Ashra: 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.
Ashra
Largest movements
- Cash -€10,886
down €10,886 (-40.0%), from €27,238 to €16,352
mainly Other debts (-€20,078) and Investment in fixed assets (net) (-€10,331)
- Tangible fixed assets +€3,301
up €3,301 (+9.2%), from €36,000 to €39,301
- Deferred charges and accrued income -€1,807
down €1,807 (-52.5%), from €3,441 to €1,633
- Reserves +€20,464
new in 2025: €20,464
- Other debts -€20,078
down €20,078 (-41.2%), from €48,699 to €28,621
- Tax, wage and social debts -€9,869
down €9,869 (-68.9%), from €14,320 to €4,450
- Other operating charges +€4,938
up €4,938 (+338.6%), from €1,458 to €6,396
- Depreciation +€3,490
up €3,490 (+98.6%), from €3,541 to €7,030
- Gross operating margin +€3,445
up €3,445 (+8.9%), from €38,771 to €42,216
- Financial charges -€1,722
down €1,722 (-93.2%), from €1,847 to €125
- Taxes +€1,439
up €1,439 (+21.3%), from €6,763 to €8,202
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 | €66,679 | €57,585 | -€9,094 | -13.6% |
| Fixed assets | 21/28 | €36,000 | €39,301 | +€3,301 | +9.2% |
| Tangible fixed assets | 22/27 | €36,000 | €39,301 | +€3,301 | +9.2% |
| Furniture and vehicles | 24 | €36,000 | €39,301 | +€3,301 | +9.2% |
| Current assets | 29/58 | €30,679 | €18,284 | -€12,395 | -40.4% |
| Amounts receivable within one year | 40/41 | - | €298 | +€298 | |
| Other amounts receivable | 41 | - | €298 | +€298 | |
| Cash at bank and in hand | 54/58 | €27,238 | €16,352 | -€10,886 | -40.0% |
| Deferred charges and accrued income | 490/1 | €3,441 | €1,633 | -€1,807 | -52.5% |
| Total equity and liabilities | 10/49 | €66,679 | €57,585 | -€9,094 | -13.6% |
| Equity | 10/15 | €3,600 | €24,063 | +€20,464 | +568.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €20,464 | +€20,464 | |
| Distributable reserves | 133 | - | €20,464 | +€20,464 | |
| Profit (loss) carried forward | 14 | €1,100 | €1,100 | = | 0.0% |
| Amounts payable | 17/49 | €63,079 | €33,521 | -€29,558 | -46.9% |
| Amounts payable within one year | 42/48 | €63,057 | €33,521 | -€29,536 | -46.8% |
| Trade debts | 44 | €38 | €450 | +€412 | +1091.5% |
| Suppliers | 440/4 | €38 | €450 | +€412 | +1091.5% |
| Taxes, remuneration and social security | 45 | €14,320 | €4,450 | -€9,869 | -68.9% |
| Taxes | 450/3 | €14,320 | €4,450 | -€9,869 | -68.9% |
| Other amounts payable | 47/48 | €48,699 | €28,621 | -€20,078 | -41.2% |
| Accrued charges and deferred income | 492/3 | €22 | €0 | -€22 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,541 | €7,030 | +€3,490 | +98.6% |
| Other operating charges | 640/8 | €1,458 | €6,396 | +€4,938 | +338.6% |
| Gross operating margin | 9900 | €38,771 | €42,216 | +€3,445 | +8.9% |
| Operating profit (loss) | 9901 | €33,772 | €28,790 | -€4,982 | -14.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,847 | €125 | -€1,722 | -93.2% |
| Recurring financial charges | 65 | €1,847 | €125 | -€1,722 | -93.2% |
| Profit (loss) for the period before taxes | 9903 | €31,926 | €28,665 | -€3,260 | -10.2% |
| Income taxes | 67/77 | €6,763 | €8,202 | +€1,439 | +21.3% |
| Profit (loss) for the period | 9904 | €25,163 | €20,464 | -€4,699 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,163 | €20,464 | -€4,699 | -18.7% |
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 2 October 2026 via checked.be.