ASASLINE: 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.
ASASLINE
Largest movements
- Receivables within one year +€84,124
up €84,124 (+167.3%), from €50,295 to €134,419
of which Trade receivables: +€91,737
- Cash -€10,519
down €10,519 (-66.2%), from €15,900 to €5,381
mainly Receivables within one year (-€84,124) and Tax, wage and social debts (-€20,505)
- Stocks and contracts +€3,412
new in 2025: €3,412
- Trade debts +€65,553
up €65,553 (+103.7%), from €63,202 to €128,755
- Profit (loss) carried forward +€25,219
up €25,219 (+28.9%), from -€87,326 to -€62,107
- Tax, wage and social debts -€20,505
down €20,505 (-65.7%), from €31,200 to €10,695
of which Taxes: -€27,955
- Other debts +€8,696
up €8,696 (+1882.5%), from €462 to €9,158
- Gross operating margin +€15,231
up €15,231 (+113.7%), from €13,393 to €28,623
- Write-downs -€7,600
no longer reported in 2025 (was €7,600)
- Depreciation -€1,815
down €1,815 (-98.6%), from €1,841 to €25
- Other operating charges +€1,537
up €1,537 (+108.2%), from €1,420 to €2,957
- Financial charges -€678
down €678 (-78.7%), from €861 to €184
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.
Cash bridge derived
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 | €69,797 | €148,001 | +€78,204 | +112.0% |
| Fixed assets | 21/28 | €3,602 | €4,789 | +€1,187 | +33.0% |
| Tangible fixed assets | 22/27 | - | €1,187 | +€1,187 | |
| Furniture and vehicles | 24 | - | €1,187 | +€1,187 | |
| Financial fixed assets | 28 | €3,602 | €3,602 | = | 0.0% |
| Current assets | 29/58 | €66,195 | €143,212 | +€77,017 | +116.3% |
| Stocks and contracts in progress | 3 | - | €3,412 | +€3,412 | |
| Stocks | 30/36 | - | €3,412 | +€3,412 | |
| Amounts receivable within one year | 40/41 | €50,295 | €134,419 | +€84,124 | +167.3% |
| Trade receivables | 40 | €41,517 | €133,254 | +€91,737 | +221.0% |
| Other amounts receivable | 41 | €8,778 | €1,164 | -€7,613 | -86.7% |
| Cash at bank and in hand | 54/58 | €15,900 | €5,381 | -€10,519 | -66.2% |
| Total equity and liabilities | 10/49 | €69,797 | €148,001 | +€78,204 | +112.0% |
| Equity | 10/15 | -€25,826 | -€607 | +€25,219 | +97.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,326 | -€62,107 | +€25,219 | +28.9% |
| Amounts payable | 17/49 | €95,623 | €148,608 | +€52,985 | +55.4% |
| Amounts payable within one year | 42/48 | €94,864 | €148,608 | +€53,744 | +56.7% |
| Trade debts | 44 | €63,202 | €128,755 | +€65,553 | +103.7% |
| Suppliers | 440/4 | €63,202 | €128,755 | +€65,553 | +103.7% |
| Taxes, remuneration and social security | 45 | €31,200 | €10,695 | -€20,505 | -65.7% |
| Taxes | 450/3 | €27,955 | - | -€27,955 | |
| Remuneration and social security | 454/9 | €3,245 | €10,695 | +€7,450 | +229.6% |
| Other amounts payable | 47/48 | €462 | €9,158 | +€8,696 | +1882.5% |
| Accrued charges and deferred income | 492/3 | €759 | - | -€759 | |
| Remuneration, social security and pensions | 62 | €626 | €319 | -€307 | -49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,841 | €25 | -€1,815 | -98.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,600 | - | -€7,600 | |
| Other operating charges | 640/8 | €1,420 | €2,957 | +€1,537 | +108.2% |
| Gross operating margin | 9900 | €13,393 | €28,623 | +€15,231 | +113.7% |
| Operating profit (loss) | 9901 | €1,906 | €25,322 | +€23,416 | +1228.8% |
| Financial income | 75/76B | €7 | €81 | +€74 | +1053.7% |
| Recurring financial income | 75 | €7 | €81 | +€74 | +1053.7% |
| Financial charges | 65/66B | €861 | €184 | -€678 | -78.7% |
| Recurring financial charges | 65 | €861 | €184 | -€678 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €1,051 | €25,219 | +€24,167 | +2298.6% |
| Profit (loss) for the period | 9904 | €1,051 | €25,219 | +€24,167 | +2298.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,051 | €25,219 | +€24,167 | +2298.6% |
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 10 October 2026 via checked.be.