ASMIN BILAL: what changed
ASMIN BILAL
Largest movements
- Receivables within one year +€48,654
up €48,654 (+42.2%), from €115,401 to €164,055
- Trade debts +€32,994
up €32,994 (+840%), from €3,927 to €36,921
- Reserves +€15,000
up €15,000 (+100%), from €15,000 to €30,000
- Gross operating margin -€7,968
down €7,968 (-19.8%), from €40,295 to €32,327
- Staff costs -€4,799
down €4,799 (-41.3%), from €11,633 to €6,834
- Financial charges -€868
down €868 (-80.0%), from €1,085 to €217
- Taxes -€590
down €590 (-6.8%), from €8,731 to €8,141
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,044 | €165,348 | +€48,304 | +41.3% |
| Current assets | 29/58 | €117,044 | €165,348 | +€48,304 | +41.3% |
| Amounts receivable within one year | 40/41 | €115,401 | €164,055 | +€48,654 | +42.2% |
| Other amounts receivable | 41 | €115,401 | €164,055 | +€48,654 | +42.2% |
| Cash at bank and in hand | 54/58 | €1,281 | €1,270 | -€11 | -0.9% |
| Deferred charges and accrued income | 490/1 | €362 | €22 | -€339 | -93.8% |
| Total equity and liabilities | 10/49 | €117,044 | €165,348 | +€48,304 | +41.3% |
| Equity | 10/15 | €92,891 | €109,280 | +€16,390 | +17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,000 | €30,000 | +€15,000 | +100% |
| Distributable reserves | 133 | €15,000 | €30,000 | +€15,000 | +100% |
| Profit (loss) carried forward | 14 | €59,291 | €60,680 | +€1,390 | +2.3% |
| Amounts payable | 17/49 | €24,153 | €56,067 | +€31,914 | +132% |
| Amounts payable within one year | 42/48 | €22,153 | €54,488 | +€32,335 | +146% |
| Trade debts | 44 | €3,927 | €36,921 | +€32,994 | +840% |
| Suppliers | 440/4 | €3,927 | €36,921 | +€32,994 | +840% |
| Taxes, remuneration and social security | 45 | €18,226 | €17,567 | -€659 | -3.6% |
| Taxes | 450/3 | €15,964 | €15,271 | -€693 | -4.3% |
| Remuneration and social security | 454/9 | €2,262 | €2,295 | +€33 | +1.5% |
| Accrued charges and deferred income | 492/3 | €2,000 | €1,579 | -€421 | -21.0% |
| Remuneration, social security and pensions | 62 | €11,633 | €6,834 | -€4,799 | -41.3% |
| Other operating charges | 640/8 | €1,040 | €744 | -€295 | -28.4% |
| Gross operating margin | 9900 | €40,295 | €32,327 | -€7,968 | -19.8% |
| Operating profit (loss) | 9901 | €27,622 | €24,748 | -€2,874 | -10.4% |
| Financial charges | 65/66B | €1,085 | €217 | -€868 | -80.0% |
| Recurring financial charges | 65 | €1,085 | €217 | -€868 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €26,537 | €24,531 | -€2,006 | -7.6% |
| Income taxes | 67/77 | €8,731 | €8,141 | -€590 | -6.8% |
| Profit (loss) for the period | 9904 | €17,806 | €16,390 | -€1,416 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,806 | €16,390 | -€1,416 | -8.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.