AshbiRd: what changed
AshbiRd
Largest movements
- Cash +€29,858
up €29,858 (+68.5%), from €43,612 to €73,470
mainly Net result for the year (+€34,261) and Receivables within one year (+€23,069)
- Receivables within one year -€23,069
down €23,069 (-54.4%), from €42,375 to €19,306
of which Trade receivables: -€13,547
- Tangible fixed assets -€10,274
down €10,274 (-42.2%), from €24,322 to €14,048
- Profit (loss) carried forward +€22,261
up €22,261 (+80.8%), from €27,548 to €49,809
- Other debts -€18,000
down €18,000 (-60.0%), from €30,000 to €12,000
- Debts after one year -€5,465
down €5,465 (-28.1%), from €19,461 to €13,997
- Tax, wage and social debts -€2,834
down €2,834 (-10.2%), from €27,871 to €25,037
of which Taxes: -€6,161
- Gross operating margin -€26,554
down €26,554 (-32.0%), from €82,939 to €56,386
- Taxes -€5,901
down €5,901 (-36.9%), from €16,001 to €10,100
- Depreciation +€2,677
up €2,677 (+34.2%), from €7,824 to €10,501
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,310 | €106,825 | -€3,485 | -3.2% |
| Fixed assets | 21/28 | €24,322 | €14,048 | -€10,274 | -42.2% |
| Tangible fixed assets | 22/27 | €24,322 | €14,048 | -€10,274 | -42.2% |
| Furniture and vehicles | 24 | €24,322 | €14,048 | -€10,274 | -42.2% |
| Current assets | 29/58 | €85,988 | €92,776 | +€6,789 | +7.9% |
| Amounts receivable within one year | 40/41 | €42,375 | €19,306 | -€23,069 | -54.4% |
| Trade receivables | 40 | €19,961 | €6,414 | -€13,547 | -67.9% |
| Other amounts receivable | 41 | €22,414 | €12,892 | -€9,522 | -42.5% |
| Cash at bank and in hand | 54/58 | €43,612 | €73,470 | +€29,858 | +68.5% |
| Total equity and liabilities | 10/49 | €110,310 | €106,825 | -€3,485 | -3.2% |
| Equity | 10/15 | €27,548 | €49,809 | +€22,261 | +80.8% |
| Profit (loss) carried forward | 14 | €27,548 | €49,809 | +€22,261 | +80.8% |
| Amounts payable | 17/49 | €82,762 | €57,016 | -€25,746 | -31.1% |
| Amounts payable after more than one year | 17 | €19,461 | €13,997 | -€5,465 | -28.1% |
| Financial debts | 170/4 | €19,461 | €13,997 | -€5,465 | -28.1% |
| Amounts payable within one year | 42/48 | €63,301 | €43,019 | -€20,281 | -32.0% |
| Current portion of amounts payable after more than one year | 42 | €5,156 | €5,465 | +€309 | +6.0% |
| Trade debts | 44 | €274 | €518 | +€244 | +89.1% |
| Suppliers | 440/4 | €274 | €518 | +€244 | +89.1% |
| Taxes, remuneration and social security | 45 | €27,871 | €25,037 | -€2,834 | -10.2% |
| Taxes | 450/3 | €27,871 | €21,710 | -€6,161 | -22.1% |
| Remuneration and social security | 454/9 | - | €3,326 | +€3,326 | |
| Other amounts payable | 47/48 | €30,000 | €12,000 | -€18,000 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,824 | €10,501 | +€2,677 | +34.2% |
| Other operating charges | 640/8 | €1,020 | €780 | -€239 | -23.5% |
| Gross operating margin | 9900 | €82,939 | €56,386 | -€26,554 | -32.0% |
| Operating profit (loss) | 9901 | €74,096 | €45,105 | -€28,991 | -39.1% |
| Financial income | 75/76B | €606 | €755 | +€148 | +24.4% |
| Recurring financial income | 75 | €606 | €755 | +€148 | +24.4% |
| Financial charges | 65/66B | €1,154 | €1,499 | +€345 | +29.9% |
| Recurring financial charges | 65 | €1,154 | €1,499 | +€345 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €73,548 | €44,361 | -€29,188 | -39.7% |
| Income taxes | 67/77 | €16,001 | €10,100 | -€5,901 | -36.9% |
| Profit (loss) for the period | 9904 | €57,548 | €34,261 | -€23,287 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,548 | €34,261 | -€23,287 | -40.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.