ASFALT VERSCHATSE: 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.
ASFALT VERSCHATSE
Largest movements
- Receivables within one year +€80,606
up €80,606 (+59.7%), from €135,107 to €215,713
of which Trade receivables: +€78,475
- Tangible fixed assets -€35,180
down €35,180 (-11.2%), from €314,577 to €279,397
- Cash +€25,816
up €25,816 (+94.3%), from €27,372 to €53,188
mainly Current portion of long-term debt (+€72,206) and Depreciation (+€35,180)
- Stocks and contracts -€9,227
down €9,227 (-60.9%), from €15,150 to €5,923
- Current portion of long-term debt +€72,206
up €72,206 (+341%), from €21,170 to €93,376
- Short-term financial debts -€35,000
down €35,000 (-35.0%), from €100,000 to €65,000
- Trade debts +€29,802
up €29,802 (+46.6%), from €63,913 to €93,715
- Debts after one year -€22,376
down €22,376 (-37.4%), from €59,811 to €37,435
- Other debts +€19,170
up €19,170 (+84.6%), from €22,659 to €41,829
- Gross operating margin +€46,086
up €46,086 (+47.2%), from €97,681 to €143,767
- Financial income -€19,206
down €19,206 (-99.8%), from €19,237 to €31
of which Non-recurring financial income: -€19,205
- Staff costs +€16,868
up €16,868 (+31.3%), from €53,919 to €70,787
- Financial charges +€5,137
up €5,137 (+32.3%), from €15,890 to €21,028
- Depreciation -€3,934
down €3,934 (-10.1%), from €39,115 to €35,180
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 | €496,868 | €558,298 | +€61,430 | +12.4% |
| Fixed assets | 21/28 | €314,612 | €279,432 | -€35,180 | -11.2% |
| Tangible fixed assets | 22/27 | €314,577 | €279,397 | -€35,180 | -11.2% |
| Land and buildings | 22 | €161,352 | €157,617 | -€3,734 | -2.3% |
| Plant, machinery and equipment | 23 | €31,030 | €15,202 | -€15,828 | -51.0% |
| Furniture and vehicles | 24 | €5,991 | €3,578 | -€2,413 | -40.3% |
| Leasing and similar rights | 25 | €116,204 | €102,999 | -€13,205 | -11.4% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €182,256 | €278,866 | +€96,610 | +53.0% |
| Stocks and contracts in progress | 3 | €15,150 | €5,923 | -€9,227 | -60.9% |
| Stocks | 30/36 | €15,150 | €5,923 | -€9,227 | -60.9% |
| Amounts receivable within one year | 40/41 | €135,107 | €215,713 | +€80,606 | +59.7% |
| Trade receivables | 40 | €118,510 | €196,985 | +€78,475 | +66.2% |
| Other amounts receivable | 41 | €16,597 | €18,728 | +€2,131 | +12.8% |
| Cash at bank and in hand | 54/58 | €27,372 | €53,188 | +€25,816 | +94.3% |
| Deferred charges and accrued income | 490/1 | €4,627 | €4,043 | -€584 | -12.6% |
| Total equity and liabilities | 10/49 | €496,868 | €558,298 | +€61,430 | +12.4% |
| Equity | 10/15 | €211,366 | €219,129 | +€7,763 | +3.7% |
| Contributions | 10/11 | €62,881 | €62,881 | = | 0.0% |
| Revaluation surpluses | 12 | €135,707 | €131,972 | -€3,734 | -2.8% |
| Reserves | 13 | €12,778 | €24,276 | +€11,498 | +90.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,767 | €2,767 | = | 0.0% |
| Distributable reserves | 133 | €10,012 | €21,510 | +€11,498 | +115% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €285,502 | €339,169 | +€53,667 | +18.8% |
| Amounts payable after more than one year | 17 | €59,811 | €37,435 | -€22,376 | -37.4% |
| Financial debts | 170/4 | €59,811 | €37,435 | -€22,376 | -37.4% |
| Amounts payable within one year | 42/48 | €223,638 | €299,246 | +€75,608 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €21,170 | €93,376 | +€72,206 | +341% |
| Financial debts | 43 | €100,000 | €65,000 | -€35,000 | -35.0% |
| Credit institutions | 430/8 | €100,000 | €65,000 | -€35,000 | -35.0% |
| Trade debts | 44 | €63,913 | €93,715 | +€29,802 | +46.6% |
| Suppliers | 440/4 | €63,913 | €93,715 | +€29,802 | +46.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €15,897 | €5,326 | -€10,570 | -66.5% |
| Taxes | 450/3 | €1,002 | €1,063 | +€61 | +6.1% |
| Remuneration and social security | 454/9 | €14,895 | €4,264 | -€10,631 | -71.4% |
| Other amounts payable | 47/48 | €22,659 | €41,829 | +€19,170 | +84.6% |
| Accrued charges and deferred income | 492/3 | €2,052 | €2,487 | +€435 | +21.2% |
| Remuneration, social security and pensions | 62 | €53,919 | €70,787 | +€16,868 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,115 | €35,180 | -€3,934 | -10.1% |
| Other operating charges | 640/8 | €6,331 | €7,374 | +€1,042 | +16.5% |
| Gross operating margin | 9900 | €97,681 | €143,767 | +€46,086 | +47.2% |
| Operating profit (loss) | 9901 | -€1,684 | €30,426 | +€32,110 | |
| Financial income | 75/76B | €19,237 | €31 | -€19,206 | -99.8% |
| Recurring financial income | 75 | €32 | €31 | -€2 | -4.9% |
| Non-recurring financial income | 76B | €19,205 | €0 | -€19,205 | -100% |
| Financial charges | 65/66B | €15,890 | €21,028 | +€5,137 | +32.3% |
| Recurring financial charges | 65 | €15,890 | €21,028 | +€5,137 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €1,663 | €9,429 | +€7,766 | +467% |
| Income taxes | 67/77 | €133 | €0 | -€133 | -100% |
| Profit (loss) for the period | 9904 | €1,530 | €9,429 | +€7,900 | +516% |
| Profit (loss) for the period to be appropriated | 9905 | €1,530 | €9,429 | +€7,900 | +516% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.