ASAD TRANS: 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.
ASAD TRANS
Largest movements
- Receivables within one year +€15,687
up €15,687 (+209.0%), from €7,505 to €23,192
of which Other amounts receivable: +€11,314
- Tangible fixed assets -€12,783
down €12,783 (-44.7%), from €28,610 to €15,827
- Other debts -€15,152
no longer reported in 2025 (was €15,152)
- Profit (loss) carried forward +€10,080
up €10,080 (+402.1%), from €2,507 to €12,587
- Trade debts +€8,009
up €8,009 (+93.3%), from €8,584 to €16,593
- Tax, wage and social debts -€629
no longer reported in 2025 (was €629)
- Gross operating margin +€6,981
up €6,981 (+74.4%), from €9,382 to €16,362
- Depreciation +€5,753
up €5,753 (+311.4%), from €1,848 to €7,601
- Financial income +€3,750
new in 2025: €3,750
of which Financial income: +€3,750
- Other operating charges +€757
up €757 (+46.5%), from €1,629 to €2,386
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 | €41,871 | €44,179 | +€2,308 | +5.5% |
| Formation expenses | 20 | €871 | €653 | -€218 | -25.0% |
| Fixed assets | 21/28 | €28,610 | €15,827 | -€12,783 | -44.7% |
| Tangible fixed assets | 22/27 | €28,610 | €15,827 | -€12,783 | -44.7% |
| Furniture and vehicles | 24 | €28,610 | €15,827 | -€12,783 | -44.7% |
| Current assets | 29/58 | €12,390 | €27,700 | +€15,309 | +123.6% |
| Amounts receivable within one year | 40/41 | €7,505 | €23,192 | +€15,687 | +209.0% |
| Trade receivables | 40 | €7,505 | €11,877 | +€4,373 | +58.3% |
| Other amounts receivable | 41 | - | €11,314 | +€11,314 | |
| Cash at bank and in hand | 54/58 | €4,886 | €4,508 | -€378 | -7.7% |
| Total equity and liabilities | 10/49 | €41,871 | €44,179 | +€2,308 | +5.5% |
| Equity | 10/15 | €17,507 | €27,587 | +€10,080 | +57.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,507 | €12,587 | +€10,080 | +402.1% |
| Amounts payable | 17/49 | €24,364 | €16,593 | -€7,772 | -31.9% |
| Amounts payable within one year | 42/48 | €24,364 | €16,593 | -€7,772 | -31.9% |
| Trade debts | 44 | €8,584 | €16,593 | +€8,009 | +93.3% |
| Suppliers | 440/4 | €8,584 | €16,593 | +€8,009 | +93.3% |
| Taxes, remuneration and social security | 45 | €629 | - | -€629 | |
| Taxes | 450/3 | €629 | - | -€629 | |
| Other amounts payable | 47/48 | €15,152 | - | -€15,152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,848 | €7,601 | +€5,753 | +311.4% |
| Other operating charges | 640/8 | €1,629 | €2,386 | +€757 | +46.5% |
| Non-recurring operating charges | 66A | €3,306 | - | -€3,306 | |
| Gross operating margin | 9900 | €9,382 | €16,362 | +€6,981 | +74.4% |
| Operating profit (loss) | 9901 | €2,599 | €6,375 | +€3,776 | +145.3% |
| Financial income | 75/76B | - | €3,750 | +€3,750 | |
| Recurring financial income | 75 | - | €3,750 | +€3,750 | |
| Non-recurring financial income | 76B | - | €3,750 | +€3,750 | |
| Financial charges | 65/66B | €92 | €45 | -€47 | -51.3% |
| Recurring financial charges | 65 | €92 | €45 | -€47 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €2,507 | €10,080 | +€7,573 | +302.1% |
| Profit (loss) for the period | 9904 | €2,507 | €10,080 | +€7,573 | +302.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,507 | €10,080 | +€7,573 | +302.1% |
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 11 October 2026 via checked.be.