ASCENDIT: 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.
ASCENDIT
Largest movements
- Cash +€33,033
up €33,033 (+21.2%), from €156,087 to €189,120
mainly Net result for the year (+€31,155) and Other debts (+€20,007)
- Tangible fixed assets -€8,914
down €8,914 (-18.6%), from €47,895 to €38,981
of which Furniture and vehicles: -€9,762
- Other debts +€20,007
up €20,007 (+78.8%), from €25,393 to €45,400
- Reserves +€5,000
up €5,000 (+2.9%), from €169,860 to €174,860
of which Distributable reserves: +€5,000
- Gross operating margin -€15,507
down €15,507 (-21.5%), from €72,111 to €56,604
- Taxes -€3,388
down €3,388 (-22.1%), from €15,300 to €11,912
- Other operating charges -€728
down €728 (-63.2%), from €1,152 to €424
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 | €219,496 | €244,593 | +€25,097 | +11.4% |
| Fixed assets | 21/28 | €47,895 | €38,981 | -€8,914 | -18.6% |
| Tangible fixed assets | 22/27 | €47,895 | €38,981 | -€8,914 | -18.6% |
| Plant, machinery and equipment | 23 | - | €848 | +€848 | |
| Furniture and vehicles | 24 | €47,895 | €38,133 | -€9,762 | -20.4% |
| Current assets | 29/58 | €171,601 | €205,612 | +€34,011 | +19.8% |
| Amounts receivable within one year | 40/41 | €14,773 | €15,698 | +€925 | +6.3% |
| Trade receivables | 40 | €14,432 | €14,874 | +€442 | +3.1% |
| Other amounts receivable | 41 | €341 | €824 | +€483 | +142% |
| Cash at bank and in hand | 54/58 | €156,087 | €189,120 | +€33,033 | +21.2% |
| Deferred charges and accrued income | 490/1 | €741 | €794 | +€53 | +7.2% |
| Total equity and liabilities | 10/49 | €219,496 | €244,593 | +€25,097 | +11.4% |
| Equity | 10/15 | €190,095 | €195,417 | +€5,322 | +2.8% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €169,860 | €174,860 | +€5,000 | +2.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €168,000 | €173,000 | +€5,000 | +3.0% |
| Profit (loss) carried forward | 14 | €13,735 | €14,057 | +€322 | +2.3% |
| Amounts payable | 17/49 | €29,401 | €49,176 | +€19,775 | +67.3% |
| Amounts payable within one year | 42/48 | €29,144 | €48,323 | +€19,179 | +65.8% |
| Trade debts | 44 | €451 | €1,023 | +€572 | +127% |
| Suppliers | 440/4 | €451 | €1,023 | +€572 | +127% |
| Taxes, remuneration and social security | 45 | €3,300 | €1,900 | -€1,400 | -42.4% |
| Taxes | 450/3 | €3,300 | €1,900 | -€1,400 | -42.4% |
| Other amounts payable | 47/48 | €25,393 | €45,400 | +€20,007 | +78.8% |
| Accrued charges and deferred income | 492/3 | €257 | €853 | +€596 | +232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,733 | €12,064 | +€331 | +2.8% |
| Other operating charges | 640/8 | €1,152 | €424 | -€728 | -63.2% |
| Gross operating margin | 9900 | €72,111 | €56,604 | -€15,507 | -21.5% |
| Operating profit (loss) | 9901 | €59,226 | €44,116 | -€15,110 | -25.5% |
| Financial charges | 65/66B | €444 | €1,049 | +€605 | +136% |
| Recurring financial charges | 65 | €444 | €1,049 | +€605 | +136% |
| Profit (loss) for the period before taxes | 9903 | €58,782 | €43,067 | -€15,715 | -26.7% |
| Income taxes | 67/77 | €15,300 | €11,912 | -€3,388 | -22.1% |
| Profit (loss) for the period | 9904 | €43,482 | €31,155 | -€12,327 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,482 | €31,155 | -€12,327 | -28.3% |
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 19 October 2026 via checked.be.