ASIR: 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.
ASIR
Largest movements
- Cash +€54,298
up €54,298 (+190.5%), from €28,507 to €82,805
mainly Contributions, distributions and other (+€30,283) and Tax, wage and social debts (+€28,798)
- Receivables within one year +€26,864
up €26,864 (+128.0%), from €20,988 to €47,852
of which Other amounts receivable: +€44,650
- Tangible fixed assets -€8,991
down €8,991 (-15.1%), from €59,465 to €50,473
of which Furniture and vehicles: -€8,246
- Stocks and contracts +€2,060
up €2,060 (+20.0%), from €10,283 to €12,343
- Reserves +€30,283
new in 2025: €30,283
- Tax, wage and social debts +€28,798
up €28,798 (+125.5%), from €22,944 to €51,742
of which Remuneration and social security: +€22,385
- Trade debts +€11,592
up €11,592 (+85.0%), from €13,644 to €25,236
- Profit (loss) carried forward +€4,765
up €4,765 (+6.0%), from €78,815 to €83,580
- Staff costs +€125,188
up €125,188 (+132.0%), from €94,815 to €220,003
- Gross operating margin +€63,522
up €63,522 (+34.0%), from €186,787 to €250,309
- Taxes -€12,132
down €12,132 (-78.1%), from €15,539 to €3,407
- Other operating charges +€4,047
up €4,047 (+98.8%), from €4,095 to €8,142
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 | €121,273 | €195,841 | +€74,568 | +61.5% |
| Fixed assets | 21/28 | €60,204 | €51,213 | -€8,991 | -14.9% |
| Tangible fixed assets | 22/27 | €59,465 | €50,473 | -€8,991 | -15.1% |
| Plant, machinery and equipment | 23 | €7,835 | €11,978 | +€4,143 | +52.9% |
| Furniture and vehicles | 24 | €16,083 | €7,836 | -€8,246 | -51.3% |
| Other tangible fixed assets | 26 | €35,547 | €30,659 | -€4,888 | -13.8% |
| Financial fixed assets | 28 | €739 | €739 | = | 0.0% |
| Current assets | 29/58 | €61,069 | €144,628 | +€83,559 | +136.8% |
| Stocks and contracts in progress | 3 | €10,283 | €12,343 | +€2,060 | +20.0% |
| Stocks | 30/36 | €10,283 | €12,343 | +€2,060 | +20.0% |
| Amounts receivable within one year | 40/41 | €20,988 | €47,852 | +€26,864 | +128.0% |
| Trade receivables | 40 | €17,786 | - | -€17,786 | |
| Other amounts receivable | 41 | €3,202 | €47,852 | +€44,650 | +1394.4% |
| Cash at bank and in hand | 54/58 | €28,507 | €82,805 | +€54,298 | +190.5% |
| Deferred charges and accrued income | 490/1 | €1,291 | €1,628 | +€337 | +26.1% |
| Total equity and liabilities | 10/49 | €121,273 | €195,841 | +€74,568 | +61.5% |
| Equity | 10/15 | €83,815 | €118,863 | +€35,048 | +41.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €30,283 | +€30,283 | |
| Distributable reserves | 133 | - | €30,283 | +€30,283 | |
| Profit (loss) carried forward | 14 | €78,815 | €83,580 | +€4,765 | +6.0% |
| Amounts payable | 17/49 | €37,458 | €76,978 | +€39,520 | +105.5% |
| Amounts payable within one year | 42/48 | €37,458 | €76,978 | +€39,520 | +105.5% |
| Trade debts | 44 | €13,644 | €25,236 | +€11,592 | +85.0% |
| Suppliers | 440/4 | €13,644 | €25,236 | +€11,592 | +85.0% |
| Taxes, remuneration and social security | 45 | €22,944 | €51,742 | +€28,798 | +125.5% |
| Taxes | 450/3 | €16,890 | €23,304 | +€6,414 | +38.0% |
| Remuneration and social security | 454/9 | €6,054 | €28,438 | +€22,385 | +369.8% |
| Other amounts payable | 47/48 | €870 | - | -€870 | |
| Remuneration, social security and pensions | 62 | €94,815 | €220,003 | +€125,188 | +132.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,705 | €10,177 | +€1,472 | +16.9% |
| Other operating charges | 640/8 | €4,095 | €8,142 | +€4,047 | +98.8% |
| Gross operating margin | 9900 | €186,787 | €250,309 | +€63,522 | +34.0% |
| Operating profit (loss) | 9901 | €79,172 | €11,987 | -€67,185 | -84.9% |
| Financial income | 75/76B | €0 | €223 | +€222 | +54251.2% |
| Recurring financial income | 75 | €0 | €223 | +€222 | +54251.2% |
| Financial charges | 65/66B | €3,868 | €4,038 | +€171 | +4.4% |
| Recurring financial charges | 65 | €3,868 | €4,038 | +€171 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €75,305 | €8,171 | -€67,134 | -89.1% |
| Income taxes | 67/77 | €15,539 | €3,407 | -€12,132 | -78.1% |
| Profit (loss) for the period | 9904 | €59,766 | €4,765 | -€55,001 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,766 | €4,765 | -€55,001 | -92.0% |
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 30 September 2026 via checked.be.