ASM SCHILDERWERKEN: 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 SCHILDERWERKEN
Largest movements
- Receivables within one year -€4,949
down €4,949 (-55.3%), from €8,945 to €3,996
of which Trade receivables: -€4,450
- Tangible fixed assets -€3,244
down €3,244 (-24.9%), from €13,006 to €9,762
of which Furniture and vehicles: -€3,190
- Cash -€1,792
down €1,792 (-91.3%), from €1,963 to €171
mainly Debts after one year (-€3,998) and Trade debts (-€3,897)
- Debts after one year -€3,998
down €3,998 (-29.9%), from €13,377 to €9,379
- Trade debts -€3,897
down €3,897 (-97.7%), from €3,988 to €91
- Advances received -€3,000
down €3,000 (-100%), from €3,000 to €0
- Profit (loss) carried forward +€1,909
up €1,909 (+3.5%), from -€55,294 to -€53,385
- Other debts -€1,302
down €1,302 (-18.5%), from €7,041 to €5,739
- Write-downs -€16,188
down €16,188 (-100%), from €16,188 to €0
- Gross operating margin -€3,326
down €3,326 (-31.4%), from €10,607 to €7,281
- Financial charges -€1,607
down €1,607 (-47.1%), from €3,410 to €1,802
- Other operating charges +€400
up €400 (+645%), from €62 to €462
- Financial income -€337
down €337 (-71.3%), from €472 to €136
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 | €23,922 | €13,929 | -€9,993 | -41.8% |
| Fixed assets | 21/28 | €13,006 | €9,762 | -€3,244 | -24.9% |
| Tangible fixed assets | 22/27 | €13,006 | €9,762 | -€3,244 | -24.9% |
| Plant, machinery and equipment | 23 | €54 | €0 | -€54 | -100% |
| Furniture and vehicles | 24 | €12,952 | €9,762 | -€3,190 | -24.6% |
| Current assets | 29/58 | €10,916 | €4,167 | -€6,749 | -61.8% |
| Amounts receivable within one year | 40/41 | €8,945 | €3,996 | -€4,949 | -55.3% |
| Trade receivables | 40 | €7,591 | €3,142 | -€4,450 | -58.6% |
| Other amounts receivable | 41 | €1,354 | €854 | -€500 | -36.9% |
| Cash at bank and in hand | 54/58 | €1,963 | €171 | -€1,792 | -91.3% |
| Deferred charges and accrued income | 490/1 | €8 | €0 | -€8 | -100% |
| Total equity and liabilities | 10/49 | €23,922 | €13,929 | -€9,993 | -41.8% |
| Equity | 10/15 | -€7,187 | -€5,278 | +€1,909 | +26.6% |
| Contributions | 10/11 | €46,000 | €46,000 | = | 0.0% |
| Reserves | 13 | €2,107 | €2,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,107 | €2,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,294 | -€53,385 | +€1,909 | +3.5% |
| Amounts payable | 17/49 | €31,109 | €19,207 | -€11,902 | -38.3% |
| Amounts payable after more than one year | 17 | €13,377 | €9,379 | -€3,998 | -29.9% |
| Financial debts | 170/4 | €13,377 | €9,379 | -€3,998 | -29.9% |
| Amounts payable within one year | 42/48 | €17,732 | €9,827 | -€7,904 | -44.6% |
| Current portion of amounts payable after more than one year | 42 | €3,704 | €3,998 | +€294 | +7.9% |
| Trade debts | 44 | €3,988 | €91 | -€3,897 | -97.7% |
| Suppliers | 440/4 | €3,988 | €91 | -€3,897 | -97.7% |
| Advances received on contracts in progress | 46 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts payable | 47/48 | €7,041 | €5,739 | -€1,302 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,065 | €3,244 | +€179 | +5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,188 | €0 | -€16,188 | -100% |
| Other operating charges | 640/8 | €62 | €462 | +€400 | +645% |
| Gross operating margin | 9900 | €10,607 | €7,281 | -€3,326 | -31.4% |
| Operating profit (loss) | 9901 | -€8,709 | €3,575 | +€12,284 | |
| Financial income | 75/76B | €472 | €136 | -€337 | -71.3% |
| Recurring financial income | 75 | €472 | €136 | -€337 | -71.3% |
| Financial charges | 65/66B | €3,410 | €1,802 | -€1,607 | -47.1% |
| Recurring financial charges | 65 | €3,410 | €1,802 | -€1,607 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,646 | €1,909 | +€13,555 | |
| Profit (loss) for the period | 9904 | -€11,646 | €1,909 | +€13,555 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,646 | €1,909 | +€13,555 |
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 19 October 2026 via checked.be.