ASCS: 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.
ASCS
Largest movements
- Receivables within one year +€90,606
up €90,606 (+749%), from €12,100 to €102,706
- Cash +€12,133
up €12,133 (+11.1%), from €109,771 to €121,905
mainly Net result for the year (+€83,438) and Tax, wage and social debts (+€32,747)
- Receivables after one year -€6,874
down €6,874 (-19.2%), from €35,758 to €28,884
- Deferred charges and accrued income -€3,207
down €3,207 (-26.3%), from €12,194 to €8,987
- Profit (loss) carried forward +€83,438
new in 2025: €83,438
- Tax, wage and social debts +€32,747
up €32,747 (+326%), from €10,037 to €42,784
- Reserves -€17,012
down €17,012 (-12.0%), from €141,679 to €124,667
- Other debts -€5,864
down €5,864 (-25.6%), from €22,876 to €17,012
- Trade debts -€2,760
down €2,760 (-34.6%), from €7,967 to €5,207
- Gross operating margin +€18,462
up €18,462 (+17.9%), from €102,969 to €121,431
- Taxes +€6,962
up €6,962 (+29.8%), from €23,348 to €30,311
- Other operating charges -€5,076
down €5,076 (-85.5%), from €5,935 to €859
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 | €184,059 | €274,609 | +€90,549 | +49.2% |
| Fixed assets | 21/28 | €10,208 | €10,599 | +€391 | +3.8% |
| Tangible fixed assets | 22/27 | €10,208 | €10,599 | +€391 | +3.8% |
| Land and buildings | 22 | €5,502 | €4,605 | -€897 | -16.3% |
| Plant, machinery and equipment | 23 | €454 | €963 | +€509 | +112% |
| Furniture and vehicles | 24 | €4,251 | €5,031 | +€779 | +18.3% |
| Current assets | 29/58 | €173,851 | €264,010 | +€90,158 | +51.9% |
| Amounts receivable after more than one year | 29 | €35,758 | €28,884 | -€6,874 | -19.2% |
| Other amounts receivable | 291 | €35,758 | €28,884 | -€6,874 | -19.2% |
| Stocks and contracts in progress | 3 | €4,028 | €1,528 | -€2,500 | -62.1% |
| Stocks | 30/36 | €4,028 | €1,528 | -€2,500 | -62.1% |
| Amounts receivable within one year | 40/41 | €12,100 | €102,706 | +€90,606 | +749% |
| Trade receivables | 40 | €12,100 | €102,706 | +€90,606 | +749% |
| Cash at bank and in hand | 54/58 | €109,771 | €121,905 | +€12,133 | +11.1% |
| Deferred charges and accrued income | 490/1 | €12,194 | €8,987 | -€3,207 | -26.3% |
| Total equity and liabilities | 10/49 | €184,059 | €274,609 | +€90,549 | +49.2% |
| Equity | 10/15 | €143,179 | €209,605 | +€66,426 | +46.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €141,679 | €124,667 | -€17,012 | -12.0% |
| Distributable reserves | 133 | €141,679 | €124,667 | -€17,012 | -12.0% |
| Profit (loss) carried forward | 14 | - | €83,438 | +€83,438 | |
| Amounts payable | 17/49 | €40,880 | €65,004 | +€24,123 | +59.0% |
| Amounts payable within one year | 42/48 | €40,880 | €65,004 | +€24,123 | +59.0% |
| Trade debts | 44 | €7,967 | €5,207 | -€2,760 | -34.6% |
| Suppliers | 440/4 | €7,967 | €5,207 | -€2,760 | -34.6% |
| Taxes, remuneration and social security | 45 | €10,037 | €42,784 | +€32,747 | +326% |
| Taxes | 450/3 | €10,037 | €42,784 | +€32,747 | +326% |
| Other amounts payable | 47/48 | €22,876 | €17,012 | -€5,864 | -25.6% |
| Remuneration, social security and pensions | 62 | €2,346 | €2,131 | -€215 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,983 | €3,152 | +€169 | +5.7% |
| Other operating charges | 640/8 | €5,935 | €859 | -€5,076 | -85.5% |
| Gross operating margin | 9900 | €102,969 | €121,431 | +€18,462 | +17.9% |
| Operating profit (loss) | 9901 | €91,705 | €115,289 | +€23,584 | +25.7% |
| Financial income | 75/76B | €760 | €893 | +€133 | +17.5% |
| Recurring financial income | 75 | €760 | €893 | +€133 | +17.5% |
| Financial charges | 65/66B | €2,667 | €2,433 | -€234 | -8.8% |
| Recurring financial charges | 65 | €2,667 | €2,433 | -€234 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €89,798 | €113,749 | +€23,951 | +26.7% |
| Income taxes | 67/77 | €23,348 | €30,311 | +€6,962 | +29.8% |
| Profit (loss) for the period | 9904 | €66,450 | €83,438 | +€16,989 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,450 | €83,438 | +€16,989 | +25.6% |
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 16 October 2026 via checked.be.