,636 | +49.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,374 | €76,010 | +€26,636 | +53.9% |
| Amounts payable | 17/49 | €23,166 | €40,048 | +€16,882 | +72.9% |
| Amounts payable within one year | 42/48 | €18,566 | €40,048 | +€21,482 | +116% |
| Trade debts | 44 | €1,432 | €19,000 | +€17,568 | +1,227% |
| Suppliers | 440/4 | €1,432 | €19,000 | +€17,568 | +1,227% |
| Taxes, remuneration and social security | 45 | €17,134 | €21,048 | +€3,914 | +22.8% |
| Taxes | 450/3 | €17,134 | €21,048 | +€3,914 | +22.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,600 | - | -€4,600 | |
| Remuneration, social security and pensions | 62 | €2,390 | - | -€2,390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €293 | -€40 | -12.0% |
| Other operating charges | 640/8 | €1,088 | €1,138 | +€50 | +4.6% |
| Gross operating margin | 9900 | €15,907 | €40,382 | +€24,475 | +154% |
| Operating profit (loss) | 9901 | €12,096 | €38,951 | +€26,855 | +222% |
| Financial income | 75/76B | €667 | €709 | +€42 | +6.3% |
| Recurring financial income | 75 | €667 | €709 | +€42 | +6.3% |
| Financial charges | 65/66B | €494 | €490 | -€4 | -0.9% |
| Recurring financial charges | 65 | €494 | €490 | -€4 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €12,269 | €39,170 | +€26,901 | +219% |
| Income taxes | 67/77 | €5,828 | €12,535 | +€6,707 | +115% |
| Profit (loss) for the period | 9904 | €6,440 | €26,635 | +€20,195 | +314% |
| Profit (loss) for the period to be appropriated | 9905 | €6,440 | €26,635 | +€20,195 | +314% |
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 28 October 2026 via checked.be.