FIRDAUS AZAD: 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.
FIRDAUS AZAD
Largest movements
- Cash -€18,939
down €18,939 (-23.3%), from €81,183 to €62,243
mainly Trade debts (-€28,319) and Tax, wage and social debts (-€11,599)
- Tangible fixed assets -€18,724
down €18,724 (-28.7%), from €65,127 to €46,404
of which Plant, machinery and equipment: -€16,352
- Trade debts -€28,319
down €28,319 (-38.6%), from €73,440 to €45,121
- Tax, wage and social debts -€11,599
down €11,599 (-19.9%), from €58,298 to €46,698
of which Taxes: -€23,476
- Accrued charges and deferred income +€3,958
new in 2025: €3,958
- Staff costs +€87,647
up €87,647 (+28.3%), from €309,178 to €396,824
- Gross operating margin +€61,897
up €61,897 (+17.1%), from €361,566 to €423,463
- Taxes -€8,967
down €8,967 (-93.8%), from €9,557 to €590
- Financial charges +€6,381
up €6,381, from -€0 to €6,380
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 | €185,234 | €148,831 | -€36,403 | -19.7% |
| Fixed assets | 21/28 | €65,127 | €46,404 | -€18,724 | -28.7% |
| Tangible fixed assets | 22/27 | €65,127 | €46,404 | -€18,724 | -28.7% |
| Plant, machinery and equipment | 23 | €49,803 | €33,451 | -€16,352 | -32.8% |
| Furniture and vehicles | 24 | €13,166 | €11,111 | -€2,055 | -15.6% |
| Other tangible fixed assets | 26 | €2,158 | €1,841 | -€317 | -14.7% |
| Current assets | 29/58 | €120,107 | €102,427 | -€17,680 | -14.7% |
| Amounts receivable within one year | 40/41 | €38,925 | €40,184 | +€1,260 | +3.2% |
| Other amounts receivable | 41 | €38,925 | €40,184 | +€1,260 | +3.2% |
| Cash at bank and in hand | 54/58 | €81,183 | €62,243 | -€18,939 | -23.3% |
| Total equity and liabilities | 10/49 | €185,234 | €148,831 | -€36,403 | -19.7% |
| Equity | 10/15 | €53,497 | €53,054 | -€443 | -0.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €43,593 | €43,593 | = | 0.0% |
| Distributable reserves | 133 | €43,593 | €43,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96 | -€539 | -€443 | -460% |
| Amounts payable | 17/49 | €131,738 | €95,777 | -€35,960 | -27.3% |
| Amounts payable within one year | 42/48 | €131,738 | €91,819 | -€39,918 | -30.3% |
| Trade debts | 44 | €73,440 | €45,121 | -€28,319 | -38.6% |
| Suppliers | 440/4 | €73,440 | €45,121 | -€28,319 | -38.6% |
| Taxes, remuneration and social security | 45 | €58,298 | €46,698 | -€11,599 | -19.9% |
| Taxes | 450/3 | €58,298 | €34,821 | -€23,476 | -40.3% |
| Remuneration and social security | 454/9 | - | €11,877 | +€11,877 | |
| Accrued charges and deferred income | 492/3 | - | €3,958 | +€3,958 | |
| Non-recurring operating income | 76A | - | €110 | +€110 | |
| Remuneration, social security and pensions | 62 | €309,178 | €396,824 | +€87,647 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,815 | €18,833 | +€18 | +0.1% |
| Other operating charges | 640/8 | €6,497 | €2,619 | -€3,878 | -59.7% |
| Gross operating margin | 9900 | €361,566 | €423,463 | +€61,897 | +17.1% |
| Operating profit (loss) | 9901 | €27,075 | €5,185 | -€21,890 | -80.8% |
| Financial income | 75/76B | €0 | €1,342 | +€1,342 | +3,355,100% |
| Recurring financial income | 75 | €0 | €1,342 | +€1,342 | +3,355,100% |
| Financial charges | 65/66B | -€0 | €6,380 | +€6,381 | |
| Recurring financial charges | 65 | -€0 | €6,380 | +€6,381 | |
| Profit (loss) for the period before taxes | 9903 | €27,076 | €147 | -€26,928 | -99.5% |
| Income taxes | 67/77 | €9,557 | €590 | -€8,967 | -93.8% |
| Profit (loss) for the period | 9904 | €17,518 | -€443 | -€17,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,518 | -€443 | -€17,961 |
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 24 October 2026 via checked.be.