ASB DE BACKER: 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.
ASB DE BACKER
Largest movements
- Receivables within one year +€26,593
up €26,593 (+24.6%), from €107,890 to €134,482
- Cash -€20,272
down €20,272 (-6.6%), from €307,314 to €287,041
mainly Contributions, distributions and other (-€177,978) and Investment in fixed assets (net) (-€70,181)
- Stocks and contracts -€15,201
down €15,201 (-76.7%), from €19,806 to €4,605
- Tangible fixed assets +€10,194
up €10,194 (+4.6%), from €223,311 to €233,506
of which Furniture and vehicles: +€46,234
- Other debts +€151,902
up €151,902 (+758%), from €20,030 to €171,933
- Reserves -€74,947
down €74,947 (-17.2%), from €436,090 to €361,144
- Tax, wage and social debts -€42,488
down €42,488 (-43.3%), from €98,078 to €55,590
of which Taxes: -€39,442
- Debts after one year -€21,660
down €21,660 (-86.1%), from €25,169 to €3,509
- Current portion of long-term debt -€6,931
down €6,931 (-24.2%), from €28,591 to €21,660
- Gross operating margin +€31,333
up €31,333 (+7.5%), from €416,440 to €447,773
- Depreciation +€11,779
up €11,779 (+24.2%), from €48,672 to €60,452
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 | €669,053 | €670,354 | +€1,302 | +0.2% |
| Fixed assets | 21/28 | €225,634 | €235,364 | +€9,730 | +4.3% |
| Intangible fixed assets | 21 | €2,323 | €1,858 | -€465 | -20.0% |
| Tangible fixed assets | 22/27 | €223,311 | €233,506 | +€10,194 | +4.6% |
| Plant, machinery and equipment | 23 | €221,424 | €185,384 | -€36,040 | -16.3% |
| Furniture and vehicles | 24 | €1,887 | €48,121 | +€46,234 | +2,450% |
| Current assets | 29/58 | €443,418 | €434,991 | -€8,428 | -1.9% |
| Stocks and contracts in progress | 3 | €19,806 | €4,605 | -€15,201 | -76.7% |
| Stocks | 30/36 | €19,806 | €4,605 | -€15,201 | -76.7% |
| Amounts receivable within one year | 40/41 | €107,890 | €134,482 | +€26,593 | +24.6% |
| Trade receivables | 40 | €107,890 | €134,482 | +€26,593 | +24.6% |
| Cash at bank and in hand | 54/58 | €307,314 | €287,041 | -€20,272 | -6.6% |
| Deferred charges and accrued income | 490/1 | €8,409 | €8,862 | +€453 | +5.4% |
| Total equity and liabilities | 10/49 | €669,053 | €670,354 | +€1,302 | +0.2% |
| Equity | 10/15 | €442,290 | €367,344 | -€74,947 | -16.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €436,090 | €361,144 | -€74,947 | -17.2% |
| Distributable reserves | 133 | €436,090 | €361,144 | -€74,947 | -17.2% |
| Amounts payable | 17/49 | €226,762 | €303,011 | +€76,249 | +33.6% |
| Amounts payable after more than one year | 17 | €25,169 | €3,509 | -€21,660 | -86.1% |
| Financial debts | 170/4 | €25,169 | €3,509 | -€21,660 | -86.1% |
| Amounts payable within one year | 42/48 | €201,521 | €299,326 | +€97,805 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €28,591 | €21,660 | -€6,931 | -24.2% |
| Trade debts | 44 | €54,822 | €50,143 | -€4,679 | -8.5% |
| Suppliers | 440/4 | €54,822 | €50,143 | -€4,679 | -8.5% |
| Taxes, remuneration and social security | 45 | €98,078 | €55,590 | -€42,488 | -43.3% |
| Taxes | 450/3 | €95,032 | €55,590 | -€39,442 | -41.5% |
| Remuneration and social security | 454/9 | €3,046 | - | -€3,046 | |
| Other amounts payable | 47/48 | €20,030 | €171,933 | +€151,902 | +758% |
| Accrued charges and deferred income | 492/3 | €72 | €176 | +€104 | +145% |
| Remuneration, social security and pensions | 62 | €257,960 | €258,858 | +€898 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,672 | €60,452 | +€11,779 | +24.2% |
| Other operating charges | 640/8 | €753 | €1,170 | +€417 | +55.4% |
| Gross operating margin | 9900 | €416,440 | €447,773 | +€31,333 | +7.5% |
| Operating profit (loss) | 9901 | €109,055 | €127,294 | +€18,239 | +16.7% |
| Financial income | 75/76B | €1,679 | €4,519 | +€2,840 | +169% |
| Recurring financial income | 75 | €1,679 | €4,519 | +€2,840 | +169% |
| Financial charges | 65/66B | €3,939 | €1,465 | -€2,474 | -62.8% |
| Recurring financial charges | 65 | €3,939 | €1,465 | -€2,474 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €106,795 | €130,348 | +€23,552 | +22.1% |
| Income taxes | 67/77 | €24,023 | €27,316 | +€3,294 | +13.7% |
| Profit (loss) for the period | 9904 | €82,773 | €103,031 | +€20,259 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,773 | €103,031 | +€20,259 | +24.5% |
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 30 October 2026 via checked.be.