Ascendo: 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.
Ascendo
Largest movements
- Tangible fixed assets -€101,418
down €101,418 (-20.3%), from €499,889 to €398,471
of which Furniture and vehicles: -€67,005
- Cash +€15,445
up €15,445 (+211.1%), from €7,317 to €22,762
mainly Investment in fixed assets (net) (+€66,505) and Depreciation (+€34,913)
- Receivables within one year -€11,491
down €11,491 (-24.7%), from €46,497 to €35,006
of which Other amounts receivable: -€15,791
- Debts after one year -€104,001
down €104,001 (-37.8%), from €275,397 to €171,396
- Reserves +€18,843
up €18,843 (+10.0%), from €188,891 to €207,734
- Current portion of long-term debt -€11,712
down €11,712 (-16.1%), from €72,912 to €61,200
- Accrued charges and deferred income +€6,150
new in 2025: €6,150
- Trade debts -€5,954
no longer reported in 2025 (was €5,954)
- Gross operating margin +€29,415
up €29,415 (+53.3%), from €55,180 to €84,595
- Depreciation -€18,297
down €18,297 (-34.4%), from €53,209 to €34,913
- Other operating charges +€4,199
up €4,199 (+152.2%), from €2,759 to €6,959
- Taxes -€1,672
down €1,672 (-32.0%), from €5,232 to €3,560
- Financial income -€1,564
down €1,564 (-73.0%), from €2,141 to €577
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 | €553,702 | €456,239 | -€97,463 | -17.6% |
| Fixed assets | 21/28 | €499,889 | €398,471 | -€101,418 | -20.3% |
| Tangible fixed assets | 22/27 | €499,889 | €398,471 | -€101,418 | -20.3% |
| Land and buildings | 22 | €425,000 | €398,471 | -€26,529 | -6.2% |
| Plant, machinery and equipment | 23 | €7,884 | - | -€7,884 | |
| Furniture and vehicles | 24 | €67,005 | - | -€67,005 | |
| Current assets | 29/58 | €53,814 | €57,768 | +€3,955 | +7.3% |
| Amounts receivable within one year | 40/41 | €46,497 | €35,006 | -€11,491 | -24.7% |
| Trade receivables | 40 | - | €4,300 | +€4,300 | |
| Other amounts receivable | 41 | €46,497 | €30,706 | -€15,791 | -34.0% |
| Cash at bank and in hand | 54/58 | €7,317 | €22,762 | +€15,445 | +211.1% |
| Total equity and liabilities | 10/49 | €553,702 | €456,239 | -€97,463 | -17.6% |
| Equity | 10/15 | €195,091 | €213,934 | +€18,843 | +9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €188,891 | €207,734 | +€18,843 | +10.0% |
| Distributable reserves | 133 | €188,891 | €207,734 | +€18,843 | +10.0% |
| Amounts payable | 17/49 | €358,612 | €242,305 | -€116,306 | -32.4% |
| Amounts payable after more than one year | 17 | €275,397 | €171,396 | -€104,001 | -37.8% |
| Financial debts | 170/4 | €275,397 | €171,396 | -€104,001 | -37.8% |
| Amounts payable within one year | 42/48 | €83,215 | €64,760 | -€18,455 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €72,912 | €61,200 | -€11,712 | -16.1% |
| Trade debts | 44 | €5,954 | - | -€5,954 | |
| Suppliers | 440/4 | €5,954 | - | -€5,954 | |
| Taxes, remuneration and social security | 45 | €4,349 | €3,560 | -€789 | -18.1% |
| Taxes | 450/3 | €4,349 | €3,560 | -€789 | -18.1% |
| Accrued charges and deferred income | 492/3 | - | €6,150 | +€6,150 | |
| Non-recurring operating income | 76A | - | €5,345 | +€5,345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,209 | €34,913 | -€18,297 | -34.4% |
| Other operating charges | 640/8 | €2,759 | €6,959 | +€4,199 | +152.2% |
| Non-recurring operating charges | 66A | €49 | €4,350 | +€4,302 | +8807.5% |
| Gross operating margin | 9900 | €55,180 | €84,595 | +€29,415 | +53.3% |
| Operating profit (loss) | 9901 | -€838 | €38,373 | +€39,211 | |
| Financial income | 75/76B | €2,141 | €577 | -€1,564 | -73.0% |
| Recurring financial income | 75 | €2,141 | €577 | -€1,564 | -73.0% |
| Financial charges | 65/66B | €16,511 | €16,547 | +€36 | +0.2% |
| Recurring financial charges | 65 | €16,511 | €13,023 | -€3,488 | -21.1% |
| Non-recurring financial charges | 66B | - | €3,524 | +€3,524 | |
| Profit (loss) for the period before taxes | 9903 | -€15,208 | €22,403 | +€37,611 | |
| Income taxes | 67/77 | €5,232 | €3,560 | -€1,672 | -32.0% |
| Profit (loss) for the period | 9904 | -€20,440 | €18,843 | +€39,283 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,440 | €18,843 | +€39,283 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.