ASM TOITURES: 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 TOITURES
Largest movements
- Tangible fixed assets +€37,165
up €37,165 (+123%), from €30,231 to €67,396
of which Furniture and vehicles: +€37,435
- Receivables within one year -€32,134
down €32,134 (-94.3%), from €34,084 to €1,950
of which Trade receivables: -€27,131
- Cash +€4,160
up €4,160 (+26.6%), from €15,647 to €19,807
mainly Debts after one year (+€42,526) and Receivables within one year (+€32,134)
- Stocks and contracts -€1,500
no longer reported in 2025 (was €1,500)
- Debts after one year +€42,526
up €42,526 (+454%), from €9,375 to €51,902
- Trade debts -€23,842
down €23,842 (-83.4%), from €28,577 to €4,735
- Profit (loss) carried forward -€15,631
new in 2025: -€15,631
- Current portion of long-term debt +€7,588
up €7,588 (+71.2%), from €10,659 to €18,247
- Other debts -€2,800
down €2,800 (-78.8%), from €3,552 to €752
- Gross operating margin -€22,037
down €22,037 (-75.7%), from €29,121 to €7,084
- Purchases and services -€15,477
down €15,477 (-10.5%), from €147,352 to €131,875
- Taxes -€7,633
no longer reported in 2025 (was €7,633)
- Depreciation +€2,661
up €2,661 (+16.5%), from €16,142 to €18,804
- Staff costs -€702
down €702 (-61.7%), from €1,139 to €436
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 | €81,926 | €89,767 | +€7,841 | +9.6% |
| Fixed assets | 21/28 | €30,231 | €67,396 | +€37,165 | +123% |
| Tangible fixed assets | 22/27 | €30,231 | €67,396 | +€37,165 | +123% |
| Plant, machinery and equipment | 23 | €473 | €204 | -€270 | -56.9% |
| Furniture and vehicles | 24 | €29,758 | €67,192 | +€37,435 | +126% |
| Current assets | 29/58 | €51,695 | €22,371 | -€29,324 | -56.7% |
| Stocks and contracts in progress | 3 | €1,500 | - | -€1,500 | |
| Stocks | 30/36 | €1,500 | - | -€1,500 | |
| Amounts receivable within one year | 40/41 | €34,084 | €1,950 | -€32,134 | -94.3% |
| Trade receivables | 40 | €27,131 | - | -€27,131 | |
| Other amounts receivable | 41 | €6,953 | €1,950 | -€5,003 | -72.0% |
| Cash at bank and in hand | 54/58 | €15,647 | €19,807 | +€4,160 | +26.6% |
| Deferred charges and accrued income | 490/1 | €464 | €614 | +€151 | +32.5% |
| Total equity and liabilities | 10/49 | €81,926 | €89,767 | +€7,841 | +9.6% |
| Equity | 10/15 | €26,962 | €11,331 | -€15,631 | -58.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,962 | €21,962 | = | 0.0% |
| Distributable reserves | 133 | €21,962 | €21,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,631 | -€15,631 | |
| Amounts payable | 17/49 | €54,963 | €78,436 | +€23,472 | +42.7% |
| Amounts payable after more than one year | 17 | €9,375 | €51,902 | +€42,526 | +454% |
| Financial debts | 170/4 | €9,375 | €51,902 | +€42,526 | +454% |
| Amounts payable within one year | 42/48 | €45,588 | €26,534 | -€19,054 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €10,659 | €18,247 | +€7,588 | +71.2% |
| Trade debts | 44 | €28,577 | €4,735 | -€23,842 | -83.4% |
| Suppliers | 440/4 | €28,577 | €4,735 | -€23,842 | -83.4% |
| Taxes, remuneration and social security | 45 | €2,800 | €2,800 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,800 | €2,800 | = | 0.0% |
| Other amounts payable | 47/48 | €3,552 | €752 | -€2,800 | -78.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €147,352 | €131,875 | -€15,477 | -10.5% |
| Remuneration, social security and pensions | 62 | €1,139 | €436 | -€702 | -61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,142 | €18,804 | +€2,661 | +16.5% |
| Other operating charges | 640/8 | €1,700 | €1,289 | -€411 | -24.2% |
| Gross operating margin | 9900 | €29,121 | €7,084 | -€22,037 | -75.7% |
| Operating profit (loss) | 9901 | €10,140 | -€13,445 | -€23,585 | |
| Financial income | 75/76B | €1 | €1 | +€1 | +118% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +118% |
| Financial charges | 65/66B | €1,867 | €2,188 | +€321 | +17.2% |
| Recurring financial charges | 65 | €1,867 | €2,188 | +€321 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €8,274 | -€15,631 | -€23,905 | |
| Income taxes | 67/77 | €7,633 | - | -€7,633 | |
| Profit (loss) for the period | 9904 | €641 | -€15,631 | -€16,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €641 | -€15,631 | -€16,272 |
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 16 October 2026 via checked.be.