ASMIN Visé: 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.
ASMIN Visé
Largest movements
- Receivables within one year +€42,316
up €42,316 (+302%), from €14,005 to €56,321
- Tangible fixed assets +€38,502
up €38,502 (+309%), from €12,464 to €50,967
of which Furniture and vehicles: +€39,114
- Cash -€22,916
down €22,916 (-35.0%), from €65,403 to €42,487
mainly Investment in fixed assets (net) (-€63,916) and Receivables within one year (-€42,316)
- Stocks and contracts +€2,679
up €2,679 (+77.5%), from €3,458 to €6,137
- Debts after one year +€32,616
up €32,616 (+308%), from €10,593 to €43,209
- Reserves +€17,500
up €17,500 (+57.5%), from €30,441 to €47,941
of which Distributable reserves: +€17,500
- Tax, wage and social debts +€4,715
up €4,715 (+16.6%), from €28,350 to €33,065
of which Taxes: +€5,072
- Trade debts +€4,080
up €4,080 (+222%), from €1,839 to €5,919
- Gross operating margin -€16,853
down €16,853 (-13.7%), from €122,945 to €106,092
- Depreciation +€11,037
up €11,037 (+76.8%), from €14,377 to €25,413
- Taxes -€9,778
down €9,778 (-54.0%), from €18,107 to €8,329
- Staff costs +€4,606
up €4,606 (+12.0%), from €38,495 to €43,101
- Other operating charges +€4,357
up €4,357 (+182%), from €2,394 to €6,751
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 | €98,037 | €157,355 | +€59,317 | +60.5% |
| Fixed assets | 21/28 | €12,964 | €51,467 | +€38,502 | +297% |
| Tangible fixed assets | 22/27 | €12,464 | €50,967 | +€38,502 | +309% |
| Plant, machinery and equipment | 23 | €2,658 | €2,047 | -€612 | -23.0% |
| Furniture and vehicles | 24 | €9,806 | €48,920 | +€39,114 | +399% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €85,073 | €105,888 | +€20,815 | +24.5% |
| Stocks and contracts in progress | 3 | €3,458 | €6,137 | +€2,679 | +77.5% |
| Stocks | 30/36 | €3,458 | €6,137 | +€2,679 | +77.5% |
| Amounts receivable within one year | 40/41 | €14,005 | €56,321 | +€42,316 | +302% |
| Other amounts receivable | 41 | €14,005 | €56,321 | +€42,316 | +302% |
| Cash at bank and in hand | 54/58 | €65,403 | €42,487 | -€22,916 | -35.0% |
| Deferred charges and accrued income | 490/1 | €2,207 | €943 | -€1,264 | -57.3% |
| Total equity and liabilities | 10/49 | €98,037 | €157,355 | +€59,317 | +60.5% |
| Equity | 10/15 | €50,610 | €68,672 | +€18,062 | +35.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €30,441 | €47,941 | +€17,500 | +57.5% |
| Non-distributable reserves | 130/1 | €441 | €441 | = | 0.0% |
| Reserves not available under the articles | 1311 | €441 | €441 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €47,500 | +€17,500 | +58.3% |
| Profit (loss) carried forward | 14 | €7,769 | €8,332 | +€562 | +7.2% |
| Amounts payable | 17/49 | €47,427 | €88,682 | +€41,255 | +87.0% |
| Amounts payable after more than one year | 17 | €10,593 | €43,209 | +€32,616 | +308% |
| Financial debts | 170/4 | €10,593 | €43,209 | +€32,616 | +308% |
| Amounts payable within one year | 42/48 | €36,834 | €45,473 | +€8,639 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €6,644 | €6,489 | -€155 | -2.3% |
| Trade debts | 44 | €1,839 | €5,919 | +€4,080 | +222% |
| Suppliers | 440/4 | €1,839 | €5,919 | +€4,080 | +222% |
| Taxes, remuneration and social security | 45 | €28,350 | €33,065 | +€4,715 | +16.6% |
| Taxes | 450/3 | €20,904 | €25,975 | +€5,072 | +24.3% |
| Remuneration and social security | 454/9 | €7,447 | €7,090 | -€357 | -4.8% |
| Remuneration, social security and pensions | 62 | €38,495 | €43,101 | +€4,606 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,377 | €25,413 | +€11,037 | +76.8% |
| Other operating charges | 640/8 | €2,394 | €6,751 | +€4,357 | +182% |
| Gross operating margin | 9900 | €122,945 | €106,092 | -€16,853 | -13.7% |
| Operating profit (loss) | 9901 | €67,678 | €30,826 | -€36,852 | -54.5% |
| Financial income | 75/76B | €150 | €144 | -€5 | -3.5% |
| Recurring financial income | 75 | €150 | €144 | -€5 | -3.5% |
| Financial charges | 65/66B | €3,025 | €4,579 | +€1,554 | +51.4% |
| Recurring financial charges | 65 | €3,025 | €4,579 | +€1,554 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | €64,803 | €26,392 | -€38,412 | -59.3% |
| Income taxes | 67/77 | €18,107 | €8,329 | -€9,778 | -54.0% |
| Profit (loss) for the period | 9904 | €46,696 | €18,062 | -€28,634 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,696 | €18,062 | -€28,634 | -61.3% |
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 28 October 2026 via checked.be.