Aselia: 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.
Aselia
Largest movements
- Current investments -€26,806
down €26,806 (-21.0%), from €127,500 to €100,694
- Tangible fixed assets -€8,119
down €8,119 (-4.3%), from €190,684 to €182,564
of which Land and buildings: -€4,458
- Cash +€4,059
up €4,059 (+29.3%), from €13,859 to €17,918
mainly Net result for the year (+€30,039) and Current investments (+€26,806)
- Other debts -€23,220
down €23,220 (-18.1%), from €128,160 to €104,940
- Debts after one year -€13,547
down €13,547 (-18.9%), from €71,837 to €58,290
- Reserves +€3,801
up €3,801 (+3.2%), from €118,732 to €122,533
- Gross operating margin -€10,773
down €10,773 (-15.5%), from €69,495 to €58,722
- Taxes -€2,768
down €2,768 (-18.3%), from €15,095 to €12,327
- Depreciation +€900
up €900 (+12.5%), from €7,220 to €8,119
- Financial income +€844
up €844 (+67.9%), from €1,242 to €2,086
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 | €365,437 | €334,699 | -€30,738 | -8.4% |
| Fixed assets | 21/28 | €190,684 | €182,564 | -€8,119 | -4.3% |
| Tangible fixed assets | 22/27 | €190,684 | €182,564 | -€8,119 | -4.3% |
| Land and buildings | 22 | €181,196 | €176,738 | -€4,458 | -2.5% |
| Plant, machinery and equipment | 23 | €4,118 | €2,876 | -€1,241 | -30.1% |
| Furniture and vehicles | 24 | €5,370 | €2,950 | -€2,420 | -45.1% |
| Current assets | 29/58 | €174,753 | €152,135 | -€22,619 | -12.9% |
| Amounts receivable within one year | 40/41 | €16,628 | €19,257 | +€2,629 | +15.8% |
| Trade receivables | 40 | €11,519 | €14,193 | +€2,674 | +23.2% |
| Other amounts receivable | 41 | €5,109 | €5,064 | -€45 | -0.9% |
| Current investments | 50/53 | €127,500 | €100,694 | -€26,806 | -21.0% |
| Cash at bank and in hand | 54/58 | €13,859 | €17,918 | +€4,059 | +29.3% |
| Deferred charges and accrued income | 490/1 | €16,767 | €14,266 | -€2,501 | -14.9% |
| Total equity and liabilities | 10/49 | €365,437 | €334,699 | -€30,738 | -8.4% |
| Equity | 10/15 | €137,332 | €141,133 | +€3,801 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,732 | €122,533 | +€3,801 | +3.2% |
| Distributable reserves | 133 | €118,732 | €122,533 | +€3,801 | +3.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €228,105 | €193,566 | -€34,539 | -15.1% |
| Amounts payable after more than one year | 17 | €71,837 | €58,290 | -€13,547 | -18.9% |
| Financial debts | 170/4 | €71,837 | €58,290 | -€13,547 | -18.9% |
| Amounts payable within one year | 42/48 | €156,268 | €135,276 | -€20,992 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €13,380 | €13,547 | +€167 | +1.2% |
| Financial debts | 43 | €2,330 | €25 | -€2,305 | -98.9% |
| Other loans | 439 | €2,330 | €25 | -€2,305 | -98.9% |
| Trade debts | 44 | €2,014 | €3,186 | +€1,172 | +58.2% |
| Suppliers | 440/4 | €2,014 | €3,186 | +€1,172 | +58.2% |
| Taxes, remuneration and social security | 45 | €10,384 | €13,578 | +€3,194 | +30.8% |
| Taxes | 450/3 | €10,384 | €13,578 | +€3,194 | +30.8% |
| Other amounts payable | 47/48 | €128,160 | €104,940 | -€23,220 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,220 | €8,119 | +€900 | +12.5% |
| Other operating charges | 640/8 | €1,633 | €1,335 | -€299 | -18.3% |
| Non-recurring operating charges | 66A | €219 | €0 | -€219 | -100.0% |
| Gross operating margin | 9900 | €69,495 | €58,722 | -€10,773 | -15.5% |
| Operating profit (loss) | 9901 | €60,423 | €49,268 | -€11,155 | -18.5% |
| Financial income | 75/76B | €1,242 | €2,086 | +€844 | +67.9% |
| Recurring financial income | 75 | €1,242 | €2,086 | +€844 | +67.9% |
| Financial charges | 65/66B | €8,747 | €8,988 | +€240 | +2.7% |
| Recurring financial charges | 65 | €8,747 | €8,988 | +€240 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €52,918 | €42,366 | -€10,552 | -19.9% |
| Income taxes | 67/77 | €15,095 | €12,327 | -€2,768 | -18.3% |
| Profit (loss) for the period | 9904 | €37,823 | €30,039 | -€7,784 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,823 | €30,039 | -€7,784 | -20.6% |
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 11 October 2026 via checked.be.