ASL RENOV: 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 RENOV
Largest movements
- Cash -€16,185
down €16,185 (-38.7%), from €41,796 to €25,611
mainly Investment in fixed assets (net) (-€8,585) and Debts after one year (-€7,956)
- Tangible fixed assets -€4,089
down €4,089 (-9.9%), from €41,499 to €37,410
of which Furniture and vehicles: -€12,056
- Receivables within one year -€3,791
down €3,791 (-47.9%), from €7,910 to €4,119
of which Trade receivables: -€4,060
- Debts after one year -€7,956
down €7,956 (-20.4%), from €38,905 to €30,949
- Trade debts -€5,632
down €5,632 (-34.0%), from €16,580 to €10,949
- Profit (loss) carried forward -€4,800
down €4,800 (-24.7%), from €19,395 to €14,595
- Other debts -€4,143
no longer reported in 2025 (was €4,143)
- Tax, wage and social debts -€1,955
down €1,955 (-44.5%), from €4,390 to €2,435
- Turnover -€305,461
no longer reported in 2025 (was €305,461)
- Purchases and services -€266,720
no longer reported in 2025 (was €266,720)
- Gross operating margin -€26,143
down €26,143 (-67.5%), from €38,741 to €12,598
- Taxes -€4,295
down €4,295 (-97.1%), from €4,423 to €128
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 | €91,911 | €67,647 | -€24,265 | -26.4% |
| Fixed assets | 21/28 | €42,205 | €37,917 | -€4,289 | -10.2% |
| Intangible fixed assets | 21 | €706 | €506 | -€200 | -28.3% |
| Tangible fixed assets | 22/27 | €41,499 | €37,410 | -€4,089 | -9.9% |
| Plant, machinery and equipment | 23 | - | €7,967 | +€7,967 | |
| Furniture and vehicles | 24 | €41,499 | €29,443 | -€12,056 | -29.1% |
| Current assets | 29/58 | €49,706 | €29,730 | -€19,976 | -40.2% |
| Amounts receivable within one year | 40/41 | €7,910 | €4,119 | -€3,791 | -47.9% |
| Trade receivables | 40 | €4,497 | €437 | -€4,060 | -90.3% |
| Other amounts receivable | 41 | €3,413 | €3,683 | +€270 | +7.9% |
| Cash at bank and in hand | 54/58 | €41,796 | €25,611 | -€16,185 | -38.7% |
| Total equity and liabilities | 10/49 | €91,911 | €67,647 | -€24,265 | -26.4% |
| Equity | 10/15 | €19,395 | €14,595 | -€4,800 | -24.7% |
| Profit (loss) carried forward | 14 | €19,395 | €14,595 | -€4,800 | -24.7% |
| Amounts payable | 17/49 | €72,516 | €53,051 | -€19,464 | -26.8% |
| Amounts payable after more than one year | 17 | €38,905 | €30,949 | -€7,956 | -20.4% |
| Financial debts | 170/4 | €38,905 | €30,949 | -€7,956 | -20.4% |
| Amounts payable within one year | 42/48 | €33,611 | €22,103 | -€11,509 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €8,498 | €8,719 | +€221 | +2.6% |
| Trade debts | 44 | €16,580 | €10,949 | -€5,632 | -34.0% |
| Suppliers | 440/4 | €16,580 | €10,949 | -€5,632 | -34.0% |
| Taxes, remuneration and social security | 45 | €4,390 | €2,435 | -€1,955 | -44.5% |
| Taxes | 450/3 | €4,390 | €2,435 | -€1,955 | -44.5% |
| Other amounts payable | 47/48 | €4,143 | - | -€4,143 | |
| Turnover | 70 | €305,461 | - | -€305,461 | |
| Non-recurring operating income | 76A | - | €4 | +€4 | |
| Goods, raw materials, services and sundry goods | 60/61 | €266,720 | - | -€266,720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,256 | €12,873 | +€617 | +5.0% |
| Other operating charges | 640/8 | €1,756 | €2,302 | +€547 | +31.1% |
| Non-recurring operating charges | 66A | - | €2 | +€2 | |
| Gross operating margin | 9900 | €38,741 | €12,598 | -€26,143 | -67.5% |
| Operating profit (loss) | 9901 | €24,729 | -€2,579 | -€27,308 | |
| Financial income | 75/76B | €6 | €88 | +€81 | +1282.3% |
| Recurring financial income | 75 | €6 | €88 | +€81 | +1282.3% |
| Financial charges | 65/66B | €3,855 | €2,181 | -€1,675 | -43.4% |
| Recurring financial charges | 65 | €3,855 | €2,181 | -€1,675 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €20,880 | -€4,672 | -€25,552 | |
| Income taxes | 67/77 | €4,423 | €128 | -€4,295 | -97.1% |
| Profit (loss) for the period | 9904 | €16,457 | -€4,800 | -€21,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,457 | -€4,800 | -€21,257 |
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 12 October 2026 via checked.be.