ASNH: 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.
ASNH
Largest movements
- Receivables within one year -€11,390
down €11,390 (-29.4%), from €38,756 to €27,365
of which Trade receivables: -€9,611
- Tangible fixed assets -€2,361
down €2,361 (-46.2%), from €5,115 to €2,754
of which Plant, machinery and equipment: -€2,001
- Cash +€1,734
up €1,734 (+13.8%), from €12,561 to €14,295
mainly Receivables within one year (+€11,390) and Depreciation (+€2,361)
- Other debts -€7,000
no longer reported in 2025 (was €7,000)
- Tax, wage and social debts -€4,329
down €4,329 (-81.7%), from €5,298 to €969
- Trade debts -€2,762
down €2,762 (-41.5%), from €6,660 to €3,898
- Profit (loss) carried forward +€2,361
up €2,361 (+8.0%), from €29,407 to €31,769
- Gross operating margin -€425
down €425 (-7.1%), from €6,007 to €5,582
- Other operating charges +€302
up €302 (+313.0%), from €97 to €399
- Depreciation +€208
up €208 (+9.7%), from €2,153 to €2,361
- Taxes -€120
down €120 (-11.0%), from €1,088 to €969
- Financial income -€66
down €66 (-7.3%), from €908 to €841
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 | €56,432 | €44,702 | -€11,730 | -20.8% |
| Fixed assets | 21/28 | €5,115 | €2,754 | -€2,361 | -46.2% |
| Tangible fixed assets | 22/27 | €5,115 | €2,754 | -€2,361 | -46.2% |
| Plant, machinery and equipment | 23 | €4,212 | €2,210 | -€2,001 | -47.5% |
| Furniture and vehicles | 24 | €903 | €543 | -€360 | -39.8% |
| Current assets | 29/58 | €51,317 | €41,949 | -€9,368 | -18.3% |
| Amounts receivable within one year | 40/41 | €38,756 | €27,365 | -€11,390 | -29.4% |
| Trade receivables | 40 | €21,390 | €11,779 | -€9,611 | -44.9% |
| Other amounts receivable | 41 | €17,366 | €15,586 | -€1,780 | -10.2% |
| Cash at bank and in hand | 54/58 | €12,561 | €14,295 | +€1,734 | +13.8% |
| Deferred charges and accrued income | 490/1 | - | €288 | +€288 | |
| Total equity and liabilities | 10/49 | €56,432 | €44,702 | -€11,730 | -20.8% |
| Equity | 10/15 | €37,467 | €39,829 | +€2,361 | +6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,407 | €31,769 | +€2,361 | +8.0% |
| Amounts payable | 17/49 | €18,965 | €4,874 | -€14,091 | -74.3% |
| Amounts payable within one year | 42/48 | €18,965 | €4,874 | -€14,091 | -74.3% |
| Financial debts | 43 | €7 | €7 | = | 0.0% |
| Credit institutions | 430/8 | €7 | €7 | = | 0.0% |
| Trade debts | 44 | €6,660 | €3,898 | -€2,762 | -41.5% |
| Suppliers | 440/4 | €6,660 | €3,898 | -€2,762 | -41.5% |
| Taxes, remuneration and social security | 45 | €5,298 | €969 | -€4,329 | -81.7% |
| Taxes | 450/3 | €5,298 | €969 | -€4,329 | -81.7% |
| Other amounts payable | 47/48 | €7,000 | - | -€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,153 | €2,361 | +€208 | +9.7% |
| Other operating charges | 640/8 | €97 | €399 | +€302 | +313.0% |
| Gross operating margin | 9900 | €6,007 | €5,582 | -€425 | -7.1% |
| Operating profit (loss) | 9901 | €3,758 | €2,822 | -€936 | -24.9% |
| Financial income | 75/76B | €908 | €841 | -€66 | -7.3% |
| Recurring financial income | 75 | €908 | €841 | -€66 | -7.3% |
| Financial charges | 65/66B | €276 | €333 | +€57 | +20.7% |
| Recurring financial charges | 65 | €276 | €333 | +€57 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €4,389 | €3,330 | -€1,059 | -24.1% |
| Income taxes | 67/77 | €1,088 | €969 | -€120 | -11.0% |
| Profit (loss) for the period | 9904 | €3,301 | €2,361 | -€940 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,301 | €2,361 | -€940 | -28.5% |
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 12 October 2026 via checked.be.