ASELIN: 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.
ASELIN
Largest movements
- Receivables within one year -€4,811
down €4,811 (-93.5%), from €5,146 to €335
of which Trade receivables: -€5,135
- Stocks and contracts +€2,598
up €2,598 (+14.3%), from €18,228 to €20,826
- Cash +€1,119
up €1,119 (+55.6%), from €2,011 to €3,129
mainly Other debts (+€14,943) and Receivables within one year (+€4,811)
- Tangible fixed assets -€556
down €556 (-35.1%), from €1,584 to €1,028
of which Plant, machinery and equipment: -€457
- Other debts +€14,943
up €14,943 (+47.4%), from €31,500 to €46,443
- Profit (loss) carried forward -€10,594
down €10,594 (-30.6%), from -€34,651 to -€45,245
- Trade debts -€3,508
down €3,508 (-63.0%), from €5,568 to €2,060
- Tax, wage and social debts -€2,493
down €2,493 (-60.9%), from €4,093 to €1,600
- Gross operating margin +€6,869
up €6,869 (+49.4%), from -€13,907 to -€7,038
- Staff costs -€198
no longer reported in 2025 (was €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 | €26,969 | €25,319 | -€1,651 | -6.1% |
| Fixed assets | 21/28 | €1,584 | €1,028 | -€556 | -35.1% |
| Tangible fixed assets | 22/27 | €1,584 | €1,028 | -€556 | -35.1% |
| Plant, machinery and equipment | 23 | €1,267 | €810 | -€457 | -36.1% |
| Furniture and vehicles | 24 | €317 | €219 | -€98 | -31.0% |
| Current assets | 29/58 | €25,385 | €24,290 | -€1,095 | -4.3% |
| Stocks and contracts in progress | 3 | €18,228 | €20,826 | +€2,598 | +14.3% |
| Stocks | 30/36 | €18,228 | €20,826 | +€2,598 | +14.3% |
| Amounts receivable within one year | 40/41 | €5,146 | €335 | -€4,811 | -93.5% |
| Trade receivables | 40 | €5,135 | - | -€5,135 | |
| Other amounts receivable | 41 | €11 | €335 | +€324 | +2,973% |
| Cash at bank and in hand | 54/58 | €2,011 | €3,129 | +€1,119 | +55.6% |
| Total equity and liabilities | 10/49 | €26,969 | €25,319 | -€1,651 | -6.1% |
| Equity | 10/15 | -€14,191 | -€24,785 | -€10,594 | -74.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,651 | -€45,245 | -€10,594 | -30.6% |
| Amounts payable | 17/49 | €41,161 | €50,104 | +€8,943 | +21.7% |
| Amounts payable within one year | 42/48 | €41,161 | €50,104 | +€8,943 | +21.7% |
| Trade debts | 44 | €5,568 | €2,060 | -€3,508 | -63.0% |
| Suppliers | 440/4 | €5,568 | €2,060 | -€3,508 | -63.0% |
| Taxes, remuneration and social security | 45 | €4,093 | €1,600 | -€2,493 | -60.9% |
| Taxes | 450/3 | €4,093 | €1,600 | -€2,493 | -60.9% |
| Other amounts payable | 47/48 | €31,500 | €46,443 | +€14,943 | +47.4% |
| Remuneration, social security and pensions | 62 | €198 | - | -€198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €556 | €556 | = | 0.0% |
| Other operating charges | 640/8 | €2,842 | €2,814 | -€28 | -1.0% |
| Gross operating margin | 9900 | -€13,907 | -€7,038 | +€6,869 | +49.4% |
| Operating profit (loss) | 9901 | -€17,502 | -€10,407 | +€7,095 | +40.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €139 | €186 | +€47 | +34.0% |
| Recurring financial charges | 65 | €139 | €186 | +€47 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,641 | -€10,594 | +€7,047 | +39.9% |
| Profit (loss) for the period | 9904 | -€17,641 | -€10,594 | +€7,047 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,641 | -€10,594 | +€7,047 | +39.9% |
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 15 October 2026 via checked.be.