ASI ELECTRIC: 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.
ASI ELECTRIC
Largest movements
- Receivables within one year +€13,000
up €13,000 (+133%), from €9,774 to €22,774
of which Trade receivables: +€15,822
- Tangible fixed assets -€4,732
down €4,732 (-54.4%), from €8,700 to €3,968
of which Furniture and vehicles: -€8,700
- Cash +€879
up €879 (+18.8%), from €4,678 to €5,557
mainly Advances received (+€7,772) and Investment in fixed assets (net) (+€4,020)
- Advances received +€7,772
new in 2024: €7,772
- Trade debts +€2,452
up €2,452 (+103%), from €2,384 to €4,835
- Profit (loss) carried forward -€1,115
down €1,115 (-8.6%), from €12,930 to €11,815
- Gross operating margin -€9,209
down €9,209 (-53.1%), from €17,333 to €8,125
- Purchases and services +€7,037
up €7,037 (+33.8%), from €20,811 to €27,848
- Taxes -€3,232
no longer reported in 2024 (was €3,232)
- Depreciation -€273
down €273 (-27.7%), from €985 to €712
- Other operating charges -€184
no longer reported in 2024 (was €184)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,546 | €32,655 | +€9,109 | +38.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €8,700 | €3,968 | -€4,732 | -54.4% |
| Tangible fixed assets | 22/27 | €8,700 | €3,968 | -€4,732 | -54.4% |
| Plant, machinery and equipment | 23 | - | €3,968 | +€3,968 | |
| Furniture and vehicles | 24 | €8,700 | €0 | -€8,700 | -100% |
| Current assets | 29/58 | €14,846 | €28,687 | +€13,841 | +93.2% |
| Amounts receivable within one year | 40/41 | €9,774 | €22,774 | +€13,000 | +133% |
| Trade receivables | 40 | €1,259 | €17,080 | +€15,822 | +1,257% |
| Other amounts receivable | 41 | €8,516 | €5,693 | -€2,822 | -33.1% |
| Cash at bank and in hand | 54/58 | €4,678 | €5,557 | +€879 | +18.8% |
| Deferred charges and accrued income | 490/1 | €394 | €356 | -€38 | -9.6% |
| Total equity and liabilities | 10/49 | €23,546 | €32,655 | +€9,109 | +38.7% |
| Equity | 10/15 | €17,930 | €16,815 | -€1,115 | -6.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,930 | €11,815 | -€1,115 | -8.6% |
| Amounts payable | 17/49 | €5,616 | €15,840 | +€10,224 | +182% |
| Amounts payable within one year | 42/48 | €5,616 | €15,840 | +€10,224 | +182% |
| Trade debts | 44 | €2,384 | €4,835 | +€2,452 | +103% |
| Suppliers | 440/4 | €2,384 | €4,835 | +€2,452 | +103% |
| Advances received on contracts in progress | 46 | - | €7,772 | +€7,772 | |
| Taxes, remuneration and social security | 45 | €3,232 | €3,232 | = | 0.0% |
| Taxes | 450/3 | €3,232 | €3,232 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,811 | €27,848 | +€7,037 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985 | €712 | -€273 | -27.7% |
| Other operating charges | 640/8 | €184 | - | -€184 | |
| Non-recurring operating charges | 66A | - | €8,500 | +€8,500 | |
| Gross operating margin | 9900 | €17,333 | €8,125 | -€9,209 | -53.1% |
| Operating profit (loss) | 9901 | €16,164 | -€1,087 | -€17,252 | |
| Financial charges | 65/66B | €2 | €28 | +€26 | +1,436% |
| Recurring financial charges | 65 | €2 | €28 | +€26 | +1,436% |
| Profit (loss) for the period before taxes | 9903 | €16,162 | -€1,115 | -€17,278 | |
| Income taxes | 67/77 | €3,232 | - | -€3,232 | |
| Profit (loss) for the period | 9904 | €12,930 | -€1,115 | -€14,045 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,930 | -€1,115 | -€14,045 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.