ASIA GROUP: what changed
ASIA GROUP
Largest movements
- Stocks and contracts -€12,824
down €12,824 (-34.5%), from €37,127 to €24,303
- Receivables within one year -€7,131
down €7,131 (-97.1%), from €7,343 to €212
of which Other amounts receivable: -€6,938
- Current investments +€4,006
up €4,006 (+5,533%), from €72 to €4,079
- Financial fixed assets -€4,000
down €4,000 (-96.0%), from €4,168 to €168
- Cash -€1,616
down €1,616 (-27.0%), from €5,993 to €4,378
mainly Net result for the year (-€29,432) and Current investments (-€4,006)
- Profit (loss) carried forward -€29,432
down €29,432, from €23,029 to -€6,403
- Tax, wage and social debts +€7,381
up €7,381 (+310%), from €2,380 to €9,761
of which Remuneration and social security: +€7,272
- Gross operating margin -€31,150
down €31,150, from €19,257 to -€11,893
- Other operating charges +€4,165
up €4,165 (+108%), from €3,842 to €8,007
- Staff costs -€3,325
no longer reported in 2025 (was €3,325)
- Depreciation +€993
up €993 (+18.2%), from €5,470 to €6,463
- Financial charges -€868
down €868 (-22.6%), from €3,838 to €2,970
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 | €69,887 | €47,937 | -€21,950 | -31.4% |
| Fixed assets | 21/28 | €16,461 | €12,156 | -€4,305 | -26.2% |
| Tangible fixed assets | 22/27 | €12,294 | €11,989 | -€305 | -2.5% |
| Plant, machinery and equipment | 23 | €606 | €286 | -€320 | -52.8% |
| Furniture and vehicles | 24 | €10,375 | €10,786 | +€410 | +4.0% |
| Other tangible fixed assets | 26 | €1,312 | €917 | -€395 | -30.1% |
| Financial fixed assets | 28 | €4,168 | €168 | -€4,000 | -96.0% |
| Current assets | 29/58 | €53,426 | €35,781 | -€17,645 | -33.0% |
| Stocks and contracts in progress | 3 | €37,127 | €24,303 | -€12,824 | -34.5% |
| Stocks | 30/36 | €37,127 | €24,303 | -€12,824 | -34.5% |
| Amounts receivable within one year | 40/41 | €7,343 | €212 | -€7,131 | -97.1% |
| Trade receivables | 40 | €194 | - | -€194 | |
| Other amounts receivable | 41 | €7,150 | €212 | -€6,938 | -97.0% |
| Current investments | 50/53 | €72 | €4,079 | +€4,006 | +5,533% |
| Cash at bank and in hand | 54/58 | €5,993 | €4,378 | -€1,616 | -27.0% |
| Deferred charges and accrued income | 490/1 | €2,890 | €2,809 | -€81 | -2.8% |
| Total equity and liabilities | 10/49 | €69,887 | €47,937 | -€21,950 | -31.4% |
| Equity | 10/15 | €43,481 | €14,049 | -€29,432 | -67.7% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,029 | -€6,403 | -€29,432 | |
| Amounts payable | 17/49 | €26,407 | €33,888 | +€7,482 | +28.3% |
| Amounts payable within one year | 42/48 | €26,407 | €33,888 | +€7,482 | +28.3% |
| Trade debts | 44 | €23,638 | €23,906 | +€268 | +1.1% |
| Suppliers | 440/4 | €23,638 | €23,906 | +€268 | +1.1% |
| Taxes, remuneration and social security | 45 | €2,380 | €9,761 | +€7,381 | +310% |
| Taxes | 450/3 | €235 | €343 | +€108 | +46.2% |
| Remuneration and social security | 454/9 | €2,145 | €9,417 | +€7,272 | +339% |
| Other amounts payable | 47/48 | €389 | €222 | -€167 | -42.9% |
| Non-recurring operating income | 76A | €7,230 | - | -€7,230 | |
| Remuneration, social security and pensions | 62 | €3,325 | - | -€3,325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,470 | €6,463 | +€993 | +18.2% |
| Other operating charges | 640/8 | €3,842 | €8,007 | +€4,165 | +108% |
| Gross operating margin | 9900 | €19,257 | -€11,893 | -€31,150 | |
| Operating profit (loss) | 9901 | €6,622 | -€26,363 | -€32,984 | |
| Financial income | 75/76B | €19 | €48 | +€29 | +150% |
| Recurring financial income | 75 | €19 | €48 | +€29 | +150% |
| Financial charges | 65/66B | €3,838 | €2,970 | -€868 | -22.6% |
| Recurring financial charges | 65 | €3,838 | €2,970 | -€868 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €2,803 | -€29,285 | -€32,087 | |
| Income taxes | 67/77 | €175 | €147 | -€27 | -15.7% |
| Profit (loss) for the period | 9904 | €2,628 | -€29,432 | -€32,060 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,628 | -€29,432 | -€32,060 |
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 6 November 2026 via checked.be.