ASCENDO AT WORK: 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.
ASCENDO AT WORK
Largest movements
- Cash +€11,067
up €11,067 (+49.3%), from €22,439 to €33,506
mainly Accrued charges and deferred income (+€11,815) and Tax, wage and social debts (+€10,405)
- Stocks and contracts +€2,356
up €2,356 (+259%), from €911 to €3,267
- Receivables within one year +€2,335
up €2,335 (+27.9%), from €8,358 to €10,692
of which Trade receivables: +€2,523
- Tangible fixed assets -€944
down €944 (-5.2%), from €18,203 to €17,258
- Deferred charges and accrued income +€929
up €929 (+21.3%), from €4,356 to €5,284
- Other debts -€13,688
down €13,688 (-53.7%), from €25,502 to €11,814
- Accrued charges and deferred income +€11,815
up €11,815 (+575%), from €2,056 to €13,871
- Tax, wage and social debts +€10,405
up €10,405 (+155%), from €6,717 to €17,122
- Reserves +€6,523
new in 2025: €6,523
- Trade debts +€887
up €887 (+22.9%), from €3,879 to €4,767
- Gross operating margin -€4,047
down €4,047 (-18.2%), from €22,180 to €18,133
- Depreciation +€2,508
up €2,508 (+195%), from €1,287 to €3,794
- Financial charges +€1,153
up €1,153 (+194%), from €594 to €1,748
- Taxes -€858
down €858 (-18.8%), from €4,554 to €3,696
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 | €54,566 | €70,508 | +€15,942 | +29.2% |
| Fixed assets | 21/28 | €18,503 | €17,758 | -€744 | -4.0% |
| Tangible fixed assets | 22/27 | €18,203 | €17,258 | -€944 | -5.2% |
| Furniture and vehicles | 24 | €18,203 | €17,258 | -€944 | -5.2% |
| Financial fixed assets | 28 | €300 | €500 | +€200 | +66.7% |
| Current assets | 29/58 | €36,063 | €52,749 | +€16,686 | +46.3% |
| Stocks and contracts in progress | 3 | €911 | €3,267 | +€2,356 | +259% |
| Stocks | 30/36 | €911 | €3,267 | +€2,356 | +259% |
| Amounts receivable within one year | 40/41 | €8,358 | €10,692 | +€2,335 | +27.9% |
| Trade receivables | 40 | €8,059 | €10,582 | +€2,523 | +31.3% |
| Other amounts receivable | 41 | €299 | €110 | -€189 | -63.1% |
| Cash at bank and in hand | 54/58 | €22,439 | €33,506 | +€11,067 | +49.3% |
| Deferred charges and accrued income | 490/1 | €4,356 | €5,284 | +€929 | +21.3% |
| Total equity and liabilities | 10/49 | €54,566 | €70,508 | +€15,942 | +29.2% |
| Equity | 10/15 | €16,412 | €22,935 | +€6,523 | +39.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €6,523 | +€6,523 | |
| Distributable reserves | 133 | - | €6,523 | +€6,523 | |
| Profit (loss) carried forward | 14 | €13,412 | €13,412 | = | 0.0% |
| Amounts payable | 17/49 | €38,154 | €47,573 | +€9,419 | +24.7% |
| Amounts payable within one year | 42/48 | €36,098 | €33,703 | -€2,396 | -6.6% |
| Trade debts | 44 | €3,879 | €4,767 | +€887 | +22.9% |
| Suppliers | 440/4 | €3,879 | €4,767 | +€887 | +22.9% |
| Taxes, remuneration and social security | 45 | €6,717 | €17,122 | +€10,405 | +155% |
| Taxes | 450/3 | €6,717 | €17,122 | +€10,405 | +155% |
| Other amounts payable | 47/48 | €25,502 | €11,814 | -€13,688 | -53.7% |
| Accrued charges and deferred income | 492/3 | €2,056 | €13,871 | +€11,815 | +575% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,287 | €3,794 | +€2,508 | +195% |
| Other operating charges | 640/8 | €668 | €733 | +€65 | +9.7% |
| Gross operating margin | 9900 | €22,180 | €18,133 | -€4,047 | -18.2% |
| Operating profit (loss) | 9901 | €20,226 | €13,606 | -€6,620 | -32.7% |
| Financial income | 75/76B | €0 | €27 | +€27 | +273,800% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +273,800% |
| Financial charges | 65/66B | €594 | €1,748 | +€1,153 | +194% |
| Recurring financial charges | 65 | €594 | €1,748 | +€1,153 | +194% |
| Profit (loss) for the period before taxes | 9903 | €19,631 | €11,885 | -€7,746 | -39.5% |
| Income taxes | 67/77 | €4,554 | €3,696 | -€858 | -18.8% |
| Profit (loss) for the period | 9904 | €15,078 | €8,189 | -€6,888 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,078 | €8,189 | -€6,888 | -45.7% |
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 25 October 2026 via checked.be.