ASACOM: 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.
ASACOM
Largest movements
- Current investments +€78,837
up €78,837 (+87.3%), from €90,291 to €169,128
- Cash +€67,271
up €67,271 (+80.3%), from €83,765 to €151,036
mainly Net result for the year (+€147,602) and Other debts (+€66,833)
- Other debts +€66,833
up €66,833 (+75.9%), from €88,006 to €154,839
- Financial income +€46,005
up €46,005 (+43.6%), from €105,510 to €151,515
- Gross operating margin +€45,734
up €45,734, from -€17,156 to €28,578
- Taxes +€8,200
up €8,200 (+111.3%), from €7,365 to €15,566
- Other operating charges +€2,255
up €2,255 (+198.0%), from €1,139 to €3,393
- Financial charges -€331
down €331 (-62.3%), from €531 to €200
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 | €4,224,213 | €4,319,812 | +€95,599 | +2.3% |
| Fixed assets | 21/28 | €3,838,837 | €3,825,506 | -€13,332 | -0.3% |
| Tangible fixed assets | 22/27 | €22,171 | €8,839 | -€13,332 | -60.1% |
| Furniture and vehicles | 24 | €22,171 | €8,839 | -€13,332 | -60.1% |
| Financial fixed assets | 28 | €3,816,667 | €3,816,667 | = | 0.0% |
| Current assets | 29/58 | €385,376 | €494,306 | +€108,931 | +28.3% |
| Amounts receivable after more than one year | 29 | €51,641 | €51,641 | = | 0.0% |
| Other amounts receivable | 291 | €51,641 | €51,641 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150,211 | €113,113 | -€37,098 | -24.7% |
| Trade receivables | 40 | €6,633 | €23,478 | +€16,845 | +253.9% |
| Other amounts receivable | 41 | €143,578 | €89,635 | -€53,943 | -37.6% |
| Current investments | 50/53 | €90,291 | €169,128 | +€78,837 | +87.3% |
| Cash at bank and in hand | 54/58 | €83,765 | €151,036 | +€67,271 | +80.3% |
| Deferred charges and accrued income | 490/1 | €9,468 | €9,389 | -€79 | -0.8% |
| Total equity and liabilities | 10/49 | €4,224,213 | €4,319,812 | +€95,599 | +2.3% |
| Equity | 10/15 | €4,127,917 | €4,113,023 | -€14,893 | -0.4% |
| Contributions | 10/11 | €3,816,667 | €3,816,667 | = | 0.0% |
| Reserves | 13 | €311,250 | €296,357 | -€14,893 | -4.8% |
| Non-distributable reserves | 130/1 | €13,250 | €13,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,250 | €13,250 | = | 0.0% |
| Distributable reserves | 133 | €298,000 | €283,107 | -€14,893 | -5.0% |
| Amounts payable | 17/49 | €96,296 | €206,789 | +€110,492 | +114.7% |
| Amounts payable within one year | 42/48 | €96,296 | €206,789 | +€110,492 | +114.7% |
| Trade debts | 44 | €925 | €27,509 | +€26,584 | +2874.2% |
| Suppliers | 440/4 | €925 | €27,509 | +€26,584 | +2874.2% |
| Taxes, remuneration and social security | 45 | €7,365 | €24,441 | +€17,075 | +231.8% |
| Taxes | 450/3 | €7,365 | €24,441 | +€17,075 | +231.8% |
| Other amounts payable | 47/48 | €88,006 | €154,839 | +€66,833 | +75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,332 | €13,332 | = | 0.0% |
| Other operating charges | 640/8 | €1,139 | €3,393 | +€2,255 | +198.0% |
| Gross operating margin | 9900 | -€17,156 | €28,578 | +€45,734 | |
| Operating profit (loss) | 9901 | -€31,627 | €11,853 | +€43,480 | |
| Financial income | 75/76B | €105,510 | €151,515 | +€46,005 | +43.6% |
| Recurring financial income | 75 | €105,510 | €151,515 | +€46,005 | +43.6% |
| Financial charges | 65/66B | €531 | €200 | -€331 | -62.3% |
| Recurring financial charges | 65 | €531 | €200 | -€331 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €73,352 | €163,168 | +€89,816 | +122.4% |
| Income taxes | 67/77 | €7,365 | €15,566 | +€8,200 | +111.3% |
| Profit (loss) for the period | 9904 | €65,986 | €147,602 | +€81,616 | +123.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,986 | €147,602 | +€81,616 | +123.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.