ASCOO ITS: 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.
ASCOO ITS
Largest movements
- Tangible fixed assets -€27,492
down €27,492 (-27.7%), from €99,217 to €71,725
of which Furniture and vehicles: -€34,413
- Receivables within one year -€21,060
down €21,060 (-9.7%), from €216,562 to €195,502
of which Trade receivables: -€21,060
- Stocks and contracts +€12,320
up €12,320 (+20.6%), from €59,800 to €72,120
- Cash -€11,934
down €11,934 (-51.2%), from €23,307 to €11,373
mainly Investment in fixed assets (net) (-€38,181) and Net result for the year (-€35,172)
- Intangible fixed assets +€10,315
up €10,315 (+275%), from €3,746 to €14,061
- Profit (loss) carried forward -€35,172
down €35,172 (-53.6%), from -€65,630 to -€100,802
- Tax, wage and social debts -€23,477
down €23,477 (-22.4%), from €104,827 to €81,350
of which Taxes: -€28,306
- Trade debts +€16,948
up €16,948 (+30.8%), from €55,019 to €71,967
- Turnover -€1.4m
no longer reported in 2025 (was €1.4m)
- Purchases and services -€913,944
no longer reported in 2025 (was €913,944)
- Staff costs +€25,253
up €25,253 (+6.1%), from €415,807 to €441,060
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 | €454,120 | €415,288 | -€38,833 | -8.6% |
| Fixed assets | 21/28 | €103,954 | €86,777 | -€17,177 | -16.5% |
| Intangible fixed assets | 21 | €3,746 | €14,061 | +€10,315 | +275% |
| Tangible fixed assets | 22/27 | €99,217 | €71,725 | -€27,492 | -27.7% |
| Plant, machinery and equipment | 23 | €24,201 | €31,474 | +€7,273 | +30.1% |
| Furniture and vehicles | 24 | €73,106 | €38,693 | -€34,413 | -47.1% |
| Other tangible fixed assets | 26 | €1,911 | €1,558 | -€353 | -18.5% |
| Financial fixed assets | 28 | €991 | €991 | = | 0.0% |
| Current assets | 29/58 | €350,167 | €328,511 | -€21,655 | -6.2% |
| Stocks and contracts in progress | 3 | €59,800 | €72,120 | +€12,320 | +20.6% |
| Stocks | 30/36 | €59,800 | €72,120 | +€12,320 | +20.6% |
| Amounts receivable within one year | 40/41 | €216,562 | €195,502 | -€21,060 | -9.7% |
| Trade receivables | 40 | €216,381 | €195,321 | -€21,060 | -9.7% |
| Other amounts receivable | 41 | €181 | €181 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,307 | €11,373 | -€11,934 | -51.2% |
| Deferred charges and accrued income | 490/1 | €50,498 | €49,516 | -€981 | -1.9% |
| Total equity and liabilities | 10/49 | €454,120 | €415,288 | -€38,833 | -8.6% |
| Equity | 10/15 | €105,279 | €70,107 | -€35,172 | -33.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €150,909 | €150,909 | = | 0.0% |
| Distributable reserves | 133 | €150,909 | €150,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,630 | -€100,802 | -€35,172 | -53.6% |
| Amounts payable | 17/49 | €348,841 | €345,181 | -€3,661 | -1.0% |
| Amounts payable within one year | 42/48 | €348,841 | €345,181 | -€3,661 | -1.0% |
| Trade debts | 44 | €55,019 | €71,967 | +€16,948 | +30.8% |
| Suppliers | 440/4 | €55,019 | €71,967 | +€16,948 | +30.8% |
| Taxes, remuneration and social security | 45 | €104,827 | €81,350 | -€23,477 | -22.4% |
| Taxes | 450/3 | €63,625 | €35,319 | -€28,306 | -44.5% |
| Remuneration and social security | 454/9 | €41,202 | €46,032 | +€4,830 | +11.7% |
| Other amounts payable | 47/48 | €188,996 | €191,863 | +€2,868 | +1.5% |
| Turnover | 70 | €1,381,553 | - | -€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €913,944 | - | -€913,944 | |
| Remuneration, social security and pensions | 62 | €415,807 | €441,060 | +€25,253 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,628 | €55,359 | +€4,730 | +9.3% |
| Other operating charges | 640/8 | €5,829 | €2,004 | -€3,824 | -65.6% |
| Gross operating margin | 9900 | €469,029 | €465,859 | -€3,170 | -0.7% |
| Operating profit (loss) | 9901 | -€3,235 | -€32,564 | -€29,329 | -907% |
| Financial income | 75/76B | €7,834 | €3 | -€7,832 | -100.0% |
| Recurring financial income | 75 | €7,834 | €3 | -€7,832 | -100.0% |
| Financial charges | 65/66B | €557 | €61 | -€496 | -89.1% |
| Recurring financial charges | 65 | €557 | €61 | -€496 | -89.1% |
| Profit (loss) for the period before taxes | 9903 | €4,042 | -€32,622 | -€36,664 | |
| Income taxes | 67/77 | €10,854 | €2,550 | -€8,304 | -76.5% |
| Profit (loss) for the period | 9904 | -€6,812 | -€35,172 | -€28,360 | -416% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,812 | -€35,172 | -€28,360 | -416% |
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 30 October 2026 via checked.be.