AS@P Management: what changed
AS@P Management
Largest movements
- Tangible fixed assets -€42,693
down €42,693 (-8.1%), from €530,206 to €487,513
of which Land and buildings: -€54,448
- Receivables within one year -€42,244
down €42,244 (-63.6%), from €66,410 to €24,166
of which Other amounts receivable: -€27,180
- Cash +€21,444
up €21,444 (+481%), from €4,462 to €25,906
mainly Depreciation (+€54,448) and Receivables within one year (+€42,244)
- Deferred charges and accrued income +€12,587
up €12,587 (+245%), from €5,128 to €17,715
- Debts after one year -€59,877
down €59,877 (-12.7%), from €470,599 to €410,722
- Tax, wage and social debts +€8,522
up €8,522 (+923%), from €923 to €9,445
- Depreciation +€7,055
up €7,055 (+14.9%), from €47,393 to €54,448
- Gross operating margin -€3,487
down €3,487 (-4.5%), from €76,906 to €73,419
- Taxes +€2,869
new in 2024: €2,869
- Other operating charges -€2,070
down €2,070 (-29.3%), from €7,063 to €4,993
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €606,206 | €555,300 | -€50,906 | -8.4% |
| Fixed assets | 21/28 | €530,206 | €487,513 | -€42,693 | -8.1% |
| Tangible fixed assets | 22/27 | €530,206 | €487,513 | -€42,693 | -8.1% |
| Land and buildings | 22 | €510,867 | €456,419 | -€54,448 | -10.7% |
| Plant, machinery and equipment | 23 | €15,063 | €17,839 | +€2,776 | +18.4% |
| Furniture and vehicles | 24 | €4,276 | €13,255 | +€8,979 | +210% |
| Current assets | 29/58 | €76,000 | €67,787 | -€8,213 | -10.8% |
| Amounts receivable within one year | 40/41 | €66,410 | €24,166 | -€42,244 | -63.6% |
| Trade receivables | 40 | €31,407 | €16,343 | -€15,064 | -48.0% |
| Other amounts receivable | 41 | €35,003 | €7,823 | -€27,180 | -77.7% |
| Cash at bank and in hand | 54/58 | €4,462 | €25,906 | +€21,444 | +481% |
| Deferred charges and accrued income | 490/1 | €5,128 | €17,715 | +€12,587 | +245% |
| Total equity and liabilities | 10/49 | €606,206 | €555,300 | -€50,906 | -8.4% |
| Equity | 10/15 | €109,458 | €106,498 | -€2,960 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,839 | €25,839 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,979 | €23,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,019 | €62,059 | -€2,960 | -4.6% |
| Amounts payable | 17/49 | €496,748 | €448,802 | -€47,946 | -9.7% |
| Amounts payable after more than one year | 17 | €470,599 | €410,722 | -€59,877 | -12.7% |
| Financial debts | 170/4 | €470,599 | €410,722 | -€59,877 | -12.7% |
| Amounts payable within one year | 42/48 | €26,149 | €38,080 | +€11,931 | +45.6% |
| Trade debts | 44 | €25,226 | €28,635 | +€3,409 | +13.5% |
| Suppliers | 440/4 | €25,226 | €28,635 | +€3,409 | +13.5% |
| Taxes, remuneration and social security | 45 | €923 | €9,445 | +€8,522 | +923% |
| Taxes | 450/3 | €923 | €9,445 | +€8,522 | +923% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,393 | €54,448 | +€7,055 | +14.9% |
| Other operating charges | 640/8 | €7,063 | €4,993 | -€2,070 | -29.3% |
| Gross operating margin | 9900 | €76,906 | €73,419 | -€3,487 | -4.5% |
| Operating profit (loss) | 9901 | €22,450 | €13,978 | -€8,472 | -37.7% |
| Financial charges | 65/66B | €13,705 | €14,068 | +€363 | +2.6% |
| Recurring financial charges | 65 | €13,705 | €14,068 | +€363 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €8,745 | -€90 | -€8,835 | |
| Income taxes | 67/77 | - | €2,869 | +€2,869 | |
| Profit (loss) for the period | 9904 | €8,745 | -€2,959 | -€11,704 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,745 | -€2,959 | -€11,704 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.