ASM ENGINEERING: 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.
ASM ENGINEERING
Largest movements
- Cash +€92,889
up €92,889 (+133.7%), from €69,473 to €162,363
mainly Net result for the year (+€129,194) and Depreciation (+€29,065)
- Tangible fixed assets +€12,977
up €12,977 (+38.2%), from €34,001 to €46,978
of which Furniture and vehicles: +€9,424
- Receivables within one year +€10,806
up €10,806 (+22.7%), from €47,622 to €58,428
of which Other amounts receivable: +€9,117
- Profit (loss) carried forward +€115,194
up €115,194 (+120.1%), from €95,892 to €211,086
- Tax, wage and social debts +€10,258
up €10,258 (+34.0%), from €30,129 to €40,387
- Trade debts -€9,476
down €9,476 (-44.4%), from €21,336 to €11,860
- Gross operating margin +€57,125
up €57,125 (+39.7%), from €143,834 to €200,959
- Depreciation +€11,576
up €11,576 (+66.2%), from €17,488 to €29,065
- Taxes +€10,233
up €10,233 (+34.0%), from €30,129 to €40,362
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 | €154,316 | €269,269 | +€114,953 | +74.5% |
| Fixed assets | 21/28 | €35,501 | €48,478 | +€12,977 | +36.6% |
| Tangible fixed assets | 22/27 | €34,001 | €46,978 | +€12,977 | +38.2% |
| Plant, machinery and equipment | 23 | €144 | €3,698 | +€3,553 | +2464.0% |
| Furniture and vehicles | 24 | €33,857 | €43,281 | +€9,424 | +27.8% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €118,815 | €220,790 | +€101,975 | +85.8% |
| Amounts receivable within one year | 40/41 | €47,622 | €58,428 | +€10,806 | +22.7% |
| Trade receivables | 40 | €42,768 | €44,457 | +€1,689 | +3.9% |
| Other amounts receivable | 41 | €4,854 | €13,971 | +€9,117 | +187.8% |
| Cash at bank and in hand | 54/58 | €69,473 | €162,363 | +€92,889 | +133.7% |
| Deferred charges and accrued income | 490/1 | €1,720 | - | -€1,720 | |
| Total equity and liabilities | 10/49 | €154,316 | €269,269 | +€114,953 | +74.5% |
| Equity | 10/15 | €95,892 | €211,086 | +€115,194 | +120.1% |
| Profit (loss) carried forward | 14 | €95,892 | €211,086 | +€115,194 | +120.1% |
| Amounts payable | 17/49 | €58,424 | €58,183 | -€241 | -0.4% |
| Amounts payable within one year | 42/48 | €58,424 | €58,183 | -€241 | -0.4% |
| Trade debts | 44 | €21,336 | €11,860 | -€9,476 | -44.4% |
| Suppliers | 440/4 | €21,336 | €11,860 | -€9,476 | -44.4% |
| Taxes, remuneration and social security | 45 | €30,129 | €40,387 | +€10,258 | +34.0% |
| Taxes | 450/3 | €30,129 | €40,387 | +€10,258 | +34.0% |
| Other amounts payable | 47/48 | €6,959 | €5,936 | -€1,023 | -14.7% |
| Remuneration, social security and pensions | 62 | - | €1,920 | +€1,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,488 | €29,065 | +€11,576 | +66.2% |
| Other operating charges | 640/8 | €305 | €592 | +€286 | +93.8% |
| Gross operating margin | 9900 | €143,834 | €200,959 | +€57,125 | +39.7% |
| Operating profit (loss) | 9901 | €126,040 | €169,382 | +€43,342 | +34.4% |
| Financial income | 75/76B | €10 | €313 | +€303 | +3032.6% |
| Recurring financial income | 75 | €10 | €313 | +€303 | +3032.6% |
| Non-recurring financial income | 76B | €10 | €313 | +€303 | +3032.6% |
| Financial charges | 65/66B | €29 | €139 | +€110 | +381.5% |
| Recurring financial charges | 65 | €29 | €139 | +€110 | +381.5% |
| Non-recurring financial charges | 66B | €29 | €139 | +€110 | +381.5% |
| Profit (loss) for the period before taxes | 9903 | €126,021 | €169,556 | +€43,535 | +34.5% |
| Income taxes | 67/77 | €30,129 | €40,362 | +€10,233 | +34.0% |
| Profit (loss) for the period | 9904 | €95,892 | €129,194 | +€33,302 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,892 | €129,194 | +€33,302 | +34.7% |
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 11 October 2026 via checked.be.