ASKAVER & PARTNERS: 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.
ASKAVER & PARTNERS
Largest movements
- Cash -€20,937
down €20,937 (-37.7%), from €55,577 to €34,640
mainly Investment in fixed assets (net) (-€34,443) and Current portion of long-term debt (-€7,800)
- Tangible fixed assets +€7,721
up €7,721 (+7.3%), from €105,166 to €112,887
of which Plant, machinery and equipment: +€13,440
- Current portion of long-term debt -€7,800
down €7,800 (-100.0%), from €7,800 to €0
- Other debts -€5,994
down €5,994 (-8.9%), from €67,640 to €61,646
- Trade debts +€3,135
up €3,135 (+205.7%), from €1,524 to €4,659
- Depreciation +€5,739
up €5,739 (+27.4%), from €20,983 to €26,722
- Taxes -€1,571
down €1,571 (-35.6%), from €4,411 to €2,840
- Financial charges -€1,162
down €1,162 (-19.5%), from €5,964 to €4,802
- Other operating charges +€971
up €971 (+35.3%), from €2,753 to €3,725
- Gross operating margin -€883
down €883 (-2.4%), from €36,969 to €36,086
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 | €170,136 | €155,357 | -€14,779 | -8.7% |
| Fixed assets | 21/28 | €105,166 | €112,887 | +€7,721 | +7.3% |
| Tangible fixed assets | 22/27 | €105,166 | €112,887 | +€7,721 | +7.3% |
| Land and buildings | 22 | €75,155 | €65,029 | -€10,126 | -13.5% |
| Plant, machinery and equipment | 23 | - | €13,440 | +€13,440 | |
| Furniture and vehicles | 24 | €30,011 | €34,418 | +€4,406 | +14.7% |
| Current assets | 29/58 | €64,970 | €42,470 | -€22,499 | -34.6% |
| Amounts receivable within one year | 40/41 | €5,669 | €5,785 | +€116 | +2.0% |
| Trade receivables | 40 | €5,669 | €5,625 | -€44 | -0.8% |
| Other amounts receivable | 41 | - | €160 | +€160 | |
| Cash at bank and in hand | 54/58 | €55,577 | €34,640 | -€20,937 | -37.7% |
| Deferred charges and accrued income | 490/1 | €3,724 | €2,045 | -€1,678 | -45.1% |
| Total equity and liabilities | 10/49 | €170,136 | €155,357 | -€14,779 | -8.7% |
| Equity | 10/15 | €84,653 | €83,211 | -€1,442 | -1.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €66,103 | €64,661 | -€1,442 | -2.2% |
| Tax-exempt reserves | 132 | €5,379 | €3,697 | -€1,682 | -31.3% |
| Distributable reserves | 133 | €60,724 | €60,964 | +€241 | +0.4% |
| Provisions and deferred taxes | 16 | €1,793 | €1,232 | -€561 | -31.3% |
| Deferred taxes | 168 | €1,793 | €1,232 | -€561 | -31.3% |
| Amounts payable | 17/49 | €83,690 | €70,914 | -€12,776 | -15.3% |
| Amounts payable within one year | 42/48 | €78,375 | €66,305 | -€12,069 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €7,800 | €0 | -€7,800 | -100.0% |
| Trade debts | 44 | €1,524 | €4,659 | +€3,135 | +205.7% |
| Suppliers | 440/4 | €1,524 | €4,659 | +€3,135 | +205.7% |
| Taxes, remuneration and social security | 45 | €1,411 | €0 | -€1,411 | -100.0% |
| Taxes | 450/3 | €1,411 | €0 | -€1,411 | -100.0% |
| Other amounts payable | 47/48 | €67,640 | €61,646 | -€5,994 | -8.9% |
| Accrued charges and deferred income | 492/3 | €5,316 | €4,609 | -€707 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,983 | €26,722 | +€5,739 | +27.4% |
| Other operating charges | 640/8 | €2,753 | €3,725 | +€971 | +35.3% |
| Gross operating margin | 9900 | €36,969 | €36,086 | -€883 | -2.4% |
| Operating profit (loss) | 9901 | €13,233 | €5,640 | -€7,593 | -57.4% |
| Financial charges | 65/66B | €5,964 | €4,802 | -€1,162 | -19.5% |
| Recurring financial charges | 65 | €5,964 | €4,802 | -€1,162 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €7,269 | €838 | -€6,432 | -88.5% |
| Transfer from deferred taxes | 780 | €561 | €561 | = | 0.0% |
| Income taxes | 67/77 | €4,411 | €2,840 | -€1,571 | -35.6% |
| Profit (loss) for the period | 9904 | €3,419 | -€1,442 | -€4,861 | |
| Transfer from tax-exempt reserves | 789 | €1,682 | €1,682 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,102 | €241 | -€4,861 | -95.3% |
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 11 October 2026 via checked.be.