ASCOLO: 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.
ASCOLO
Largest movements
- Tangible fixed assets -€128,531
down €128,531 (-11.8%), from €1.1m to €962,290
of which Leasing and similar rights: -€249,612
- Stocks and contracts +€46,900
new in 2025: €46,900
of which Contracts in progress: +€38,000
- Receivables within one year -€39,715
down €39,715 (-9.3%), from €426,234 to €386,518
of which Trade receivables: -€32,002
- Cash -€18,378
no longer reported in 2025 (was €18,378)
mainly Investment in fixed assets (net) (-€149,673) and Debts after one year (-€77,192)
- Debts after one year -€77,192
down €77,192 (-19.2%), from €401,724 to €324,532
- Trade debts -€56,197
down €56,197 (-23.1%), from €243,023 to €186,826
- Other debts +€26,331
up €26,331 (+8.2%), from €319,884 to €346,215
- Current portion of long-term debt -€24,263
down €24,263 (-12.0%), from €202,916 to €178,652
- Depreciation +€90,900
up €90,900 (+48.5%), from €187,304 to €278,204
- Staff costs -€57,212
down €57,212 (-35.7%), from €160,430 to €103,219
- Gross operating margin +€15,119
up €15,119 (+3.9%), from €389,776 to €404,895
- Other operating charges +€4,137
up €4,137 (+35.8%), from €11,550 to €15,687
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 | €1,545,401 | €1,410,748 | -€134,654 | -8.7% |
| Fixed assets | 21/28 | €1,097,014 | €968,483 | -€128,531 | -11.7% |
| Tangible fixed assets | 22/27 | €1,090,821 | €962,290 | -€128,531 | -11.8% |
| Plant, machinery and equipment | 23 | €255,391 | €320,078 | +€64,687 | +25.3% |
| Furniture and vehicles | 24 | €585,818 | €642,212 | +€56,394 | +9.6% |
| Leasing and similar rights | 25 | €249,612 | - | -€249,612 | |
| Financial fixed assets | 28 | €6,193 | €6,193 | = | 0.0% |
| Current assets | 29/58 | €448,388 | €442,265 | -€6,122 | -1.4% |
| Stocks and contracts in progress | 3 | - | €46,900 | +€46,900 | |
| Stocks | 30/36 | - | €8,900 | +€8,900 | |
| Contracts in progress | 37 | - | €38,000 | +€38,000 | |
| Amounts receivable within one year | 40/41 | €426,234 | €386,518 | -€39,715 | -9.3% |
| Trade receivables | 40 | €400,786 | €368,784 | -€32,002 | -8.0% |
| Other amounts receivable | 41 | €25,448 | €17,735 | -€7,713 | -30.3% |
| Cash at bank and in hand | 54/58 | €18,378 | - | -€18,378 | |
| Deferred charges and accrued income | 490/1 | €3,776 | €8,847 | +€5,071 | +134.3% |
| Total equity and liabilities | 10/49 | €1,545,401 | €1,410,748 | -€134,654 | -8.7% |
| Equity | 10/15 | €345,541 | €332,123 | -€13,418 | -3.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €45,541 | €45,541 | = | 0.0% |
| Distributable reserves | 133 | €45,541 | €45,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€13,418 | -€13,418 | |
| Amounts payable | 17/49 | €1,199,860 | €1,078,624 | -€121,236 | -10.1% |
| Amounts payable after more than one year | 17 | €401,724 | €324,532 | -€77,192 | -19.2% |
| Financial debts | 170/4 | €401,724 | €324,532 | -€77,192 | -19.2% |
| Amounts payable within one year | 42/48 | €798,136 | €750,995 | -€47,141 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €202,916 | €178,652 | -€24,263 | -12.0% |
| Financial debts | 43 | €22,433 | €33,212 | +€10,779 | +48.1% |
| Credit institutions | 430/8 | €22,433 | €33,212 | +€10,779 | +48.1% |
| Trade debts | 44 | €243,023 | €186,826 | -€56,197 | -23.1% |
| Suppliers | 440/4 | €243,023 | €186,826 | -€56,197 | -23.1% |
| Taxes, remuneration and social security | 45 | €9,881 | €6,090 | -€3,791 | -38.4% |
| Taxes | 450/3 | €2,710 | €2,736 | +€26 | +1.0% |
| Remuneration and social security | 454/9 | €7,171 | €3,354 | -€3,817 | -53.2% |
| Other amounts payable | 47/48 | €319,884 | €346,215 | +€26,331 | +8.2% |
| Accrued charges and deferred income | 492/3 | - | €3,097 | +€3,097 | |
| Non-recurring operating income | 76A | - | €6,445 | +€6,445 | |
| Remuneration, social security and pensions | 62 | €160,430 | €103,219 | -€57,212 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,304 | €278,204 | +€90,900 | +48.5% |
| Other operating charges | 640/8 | €11,550 | €15,687 | +€4,137 | +35.8% |
| Gross operating margin | 9900 | €389,776 | €404,895 | +€15,119 | +3.9% |
| Operating profit (loss) | 9901 | €30,492 | €7,785 | -€22,707 | -74.5% |
| Financial income | 75/76B | €0 | €42 | +€42 | +140766.7% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +140766.7% |
| Financial charges | 65/66B | €21,658 | €21,190 | -€468 | -2.2% |
| Recurring financial charges | 65 | €21,658 | €21,190 | -€468 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €8,834 | -€13,363 | -€22,196 | |
| Income taxes | 67/77 | €1,224 | €55 | -€1,169 | -95.5% |
| Profit (loss) for the period | 9904 | €7,610 | -€13,418 | -€21,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,610 | -€13,418 | -€21,028 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.