ASAL K: 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.
ASAL K
Largest movements
- Stocks and contracts -€10,512
down €10,512 (-24.1%), from €43,614 to €33,102
- Cash +€9,082
up €9,082 (+5,923%), from €153 to €9,235
mainly Net result for the year (+€12,698) and Stocks and contracts (+€10,512)
- Receivables within one year +€8,468
up €8,468 (+413%), from €2,049 to €10,517
- Profit (loss) carried forward +€12,698
up €12,698 (+24.1%), from -€52,695 to -€39,996
- Tax, wage and social debts -€5,952
down €5,952 (-98.9%), from €6,017 to €65
- Gross operating margin +€17,035
up €17,035, from -€2,129 to €14,907
- Depreciation -€1,167
down €1,167 (-70.0%), from €1,667 to €500
- Financial income +€370
new in 2025: €370
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
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 | €48,205 | €54,743 | +€6,537 | +13.6% |
| Fixed assets | 21/28 | €2,388 | €1,888 | -€500 | -20.9% |
| Tangible fixed assets | 22/27 | €2,388 | €1,888 | -€500 | -20.9% |
| Furniture and vehicles | 24 | €2,388 | €1,888 | -€500 | -20.9% |
| Current assets | 29/58 | €45,817 | €52,854 | +€7,037 | +15.4% |
| Stocks and contracts in progress | 3 | €43,614 | €33,102 | -€10,512 | -24.1% |
| Stocks | 30/36 | €43,614 | €33,102 | -€10,512 | -24.1% |
| Amounts receivable within one year | 40/41 | €2,049 | €10,517 | +€8,468 | +413% |
| Other amounts receivable | 41 | €2,049 | €10,517 | +€8,468 | +413% |
| Cash at bank and in hand | 54/58 | €153 | €9,235 | +€9,082 | +5,923% |
| Total equity and liabilities | 10/49 | €48,205 | €54,743 | +€6,537 | +13.6% |
| Equity | 10/15 | -€34,095 | -€21,396 | +€12,698 | +37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,695 | -€39,996 | +€12,698 | +24.1% |
| Amounts payable | 17/49 | €82,300 | €76,139 | -€6,161 | -7.5% |
| Amounts payable after more than one year | 17 | €76,062 | €76,062 | = | 0.0% |
| Other amounts payable | 178/9 | €76,062 | €76,062 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,238 | €78 | -€6,161 | -98.8% |
| Trade debts | 44 | €222 | €13 | -€209 | -94.2% |
| Suppliers | 440/4 | €222 | €13 | -€209 | -94.2% |
| Taxes, remuneration and social security | 45 | €6,017 | €65 | -€5,952 | -98.9% |
| Taxes | 450/3 | €6,017 | €65 | -€5,952 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,667 | €500 | -€1,167 | -70.0% |
| Other operating charges | 640/8 | €1,900 | €1,904 | +€5 | +0.2% |
| Gross operating margin | 9900 | -€2,129 | €14,907 | +€17,035 | |
| Operating profit (loss) | 9901 | -€5,695 | €12,502 | +€18,197 | |
| Financial income | 75/76B | - | €370 | +€370 | |
| Recurring financial income | 75 | - | €370 | +€370 | |
| Financial charges | 65/66B | €318 | €174 | -€144 | -45.2% |
| Recurring financial charges | 65 | €318 | €174 | -€144 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,013 | €12,698 | +€18,711 | |
| Profit (loss) for the period | 9904 | -€6,013 | €12,698 | +€18,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,013 | €12,698 | +€18,711 |
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 14 October 2026 via checked.be.