AscensuS: 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.
AscensuS
Largest movements
- Cash +€128,099
up €128,099 (+127%), from €101,104 to €229,203
mainly Net result for the year (+€131,038) and Depreciation (+€39,741)
- Tangible fixed assets -€32,505
down €32,505 (-5.3%), from €611,720 to €579,215
of which Furniture and vehicles: -€17,399
- Reserves +€131,038
up €131,038 (+30.2%), from €433,410 to €564,448
- Debts after one year -€26,374
down €26,374 (-100%), from €26,374 to €0
- Other debts -€15,602
down €15,602 (-21.4%), from €72,898 to €57,296
- Gross operating margin +€30,330
up €30,330 (+14.6%), from €207,208 to €237,538
- Taxes +€8,755
up €8,755 (+18.2%), from €48,167 to €56,923
- Financial charges +€3,897
up €3,897 (+321%), from €1,213 to €5,110
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 | €772,863 | €870,092 | +€97,230 | +12.6% |
| Fixed assets | 21/28 | €611,720 | €579,215 | -€32,505 | -5.3% |
| Tangible fixed assets | 22/27 | €611,720 | €579,215 | -€32,505 | -5.3% |
| Land and buildings | 22 | €534,556 | €520,049 | -€14,508 | -2.7% |
| Plant, machinery and equipment | 23 | €382 | €0 | -€382 | -100% |
| Furniture and vehicles | 24 | €76,349 | €58,950 | -€17,399 | -22.8% |
| Other tangible fixed assets | 26 | €433 | €216 | -€216 | -50.0% |
| Current assets | 29/58 | €161,143 | €290,877 | +€129,734 | +80.5% |
| Amounts receivable within one year | 40/41 | €53,677 | €56,180 | +€2,503 | +4.7% |
| Trade receivables | 40 | €46,619 | €49,139 | +€2,520 | +5.4% |
| Other amounts receivable | 41 | €7,059 | €7,042 | -€17 | -0.2% |
| Cash at bank and in hand | 54/58 | €101,104 | €229,203 | +€128,099 | +127% |
| Deferred charges and accrued income | 490/1 | €6,362 | €5,494 | -€867 | -13.6% |
| Total equity and liabilities | 10/49 | €772,863 | €870,092 | +€97,230 | +12.6% |
| Equity | 10/15 | €619,156 | €750,194 | +€131,038 | +21.2% |
| Contributions | 10/11 | €6,267 | €6,267 | = | 0.0% |
| Reserves | 13 | €433,410 | €564,448 | +€131,038 | +30.2% |
| Distributable reserves | 133 | €433,410 | €564,448 | +€131,038 | +30.2% |
| Profit (loss) carried forward | 14 | €179,479 | €179,479 | = | 0.0% |
| Amounts payable | 17/49 | €153,707 | €119,899 | -€33,808 | -22.0% |
| Amounts payable after more than one year | 17 | €26,374 | €0 | -€26,374 | -100% |
| Financial debts | 170/4 | €26,374 | €0 | -€26,374 | -100% |
| Amounts payable within one year | 42/48 | €117,182 | €105,289 | -€11,892 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €28,321 | €28,562 | +€241 | +0.9% |
| Trade debts | 44 | €2,791 | €2,931 | +€140 | +5.0% |
| Suppliers | 440/4 | €2,791 | €2,931 | +€140 | +5.0% |
| Taxes, remuneration and social security | 45 | €13,173 | €16,501 | +€3,328 | +25.3% |
| Taxes | 450/3 | €13,173 | €16,501 | +€3,328 | +25.3% |
| Other amounts payable | 47/48 | €72,898 | €57,296 | -€15,602 | -21.4% |
| Accrued charges and deferred income | 492/3 | €10,151 | €14,609 | +€4,458 | +43.9% |
| Non-recurring operating income | 76A | €0 | €620 | +€620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,270 | €39,741 | +€471 | +1.2% |
| Other operating charges | 640/8 | €5,629 | €5,387 | -€242 | -4.3% |
| Gross operating margin | 9900 | €207,208 | €237,538 | +€30,330 | +14.6% |
| Operating profit (loss) | 9901 | €162,309 | €192,409 | +€30,100 | +18.5% |
| Financial income | 75/76B | €555 | €661 | +€106 | +19.2% |
| Recurring financial income | 75 | €555 | €661 | +€106 | +19.2% |
| Financial charges | 65/66B | €1,213 | €5,110 | +€3,897 | +321% |
| Recurring financial charges | 65 | €1,213 | €5,110 | +€3,897 | +321% |
| Profit (loss) for the period before taxes | 9903 | €161,650 | €187,960 | +€26,310 | +16.3% |
| Income taxes | 67/77 | €48,167 | €56,923 | +€8,755 | +18.2% |
| Profit (loss) for the period | 9904 | €113,483 | €131,038 | +€17,555 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €113,483 | €131,038 | +€17,555 | +15.5% |
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 14 October 2026 via checked.be.