A.S.C.N.: 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.
A.S.C.N.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves -€46,170
down €46,170 (-28.5%), from €161,718 to €115,548
of which Distributable reserves: -€46,170
- Other debts +€46,170
new in 2025: €46,170
- Profit (loss) carried forward +€9,332
up €9,332 (+39.3%), from -€23,761 to -€14,429
- Trade debts -€7,505
down €7,505 (-56.6%), from €13,261 to €5,756
- Short-term financial debts -€5,078
no longer reported in 2025 (was €5,078)
- Gross operating margin +€13,183
up €13,183, from -€5,809 to €7,374
- Financial income -€733
down €733 (-17.8%), from €4,124 to €3,391
- Other operating charges +€490
up €490 (+790%), from €62 to €552
- Financial charges -€471
down €471 (-56.2%), from €839 to €368
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 | €171,493 | €167,663 | -€3,830 | -2.2% |
| Fixed assets | 21/28 | €4,509 | €3,996 | -€513 | -11.4% |
| Tangible fixed assets | 22/27 | €610 | €97 | -€513 | -84.1% |
| Furniture and vehicles | 24 | €610 | €97 | -€513 | -84.1% |
| Financial fixed assets | 28 | €3,899 | €3,899 | = | 0.0% |
| Current assets | 29/58 | €166,983 | €163,667 | -€3,317 | -2.0% |
| Amounts receivable after more than one year | 29 | €145,456 | €144,046 | -€1,410 | -1.0% |
| Other amounts receivable | 291 | €145,456 | €144,046 | -€1,410 | -1.0% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,350 | €9,697 | -€1,653 | -14.6% |
| Trade receivables | 40 | €7,123 | €6,818 | -€305 | -4.3% |
| Other amounts receivable | 41 | €4,227 | €2,879 | -€1,347 | -31.9% |
| Cash at bank and in hand | 54/58 | €8,270 | €7,070 | -€1,200 | -14.5% |
| Deferred charges and accrued income | 490/1 | €907 | €1,853 | +€946 | +104% |
| Total equity and liabilities | 10/49 | €171,493 | €167,663 | -€3,830 | -2.2% |
| Equity | 10/15 | €151,654 | €114,817 | -€36,837 | -24.3% |
| Contributions | 10/11 | €13,697 | €13,697 | = | 0.0% |
| Reserves | 13 | €161,718 | €115,548 | -€46,170 | -28.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €159,859 | €113,689 | -€46,170 | -28.9% |
| Profit (loss) carried forward | 14 | -€23,761 | -€14,429 | +€9,332 | +39.3% |
| Amounts payable | 17/49 | €19,838 | €52,846 | +€33,008 | +166% |
| Amounts payable within one year | 42/48 | €19,838 | €52,846 | +€33,008 | +166% |
| Financial debts | 43 | €5,078 | - | -€5,078 | |
| Credit institutions | 430/8 | €5,078 | - | -€5,078 | |
| Trade debts | 44 | €13,261 | €5,756 | -€7,505 | -56.6% |
| Suppliers | 440/4 | €13,261 | €5,756 | -€7,505 | -56.6% |
| Taxes, remuneration and social security | 45 | €1,500 | €920 | -€580 | -38.7% |
| Taxes | 450/3 | €1,500 | €920 | -€580 | -38.7% |
| Other amounts payable | 47/48 | - | €46,170 | +€46,170 | |
| Non-recurring operating income | 76A | - | €2,278 | +€2,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €513 | €513 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €552 | +€490 | +790% |
| Non-recurring operating charges | 66A | €812 | - | -€812 | |
| Gross operating margin | 9900 | -€5,809 | €7,374 | +€13,183 | |
| Operating profit (loss) | 9901 | -€7,196 | €6,309 | +€13,505 | |
| Financial income | 75/76B | €4,124 | €3,391 | -€733 | -17.8% |
| Recurring financial income | 75 | €4,124 | €3,391 | -€733 | -17.8% |
| Financial charges | 65/66B | €839 | €368 | -€471 | -56.2% |
| Recurring financial charges | 65 | €839 | €368 | -€471 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,912 | €9,332 | +€13,244 | |
| Profit (loss) for the period | 9904 | -€3,912 | €9,332 | +€13,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,912 | €9,332 | +€13,244 |
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 27 October 2026 via checked.be.