ASICO: 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.
ASICO
Largest movements
- Stocks and contracts -€10,335
down €10,335 (-49.6%), from €20,835 to €10,500
of which Stocks: -€10,335
- Receivables within one year +€9,182
up €9,182 (+146.9%), from €6,249 to €15,432
of which Trade receivables: +€7,508
- Tangible fixed assets -€9,105
down €9,105 (-53.1%), from €17,158 to €8,053
of which Other tangible fixed assets: -€6,065
- Profit (loss) carried forward -€19,694
down €19,694 (-171.2%), from -€11,501 to -€31,194
- Financial income -€3,943
down €3,943 (-81.4%), from €4,841 to €898
- Gross operating margin -€3,451
down €3,451 (-12.2%), from €28,374 to €24,923
- Depreciation +€427
up €427 (+4.1%), from €10,496 to €10,923
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 | €892,054 | €874,176 | -€17,878 | -2.0% |
| Fixed assets | 21/28 | €18,123 | €9,018 | -€9,105 | -50.2% |
| Tangible fixed assets | 22/27 | €17,158 | €8,053 | -€9,105 | -53.1% |
| Plant, machinery and equipment | 23 | €6,267 | €4,012 | -€2,255 | -36.0% |
| Furniture and vehicles | 24 | €2,300 | €1,514 | -€786 | -34.2% |
| Other tangible fixed assets | 26 | €8,591 | €2,526 | -€6,065 | -70.6% |
| Financial fixed assets | 28 | €965 | €965 | = | 0.0% |
| Current assets | 29/58 | €873,931 | €865,158 | -€8,772 | -1.0% |
| Stocks and contracts in progress | 3 | €20,835 | €10,500 | -€10,335 | -49.6% |
| Stocks | 30/36 | €20,835 | €10,500 | -€10,335 | -49.6% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €6,249 | €15,432 | +€9,182 | +146.9% |
| Trade receivables | 40 | €3,786 | €11,294 | +€7,508 | +198.3% |
| Other amounts receivable | 41 | €2,463 | €4,138 | +€1,674 | +68.0% |
| Current investments | 50/53 | €249,172 | €249,172 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €591,613 | €584,822 | -€6,791 | -1.1% |
| Deferred charges and accrued income | 490/1 | €6,061 | €5,233 | -€828 | -13.7% |
| Total equity and liabilities | 10/49 | €892,054 | €874,176 | -€17,878 | -2.0% |
| Equity | 10/15 | €883,789 | €864,095 | -€19,694 | -2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €833,290 | €833,290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,330 | €8,330 | = | 0.0% |
| Legal reserve | 130 | €8,330 | €8,330 | = | 0.0% |
| Distributable reserves | 133 | €824,960 | €824,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,501 | -€31,194 | -€19,694 | -171.2% |
| Amounts payable | 17/49 | €8,265 | €10,081 | +€1,816 | +22.0% |
| Amounts payable within one year | 42/48 | €8,105 | €10,081 | +€1,976 | +24.4% |
| Trade debts | 44 | €3,699 | €4,705 | +€1,005 | +27.2% |
| Suppliers | 440/4 | €3,699 | €4,705 | +€1,005 | +27.2% |
| Taxes, remuneration and social security | 45 | €4,011 | €4,082 | +€71 | +1.8% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,011 | €4,082 | +€71 | +1.8% |
| Other amounts payable | 47/48 | €395 | €1,294 | +€899 | +227.7% |
| Accrued charges and deferred income | 492/3 | €160 | €0 | -€160 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €30,419 | €30,553 | +€134 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,496 | €10,923 | +€427 | +4.1% |
| Other operating charges | 640/8 | €2,767 | €2,761 | -€6 | -0.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €28,374 | €24,923 | -€3,451 | -12.2% |
| Operating profit (loss) | 9901 | -€15,307 | -€19,314 | -€4,007 | -26.2% |
| Financial income | 75/76B | €4,841 | €898 | -€3,943 | -81.4% |
| Recurring financial income | 75 | €4,841 | €898 | -€3,943 | -81.4% |
| Financial charges | 65/66B | €1,035 | €1,278 | +€243 | +23.5% |
| Recurring financial charges | 65 | €1,035 | €1,278 | +€243 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,501 | -€19,694 | -€8,193 | -71.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€11,501 | -€19,694 | -€8,193 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,501 | -€19,694 | -€8,193 | -71.2% |
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 8 October 2026 via checked.be.