ASCOS: 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.
ASCOS
Largest movements
- Cash +€97,182
up €97,182 (+47.9%), from €202,837 to €300,018
mainly Net result for the year (+€87,791) and Other debts (+€40,015)
- Tangible fixed assets -€13,617
down €13,617 (-33.2%), from €40,965 to €27,348
- Current investments +€10,181
new in 2025: €10,181
- Receivables within one year -€6,131
down €6,131 (-34.3%), from €17,889 to €11,758
of which Trade receivables: -€7,805
- Reserves +€47,791
up €47,791 (+19.6%), from €243,388 to €291,179
- Other debts +€40,015
up €40,015 (+1706.3%), from €2,345 to €42,360
- Gross operating margin +€31,803
up €31,803 (+32.1%), from €98,933 to €130,736
- Taxes +€5,844
up €5,844 (+24.9%), from €23,465 to €29,310
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 | €263,392 | €351,338 | +€87,946 | +33.4% |
| Fixed assets | 21/28 | €40,995 | €27,378 | -€13,617 | -33.2% |
| Tangible fixed assets | 22/27 | €40,965 | €27,348 | -€13,617 | -33.2% |
| Furniture and vehicles | 24 | €40,965 | €27,348 | -€13,617 | -33.2% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €222,398 | €323,960 | +€101,563 | +45.7% |
| Amounts receivable within one year | 40/41 | €17,889 | €11,758 | -€6,131 | -34.3% |
| Trade receivables | 40 | €15,609 | €7,805 | -€7,805 | -50.0% |
| Other amounts receivable | 41 | €2,280 | €3,953 | +€1,674 | +73.4% |
| Current investments | 50/53 | - | €10,181 | +€10,181 | |
| Cash at bank and in hand | 54/58 | €202,837 | €300,018 | +€97,182 | +47.9% |
| Deferred charges and accrued income | 490/1 | €1,672 | €2,003 | +€331 | +19.8% |
| Total equity and liabilities | 10/49 | €263,392 | €351,338 | +€87,946 | +33.4% |
| Equity | 10/15 | €255,788 | €303,579 | +€47,791 | +18.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €243,388 | €291,179 | +€47,791 | +19.6% |
| Distributable reserves | 133 | €243,388 | €291,179 | +€47,791 | +19.6% |
| Amounts payable | 17/49 | €7,604 | €47,759 | +€40,154 | +528.0% |
| Amounts payable within one year | 42/48 | €7,604 | €47,759 | +€40,154 | +528.0% |
| Trade debts | 44 | €433 | €1,573 | +€1,141 | +263.6% |
| Suppliers | 440/4 | €433 | €1,573 | +€1,141 | +263.6% |
| Taxes, remuneration and social security | 45 | €4,826 | €3,825 | -€1,001 | -20.7% |
| Taxes | 450/3 | €4,826 | €3,825 | -€1,001 | -20.7% |
| Other amounts payable | 47/48 | €2,345 | €42,360 | +€40,015 | +1706.3% |
| Non-recurring operating income | 76A | - | €22,172 | +€22,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,191 | €13,617 | -€574 | -4.0% |
| Gross operating margin | 9900 | €98,933 | €130,736 | +€31,803 | +32.1% |
| Operating profit (loss) | 9901 | €84,742 | €117,119 | +€32,376 | +38.2% |
| Financial income | 75/76B | €37 | €146 | +€109 | +293.6% |
| Recurring financial income | 75 | €37 | €146 | +€109 | +293.6% |
| Financial charges | 65/66B | €69 | €164 | +€94 | +136.8% |
| Recurring financial charges | 65 | €69 | €164 | +€94 | +136.8% |
| Profit (loss) for the period before taxes | 9903 | €84,710 | €117,101 | +€32,391 | +38.2% |
| Income taxes | 67/77 | €23,465 | €29,310 | +€5,844 | +24.9% |
| Profit (loss) for the period | 9904 | €61,245 | €87,791 | +€26,546 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,245 | €87,791 | +€26,546 | +43.3% |
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 9 October 2026 via checked.be.