ASDS CONSULT: 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.
ASDS CONSULT
Largest movements
- Tangible fixed assets +€281,609
up €281,609 (+502.2%), from €56,075 to €337,684
of which Land and buildings: +€303,786
- Receivables within one year +€70,230
up €70,230 (+39.9%), from €176,082 to €246,312
of which Trade receivables: +€38,674
- Stocks and contracts -€38,700
no longer reported in 2025 (was €38,700)
- Cash +€33,999
up €33,999 (+35.9%), from €94,614 to €128,613
mainly Debts after one year (+€352,708) and Depreciation (+€90,326)
- Debts after one year +€352,708
up €352,708 (+1123.1%), from €31,404 to €384,111
- Other debts -€34,634
no longer reported in 2025 (was €34,634)
- Trade debts +€20,520
up €20,520 (+23.2%), from €88,601 to €109,121
- Current portion of long-term debt +€17,060
up €17,060 (+108.2%), from €15,761 to €32,821
- Tax, wage and social debts -€14,041
down €14,041 (-41.8%), from €33,596 to €19,555
- Depreciation +€67,621
up €67,621 (+297.8%), from €22,705 to €90,326
- Gross operating margin +€18,314
up €18,314 (+15.5%), from €118,480 to €136,794
- Staff costs +€10,417
new in 2025: €10,417
- Financial charges +€7,892
up €7,892 (+183.5%), from €4,300 to €12,192
- Taxes -€3,413
down €3,413 (-19.5%), from €17,530 to €14,118
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 | €366,674 | €715,941 | +€349,267 | +95.3% |
| Fixed assets | 21/28 | €56,142 | €337,751 | +€281,609 | +501.6% |
| Tangible fixed assets | 22/27 | €56,075 | €337,684 | +€281,609 | +502.2% |
| Land and buildings | 22 | - | €303,786 | +€303,786 | |
| Furniture and vehicles | 24 | €56,075 | €33,898 | -€22,177 | -39.5% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €310,531 | €378,190 | +€67,658 | +21.8% |
| Stocks and contracts in progress | 3 | €38,700 | - | -€38,700 | |
| Stocks | 30/36 | €38,700 | - | -€38,700 | |
| Amounts receivable within one year | 40/41 | €176,082 | €246,312 | +€70,230 | +39.9% |
| Trade receivables | 40 | €174,260 | €212,935 | +€38,674 | +22.2% |
| Other amounts receivable | 41 | €1,822 | €33,377 | +€31,555 | +1731.7% |
| Cash at bank and in hand | 54/58 | €94,614 | €128,613 | +€33,999 | +35.9% |
| Deferred charges and accrued income | 490/1 | €1,135 | €3,265 | +€2,130 | +187.6% |
| Total equity and liabilities | 10/49 | €366,674 | €715,941 | +€349,267 | +95.3% |
| Equity | 10/15 | €147,956 | €155,882 | +€7,926 | +5.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €62,000 | €72,000 | +€10,000 | +16.1% |
| Distributable reserves | 133 | €62,000 | €72,000 | +€10,000 | +16.1% |
| Profit (loss) carried forward | 14 | €77,896 | €75,822 | -€2,074 | -2.7% |
| Amounts payable | 17/49 | €218,717 | €560,058 | +€341,341 | +156.1% |
| Amounts payable after more than one year | 17 | €31,404 | €384,111 | +€352,708 | +1123.1% |
| Financial debts | 170/4 | €31,404 | €384,111 | +€352,708 | +1123.1% |
| Amounts payable within one year | 42/48 | €172,591 | €161,497 | -€11,095 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €15,761 | €32,821 | +€17,060 | +108.2% |
| Trade debts | 44 | €88,601 | €109,121 | +€20,520 | +23.2% |
| Suppliers | 440/4 | €88,601 | €109,121 | +€20,520 | +23.2% |
| Taxes, remuneration and social security | 45 | €33,596 | €19,555 | -€14,041 | -41.8% |
| Taxes | 450/3 | €33,596 | €19,555 | -€14,041 | -41.8% |
| Other amounts payable | 47/48 | €34,634 | - | -€34,634 | |
| Accrued charges and deferred income | 492/3 | €14,723 | €14,450 | -€272 | -1.8% |
| Remuneration, social security and pensions | 62 | - | €10,417 | +€10,417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,705 | €90,326 | +€67,621 | +297.8% |
| Other operating charges | 640/8 | €1,441 | €2,155 | +€714 | +49.5% |
| Non-recurring operating charges | 66A | €4,338 | - | -€4,338 | |
| Gross operating margin | 9900 | €118,480 | €136,794 | +€18,314 | +15.5% |
| Operating profit (loss) | 9901 | €89,996 | €33,896 | -€56,099 | -62.3% |
| Financial income | 75/76B | €441 | €339 | -€101 | -23.0% |
| Recurring financial income | 75 | €441 | €339 | -€101 | -23.0% |
| Financial charges | 65/66B | €4,300 | €12,192 | +€7,892 | +183.5% |
| Recurring financial charges | 65 | €4,300 | €12,192 | +€7,892 | +183.5% |
| Profit (loss) for the period before taxes | 9903 | €86,136 | €22,044 | -€64,092 | -74.4% |
| Income taxes | 67/77 | €17,530 | €14,118 | -€3,413 | -19.5% |
| Profit (loss) for the period | 9904 | €68,606 | €7,926 | -€60,680 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,606 | €7,926 | -€60,680 | -88.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.