ASEKURO: 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.
ASEKURO
Largest movements
- Cash -€151,591
down €151,591 (-100.0%), from €151,602 to €10
mainly Other debts (-€100,331) and Debts after one year (-€72,256)
- Receivables within one year +€58,420
up €58,420 (+211.2%), from €27,654 to €86,074
of which Other amounts receivable: +€70,222
- Financial fixed assets -€11,289
down €11,289 (-5.3%), from €214,482 to €203,194
- Other debts -€100,331
down €100,331 (-48.0%), from €208,984 to €108,653
- Debts after one year -€72,256
down €72,256 (-36.4%), from €198,579 to €126,324
- Reserves +€39,028
up €39,028 (+115.9%), from €33,676 to €72,704
of which Distributable reserves: +€39,028
- Short-term financial debts +€19,374
up €19,374 (+52403.3%), from €37 to €19,410
- Gross operating margin -€153,715
down €153,715 (-85.2%), from €180,494 to €26,779
- Financial income +€75,806
up €75,806 (+75805760.0%), from €0 to €75,806
- Staff costs -€73,387
down €73,387 (-94.1%), from €77,973 to €4,585
- Taxes +€6,343
up €6,343 (+915.4%), from €693 to €7,036
- Financial charges -€4,284
down €4,284 (-27.8%), from €15,413 to €11,129
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 | €734,583 | €621,112 | -€113,471 | -15.4% |
| Fixed assets | 21/28 | €484,716 | €468,502 | -€16,214 | -3.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €270,233 | €265,308 | -€4,926 | -1.8% |
| Land and buildings | 22 | €269,352 | €265,239 | -€4,113 | -1.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €882 | €69 | -€813 | -92.2% |
| Financial fixed assets | 28 | €214,482 | €203,194 | -€11,289 | -5.3% |
| Current assets | 29/58 | €249,867 | €152,611 | -€97,256 | -38.9% |
| Amounts receivable after more than one year | 29 | €65,288 | €65,288 | = | 0.0% |
| Other amounts receivable | 291 | €65,288 | €65,288 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,654 | €86,074 | +€58,420 | +211.2% |
| Trade receivables | 40 | €27,411 | €15,609 | -€11,802 | -43.1% |
| Other amounts receivable | 41 | €243 | €70,465 | +€70,222 | +28883.8% |
| Cash at bank and in hand | 54/58 | €151,602 | €10 | -€151,591 | -100.0% |
| Deferred charges and accrued income | 490/1 | €5,324 | €1,238 | -€4,085 | -76.7% |
| Total equity and liabilities | 10/49 | €734,583 | €621,112 | -€113,471 | -15.4% |
| Equity | 10/15 | €228,225 | €267,253 | +€39,028 | +17.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €182,149 | €182,149 | = | 0.0% |
| Reserves | 13 | €33,676 | €72,704 | +€39,028 | +115.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €31,821 | €70,849 | +€39,028 | +122.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €506,358 | €353,859 | -€152,499 | -30.1% |
| Amounts payable after more than one year | 17 | €198,579 | €126,324 | -€72,256 | -36.4% |
| Financial debts | 170/4 | €198,579 | €126,324 | -€72,256 | -36.4% |
| Amounts payable within one year | 42/48 | €307,479 | €226,222 | -€81,258 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €77,515 | €72,348 | -€5,168 | -6.7% |
| Financial debts | 43 | €37 | €19,410 | +€19,374 | +52403.3% |
| Credit institutions | 430/8 | €37 | €19,410 | +€19,374 | +52403.3% |
| Trade debts | 44 | €6,410 | €12,312 | +€5,902 | +92.1% |
| Suppliers | 440/4 | €6,410 | €12,312 | +€5,902 | +92.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €14,533 | €13,499 | -€1,034 | -7.1% |
| Taxes | 450/3 | €761 | €8,527 | +€7,766 | +1020.6% |
| Remuneration and social security | 454/9 | €13,772 | €4,972 | -€8,800 | -63.9% |
| Other amounts payable | 47/48 | €208,984 | €108,653 | -€100,331 | -48.0% |
| Accrued charges and deferred income | 492/3 | €299 | €1,314 | +€1,014 | +338.9% |
| Non-recurring operating income | 76A | €113,278 | €13,712 | -€99,566 | -87.9% |
| Remuneration, social security and pensions | 62 | €77,973 | €4,585 | -€73,387 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,247 | €9,763 | -€484 | -4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,327 | €2,697 | +€370 | +15.9% |
| Non-recurring operating charges | 66A | €1,112 | €0 | -€1,112 | -100.0% |
| Gross operating margin | 9900 | €180,494 | €26,779 | -€153,715 | -85.2% |
| Operating profit (loss) | 9901 | €88,835 | €9,733 | -€79,102 | -89.0% |
| Financial income | 75/76B | €0 | €75,806 | +€75,806 | +75805760.0% |
| Recurring financial income | 75 | €0 | €75,806 | +€75,806 | +75805760.0% |
| Financial charges | 65/66B | €15,413 | €11,129 | -€4,284 | -27.8% |
| Recurring financial charges | 65 | €15,413 | €11,129 | -€4,284 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €73,422 | €74,410 | +€988 | +1.3% |
| Income taxes | 67/77 | €693 | €7,036 | +€6,343 | +915.4% |
| Profit (loss) for the period | 9904 | €72,729 | €67,374 | -€5,355 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,729 | €67,374 | -€5,355 | -7.4% |
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 8 October 2026 via checked.be.