A.S.A.: 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.
A.S.A.
Largest movements
- Cash -€39,129
down €39,129 (-61.9%), from €63,182 to €24,053
mainly Investment in fixed assets (net) (-€43,900) and Receivables within one year (-€32,286)
- Tangible fixed assets +€35,161
up €35,161 (+1180.0%), from €2,980 to €38,141
of which Furniture and vehicles: +€36,003
- Receivables within one year +€32,286
new in 2024: €32,286
- Intangible fixed assets -€18,150
down €18,150 (-19.7%), from €92,263 to €74,113
- Deferred charges and accrued income -€10,378
down €10,378 (-30.1%), from €34,445 to €24,067
- Current portion of long-term debt +€14,471
up €14,471 (+58.5%), from €24,747 to €39,218
- Other debts -€9,633
down €9,633 (-41.8%), from €23,050 to €13,417
- Tax, wage and social debts -€3,685
down €3,685 (-20.3%), from €18,179 to €14,494
- Gross operating margin -€39,946
down €39,946 (-46.2%), from €86,433 to €46,487
- Taxes -€9,898
down €9,898 (-63.1%), from €15,696 to €5,798
- Depreciation +€8,007
up €8,007 (+42.4%), from €18,882 to €26,889
- Other operating charges -€2,164
down €2,164 (-83.3%), from €2,599 to €435
- Financial charges +€966
up €966 (+124.7%), from €774 to €1,740
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,870 | €192,660 | -€210 | -0.1% |
| Fixed assets | 21/28 | €95,242 | €112,254 | +€17,011 | +17.9% |
| Intangible fixed assets | 21 | €92,263 | €74,113 | -€18,150 | -19.7% |
| Tangible fixed assets | 22/27 | €2,980 | €38,141 | +€35,161 | +1180.0% |
| Plant, machinery and equipment | 23 | €1,458 | €774 | -€685 | -46.9% |
| Furniture and vehicles | 24 | - | €36,003 | +€36,003 | |
| Other tangible fixed assets | 26 | €1,522 | €1,365 | -€157 | -10.3% |
| Current assets | 29/58 | €97,628 | €80,406 | -€17,222 | -17.6% |
| Amounts receivable within one year | 40/41 | - | €32,286 | +€32,286 | |
| Other amounts receivable | 41 | - | €32,286 | +€32,286 | |
| Cash at bank and in hand | 54/58 | €63,182 | €24,053 | -€39,129 | -61.9% |
| Deferred charges and accrued income | 490/1 | €34,445 | €24,067 | -€10,378 | -30.1% |
| Total equity and liabilities | 10/49 | €192,870 | €192,660 | -€210 | -0.1% |
| Equity | 10/15 | €59,326 | €59,326 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,726 | €40,726 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,866 | €38,866 | = | 0.0% |
| Amounts payable | 17/49 | €133,545 | €133,334 | -€210 | -0.2% |
| Amounts payable after more than one year | 17 | €63,534 | €63,181 | -€352 | -0.6% |
| Financial debts | 170/4 | €63,534 | €63,181 | -€352 | -0.6% |
| Amounts payable within one year | 42/48 | €70,011 | €70,153 | +€142 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €24,747 | €39,218 | +€14,471 | +58.5% |
| Trade debts | 44 | €4,036 | €3,023 | -€1,012 | -25.1% |
| Suppliers | 440/4 | €4,036 | €3,023 | -€1,012 | -25.1% |
| Taxes, remuneration and social security | 45 | €18,179 | €14,494 | -€3,685 | -20.3% |
| Taxes | 450/3 | €18,179 | €14,494 | -€3,685 | -20.3% |
| Other amounts payable | 47/48 | €23,050 | €13,417 | -€9,633 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,882 | €26,889 | +€8,007 | +42.4% |
| Other operating charges | 640/8 | €2,599 | €435 | -€2,164 | -83.3% |
| Gross operating margin | 9900 | €86,433 | €46,487 | -€39,946 | -46.2% |
| Operating profit (loss) | 9901 | €64,952 | €19,164 | -€45,788 | -70.5% |
| Financial income | 75/76B | €1,258 | €1,792 | +€534 | +42.4% |
| Recurring financial income | 75 | €1,258 | €1,792 | +€534 | +42.4% |
| Financial charges | 65/66B | €774 | €1,740 | +€966 | +124.7% |
| Recurring financial charges | 65 | €774 | €1,740 | +€966 | +124.7% |
| Profit (loss) for the period before taxes | 9903 | €65,436 | €19,215 | -€46,221 | -70.6% |
| Income taxes | 67/77 | €15,696 | €5,798 | -€9,898 | -63.1% |
| Profit (loss) for the period | 9904 | €49,740 | €13,417 | -€36,323 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,740 | €13,417 | -€36,323 | -73.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.