ASCEND 7: what changed
ASCEND 7
Largest movements
- Tangible fixed assets +€3,461
up €3,461 (+43.1%), from €8,025 to €11,486
of which Furniture and vehicles: +€4,073
- Receivables within one year +€1,152
new in 2024: €1,152
- Deferred charges and accrued income +€986
new in 2024: €986
- Cash -€638
down €638 (-87.1%), from €733 to €95
mainly Investment in fixed assets (net) (-€4,753) and Net result for the year (-€4,052)
- Receivables after one year -€366
no longer reported in 2024 (was €366)
- Other debts +€8,344
up €8,344 (+146%), from €5,731 to €14,076
- Profit (loss) carried forward -€4,052
down €4,052 (-67.1%), from -€6,042 to -€10,094
- Gross operating margin +€4,484
up €4,484 (+88.8%), from -€5,049 to -€565
- Depreciation +€1,415
up €1,415 (+858%), from €165 to €1,580
- Other operating charges -€350
down €350 (-43.7%), from €800 to €451
- Financial charges +€108
up €108 (+298%), from €36 to €144
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,197 | €14,505 | +€4,308 | +42.3% |
| Fixed assets | 21/28 | €9,098 | €12,271 | +€3,173 | +34.9% |
| Intangible fixed assets | 21 | €1,073 | €786 | -€288 | -26.8% |
| Tangible fixed assets | 22/27 | €8,025 | €11,486 | +€3,461 | +43.1% |
| Plant, machinery and equipment | 23 | €5,290 | €4,678 | -€612 | -11.6% |
| Furniture and vehicles | 24 | €2,735 | €6,808 | +€4,073 | +149% |
| Current assets | 29/58 | €1,098 | €2,233 | +€1,135 | +103% |
| Amounts receivable after more than one year | 29 | €366 | - | -€366 | |
| Other amounts receivable | 291 | €366 | - | -€366 | |
| Amounts receivable within one year | 40/41 | - | €1,152 | +€1,152 | |
| Other amounts receivable | 41 | - | €1,152 | +€1,152 | |
| Cash at bank and in hand | 54/58 | €733 | €95 | -€638 | -87.1% |
| Deferred charges and accrued income | 490/1 | - | €986 | +€986 | |
| Total equity and liabilities | 10/49 | €10,197 | €14,505 | +€4,308 | +42.3% |
| Equity | 10/15 | -€1,042 | -€5,094 | -€4,052 | -389% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,042 | -€10,094 | -€4,052 | -67.1% |
| Amounts payable | 17/49 | €11,239 | €19,599 | +€8,360 | +74.4% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,239 | €14,539 | +€8,300 | +133% |
| Trade debts | 44 | €507 | €463 | -€44 | -8.7% |
| Suppliers | 440/4 | €507 | €463 | -€44 | -8.7% |
| Other amounts payable | 47/48 | €5,731 | €14,076 | +€8,344 | +146% |
| Accrued charges and deferred income | 492/3 | - | €60 | +€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165 | €1,580 | +€1,415 | +858% |
| Other operating charges | 640/8 | €800 | €451 | -€350 | -43.7% |
| Non-recurring operating charges | 66A | - | €1,312 | +€1,312 | |
| Gross operating margin | 9900 | -€5,049 | -€565 | +€4,484 | +88.8% |
| Operating profit (loss) | 9901 | -€6,014 | -€3,908 | +€2,106 | +35.0% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €36 | €144 | +€108 | +298% |
| Recurring financial charges | 65 | €36 | €144 | +€108 | +298% |
| Profit (loss) for the period before taxes | 9903 | -€6,042 | -€4,052 | +€1,990 | +32.9% |
| Profit (loss) for the period | 9904 | -€6,042 | -€4,052 | +€1,990 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,042 | -€4,052 | +€1,990 | +32.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.