ASIL: 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.
ASIL
Largest movements
- Financial fixed assets +€550,000
up €550,000 (+110,000%), from €500 to €550,500
- Receivables within one year -€300,652
down €300,652 (-56.0%), from €537,108 to €236,455
of which Other amounts receivable: -€339,418
- Receivables after one year +€287,803
up €287,803 (+102%), from €281,911 to €569,714
- Cash +€22,202
up €22,202 (+91.6%), from €24,250 to €46,451
mainly Accrued charges and deferred income (+€336,852) and Receivables within one year (+€300,652)
- Accrued charges and deferred income +€336,852
up €336,852 (+171%), from €197,413 to €534,265
- Other debts +€235,266
new in 2025: €235,266
- Trade debts -€141,039
down €141,039 (-67.8%), from €208,011 to €66,972
- Reserves +€91,050
up €91,050 (+27.4%), from €332,586 to €423,636
of which Distributable reserves: +€91,050
- Tax, wage and social debts +€28,377
up €28,377 (+26.8%), from €105,890 to €134,267
of which Taxes: +€28,184
- Gross operating margin +€36,497
up €36,497 (+18.2%), from €200,533 to €237,031
- Taxes +€12,230
up €12,230 (+40.8%), from €29,990 to €42,220
- Staff costs +€10,267
up €10,267 (+16.7%), from €61,472 to €71,739
- Other operating charges -€5,527
down €5,527 (-20.0%), from €27,622 to €22,095
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 | €866,446 | €1,413,006 | +€546,560 | +63.1% |
| Fixed assets | 21/28 | €3,654 | €552,194 | +€548,540 | +15,014% |
| Tangible fixed assets | 22/27 | €3,154 | €1,694 | -€1,460 | -46.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,154 | €1,694 | -€1,460 | -46.3% |
| Financial fixed assets | 28 | €500 | €550,500 | +€550,000 | +110,000% |
| Current assets | 29/58 | €862,793 | €860,812 | -€1,980 | -0.2% |
| Amounts receivable after more than one year | 29 | €281,911 | €569,714 | +€287,803 | +102% |
| Other amounts receivable | 291 | €281,911 | €569,714 | +€287,803 | +102% |
| Amounts receivable within one year | 40/41 | €537,108 | €236,455 | -€300,652 | -56.0% |
| Trade receivables | 40 | €195,454 | €234,219 | +€38,765 | +19.8% |
| Other amounts receivable | 41 | €341,654 | €2,236 | -€339,418 | -99.3% |
| Cash at bank and in hand | 54/58 | €24,250 | €46,451 | +€22,202 | +91.6% |
| Deferred charges and accrued income | 490/1 | €19,525 | €8,192 | -€11,333 | -58.0% |
| Total equity and liabilities | 10/49 | €866,446 | €1,413,006 | +€546,560 | +63.1% |
| Equity | 10/15 | €351,186 | €442,236 | +€91,050 | +25.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €332,586 | €423,636 | +€91,050 | +27.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €330,726 | €421,776 | +€91,050 | +27.5% |
| Amounts payable | 17/49 | €515,260 | €970,770 | +€455,510 | +88.4% |
| Amounts payable within one year | 42/48 | €317,847 | €436,505 | +€118,658 | +37.3% |
| Financial debts | 43 | €3,946 | - | -€3,946 | |
| Credit institutions | 430/8 | €3,946 | - | -€3,946 | |
| Trade debts | 44 | €208,011 | €66,972 | -€141,039 | -67.8% |
| Suppliers | 440/4 | €208,011 | €66,972 | -€141,039 | -67.8% |
| Taxes, remuneration and social security | 45 | €105,890 | €134,267 | +€28,377 | +26.8% |
| Taxes | 450/3 | €101,974 | €130,158 | +€28,184 | +27.6% |
| Remuneration and social security | 454/9 | €3,915 | €4,108 | +€193 | +4.9% |
| Other amounts payable | 47/48 | - | €235,266 | +€235,266 | |
| Accrued charges and deferred income | 492/3 | €197,413 | €534,265 | +€336,852 | +171% |
| Remuneration, social security and pensions | 62 | €61,472 | €71,739 | +€10,267 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,360 | €1,460 | -€1,900 | -56.5% |
| Other operating charges | 640/8 | €27,622 | €22,095 | -€5,527 | -20.0% |
| Gross operating margin | 9900 | €200,533 | €237,031 | +€36,497 | +18.2% |
| Operating profit (loss) | 9901 | €108,080 | €141,737 | +€33,657 | +31.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +108% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +108% |
| Financial charges | 65/66B | €9,284 | €8,468 | -€816 | -8.8% |
| Recurring financial charges | 65 | €9,284 | €8,468 | -€816 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €98,797 | €133,270 | +€34,474 | +34.9% |
| Income taxes | 67/77 | €29,990 | €42,220 | +€12,230 | +40.8% |
| Profit (loss) for the period | 9904 | €68,806 | €91,050 | +€22,244 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,806 | €91,050 | +€22,244 | +32.3% |
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 15 October 2026 via checked.be.