AS. ONE: 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. ONE
Largest movements
- Cash +€12,591
up €12,591 (+47.6%), from €26,474 to €39,065
mainly Depreciation (+€6,332) and Other debts (+€5,603)
- Receivables within one year -€4,760
down €4,760 (-74.1%), from €6,422 to €1,662
of which Trade receivables: -€4,750
- Tangible fixed assets -€3,688
down €3,688 (-7.4%), from €49,804 to €46,116
of which Furniture and vehicles: -€3,386
- Profit (loss) carried forward -€6,745
down €6,745 (-13.1%), from €51,347 to €44,602
- Reserves +€5,620
up €5,620 (+302%), from €1,860 to €7,480
of which Distributable reserves: +€5,620
- Other debts +€5,603
up €5,603 (+518%), from €1,082 to €6,685
- Trade debts -€1,932
down €1,932 (-54.5%), from €3,548 to €1,616
- Tax, wage and social debts +€1,597
up €1,597 (+25.5%), from €6,263 to €7,860
- Turnover -€66,576
no longer reported in 2025 (was €66,576)
- Purchases and services -€46,849
no longer reported in 2025 (was €46,849)
- Gross operating margin -€12,454
down €12,454 (-53.4%), from €23,325 to €10,871
- Taxes -€4,212
down €4,212 (-60.1%), from €7,009 to €2,797
- Depreciation -€1,722
down €1,722 (-21.4%), from €8,054 to €6,332
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 | €82,700 | €86,843 | +€4,143 | +5.0% |
| Fixed assets | 21/28 | €49,804 | €46,116 | -€3,688 | -7.4% |
| Tangible fixed assets | 22/27 | €49,804 | €46,116 | -€3,688 | -7.4% |
| Plant, machinery and equipment | 23 | €3,490 | €3,188 | -€302 | -8.7% |
| Furniture and vehicles | 24 | €46,314 | €42,928 | -€3,386 | -7.3% |
| Current assets | 29/58 | €32,896 | €40,727 | +€7,831 | +23.8% |
| Amounts receivable within one year | 40/41 | €6,422 | €1,662 | -€4,760 | -74.1% |
| Trade receivables | 40 | €5,319 | €569 | -€4,750 | -89.3% |
| Other amounts receivable | 41 | €1,103 | €1,093 | -€10 | -0.9% |
| Cash at bank and in hand | 54/58 | €26,474 | €39,065 | +€12,591 | +47.6% |
| Total equity and liabilities | 10/49 | €82,700 | €86,843 | +€4,143 | +5.0% |
| Equity | 10/15 | €71,807 | €70,682 | -€1,125 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €7,480 | +€5,620 | +302% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €5,620 | +€5,620 | |
| Profit (loss) carried forward | 14 | €51,347 | €44,602 | -€6,745 | -13.1% |
| Amounts payable | 17/49 | €10,893 | €16,161 | +€5,268 | +48.4% |
| Amounts payable within one year | 42/48 | €10,893 | €16,161 | +€5,268 | +48.4% |
| Trade debts | 44 | €3,548 | €1,616 | -€1,932 | -54.5% |
| Suppliers | 440/4 | €3,548 | €1,616 | -€1,932 | -54.5% |
| Taxes, remuneration and social security | 45 | €6,263 | €7,860 | +€1,597 | +25.5% |
| Taxes | 450/3 | €6,263 | €7,860 | +€1,597 | +25.5% |
| Other amounts payable | 47/48 | €1,082 | €6,685 | +€5,603 | +518% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €66,576 | - | -€66,576 | |
| Non-recurring operating income | 76A | €3,598 | - | -€3,598 | |
| Goods, raw materials, services and sundry goods | 60/61 | €46,849 | - | -€46,849 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,054 | €6,332 | -€1,722 | -21.4% |
| Other operating charges | 640/8 | €2,043 | €2,260 | +€217 | +10.6% |
| Gross operating margin | 9900 | €23,325 | €10,871 | -€12,454 | -53.4% |
| Operating profit (loss) | 9901 | €13,228 | €2,279 | -€10,949 | -82.8% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €13,191 | €2,234 | -€10,957 | -83.1% |
| Income taxes | 67/77 | €7,009 | €2,797 | -€4,212 | -60.1% |
| Profit (loss) for the period | 9904 | €6,182 | -€563 | -€6,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,182 | -€563 | -€6,745 |
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 20 October 2026 via checked.be.