ASOJ: 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.
ASOJ
Largest movements
- Stocks and contracts +€26,564
new in 2025: €26,564
- Tangible fixed assets -€10,611
down €10,611 (-15.1%), from €70,479 to €59,868
of which Furniture and vehicles: -€7,243
- Receivables within one year -€3,064
down €3,064 (-17.7%), from €17,318 to €14,254
of which Trade receivables: -€6,226
- Cash +€1,241
up €1,241 (+151%), from €821 to €2,062
mainly Other debts (+€17,978) and Depreciation (+€17,611)
- Other debts +€17,978
up €17,978 (+449%), from €4,002 to €21,979
- Tax, wage and social debts -€12,752
down €12,752 (-68.2%), from €18,685 to €5,934
of which Remuneration and social security: -€8,657
- Trade debts +€8,555
up €8,555 (+29.5%), from €29,029 to €37,584
- Profit (loss) carried forward +€1,337
up €1,337 (+4.2%), from €31,901 to €33,238
- Purchases and services +€193,237
up €193,237 (+47.1%), from €410,207 to €603,444
- Turnover +€156,884
up €156,884 (+33.4%), from €469,545 to €626,429
- Gross operating margin -€36,659
down €36,659 (-53.7%), from €68,263 to €31,604
- Staff costs -€17,243
down €17,243 (-70.2%), from €24,575 to €7,332
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 | €88,617 | €103,735 | +€15,118 | +17.1% |
| Fixed assets | 21/28 | €70,479 | €59,868 | -€10,611 | -15.1% |
| Tangible fixed assets | 22/27 | €70,479 | €59,868 | -€10,611 | -15.1% |
| Plant, machinery and equipment | 23 | €24,912 | €21,544 | -€3,367 | -13.5% |
| Furniture and vehicles | 24 | €45,567 | €38,324 | -€7,243 | -15.9% |
| Current assets | 29/58 | €18,138 | €43,867 | +€25,728 | +142% |
| Stocks and contracts in progress | 3 | - | €26,564 | +€26,564 | |
| Stocks | 30/36 | - | €26,564 | +€26,564 | |
| Amounts receivable within one year | 40/41 | €17,318 | €14,254 | -€3,064 | -17.7% |
| Trade receivables | 40 | €15,698 | €9,471 | -€6,226 | -39.7% |
| Other amounts receivable | 41 | €1,620 | €4,782 | +€3,162 | +195% |
| Cash at bank and in hand | 54/58 | €821 | €2,062 | +€1,241 | +151% |
| Deferred charges and accrued income | 490/1 | - | €988 | +€988 | |
| Total equity and liabilities | 10/49 | €88,617 | €103,735 | +€15,118 | +17.1% |
| Equity | 10/15 | €36,901 | €38,238 | +€1,337 | +3.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,901 | €33,238 | +€1,337 | +4.2% |
| Amounts payable | 17/49 | €51,716 | €65,497 | +€13,781 | +26.6% |
| Amounts payable within one year | 42/48 | €51,716 | €65,497 | +€13,781 | +26.6% |
| Trade debts | 44 | €29,029 | €37,584 | +€8,555 | +29.5% |
| Suppliers | 440/4 | €29,029 | €37,584 | +€8,555 | +29.5% |
| Taxes, remuneration and social security | 45 | €18,685 | €5,934 | -€12,752 | -68.2% |
| Taxes | 450/3 | €10,029 | €5,934 | -€4,095 | -40.8% |
| Remuneration and social security | 454/9 | €8,657 | - | -€8,657 | |
| Other amounts payable | 47/48 | €4,002 | €21,979 | +€17,978 | +449% |
| Turnover | 70 | €469,545 | €626,429 | +€156,884 | +33.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €410,207 | €603,444 | +€193,237 | +47.1% |
| Remuneration, social security and pensions | 62 | €24,575 | €7,332 | -€17,243 | -70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,032 | €17,611 | +€2,579 | +17.2% |
| Other operating charges | 640/8 | €10,515 | €4,642 | -€5,873 | -55.9% |
| Gross operating margin | 9900 | €68,263 | €31,604 | -€36,659 | -53.7% |
| Operating profit (loss) | 9901 | €18,141 | €2,019 | -€16,122 | -88.9% |
| Financial income | 75/76B | €42 | €9 | -€33 | -77.8% |
| Recurring financial income | 75 | €42 | €9 | -€33 | -77.8% |
| Financial charges | 65/66B | €133 | €57 | -€75 | -56.7% |
| Recurring financial charges | 65 | €133 | €57 | -€75 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €18,051 | €1,971 | -€16,080 | -89.1% |
| Income taxes | 67/77 | €4,359 | €634 | -€3,725 | -85.5% |
| Profit (loss) for the period | 9904 | €13,692 | €1,337 | -€12,355 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,692 | €1,337 | -€12,355 | -90.2% |
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 15 October 2026 via checked.be.