‘Asbitech: 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.
‘Asbitech
Largest movements
- Cash +€161,772
up €161,772 (+684.9%), from €23,618 to €185,390
mainly Net result for the year (+€368,200) and Trade debts (+€301,539)
- Receivables within one year +€143,707
up €143,707 (+8.2%), from €1.8m to €1.9m
of which Trade receivables: +€118,671
- Tangible fixed assets +€25,280
up €25,280 (+54.0%), from €46,832 to €72,113
of which Plant, machinery and equipment: +€28,117
- Trade debts +€301,539
up €301,539 (+44.4%), from €678,574 to €980,113
- Profit (loss) carried forward +€146,004
up €146,004 (+32.5%), from €449,261 to €595,265
- Tax, wage and social debts -€119,368
down €119,368 (-43.4%), from €274,753 to €155,385
of which Taxes: -€117,354
- Staff costs +€110,737
up €110,737 (+9.0%), from €1.2m to €1.3m
- Gross operating margin +€69,119
up €69,119 (+3.7%), from €1.9m to €1.9m
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 | €1,849,317 | €2,178,874 | +€329,557 | +17.8% |
| Fixed assets | 21/28 | €54,380 | €79,661 | +€25,280 | +46.5% |
| Tangible fixed assets | 22/27 | €46,832 | €72,113 | +€25,280 | +54.0% |
| Land and buildings | 22 | €13,739 | €11,449 | -€2,290 | -16.7% |
| Plant, machinery and equipment | 23 | €28,719 | €56,836 | +€28,117 | +97.9% |
| Furniture and vehicles | 24 | €4,374 | €3,828 | -€546 | -12.5% |
| Financial fixed assets | 28 | €7,548 | €7,548 | = | 0.0% |
| Current assets | 29/58 | €1,794,936 | €2,099,213 | +€304,277 | +17.0% |
| Stocks and contracts in progress | 3 | €10,082 | €11,270 | +€1,188 | +11.8% |
| Stocks | 30/36 | €10,082 | €11,270 | +€1,188 | +11.8% |
| Amounts receivable within one year | 40/41 | €1,758,846 | €1,902,553 | +€143,707 | +8.2% |
| Trade receivables | 40 | €622,040 | €740,711 | +€118,671 | +19.1% |
| Other amounts receivable | 41 | €1,136,805 | €1,161,842 | +€25,036 | +2.2% |
| Cash at bank and in hand | 54/58 | €23,618 | €185,390 | +€161,772 | +684.9% |
| Deferred charges and accrued income | 490/1 | €2,390 | - | -€2,390 | |
| Total equity and liabilities | 10/49 | €1,849,317 | €2,178,874 | +€329,557 | +17.8% |
| Equity | 10/15 | €534,721 | €680,725 | +€146,004 | +27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,860 | €66,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €449,261 | €595,265 | +€146,004 | +32.5% |
| Amounts payable | 17/49 | €1,314,595 | €1,498,149 | +€183,554 | +14.0% |
| Amounts payable within one year | 42/48 | €1,260,695 | €1,444,249 | +€183,554 | +14.6% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €678,574 | €980,113 | +€301,539 | +44.4% |
| Suppliers | 440/4 | €678,574 | €980,113 | +€301,539 | +44.4% |
| Taxes, remuneration and social security | 45 | €274,753 | €155,385 | -€119,368 | -43.4% |
| Taxes | 450/3 | €272,739 | €155,385 | -€117,354 | -43.0% |
| Remuneration and social security | 454/9 | €2,014 | - | -€2,014 | |
| Other amounts payable | 47/48 | €107,368 | €108,751 | +€1,382 | +1.3% |
| Accrued charges and deferred income | 492/3 | €53,900 | €53,900 | = | 0.0% |
| Non-recurring operating income | 76A | €13,070 | - | -€13,070 | |
| Remuneration, social security and pensions | 62 | €1,224,004 | €1,334,742 | +€110,737 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,761 | €26,051 | -€16,710 | -39.1% |
| Other operating charges | 640/8 | €8,958 | €9,995 | +€1,037 | +11.6% |
| Non-recurring operating charges | 66A | €1,200 | €7,463 | +€6,263 | +521.9% |
| Gross operating margin | 9900 | €1,857,618 | €1,926,737 | +€69,119 | +3.7% |
| Operating profit (loss) | 9901 | €580,695 | €548,486 | -€32,208 | -5.5% |
| Financial income | 75/76B | €107 | - | -€107 | |
| Recurring financial income | 75 | €107 | - | -€107 | |
| Financial charges | 65/66B | €29,414 | €27,771 | -€1,643 | -5.6% |
| Recurring financial charges | 65 | €29,414 | €27,771 | -€1,643 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €551,389 | €520,716 | -€30,673 | -5.6% |
| Income taxes | 67/77 | €162,623 | €152,516 | -€10,107 | -6.2% |
| Profit (loss) for the period | 9904 | €388,766 | €368,200 | -€20,566 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €388,766 | €368,200 | -€20,566 | -5.3% |
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 1 October 2026 via checked.be.