ASIENTO: 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.
ASIENTO
Largest movements
- Tangible fixed assets -€78,055
down €78,055 (-26.0%), from €299,702 to €221,647
of which Land and buildings: -€126,562
- Current investments -€65,000
down €65,000 (-46.3%), from €140,287 to €75,287
- Cash +€14,832
up €14,832 (+28.5%), from €52,018 to €66,850
mainly Current investments (+€65,000) and Investment in fixed assets (net) (+€60,170)
- Receivables within one year +€13,385
up €13,385 (+15.5%), from €86,337 to €99,722
of which Trade receivables: +€9,519
- Profit (loss) carried forward -€97,500
down €97,500 (-54.9%), from €177,543 to €80,043
- Other debts -€67,500
down €67,500 (-40.9%), from €165,000 to €97,500
- Reserves +€54,734
up €54,734 (+25.8%), from €212,548 to €267,281
- Staff costs -€7,473
down €7,473 (-46.3%), from €16,157 to €8,684
- Depreciation +€2,678
up €2,678 (+17.6%), from €15,207 to €17,885
- Taxes +€1,817
up €1,817 (+7.3%), from €24,867 to €26,684
- Financial income +€1,563
up €1,563 (+182%), from €861 to €2,424
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.
Derived cash bridge
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 | €578,344 | €464,383 | -€113,961 | -19.7% |
| Fixed assets | 21/28 | €299,702 | €221,647 | -€78,055 | -26.0% |
| Tangible fixed assets | 22/27 | €299,702 | €221,647 | -€78,055 | -26.0% |
| Land and buildings | 22 | €297,292 | €170,730 | -€126,562 | -42.6% |
| Furniture and vehicles | 24 | €2,410 | €50,917 | +€48,507 | +2,013% |
| Current assets | 29/58 | €278,642 | €242,736 | -€35,906 | -12.9% |
| Amounts receivable within one year | 40/41 | €86,337 | €99,722 | +€13,385 | +15.5% |
| Trade receivables | 40 | €83,344 | €92,862 | +€9,519 | +11.4% |
| Other amounts receivable | 41 | €2,994 | €6,860 | +€3,866 | +129% |
| Current investments | 50/53 | €140,287 | €75,287 | -€65,000 | -46.3% |
| Cash at bank and in hand | 54/58 | €52,018 | €66,850 | +€14,832 | +28.5% |
| Deferred charges and accrued income | 490/1 | - | €877 | +€877 | |
| Total equity and liabilities | 10/49 | €578,344 | €464,383 | -€113,961 | -19.7% |
| Equity | 10/15 | €396,291 | €353,524 | -€42,766 | -10.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €212,548 | €267,281 | +€54,734 | +25.8% |
| Distributable reserves | 133 | €212,548 | €267,281 | +€54,734 | +25.8% |
| Profit (loss) carried forward | 14 | €177,543 | €80,043 | -€97,500 | -54.9% |
| Amounts payable | 17/49 | €182,054 | €110,859 | -€71,195 | -39.1% |
| Amounts payable within one year | 42/48 | €181,934 | €110,859 | -€71,075 | -39.1% |
| Trade debts | 44 | €1,506 | €1,455 | -€52 | -3.4% |
| Suppliers | 440/4 | €1,506 | €1,455 | -€52 | -3.4% |
| Taxes, remuneration and social security | 45 | €15,428 | €11,904 | -€3,523 | -22.8% |
| Taxes | 450/3 | €13,518 | €11,904 | -€1,613 | -11.9% |
| Remuneration and social security | 454/9 | €1,910 | - | -€1,910 | |
| Other amounts payable | 47/48 | €165,000 | €97,500 | -€67,500 | -40.9% |
| Accrued charges and deferred income | 492/3 | €120 | - | -€120 | |
| Non-recurring operating income | 76A | - | €9,663 | +€9,663 | |
| Remuneration, social security and pensions | 62 | €16,157 | €8,684 | -€7,473 | -46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,207 | €17,885 | +€2,678 | +17.6% |
| Other operating charges | 640/8 | €2,922 | €2,031 | -€891 | -30.5% |
| Gross operating margin | 9900 | €107,367 | €107,707 | +€340 | +0.3% |
| Operating profit (loss) | 9901 | €73,081 | €79,106 | +€6,025 | +8.2% |
| Financial income | 75/76B | €861 | €2,424 | +€1,563 | +182% |
| Recurring financial income | 75 | €861 | €2,424 | +€1,563 | +182% |
| Financial charges | 65/66B | €89 | €113 | +€24 | +27.1% |
| Recurring financial charges | 65 | €89 | €113 | +€24 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €73,853 | €81,418 | +€7,565 | +10.2% |
| Income taxes | 67/77 | €24,867 | €26,684 | +€1,817 | +7.3% |
| Profit (loss) for the period | 9904 | €48,987 | €54,734 | +€5,747 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,987 | €54,734 | +€5,747 | +11.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.