ASL GROUPE: 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 GROUPE
Largest movements
- Receivables within one year +€39,002
up €39,002 (+108%), from €36,062 to €75,064
of which Other amounts receivable: +€38,625
- Tangible fixed assets +€3,689
new in 2025: €3,689
- Cash +€2,657
up €2,657 (+431%), from €617 to €3,274
mainly Debts after one year (+€30,196) and Current portion of long-term debt (+€11,011)
- Debts after one year +€30,196
up €30,196 (+74.3%), from €40,656 to €70,853
of which Financial debts: +€30,196
- Current portion of long-term debt +€11,011
up €11,011 (+332%), from €3,319 to €14,330
- Profit (loss) carried forward +€4,902
up €4,902 (+49.5%), from -€9,898 to -€4,996
- Tax, wage and social debts -€1,889
down €1,889 (-41.7%), from €4,528 to €2,639
of which Remuneration and social security: -€2,000
- Trade debts +€1,369
up €1,369 (+294%), from €466 to €1,835
- Gross operating margin +€7,024
up €7,024 (+229%), from €3,073 to €10,097
- Financial charges +€3,237
up €3,237 (+252%), from €1,283 to €4,520
- Depreciation +€371
new in 2025: €371
- Other operating charges +€304
new in 2025: €304
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 | €51,888 | €97,604 | +€45,716 | +88.1% |
| Fixed assets | 21/28 | €14,310 | €17,999 | +€3,689 | +25.8% |
| Tangible fixed assets | 22/27 | - | €3,689 | +€3,689 | |
| Furniture and vehicles | 24 | - | €3,689 | +€3,689 | |
| Financial fixed assets | 28 | €14,310 | €14,310 | = | 0.0% |
| Current assets | 29/58 | €37,578 | €79,604 | +€42,027 | +112% |
| Amounts receivable within one year | 40/41 | €36,062 | €75,064 | +€39,002 | +108% |
| Trade receivables | 40 | €8,693 | €9,069 | +€376 | +4.3% |
| Other amounts receivable | 41 | €27,369 | €65,995 | +€38,625 | +141% |
| Cash at bank and in hand | 54/58 | €617 | €3,274 | +€2,657 | +431% |
| Deferred charges and accrued income | 490/1 | €899 | €1,267 | +€368 | +41.0% |
| Total equity and liabilities | 10/49 | €51,888 | €97,604 | +€45,716 | +88.1% |
| Equity | 10/15 | €2,917 | €7,820 | +€4,902 | +168% |
| Contributions | 10/11 | €12,815 | €12,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,898 | -€4,996 | +€4,902 | +49.5% |
| Amounts payable | 17/49 | €48,971 | €89,784 | +€40,813 | +83.3% |
| Amounts payable after more than one year | 17 | €40,656 | €70,853 | +€30,196 | +74.3% |
| Financial debts | 170/4 | €26,656 | €56,853 | +€30,196 | +113% |
| Other amounts payable | 178/9 | €14,000 | €14,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,314 | €18,805 | +€10,491 | +126% |
| Current portion of amounts payable after more than one year | 42 | €3,319 | €14,330 | +€11,011 | +332% |
| Trade debts | 44 | €466 | €1,835 | +€1,369 | +294% |
| Suppliers | 440/4 | €466 | €1,835 | +€1,369 | +294% |
| Taxes, remuneration and social security | 45 | €4,528 | €2,639 | -€1,889 | -41.7% |
| Taxes | 450/3 | €2,528 | €2,639 | +€111 | +4.4% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €1 | €1 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €126 | +€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €371 | +€371 | |
| Other operating charges | 640/8 | - | €304 | +€304 | |
| Gross operating margin | 9900 | €3,073 | €10,097 | +€7,024 | +229% |
| Operating profit (loss) | 9901 | €3,073 | €9,422 | +€6,349 | +207% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Non-recurring financial income | 76B | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €1,283 | €4,520 | +€3,237 | +252% |
| Recurring financial charges | 65 | €1,283 | €4,520 | +€3,237 | +252% |
| Profit (loss) for the period before taxes | 9903 | €1,790 | €4,902 | +€3,113 | +174% |
| Profit (loss) for the period | 9904 | €1,790 | €4,902 | +€3,113 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €1,790 | €4,902 | +€3,113 | +174% |
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.