ASBORNE: 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.
ASBORNE
Largest movements
- Tangible fixed assets -€9,379
down €9,379 (-16.1%), from €58,371 to €48,993
of which Land and buildings: -€8,360
- Stocks and contracts -€5,500
down €5,500 (-8.7%), from €63,200 to €57,700
- Receivables within one year +€2,467
up €2,467 (+193.2%), from €1,277 to €3,744
- Profit (loss) carried forward -€47,749
down €47,749 (-6.7%), from -€712,438 to -€760,187
- Other debts +€35,526
up €35,526 (+5.6%), from €634,747 to €670,273
- Trade debts -€1,825
down €1,825 (-38.1%), from €4,788 to €2,963
- Gross operating margin -€6,302
down €6,302 (-51.0%), from -€12,364 to -€18,666
- Staff costs +€3,196
up €3,196 (+24.5%), from €13,058 to €16,254
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 | €128,847 | €115,021 | -€13,826 | -10.7% |
| Fixed assets | 21/28 | €58,371 | €48,993 | -€9,379 | -16.1% |
| Tangible fixed assets | 22/27 | €58,371 | €48,993 | -€9,379 | -16.1% |
| Land and buildings | 22 | €54,894 | €46,534 | -€8,360 | -15.2% |
| Plant, machinery and equipment | 23 | €3,477 | €2,459 | -€1,018 | -29.3% |
| Current assets | 29/58 | €70,476 | €66,029 | -€4,447 | -6.3% |
| Stocks and contracts in progress | 3 | €63,200 | €57,700 | -€5,500 | -8.7% |
| Stocks | 30/36 | €63,200 | €57,700 | -€5,500 | -8.7% |
| Amounts receivable within one year | 40/41 | €1,277 | €3,744 | +€2,467 | +193.2% |
| Other amounts receivable | 41 | €1,277 | €3,744 | +€2,467 | +193.2% |
| Cash at bank and in hand | 54/58 | €3,547 | €2,429 | -€1,118 | -31.5% |
| Deferred charges and accrued income | 490/1 | €2,452 | €2,156 | -€296 | -12.1% |
| Total equity and liabilities | 10/49 | €128,847 | €115,021 | -€13,826 | -10.7% |
| Equity | 10/15 | -€512,438 | -€560,187 | -€47,749 | -9.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€712,438 | -€760,187 | -€47,749 | -6.7% |
| Amounts payable | 17/49 | €641,286 | €675,209 | +€33,923 | +5.3% |
| Amounts payable within one year | 42/48 | €641,286 | €675,209 | +€33,923 | +5.3% |
| Trade debts | 44 | €4,788 | €2,963 | -€1,825 | -38.1% |
| Suppliers | 440/4 | €4,788 | €2,963 | -€1,825 | -38.1% |
| Taxes, remuneration and social security | 45 | €1,750 | €1,972 | +€222 | +12.7% |
| Remuneration and social security | 454/9 | €1,750 | €1,972 | +€222 | +12.7% |
| Other amounts payable | 47/48 | €634,747 | €670,273 | +€35,526 | +5.6% |
| Remuneration, social security and pensions | 62 | €13,058 | €16,254 | +€3,196 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,379 | €9,379 | = | 0.0% |
| Other operating charges | 640/8 | €3,535 | €3,411 | -€123 | -3.5% |
| Gross operating margin | 9900 | -€12,364 | -€18,666 | -€6,302 | -51.0% |
| Operating profit (loss) | 9901 | -€38,335 | -€47,710 | -€9,375 | -24.5% |
| Financial income | 75/76B | €39 | - | -€39 | |
| Recurring financial income | 75 | €39 | - | -€39 | |
| Financial charges | 65/66B | €49 | €39 | -€10 | -20.7% |
| Recurring financial charges | 65 | €49 | €39 | -€10 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€38,346 | -€47,749 | -€9,403 | -24.5% |
| Profit (loss) for the period | 9904 | -€38,346 | -€47,749 | -€9,403 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,346 | -€47,749 | -€9,403 | -24.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.