AZTUTECH: 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.
AZTUTECH
Largest movements
- Receivables within one year +€85,690
up €85,690 (+358.5%), from €23,905 to €109,595
of which Trade receivables: +€43,079
- Deferred charges and accrued income -€4,189
down €4,189 (-31.6%), from €13,275 to €9,086
- Cash +€3,015
up €3,015 (+17.8%), from €16,922 to €19,936
mainly Net result for the year (+€37,949) and Trade debts (+€29,429)
- Profit (loss) carried forward +€37,949
up €37,949 (+146.0%), from €25,984 to €63,933
- Trade debts +€29,429
up €29,429 (+183.5%), from €16,036 to €45,465
- Tax, wage and social debts +€12,544
up €12,544 (+77.5%), from €16,183 to €28,728
of which Taxes: +€11,544
- Accrued charges and deferred income +€2,700
new in 2025: €2,700
- Gross operating margin +€39,122
up €39,122 (+145.5%), from €26,881 to €66,003
- Other operating charges +€11,384
up €11,384 (+1006.4%), from €1,131 to €12,515
- Taxes +€7,054
up €7,054 (+135.4%), from €5,209 to €12,262
- Financial income +€2,409
up €2,409 (+2638.4%), from €91 to €2,500
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 | €61,907 | €143,922 | +€82,015 | +132.5% |
| Fixed assets | 21/28 | €7,806 | €5,305 | -€2,501 | -32.0% |
| Intangible fixed assets | 21 | €4,983 | €3,779 | -€1,205 | -24.2% |
| Tangible fixed assets | 22/27 | €2,822 | €1,526 | -€1,296 | -45.9% |
| Furniture and vehicles | 24 | €2,822 | €1,526 | -€1,296 | -45.9% |
| Current assets | 29/58 | €54,102 | €138,617 | +€84,516 | +156.2% |
| Amounts receivable within one year | 40/41 | €23,905 | €109,595 | +€85,690 | +358.5% |
| Trade receivables | 40 | €7,462 | €50,541 | +€43,079 | +577.4% |
| Other amounts receivable | 41 | €16,444 | €59,055 | +€42,611 | +259.1% |
| Cash at bank and in hand | 54/58 | €16,922 | €19,936 | +€3,015 | +17.8% |
| Deferred charges and accrued income | 490/1 | €13,275 | €9,086 | -€4,189 | -31.6% |
| Total equity and liabilities | 10/49 | €61,907 | €143,922 | +€82,015 | +132.5% |
| Equity | 10/15 | €27,984 | €65,933 | +€37,949 | +135.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,984 | €63,933 | +€37,949 | +146.0% |
| Amounts payable | 17/49 | €33,923 | €77,989 | +€44,066 | +129.9% |
| Amounts payable within one year | 42/48 | €33,923 | €75,289 | +€41,366 | +121.9% |
| Trade debts | 44 | €16,036 | €45,465 | +€29,429 | +183.5% |
| Suppliers | 440/4 | €16,036 | €45,465 | +€29,429 | +183.5% |
| Taxes, remuneration and social security | 45 | €16,183 | €28,728 | +€12,544 | +77.5% |
| Taxes | 450/3 | €16,183 | €27,728 | +€11,544 | +71.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €1,704 | €1,096 | -€608 | -35.7% |
| Accrued charges and deferred income | 492/3 | - | €2,700 | +€2,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,202 | €2,501 | +€298 | +13.5% |
| Other operating charges | 640/8 | €1,131 | €12,515 | +€11,384 | +1006.4% |
| Gross operating margin | 9900 | €26,881 | €66,003 | +€39,122 | +145.5% |
| Operating profit (loss) | 9901 | €23,548 | €50,988 | +€27,440 | +116.5% |
| Financial income | 75/76B | €91 | €2,500 | +€2,409 | +2638.4% |
| Recurring financial income | 75 | €91 | €2,500 | +€2,409 | +2638.4% |
| Financial charges | 65/66B | €3,776 | €3,276 | -€499 | -13.2% |
| Recurring financial charges | 65 | €3,776 | €3,276 | -€499 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €19,864 | €50,211 | +€30,348 | +152.8% |
| Income taxes | 67/77 | €5,209 | €12,262 | +€7,054 | +135.4% |
| Profit (loss) for the period | 9904 | €14,655 | €37,949 | +€23,294 | +158.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,655 | €37,949 | +€23,294 | +158.9% |
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 7 October 2026 via checked.be.