A.SC: 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.SC
Largest movements
- Tangible fixed assets -€8,713
down €8,713 (-42.5%), from €20,490 to €11,777
of which Furniture and vehicles: -€6,000
- Receivables within one year -€8,484
down €8,484 (-50.7%), from €16,732 to €8,248
- Cash -€674
down €674 (-15.0%), from €4,498 to €3,824
mainly Net result for the year (-€20,975) and Investment in fixed assets (net) (-€1,140)
- Profit (loss) carried forward -€20,975
down €20,975 (-244%), from -€8,588 to -€29,563
- Trade debts +€3,860
up €3,860 (+26.8%), from €14,404 to €18,265
- Tax, wage and social debts -€616
down €616 (-20.1%), from €3,063 to €2,448
of which Taxes: -€685
- Gross operating margin -€28,002
down €28,002 (-86.6%), from €32,343 to €4,341
- Taxes +€2,330
new in 2025: €2,330
- Depreciation +€560
up €560 (+6.0%), from €9,292 to €9,852
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 | €45,770 | €28,040 | -€17,730 | -38.7% |
| Fixed assets | 21/28 | €20,490 | €11,777 | -€8,713 | -42.5% |
| Tangible fixed assets | 22/27 | €20,490 | €11,777 | -€8,713 | -42.5% |
| Plant, machinery and equipment | 23 | €8,595 | €5,882 | -€2,713 | -31.6% |
| Furniture and vehicles | 24 | €11,895 | €5,895 | -€6,000 | -50.4% |
| Current assets | 29/58 | €25,280 | €16,263 | -€9,017 | -35.7% |
| Stocks and contracts in progress | 3 | €4,050 | €4,190 | +€140 | +3.5% |
| Stocks | 30/36 | €4,050 | €4,190 | +€140 | +3.5% |
| Amounts receivable within one year | 40/41 | €16,732 | €8,248 | -€8,484 | -50.7% |
| Other amounts receivable | 41 | €16,732 | €8,248 | -€8,484 | -50.7% |
| Cash at bank and in hand | 54/58 | €4,498 | €3,824 | -€674 | -15.0% |
| Total equity and liabilities | 10/49 | €45,770 | €28,040 | -€17,730 | -38.7% |
| Equity | 10/15 | €28,302 | €7,328 | -€20,975 | -74.1% |
| Contributions | 10/11 | €13,560 | €13,560 | = | 0.0% |
| Contributions outside capital | 11 | €13,560 | €13,560 | = | 0.0% |
| Share premium | 1100/10 | €13,560 | €13,560 | = | 0.0% |
| Reserves | 13 | €23,330 | €23,330 | = | 0.0% |
| Distributable reserves | 133 | €23,330 | €23,330 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,588 | -€29,563 | -€20,975 | -244% |
| Amounts payable | 17/49 | €17,468 | €20,712 | +€3,245 | +18.6% |
| Amounts payable within one year | 42/48 | €17,468 | €20,712 | +€3,245 | +18.6% |
| Trade debts | 44 | €14,404 | €18,265 | +€3,860 | +26.8% |
| Suppliers | 440/4 | €14,404 | €18,265 | +€3,860 | +26.8% |
| Taxes, remuneration and social security | 45 | €3,063 | €2,448 | -€616 | -20.1% |
| Taxes | 450/3 | €2,648 | €1,963 | -€685 | -25.9% |
| Remuneration and social security | 454/9 | €415 | €485 | +€70 | +16.7% |
| Non-recurring operating income | 76A | €3,512 | - | -€3,512 | |
| Remuneration, social security and pensions | 62 | €12,901 | €13,088 | +€187 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,292 | €9,852 | +€560 | +6.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | +€0 | |
| Gross operating margin | 9900 | €32,343 | €4,341 | -€28,002 | -86.6% |
| Operating profit (loss) | 9901 | €10,150 | -€18,599 | -€28,749 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | -€30 | €46 | +€76 | |
| Recurring financial charges | 65 | -€30 | €46 | +€76 | |
| Profit (loss) for the period before taxes | 9903 | €10,181 | -€18,645 | -€28,826 | |
| Income taxes | 67/77 | - | €2,330 | +€2,330 | |
| Profit (loss) for the period | 9904 | €10,181 | -€20,975 | -€31,156 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,181 | -€20,975 | -€31,156 |
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 22 October 2026 via checked.be.