ASEKURON: 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.
ASEKURON
Largest movements
- Receivables within one year +€212,101
up €212,101 (+141.4%), from €150,000 to €362,101
- Tangible fixed assets +€42,619
up €42,619 (+416.6%), from €10,231 to €52,850
of which Furniture and vehicles: +€44,229
- Receivables after one year -€40,000
no longer reported in 2025 (was €40,000)
- Cash +€35,160
up €35,160 (+21.3%), from €165,053 to €200,213
mainly Other debts (+€378,349) and Net result for the year (+€304,777)
- Current investments +€9,461
up €9,461 (+12.3%), from €76,638 to €86,099
- Other debts +€378,349
up €378,349 (+883.0%), from €42,847 to €421,196
- Reserves -€115,290
down €115,290 (-28.1%), from €410,136 to €294,846
- Financial income +€197,293
up €197,293 (+4985.2%), from €3,958 to €201,250
- Gross operating margin +€35,815
up €35,815 (+34.0%), from €105,204 to €141,019
- Depreciation +€3,301
up €3,301 (+157.3%), from €2,099 to €5,400
- Taxes -€2,366
down €2,366 (-7.7%), from €30,540 to €28,174
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 | €479,441 | €737,975 | +€258,534 | +53.9% |
| Fixed assets | 21/28 | €45,231 | €87,850 | +€42,619 | +94.2% |
| Tangible fixed assets | 22/27 | €10,231 | €52,850 | +€42,619 | +416.6% |
| Plant, machinery and equipment | 23 | €1,745 | €1,258 | -€487 | -27.9% |
| Furniture and vehicles | 24 | €113 | €44,341 | +€44,229 | +39314.4% |
| Other tangible fixed assets | 26 | €8,373 | €7,251 | -€1,122 | -13.4% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €434,210 | €650,125 | +€215,915 | +49.7% |
| Amounts receivable after more than one year | 29 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 291 | €40,000 | - | -€40,000 | |
| Amounts receivable within one year | 40/41 | €150,000 | €362,101 | +€212,101 | +141.4% |
| Other amounts receivable | 41 | €150,000 | €362,101 | +€212,101 | +141.4% |
| Current investments | 50/53 | €76,638 | €86,099 | +€9,461 | +12.3% |
| Cash at bank and in hand | 54/58 | €165,053 | €200,213 | +€35,160 | +21.3% |
| Deferred charges and accrued income | 490/1 | €2,520 | €1,712 | -€808 | -32.1% |
| Total equity and liabilities | 10/49 | €479,441 | €737,975 | +€258,534 | +53.9% |
| Equity | 10/15 | €428,736 | €313,446 | -€115,290 | -26.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €410,136 | €294,846 | -€115,290 | -28.1% |
| Distributable reserves | 133 | €410,136 | €294,846 | -€115,290 | -28.1% |
| Amounts payable | 17/49 | €50,705 | €424,530 | +€373,824 | +737.2% |
| Amounts payable within one year | 42/48 | €50,705 | €424,530 | +€373,824 | +737.2% |
| Trade debts | 44 | €1,248 | €1,316 | +€68 | +5.4% |
| Suppliers | 440/4 | €1,248 | €1,316 | +€68 | +5.4% |
| Taxes, remuneration and social security | 45 | €6,611 | €2,018 | -€4,593 | -69.5% |
| Taxes | 450/3 | €6,611 | €2,018 | -€4,593 | -69.5% |
| Other amounts payable | 47/48 | €42,847 | €421,196 | +€378,349 | +883.0% |
| Non-recurring operating income | 76A | - | €17,834 | +€17,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,099 | €5,400 | +€3,301 | +157.3% |
| Other operating charges | 640/8 | €1,051 | €1,320 | +€269 | +25.6% |
| Gross operating margin | 9900 | €105,204 | €141,019 | +€35,815 | +34.0% |
| Operating profit (loss) | 9901 | €102,054 | €134,299 | +€32,245 | +31.6% |
| Financial income | 75/76B | €3,958 | €201,250 | +€197,293 | +4985.2% |
| Recurring financial income | 75 | €3,958 | €201,250 | +€197,293 | +4985.2% |
| Financial charges | 65/66B | €2,060 | €2,599 | +€539 | +26.1% |
| Recurring financial charges | 65 | €2,060 | €2,599 | +€539 | +26.1% |
| Profit (loss) for the period before taxes | 9903 | €103,951 | €332,951 | +€229,000 | +220.3% |
| Income taxes | 67/77 | €30,540 | €28,174 | -€2,366 | -7.7% |
| Profit (loss) for the period | 9904 | €73,411 | €304,777 | +€231,366 | +315.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,411 | €304,777 | +€231,366 | +315.2% |
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.