ASCENTWARE: what changed
ASCENTWARE
Largest movements
- Cash +€125,019
up €125,019 (+238%), from €52,481 to €177,500
mainly Net result for the year (+€117,316) and Tax, wage and social debts (+€28,716)
- Tangible fixed assets +€23,302
new in 2025: €23,302
- Receivables within one year +€8,309
up €8,309 (+32.6%), from €25,491 to €33,800
of which Trade receivables: +€8,393
- Profit (loss) carried forward +€117,316
up €117,316 (+260%), from €45,049 to €162,365
- Tax, wage and social debts +€28,716
up €28,716 (+95.2%), from €30,172 to €58,888
of which Remuneration and social security: +€16,218
- Trade debts +€7,173
up €7,173 (+2,854%), from €251 to €7,424
- Accrued charges and deferred income +€3,032
new in 2025: €3,032
- Gross operating margin +€181,445
up €181,445 (+208%), from €87,406 to €268,851
- Staff costs +€79,263
up €79,263 (+264%), from €30,007 to €109,270
- Taxes +€22,909
up €22,909 (+196%), from €11,704 to €34,613
- Depreciation +€5,067
new in 2025: €5,067
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,972 | €235,109 | +€157,137 | +202% |
| Fixed assets | 21/28 | - | €23,302 | +€23,302 | |
| Tangible fixed assets | 22/27 | - | €23,302 | +€23,302 | |
| Furniture and vehicles | 24 | - | €23,302 | +€23,302 | |
| Current assets | 29/58 | €77,972 | €211,808 | +€133,836 | +172% |
| Amounts receivable within one year | 40/41 | €25,491 | €33,800 | +€8,309 | +32.6% |
| Trade receivables | 40 | €25,408 | €33,800 | +€8,393 | +33.0% |
| Other amounts receivable | 41 | €83 | - | -€83 | |
| Cash at bank and in hand | 54/58 | €52,481 | €177,500 | +€125,019 | +238% |
| Deferred charges and accrued income | 490/1 | - | €507 | +€507 | |
| Total equity and liabilities | 10/49 | €77,972 | €235,109 | +€157,137 | +202% |
| Equity | 10/15 | €47,549 | €164,865 | +€117,316 | +247% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,049 | €162,365 | +€117,316 | +260% |
| Amounts payable | 17/49 | €30,423 | €70,244 | +€39,821 | +131% |
| Amounts payable within one year | 42/48 | €30,423 | €67,212 | +€36,789 | +121% |
| Trade debts | 44 | €251 | €7,424 | +€7,173 | +2,854% |
| Suppliers | 440/4 | €251 | €7,424 | +€7,173 | +2,854% |
| Taxes, remuneration and social security | 45 | €30,172 | €58,888 | +€28,716 | +95.2% |
| Taxes | 450/3 | €28,129 | €40,627 | +€12,498 | +44.4% |
| Remuneration and social security | 454/9 | €2,042 | €18,260 | +€16,218 | +794% |
| Other amounts payable | 47/48 | - | €900 | +€900 | |
| Accrued charges and deferred income | 492/3 | - | €3,032 | +€3,032 | |
| Remuneration, social security and pensions | 62 | €30,007 | €109,270 | +€79,263 | +264% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,067 | +€5,067 | |
| Other operating charges | 640/8 | €574 | €2,442 | +€1,869 | +326% |
| Gross operating margin | 9900 | €87,406 | €268,851 | +€181,445 | +208% |
| Operating profit (loss) | 9901 | €56,826 | €152,071 | +€95,246 | +168% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €73 | €157 | +€84 | +115% |
| Recurring financial charges | 65 | €73 | €157 | +€84 | +115% |
| Profit (loss) for the period before taxes | 9903 | €56,753 | €151,929 | +€95,176 | +168% |
| Income taxes | 67/77 | €11,704 | €34,613 | +€22,909 | +196% |
| Profit (loss) for the period | 9904 | €45,049 | €117,316 | +€72,267 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €45,049 | €117,316 | +€72,267 | +160% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.