ASG - DESIGNS: 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.
ASG - DESIGNS
Largest movements
- Cash -€16,101
down €16,101 (-38.9%), from €41,339 to €25,239
mainly Other debts (-€29,502) and Debts after one year (-€9,854)
- Tangible fixed assets -€9,661
down €9,661 (-4.6%), from €209,293 to €199,632
of which Land and buildings: -€8,706
- Receivables within one year +€5,448
up €5,448 (+28.7%), from €18,962 to €24,410
- Other debts -€29,502
down €29,502 (-15.4%), from €191,279 to €161,777
- Profit (loss) carried forward +€21,540
up €21,540 (+86.0%), from -€25,048 to -€3,507
- Debts after one year -€9,854
down €9,854 (-15.3%), from €64,602 to €54,748
- Trade debts -€8,038
down €8,038 (-99.4%), from €8,085 to €46
- Tax, wage and social debts +€5,519
up €5,519 (+237%), from €2,330 to €7,849
- Gross operating margin -€7,109
down €7,109 (-16.7%), from €42,522 to €35,413
- Other operating charges +€1,215
up €1,215 (+185%), from €658 to €1,872
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 | €271,386 | €251,227 | -€20,159 | -7.4% |
| Fixed assets | 21/28 | €209,293 | €199,632 | -€9,661 | -4.6% |
| Tangible fixed assets | 22/27 | €209,293 | €199,632 | -€9,661 | -4.6% |
| Land and buildings | 22 | €207,263 | €198,557 | -€8,706 | -4.2% |
| Plant, machinery and equipment | 23 | €1,968 | €1,042 | -€926 | -47.0% |
| Furniture and vehicles | 24 | €62 | €32 | -€30 | -48.0% |
| Current assets | 29/58 | €62,093 | €51,595 | -€10,498 | -16.9% |
| Stocks and contracts in progress | 3 | €1,791 | €1,946 | +€155 | +8.7% |
| Stocks | 30/36 | €1,791 | €1,946 | +€155 | +8.7% |
| Amounts receivable within one year | 40/41 | €18,962 | €24,410 | +€5,448 | +28.7% |
| Trade receivables | 40 | €18,962 | €24,410 | +€5,448 | +28.7% |
| Cash at bank and in hand | 54/58 | €41,339 | €25,239 | -€16,101 | -38.9% |
| Total equity and liabilities | 10/49 | €271,386 | €251,227 | -€20,159 | -7.4% |
| Equity | 10/15 | -€4,588 | €16,953 | +€21,540 | |
| 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 | -€25,048 | -€3,507 | +€21,540 | +86.0% |
| Amounts payable | 17/49 | €275,974 | €234,275 | -€41,699 | -15.1% |
| Amounts payable after more than one year | 17 | €64,602 | €54,748 | -€9,854 | -15.3% |
| Financial debts | 170/4 | €64,602 | €54,748 | -€9,854 | -15.3% |
| Amounts payable within one year | 42/48 | €211,372 | €179,526 | -€31,846 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €9,678 | €9,854 | +€176 | +1.8% |
| Trade debts | 44 | €8,085 | €46 | -€8,038 | -99.4% |
| Suppliers | 440/4 | €8,085 | €46 | -€8,038 | -99.4% |
| Taxes, remuneration and social security | 45 | €2,330 | €7,849 | +€5,519 | +237% |
| Taxes | 450/3 | €2,330 | €7,849 | +€5,519 | +237% |
| Other amounts payable | 47/48 | €191,279 | €161,777 | -€29,502 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,813 | €9,661 | -€152 | -1.5% |
| Other operating charges | 640/8 | €658 | €1,872 | +€1,215 | +185% |
| Gross operating margin | 9900 | €42,522 | €35,413 | -€7,109 | -16.7% |
| Operating profit (loss) | 9901 | €32,052 | €23,880 | -€8,172 | -25.5% |
| Financial charges | 65/66B | €2,455 | €2,339 | -€115 | -4.7% |
| Recurring financial charges | 65 | €2,455 | €2,339 | -€115 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €29,597 | €21,540 | -€8,057 | -27.2% |
| Profit (loss) for the period | 9904 | €29,597 | €21,540 | -€8,057 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,597 | €21,540 | -€8,057 | -27.2% |
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 21 October 2026 via checked.be.