ASLAN MANAGEMENT: 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.
ASLAN MANAGEMENT
Largest movements
- Cash +€448,333
up €448,333 (+469.2%), from €95,560 to €543,893
mainly Net result for the year (+€555,225) and Current investments (+€186,509)
- Current investments -€186,509
down €186,509 (-2.9%), from €6.4m to €6.2m
- Reserves +€540,000
up €540,000 (+156.5%), from €345,140 to €885,140
of which Distributable reserves: +€540,000
- Other operating charges -€216,622
down €216,622 (-84.1%), from €257,515 to €40,893
- Gross operating margin +€86,219
up €86,219 (+95.2%), from -€90,584 to -€4,365
- Taxes -€77,961
down €77,961 (-61.8%), from €126,105 to €48,144
- Financial income +€73,358
up €73,358 (+11.2%), from €657,665 to €731,023
- Depreciation +€61,087
up €61,087 (+312.8%), from €19,528 to €80,615
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 | €12,846,233 | €13,222,286 | +€376,053 | +2.9% |
| Fixed assets | 21/28 | €6,006,098 | €6,062,484 | +€56,386 | +0.9% |
| Tangible fixed assets | 22/27 | €3,305,673 | €3,362,059 | +€56,386 | +1.7% |
| Land and buildings | 22 | €3,264,365 | €3,251,491 | -€12,874 | -0.4% |
| Furniture and vehicles | 24 | €41,308 | €110,568 | +€69,260 | +167.7% |
| Financial fixed assets | 28 | €2,700,425 | €2,700,425 | = | 0.0% |
| Current assets | 29/58 | €6,840,135 | €7,159,802 | +€319,667 | +4.7% |
| Amounts receivable within one year | 40/41 | €335,479 | €393,322 | +€57,843 | +17.2% |
| Trade receivables | 40 | €11,380 | €1,992 | -€9,388 | -82.5% |
| Other amounts receivable | 41 | €324,099 | €391,330 | +€67,231 | +20.7% |
| Current investments | 50/53 | €6,409,096 | €6,222,587 | -€186,509 | -2.9% |
| Cash at bank and in hand | 54/58 | €95,560 | €543,893 | +€448,333 | +469.2% |
| Total equity and liabilities | 10/49 | €12,846,233 | €13,222,286 | +€376,053 | +2.9% |
| Equity | 10/15 | €12,463,906 | €13,019,131 | +€555,225 | +4.5% |
| Contributions | 10/11 | €1,201,400 | €1,201,400 | = | 0.0% |
| Reserves | 13 | €345,140 | €885,140 | +€540,000 | +156.5% |
| Non-distributable reserves | 130/1 | €120,140 | €120,140 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120,140 | €120,140 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €765,000 | +€540,000 | +240.0% |
| Profit (loss) carried forward | 14 | €10,917,366 | €10,932,591 | +€15,225 | +0.1% |
| Amounts payable | 17/49 | €382,327 | €203,155 | -€179,172 | -46.9% |
| Amounts payable within one year | 42/48 | €382,327 | €203,155 | -€179,172 | -46.9% |
| Trade debts | 44 | €1,309 | €5,567 | +€4,258 | +325.3% |
| Suppliers | 440/4 | €1,309 | €5,567 | +€4,258 | +325.3% |
| Taxes, remuneration and social security | 45 | €169,503 | €104,473 | -€65,030 | -38.4% |
| Taxes | 450/3 | €169,503 | €104,473 | -€65,030 | -38.4% |
| Other amounts payable | 47/48 | €211,515 | €93,115 | -€118,400 | -56.0% |
| Turnover | 70 | - | €3,392 | +€3,392 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €35,977 | +€35,977 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,528 | €80,615 | +€61,087 | +312.8% |
| Other operating charges | 640/8 | €257,515 | €40,893 | -€216,622 | -84.1% |
| Non-recurring operating charges | 66A | €12,450 | - | -€12,450 | |
| Gross operating margin | 9900 | -€90,584 | -€4,365 | +€86,219 | +95.2% |
| Operating profit (loss) | 9901 | -€380,077 | -€125,873 | +€254,204 | +66.9% |
| Financial income | 75/76B | €657,665 | €731,023 | +€73,358 | +11.2% |
| Recurring financial income | 75 | €657,665 | €731,023 | +€73,358 | +11.2% |
| Financial charges | 65/66B | €7,512 | €1,781 | -€5,731 | -76.3% |
| Recurring financial charges | 65 | €7,512 | €1,781 | -€5,731 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €270,076 | €603,369 | +€333,293 | +123.4% |
| Income taxes | 67/77 | €126,105 | €48,144 | -€77,961 | -61.8% |
| Profit (loss) for the period | 9904 | €143,971 | €555,225 | +€411,254 | +285.7% |
| Profit (loss) for the period to be appropriated | 9905 | €143,971 | €555,225 | +€411,254 | +285.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.