AS&Cie: 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&Cie
Largest movements
- Cash +€32,903
up €32,903 (+89.3%), from €36,834 to €69,737
mainly Depreciation (+€39,072) and Receivables within one year (+€8,449)
- Tangible fixed assets -€32,116
down €32,116 (-11.8%), from €272,304 to €240,188
of which Land and buildings: -€27,983
- Receivables within one year -€8,449
down €8,449 (-82.4%), from €10,256 to €1,807
of which Trade receivables: -€6,949
- Tax, wage and social debts -€3,485
down €3,485 (-49.7%), from €7,007 to €3,522
- Gross operating margin -€6,723
down €6,723 (-12.2%), from €55,290 to €48,567
- Financial charges -€4,111
down €4,111 (-55.0%), from €7,471 to €3,360
- Taxes -€998
new in 2025: -€998
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 | €331,394 | €323,732 | -€7,662 | -2.3% |
| Fixed assets | 21/28 | €284,304 | €252,188 | -€32,116 | -11.3% |
| Tangible fixed assets | 22/27 | €272,304 | €240,188 | -€32,116 | -11.8% |
| Land and buildings | 22 | €255,219 | €227,236 | -€27,983 | -11.0% |
| Furniture and vehicles | 24 | €17,085 | €12,952 | -€4,133 | -24.2% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €47,090 | €71,544 | +€24,454 | +51.9% |
| Amounts receivable within one year | 40/41 | €10,256 | €1,807 | -€8,449 | -82.4% |
| Trade receivables | 40 | €8,756 | €1,807 | -€6,949 | -79.4% |
| Other amounts receivable | 41 | €1,500 | - | -€1,500 | |
| Cash at bank and in hand | 54/58 | €36,834 | €69,737 | +€32,903 | +89.3% |
| Total equity and liabilities | 10/49 | €331,394 | €323,732 | -€7,662 | -2.3% |
| Equity | 10/15 | €41,256 | €40,081 | -€1,175 | -2.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,796 | €19,621 | -€1,175 | -5.7% |
| Amounts payable | 17/49 | €290,138 | €283,651 | -€6,487 | -2.2% |
| Amounts payable after more than one year | 17 | €267,165 | €267,165 | = | 0.0% |
| Other amounts payable | 178/9 | €267,165 | €267,165 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,973 | €16,486 | -€6,487 | -28.2% |
| Trade debts | 44 | €2,947 | €1,418 | -€1,529 | -51.9% |
| Suppliers | 440/4 | €2,947 | €1,418 | -€1,529 | -51.9% |
| Taxes, remuneration and social security | 45 | €7,007 | €3,522 | -€3,485 | -49.7% |
| Taxes | 450/3 | €7,007 | €3,522 | -€3,485 | -49.7% |
| Other amounts payable | 47/48 | €13,019 | €11,546 | -€1,473 | -11.3% |
| Non-recurring operating income | 76A | €1,331 | €1,164 | -€167 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,911 | €39,072 | +€161 | +0.4% |
| Other operating charges | 640/8 | €8,547 | €8,308 | -€239 | -2.8% |
| Gross operating margin | 9900 | €55,290 | €48,567 | -€6,723 | -12.2% |
| Operating profit (loss) | 9901 | €7,832 | €1,187 | -€6,645 | -84.8% |
| Financial charges | 65/66B | €7,471 | €3,360 | -€4,111 | -55.0% |
| Recurring financial charges | 65 | €7,471 | €3,360 | -€4,111 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | €361 | -€2,173 | -€2,534 | |
| Income taxes | 67/77 | - | -€998 | -€998 | |
| Profit (loss) for the period | 9904 | €361 | -€1,175 | -€1,536 | |
| Profit (loss) for the period to be appropriated | 9905 | €361 | -€1,175 | -€1,536 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.