A.S.J. - CONCEPT: 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.J. - CONCEPT
Largest movements
- Cash -€63,862
down €63,862 (-58.0%), from €110,134 to €46,272
mainly Provisions (-€40,000) and Receivables within one year (-€16,138)
- Receivables within one year +€16,138
up €16,138 (+602%), from €2,681 to €18,819
of which Other amounts receivable: +€15,703
- Tangible fixed assets -€15,015
down €15,015 (-25.5%), from €58,812 to €43,797
of which Furniture and vehicles: -€9,062
- Provisions -€40,000
down €40,000 (-49.0%), from €81,689 to €41,689
- Debts after one year -€11,742
down €11,742 (-79.8%), from €14,706 to €2,964
- Other debts -€6,740
down €6,740 (-100%), from €6,740 to €0
- Profit (loss) carried forward -€4,684
down €4,684 (-38.4%), from -€12,197 to -€16,882
- Provisions -€21,000
down €21,000 (-111%), from -€19,000 to -€40,000
- Gross operating margin -€15,952
down €15,952 (-116%), from -€13,696 to -€29,648
- Other operating charges -€2,462
down €2,462 (-69.0%), from €3,565 to €1,104
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 | €201,676 | €140,003 | -€61,673 | -30.6% |
| Fixed assets | 21/28 | €58,862 | €43,847 | -€15,015 | -25.5% |
| Tangible fixed assets | 22/27 | €58,812 | €43,797 | -€15,015 | -25.5% |
| Furniture and vehicles | 24 | €16,282 | €7,220 | -€9,062 | -55.7% |
| Other tangible fixed assets | 26 | €42,530 | €36,577 | -€5,953 | -14.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €142,815 | €96,156 | -€46,659 | -32.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,681 | €18,819 | +€16,138 | +602% |
| Trade receivables | 40 | - | €436 | +€436 | |
| Other amounts receivable | 41 | €2,681 | €18,384 | +€15,703 | +586% |
| Cash at bank and in hand | 54/58 | €110,134 | €46,272 | -€63,862 | -58.0% |
| Deferred charges and accrued income | 490/1 | €0 | €1,065 | +€1,065 | |
| Total equity and liabilities | 10/49 | €201,676 | €140,003 | -€61,673 | -30.6% |
| Equity | 10/15 | €83,704 | €79,020 | -€4,684 | -5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €33,902 | €33,902 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €27,702 | €27,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,197 | -€16,882 | -€4,684 | -38.4% |
| Provisions and deferred taxes | 16 | €81,689 | €41,689 | -€40,000 | -49.0% |
| Provisions for liabilities and charges | 160/5 | €81,689 | €41,689 | -€40,000 | -49.0% |
| Pensions and similar obligations | 160 | €81,689 | €41,689 | -€40,000 | -49.0% |
| Amounts payable | 17/49 | €36,283 | €19,294 | -€16,989 | -46.8% |
| Amounts payable after more than one year | 17 | €14,706 | €2,964 | -€11,742 | -79.8% |
| Financial debts | 170/4 | €14,706 | €2,964 | -€11,742 | -79.8% |
| Amounts payable within one year | 42/48 | €21,578 | €16,330 | -€5,247 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €11,575 | €11,757 | +€182 | +1.6% |
| Trade debts | 44 | €2,227 | €3,830 | +€1,603 | +72.0% |
| Suppliers | 440/4 | €2,227 | €3,830 | +€1,603 | +72.0% |
| Taxes, remuneration and social security | 45 | €1,035 | €744 | -€291 | -28.1% |
| Taxes | 450/3 | €1,035 | €744 | -€291 | -28.1% |
| Other amounts payable | 47/48 | €6,740 | €0 | -€6,740 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,015 | €15,015 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€19,000 | -€40,000 | -€21,000 | -111% |
| Other operating charges | 640/8 | €3,565 | €1,104 | -€2,462 | -69.0% |
| Gross operating margin | 9900 | -€13,696 | -€29,648 | -€15,952 | -116% |
| Operating profit (loss) | 9901 | -€13,276 | -€5,766 | +€7,510 | +56.6% |
| Financial income | 75/76B | €2,235 | €2,182 | -€54 | -2.4% |
| Recurring financial income | 75 | €2,235 | €2,182 | -€54 | -2.4% |
| Financial charges | 65/66B | €857 | €713 | -€144 | -16.7% |
| Recurring financial charges | 65 | €857 | €713 | -€144 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,897 | -€4,298 | +€7,599 | +63.9% |
| Income taxes | 67/77 | €320 | €386 | +€66 | +20.6% |
| Profit (loss) for the period | 9904 | -€12,218 | -€4,684 | +€7,533 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,218 | -€4,684 | +€7,533 | +61.7% |
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 28 October 2026 via checked.be.