AS&L: what changed
Two fiscal 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&L
Largest movements
- Cash +€303
up €303 (+1.7%), from €17,914 to €18,216
mainly Trade debts (+€164) and Net result for the year (+€139)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,594
down €1,594 (-63.2%), from €2,523 to €929
- Other operating charges -€183
down €183 (-28.2%), from €649 to €465
- Financial charges -€150
down €150 (-31.5%), from €475 to €325
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.
Cash bridge derived
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 | €17,914 | €18,216 | +€303 | +1.7% |
| Current assets | 29/58 | €17,914 | €18,216 | +€303 | +1.7% |
| Cash at bank and in hand | 54/58 | €17,914 | €18,216 | +€303 | +1.7% |
| Total equity and liabilities | 10/49 | €17,914 | €18,216 | +€303 | +1.7% |
| Equity | 10/15 | €17,914 | €18,052 | +€139 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€686 | -€548 | +€139 | +20.2% |
| Amounts payable | 17/49 | - | €164 | +€164 | |
| Amounts payable within one year | 42/48 | - | €164 | +€164 | |
| Trade debts | 44 | - | €164 | +€164 | |
| Suppliers | 440/4 | - | €164 | +€164 | |
| Other operating charges | 640/8 | €649 | €465 | -€183 | -28.2% |
| Gross operating margin | 9900 | €2,523 | €929 | -€1,594 | -63.2% |
| Operating profit (loss) | 9901 | €1,874 | €464 | -€1,411 | -75.3% |
| Financial charges | 65/66B | €475 | €325 | -€150 | -31.5% |
| Recurring financial charges | 65 | €475 | €325 | -€150 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €1,400 | €139 | -€1,261 | -90.1% |
| Profit (loss) for the period | 9904 | €1,400 | €139 | -€1,261 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,400 | €139 | -€1,261 | -90.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.