ASK: 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.
ASK
Largest movements
- Receivables within one year +€13,931
up €13,931 (+177%), from €7,881 to €21,812
of which Trade receivables: +€15,087
- Cash +€8,359
up €8,359 (+31.3%), from €26,723 to €35,082
mainly Net result for the year (+€27,843) and Trade debts (+€14,412)
- Tangible fixed assets -€8,270
down €8,270 (-10.4%), from €79,462 to €71,192
of which Furniture and vehicles: -€6,631
- Deferred charges and accrued income -€6,517
down €6,517 (-29.5%), from €22,080 to €15,563
- Trade debts +€14,412
up €14,412 (+610%), from €2,362 to €16,774
- Reserves +€12,215
up €12,215 (+16.6%), from €73,494 to €85,709
of which Distributable reserves: +€12,215
- Tax, wage and social debts -€10,071
down €10,071 (-56.0%), from €17,986 to €7,914
of which Taxes: -€10,000
- Debts after one year -€8,481
down €8,481 (-62.9%), from €13,485 to €5,004
- Accrued charges and deferred income -€1,736
down €1,736 (-90.9%), from €1,910 to €173
- Gross operating margin +€10,659
up €10,659 (+12.3%), from €86,617 to €97,277
- Taxes -€1,909
down €1,909 (-18.0%), from €10,575 to €8,666
- Staff costs +€1,549
up €1,549 (+3.2%), from €47,730 to €49,278
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 | €136,146 | €143,648 | +€7,502 | +5.5% |
| Fixed assets | 21/28 | €79,462 | €71,192 | -€8,270 | -10.4% |
| Tangible fixed assets | 22/27 | €79,462 | €71,192 | -€8,270 | -10.4% |
| Land and buildings | 22 | €65,397 | €62,935 | -€2,461 | -3.8% |
| Plant, machinery and equipment | 23 | - | €822 | +€822 | |
| Furniture and vehicles | 24 | €14,065 | €7,434 | -€6,631 | -47.1% |
| Current assets | 29/58 | €56,684 | €72,456 | +€15,772 | +27.8% |
| Amounts receivable within one year | 40/41 | €7,881 | €21,812 | +€13,931 | +177% |
| Trade receivables | 40 | €5,250 | €20,337 | +€15,087 | +287% |
| Other amounts receivable | 41 | €2,631 | €1,475 | -€1,156 | -43.9% |
| Cash at bank and in hand | 54/58 | €26,723 | €35,082 | +€8,359 | +31.3% |
| Deferred charges and accrued income | 490/1 | €22,080 | €15,563 | -€6,517 | -29.5% |
| Total equity and liabilities | 10/49 | €136,146 | €143,648 | +€7,502 | +5.5% |
| Equity | 10/15 | €92,044 | €104,259 | +€12,215 | +13.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €73,494 | €85,709 | +€12,215 | +16.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,200 | €14,200 | = | 0.0% |
| Distributable reserves | 133 | €57,439 | €69,654 | +€12,215 | +21.3% |
| Amounts payable | 17/49 | €44,102 | €39,389 | -€4,713 | -10.7% |
| Amounts payable after more than one year | 17 | €13,485 | €5,004 | -€8,481 | -62.9% |
| Financial debts | 170/4 | €13,485 | €5,004 | -€8,481 | -62.9% |
| Amounts payable within one year | 42/48 | €28,707 | €34,212 | +€5,505 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €8,359 | €8,481 | +€122 | +1.5% |
| Trade debts | 44 | €2,362 | €16,774 | +€14,412 | +610% |
| Suppliers | 440/4 | €2,362 | €16,774 | +€14,412 | +610% |
| Taxes, remuneration and social security | 45 | €17,986 | €7,914 | -€10,071 | -56.0% |
| Taxes | 450/3 | €10,000 | - | -€10,000 | |
| Remuneration and social security | 454/9 | €7,986 | €7,914 | -€71 | -0.9% |
| Other amounts payable | 47/48 | - | €1,042 | +€1,042 | |
| Accrued charges and deferred income | 492/3 | €1,910 | €173 | -€1,736 | -90.9% |
| Remuneration, social security and pensions | 62 | €47,730 | €49,278 | +€1,549 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,076 | €9,303 | +€227 | +2.5% |
| Other operating charges | 640/8 | €694 | €543 | -€151 | -21.8% |
| Gross operating margin | 9900 | €86,617 | €97,277 | +€10,659 | +12.3% |
| Operating profit (loss) | 9901 | €29,117 | €38,153 | +€9,036 | +31.0% |
| Financial income | 75/76B | €235 | €3 | -€232 | -98.5% |
| Recurring financial income | 75 | €235 | €3 | -€232 | -98.5% |
| Financial charges | 65/66B | €675 | €1,647 | +€972 | +144% |
| Recurring financial charges | 65 | €675 | €1,647 | +€972 | +144% |
| Profit (loss) for the period before taxes | 9903 | €28,678 | €36,510 | +€7,832 | +27.3% |
| Income taxes | 67/77 | €10,575 | €8,666 | -€1,909 | -18.0% |
| Profit (loss) for the period | 9904 | €18,103 | €27,843 | +€9,740 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,103 | €27,843 | +€9,740 | +53.8% |
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 25 October 2026 via checked.be.