A-SIGN SYSTEM: 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-SIGN SYSTEM
Largest movements
- Stocks and contracts -€34,582
down €34,582 (-14.2%), from €243,469 to €208,887
- Tangible fixed assets -€32,302
down €32,302 (-13.3%), from €242,829 to €210,527
of which Land and buildings: -€23,027
- Receivables within one year +€18,406
up €18,406 (+89.5%), from €20,571 to €38,977
of which Trade receivables: +€17,930
- Cash -€10,033
down €10,033 (-68.0%), from €14,757 to €4,724
mainly Debts after one year (-€40,485) and Receivables within one year (-€18,406)
- Deferred charges and accrued income +€5,589
up €5,589 (+259%), from €2,162 to €7,751
- Debts after one year -€40,485
down €40,485 (-25.3%), from €160,282 to €119,797
- Trade debts -€13,006
down €13,006 (-61.1%), from €21,287 to €8,280
- Staff costs -€22,654
down €22,654 (-64.0%), from €35,411 to €12,758
- Gross operating margin -€22,496
down €22,496 (-22.3%), from €100,675 to €78,179
- Depreciation -€4,223
down €4,223 (-10.9%), from €38,839 to €34,616
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 | €523,788 | €470,866 | -€52,922 | -10.1% |
| Fixed assets | 21/28 | €242,829 | €210,527 | -€32,302 | -13.3% |
| Tangible fixed assets | 22/27 | €242,829 | €210,527 | -€32,302 | -13.3% |
| Land and buildings | 22 | €144,862 | €121,835 | -€23,027 | -15.9% |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €97,967 | €88,692 | -€9,275 | -9.5% |
| Current assets | 29/58 | €280,960 | €260,339 | -€20,620 | -7.3% |
| Stocks and contracts in progress | 3 | €243,469 | €208,887 | -€34,582 | -14.2% |
| Stocks | 30/36 | €243,469 | €208,887 | -€34,582 | -14.2% |
| Amounts receivable within one year | 40/41 | €20,571 | €38,977 | +€18,406 | +89.5% |
| Trade receivables | 40 | €19,953 | €37,883 | +€17,930 | +89.9% |
| Other amounts receivable | 41 | €618 | €1,094 | +€476 | +77.0% |
| Cash at bank and in hand | 54/58 | €14,757 | €4,724 | -€10,033 | -68.0% |
| Deferred charges and accrued income | 490/1 | €2,162 | €7,751 | +€5,589 | +259% |
| Total equity and liabilities | 10/49 | €523,788 | €470,866 | -€52,922 | -10.1% |
| Equity | 10/15 | €132,389 | €136,882 | +€4,492 | +3.4% |
| Contributions | 10/11 | €126,000 | €126,000 | = | 0.0% |
| Capital | 10 | €126,000 | €126,000 | = | 0.0% |
| Issued capital | 100 | €126,000 | €126,000 | = | 0.0% |
| Reserves | 13 | €6,389 | €10,882 | +€4,492 | +70.3% |
| Non-distributable reserves | 130/1 | €319 | €544 | +€225 | +70.3% |
| Legal reserve | 130 | €319 | €544 | +€225 | +70.3% |
| Distributable reserves | 133 | €6,070 | €10,338 | +€4,268 | +70.3% |
| Amounts payable | 17/49 | €391,399 | €333,985 | -€57,414 | -14.7% |
| Amounts payable after more than one year | 17 | €160,282 | €119,797 | -€40,485 | -25.3% |
| Financial debts | 170/4 | €160,282 | €119,797 | -€40,485 | -25.3% |
| Amounts payable within one year | 42/48 | €219,238 | €201,475 | -€17,764 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €41,603 | €40,485 | -€1,117 | -2.7% |
| Trade debts | 44 | €21,287 | €8,280 | -€13,006 | -61.1% |
| Suppliers | 440/4 | €21,287 | €8,280 | -€13,006 | -61.1% |
| Taxes, remuneration and social security | 45 | €5,349 | €1,709 | -€3,640 | -68.0% |
| Taxes | 450/3 | €2,175 | €1,709 | -€466 | -21.4% |
| Remuneration and social security | 454/9 | €3,174 | - | -€3,174 | |
| Other amounts payable | 47/48 | €151,000 | €151,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,878 | €12,713 | +€835 | +7.0% |
| Non-recurring operating income | 76A | - | €7,450 | +€7,450 | |
| Remuneration, social security and pensions | 62 | €35,411 | €12,758 | -€22,654 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,839 | €34,616 | -€4,223 | -10.9% |
| Other operating charges | 640/8 | €6,137 | €6,140 | +€3 | 0.0% |
| Gross operating margin | 9900 | €100,675 | €78,179 | -€22,496 | -22.3% |
| Operating profit (loss) | 9901 | €20,288 | €24,666 | +€4,378 | +21.6% |
| Financial charges | 65/66B | €18,043 | €18,978 | +€935 | +5.2% |
| Recurring financial charges | 65 | €18,043 | €18,978 | +€935 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €2,245 | €5,688 | +€3,443 | +153% |
| Income taxes | 67/77 | €2,090 | €1,196 | -€894 | -42.8% |
| Profit (loss) for the period | 9904 | €156 | €4,492 | +€4,336 | +2,781% |
| Profit (loss) for the period to be appropriated | 9905 | €156 | €4,492 | +€4,336 | +2,781% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.