ASDK: 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.
ASDK
Largest movements
- Receivables after one year +€40,408
up €40,408 (+24.7%), from €163,280 to €203,689
- Receivables within one year -€14,209
down €14,209 (-45.6%), from €31,149 to €16,940
of which Trade receivables: -€13,552
- Tangible fixed assets -€7,657
down €7,657 (-58.9%), from €12,997 to €5,340
- Reserves +€16,700
up €16,700 (+12.4%), from €134,263 to €150,963
of which Distributable reserves: +€16,700
- Trade debts +€8,055
up €8,055 (+26.4%), from €30,475 to €38,530
- Current portion of long-term debt -€4,532
down €4,532 (-100.0%), from €4,532 to €0
- Other operating charges +€3,116
up €3,116 (+117.3%), from €2,656 to €5,772
- Financial income +€1,845
up €1,845 (+25.9%), from €7,127 to €8,972
- Financial charges +€1,631
up €1,631 (+582.4%), from €280 to €1,911
- Gross operating margin -€1,435
down €1,435 (-4.1%), from €34,834 to €33,399
- Depreciation +€416
up €416 (+4.8%), from €8,627 to €9,043
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 | €214,894 | €233,051 | +€18,156 | +8.4% |
| Fixed assets | 21/28 | €12,997 | €5,340 | -€7,657 | -58.9% |
| Tangible fixed assets | 22/27 | €12,997 | €5,340 | -€7,657 | -58.9% |
| Furniture and vehicles | 24 | €12,997 | €5,340 | -€7,657 | -58.9% |
| Current assets | 29/58 | €201,898 | €227,711 | +€25,813 | +12.8% |
| Amounts receivable after more than one year | 29 | €163,280 | €203,689 | +€40,408 | +24.7% |
| Other amounts receivable | 291 | €163,280 | €203,689 | +€40,408 | +24.7% |
| Amounts receivable within one year | 40/41 | €31,149 | €16,940 | -€14,209 | -45.6% |
| Trade receivables | 40 | €30,492 | €16,940 | -€13,552 | -44.4% |
| Other amounts receivable | 41 | €657 | €0 | -€657 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,511 | €6,063 | -€448 | -6.9% |
| Deferred charges and accrued income | 490/1 | €958 | €1,020 | +€62 | +6.5% |
| Total equity and liabilities | 10/49 | €214,894 | €233,051 | +€18,156 | +8.4% |
| Equity | 10/15 | €140,592 | €157,317 | +€16,725 | +11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €134,263 | €150,963 | +€16,700 | +12.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €132,403 | €149,103 | +€16,700 | +12.6% |
| Profit (loss) carried forward | 14 | €130 | €155 | +€25 | +19.3% |
| Amounts payable | 17/49 | €74,302 | €75,734 | +€1,431 | +1.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €67,552 | €68,984 | +€1,431 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €4,532 | €0 | -€4,532 | -100.0% |
| Financial debts | 43 | €45 | €0 | -€45 | -100.0% |
| Credit institutions | 430/8 | €45 | €0 | -€45 | -100.0% |
| Trade debts | 44 | €30,475 | €38,530 | +€8,055 | +26.4% |
| Suppliers | 440/4 | €30,475 | €38,530 | +€8,055 | +26.4% |
| Taxes, remuneration and social security | 45 | €32,500 | €30,454 | -€2,046 | -6.3% |
| Taxes | 450/3 | €32,500 | €30,454 | -€2,046 | -6.3% |
| Accrued charges and deferred income | 492/3 | €6,750 | €6,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,627 | €9,043 | +€416 | +4.8% |
| Other operating charges | 640/8 | €2,656 | €5,772 | +€3,116 | +117.3% |
| Gross operating margin | 9900 | €34,834 | €33,399 | -€1,435 | -4.1% |
| Operating profit (loss) | 9901 | €23,551 | €18,584 | -€4,967 | -21.1% |
| Financial income | 75/76B | €7,127 | €8,972 | +€1,845 | +25.9% |
| Recurring financial income | 75 | €7,127 | €8,972 | +€1,845 | +25.9% |
| Financial charges | 65/66B | €280 | €1,911 | +€1,631 | +582.4% |
| Recurring financial charges | 65 | €280 | €1,911 | +€1,631 | +582.4% |
| Profit (loss) for the period before taxes | 9903 | €30,398 | €25,645 | -€4,753 | -15.6% |
| Income taxes | 67/77 | €9,300 | €8,920 | -€380 | -4.1% |
| Profit (loss) for the period | 9904 | €21,098 | €16,725 | -€4,373 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,098 | €16,725 | -€4,373 | -20.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.