ASNEE: what changed
Two fiscal 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.
ASNEE
Largest movements
- Current investments -€149,283
down €149,283 (-5.4%), from €2.8m to €2.6m
- Tax, wage and social debts -€89,601
down €89,601 (-95.2%), from €94,100 to €4,499
- Gross operating margin -€493,418
down €493,418 (-92.9%), from €531,185 to €37,767
- Taxes -€153,739
down €153,739 (-82.8%), from €185,598 to €31,860
- Financial charges +€40,231
up €40,231 (+539.8%), from €7,453 to €47,684
- Financial income +€30,235
up €30,235 (+48.5%), from €62,403 to €92,638
of which Financial income: +€28,038
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 | €5,434,727 | €5,307,907 | -€126,820 | -2.3% |
| Fixed assets | 21/28 | €2,613,355 | €2,613,279 | -€76 | 0.0% |
| Tangible fixed assets | 22/27 | €2,613,355 | €2,613,279 | -€76 | 0.0% |
| Land and buildings | 22 | €2,613,355 | €2,613,279 | -€76 | 0.0% |
| Current assets | 29/58 | €2,821,372 | €2,694,628 | -€126,744 | -4.5% |
| Amounts receivable within one year | 40/41 | - | €777 | +€777 | |
| Other amounts receivable | 41 | - | €777 | +€777 | |
| Current investments | 50/53 | €2,750,142 | €2,600,860 | -€149,283 | -5.4% |
| Cash at bank and in hand | 54/58 | €64,258 | €86,917 | +€22,659 | +35.3% |
| Deferred charges and accrued income | 490/1 | €6,972 | €6,074 | -€897 | -12.9% |
| Total equity and liabilities | 10/49 | €5,434,727 | €5,307,907 | -€126,820 | -2.3% |
| Equity | 10/15 | €5,325,818 | €5,286,630 | -€39,188 | -0.7% |
| Contributions | 10/11 | €3,757,519 | €3,757,519 | = | 0.0% |
| Reserves | 13 | €1,532,854 | €1,493,667 | -€39,188 | -2.6% |
| Distributable reserves | 133 | €1,532,854 | €1,493,667 | -€39,188 | -2.6% |
| Profit (loss) carried forward | 14 | €35,444 | €35,444 | = | 0.0% |
| Amounts payable | 17/49 | €108,910 | €21,277 | -€87,632 | -80.5% |
| Amounts payable within one year | 42/48 | €106,391 | €18,761 | -€87,630 | -82.4% |
| Trade debts | 44 | €280 | €2,251 | +€1,971 | +705.2% |
| Suppliers | 440/4 | €280 | €2,251 | +€1,971 | +705.2% |
| Taxes, remuneration and social security | 45 | €94,100 | €4,499 | -€89,601 | -95.2% |
| Taxes | 450/3 | €94,100 | €4,499 | -€89,601 | -95.2% |
| Other amounts payable | 47/48 | €12,011 | €12,011 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,519 | €2,517 | -€2 | -0.1% |
| Non-recurring operating income | 76A | €492,350 | - | -€492,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €76 | -€720 | -90.4% |
| Other operating charges | 640/8 | €6,127 | €5,756 | -€371 | -6.1% |
| Gross operating margin | 9900 | €531,185 | €37,767 | -€493,418 | -92.9% |
| Operating profit (loss) | 9901 | €524,262 | €31,935 | -€492,327 | -93.9% |
| Financial income | 75/76B | €62,403 | €92,638 | +€30,235 | +48.5% |
| Recurring financial income | 75 | €62,403 | €90,441 | +€28,038 | +44.9% |
| Non-recurring financial income | 76B | - | €2,197 | +€2,197 | |
| Financial charges | 65/66B | €7,453 | €47,684 | +€40,231 | +539.8% |
| Recurring financial charges | 65 | €7,453 | €47,684 | +€40,231 | +539.8% |
| Profit (loss) for the period before taxes | 9903 | €579,212 | €76,889 | -€502,323 | -86.7% |
| Income taxes | 67/77 | €185,598 | €31,860 | -€153,739 | -82.8% |
| Profit (loss) for the period | 9904 | €393,614 | €45,029 | -€348,585 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €393,614 | €45,029 | -€348,585 | -88.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.