ASc Management: 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.
ASc Management
Largest movements
- Cash +€18,861
up €18,861 (+250%), from €7,543 to €26,404
mainly Net result for the year (+€28,809) and Tax, wage and social debts (+€12,806)
- Receivables within one year +€17,728
up €17,728 (+199%), from €8,905 to €26,633
of which Trade receivables: +€18,633
- Reserves +€28,809
up €28,809 (+489%), from €5,896 to €34,706
- Tax, wage and social debts +€12,806
up €12,806 (+844%), from €1,517 to €14,323
of which Taxes: +€11,306
- Other debts -€5,739
down €5,739 (-100%), from €5,739 to €0
- Trade debts +€712
up €712 (+240%), from €296 to €1,008
- Gross operating margin +€29,028
up €29,028 (+383%), from €7,585 to €36,613
- Taxes +€5,915
up €5,915 (+390%), from €1,517 to €7,432
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 | €16,448 | €53,037 | +€36,589 | +222% |
| Current assets | 29/58 | €16,448 | €53,037 | +€36,589 | +222% |
| Amounts receivable within one year | 40/41 | €8,905 | €26,633 | +€17,728 | +199% |
| Trade receivables | 40 | €8,000 | €26,633 | +€18,633 | +233% |
| Other amounts receivable | 41 | €905 | €0 | -€905 | -100% |
| Cash at bank and in hand | 54/58 | €7,543 | €26,404 | +€18,861 | +250% |
| Total equity and liabilities | 10/49 | €16,448 | €53,037 | +€36,589 | +222% |
| Equity | 10/15 | €8,896 | €37,706 | +€28,809 | +324% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,896 | €34,706 | +€28,809 | +489% |
| Distributable reserves | 133 | €5,896 | €34,706 | +€28,809 | +489% |
| Amounts payable | 17/49 | €7,552 | €15,331 | +€7,779 | +103% |
| Amounts payable within one year | 42/48 | €7,552 | €15,331 | +€7,779 | +103% |
| Trade debts | 44 | €296 | €1,008 | +€712 | +240% |
| Suppliers | 440/4 | €296 | €1,008 | +€712 | +240% |
| Taxes, remuneration and social security | 45 | €1,517 | €14,323 | +€12,806 | +844% |
| Taxes | 450/3 | €1,517 | €12,823 | +€11,306 | +745% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €5,739 | €0 | -€5,739 | -100% |
| Other operating charges | 640/8 | €166 | €331 | +€166 | +100.0% |
| Gross operating margin | 9900 | €7,585 | €36,613 | +€29,028 | +383% |
| Operating profit (loss) | 9901 | €7,419 | €36,281 | +€28,862 | +389% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €7 | €40 | +€34 | +500% |
| Recurring financial charges | 65 | €7 | €40 | +€34 | +500% |
| Profit (loss) for the period before taxes | 9903 | €7,413 | €36,241 | +€28,828 | +389% |
| Income taxes | 67/77 | €1,517 | €7,432 | +€5,915 | +390% |
| Profit (loss) for the period | 9904 | €5,896 | €28,809 | +€22,913 | +389% |
| Profit (loss) for the period to be appropriated | 9905 | €5,896 | €28,809 | +€22,913 | +389% |
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 16 October 2026 via checked.be.