ASCECA Consulting: 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.
ASCECA Consulting
Largest movements
- Tangible fixed assets -€181,512
down €181,512 (-8.8%), from €2.1m to €1.9m
of which Land and buildings: -€148,599
- Current investments +€100,000
up €100,000 (+15.0%), from €668,408 to €768,408
- Receivables within one year -€34,181
down €34,181 (-37.8%), from €90,519 to €56,338
of which Trade receivables: -€34,142
- Cash +€29,223
up €29,223 (+40.1%), from €72,796 to €102,019
mainly Other debts (+€322,321) and Current portion of long-term debt (+€218,654)
- Debts after one year -€443,540
down €443,540 (-96.2%), from €461,034 to €17,494
- Other debts +€322,321
up €322,321 (+1,504%), from €21,426 to €343,747
- Current portion of long-term debt +€218,654
up €218,654 (+89.8%), from €243,473 to €462,127
- Reserves -€135,367
down €135,367 (-14.7%), from €923,453 to €788,086
- Short-term financial debts -€86,379
down €86,379 (-64.0%), from €135,000 to €48,621
- Gross operating margin +€49,613
up €49,613 (+10.8%), from €457,869 to €507,482
- Depreciation -€16,759
down €16,759 (-8.5%), from €198,271 to €181,512
- Taxes +€16,429
up €16,429 (+20.7%), from €79,307 to €95,736
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 | €2,887,477 | €2,802,573 | -€84,904 | -2.9% |
| Fixed assets | 21/28 | €2,051,596 | €1,870,084 | -€181,512 | -8.8% |
| Tangible fixed assets | 22/27 | €2,051,596 | €1,870,084 | -€181,512 | -8.8% |
| Land and buildings | 22 | €1,927,584 | €1,778,985 | -€148,599 | -7.7% |
| Plant, machinery and equipment | 23 | €6,681 | €3,229 | -€3,452 | -51.7% |
| Furniture and vehicles | 24 | €117,331 | €87,870 | -€29,461 | -25.1% |
| Current assets | 29/58 | €835,881 | €932,489 | +€96,608 | +11.6% |
| Amounts receivable within one year | 40/41 | €90,519 | €56,338 | -€34,181 | -37.8% |
| Trade receivables | 40 | €77,517 | €43,375 | -€34,142 | -44.0% |
| Other amounts receivable | 41 | €13,002 | €12,963 | -€39 | -0.3% |
| Current investments | 50/53 | €668,408 | €768,408 | +€100,000 | +15.0% |
| Cash at bank and in hand | 54/58 | €72,796 | €102,019 | +€29,223 | +40.1% |
| Deferred charges and accrued income | 490/1 | €4,158 | €5,724 | +€1,566 | +37.7% |
| Total equity and liabilities | 10/49 | €2,887,477 | €2,802,573 | -€84,904 | -2.9% |
| Equity | 10/15 | €1,923,202 | €1,787,835 | -€135,367 | -7.0% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €923,453 | €788,086 | -€135,367 | -14.7% |
| Distributable reserves | 133 | €923,453 | €788,086 | -€135,367 | -14.7% |
| Profit (loss) carried forward | 14 | €979,344 | €979,344 | = | 0.0% |
| Amounts payable | 17/49 | €964,275 | €1,014,738 | +€50,463 | +5.2% |
| Amounts payable after more than one year | 17 | €461,034 | €17,494 | -€443,540 | -96.2% |
| Financial debts | 170/4 | €461,034 | €17,494 | -€443,540 | -96.2% |
| Amounts payable within one year | 42/48 | €460,153 | €948,675 | +€488,522 | +106% |
| Current portion of amounts payable after more than one year | 42 | €243,473 | €462,127 | +€218,654 | +89.8% |
| Financial debts | 43 | €135,000 | €48,621 | -€86,379 | -64.0% |
| Other loans | 439 | €135,000 | €48,621 | -€86,379 | -64.0% |
| Trade debts | 44 | €39,189 | €27,931 | -€11,258 | -28.7% |
| Suppliers | 440/4 | €39,189 | €27,931 | -€11,258 | -28.7% |
| Taxes, remuneration and social security | 45 | €21,065 | €66,249 | +€45,184 | +214% |
| Taxes | 450/3 | €21,065 | €66,249 | +€45,184 | +214% |
| Other amounts payable | 47/48 | €21,426 | €343,747 | +€322,321 | +1,504% |
| Accrued charges and deferred income | 492/3 | €43,088 | €48,569 | +€5,481 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198,271 | €181,512 | -€16,759 | -8.5% |
| Other operating charges | 640/8 | €10,570 | €11,345 | +€775 | +7.3% |
| Gross operating margin | 9900 | €457,869 | €507,482 | +€49,613 | +10.8% |
| Operating profit (loss) | 9901 | €249,028 | €314,625 | +€65,597 | +26.3% |
| Financial income | 75/76B | €4,857 | €4,171 | -€686 | -14.1% |
| Recurring financial income | 75 | €4,857 | €4,171 | -€686 | -14.1% |
| Financial charges | 65/66B | €13,488 | €11,212 | -€2,276 | -16.9% |
| Recurring financial charges | 65 | €13,488 | €11,212 | -€2,276 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €240,397 | €307,584 | +€67,187 | +27.9% |
| Income taxes | 67/77 | €79,307 | €95,736 | +€16,429 | +20.7% |
| Profit (loss) for the period | 9904 | €161,090 | €211,848 | +€50,758 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €161,090 | €211,848 | +€50,758 | +31.5% |
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 23 October 2026 via checked.be.