ASCENTIM: 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.
ASCENTIM
Largest movements
- Current investments +€625,000
new in 2025: €625,000
- Tangible fixed assets +€489,737
up €489,737 (+53.8%), from €910,109 to €1.4m
of which Land and buildings: +€494,174
- Receivables within one year +€47,006
up €47,006 (+2,506%), from €1,876 to €48,882
of which Other amounts receivable: +€42,014
- Reserves +€619,864
up €619,864 (+181%), from €341,964 to €961,828
of which Non-distributable reserves: +€619,573
- Profit (loss) carried forward +€497,561
up €497,561 (+428%), from €116,317 to €613,878
- Contributions +€47,450
up €47,450 (+17.6%), from €270,149 to €317,600
- Depreciation +€11,668
up €11,668 (+27.8%), from €41,898 to €53,565
- Gross operating margin +€10,937
up €10,937 (+489%), from €2,238 to €13,175
- Financial income -€3,489
down €3,489 (-52.6%), from €6,627 to €3,139
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 | €946,513 | €2,093,603 | +€1.1m | +121% |
| Fixed assets | 21/28 | €910,109 | €1,399,847 | +€489,737 | +53.8% |
| Tangible fixed assets | 22/27 | €910,109 | €1,399,847 | +€489,737 | +53.8% |
| Land and buildings | 22 | €905,333 | €1,399,507 | +€494,174 | +54.6% |
| Furniture and vehicles | 24 | €4,777 | €340 | -€4,437 | -92.9% |
| Current assets | 29/58 | €36,403 | €693,756 | +€657,353 | +1,806% |
| Amounts receivable within one year | 40/41 | €1,876 | €48,882 | +€47,006 | +2,506% |
| Trade receivables | 40 | - | €4,991 | +€4,991 | |
| Other amounts receivable | 41 | €1,876 | €43,890 | +€42,014 | +2,240% |
| Current investments | 50/53 | - | €625,000 | +€625,000 | |
| Cash at bank and in hand | 54/58 | €32,674 | €17,906 | -€14,768 | -45.2% |
| Deferred charges and accrued income | 490/1 | €1,854 | €1,969 | +€115 | +6.2% |
| Total equity and liabilities | 10/49 | €946,513 | €2,093,603 | +€1.1m | +121% |
| Equity | 10/15 | €728,430 | €1,893,306 | +€1.2m | +160% |
| Contributions | 10/11 | €270,149 | €317,600 | +€47,450 | +17.6% |
| Reserves | 13 | €341,964 | €961,828 | +€619,864 | +181% |
| Non-distributable reserves | 130/1 | - | €619,573 | +€619,573 | |
| Reserves not available under the articles | 1311 | - | €619,573 | +€619,573 | |
| Tax-exempt reserves | 132 | €272,859 | €259,724 | -€13,135 | -4.8% |
| Distributable reserves | 133 | €69,104 | €82,531 | +€13,427 | +19.4% |
| Profit (loss) carried forward | 14 | €116,317 | €613,878 | +€497,561 | +428% |
| Provisions and deferred taxes | 16 | €90,953 | €86,575 | -€4,378 | -4.8% |
| Deferred taxes | 168 | €90,953 | €86,575 | -€4,378 | -4.8% |
| Amounts payable | 17/49 | €127,129 | €113,722 | -€13,407 | -10.5% |
| Amounts payable within one year | 42/48 | €125,979 | €111,222 | -€14,757 | -11.7% |
| Trade debts | 44 | €5,509 | €15 | -€5,494 | -99.7% |
| Suppliers | 440/4 | €5,509 | €15 | -€5,494 | -99.7% |
| Taxes, remuneration and social security | 45 | - | €792 | +€792 | |
| Taxes | 450/3 | - | €792 | +€792 | |
| Other amounts payable | 47/48 | €120,470 | €110,415 | -€10,055 | -8.3% |
| Accrued charges and deferred income | 492/3 | €1,150 | €2,500 | +€1,350 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,898 | €53,565 | +€11,668 | +27.8% |
| Other operating charges | 640/8 | €2,718 | €2,685 | -€33 | -1.2% |
| Gross operating margin | 9900 | €2,238 | €13,175 | +€10,937 | +489% |
| Operating profit (loss) | 9901 | -€42,378 | -€43,075 | -€697 | -1.6% |
| Financial income | 75/76B | €6,627 | €3,139 | -€3,489 | -52.6% |
| Recurring financial income | 75 | €6,627 | €3,139 | -€3,489 | -52.6% |
| Financial charges | 65/66B | €62 | €63 | +€2 | +2.4% |
| Recurring financial charges | 65 | €62 | €63 | +€2 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,812 | -€40,000 | -€4,188 | -11.7% |
| Transfer from deferred taxes | 780 | €1,917 | €4,378 | +€2,462 | +128% |
| Income taxes | 67/77 | €112 | €107 | -€5 | -4.8% |
| Profit (loss) for the period | 9904 | -€34,008 | -€35,728 | -€1,721 | -5.1% |
| Transfer from tax-exempt reserves | 789 | €5,750 | €13,135 | +€7,385 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,258 | -€22,593 | +€5,665 | +20.0% |
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 17 October 2026 via checked.be.