Ascensus Specialties: 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.
Ascensus Specialties
Largest movements
- Receivables within one year +€4.5m
up €4.5m (+63.1%), from €7.2m to €11.7m
of which Trade receivables: +€10.5m
- Stocks and contracts -€620,176
down €620,176 (-46.5%), from €1.3m to €714,967
- Trade debts +€3.1m
up €3.1m (+42.5%), from €7.2m to €10.2m
- Profit (loss) carried forward +€471,073
up €471,073 (+33.6%), from €1.4m to €1.9m
- Accrued charges and deferred income +€308,043
new in 2025: €308,043
- Financial charges +€444,424
up €444,424 (+238.7%), from €186,188 to €630,612
- Financial income +€414,358
up €414,358 (+235.8%), from €175,747 to €590,105
- Staff costs -€317,450
down €317,450 (-45.3%), from €700,102 to €382,652
- Turnover -€255,607
down €255,607 (-2.3%), from €11.0m to €10.8m
- Taxes -€150,071
down €150,071 (-93.3%), from €160,771 to €10,700
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 | €8,724,491 | €12,538,011 | +€3.8m | +43.7% |
| Current assets | 29/58 | €8,724,491 | €12,538,011 | +€3.8m | +43.7% |
| Stocks and contracts in progress | 3 | €1,335,142 | €714,967 | -€620,176 | -46.5% |
| Stocks | 30/36 | €1,335,142 | €714,967 | -€620,176 | -46.5% |
| Amounts receivable within one year | 40/41 | €7,197,524 | €11,737,077 | +€4.5m | +63.1% |
| Trade receivables | 40 | €1,188,343 | €11,681,146 | +€10.5m | +883.0% |
| Other amounts receivable | 41 | €6,009,180 | €55,931 | -€6.0m | -99.1% |
| Cash at bank and in hand | 54/58 | €191,825 | €85,967 | -€105,857 | -55.2% |
| Total equity and liabilities | 10/49 | €8,724,491 | €12,538,011 | +€3.8m | +43.7% |
| Equity | 10/15 | €1,421,444 | €1,892,518 | +€471,073 | +33.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,402,894 | €1,873,968 | +€471,073 | +33.6% |
| Amounts payable | 17/49 | €7,303,046 | €10,645,493 | +€3.3m | +45.8% |
| Amounts payable within one year | 42/48 | €7,303,046 | €10,337,450 | +€3.0m | +41.5% |
| Trade debts | 44 | €7,183,032 | €10,236,993 | +€3.1m | +42.5% |
| Suppliers | 440/4 | €7,183,032 | €10,236,993 | +€3.1m | +42.5% |
| Taxes, remuneration and social security | 45 | €120,015 | €100,457 | -€19,558 | -16.3% |
| Remuneration and social security | 454/9 | €120,015 | €100,457 | -€19,558 | -16.3% |
| Accrued charges and deferred income | 492/3 | - | €308,043 | +€308,043 | |
| Turnover | 70 | €11,020,062 | €10,764,455 | -€255,607 | -2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,081,695 | €9,950,877 | -€130,818 | -1.3% |
| Remuneration, social security and pensions | 62 | €700,102 | €382,652 | -€317,450 | -45.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €94,941 | - | -€94,941 | |
| Gross operating margin | 9900 | €941,362 | €813,578 | -€127,784 | -13.6% |
| Operating profit (loss) | 9901 | €146,319 | €430,926 | +€284,607 | +194.5% |
| Financial income | 75/76B | €175,747 | €590,105 | +€414,358 | +235.8% |
| Recurring financial income | 75 | €175,747 | €590,105 | +€414,358 | +235.8% |
| Financial charges | 65/66B | €186,188 | €630,612 | +€444,424 | +238.7% |
| Recurring financial charges | 65 | €186,188 | €630,612 | +€444,424 | +238.7% |
| Profit (loss) for the period before taxes | 9903 | €135,878 | €390,419 | +€254,542 | +187.3% |
| Income taxes | 67/77 | €160,771 | €10,700 | -€150,071 | -93.3% |
| Profit (loss) for the period | 9904 | -€24,893 | €379,719 | +€404,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,893 | €379,719 | +€404,613 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.