Ascari: 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.
Ascari
Largest movements
- Cash -€29,884
no longer reported in 2025 (was €29,884)
mainly Debts after one year (-€72,126) and Trade debts (-€18,127)
- Receivables within one year +€13,678
up €13,678 (+44.8%), from €30,528 to €44,205
of which Trade receivables: +€13,852
- Intangible fixed assets -€4,000
down €4,000 (-14.3%), from €27,890 to €23,890
- Tangible fixed assets -€3,557
down €3,557 (-44.0%), from €8,078 to €4,521
of which Other tangible fixed assets: -€2,000
- Stocks and contracts +€3,427
up €3,427 (+36.0%), from €9,519 to €12,946
- Debts after one year -€72,126
down €72,126 (-50.1%), from €143,997 to €71,871
- Profit (loss) carried forward +€56,014
up €56,014 (+41.8%), from -€133,891 to -€77,877
- Trade debts -€18,127
down €18,127 (-76.4%), from €23,718 to €5,590
- Tax, wage and social debts -€17,747
down €17,747 (-37.1%), from €47,809 to €30,062
of which Taxes: -€20,183
- Other debts +€12,797
up €12,797 (+2107.5%), from €607 to €13,404
- Gross operating margin +€105,547
up €105,547, from -€33,361 to €72,186
- Other operating charges -€1,930
down €1,930 (-67.6%), from €2,855 to €924
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 | €116,099 | €96,221 | -€19,878 | -17.1% |
| Fixed assets | 21/28 | €46,168 | €38,612 | -€7,557 | -16.4% |
| Intangible fixed assets | 21 | €27,890 | €23,890 | -€4,000 | -14.3% |
| Tangible fixed assets | 22/27 | €8,078 | €4,521 | -€3,557 | -44.0% |
| Furniture and vehicles | 24 | €4,133 | €2,576 | -€1,557 | -37.7% |
| Other tangible fixed assets | 26 | €3,945 | €1,945 | -€2,000 | -50.7% |
| Financial fixed assets | 28 | €10,200 | €10,200 | = | 0.0% |
| Current assets | 29/58 | €69,931 | €57,610 | -€12,321 | -17.6% |
| Stocks and contracts in progress | 3 | €9,519 | €12,946 | +€3,427 | +36.0% |
| Stocks | 30/36 | €9,519 | €12,946 | +€3,427 | +36.0% |
| Amounts receivable within one year | 40/41 | €30,528 | €44,205 | +€13,678 | +44.8% |
| Trade receivables | 40 | €30,353 | €44,205 | +€13,852 | +45.6% |
| Other amounts receivable | 41 | €175 | - | -€175 | |
| Cash at bank and in hand | 54/58 | €29,884 | - | -€29,884 | |
| Deferred charges and accrued income | 490/1 | €0 | €458 | +€458 | |
| Total equity and liabilities | 10/49 | €116,099 | €96,221 | -€19,878 | -17.1% |
| Equity | 10/15 | -€131,391 | -€75,377 | +€56,014 | +42.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,891 | -€77,877 | +€56,014 | +41.8% |
| Amounts payable | 17/49 | €247,490 | €171,599 | -€75,892 | -30.7% |
| Amounts payable after more than one year | 17 | €143,997 | €71,871 | -€72,126 | -50.1% |
| Financial debts | 170/4 | €143,997 | €71,871 | -€72,126 | -50.1% |
| Amounts payable within one year | 42/48 | €103,493 | €99,727 | -€3,766 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €31,360 | €41,363 | +€10,003 | +31.9% |
| Financial debts | 43 | - | €9,309 | +€9,309 | |
| Credit institutions | 430/8 | - | €9,309 | +€9,309 | |
| Trade debts | 44 | €23,718 | €5,590 | -€18,127 | -76.4% |
| Suppliers | 440/4 | €23,718 | €5,590 | -€18,127 | -76.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €47,809 | €30,062 | -€17,747 | -37.1% |
| Taxes | 450/3 | €47,809 | €27,626 | -€20,183 | -42.2% |
| Remuneration and social security | 454/9 | - | €2,436 | +€2,436 | |
| Other amounts payable | 47/48 | €607 | €13,404 | +€12,797 | +2107.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,758 | €8,974 | +€216 | +2.5% |
| Other operating charges | 640/8 | €2,855 | €924 | -€1,930 | -67.6% |
| Non-recurring operating charges | 66A | - | €842 | +€842 | |
| Gross operating margin | 9900 | -€33,361 | €72,186 | +€105,547 | |
| Operating profit (loss) | 9901 | -€44,973 | €61,446 | +€106,419 | |
| Financial income | 75/76B | €245 | €1 | -€245 | -99.7% |
| Recurring financial income | 75 | €245 | €1 | -€245 | -99.7% |
| Financial charges | 65/66B | €4,844 | €5,251 | +€408 | +8.4% |
| Recurring financial charges | 65 | €4,844 | €5,251 | +€408 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€49,571 | €56,195 | +€105,767 | |
| Income taxes | 67/77 | €142 | €181 | +€39 | +27.5% |
| Profit (loss) for the period | 9904 | -€49,714 | €56,014 | +€105,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,714 | €56,014 | +€105,728 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.