ASIF BELGIUM: 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.
ASIF BELGIUM
Largest movements
- Stocks and contracts +€2,641
up €2,641 (+9.8%), from €26,976 to €29,617
- Receivables within one year -€1,425
down €1,425 (-68.1%), from €2,092 to €668
- Intangible fixed assets -€500
down €500 (-11.1%), from €4,500 to €4,000
- Profit (loss) carried forward +€4,610
up €4,610 (+50.0%), from -€9,223 to -€4,612
- Other debts -€2,879
down €2,879 (-10.2%), from €28,168 to €25,290
- Tax, wage and social debts -€1,578
down €1,578 (-19.7%), from €8,020 to €6,442
of which Remuneration and social security: -€1,578
- Trade debts +€372
up €372 (+165%), from €226 to €597
- Purchases and services -€36,382
down €36,382 (-54.6%), from €66,600 to €30,218
- Turnover -€36,346
down €36,346 (-46.7%), from €77,749 to €41,403
- Staff costs +€3,947
new in 2025: €3,947
- Other operating charges +€1,825
up €1,825 (+601%), from €303 to €2,128
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 | €34,191 | €34,717 | +€526 | +1.5% |
| Fixed assets | 21/28 | €4,591 | €4,091 | -€500 | -10.9% |
| Intangible fixed assets | 21 | €4,500 | €4,000 | -€500 | -11.1% |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €29,600 | €30,626 | +€1,026 | +3.5% |
| Stocks and contracts in progress | 3 | €26,976 | €29,617 | +€2,641 | +9.8% |
| Stocks | 30/36 | €26,976 | €29,617 | +€2,641 | +9.8% |
| Amounts receivable within one year | 40/41 | €2,092 | €668 | -€1,425 | -68.1% |
| Other amounts receivable | 41 | €2,092 | €668 | -€1,425 | -68.1% |
| Cash at bank and in hand | 54/58 | €532 | €342 | -€190 | -35.7% |
| Total equity and liabilities | 10/49 | €34,191 | €34,717 | +€526 | +1.5% |
| Equity | 10/15 | -€2,223 | €2,388 | +€4,610 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,223 | -€4,612 | +€4,610 | +50.0% |
| Amounts payable | 17/49 | €36,414 | €32,330 | -€4,084 | -11.2% |
| Amounts payable within one year | 42/48 | €36,414 | €32,330 | -€4,084 | -11.2% |
| Trade debts | 44 | €226 | €597 | +€372 | +165% |
| Suppliers | 440/4 | €226 | €597 | +€372 | +165% |
| Taxes, remuneration and social security | 45 | €8,020 | €6,442 | -€1,578 | -19.7% |
| Taxes | 450/3 | €100 | €100 | = | 0.0% |
| Remuneration and social security | 454/9 | €7,920 | €6,342 | -€1,578 | -19.9% |
| Other amounts payable | 47/48 | €28,168 | €25,290 | -€2,879 | -10.2% |
| Turnover | 70 | €77,749 | €41,403 | -€36,346 | -46.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,600 | €30,218 | -€36,382 | -54.6% |
| Remuneration, social security and pensions | 62 | - | €3,947 | +€3,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €303 | €2,128 | +€1,825 | +601% |
| Gross operating margin | 9900 | €11,150 | €11,185 | +€35 | +0.3% |
| Operating profit (loss) | 9901 | €10,346 | €4,610 | -€5,736 | -55.4% |
| Financial charges | 65/66B | €729 | - | -€729 | |
| Recurring financial charges | 65 | €729 | - | -€729 | |
| Profit (loss) for the period before taxes | 9903 | €9,617 | €4,610 | -€5,007 | -52.1% |
| Profit (loss) for the period | 9904 | €9,617 | €4,610 | -€5,007 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,617 | €4,610 | -€5,007 | -52.1% |
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 29 October 2026 via checked.be.