ASL ACADEMY: 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.
ASL ACADEMY
Largest movements
- Receivables within one year -€9,636
down €9,636 (-15.6%), from €61,951 to €52,315
of which Trade receivables: -€9,636
- Tangible fixed assets +€6,980
up €6,980 (+542%), from €1,289 to €8,268
of which Plant, machinery and equipment: +€6,980
- Cash +€4,413
up €4,413 (+8.1%), from €54,359 to €58,772
mainly Net result for the year (+€36,422) and Receivables within one year (+€9,636)
- Stocks and contracts -€2,735
down €2,735 (-100%), from €2,735 to €0
- Deferred charges and accrued income +€1,800
up €1,800 (+29.2%), from €6,158 to €7,957
- Profit (loss) carried forward +€36,422
up €36,422 (+10.7%), from -€339,835 to -€303,413
- Accrued charges and deferred income -€15,932
down €15,932 (-13.5%), from €118,168 to €102,236
- Trade debts -€14,714
down €14,714 (-20.4%), from €72,217 to €57,503
- Tax, wage and social debts -€4,955
down €4,955 (-18.4%), from €26,941 to €21,986
of which Taxes: -€4,651
- Gross operating margin +€20,439
up €20,439 (+21.4%), from €95,600 to €116,039
- Staff costs +€2,266
up €2,266 (+3.2%), from €71,057 to €73,323
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 | €127,491 | €128,312 | +€821 | +0.6% |
| Fixed assets | 21/28 | €2,289 | €9,268 | +€6,980 | +305% |
| Tangible fixed assets | 22/27 | €1,289 | €8,268 | +€6,980 | +542% |
| Plant, machinery and equipment | 23 | €1,289 | €8,268 | +€6,980 | +542% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €125,203 | €119,044 | -€6,159 | -4.9% |
| Stocks and contracts in progress | 3 | €2,735 | €0 | -€2,735 | -100% |
| Stocks | 30/36 | €2,735 | €0 | -€2,735 | -100% |
| Amounts receivable within one year | 40/41 | €61,951 | €52,315 | -€9,636 | -15.6% |
| Trade receivables | 40 | €61,951 | €52,315 | -€9,636 | -15.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €54,359 | €58,772 | +€4,413 | +8.1% |
| Deferred charges and accrued income | 490/1 | €6,158 | €7,957 | +€1,800 | +29.2% |
| Total equity and liabilities | 10/49 | €127,491 | €128,312 | +€821 | +0.6% |
| Equity | 10/15 | -€239,835 | -€203,413 | +€36,422 | +15.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€339,835 | -€303,413 | +€36,422 | +10.7% |
| Amounts payable | 17/49 | €367,326 | €331,725 | -€35,601 | -9.7% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,158 | €79,489 | -€19,669 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €72,217 | €57,503 | -€14,714 | -20.4% |
| Suppliers | 440/4 | €72,217 | €57,503 | -€14,714 | -20.4% |
| Taxes, remuneration and social security | 45 | €26,941 | €21,986 | -€4,955 | -18.4% |
| Taxes | 450/3 | €17,327 | €12,676 | -€4,651 | -26.8% |
| Remuneration and social security | 454/9 | €9,614 | €9,310 | -€305 | -3.2% |
| Accrued charges and deferred income | 492/3 | €118,168 | €102,236 | -€15,932 | -13.5% |
| Remuneration, social security and pensions | 62 | €71,057 | €73,323 | +€2,266 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,686 | €4,045 | +€358 | +9.7% |
| Other operating charges | 640/8 | €553 | €568 | +€14 | +2.6% |
| Gross operating margin | 9900 | €95,600 | €116,039 | +€20,439 | +21.4% |
| Operating profit (loss) | 9901 | €20,304 | €38,103 | +€17,800 | +87.7% |
| Financial income | 75/76B | €66 | €321 | +€255 | +386% |
| Recurring financial income | 75 | €66 | €321 | +€255 | +386% |
| Financial charges | 65/66B | €1,149 | €1,254 | +€105 | +9.1% |
| Recurring financial charges | 65 | €1,149 | €1,254 | +€105 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €19,221 | €37,170 | +€17,950 | +93.4% |
| Income taxes | 67/77 | €0 | €749 | +€749 | |
| Profit (loss) for the period | 9904 | €19,221 | €36,422 | +€17,201 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,221 | €36,422 | +€17,201 | +89.5% |
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 31 October 2026 via checked.be.