ASBEM: 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.
ASBEM
Largest movements
- Receivables after one year -€14,331
down €14,331 (-40.9%), from €35,059 to €20,728
- Cash +€2,257
new in 2025: €2,257
mainly Receivables after one year (+€14,331) and Accrued charges and deferred income (+€219)
- Receivables within one year +€1,240
up €1,240 (+13.6%), from €9,081 to €10,320
of which Trade receivables: +€3,025
- Profit (loss) carried forward -€5,394
down €5,394 (-18.4%), from €29,341 to €23,947
- Short-term financial debts -€4,508
no longer reported in 2025 (was €4,508)
- Tax, wage and social debts -€961
down €961 (-53.2%), from €1,806 to €845
- Depreciation -€2,059
no longer reported in 2025 (was €2,059)
- Taxes +€1,194
new in 2025: €1,194
- Gross operating margin -€830
down €830 (-29.5%), from -€2,815 to -€3,645
- Other operating charges -€455
down €455 (-45.1%), from €1,010 to €555
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 | €44,139 | €33,305 | -€10,834 | -24.5% |
| Current assets | 29/58 | €44,139 | €33,305 | -€10,834 | -24.5% |
| Amounts receivable after more than one year | 29 | €35,059 | €20,728 | -€14,331 | -40.9% |
| Other amounts receivable | 291 | €35,059 | €20,728 | -€14,331 | -40.9% |
| Amounts receivable within one year | 40/41 | €9,081 | €10,320 | +€1,240 | +13.6% |
| Trade receivables | 40 | €908 | €3,933 | +€3,025 | +333.3% |
| Other amounts receivable | 41 | €8,173 | €6,388 | -€1,785 | -21.8% |
| Cash at bank and in hand | 54/58 | - | €2,257 | +€2,257 | |
| Total equity and liabilities | 10/49 | €44,139 | €33,305 | -€10,834 | -24.5% |
| Equity | 10/15 | €37,532 | €32,138 | -€5,394 | -14.4% |
| Contributions | 10/11 | €6,336 | €6,336 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,341 | €23,947 | -€5,394 | -18.4% |
| Amounts payable | 17/49 | €6,607 | €1,167 | -€5,441 | -82.3% |
| Amounts payable within one year | 42/48 | €6,607 | €948 | -€5,660 | -85.7% |
| Financial debts | 43 | €4,508 | - | -€4,508 | |
| Credit institutions | 430/8 | €4,508 | - | -€4,508 | |
| Trade debts | 44 | €293 | €103 | -€190 | -65.0% |
| Suppliers | 440/4 | €293 | €103 | -€190 | -65.0% |
| Taxes, remuneration and social security | 45 | €1,806 | €845 | -€961 | -53.2% |
| Taxes | 450/3 | €1,806 | €845 | -€961 | -53.2% |
| Accrued charges and deferred income | 492/3 | - | €219 | +€219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,059 | - | -€2,059 | |
| Other operating charges | 640/8 | €1,010 | €555 | -€455 | -45.1% |
| Gross operating margin | 9900 | -€2,815 | -€3,645 | -€830 | -29.5% |
| Operating profit (loss) | 9901 | -€5,884 | -€4,200 | +€1,684 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,884 | -€4,200 | +€1,684 | +28.6% |
| Income taxes | 67/77 | - | €1,194 | +€1,194 | |
| Profit (loss) for the period | 9904 | -€5,884 | -€5,394 | +€490 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,884 | -€5,394 | +€490 | +8.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.