Ascendere: 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.
What changed
Ascendere
NACE 88.104, Social work activities without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€27,286
2024 · €145,593-€118,307
Equity
€3.5m
2024 · €3.6m-€21,978
Cash
€1.7m
2024 · €1.5m+€226,125
Balance sheet total
€5.7m
2024 · €5.7m-€62,741
Largest movements
Assets
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Cash +€226,125
up €226,125 (+15.5%), from €1.5m to €1.7m
mainly Depreciation (+€280,694) and Current investments (+€250,000)
- Tangible fixed assets -€173,467
down €173,467 (-5.1%), from €3.4m to €3.2m
of which Land and buildings: -€174,997
- Receivables within one year +€131,121
up €131,121 (+23.0%), from €570,232 to €701,353
of which Trade receivables: +€132,123
Equity and liabilities
- Debts after one year -€86,287
down €86,287 (-6.9%), from €1.3m to €1.2m
Income statement
- Staff costs +€110,298
up €110,298 (+2.5%), from €4.4m to €4.5m
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.
Result 2024
€145,593
Gross operating margin
-€1,124
Staff costs
-€110,298
Depreciation
-€10,294
Other operating charges
-€943
Financial income
+€2,379
Financial charges
+€1,973
Result 2025
€27,286
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.
From operations
+€218,207
Investment
+€142,773
Financing
-€134,855
Cash 2024
€1.5m
From operations (derived)
+€218,207
Net result for the year
+€27,286
Depreciation
+€280,694
Receivables within one year
-€131,121
Deferred charges and accrued income
-€3,480
Trade debts
+€53,304
Tax, wage and social debts
-€6,791
Accrued charges and deferred income
-€1,685
Investment (derived)
+€142,773
Investment in fixed assets (net)
-€107,227
Current investments
+€250,000
Financing
-€134,855
Debts after one year
-€86,287
Current portion of long-term debt
+€696
Contributions, distributions and other
-€49,264
Cash 2025
€1.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,719,819 | €5,657,078 | -€62,741 | -1.1% |
| Fixed assets | 21/28 | €3,404,768 | €3,231,301 | -€173,467 | -5.1% |
| Tangible fixed assets | 22/27 | €3,404,518 | €3,231,051 | -€173,467 | -5.1% |
| Land and buildings | 22 | €3,319,558 | €3,144,561 | -€174,997 | -5.3% |
| Plant, machinery and equipment | 23 | €42,634 | €59,711 | +€17,077 | +40.1% |
| Furniture and vehicles | 24 | €42,326 | €26,779 | -€15,547 | -36.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,315,051 | €2,425,777 | +€110,726 | +4.8% |
| Amounts receivable within one year | 40/41 | €570,232 | €701,353 | +€131,121 | +23.0% |
| Trade receivables | 40 | €568,992 | €701,115 | +€132,123 | +23.2% |
| Other amounts receivable | 41 | €1,240 | €238 | -€1,002 | -80.8% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €1,462,037 | €1,688,162 | +€226,125 | +15.5% |
| Deferred charges and accrued income | 490/1 | €32,782 | €36,262 | +€3,480 | +10.6% |
| Total equity and liabilities | 10/49 | €5,719,819 | €5,657,078 | -€62,741 | -1.1% |
| Equity | 10/15 | €3,551,681 | €3,529,703 | -€21,978 | -0.6% |
| Contributions | 10/11 | €1,005,224 | €1,005,224 | = | 0.0% |
| Capital | 10 | €1,005,224 | €1,005,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,398,918 | €1,426,204 | +€27,286 | +2.0% |
| Investment grants | 15 | €1,147,539 | €1,098,275 | -€49,264 | -4.3% |
| Amounts payable | 17/49 | €2,168,138 | €2,127,375 | -€40,763 | -1.9% |
| Amounts payable after more than one year | 17 | €1,259,562 | €1,173,275 | -€86,287 | -6.9% |
| Financial debts | 170/4 | €1,259,562 | €1,173,275 | -€86,287 | -6.9% |
| Amounts payable within one year | 42/48 | €846,699 | €893,908 | +€47,209 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €85,591 | €86,287 | +€696 | +0.8% |
| Trade debts | 44 | €53,185 | €106,489 | +€53,304 | +100.2% |
| Suppliers | 440/4 | €53,185 | €106,489 | +€53,304 | +100.2% |
| Taxes, remuneration and social security | 45 | €707,923 | €701,132 | -€6,791 | -1.0% |
| Taxes | 450/3 | €109,058 | €113,877 | +€4,819 | +4.4% |
| Remuneration and social security | 454/9 | €598,865 | €587,255 | -€11,610 | -1.9% |
| Accrued charges and deferred income | 492/3 | €61,877 | €60,192 | -€1,685 | -2.7% |
| Turnover | 70 | €4,318,609 | €4,338,634 | +€20,025 | +0.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €415,126 | €409,175 | -€5,951 | -1.4% |
| Remuneration, social security and pensions | 62 | €4,373,001 | €4,483,299 | +€110,298 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270,400 | €280,694 | +€10,294 | +3.8% |
| Other operating charges | 640/8 | €13,369 | €14,312 | +€943 | +7.1% |
| Gross operating margin | 9900 | €4,822,639 | €4,821,515 | -€1,124 | 0.0% |
| Operating profit (loss) | 9901 | €165,869 | €43,210 | -€122,659 | -73.9% |
| Financial income | 75/76B | €3,046 | €5,425 | +€2,379 | +78.1% |
| Recurring financial income | 75 | €3,046 | €5,425 | +€2,379 | +78.1% |
| Financial charges | 65/66B | €23,322 | €21,349 | -€1,973 | -8.5% |
| Recurring financial charges | 65 | €23,322 | €21,349 | -€1,973 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €145,593 | €27,286 | -€118,307 | -81.3% |
| Profit (loss) for the period | 9904 | €145,593 | €27,286 | -€118,307 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €145,593 | €27,286 | -€118,307 | -81.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.