ASABO: 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.
ASABO
Largest movements
- Tangible fixed assets -€30,455
down €30,455 (-40.6%), from €74,983 to €44,528
of which Furniture and vehicles: -€21,966
- Cash -€7,907
down €7,907 (-23.5%), from €33,650 to €25,743
mainly Debts after one year (-€20,676) and Current portion of long-term debt (-€5,916)
- Receivables within one year +€4,736
up €4,736 (+42.8%), from €11,068 to €15,804
of which Trade receivables: +€4,456
- Stocks and contracts -€2,000
down €2,000 (-24.2%), from €8,250 to €6,250
- Deferred charges and accrued income +€1,346
up €1,346 (+53.0%), from €2,538 to €3,884
- Debts after one year -€20,676
down €20,676 (-62.8%), from €32,913 to €12,237
- Current portion of long-term debt -€5,916
down €5,916 (-22.2%), from €26,592 to €20,676
- Tax, wage and social debts -€5,430
down €5,430 (-87.3%), from €6,224 to €793
- Trade debts -€3,148
down €3,148 (-97.9%), from €3,215 to €67
- Other operating charges +€658
up €658 (+85.6%), from €768 to €1,426
- Depreciation -€414
down €414 (-1.3%), from €30,869 to €30,455
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 | €130,624 | €96,344 | -€34,280 | -26.2% |
| Fixed assets | 21/28 | €75,118 | €44,663 | -€30,455 | -40.5% |
| Tangible fixed assets | 22/27 | €74,983 | €44,528 | -€30,455 | -40.6% |
| Plant, machinery and equipment | 23 | €18,199 | €9,710 | -€8,489 | -46.6% |
| Furniture and vehicles | 24 | €56,783 | €34,817 | -€21,966 | -38.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €55,506 | €51,681 | -€3,825 | -6.9% |
| Stocks and contracts in progress | 3 | €8,250 | €6,250 | -€2,000 | -24.2% |
| Contracts in progress | 37 | €8,250 | €6,250 | -€2,000 | -24.2% |
| Amounts receivable within one year | 40/41 | €11,068 | €15,804 | +€4,736 | +42.8% |
| Trade receivables | 40 | €10,159 | €14,614 | +€4,456 | +43.9% |
| Other amounts receivable | 41 | €909 | €1,190 | +€281 | +30.9% |
| Cash at bank and in hand | 54/58 | €33,650 | €25,743 | -€7,907 | -23.5% |
| Deferred charges and accrued income | 490/1 | €2,538 | €3,884 | +€1,346 | +53.0% |
| Total equity and liabilities | 10/49 | €130,624 | €96,344 | -€34,280 | -26.2% |
| Equity | 10/15 | €51,849 | €53,046 | +€1,197 | +2.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,849 | €48,046 | +€1,197 | +2.6% |
| Amounts payable | 17/49 | €78,775 | €43,298 | -€35,477 | -45.0% |
| Amounts payable after more than one year | 17 | €32,913 | €12,237 | -€20,676 | -62.8% |
| Financial debts | 170/4 | €32,913 | €12,237 | -€20,676 | -62.8% |
| Amounts payable within one year | 42/48 | €45,861 | €31,061 | -€14,801 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €26,592 | €20,676 | -€5,916 | -22.2% |
| Trade debts | 44 | €3,215 | €67 | -€3,148 | -97.9% |
| Suppliers | 440/4 | €3,215 | €67 | -€3,148 | -97.9% |
| Taxes, remuneration and social security | 45 | €6,224 | €793 | -€5,430 | -87.3% |
| Taxes | 450/3 | €6,224 | €793 | -€5,430 | -87.3% |
| Other amounts payable | 47/48 | €9,830 | €9,524 | -€306 | -3.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,869 | €30,455 | -€414 | -1.3% |
| Other operating charges | 640/8 | €768 | €1,426 | +€658 | +85.6% |
| Gross operating margin | 9900 | €35,823 | €35,756 | -€67 | -0.2% |
| Operating profit (loss) | 9901 | €4,185 | €3,875 | -€310 | -7.4% |
| Financial income | 75/76B | €6 | €178 | +€172 | +2732.9% |
| Recurring financial income | 75 | €6 | €178 | +€172 | +2732.9% |
| Financial charges | 65/66B | €1,875 | €1,564 | -€311 | -16.6% |
| Recurring financial charges | 65 | €1,875 | €1,564 | -€311 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €2,316 | €2,489 | +€172 | +7.4% |
| Income taxes | 67/77 | €1,252 | €1,292 | +€40 | +3.2% |
| Profit (loss) for the period | 9904 | €1,064 | €1,197 | +€133 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,064 | €1,197 | +€133 | +12.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.