Asarté: 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.
Asarté
Largest movements
- Cash +€23,805
up €23,805 (+425%), from €5,600 to €29,405
mainly Trade debts (+€28,787) and Depreciation (+€23,295)
- Receivables within one year +€8,096
up €8,096 (+112%), from €7,197 to €15,293
of which Other amounts receivable: +€7,567
- Formation expenses +€7,591
up €7,591 (+75.9%), from €10,000 to €17,591
- Trade debts +€28,787
up €28,787 (+107%), from €26,939 to €55,726
- Reserves +€13,000
new in 2025: €13,000
- Current portion of long-term debt -€9,666
down €9,666 (-15.7%), from €61,413 to €51,747
- Debts after one year +€8,863
up €8,863 (+21.2%), from €41,893 to €50,756
- Accrued charges and deferred income -€5,009
down €5,009 (-10.8%), from €46,494 to €41,484
- Depreciation +€11,201
up €11,201 (+92.6%), from €12,094 to €23,295
- Gross operating margin -€5,962
down €5,962 (-2.1%), from €283,066 to €277,105
- Write-downs +€4,764
new in 2025: €4,764
- Other operating charges +€3,953
up €3,953 (+1,265%), from €313 to €4,266
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 | €73,149 | €111,658 | +€38,509 | +52.6% |
| Formation expenses | 20 | €10,000 | €17,591 | +€7,591 | +75.9% |
| Fixed assets | 21/28 | €50,352 | €49,368 | -€984 | -2.0% |
| Tangible fixed assets | 22/27 | €50,352 | €49,368 | -€984 | -2.0% |
| Furniture and vehicles | 24 | €50,352 | €49,368 | -€984 | -2.0% |
| Current assets | 29/58 | €12,797 | €44,698 | +€31,901 | +249% |
| Amounts receivable within one year | 40/41 | €7,197 | €15,293 | +€8,096 | +112% |
| Trade receivables | 40 | €4,764 | €5,293 | +€529 | +11.1% |
| Other amounts receivable | 41 | €2,433 | €10,000 | +€7,567 | +311% |
| Cash at bank and in hand | 54/58 | €5,600 | €29,405 | +€23,805 | +425% |
| Total equity and liabilities | 10/49 | €73,149 | €111,658 | +€38,509 | +52.6% |
| Equity | 10/15 | -€131,683 | -€118,296 | +€13,387 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €13,000 | +€13,000 | |
| Distributable reserves | 133 | - | €13,000 | +€13,000 | |
| Profit (loss) carried forward | 14 | -€150,283 | -€149,896 | +€387 | +0.3% |
| Amounts payable | 17/49 | €204,832 | €229,953 | +€25,121 | +12.3% |
| Amounts payable after more than one year | 17 | €41,893 | €50,756 | +€8,863 | +21.2% |
| Financial debts | 170/4 | €41,893 | €50,756 | +€8,863 | +21.2% |
| Amounts payable within one year | 42/48 | €116,445 | €137,713 | +€21,267 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €61,413 | €51,747 | -€9,666 | -15.7% |
| Trade debts | 44 | €26,939 | €55,726 | +€28,787 | +107% |
| Suppliers | 440/4 | €26,939 | €55,726 | +€28,787 | +107% |
| Taxes, remuneration and social security | 45 | €25,094 | €27,490 | +€2,397 | +9.6% |
| Taxes | 450/3 | €4,900 | €6,261 | +€1,362 | +27.8% |
| Remuneration and social security | 454/9 | €20,194 | €21,229 | +€1,035 | +5.1% |
| Other amounts payable | 47/48 | €3,000 | €2,750 | -€250 | -8.3% |
| Accrued charges and deferred income | 492/3 | €46,494 | €41,484 | -€5,009 | -10.8% |
| Non-recurring operating income | 76A | €943 | - | -€943 | |
| Remuneration, social security and pensions | 62 | €187,478 | €186,395 | -€1,083 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,094 | €23,295 | +€11,201 | +92.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,764 | +€4,764 | |
| Other operating charges | 640/8 | €313 | €4,266 | +€3,953 | +1,265% |
| Non-recurring operating charges | 66A | €984 | €20,945 | +€19,961 | +2,029% |
| Gross operating margin | 9900 | €283,066 | €277,105 | -€5,962 | -2.1% |
| Operating profit (loss) | 9901 | €82,198 | €37,440 | -€44,758 | -54.5% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €12,592 | €11,143 | -€1,449 | -11.5% |
| Recurring financial charges | 65 | €12,592 | €11,143 | -€1,449 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €69,607 | €26,304 | -€43,303 | -62.2% |
| Income taxes | 67/77 | €15,000 | €12,917 | -€2,083 | -13.9% |
| Profit (loss) for the period | 9904 | €54,607 | €13,387 | -€41,220 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,607 | €13,387 | -€41,220 | -75.5% |
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 15 October 2026 via checked.be.