ASIG: 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.
ASIG
Largest movements
- Tangible fixed assets +€82,660
up €82,660 (+246.1%), from €33,588 to €116,249
of which Leasing and similar rights: +€88,545
- Cash +€54,706
up €54,706 (+6.7%), from €820,739 to €875,445
mainly Debts after one year (+€71,972) and Net result for the year (+€40,484)
- Debts after one year +€71,972
new in 2026: €71,972
- Reserves +€40,484
up €40,484 (+2.5%), from €1.6m to €1.6m
- Financial income -€1.0m
down €1.0m (-97.3%), from €1.0m to €27,782
of which Non-recurring financial income: -€1.0m
- Financial charges -€44,381
down €44,381 (-77.2%), from €57,510 to €13,128
- Depreciation +€12,215
up €12,215 (+207.6%), from €5,884 to €18,100
- Taxes +€6,399
up €6,399 (+379.4%), from €1,687 to €8,085
- Gross operating margin +€6,390
up €6,390 (+12.8%), from €49,806 to €56,195
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,855,011 | €1,989,695 | +€134,684 | +7.3% |
| Fixed assets | 21/28 | €1,026,424 | €1,109,084 | +€82,660 | +8.1% |
| Tangible fixed assets | 22/27 | €33,588 | €116,249 | +€82,660 | +246.1% |
| Plant, machinery and equipment | 23 | €4,333 | €2,880 | -€1,453 | -33.5% |
| Furniture and vehicles | 24 | €13,929 | €11,820 | -€2,109 | -15.1% |
| Leasing and similar rights | 25 | - | €88,545 | +€88,545 | |
| Other tangible fixed assets | 26 | €15,327 | €13,004 | -€2,323 | -15.2% |
| Financial fixed assets | 28 | €992,836 | €992,836 | = | 0.0% |
| Current assets | 29/58 | €828,587 | €880,610 | +€52,023 | +6.3% |
| Amounts receivable within one year | 40/41 | €5 | €5 | = | 0.0% |
| Other amounts receivable | 41 | €5 | €5 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €820,739 | €875,445 | +€54,706 | +6.7% |
| Deferred charges and accrued income | 490/1 | €7,844 | €5,161 | -€2,683 | -34.2% |
| Total equity and liabilities | 10/49 | €1,855,011 | €1,989,695 | +€134,684 | +7.3% |
| Equity | 10/15 | €1,842,745 | €1,883,229 | +€40,484 | +2.2% |
| Contributions | 10/11 | €245,000 | €245,000 | = | 0.0% |
| Reserves | 13 | €1,597,745 | €1,638,229 | +€40,484 | +2.5% |
| Distributable reserves | 133 | €1,597,745 | €1,638,229 | +€40,484 | +2.5% |
| Amounts payable | 17/49 | €12,266 | €106,466 | +€94,200 | +768.0% |
| Amounts payable after more than one year | 17 | - | €71,972 | +€71,972 | |
| Financial debts | 170/4 | - | €71,972 | +€71,972 | |
| Amounts payable within one year | 42/48 | €11,943 | €34,151 | +€22,207 | +185.9% |
| Current portion of amounts payable after more than one year | 42 | - | €17,734 | +€17,734 | |
| Trade debts | 44 | €1,531 | €1,894 | +€363 | +23.7% |
| Suppliers | 440/4 | €1,531 | €1,894 | +€363 | +23.7% |
| Taxes, remuneration and social security | 45 | €9,060 | €13,098 | +€4,038 | +44.6% |
| Taxes | 450/3 | €9,060 | €13,098 | +€4,038 | +44.6% |
| Other amounts payable | 47/48 | €1,352 | €1,425 | +€73 | +5.4% |
| Accrued charges and deferred income | 492/3 | €323 | €344 | +€21 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,884 | €18,100 | +€12,215 | +207.6% |
| Other operating charges | 640/8 | €4,274 | €4,179 | -€94 | -2.2% |
| Gross operating margin | 9900 | €49,806 | €56,195 | +€6,390 | +12.8% |
| Operating profit (loss) | 9901 | €39,647 | €33,916 | -€5,731 | -14.5% |
| Financial income | 75/76B | €1,048,061 | €27,782 | -€1.0m | -97.3% |
| Recurring financial income | 75 | €2,023 | €27,782 | +€25,759 | +1273.4% |
| Non-recurring financial income | 76B | €1,046,038 | €0 | -€1.0m | -100.0% |
| Financial charges | 65/66B | €57,510 | €13,128 | -€44,381 | -77.2% |
| Recurring financial charges | 65 | €57,510 | €13,128 | -€44,381 | -77.2% |
| Profit (loss) for the period before taxes | 9903 | €1,030,198 | €48,569 | -€981,629 | -95.3% |
| Income taxes | 67/77 | €1,687 | €8,085 | +€6,399 | +379.4% |
| Profit (loss) for the period | 9904 | €1,028,512 | €40,484 | -€988,028 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,028,512 | €40,484 | -€988,028 | -96.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.