ASGC.BE: 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.
ASGC.BE
Largest movements
- Current investments -€17,489
down €17,489 (-32.1%), from €54,521 to €37,031
- Cash -€4,842
down €4,842 (-66.9%), from €7,240 to €2,398
mainly Other debts (-€21,100) and Trade debts (-€6,383)
- Receivables within one year +€3,397
up €3,397 (+80.1%), from €4,243 to €7,640
of which Trade receivables: +€3,555
- Tangible fixed assets -€1,414
down €1,414 (-36.1%), from €3,918 to €2,504
of which Furniture and vehicles: -€1,269
- Other debts -€21,100
down €21,100 (-84.0%), from €25,112 to €4,013
- Profit (loss) carried forward +€9,048
up €9,048 (+45.1%), from €20,072 to €29,120
- Trade debts -€6,383
down €6,383 (-66.9%), from €9,546 to €3,163
- Reserves -€3,045
down €3,045 (-81.3%), from €3,745 to €700
of which Distributable reserves: -€3,045
- Tax, wage and social debts +€1,131
up €1,131 (+25.4%), from €4,447 to €5,578
- Gross operating margin +€15,890
up €15,890, from -€6,173 to €9,717
- Financial income +€7,108
up €7,108 (+587,399%), from €1 to €7,109
- Taxes +€3,818
up €3,818 (+1,579%), from €242 to €4,060
- Other operating charges -€198
down €198 (-23.8%), from €832 to €633
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 | €69,922 | €49,574 | -€20,348 | -29.1% |
| Fixed assets | 21/28 | €3,918 | €2,504 | -€1,414 | -36.1% |
| Tangible fixed assets | 22/27 | €3,918 | €2,504 | -€1,414 | -36.1% |
| Plant, machinery and equipment | 23 | €578 | €434 | -€145 | -25.0% |
| Furniture and vehicles | 24 | €3,339 | €2,070 | -€1,269 | -38.0% |
| Current assets | 29/58 | €66,004 | €47,069 | -€18,935 | -28.7% |
| Amounts receivable within one year | 40/41 | €4,243 | €7,640 | +€3,397 | +80.1% |
| Trade receivables | 40 | €4,077 | €7,632 | +€3,555 | +87.2% |
| Other amounts receivable | 41 | €166 | €9 | -€157 | -94.9% |
| Current investments | 50/53 | €54,521 | €37,031 | -€17,489 | -32.1% |
| Cash at bank and in hand | 54/58 | €7,240 | €2,398 | -€4,842 | -66.9% |
| Total equity and liabilities | 10/49 | €69,922 | €49,574 | -€20,348 | -29.1% |
| Equity | 10/15 | €30,816 | €36,820 | +€6,003 | +19.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €3,745 | €700 | -€3,045 | -81.3% |
| Non-distributable reserves | 130/1 | €700 | €700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €700 | €700 | = | 0.0% |
| Distributable reserves | 133 | €3,045 | - | -€3,045 | |
| Profit (loss) carried forward | 14 | €20,072 | €29,120 | +€9,048 | +45.1% |
| Amounts payable | 17/49 | €39,105 | €12,754 | -€26,352 | -67.4% |
| Amounts payable within one year | 42/48 | €39,105 | €12,754 | -€26,352 | -67.4% |
| Trade debts | 44 | €9,546 | €3,163 | -€6,383 | -66.9% |
| Suppliers | 440/4 | €9,546 | €3,163 | -€6,383 | -66.9% |
| Taxes, remuneration and social security | 45 | €4,447 | €5,578 | +€1,131 | +25.4% |
| Taxes | 450/3 | €4,447 | €5,578 | +€1,131 | +25.4% |
| Other amounts payable | 47/48 | €25,112 | €4,013 | -€21,100 | -84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,414 | €1,414 | = | 0.0% |
| Other operating charges | 640/8 | €832 | €633 | -€198 | -23.8% |
| Gross operating margin | 9900 | -€6,173 | €9,717 | +€15,890 | |
| Operating profit (loss) | 9901 | -€8,418 | €7,670 | +€16,088 | |
| Financial income | 75/76B | €1 | €7,109 | +€7,108 | +587,399% |
| Recurring financial income | 75 | €1 | €7,109 | +€7,108 | +587,399% |
| Financial charges | 65/66B | €70 | €70 | +€0 | +0.4% |
| Recurring financial charges | 65 | €70 | €70 | +€0 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,487 | €14,708 | +€23,195 | |
| Income taxes | 67/77 | €242 | €4,060 | +€3,818 | +1,579% |
| Profit (loss) for the period | 9904 | -€8,728 | €10,648 | +€19,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,728 | €10,648 | +€19,377 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.