ASD TRADE: 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.
ASD TRADE
Largest movements
- Cash +€20,109
up €20,109 (+78.3%), from €25,691 to €45,800
mainly Trade debts (+€18,163) and Other debts (+€4,898)
- Receivables within one year -€1,146
down €1,146 (-14.3%), from €8,039 to €6,893
- Tangible fixed assets -€999
down €999 (-26.7%), from €3,747 to €2,748
- Stocks and contracts -€897
down €897 (-44.9%), from €2,000 to €1,103
- Intangible fixed assets -€600
down €600 (-25.9%), from €2,315 to €1,715
- Trade debts +€18,163
up €18,163 (+1,145%), from €1,586 to €19,749
- Other debts +€4,898
up €4,898 (+755%), from €649 to €5,547
- Tax, wage and social debts -€4,681
down €4,681 (-35.4%), from €13,214 to €8,533
of which Taxes: -€4,618
- Profit (loss) carried forward -€1,913
down €1,913 (-9.6%), from €19,961 to €18,048
- Turnover -€63,545
down €63,545 (-29.9%), from €212,419 to €148,874
- Gross operating margin -€33,127
down €33,127 (-48.7%), from €67,993 to €34,866
- Purchases and services -€30,418
down €30,418 (-21.1%), from €144,426 to €114,008
- Taxes -€6,304
no longer reported in 2024 (was €6,304)
- Staff costs -€4,395
down €4,395 (-12.1%), from €36,189 to €31,794
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,792 | €58,259 | +€16,467 | +39.4% |
| Fixed assets | 21/28 | €6,062 | €4,463 | -€1,599 | -26.4% |
| Intangible fixed assets | 21 | €2,315 | €1,715 | -€600 | -25.9% |
| Tangible fixed assets | 22/27 | €3,747 | €2,748 | -€999 | -26.7% |
| Furniture and vehicles | 24 | €3,747 | €2,748 | -€999 | -26.7% |
| Current assets | 29/58 | €35,730 | €53,796 | +€18,066 | +50.6% |
| Stocks and contracts in progress | 3 | €2,000 | €1,103 | -€897 | -44.9% |
| Stocks | 30/36 | €2,000 | €1,103 | -€897 | -44.9% |
| Amounts receivable within one year | 40/41 | €8,039 | €6,893 | -€1,146 | -14.3% |
| Other amounts receivable | 41 | €8,039 | €6,893 | -€1,146 | -14.3% |
| Cash at bank and in hand | 54/58 | €25,691 | €45,800 | +€20,109 | +78.3% |
| Total equity and liabilities | 10/49 | €41,792 | €58,259 | +€16,467 | +39.4% |
| Equity | 10/15 | €26,343 | €24,430 | -€1,913 | -7.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,382 | €1,382 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,382 | €1,382 | = | 0.0% |
| Legal reserve | 130 | €1,382 | €1,382 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,961 | €18,048 | -€1,913 | -9.6% |
| Amounts payable | 17/49 | €15,449 | €33,829 | +€18,380 | +119% |
| Amounts payable within one year | 42/48 | €15,449 | €33,829 | +€18,380 | +119% |
| Trade debts | 44 | €1,586 | €19,749 | +€18,163 | +1,145% |
| Suppliers | 440/4 | €1,586 | €19,749 | +€18,163 | +1,145% |
| Taxes, remuneration and social security | 45 | €13,214 | €8,533 | -€4,681 | -35.4% |
| Taxes | 450/3 | €11,476 | €6,858 | -€4,618 | -40.2% |
| Remuneration and social security | 454/9 | €1,738 | €1,675 | -€63 | -3.6% |
| Other amounts payable | 47/48 | €649 | €5,547 | +€4,898 | +755% |
| Turnover | 70 | €212,419 | €148,874 | -€63,545 | -29.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €144,426 | €114,008 | -€30,418 | -21.1% |
| Remuneration, social security and pensions | 62 | €36,189 | €31,794 | -€4,395 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €1,600 | -€338 | -17.4% |
| Other operating charges | 640/8 | €2,165 | €3,275 | +€1,110 | +51.3% |
| Gross operating margin | 9900 | €67,993 | €34,866 | -€33,127 | -48.7% |
| Operating profit (loss) | 9901 | €27,701 | -€1,803 | -€29,504 | |
| Financial charges | 65/66B | €54 | €110 | +€56 | +104% |
| Recurring financial charges | 65 | €54 | €110 | +€56 | +104% |
| Profit (loss) for the period before taxes | 9903 | €27,647 | -€1,913 | -€29,560 | |
| Income taxes | 67/77 | €6,304 | - | -€6,304 | |
| Profit (loss) for the period | 9904 | €21,343 | -€1,913 | -€23,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,343 | -€1,913 | -€23,256 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.