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ASHAB: what changed

Two fiscal 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.

What changed

ASHAB

BE 0800.397.478
NACE 43.120, Site preparation
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€9,025
2023 · €79,121-€88,145
Equity
€21,096
2023 · €30,121-€9,025
Cash
€2,282
2023 · €24,006-€21,723
Balance sheet total
€55,516
2023 · €111,537-€56,020

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€66,109

    down €66,109 (-94.3%), from €70,120 to €4,011

    of which Trade receivables: -€66,896

  • Tangible fixed assets +€31,600

    up €31,600 (+181.5%), from €17,411 to €49,011

    of which Furniture and vehicles: +€30,077

  • Cash -€21,723

    down €21,723 (-90.5%), from €24,006 to €2,282

    mainly Accrued charges and deferred income (-€72,659) and Investment in fixed assets (net) (-€48,000)

Equity and liabilities
  • Accrued charges and deferred income -€72,659

    no longer reported in 2024 (was €72,659)

  • Tax, wage and social debts +€24,287

    up €24,287 (+342.6%), from €7,088 to €31,376

    of which Taxes: +€24,107

  • Profit (loss) carried forward -€9,025

    new in 2024: -€9,025

  • Other debts +€2,654

    new in 2024: €2,654

  • Trade debts -€1,277

    down €1,277 (-76.6%), from €1,668 to €391

Income statement
  • Gross operating margin -€76,699

    down €76,699 (-84.5%), from €90,760 to €14,061

  • Depreciation +€13,392

    up €13,392 (+445.1%), from €3,008 to €16,400

  • Taxes -€7,521

    down €7,521, from €7,088 to -€433

  • Other operating charges +€2,675

    up €2,675 (+258.3%), from €1,036 to €3,711

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €79,121
Gross operating margin -€76,699
Depreciation -€13,392
Other operating charges -€2,675
Other operating items -€2,579
Financial income +€1
Financial charges -€322
Taxes +€7,521
Result 2024 -€9,025

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€26,277
Investment -€48,000
Financing €0
Cash 2023 €24,006
Net result for the year -€9,025
Depreciation +€16,400
Receivables within one year +€66,109
Deferred charges and accrued income -€212
Trade debts -€1,277
Tax, wage and social debts +€24,287
Other debts +€2,654
Accrued charges and deferred income -€72,659
Investment in fixed assets (net) -€48,000
Cash 2024 €2,282
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €111,537 €55,516 -€56,020 -50.2%
Fixed assets 21/28 €17,411 €49,011 +€31,600 +181.5%
Tangible fixed assets 22/27 €17,411 €49,011 +€31,600 +181.5%
Plant, machinery and equipment 23 €5,911 €7,434 +€1,523 +25.8%
Furniture and vehicles 24 €11,500 €41,577 +€30,077 +261.5%
Current assets 29/58 €94,125 €6,505 -€87,620 -93.1%
Amounts receivable within one year 40/41 €70,120 €4,011 -€66,109 -94.3%
Trade receivables 40 €66,896 - -€66,896
Other amounts receivable 41 €3,223 €4,011 +€788 +24.4%
Cash at bank and in hand 54/58 €24,006 €2,282 -€21,723 -90.5%
Deferred charges and accrued income 490/1 - €212 +€212
Total equity and liabilities 10/49 €111,537 €55,516 -€56,020 -50.2%
Equity 10/15 €30,121 €21,096 -€9,025 -30.0%
Contributions 10/11 €5,000 €5,000 = 0.0%
Capital 10 €5,000 - -€5,000
Issued capital 100 €5,000 - -€5,000
Reserves 13 €25,121 €25,121 = 0.0%
Distributable reserves 133 €25,121 €25,121 = 0.0%
Profit (loss) carried forward 14 - -€9,025 -€9,025
Amounts payable 17/49 €81,416 €34,420 -€46,996 -57.7%
Amounts payable within one year 42/48 €8,757 €34,420 +€25,664 +293.1%
Trade debts 44 €1,668 €391 -€1,277 -76.6%
Suppliers 440/4 €1,668 €391 -€1,277 -76.6%
Taxes, remuneration and social security 45 €7,088 €31,376 +€24,287 +342.6%
Taxes 450/3 €7,088 €31,196 +€24,107 +340.1%
Remuneration and social security 454/9 - €180 +€180
Other amounts payable 47/48 - €2,654 +€2,654
Accrued charges and deferred income 492/3 €72,659 - -€72,659
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,008 €16,400 +€13,392 +445.1%
Other operating charges 640/8 €1,036 €3,711 +€2,675 +258.3%
Non-recurring operating charges 66A - €2,579 +€2,579
Gross operating margin 9900 €90,760 €14,061 -€76,699 -84.5%
Operating profit (loss) 9901 €86,716 -€8,628 -€95,344
Financial income 75/76B €1 €1 +€1 +103.1%
Recurring financial income 75 €1 €1 +€1 +103.1%
Financial charges 65/66B €508 €830 +€322 +63.4%
Recurring financial charges 65 €508 €830 +€322 +63.4%
Profit (loss) for the period before taxes 9903 €86,209 -€9,457 -€95,666
Income taxes 67/77 €7,088 -€433 -€7,521
Profit (loss) for the period 9904 €79,121 -€9,025 -€88,145
Profit (loss) for the period to be appropriated 9905 €79,121 -€9,025 -€88,145

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.