AS Admin: 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.
AS Admin
Largest movements
- Deferred charges and accrued income -€7,790
down €7,790 (-55.6%), from €14,017 to €6,227
- Cash +€2,094
up €2,094 (+103%), from €2,031 to €4,125
mainly Deferred charges and accrued income (+€7,790) and Tax, wage and social debts (+€1,899)
- Receivables within one year +€1,614
up €1,614 (+18.7%), from €8,642 to €10,256
of which Trade receivables: +€1,418
- Profit (loss) carried forward -€5,908
down €5,908 (-65.6%), from €9,003 to €3,094
- Tax, wage and social debts +€1,899
up €1,899 (+280%), from €679 to €2,578
- Trade debts -€626
no longer reported in 2025 (was €626)
- Accrued charges and deferred income +€600
new in 2025: €600
- Gross operating margin -€7,495
down €7,495, from €3,614 to -€3,881
- Taxes +€1,163
up €1,163, from -€15 to €1,148
- Financial charges -€203
down €203 (-35.0%), from €581 to €378
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 | €24,938 | €20,902 | -€4,036 | -16.2% |
| Current assets | 29/58 | €24,938 | €20,902 | -€4,036 | -16.2% |
| Stocks and contracts in progress | 3 | €248 | €294 | +€46 | +18.5% |
| Stocks | 30/36 | €248 | €294 | +€46 | +18.5% |
| Amounts receivable within one year | 40/41 | €8,642 | €10,256 | +€1,614 | +18.7% |
| Trade receivables | 40 | €8,588 | €10,006 | +€1,418 | +16.5% |
| Other amounts receivable | 41 | €54 | €250 | +€196 | +359% |
| Cash at bank and in hand | 54/58 | €2,031 | €4,125 | +€2,094 | +103% |
| Deferred charges and accrued income | 490/1 | €14,017 | €6,227 | -€7,790 | -55.6% |
| Total equity and liabilities | 10/49 | €24,938 | €20,902 | -€4,036 | -16.2% |
| Equity | 10/15 | €23,633 | €17,724 | -€5,908 | -25.0% |
| Contributions | 10/11 | €9,470 | €9,470 | = | 0.0% |
| Reserves | 13 | €5,160 | €5,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,910 | €1,910 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,910 | €1,910 | = | 0.0% |
| Distributable reserves | 133 | €3,250 | €3,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,003 | €3,094 | -€5,908 | -65.6% |
| Amounts payable | 17/49 | €1,305 | €3,178 | +€1,872 | +143% |
| Amounts payable within one year | 42/48 | €1,305 | €2,578 | +€1,273 | +97.5% |
| Trade debts | 44 | €626 | - | -€626 | |
| Suppliers | 440/4 | €626 | - | -€626 | |
| Taxes, remuneration and social security | 45 | €679 | €2,578 | +€1,899 | +280% |
| Taxes | 450/3 | €679 | €2,578 | +€1,899 | +280% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Other operating charges | 640/8 | €511 | €520 | +€9 | +1.7% |
| Gross operating margin | 9900 | €3,614 | -€3,881 | -€7,495 | |
| Operating profit (loss) | 9901 | €3,103 | -€4,401 | -€7,504 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €581 | €378 | -€203 | -35.0% |
| Recurring financial charges | 65 | €581 | €378 | -€203 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €2,522 | -€4,760 | -€7,283 | |
| Income taxes | 67/77 | -€15 | €1,148 | +€1,163 | |
| Profit (loss) for the period | 9904 | €2,537 | -€5,908 | -€8,446 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,537 | -€5,908 | -€8,446 |
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 17 October 2026 via checked.be.