ASL GROUP: 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.
ASL GROUP
Largest movements
- Current investments -€1.3m
down €1.3m (-21.9%), from €6.1m to €4.8m
- Financial fixed assets +€1.1m
up €1.1m (+2.9%), from €37.4m to €38.5m
- Cash +€1.1m
up €1.1m (+130.1%), from €818,607 to €1.9m
mainly Other debts (+€4.3m) and Current investments (+€1.3m)
- Receivables within one year +€1.0m
new in 2024: €1.0m
- Other debts +€4.3m
up €4.3m (+34.1%), from €12.7m to €17.0m
- Debts after one year -€2.5m
down €2.5m (-10.9%), from €23.0m to €20.5m
- Financial charges +€739,493
up €739,493 (+39.5%), from €1.9m to €2.6m
- Financial income -€518,054
down €518,054 (-17.8%), from €2.9m to €2.4m
- Taxes -€173,510
down €173,510 (-100.0%), from €173,510 to €0
- Gross operating margin +€74,720
up €74,720 (+12.5%), from €597,760 to €672,480
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,313,701 | €46,122,182 | +€1.8m | +4.1% |
| Fixed assets | 21/28 | €37,412,312 | €38,479,708 | +€1.1m | +2.9% |
| Financial fixed assets | 28 | €37,412,312 | €38,479,708 | +€1.1m | +2.9% |
| Current assets | 29/58 | €6,901,389 | €7,642,474 | +€741,085 | +10.7% |
| Amounts receivable within one year | 40/41 | - | €1,007,579 | +€1.0m | |
| Other amounts receivable | 41 | - | €1,007,579 | +€1.0m | |
| Current investments | 50/53 | €6,082,782 | €4,751,459 | -€1.3m | -21.9% |
| Cash at bank and in hand | 54/58 | €818,607 | €1,883,436 | +€1.1m | +130.1% |
| Total equity and liabilities | 10/49 | €44,313,701 | €46,122,182 | +€1.8m | +4.1% |
| Equity | 10/15 | €4,499,595 | €4,946,261 | +€446,667 | +9.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €842,000 | €842,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €842,000 | €842,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,457,595 | €3,904,261 | +€446,667 | +12.9% |
| Amounts payable | 17/49 | €39,814,106 | €41,175,920 | +€1.4m | +3.4% |
| Amounts payable after more than one year | 17 | €23,000,000 | €20,500,000 | -€2.5m | -10.9% |
| Financial debts | 170/4 | €23,000,000 | €20,500,000 | -€2.5m | -10.9% |
| Amounts payable within one year | 42/48 | €16,661,558 | €20,673,731 | +€4.0m | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €2,500,000 | €2,500,000 | = | 0.0% |
| Financial debts | 43 | €1,354,808 | €1,000,000 | -€354,808 | -26.2% |
| Credit institutions | 430/8 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other loans | 439 | €354,808 | €0 | -€354,808 | -100.0% |
| Trade debts | 44 | €1,186 | €42,125 | +€40,939 | +3452.5% |
| Suppliers | 440/4 | €1,186 | €42,125 | +€40,939 | +3452.5% |
| Taxes, remuneration and social security | 45 | €138,960 | €142,606 | +€3,646 | +2.6% |
| Taxes | 450/3 | €138,960 | €142,606 | +€3,646 | +2.6% |
| Other amounts payable | 47/48 | €12,666,605 | €16,989,001 | +€4.3m | +34.1% |
| Accrued charges and deferred income | 492/3 | €152,548 | €2,189 | -€150,359 | -98.6% |
| Other operating charges | 640/8 | €2,986 | €4,425 | +€1,438 | +48.2% |
| Gross operating margin | 9900 | €597,760 | €672,480 | +€74,720 | +12.5% |
| Operating profit (loss) | 9901 | €594,774 | €668,055 | +€73,282 | +12.3% |
| Financial income | 75/76B | €2,907,678 | €2,389,623 | -€518,054 | -17.8% |
| Recurring financial income | 75 | €2,907,678 | €2,389,623 | -€518,054 | -17.8% |
| Financial charges | 65/66B | €1,871,520 | €2,611,012 | +€739,493 | +39.5% |
| Recurring financial charges | 65 | €1,871,520 | €2,611,012 | +€739,493 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €1,630,931 | €446,667 | -€1.2m | -72.6% |
| Income taxes | 67/77 | €173,510 | €0 | -€173,510 | -100.0% |
| Profit (loss) for the period | 9904 | €1,457,422 | €446,667 | -€1.0m | -69.4% |
| Transfer to tax-exempt reserves | 689 | €631,500 | €0 | -€631,500 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €825,922 | €446,667 | -€379,255 | -45.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.