ASHKAN: 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.
ASHKAN
Largest movements
- Tangible fixed assets -€27,228
down €27,228 (-44.4%), from €61,384 to €34,156
of which Furniture and vehicles: -€20,299
- Receivables within one year +€10,404
up €10,404 (+45.7%), from €22,781 to €33,185
of which Other amounts receivable: +€6,562
- Profit (loss) carried forward -€12,801
down €12,801 (-56.7%), from €22,589 to €9,788
- Tax, wage and social debts -€6,119
down €6,119 (-63.8%), from €9,595 to €3,475
- Trade debts +€5,526
up €5,526 (+806.5%), from €685 to €6,212
- Current portion of long-term debt -€2,507
down €2,507 (-11.6%), from €21,558 to €19,051
- Debts after one year -€1,264
down €1,264 (-9.4%), from €13,389 to €12,125
- Gross operating margin -€31,938
down €31,938 (-20.6%), from €155,224 to €123,286
- Other operating charges -€4,628
down €4,628 (-41.4%), from €11,176 to €6,548
- Taxes -€2,605
down €2,605 (-61.9%), from €4,206 to €1,601
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.
Cash bridge derived
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 | €92,816 | €75,652 | -€17,165 | -18.5% |
| Fixed assets | 21/28 | €61,384 | €34,156 | -€27,228 | -44.4% |
| Tangible fixed assets | 22/27 | €61,384 | €34,156 | -€27,228 | -44.4% |
| Furniture and vehicles | 24 | €40,599 | €20,299 | -€20,299 | -50.0% |
| Leasing and similar rights | 25 | €20,785 | €13,856 | -€6,928 | -33.3% |
| Current assets | 29/58 | €31,433 | €41,496 | +€10,063 | +32.0% |
| Amounts receivable within one year | 40/41 | €22,781 | €33,185 | +€10,404 | +45.7% |
| Trade receivables | 40 | €3,120 | €6,962 | +€3,842 | +123.2% |
| Other amounts receivable | 41 | €19,662 | €26,223 | +€6,562 | +33.4% |
| Cash at bank and in hand | 54/58 | €8,652 | €8,310 | -€341 | -3.9% |
| Total equity and liabilities | 10/49 | €92,816 | €75,652 | -€17,165 | -18.5% |
| Equity | 10/15 | €47,589 | €34,788 | -€12,801 | -26.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,589 | €9,788 | -€12,801 | -56.7% |
| Amounts payable | 17/49 | €45,227 | €40,863 | -€4,364 | -9.6% |
| Amounts payable after more than one year | 17 | €13,389 | €12,125 | -€1,264 | -9.4% |
| Financial debts | 170/4 | €13,389 | €12,125 | -€1,264 | -9.4% |
| Amounts payable within one year | 42/48 | €31,838 | €28,738 | -€3,100 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €21,558 | €19,051 | -€2,507 | -11.6% |
| Trade debts | 44 | €685 | €6,212 | +€5,526 | +806.5% |
| Suppliers | 440/4 | €685 | €6,212 | +€5,526 | +806.5% |
| Taxes, remuneration and social security | 45 | €9,595 | €3,475 | -€6,119 | -63.8% |
| Taxes | 450/3 | €9,595 | €3,475 | -€6,119 | -63.8% |
| Remuneration, social security and pensions | 62 | €100,109 | €99,698 | -€411 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,739 | €27,228 | -€512 | -1.8% |
| Other operating charges | 640/8 | €11,176 | €6,548 | -€4,628 | -41.4% |
| Gross operating margin | 9900 | €155,224 | €123,286 | -€31,938 | -20.6% |
| Operating profit (loss) | 9901 | €16,200 | -€10,188 | -€26,388 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,978 | €1,012 | -€967 | -48.9% |
| Recurring financial charges | 65 | €1,978 | €1,012 | -€967 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €14,222 | -€11,199 | -€25,421 | |
| Income taxes | 67/77 | €4,206 | €1,601 | -€2,605 | -61.9% |
| Profit (loss) for the period | 9904 | €10,016 | -€12,801 | -€22,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,016 | -€12,801 | -€22,817 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.