ASAF SOLUTIONS: 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.
ASAF SOLUTIONS
Largest movements
- Tangible fixed assets -€423
down €423 (-51.5%), from €821 to €399
of which Plant, machinery and equipment: -€223
- Receivables within one year -€39
down €39 (-1.3%), from €2,959 to €2,920
of which Other amounts receivable: -€39
- Trade debts -€444
down €444 (-55.5%), from €799 to €355
- Gross operating margin +€737
up €737, from -€293 to €444
- Depreciation -€29
down €29 (-6.5%), from €452 to €423
- Taxes +€6
new in 2025: €6
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,780 | €3,318 | -€462 | -12.2% |
| Fixed assets | 21/28 | €821 | €399 | -€423 | -51.5% |
| Tangible fixed assets | 22/27 | €821 | €399 | -€423 | -51.5% |
| Plant, machinery and equipment | 23 | €621 | €399 | -€223 | -35.8% |
| Furniture and vehicles | 24 | €200 | - | -€200 | |
| Current assets | 29/58 | €2,959 | €2,920 | -€39 | -1.3% |
| Amounts receivable within one year | 40/41 | €2,959 | €2,920 | -€39 | -1.3% |
| Trade receivables | 40 | €805 | €805 | = | 0.0% |
| Other amounts receivable | 41 | €2,153 | €2,114 | -€39 | -1.8% |
| Total equity and liabilities | 10/49 | €3,780 | €3,318 | -€462 | -12.2% |
| Equity | 10/15 | €2,546 | €2,562 | +€15 | +0.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €1,046 | €1,046 | = | 0.0% |
| Distributable reserves | 133 | €1,046 | €1,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €15 | +€15 | |
| Amounts payable | 17/49 | €1,234 | €757 | -€477 | -38.7% |
| Amounts payable within one year | 42/48 | €1,234 | €757 | -€477 | -38.7% |
| Trade debts | 44 | €799 | €355 | -€444 | -55.5% |
| Suppliers | 440/4 | €799 | €355 | -€444 | -55.5% |
| Taxes, remuneration and social security | 45 | €435 | €401 | -€34 | -7.7% |
| Taxes | 450/3 | €435 | €401 | -€34 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €452 | €423 | -€29 | -6.5% |
| Gross operating margin | 9900 | -€293 | €444 | +€737 | |
| Operating profit (loss) | 9901 | -€745 | €21 | +€766 | |
| Profit (loss) for the period before taxes | 9903 | -€745 | €21 | +€766 | |
| Income taxes | 67/77 | - | €6 | +€6 | |
| Profit (loss) for the period | 9904 | -€745 | €15 | +€761 | |
| Profit (loss) for the period to be appropriated | 9905 | -€745 | €15 | +€761 |
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 18 October 2026 via checked.be.