ASALAM: 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.
ASALAM
Largest movements
- Stocks and contracts -€19,640
down €19,640 (-66.4%), from €29,563 to €9,924
- Cash +€5,419
up €5,419 (+2.6%), from €212,242 to €217,662
mainly Net result for the year (+€23,530) and Stocks and contracts (+€19,640)
- Receivables within one year -€4,758
down €4,758 (-21.3%), from €22,323 to €17,565
of which Trade receivables: -€4,831
- Trade debts -€24,893
down €24,893 (-39.7%), from €62,685 to €37,793
- Profit (loss) carried forward +€23,530
up €23,530 (+209%), from €11,233 to €34,763
- Other debts -€20,298
down €20,298 (-59.8%), from €33,966 to €13,668
- Tax, wage and social debts +€3,029
up €3,029 (+13.0%), from €23,378 to €26,407
of which Taxes: +€3,029
- Taxes +€7,066
up €7,066 (+1,048%), from €674 to €7,740
- Gross operating margin +€4,145
up €4,145 (+12.7%), from €32,515 to €36,660
- Financial charges -€1,649
down €1,649 (-50.4%), from €3,270 to €1,621
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 | €270,965 | €252,333 | -€18,632 | -6.9% |
| Fixed assets | 21/28 | €6,398 | €5,681 | -€717 | -11.2% |
| Tangible fixed assets | 22/27 | €2,591 | €1,874 | -€717 | -27.7% |
| Plant, machinery and equipment | 23 | €39 | - | -€39 | |
| Furniture and vehicles | 24 | €2,552 | €1,874 | -€678 | -26.6% |
| Financial fixed assets | 28 | €3,807 | €3,807 | = | 0.0% |
| Current assets | 29/58 | €264,567 | €246,653 | -€17,915 | -6.8% |
| Stocks and contracts in progress | 3 | €29,563 | €9,924 | -€19,640 | -66.4% |
| Stocks | 30/36 | €29,563 | €9,924 | -€19,640 | -66.4% |
| Amounts receivable within one year | 40/41 | €22,323 | €17,565 | -€4,758 | -21.3% |
| Trade receivables | 40 | €17,331 | €12,500 | -€4,831 | -27.9% |
| Other amounts receivable | 41 | €4,993 | €5,065 | +€72 | +1.5% |
| Cash at bank and in hand | 54/58 | €212,242 | €217,662 | +€5,419 | +2.6% |
| Deferred charges and accrued income | 490/1 | €439 | €1,503 | +€1,064 | +243% |
| Total equity and liabilities | 10/49 | €270,965 | €252,333 | -€18,632 | -6.9% |
| Equity | 10/15 | €150,936 | €174,466 | +€23,530 | +15.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €133,503 | €133,503 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €131,643 | €131,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,233 | €34,763 | +€23,530 | +209% |
| Amounts payable | 17/49 | €120,029 | €77,867 | -€42,162 | -35.1% |
| Amounts payable within one year | 42/48 | €120,029 | €77,867 | -€42,162 | -35.1% |
| Trade debts | 44 | €62,685 | €37,793 | -€24,893 | -39.7% |
| Suppliers | 440/4 | €62,685 | €37,793 | -€24,893 | -39.7% |
| Taxes, remuneration and social security | 45 | €23,378 | €26,407 | +€3,029 | +13.0% |
| Taxes | 450/3 | €21,378 | €24,407 | +€3,029 | +14.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €33,966 | €13,668 | -€20,298 | -59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €732 | €717 | -€15 | -2.0% |
| Other operating charges | 640/8 | €2,788 | €2,760 | -€28 | -1.0% |
| Non-recurring operating charges | 66A | €116 | €294 | +€178 | +153% |
| Gross operating margin | 9900 | €32,515 | €36,660 | +€4,145 | +12.7% |
| Operating profit (loss) | 9901 | €28,879 | €32,889 | +€4,011 | +13.9% |
| Financial income | 75/76B | €14 | €2 | -€12 | -85.6% |
| Recurring financial income | 75 | €14 | €2 | -€12 | -85.6% |
| Financial charges | 65/66B | €3,270 | €1,621 | -€1,649 | -50.4% |
| Recurring financial charges | 65 | €3,270 | €1,621 | -€1,649 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €25,622 | €31,270 | +€5,648 | +22.0% |
| Income taxes | 67/77 | €674 | €7,740 | +€7,066 | +1,048% |
| Profit (loss) for the period | 9904 | €24,948 | €23,530 | -€1,418 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,948 | €23,530 | -€1,418 | -5.7% |
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 15 October 2026 via checked.be.