ASIBES: 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.
ASIBES
Largest movements
- Cash -€24,347
down €24,347 (-25.4%), from €95,974 to €71,627
mainly Contributions, distributions and other (-€52,000) and Debts after one year (-€50,000)
- Intangible fixed assets -€11,000
down €11,000 (-80.0%), from €13,750 to €2,750
- Deferred charges and accrued income -€10,302
down €10,302 (-97.0%), from €10,620 to €318
- Receivables within one year +€5,993
up €5,993 (+56.1%), from €10,682 to €16,675
of which Trade receivables: +€3,493
- Debts after one year -€50,000
no longer reported in 2025 (was €50,000)
- Other debts +€9,311
up €9,311 (+18.0%), from €51,807 to €61,118
- Trade debts +€2,317
new in 2025: €2,317
- Gross operating margin +€8,754
up €8,754 (+12.6%), from €69,556 to €78,310
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 | €131,026 | €91,834 | -€39,192 | -29.9% |
| Fixed assets | 21/28 | €13,750 | €3,214 | -€10,536 | -76.6% |
| Intangible fixed assets | 21 | €13,750 | €2,750 | -€11,000 | -80.0% |
| Tangible fixed assets | 22/27 | - | €464 | +€464 | |
| Furniture and vehicles | 24 | - | €464 | +€464 | |
| Current assets | 29/58 | €117,276 | €88,620 | -€28,656 | -24.4% |
| Amounts receivable within one year | 40/41 | €10,682 | €16,675 | +€5,993 | +56.1% |
| Trade receivables | 40 | €10,682 | €14,175 | +€3,493 | +32.7% |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €95,974 | €71,627 | -€24,347 | -25.4% |
| Deferred charges and accrued income | 490/1 | €10,620 | €318 | -€10,302 | -97.0% |
| Total equity and liabilities | 10/49 | €131,026 | €91,834 | -€39,192 | -29.9% |
| Equity | 10/15 | €20,460 | €20,599 | +€139 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | - | €139 | +€139 | |
| Amounts payable | 17/49 | €110,566 | €71,235 | -€39,331 | -35.6% |
| Amounts payable after more than one year | 17 | €50,000 | - | -€50,000 | |
| Other amounts payable | 178/9 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €60,466 | €71,235 | +€10,769 | +17.8% |
| Trade debts | 44 | - | €2,317 | +€2,317 | |
| Suppliers | 440/4 | - | €2,317 | +€2,317 | |
| Taxes, remuneration and social security | 45 | €8,659 | €7,800 | -€859 | -9.9% |
| Taxes | 450/3 | €8,659 | €7,800 | -€859 | -9.9% |
| Other amounts payable | 47/48 | €51,807 | €61,118 | +€9,311 | +18.0% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,101 | €11,016 | -€85 | -0.8% |
| Other operating charges | 640/8 | €896 | €979 | +€83 | +9.3% |
| Gross operating margin | 9900 | €69,556 | €78,310 | +€8,754 | +12.6% |
| Operating profit (loss) | 9901 | €57,559 | €66,314 | +€8,755 | +15.2% |
| Financial charges | 65/66B | €209 | €176 | -€34 | -16.0% |
| Recurring financial charges | 65 | €209 | €176 | -€34 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €57,350 | €66,139 | +€8,789 | +15.3% |
| Income taxes | 67/77 | €13,341 | €14,000 | +€659 | +4.9% |
| Profit (loss) for the period | 9904 | €44,009 | €52,139 | +€8,130 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,009 | €52,139 | +€8,130 | +18.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.