ASNONG: 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.
ASNONG
Largest movements
- Cash -€83,128
down €83,128 (-83.7%), from €99,318 to €16,191
mainly Trade debts (-€58,498) and Net result for the year (-€23,363)
- Stocks and contracts +€16,254
up €16,254 (+13.5%), from €120,532 to €136,785
- Intangible fixed assets -€4,709
down €4,709 (-28.6%), from €16,480 to €11,771
- Receivables within one year -€4,503
down €4,503 (-2.5%), from €178,999 to €174,495
of which Trade receivables: -€7,420
- Tangible fixed assets -€4,451
down €4,451 (-25.1%), from €17,725 to €13,274
of which Plant, machinery and equipment: -€3,623
- Trade debts -€58,498
down €58,498 (-60.4%), from €96,843 to €38,344
- Reserves -€23,363
down €23,363 (-13.2%), from €176,515 to €153,151
of which Distributable reserves: -€23,363
- Staff costs +€18,541
up €18,541 (+9.4%), from €197,704 to €216,246
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 | €433,053 | €352,517 | -€80,536 | -18.6% |
| Fixed assets | 21/28 | €34,205 | €25,046 | -€9,159 | -26.8% |
| Intangible fixed assets | 21 | €16,480 | €11,771 | -€4,709 | -28.6% |
| Tangible fixed assets | 22/27 | €17,725 | €13,274 | -€4,451 | -25.1% |
| Plant, machinery and equipment | 23 | €13,277 | €9,654 | -€3,623 | -27.3% |
| Furniture and vehicles | 24 | €4,449 | €3,621 | -€828 | -18.6% |
| Current assets | 29/58 | €398,848 | €327,471 | -€71,377 | -17.9% |
| Stocks and contracts in progress | 3 | €120,532 | €136,785 | +€16,254 | +13.5% |
| Stocks | 30/36 | €120,532 | €136,785 | +€16,254 | +13.5% |
| Amounts receivable within one year | 40/41 | €178,999 | €174,495 | -€4,503 | -2.5% |
| Trade receivables | 40 | €178,487 | €171,067 | -€7,420 | -4.2% |
| Other amounts receivable | 41 | €512 | €3,429 | +€2,917 | +570% |
| Cash at bank and in hand | 54/58 | €99,318 | €16,191 | -€83,128 | -83.7% |
| Total equity and liabilities | 10/49 | €433,053 | €352,517 | -€80,536 | -18.6% |
| Equity | 10/15 | €219,054 | €195,691 | -€23,363 | -10.7% |
| Contributions | 10/11 | €42,540 | €42,540 | = | 0.0% |
| Reserves | 13 | €176,515 | €153,151 | -€23,363 | -13.2% |
| Non-distributable reserves | 130/1 | €2,866 | €2,866 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,866 | €2,866 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,431 | €41,431 | = | 0.0% |
| Distributable reserves | 133 | €132,218 | €108,854 | -€23,363 | -17.7% |
| Amounts payable | 17/49 | €213,999 | €156,826 | -€57,173 | -26.7% |
| Amounts payable within one year | 42/48 | €213,999 | €156,826 | -€57,173 | -26.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €96,843 | €38,344 | -€58,498 | -60.4% |
| Suppliers | 440/4 | €96,843 | €38,344 | -€58,498 | -60.4% |
| Taxes, remuneration and social security | 45 | €17,156 | €18,482 | +€1,325 | +7.7% |
| Remuneration and social security | 454/9 | €17,156 | €18,482 | +€1,325 | +7.7% |
| Remuneration, social security and pensions | 62 | €197,704 | €216,246 | +€18,541 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,145 | €9,159 | -€985 | -9.7% |
| Other operating charges | 640/8 | €4,476 | €3,671 | -€805 | -18.0% |
| Gross operating margin | 9900 | €210,461 | €209,629 | -€832 | -0.4% |
| Operating profit (loss) | 9901 | -€1,864 | -€19,447 | -€17,583 | -943% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,775 | €3,916 | +€142 | +3.8% |
| Recurring financial charges | 65 | €3,775 | €3,916 | +€142 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,638 | -€23,363 | -€17,725 | -314% |
| Income taxes | 67/77 | -€90 | - | +€90 | |
| Profit (loss) for the period | 9904 | -€5,549 | -€23,363 | -€17,815 | -321% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,549 | -€23,363 | -€17,815 | -321% |
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 22 October 2026 via checked.be.