ASBEST ANDREAS: 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.
ASBEST ANDREAS
Largest movements
- Receivables within one year +€14,363
up €14,363 (+272%), from €5,278 to €19,641
of which Other amounts receivable: +€12,179
- Cash -€3,922
down €3,922 (-37.1%), from €10,586 to €6,664
mainly Receivables within one year (-€14,363) and Tax, wage and social debts (-€894)
- Deferred charges and accrued income +€748
up €748 (+151%), from €494 to €1,241
- Trade debts +€8,632
up €8,632 (+73.5%), from €11,751 to €20,382
of which Suppliers: +€9,314
- Profit (loss) carried forward +€3,199
up €3,199 (+309%), from €1,035 to €4,233
- Tax, wage and social debts -€894
down €894 (-47.3%), from €1,893 to €998
- Write-downs +€2,010
new in 2025: €2,010
- Taxes +€492
up €492 (+160%), from €307 to €800
- Gross operating margin -€345
down €345 (-4.9%), from €7,048 to €6,703
- Financial income +€330
new in 2025: €330
- Other operating charges -€121
down €121 (-16.5%), from €734 to €613
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 | €17,178 | €28,114 | +€10,936 | +63.7% |
| Formation expenses | 20 | €820 | €568 | -€252 | -30.8% |
| Current assets | 29/58 | €16,358 | €27,546 | +€11,188 | +68.4% |
| Amounts receivable within one year | 40/41 | €5,278 | €19,641 | +€14,363 | +272% |
| Trade receivables | 40 | €5,278 | €7,462 | +€2,184 | +41.4% |
| Other amounts receivable | 41 | - | €12,179 | +€12,179 | |
| Cash at bank and in hand | 54/58 | €10,586 | €6,664 | -€3,922 | -37.1% |
| Deferred charges and accrued income | 490/1 | €494 | €1,241 | +€748 | +151% |
| Total equity and liabilities | 10/49 | €17,178 | €28,114 | +€10,936 | +63.7% |
| Equity | 10/15 | €3,535 | €6,733 | +€3,199 | +90.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,035 | €4,233 | +€3,199 | +309% |
| Amounts payable | 17/49 | €13,643 | €21,380 | +€7,737 | +56.7% |
| Amounts payable within one year | 42/48 | €13,643 | €21,380 | +€7,737 | +56.7% |
| Trade debts | 44 | €11,751 | €20,382 | +€8,632 | +73.5% |
| Suppliers | 440/4 | €11,068 | €20,382 | +€9,314 | +84.2% |
| Bills of exchange payable | 441 | €683 | - | -€683 | |
| Taxes, remuneration and social security | 45 | €1,893 | €998 | -€894 | -47.3% |
| Taxes | 450/3 | €1,893 | €998 | -€894 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252 | €252 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,010 | +€2,010 | |
| Other operating charges | 640/8 | €734 | €613 | -€121 | -16.5% |
| Gross operating margin | 9900 | €7,048 | €6,703 | -€345 | -4.9% |
| Operating profit (loss) | 9901 | €6,061 | €3,827 | -€2,234 | -36.9% |
| Financial income | 75/76B | - | €330 | +€330 | |
| Recurring financial income | 75 | - | €330 | +€330 | |
| Financial charges | 65/66B | €109 | €159 | +€50 | +46.0% |
| Recurring financial charges | 65 | €109 | €159 | +€50 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €5,952 | €3,998 | -€1,954 | -32.8% |
| Income taxes | 67/77 | €307 | €800 | +€492 | +160% |
| Profit (loss) for the period | 9904 | €5,645 | €3,199 | -€2,446 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,645 | €3,199 | -€2,446 | -43.3% |
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 17 October 2026 via checked.be.