ASCREMO: 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.
ASCREMO
Largest movements
- Current investments +€570,086
new in 2025: €570,086
- Receivables within one year -€276,116
down €276,116 (-98.8%), from €279,497 to €3,381
of which Trade receivables: -€199,563
- Financial fixed assets -€274,904
no longer reported in 2025 (was €274,904)
- Cash -€30,175
down €30,175 (-32.2%), from €93,760 to €63,585
mainly Current investments (-€570,086) and Net result for the year (-€8,003)
- Profit (loss) carried forward -€8,003
down €8,003 (-1.4%), from €590,496 to €582,493
- Financial income -€201,222
down €201,222 (-94.9%), from €211,982 to €10,760
- Taxes -€60,154
no longer reported in 2025 (was €60,154)
- Gross operating margin -€29,604
down €29,604, from €14,718 to -€14,886
- Purchases and services -€17,395
no longer reported in 2025 (was €17,395)
- Depreciation -€1,401
down €1,401 (-38.6%), from €3,625 to €2,224
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 | €653,752 | €640,549 | -€13,203 | -2.0% |
| Fixed assets | 21/28 | €280,495 | €3,366 | -€277,129 | -98.8% |
| Tangible fixed assets | 22/27 | €5,590 | €3,366 | -€2,224 | -39.8% |
| Plant, machinery and equipment | 23 | €249 | €125 | -€124 | -49.8% |
| Furniture and vehicles | 24 | €5,341 | €3,241 | -€2,100 | -39.3% |
| Financial fixed assets | 28 | €274,904 | - | -€274,904 | |
| Current assets | 29/58 | €373,257 | €637,183 | +€263,926 | +70.7% |
| Amounts receivable within one year | 40/41 | €279,497 | €3,381 | -€276,116 | -98.8% |
| Trade receivables | 40 | €199,563 | - | -€199,563 | |
| Other amounts receivable | 41 | €79,934 | €3,381 | -€76,553 | -95.8% |
| Current investments | 50/53 | - | €570,086 | +€570,086 | |
| Cash at bank and in hand | 54/58 | €93,760 | €63,585 | -€30,175 | -32.2% |
| Deferred charges and accrued income | 490/1 | - | €131 | +€131 | |
| Total equity and liabilities | 10/49 | €653,752 | €640,549 | -€13,203 | -2.0% |
| Equity | 10/15 | €598,553 | €590,550 | -€8,003 | -1.3% |
| Contributions | 10/11 | €6,197 | €6,197 | -€0 | 0.0% |
| Capital | 10 | €6,197 | - | -€6,197 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €590,496 | €582,493 | -€8,003 | -1.4% |
| Amounts payable | 17/49 | €55,199 | €49,999 | -€5,200 | -9.4% |
| Amounts payable within one year | 42/48 | €55,199 | €49,999 | -€5,200 | -9.4% |
| Trade debts | 44 | €2,238 | - | -€2,238 | |
| Suppliers | 440/4 | €2,238 | - | -€2,238 | |
| Taxes, remuneration and social security | 45 | €52,961 | €49,999 | -€2,962 | -5.6% |
| Taxes | 450/3 | €52,961 | €49,999 | -€2,962 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,395 | - | -€17,395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,625 | €2,224 | -€1,401 | -38.6% |
| Other operating charges | 640/8 | €1,088 | €957 | -€131 | -12.0% |
| Gross operating margin | 9900 | €14,718 | -€14,886 | -€29,604 | |
| Operating profit (loss) | 9901 | €10,006 | -€18,067 | -€28,073 | |
| Financial income | 75/76B | €211,982 | €10,760 | -€201,222 | -94.9% |
| Recurring financial income | 75 | €211,982 | €10,760 | -€201,222 | -94.9% |
| Financial charges | 65/66B | €950 | €696 | -€254 | -26.7% |
| Recurring financial charges | 65 | €950 | €696 | -€254 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €221,038 | -€8,003 | -€229,041 | |
| Income taxes | 67/77 | €60,154 | - | -€60,154 | |
| Profit (loss) for the period | 9904 | €160,883 | -€8,003 | -€168,886 | |
| Profit (loss) for the period to be appropriated | 9905 | €160,883 | -€8,003 | -€168,886 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.