ASCENSIO: 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.
ASCENSIO
Largest movements
- Cash -€82,454
down €82,454 (-37.1%), from €222,189 to €139,735
mainly Investment in fixed assets (net) (-€131,359) and Debts after one year (-€124,278)
- Reserves +€130,898
up €130,898 (+14.4%), from €906,962 to €1.0m
of which Distributable reserves: +€130,898
- Debts after one year -€124,278
down €124,278 (-6.4%), from €1.9m to €1.8m
of which Financial debts: -€124,278
- Gross operating margin +€90,405
up €90,405 (+29.3%), from €308,982 to €399,388
- Depreciation -€77,998
down €77,998 (-38.6%), from €201,969 to €123,971
- Taxes +€45,363
up €45,363 (+392%), from €11,575 to €56,938
- Other operating charges +€11,650
up €11,650 (+102%), from €11,476 to €23,126
- Financial charges +€6,530
up €6,530 (+11.2%), from €58,174 to €64,705
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 | €3,176,081 | €3,123,980 | -€52,102 | -1.6% |
| Fixed assets | 21/28 | €2,921,381 | €2,928,769 | +€7,388 | +0.3% |
| Tangible fixed assets | 22/27 | €2,921,381 | €2,928,769 | +€7,388 | +0.3% |
| Land and buildings | 22 | €2,915,072 | €2,923,353 | +€8,281 | +0.3% |
| Plant, machinery and equipment | 23 | €896 | €715 | -€180 | -20.1% |
| Furniture and vehicles | 24 | €5,413 | €4,700 | -€713 | -13.2% |
| Current assets | 29/58 | €254,701 | €195,211 | -€59,490 | -23.4% |
| Amounts receivable within one year | 40/41 | €29,347 | €42,055 | +€12,708 | +43.3% |
| Trade receivables | 40 | €0 | €33,113 | +€33,113 | |
| Other amounts receivable | 41 | €29,347 | €8,942 | -€20,406 | -69.5% |
| Cash at bank and in hand | 54/58 | €222,189 | €139,735 | -€82,454 | -37.1% |
| Deferred charges and accrued income | 490/1 | €3,164 | €13,421 | +€10,257 | +324% |
| Total equity and liabilities | 10/49 | €3,176,081 | €3,123,980 | -€52,102 | -1.6% |
| Equity | 10/15 | €988,590 | €1,119,488 | +€130,898 | +13.2% |
| Contributions | 10/11 | €81,628 | €81,628 | = | 0.0% |
| Reserves | 13 | €906,962 | €1,037,860 | +€130,898 | +14.4% |
| Tax-exempt reserves | 132 | €26,883 | €26,883 | = | 0.0% |
| Distributable reserves | 133 | €880,079 | €1,010,976 | +€130,898 | +14.9% |
| Amounts payable | 17/49 | €2,187,491 | €2,004,492 | -€182,999 | -8.4% |
| Amounts payable after more than one year | 17 | €1,943,939 | €1,819,661 | -€124,278 | -6.4% |
| Financial debts | 170/4 | €1,512,705 | €1,388,427 | -€124,278 | -8.2% |
| Other amounts payable | 178/9 | €431,235 | €431,235 | = | 0.0% |
| Amounts payable within one year | 42/48 | €214,256 | €156,311 | -€57,945 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €122,212 | €124,278 | +€2,066 | +1.7% |
| Trade debts | 44 | €34,591 | €3,036 | -€31,555 | -91.2% |
| Suppliers | 440/4 | €34,591 | €3,036 | -€31,555 | -91.2% |
| Advances received on contracts in progress | 46 | €30,000 | €0 | -€30,000 | -100% |
| Taxes, remuneration and social security | 45 | €10,721 | €12,727 | +€2,007 | +18.7% |
| Taxes | 450/3 | €10,721 | €12,727 | +€2,007 | +18.7% |
| Other amounts payable | 47/48 | €16,733 | €16,270 | -€463 | -2.8% |
| Accrued charges and deferred income | 492/3 | €29,296 | €28,520 | -€776 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,969 | €123,971 | -€77,998 | -38.6% |
| Other operating charges | 640/8 | €11,476 | €23,126 | +€11,650 | +102% |
| Gross operating margin | 9900 | €308,982 | €399,388 | +€90,405 | +29.3% |
| Operating profit (loss) | 9901 | €95,538 | €252,291 | +€156,753 | +164% |
| Financial income | 75/76B | €1 | €249 | +€248 | +25,579% |
| Recurring financial income | 75 | €1 | €249 | +€248 | +25,579% |
| Financial charges | 65/66B | €58,174 | €64,705 | +€6,530 | +11.2% |
| Recurring financial charges | 65 | €58,174 | €64,705 | +€6,530 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €37,365 | €187,835 | +€150,471 | +403% |
| Income taxes | 67/77 | €11,575 | €56,938 | +€45,363 | +392% |
| Profit (loss) for the period | 9904 | €25,790 | €130,898 | +€105,108 | +408% |
| Profit (loss) for the period to be appropriated | 9905 | €25,790 | €130,898 | +€105,108 | +408% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.