ASAMCO: 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.
What changed
ASAMCO
NACE 46.841, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€68,668
2024 · €67,233+€1,435
Equity
€501,683
2024 · €468,606+€33,077
Cash
€699,047
2024 · €134,537+€564,510
Balance sheet total
€14.9m
2024 · €13.0m+€1.9m
Largest movements
Assets
- Receivables within one year +€1.4m
up €1.4m (+11.2%), from €12.0m to €13.4m
of which Trade receivables: +€1.4m
- Cash +€564,510
up €564,510 (+420%), from €134,537 to €699,047
mainly Trade debts (+€1.5m) and Short-term financial debts (+€312,544)
Equity and liabilities
- Trade debts +€1.5m
up €1.5m (+24.3%), from €6.2m to €7.7m
- Short-term financial debts +€312,544
up €312,544 (+56.8%), from €550,121 to €862,665
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€67,233
Turnover
-€749,475
Other operating income
+€801
Goods and materials
+€798,261
Services and other goods
-€24,277
Staff costs
-€103,708
Depreciation
-€36,416
Write-downs
-€17,869
Other operating charges
-€3,160
Other operating items
-€5,364
Financial income
-€30,477
Financial charges
+€177,212
Taxes
-€4,094
Result 2025
€68,668
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€468,846
Investment
-€87,262
Financing
+€182,926
Cash 2024
€134,537
From operations (derived)
+€468,846
Net result for the year
+€68,668
Depreciation
+€132,802
Receivables within one year
-€1.4m
Deferred charges and accrued income
+€3,943
Trade debts
+€1.5m
Tax, wage and social debts
+€89,781
Other debts
+€47,207
Accrued charges and deferred income
-€17,500
Investment (derived)
-€87,262
Investment in fixed assets (net)
-€87,262
Financing
+€182,926
Debts after one year
-€97,675
Current portion of long-term debt
+€3,648
Short-term financial debts
+€312,544
Contributions, distributions and other
-€35,590
Cash 2025
€699,047
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,009,311 | €14,878,255 | +€1.9m | +14.4% |
| Fixed assets | 21/28 | €818,405 | €772,865 | -€45,540 | -5.6% |
| Tangible fixed assets | 22/27 | €689,299 | €659,578 | -€29,721 | -4.3% |
| Plant, machinery and equipment | 23 | €630,767 | €576,140 | -€54,627 | -8.7% |
| Furniture and vehicles | 24 | €58,532 | €83,438 | +€24,906 | +42.6% |
| Financial fixed assets | 28 | €129,106 | €113,287 | -€15,819 | -12.3% |
| Other financial fixed assets | 284/8 | €129,106 | €113,287 | -€15,819 | -12.3% |
| Shares | 284 | €12,000 | €12,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €117,106 | €101,287 | -€15,819 | -13.5% |
| Current assets | 29/58 | €12,190,906 | €14,105,390 | +€1.9m | +15.7% |
| Amounts receivable within one year | 40/41 | €12,043,937 | €13,397,854 | +€1.4m | +11.2% |
| Trade receivables | 40 | €12,008,201 | €13,397,854 | +€1.4m | +11.6% |
| Other amounts receivable | 41 | €35,735 | - | -€35,735 | |
| Cash at bank and in hand | 54/58 | €134,537 | €699,047 | +€564,510 | +420% |
| Deferred charges and accrued income | 490/1 | €12,432 | €8,489 | -€3,943 | -31.7% |
| Total equity and liabilities | 10/49 | €13,009,311 | €14,878,255 | +€1.9m | +14.4% |
| Equity | 10/15 | €468,606 | €501,683 | +€33,077 | +7.1% |
| Contributions | 10/11 | €256,441 | €236,964 | -€19,476 | -7.6% |
| Reserves | 13 | €212,165 | €264,719 | +€52,554 | +24.8% |
| Non-distributable reserves | 130/1 | €8,968 | €8,287 | -€681 | -7.6% |
| Reserves not available under the articles | 1311 | €8,968 | €8,287 | -€681 | -7.6% |
| Tax-exempt reserves | 132 | €5,116 | €4,728 | -€389 | -7.6% |
| Distributable reserves | 133 | €198,080 | €251,704 | +€53,624 | +27.1% |
| Amounts payable | 17/49 | €12,540,705 | €14,376,572 | +€1.8m | +14.6% |
| Amounts payable after more than one year | 17 | €367,887 | €270,212 | -€97,675 | -26.6% |
| Financial debts | 170/4 | €367,887 | €270,212 | -€97,675 | -26.6% |
| Credit institutions | 173 | €367,887 | €270,212 | -€97,675 | -26.6% |
| Amounts payable within one year | 42/48 | €12,152,818 | €14,103,860 | +€2.0m | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €94,027 | €97,675 | +€3,648 | +3.9% |
| Financial debts | 43 | €550,121 | €862,665 | +€312,544 | +56.8% |
| Credit institutions | 430/8 | €550,121 | €862,665 | +€312,544 | +56.8% |
| Trade debts | 44 | €6,163,194 | €7,661,056 | +€1.5m | +24.3% |
| Suppliers | 440/4 | €6,163,194 | €7,661,056 | +€1.5m | +24.3% |
| Taxes, remuneration and social security | 45 | €1,784,336 | €1,874,117 | +€89,781 | +5.0% |
| Taxes | 450/3 | €1,621,727 | €1,692,286 | +€70,559 | +4.4% |
| Remuneration and social security | 454/9 | €162,609 | €181,831 | +€19,222 | +11.8% |
| Other amounts payable | 47/48 | €3,561,139 | €3,608,346 | +€47,207 | +1.3% |
| Accrued charges and deferred income | 492/3 | €20,000 | €2,500 | -€17,500 | -87.5% |
| Operating income | 70/76A | €164,601,851 | €163,847,812 | -€754,038 | -0.5% |
| Turnover | 70 | €164,591,520 | €163,842,045 | -€749,475 | -0.5% |
| Other operating income | 74 | €4,736 | €5,537 | +€801 | +16.9% |
| Non-recurring operating income | 76A | €5,595 | €231 | -€5,364 | -95.9% |
| Operating charges | 60/66A | €164,660,487 | €164,047,654 | -€612,832 | -0.4% |
| Goods for resale, raw materials and consumables | 60 | €160,599,466 | €159,801,205 | -€798,261 | -0.5% |
| Purchases | 600/8 | €160,599,466 | €159,801,205 | -€798,261 | -0.5% |
| Services and other goods | 61 | €2,270,997 | €2,295,273 | +€24,277 | +1.1% |
| Remuneration, social security and pensions | 62 | €1,689,611 | €1,793,319 | +€103,708 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,387 | €132,802 | +€36,416 | +37.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,869 | +€17,869 | |
| Other operating charges | 640/8 | €4,026 | €7,186 | +€3,160 | +78.5% |
| Operating profit (loss) | 9901 | -€58,636 | -€199,842 | -€141,206 | -241% |
| Financial income | 75/76B | €3,604,688 | €3,574,210 | -€30,477 | -0.8% |
| Recurring financial income | 75 | €3,604,688 | €3,574,210 | -€30,477 | -0.8% |
| Income from current assets | 751 | €34,278 | €69,345 | +€35,067 | +102% |
| Other financial income | 752/9 | €3,570,410 | €3,504,866 | -€65,544 | -1.8% |
| Financial charges | 65/66B | €3,429,833 | €3,252,621 | -€177,212 | -5.2% |
| Recurring financial charges | 65 | €3,429,833 | €3,252,621 | -€177,212 | -5.2% |
| Debt charges | 650 | €275,257 | €274,895 | -€362 | -0.1% |
| Other financial charges | 652/9 | €3,154,577 | €2,977,727 | -€176,850 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €116,219 | €121,747 | +€5,529 | +4.8% |
| Income taxes | 67/77 | €48,986 | €53,080 | +€4,094 | +8.4% |
| Taxes | 670/3 | €48,986 | €53,080 | +€4,094 | +8.4% |
| Profit (loss) for the period | 9904 | €67,233 | €68,668 | +€1,435 | +2.1% |
| Transfer from tax-exempt reserves | 789 | €194 | €389 | +€194 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €67,427 | €69,056 | +€1,629 | +2.4% |
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.