ASEPTIC EXCELLENCE PARTNER: 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.
ASEPTIC EXCELLENCE PARTNER
Largest movements
- Cash +€86,641
up €86,641 (+31.5%), from €275,159 to €361,800
mainly Other debts (+€117,847) and Net result for the year (+€110,885)
- Current investments -€29,311
down €29,311 (-37.5%), from €78,149 to €48,838
- Receivables within one year -€23,762
down €23,762 (-39.4%), from €60,285 to €36,523
of which Trade receivables: -€29,527
- Tangible fixed assets +€8,717
up €8,717 (+65.2%), from €13,362 to €22,080
of which Other tangible fixed assets: +€8,063
- Other debts +€117,847
up €117,847 (+77.5%), from €152,148 to €269,994
- Reserves -€32,223
down €32,223 (-20.1%), from €160,221 to €127,998
- Tax, wage and social debts -€20,965
down €20,965 (-51.9%), from €40,369 to €19,404
- Debts after one year -€17,584
down €17,584 (-100%), from €17,584 to €0
- Current portion of long-term debt -€7,789
down €7,789 (-30.7%), from €25,373 to €17,584
- Gross operating margin +€122,070
up €122,070 (+320%), from €38,108 to €160,178
- Financial income -€57,416
down €57,416 (-93.1%), from €61,694 to €4,278
- Financial charges -€52,287
down €52,287 (-92.7%), from €56,385 to €4,097
- Taxes +€24,914
up €24,914 (+119%), from €20,988 to €45,901
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 | €427,800 | €469,697 | +€41,897 | +9.8% |
| Fixed assets | 21/28 | €13,362 | €22,080 | +€8,717 | +65.2% |
| Tangible fixed assets | 22/27 | €13,362 | €22,080 | +€8,717 | +65.2% |
| Plant, machinery and equipment | 23 | - | €1,227 | +€1,227 | |
| Furniture and vehicles | 24 | €1,300 | €727 | -€573 | -44.1% |
| Other tangible fixed assets | 26 | €12,063 | €20,126 | +€8,063 | +66.8% |
| Current assets | 29/58 | €414,437 | €447,617 | +€33,179 | +8.0% |
| Amounts receivable within one year | 40/41 | €60,285 | €36,523 | -€23,762 | -39.4% |
| Trade receivables | 40 | €60,188 | €30,661 | -€29,527 | -49.1% |
| Other amounts receivable | 41 | €96 | €5,862 | +€5,766 | +5,983% |
| Current investments | 50/53 | €78,149 | €48,838 | -€29,311 | -37.5% |
| Cash at bank and in hand | 54/58 | €275,159 | €361,800 | +€86,641 | +31.5% |
| Deferred charges and accrued income | 490/1 | €845 | €456 | -€389 | -46.1% |
| Total equity and liabilities | 10/49 | €427,800 | €469,697 | +€41,897 | +9.8% |
| Equity | 10/15 | €178,821 | €146,598 | -€32,223 | -18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €160,221 | €127,998 | -€32,223 | -20.1% |
| Distributable reserves | 133 | €160,221 | €127,998 | -€32,223 | -20.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €248,978 | €323,098 | +€74,120 | +29.8% |
| Amounts payable after more than one year | 17 | €17,584 | €0 | -€17,584 | -100% |
| Financial debts | 170/4 | €17,584 | €0 | -€17,584 | -100% |
| Amounts payable within one year | 42/48 | €231,394 | €323,098 | +€91,704 | +39.6% |
| Current portion of amounts payable after more than one year | 42 | €25,373 | €17,584 | -€7,789 | -30.7% |
| Financial debts | 43 | €6,763 | €6,827 | +€63 | +0.9% |
| Credit institutions | 430/8 | €6,763 | €6,827 | +€63 | +0.9% |
| Trade debts | 44 | €6,741 | €9,289 | +€2,547 | +37.8% |
| Suppliers | 440/4 | €6,741 | €9,289 | +€2,547 | +37.8% |
| Taxes, remuneration and social security | 45 | €40,369 | €19,404 | -€20,965 | -51.9% |
| Taxes | 450/3 | €40,369 | €19,404 | -€20,965 | -51.9% |
| Other amounts payable | 47/48 | €152,148 | €269,994 | +€117,847 | +77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,452 | €2,687 | +€234 | +9.6% |
| Other operating charges | 640/8 | €1,198 | €886 | -€312 | -26.1% |
| Gross operating margin | 9900 | €38,108 | €160,178 | +€122,070 | +320% |
| Operating profit (loss) | 9901 | €34,458 | €156,606 | +€122,147 | +354% |
| Financial income | 75/76B | €61,694 | €4,278 | -€57,416 | -93.1% |
| Recurring financial income | 75 | €61,694 | €4,278 | -€57,416 | -93.1% |
| Financial charges | 65/66B | €56,385 | €4,097 | -€52,287 | -92.7% |
| Recurring financial charges | 65 | €56,385 | €4,097 | -€52,287 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | €39,767 | €156,786 | +€117,019 | +294% |
| Income taxes | 67/77 | €20,988 | €45,901 | +€24,914 | +119% |
| Profit (loss) for the period | 9904 | €18,779 | €110,885 | +€92,106 | +490% |
| Profit (loss) for the period to be appropriated | 9905 | €18,779 | €110,885 | +€92,106 | +490% |
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 31 October 2026 via checked.be.