ASANGA 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.
ASANGA SOLUTIONS
Largest movements
- Receivables within one year -€87,776
down €87,776 (-75.6%), from €116,061 to €28,286
of which Trade receivables: -€50,662
- Tangible fixed assets -€21,562
down €21,562 (-78.2%), from €27,561 to €5,999
of which Plant, machinery and equipment: -€13,741
- Cash -€18,402
down €18,402 (-88.6%), from €20,759 to €2,357
mainly Net result for the year (-€79,407) and Trade debts (-€20,837)
- Stocks and contracts -€7,740
down €7,740 (-100%), from €7,740 to €0
- Financial fixed assets -€6,375
down €6,375 (-83.1%), from €7,675 to €1,300
- Profit (loss) carried forward -€79,407
down €79,407 (-184%), from -€43,255 to -€122,662
- Trade debts -€20,837
down €20,837 (-43.2%), from €48,207 to €27,370
- Current portion of long-term debt -€18,435
down €18,435 (-92.7%), from €19,886 to €1,451
- Short-term financial debts -€11,992
down €11,992 (-11.8%), from €101,992 to €90,000
- Tax, wage and social debts -€9,407
down €9,407 (-67.6%), from €13,909 to €4,503
of which Taxes: -€9,050
- Gross operating margin +€57,913
up €57,913 (+98.8%), from -€58,640 to -€727
- Depreciation -€13,640
down €13,640 (-67.3%), from €20,262 to €6,622
- Financial income -€3,382
down €3,382 (-99.2%), from €3,409 to €27
- Financial charges -€1,092
down €1,092 (-10.7%), from €10,188 to €9,095
of which Financial charges: -€1,092
- Staff costs -€698
down €698 (-3.9%), from €17,952 to €17,254
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 | €184,748 | €39,343 | -€145,404 | -78.7% |
| Fixed assets | 21/28 | €35,236 | €7,299 | -€27,937 | -79.3% |
| Tangible fixed assets | 22/27 | €27,561 | €5,999 | -€21,562 | -78.2% |
| Plant, machinery and equipment | 23 | €14,094 | €354 | -€13,741 | -97.5% |
| Furniture and vehicles | 24 | €13,466 | €5,645 | -€7,821 | -58.1% |
| Financial fixed assets | 28 | €7,675 | €1,300 | -€6,375 | -83.1% |
| Current assets | 29/58 | €149,512 | €32,045 | -€117,467 | -78.6% |
| Stocks and contracts in progress | 3 | €7,740 | €0 | -€7,740 | -100% |
| Stocks | 30/36 | €7,740 | €0 | -€7,740 | -100% |
| Amounts receivable within one year | 40/41 | €116,061 | €28,286 | -€87,776 | -75.6% |
| Trade receivables | 40 | €76,580 | €25,918 | -€50,662 | -66.2% |
| Other amounts receivable | 41 | €39,481 | €2,368 | -€37,113 | -94.0% |
| Cash at bank and in hand | 54/58 | €20,759 | €2,357 | -€18,402 | -88.6% |
| Deferred charges and accrued income | 490/1 | €4,951 | €1,402 | -€3,550 | -71.7% |
| Total equity and liabilities | 10/49 | €184,748 | €39,343 | -€145,404 | -78.7% |
| Equity | 10/15 | -€22,795 | -€102,202 | -€79,407 | -348% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,255 | -€122,662 | -€79,407 | -184% |
| Amounts payable | 17/49 | €207,543 | €141,546 | -€65,997 | -31.8% |
| Amounts payable after more than one year | 17 | €1,451 | €0 | -€1,451 | -100% |
| Financial debts | 170/4 | €1,451 | €0 | -€1,451 | -100% |
| Amounts payable within one year | 42/48 | €205,152 | €141,546 | -€63,607 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €19,886 | €1,451 | -€18,435 | -92.7% |
| Financial debts | 43 | €101,992 | €90,000 | -€11,992 | -11.8% |
| Credit institutions | 430/8 | €101,992 | €90,000 | -€11,992 | -11.8% |
| Trade debts | 44 | €48,207 | €27,370 | -€20,837 | -43.2% |
| Suppliers | 440/4 | €48,207 | €27,370 | -€20,837 | -43.2% |
| Taxes, remuneration and social security | 45 | €13,909 | €4,503 | -€9,407 | -67.6% |
| Taxes | 450/3 | €11,460 | €2,410 | -€9,050 | -79.0% |
| Remuneration and social security | 454/9 | €2,449 | €2,092 | -€357 | -14.6% |
| Other amounts payable | 47/48 | €21,158 | €18,221 | -€2,937 | -13.9% |
| Accrued charges and deferred income | 492/3 | €939 | €0 | -€939 | -100% |
| Non-recurring operating income | 76A | €1,565 | €11,786 | +€10,220 | +653% |
| Remuneration, social security and pensions | 62 | €17,952 | €17,254 | -€698 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,262 | €6,622 | -€13,640 | -67.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,701 | €1,975 | +€274 | +16.1% |
| Non-recurring operating charges | 66A | - | €43,628 | +€43,628 | |
| Gross operating margin | 9900 | -€58,640 | -€727 | +€57,913 | +98.8% |
| Operating profit (loss) | 9901 | -€98,556 | -€70,207 | +€28,349 | +28.8% |
| Financial income | 75/76B | €3,409 | €27 | -€3,382 | -99.2% |
| Recurring financial income | 75 | €3,409 | €27 | -€3,382 | -99.2% |
| Financial charges | 65/66B | €10,188 | €9,095 | -€1,092 | -10.7% |
| Recurring financial charges | 65 | €10,188 | €9,095 | -€1,092 | -10.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€105,334 | -€79,275 | +€26,059 | +24.7% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€105,462 | -€79,407 | +€26,055 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,462 | -€79,407 | +€26,055 | +24.7% |
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 28 October 2026 via checked.be.