ASAHI: 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.
ASAHI
Largest movements
- Receivables within one year +€8,536
up €8,536 (+39.7%), from €21,481 to €30,017
of which Trade receivables: +€6,333
- Cash +€6,117
up €6,117 (+31.2%), from €19,612 to €25,729
mainly Net result for the year (+€14,688) and Depreciation (+€8,979)
- Stocks and contracts +€2,557
up €2,557 (+15.5%), from €16,514 to €19,071
- Reserves +€14,688
up €14,688 (+114.9%), from €12,788 to €27,476
- Short-term financial debts +€2,690
new in 2025: €2,690
- Gross operating margin +€12,849
up €12,849 (+58.5%), from €21,964 to €34,813
- Taxes +€4,966
up €4,966 (+215.9%), from €2,300 to €7,266
- Financial charges +€1,009
up €1,009 (+29.6%), from €3,409 to €4,418
- Financial income +€958
up €958 (+84.0%), from €1,141 to €2,099
- Other operating charges -€957
down €957 (-38.0%), from €2,518 to €1,561
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 | €104,985 | €122,210 | +€17,224 | +16.4% |
| Fixed assets | 21/28 | €41,684 | €41,724 | +€40 | +0.1% |
| Tangible fixed assets | 22/27 | €41,684 | €41,724 | +€40 | +0.1% |
| Plant, machinery and equipment | 23 | €9,444 | €15,051 | +€5,607 | +59.4% |
| Furniture and vehicles | 24 | €6,030 | €3,580 | -€2,450 | -40.6% |
| Other tangible fixed assets | 26 | €26,211 | €23,094 | -€3,117 | -11.9% |
| Current assets | 29/58 | €63,301 | €80,485 | +€17,184 | +27.1% |
| Stocks and contracts in progress | 3 | €16,514 | €19,071 | +€2,557 | +15.5% |
| Stocks | 30/36 | €16,514 | €19,071 | +€2,557 | +15.5% |
| Amounts receivable within one year | 40/41 | €21,481 | €30,017 | +€8,536 | +39.7% |
| Trade receivables | 40 | €18,219 | €24,552 | +€6,333 | +34.8% |
| Other amounts receivable | 41 | €3,262 | €5,465 | +€2,203 | +67.5% |
| Cash at bank and in hand | 54/58 | €19,612 | €25,729 | +€6,117 | +31.2% |
| Deferred charges and accrued income | 490/1 | €5,695 | €5,669 | -€26 | -0.5% |
| Total equity and liabilities | 10/49 | €104,985 | €122,210 | +€17,224 | +16.4% |
| Equity | 10/15 | €31,388 | €46,076 | +€14,688 | +46.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,788 | €27,476 | +€14,688 | +114.9% |
| Distributable reserves | 133 | €12,788 | €27,476 | +€14,688 | +114.9% |
| Amounts payable | 17/49 | €73,597 | €76,134 | +€2,536 | +3.4% |
| Amounts payable after more than one year | 17 | €46,363 | €45,945 | -€418 | -0.9% |
| Financial debts | 170/4 | €21,052 | €23,576 | +€2,524 | +12.0% |
| Other amounts payable | 178/9 | €25,311 | €22,369 | -€2,941 | -11.6% |
| Amounts payable within one year | 42/48 | €26,847 | €30,189 | +€3,342 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €12,261 | €11,476 | -€784 | -6.4% |
| Financial debts | 43 | - | €2,690 | +€2,690 | |
| Credit institutions | 430/8 | - | €2,690 | +€2,690 | |
| Trade debts | 44 | €5,539 | €6,085 | +€546 | +9.9% |
| Suppliers | 440/4 | €5,539 | €6,085 | +€546 | +9.9% |
| Taxes, remuneration and social security | 45 | €8,797 | €9,687 | +€890 | +10.1% |
| Taxes | 450/3 | €4,397 | €5,687 | +€1,290 | +29.3% |
| Remuneration and social security | 454/9 | €4,400 | €4,000 | -€400 | -9.1% |
| Other amounts payable | 47/48 | €250 | €250 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €388 | - | -€388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,048 | €8,979 | -€69 | -0.8% |
| Other operating charges | 640/8 | €2,518 | €1,561 | -€957 | -38.0% |
| Non-recurring operating charges | 66A | €212 | - | -€212 | |
| Gross operating margin | 9900 | €21,964 | €34,813 | +€12,849 | +58.5% |
| Operating profit (loss) | 9901 | €10,185 | €24,273 | +€14,088 | +138.3% |
| Financial income | 75/76B | €1,141 | €2,099 | +€958 | +84.0% |
| Recurring financial income | 75 | €1,141 | €2,099 | +€958 | +84.0% |
| Financial charges | 65/66B | €3,409 | €4,418 | +€1,009 | +29.6% |
| Recurring financial charges | 65 | €3,409 | €4,418 | +€1,009 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €7,917 | €21,954 | +€14,037 | +177.3% |
| Income taxes | 67/77 | €2,300 | €7,266 | +€4,966 | +215.9% |
| Profit (loss) for the period | 9904 | €5,617 | €14,688 | +€9,071 | +161.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,617 | €14,688 | +€9,071 | +161.5% |
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 12 October 2026 via checked.be.