ASB Properties: what changed
Two fiscal 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 Properties
Largest movements
- Tangible fixed assets -€97,421
down €97,421 (-2.7%), from €3.6m to €3.5m
of which Land and buildings: -€105,799
- Other debts -€47,794
down €47,794 (-80.8%), from €59,171 to €11,377
- Depreciation +€20,716
up €20,716 (+18.0%), from €115,351 to €136,067
- Gross operating margin +€15,922
up €15,922 (+19.6%), from €81,278 to €97,200
- Other operating charges -€1,053
down €1,053 (-7.4%), from €14,242 to €13,189
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 | €3,574,425 | €3,476,931 | -€97,494 | -2.7% |
| Fixed assets | 21/28 | €3,570,142 | €3,472,721 | -€97,421 | -2.7% |
| Tangible fixed assets | 22/27 | €3,570,142 | €3,472,721 | -€97,421 | -2.7% |
| Land and buildings | 22 | €3,420,861 | €3,315,062 | -€105,799 | -3.1% |
| Plant, machinery and equipment | 23 | €149,282 | €157,659 | +€8,378 | +5.6% |
| Current assets | 29/58 | €4,283 | €4,210 | -€73 | -1.7% |
| Cash at bank and in hand | 54/58 | €3,884 | €4,053 | +€169 | +4.4% |
| Deferred charges and accrued income | 490/1 | €399 | €156 | -€242 | -60.8% |
| Total equity and liabilities | 10/49 | €3,574,425 | €3,476,931 | -€97,494 | -2.7% |
| Equity | 10/15 | €2,051,858 | €2,012,974 | -€38,885 | -1.9% |
| Contributions | 10/11 | €455,000 | €455,000 | = | 0.0% |
| Reserves | 13 | €1,178,837 | €1,147,331 | -€31,506 | -2.7% |
| Tax-exempt reserves | 132 | €853,837 | €822,331 | -€31,506 | -3.7% |
| Distributable reserves | 133 | €325,000 | €325,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €418,021 | €410,643 | -€7,379 | -1.8% |
| Provisions and deferred taxes | 16 | €363,313 | €349,907 | -€13,406 | -3.7% |
| Deferred taxes | 168 | €363,313 | €349,907 | -€13,406 | -3.7% |
| Amounts payable | 17/49 | €1,159,254 | €1,114,051 | -€45,203 | -3.9% |
| Amounts payable after more than one year | 17 | €1,100,000 | €1,100,000 | = | 0.0% |
| Financial debts | 170/4 | €1,100,000 | €1,100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,254 | €11,576 | -€47,678 | -80.5% |
| Trade debts | 44 | €82 | €198 | +€116 | +140.5% |
| Suppliers | 440/4 | €82 | €198 | +€116 | +140.5% |
| Other amounts payable | 47/48 | €59,171 | €11,377 | -€47,794 | -80.8% |
| Accrued charges and deferred income | 492/3 | - | €2,475 | +€2,475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,351 | €136,067 | +€20,716 | +18.0% |
| Other operating charges | 640/8 | €14,242 | €13,189 | -€1,053 | -7.4% |
| Non-recurring operating charges | 66A | €3,192 | - | -€3,192 | |
| Gross operating margin | 9900 | €81,278 | €97,200 | +€15,922 | +19.6% |
| Operating profit (loss) | 9901 | -€51,507 | -€52,056 | -€548 | -1.1% |
| Financial charges | 65/66B | €503 | €235 | -€268 | -53.2% |
| Recurring financial charges | 65 | €503 | €235 | -€268 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | -€52,010 | -€52,291 | -€281 | -0.5% |
| Transfer from deferred taxes | 780 | €9,257 | €13,406 | +€4,149 | +44.8% |
| Profit (loss) for the period | 9904 | -€42,753 | -€38,885 | +€3,868 | +9.0% |
| Transfer from tax-exempt reserves | 789 | €21,735 | €31,506 | +€9,771 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,018 | -€7,379 | +€13,640 | +64.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.