ASE Mouscron: 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.
ASE Mouscron
Largest movements
- Receivables within one year +€156,469
up €156,469 (+40.5%), from €386,227 to €542,696
of which Other amounts receivable: +€100,107
- Financial fixed assets -€68,750
down €68,750 (-98.2%), from €70,000 to €1,250
- Tangible fixed assets +€12,146
up €12,146 (+39.5%), from €30,728 to €42,874
of which Furniture and vehicles: +€12,496
- Profit (loss) carried forward +€105,853
up €105,853 (+57.2%), from €185,029 to €290,881
- Other debts -€78,388
down €78,388 (-26.4%), from €297,284 to €218,896
- Debts after one year +€55,254
up €55,254 (+363%), from €15,218 to €70,473
- Advances received -€15,130
down €15,130 (-83.5%), from €18,130 to €3,000
- Current portion of long-term debt +€14,517
up €14,517 (+41.0%), from €35,436 to €49,953
- Gross operating margin +€50,137
up €50,137 (+54.2%), from €92,582 to €142,718
- Financial income +€42,451
up €42,451 (+83,368%), from €51 to €42,502
of which Non-recurring financial income: +€42,500
- Staff costs +€26,807
new in 2025: €26,807
- Depreciation -€1,712
down €1,712 (-15.3%), from €11,217 to €9,505
- Taxes -€1,681
down €1,681 (-9.4%), from €17,879 to €16,198
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 | €596,613 | €692,328 | +€95,715 | +16.0% |
| Fixed assets | 21/28 | €100,728 | €44,124 | -€56,604 | -56.2% |
| Tangible fixed assets | 22/27 | €30,728 | €42,874 | +€12,146 | +39.5% |
| Furniture and vehicles | 24 | €28,074 | €40,570 | +€12,496 | +44.5% |
| Other tangible fixed assets | 26 | €2,654 | €2,304 | -€350 | -13.2% |
| Financial fixed assets | 28 | €70,000 | €1,250 | -€68,750 | -98.2% |
| Current assets | 29/58 | €495,885 | €648,204 | +€152,318 | +30.7% |
| Amounts receivable within one year | 40/41 | €386,227 | €542,696 | +€156,469 | +40.5% |
| Trade receivables | 40 | €202,029 | €258,391 | +€56,362 | +27.9% |
| Other amounts receivable | 41 | €184,198 | €284,305 | +€100,107 | +54.3% |
| Cash at bank and in hand | 54/58 | €109,658 | €105,388 | -€4,270 | -3.9% |
| Deferred charges and accrued income | 490/1 | - | €119 | +€119 | |
| Total equity and liabilities | 10/49 | €596,613 | €692,328 | +€95,715 | +16.0% |
| Equity | 10/15 | €193,018 | €298,870 | +€105,853 | +54.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,789 | €1,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,789 | €1,789 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,789 | €1,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,029 | €290,881 | +€105,853 | +57.2% |
| Amounts payable | 17/49 | €403,596 | €393,458 | -€10,138 | -2.5% |
| Amounts payable after more than one year | 17 | €15,218 | €70,473 | +€55,254 | +363% |
| Financial debts | 170/4 | €15,218 | €70,473 | +€55,254 | +363% |
| Amounts payable within one year | 42/48 | €388,377 | €322,985 | -€65,392 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €35,436 | €49,953 | +€14,517 | +41.0% |
| Trade debts | 44 | €17,951 | €21,895 | +€3,944 | +22.0% |
| Suppliers | 440/4 | €17,951 | €21,895 | +€3,944 | +22.0% |
| Advances received on contracts in progress | 46 | €18,130 | €3,000 | -€15,130 | -83.5% |
| Taxes, remuneration and social security | 45 | €19,575 | €29,240 | +€9,665 | +49.4% |
| Taxes | 450/3 | €19,575 | €24,979 | +€5,404 | +27.6% |
| Remuneration and social security | 454/9 | - | €4,261 | +€4,261 | |
| Other amounts payable | 47/48 | €297,284 | €218,896 | -€78,388 | -26.4% |
| Remuneration, social security and pensions | 62 | - | €26,807 | +€26,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,217 | €9,505 | -€1,712 | -15.3% |
| Other operating charges | 640/8 | €1,185 | €1,014 | -€171 | -14.5% |
| Non-recurring operating charges | 66A | - | €17,049 | +€17,049 | |
| Gross operating margin | 9900 | €92,582 | €142,718 | +€50,137 | +54.2% |
| Operating profit (loss) | 9901 | €80,179 | €88,343 | +€8,164 | +10.2% |
| Financial income | 75/76B | €51 | €42,502 | +€42,451 | +83,368% |
| Recurring financial income | 75 | €51 | €2 | -€49 | -96.0% |
| Non-recurring financial income | 76B | - | €42,500 | +€42,500 | |
| Financial charges | 65/66B | €4,079 | €4,795 | +€716 | +17.6% |
| Recurring financial charges | 65 | €4,079 | €4,795 | +€716 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €76,151 | €126,051 | +€49,899 | +65.5% |
| Income taxes | 67/77 | €17,879 | €16,198 | -€1,681 | -9.4% |
| Profit (loss) for the period | 9904 | €58,272 | €109,853 | +€51,580 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,272 | €109,853 | +€51,580 | +88.5% |
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 27 October 2026 via checked.be.