ASDONK: 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.
ASDONK
Largest movements
- Receivables within one year +€7,410
up €7,410 (+300.8%), from €2,463 to €9,874
of which Trade receivables: +€6,408
- Tangible fixed assets +€4,129
up €4,129 (+16.1%), from €25,622 to €29,751
of which Furniture and vehicles: +€6,453
- Cash +€1,340
up €1,340 (+58.1%), from €2,308 to €3,648
mainly Other debts (+€11,590) and Depreciation (+€7,961)
- Stocks and contracts -€851
down €851 (-2.5%), from €33,666 to €32,816
- Other debts +€11,590
up €11,590 (+24.5%), from €47,317 to €58,907
- Trade debts +€5,562
up €5,562 (+393.4%), from €1,414 to €6,976
- Profit (loss) carried forward -€4,897
down €4,897 (-3.0%), from -€162,567 to -€167,465
- Gross operating margin -€9,080
down €9,080 (-65.8%), from €13,799 to €4,719
- Other operating charges -€2,592
down €2,592 (-66.7%), from €3,885 to €1,293
- Depreciation +€1,492
up €1,492 (+23.1%), from €6,470 to €7,961
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 | €64,060 | €76,203 | +€12,143 | +19.0% |
| Fixed assets | 21/28 | €25,622 | €29,751 | +€4,129 | +16.1% |
| Tangible fixed assets | 22/27 | €25,622 | €29,751 | +€4,129 | +16.1% |
| Land and buildings | 22 | €6,086 | €5,154 | -€932 | -15.3% |
| Plant, machinery and equipment | 23 | €15,956 | €14,563 | -€1,393 | -8.7% |
| Furniture and vehicles | 24 | €1,781 | €8,234 | +€6,453 | +362.4% |
| Other tangible fixed assets | 26 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €38,437 | €46,452 | +€8,015 | +20.9% |
| Stocks and contracts in progress | 3 | €33,666 | €32,816 | -€851 | -2.5% |
| Stocks | 30/36 | €33,666 | €32,816 | -€851 | -2.5% |
| Amounts receivable within one year | 40/41 | €2,463 | €9,874 | +€7,410 | +300.8% |
| Trade receivables | 40 | €923 | €7,331 | +€6,408 | +694.3% |
| Other amounts receivable | 41 | €1,541 | €2,543 | +€1,002 | +65.1% |
| Cash at bank and in hand | 54/58 | €2,308 | €3,648 | +€1,340 | +58.1% |
| Deferred charges and accrued income | 490/1 | - | €115 | +€115 | |
| Total equity and liabilities | 10/49 | €64,060 | €76,203 | +€12,143 | +19.0% |
| Equity | 10/15 | €4,761 | -€136 | -€4,897 | |
| Contributions | 10/11 | €167,328 | €167,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,567 | -€167,465 | -€4,897 | -3.0% |
| Amounts payable | 17/49 | €59,299 | €76,339 | +€17,040 | +28.7% |
| Amounts payable within one year | 42/48 | €59,030 | €76,339 | +€17,309 | +29.3% |
| Trade debts | 44 | €1,414 | €6,976 | +€5,562 | +393.4% |
| Suppliers | 440/4 | €1,414 | €6,976 | +€5,562 | +393.4% |
| Taxes, remuneration and social security | 45 | €10,299 | €10,456 | +€157 | +1.5% |
| Taxes | 450/3 | €10,299 | €10,456 | +€157 | +1.5% |
| Other amounts payable | 47/48 | €47,317 | €58,907 | +€11,590 | +24.5% |
| Accrued charges and deferred income | 492/3 | €269 | - | -€269 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,470 | €7,961 | +€1,492 | +23.1% |
| Other operating charges | 640/8 | €3,885 | €1,293 | -€2,592 | -66.7% |
| Gross operating margin | 9900 | €13,799 | €4,719 | -€9,080 | -65.8% |
| Operating profit (loss) | 9901 | €3,445 | -€4,535 | -€7,980 | |
| Financial income | 75/76B | €76 | €48 | -€28 | -36.7% |
| Recurring financial income | 75 | €76 | €48 | -€28 | -36.7% |
| Financial charges | 65/66B | €167 | €253 | +€86 | +51.7% |
| Recurring financial charges | 65 | €167 | €253 | +€86 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €3,354 | -€4,740 | -€8,094 | |
| Income taxes | 67/77 | €125 | €157 | +€32 | +25.9% |
| Profit (loss) for the period | 9904 | €3,229 | -€4,897 | -€8,127 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,229 | -€4,897 | -€8,127 |
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.