BR AZIZA: 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.
BR AZIZA
Largest movements
- Receivables within one year +€13,322
up €13,322 (+31.0%), from €43,044 to €56,366
of which Trade receivables: +€14,797
- Tangible fixed assets +€5,672
up €5,672 (+156%), from €3,627 to €9,299
- Cash -€3,289
down €3,289 (-51.5%), from €6,381 to €3,093
mainly Advances received (-€26,087) and Receivables within one year (-€13,322)
- Deferred charges and accrued income +€1,321
new in 2025: €1,321
- Advances received -€26,087
no longer reported in 2025 (was €26,087)
- Trade debts +€21,276
up €21,276 (+92.7%), from €22,962 to €44,238
- Profit (loss) carried forward +€15,746
up €15,746 (+1,260%), from €1,250 to €16,995
- Tax, wage and social debts +€7,228
new in 2025: €7,228
- Other debts -€740
down €740 (-98.2%), from €753 to €13
- Gross operating margin +€17,774
up €17,774 (+1,290%), from €1,378 to €19,152
- Depreciation +€2,105
up €2,105 (+2,892%), from €73 to €2,178
- Other operating charges +€1,046
new in 2025: €1,046
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 | €53,052 | €70,475 | +€17,422 | +32.8% |
| Fixed assets | 21/28 | €3,627 | €9,694 | +€6,067 | +167% |
| Tangible fixed assets | 22/27 | €3,627 | €9,299 | +€5,672 | +156% |
| Furniture and vehicles | 24 | €3,627 | €9,299 | +€5,672 | +156% |
| Financial fixed assets | 28 | - | €395 | +€395 | |
| Current assets | 29/58 | €49,425 | €60,780 | +€11,355 | +23.0% |
| Amounts receivable within one year | 40/41 | €43,044 | €56,366 | +€13,322 | +31.0% |
| Trade receivables | 40 | €41,569 | €56,366 | +€14,797 | +35.6% |
| Other amounts receivable | 41 | €1,475 | - | -€1,475 | |
| Cash at bank and in hand | 54/58 | €6,381 | €3,093 | -€3,289 | -51.5% |
| Deferred charges and accrued income | 490/1 | - | €1,321 | +€1,321 | |
| Total equity and liabilities | 10/49 | €53,052 | €70,475 | +€17,422 | +32.8% |
| Equity | 10/15 | €3,250 | €18,995 | +€15,746 | +484% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,250 | €16,995 | +€15,746 | +1,260% |
| Amounts payable | 17/49 | €49,802 | €51,479 | +€1,677 | +3.4% |
| Amounts payable within one year | 42/48 | €49,802 | €51,479 | +€1,677 | +3.4% |
| Trade debts | 44 | €22,962 | €44,238 | +€21,276 | +92.7% |
| Suppliers | 440/4 | €22,962 | €44,238 | +€21,276 | +92.7% |
| Advances received on contracts in progress | 46 | €26,087 | - | -€26,087 | |
| Taxes, remuneration and social security | 45 | - | €7,228 | +€7,228 | |
| Taxes | 450/3 | - | €7,228 | +€7,228 | |
| Other amounts payable | 47/48 | €753 | €13 | -€740 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73 | €2,178 | +€2,105 | +2,892% |
| Other operating charges | 640/8 | - | €1,046 | +€1,046 | |
| Gross operating margin | 9900 | €1,378 | €19,152 | +€17,774 | +1,290% |
| Operating profit (loss) | 9901 | €1,305 | €15,928 | +€14,623 | +1,121% |
| Financial charges | 65/66B | €55 | €183 | +€128 | +232% |
| Recurring financial charges | 65 | €55 | €183 | +€128 | +232% |
| Profit (loss) for the period before taxes | 9903 | €1,250 | €15,746 | +€14,496 | +1,160% |
| Profit (loss) for the period | 9904 | €1,250 | €15,746 | +€14,496 | +1,160% |
| Profit (loss) for the period to be appropriated | 9905 | €1,250 | €15,746 | +€14,496 | +1,160% |
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.