ASASAT 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.
ASASAT SOLUTIONS
Largest movements
- Cash -€77,620
down €77,620 (-49.2%), from €157,718 to €80,098
mainly Trade debts (-€57,883) and Other debts (-€41,339)
- Receivables within one year -€42,476
down €42,476 (-97.8%), from €43,445 to €968
of which Other amounts receivable: -€22,511
- Tangible fixed assets -€4,953
down €4,953 (-82.4%), from €6,012 to €1,059
- Trade debts -€57,883
down €57,883 (-99.8%), from €57,997 to €114
- Other debts -€41,339
no longer reported in 2023 (was €41,339)
- Profit (loss) carried forward -€15,670
down €15,670 (-17.0%), from €92,065 to €76,395
- Tax, wage and social debts -€10,183
no longer reported in 2023 (was €10,183)
- Depreciation -€1,710
down €1,710 (-21.8%), from €7,828 to €6,118
- Gross operating margin +€325
up €325 (+4.2%), from -€7,827 to -€7,502
- Financial income -€200
no longer reported in 2023 (was €200)
- Taxes +€192
up €192 (+291%), from €66 to €258
- Other operating charges -€147
down €147 (-11.6%), from €1,266 to €1,118
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,784 | €82,709 | -€125,076 | -60.2% |
| Fixed assets | 21/28 | €6,012 | €1,059 | -€4,953 | -82.4% |
| Tangible fixed assets | 22/27 | €6,012 | €1,059 | -€4,953 | -82.4% |
| Furniture and vehicles | 24 | €6,012 | €1,059 | -€4,953 | -82.4% |
| Current assets | 29/58 | €201,773 | €81,650 | -€120,123 | -59.5% |
| Amounts receivable within one year | 40/41 | €43,445 | €968 | -€42,476 | -97.8% |
| Trade receivables | 40 | €19,965 | - | -€19,965 | |
| Other amounts receivable | 41 | €23,480 | €968 | -€22,511 | -95.9% |
| Cash at bank and in hand | 54/58 | €157,718 | €80,098 | -€77,620 | -49.2% |
| Deferred charges and accrued income | 490/1 | €610 | €583 | -€26 | -4.3% |
| Total equity and liabilities | 10/49 | €207,784 | €82,709 | -€125,076 | -60.2% |
| Equity | 10/15 | €98,265 | €82,595 | -€15,670 | -15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | €92,065 | €76,395 | -€15,670 | -17.0% |
| Amounts payable | 17/49 | €109,519 | €114 | -€109,405 | -99.9% |
| Amounts payable within one year | 42/48 | €109,519 | €114 | -€109,405 | -99.9% |
| Trade debts | 44 | €57,997 | €114 | -€57,883 | -99.8% |
| Suppliers | 440/4 | €57,997 | €114 | -€57,883 | -99.8% |
| Taxes, remuneration and social security | 45 | €10,183 | - | -€10,183 | |
| Taxes | 450/3 | €10,183 | - | -€10,183 | |
| Other amounts payable | 47/48 | €41,339 | - | -€41,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,828 | €6,118 | -€1,710 | -21.8% |
| Other operating charges | 640/8 | €1,266 | €1,118 | -€147 | -11.6% |
| Gross operating margin | 9900 | -€7,827 | -€7,502 | +€325 | +4.2% |
| Operating profit (loss) | 9901 | -€16,921 | -€14,738 | +€2,183 | +12.9% |
| Financial income | 75/76B | €200 | - | -€200 | |
| Recurring financial income | 75 | €200 | - | -€200 | |
| Financial charges | 65/66B | €726 | €674 | -€52 | -7.1% |
| Recurring financial charges | 65 | €726 | €674 | -€52 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,447 | -€15,412 | +€2,034 | +11.7% |
| Income taxes | 67/77 | €66 | €258 | +€192 | +291% |
| Profit (loss) for the period | 9904 | -€17,513 | -€15,670 | +€1,842 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,513 | -€15,670 | +€1,842 | +10.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.