A&S GROUP: 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 GROUP
Largest movements
- Receivables within one year +€11,852
up €11,852 (+86.4%), from €13,716 to €25,568
of which Trade receivables: +€11,765
- Tangible fixed assets -€4,679
down €4,679 (-37.2%), from €12,585 to €7,906
of which Plant, machinery and equipment: -€2,447
- Cash +€1,764
up €1,764 (+10.6%), from €16,583 to €18,347
mainly Net result for the year (+€19,800) and Trade debts (+€18,175)
- Deferred charges and accrued income -€1,232
no longer reported in 2024 (was €1,232)
- Other debts -€27,853
down €27,853 (-67.9%), from €41,049 to €13,196
- Profit (loss) carried forward +€19,800
up €19,800, from -€8,309 to €11,491
- Trade debts +€18,175
up €18,175 (+549.6%), from €3,307 to €21,482
- Tax, wage and social debts -€2,718
down €2,718 (-30.1%), from €9,039 to €6,321
of which Remuneration and social security: -€5,179
- Staff costs +€4,360
up €4,360 (+225.6%), from €1,933 to €6,293
- Taxes +€3,185
new in 2024: €3,185
- Other operating charges +€1,786
up €1,786 (+290.0%), from €616 to €2,402
- Depreciation +€1,165
up €1,165 (+29.5%), from €3,946 to €5,111
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 | €47,086 | €54,491 | +€7,405 | +15.7% |
| Fixed assets | 21/28 | €12,585 | €7,906 | -€4,679 | -37.2% |
| Tangible fixed assets | 22/27 | €12,585 | €7,906 | -€4,679 | -37.2% |
| Plant, machinery and equipment | 23 | €5,473 | €3,026 | -€2,447 | -44.7% |
| Furniture and vehicles | 24 | €5,717 | €3,768 | -€1,950 | -34.1% |
| Other tangible fixed assets | 26 | €1,395 | €1,112 | -€283 | -20.3% |
| Current assets | 29/58 | €34,501 | €46,585 | +€12,084 | +35.0% |
| Stocks and contracts in progress | 3 | €2,970 | €2,670 | -€300 | -10.1% |
| Stocks | 30/36 | €2,970 | €2,670 | -€300 | -10.1% |
| Amounts receivable within one year | 40/41 | €13,716 | €25,568 | +€11,852 | +86.4% |
| Trade receivables | 40 | €12,888 | €24,653 | +€11,765 | +91.3% |
| Other amounts receivable | 41 | €828 | €915 | +€87 | +10.6% |
| Cash at bank and in hand | 54/58 | €16,583 | €18,347 | +€1,764 | +10.6% |
| Deferred charges and accrued income | 490/1 | €1,232 | - | -€1,232 | |
| Total equity and liabilities | 10/49 | €47,086 | €54,491 | +€7,405 | +15.7% |
| Equity | 10/15 | -€6,309 | €13,491 | +€19,800 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,309 | €11,491 | +€19,800 | |
| Amounts payable | 17/49 | €53,395 | €41,000 | -€12,395 | -23.2% |
| Amounts payable within one year | 42/48 | €53,395 | €41,000 | -€12,395 | -23.2% |
| Trade debts | 44 | €3,307 | €21,482 | +€18,175 | +549.6% |
| Suppliers | 440/4 | €3,307 | €21,482 | +€18,175 | +549.6% |
| Taxes, remuneration and social security | 45 | €9,039 | €6,321 | -€2,718 | -30.1% |
| Taxes | 450/3 | €3,860 | €6,321 | +€2,461 | +63.8% |
| Remuneration and social security | 454/9 | €5,179 | - | -€5,179 | |
| Other amounts payable | 47/48 | €41,049 | €13,196 | -€27,853 | -67.9% |
| Remuneration, social security and pensions | 62 | €1,933 | €6,293 | +€4,360 | +225.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,946 | €5,111 | +€1,165 | +29.5% |
| Other operating charges | 640/8 | €616 | €2,402 | +€1,786 | +290.0% |
| Non-recurring operating charges | 66A | €3,750 | €3,760 | +€10 | +0.3% |
| Gross operating margin | 9900 | €40,934 | €41,113 | +€179 | +0.4% |
| Operating profit (loss) | 9901 | €30,689 | €23,547 | -€7,142 | -23.3% |
| Financial income | 75/76B | - | €49 | +€49 | |
| Recurring financial income | 75 | - | €49 | +€49 | |
| Non-recurring financial income | 76B | - | €49 | +€49 | |
| Financial charges | 65/66B | €397 | €610 | +€213 | +53.7% |
| Recurring financial charges | 65 | €397 | €610 | +€213 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €30,292 | €22,985 | -€7,307 | -24.1% |
| Income taxes | 67/77 | - | €3,185 | +€3,185 | |
| Profit (loss) for the period | 9904 | €30,292 | €19,800 | -€10,492 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,292 | €19,800 | -€10,492 | -34.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.