ASCOT RESIM: 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.
ASCOT RESIM
Largest movements
- Receivables within one year -€295,524
down €295,524 (-69.2%), from €426,842 to €131,319
of which Other amounts receivable: -€177,236
- Cash -€256,750
down €256,750 (-91.2%), from €281,440 to €24,690
mainly Short-term financial debts (-€332,240) and Trade debts (-€172,717)
- Stocks and contracts -€33,208
down €33,208 (-11.0%), from €301,186 to €267,978
- Short-term financial debts -€332,240
down €332,240 (-100%), from €332,240 to €0
- Trade debts -€172,717
down €172,717 (-53.4%), from €323,246 to €150,529
- Tax, wage and social debts -€96,402
down €96,402 (-100%), from €96,402 to €0
- Other debts +€19,565
up €19,565 (+18.8%), from €103,928 to €123,494
- Gross operating margin -€70,017
down €70,017 (-27.8%), from €251,468 to €181,451
- Financial charges -€26,396
down €26,396 (-57.6%), from €45,790 to €19,394
- Taxes +€3,273
up €3,273 (+8.6%), from €37,891 to €41,165
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 | €1,021,409 | €439,022 | -€582,387 | -57.0% |
| Fixed assets | 21/28 | €11,046 | €11,046 | = | 0.0% |
| Financial fixed assets | 28 | €11,046 | €11,046 | = | 0.0% |
| Current assets | 29/58 | €1,010,363 | €427,976 | -€582,387 | -57.6% |
| Stocks and contracts in progress | 3 | €301,186 | €267,978 | -€33,208 | -11.0% |
| Stocks | 30/36 | €301,186 | €267,978 | -€33,208 | -11.0% |
| Amounts receivable within one year | 40/41 | €426,842 | €131,319 | -€295,524 | -69.2% |
| Trade receivables | 40 | €189,357 | €71,069 | -€118,288 | -62.5% |
| Other amounts receivable | 41 | €237,486 | €60,250 | -€177,236 | -74.6% |
| Cash at bank and in hand | 54/58 | €281,440 | €24,690 | -€256,750 | -91.2% |
| Deferred charges and accrued income | 490/1 | €895 | €3,990 | +€3,095 | +346% |
| Total equity and liabilities | 10/49 | €1,021,409 | €439,022 | -€582,387 | -57.0% |
| Equity | 10/15 | €165,000 | €165,000 | = | 0.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €856,409 | €274,022 | -€582,387 | -68.0% |
| Amounts payable within one year | 42/48 | €855,817 | €274,022 | -€581,794 | -68.0% |
| Financial debts | 43 | €332,240 | €0 | -€332,240 | -100% |
| Credit institutions | 430/8 | €332,240 | €0 | -€332,240 | -100% |
| Trade debts | 44 | €323,246 | €150,529 | -€172,717 | -53.4% |
| Suppliers | 440/4 | €323,246 | €150,529 | -€172,717 | -53.4% |
| Taxes, remuneration and social security | 45 | €96,402 | €0 | -€96,402 | -100% |
| Taxes | 450/3 | €96,402 | €0 | -€96,402 | -100% |
| Other amounts payable | 47/48 | €103,928 | €123,494 | +€19,565 | +18.8% |
| Accrued charges and deferred income | 492/3 | €593 | €0 | -€593 | -100% |
| Other operating charges | 640/8 | €1,108 | €1,390 | +€282 | +25.5% |
| Gross operating margin | 9900 | €251,468 | €181,451 | -€70,017 | -27.8% |
| Operating profit (loss) | 9901 | €250,360 | €180,061 | -€70,299 | -28.1% |
| Financial income | 75/76B | €2,400 | €3,991 | +€1,592 | +66.3% |
| Recurring financial income | 75 | €2,400 | €3,991 | +€1,592 | +66.3% |
| Financial charges | 65/66B | €45,790 | €19,394 | -€26,396 | -57.6% |
| Recurring financial charges | 65 | €45,790 | €19,394 | -€26,396 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €206,969 | €164,658 | -€42,311 | -20.4% |
| Income taxes | 67/77 | €37,891 | €41,165 | +€3,273 | +8.6% |
| Profit (loss) for the period | 9904 | €169,078 | €123,494 | -€45,584 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €169,078 | €123,494 | -€45,584 | -27.0% |
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 26 October 2026 via checked.be.