AZTRIX: 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.
AZTRIX
Largest movements
- Intangible fixed assets -€60,225
down €60,225 (-5.4%), from €1.1m to €1.0m
- Receivables within one year -€35,307
down €35,307 (-51.6%), from €68,383 to €33,076
of which Trade receivables: -€31,444
- Cash +€19,636
up €19,636, from €0 to €19,636
mainly Contributions, distributions and other (+€952,500) and Depreciation (+€439,488)
- Contributions +€952,500
up €952,500 (+39.0%), from €2.4m to €3.4m
- Other debts -€659,212
down €659,212 (-99.9%), from €659,683 to €471
- Profit (loss) carried forward -€352,227
down €352,227 (-17.5%), from -€2.0m to -€2.4m
- Trade debts -€27,261
down €27,261 (-81.4%), from €33,472 to €6,211
- Tax, wage and social debts +€19,951
up €19,951 (+34.8%), from €57,376 to €77,327
of which Remuneration and social security: +€16,565
- Gross operating margin -€55,285
down €55,285 (-14.4%), from €383,719 to €328,434
- Depreciation +€41,429
up €41,429 (+10.4%), from €398,059 to €439,488
- Staff costs +€9,959
up €9,959 (+4.1%), from €245,613 to €255,572
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 | €1,177,196 | €1,106,746 | -€70,450 | -6.0% |
| Formation expenses | 20 | €1,605 | €5,764 | +€4,158 | +259% |
| Fixed assets | 21/28 | €1,107,208 | €1,046,983 | -€60,225 | -5.4% |
| Intangible fixed assets | 21 | €1,106,808 | €1,046,583 | -€60,225 | -5.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €68,383 | €54,000 | -€14,383 | -21.0% |
| Amounts receivable within one year | 40/41 | €68,383 | €33,076 | -€35,307 | -51.6% |
| Trade receivables | 40 | €33,416 | €1,973 | -€31,444 | -94.1% |
| Other amounts receivable | 41 | €34,967 | €31,104 | -€3,863 | -11.0% |
| Cash at bank and in hand | 54/58 | €0 | €19,636 | +€19,636 | |
| Deferred charges and accrued income | 490/1 | €0 | €1,287 | +€1,287 | |
| Total equity and liabilities | 10/49 | €1,177,196 | €1,106,746 | -€70,450 | -6.0% |
| Equity | 10/15 | €422,464 | €1,022,737 | +€600,273 | +142% |
| Contributions | 10/11 | €2,439,725 | €3,392,225 | +€952,500 | +39.0% |
| Capital | 10 | €2,439,725 | €3,392,225 | +€952,500 | +39.0% |
| Issued capital | 100 | €2,439,725 | €3,392,225 | +€952,500 | +39.0% |
| Profit (loss) carried forward | 14 | -€2,017,261 | -€2,369,488 | -€352,227 | -17.5% |
| Amounts payable | 17/49 | €754,732 | €84,009 | -€670,723 | -88.9% |
| Amounts payable within one year | 42/48 | €754,732 | €84,009 | -€670,723 | -88.9% |
| Financial debts | 43 | €4,201 | €0 | -€4,201 | -100% |
| Credit institutions | 430/8 | €4,201 | €0 | -€4,201 | -100% |
| Trade debts | 44 | €33,472 | €6,211 | -€27,261 | -81.4% |
| Suppliers | 440/4 | €33,472 | €6,211 | -€27,261 | -81.4% |
| Taxes, remuneration and social security | 45 | €57,376 | €77,327 | +€19,951 | +34.8% |
| Taxes | 450/3 | €9,690 | €13,076 | +€3,386 | +34.9% |
| Remuneration and social security | 454/9 | €47,686 | €64,251 | +€16,565 | +34.7% |
| Other amounts payable | 47/48 | €659,683 | €471 | -€659,212 | -99.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €245,613 | €255,572 | +€9,959 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398,059 | €439,488 | +€41,429 | +10.4% |
| Other operating charges | 640/8 | €1,597 | €1,130 | -€467 | -29.3% |
| Gross operating margin | 9900 | €383,719 | €328,434 | -€55,285 | -14.4% |
| Operating profit (loss) | 9901 | -€261,550 | -€367,757 | -€106,206 | -40.6% |
| Financial income | 75/76B | €1 | €41 | +€39 | +3,133% |
| Recurring financial income | 75 | €1 | €41 | +€39 | +3,133% |
| Financial charges | 65/66B | €327 | €498 | +€170 | +52.1% |
| Recurring financial charges | 65 | €327 | €498 | +€170 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | -€261,876 | -€368,213 | -€106,337 | -40.6% |
| Income taxes | 67/77 | -€14,760 | -€15,987 | -€1,226 | -8.3% |
| Profit (loss) for the period | 9904 | -€247,116 | -€352,227 | -€105,111 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€247,116 | -€352,227 | -€105,111 | -42.5% |
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 15 October 2026 via checked.be.