ASP Construction: 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.
ASP Construction
Largest movements
- Receivables within one year -€18,988
down €18,988 (-15.9%), from €119,709 to €100,721
of which Other amounts receivable: -€26,311
- Tangible fixed assets -€18,353
down €18,353 (-38.9%), from €47,177 to €28,825
- Cash +€12,253
up €12,253 (+1056.7%), from €1,160 to €13,412
mainly Tax, wage and social debts (+€27,601) and Depreciation (+€20,033)
- Profit (loss) carried forward -€45,626
down €45,626 (-44.7%), from €102,174 to €56,548
- Tax, wage and social debts +€27,601
up €27,601 (+288.8%), from €9,558 to €37,160
of which Taxes: +€29,401
- Trade debts +€14,524
up €14,524 (+50.7%), from €28,621 to €43,145
- Other debts -€11,588
down €11,588 (-78.9%), from €14,692 to €3,104
- Accrued charges and deferred income -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Gross operating margin -€102,731
down €102,731 (-87.7%), from €117,201 to €14,469
- Taxes +€21,837
new in 2025: €21,837
- Write-downs +€19,100
new in 2025: €19,100
- Depreciation +€9,391
up €9,391 (+88.2%), from €10,642 to €20,033
- Financial income +€5,358
up €5,358 (+89452.1%), from €6 to €5,364
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 | €168,046 | €142,958 | -€25,088 | -14.9% |
| Fixed assets | 21/28 | €47,177 | €28,825 | -€18,353 | -38.9% |
| Tangible fixed assets | 22/27 | €47,177 | €28,825 | -€18,353 | -38.9% |
| Furniture and vehicles | 24 | €47,177 | €28,825 | -€18,353 | -38.9% |
| Current assets | 29/58 | €120,869 | €114,133 | -€6,735 | -5.6% |
| Amounts receivable within one year | 40/41 | €119,709 | €100,721 | -€18,988 | -15.9% |
| Trade receivables | 40 | €33,120 | €40,443 | +€7,323 | +22.1% |
| Other amounts receivable | 41 | €86,589 | €60,278 | -€26,311 | -30.4% |
| Cash at bank and in hand | 54/58 | €1,160 | €13,412 | +€12,253 | +1056.7% |
| Total equity and liabilities | 10/49 | €168,046 | €142,958 | -€25,088 | -14.9% |
| Equity | 10/15 | €105,174 | €59,548 | -€45,626 | -43.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,174 | €56,548 | -€45,626 | -44.7% |
| Amounts payable | 17/49 | €62,871 | €83,410 | +€20,538 | +32.7% |
| Amounts payable within one year | 42/48 | €52,871 | €83,410 | +€30,538 | +57.8% |
| Trade debts | 44 | €28,621 | €43,145 | +€14,524 | +50.7% |
| Suppliers | 440/4 | €28,621 | €43,145 | +€14,524 | +50.7% |
| Taxes, remuneration and social security | 45 | €9,558 | €37,160 | +€27,601 | +288.8% |
| Taxes | 450/3 | €7,758 | €37,160 | +€29,401 | +379.0% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100.0% |
| Other amounts payable | 47/48 | €14,692 | €3,104 | -€11,588 | -78.9% |
| Accrued charges and deferred income | 492/3 | €10,000 | €0 | -€10,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,642 | €20,033 | +€9,391 | +88.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €19,100 | +€19,100 | |
| Other operating charges | 640/8 | €2,562 | €4,287 | +€1,724 | +67.3% |
| Non-recurring operating charges | 66A | €158 | €0 | -€158 | -100.0% |
| Gross operating margin | 9900 | €117,201 | €14,469 | -€102,731 | -87.7% |
| Operating profit (loss) | 9901 | €103,839 | -€28,950 | -€132,789 | |
| Financial income | 75/76B | €6 | €5,364 | +€5,358 | +89452.1% |
| Recurring financial income | 75 | €6 | €5,364 | +€5,358 | +89452.1% |
| Financial charges | 65/66B | €288 | €203 | -€85 | -29.4% |
| Recurring financial charges | 65 | €288 | €203 | -€85 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €103,557 | -€23,789 | -€127,346 | |
| Income taxes | 67/77 | - | €21,837 | +€21,837 | |
| Profit (loss) for the period | 9904 | €103,557 | -€45,626 | -€149,183 | |
| Profit (loss) for the period to be appropriated | 9905 | €103,557 | -€45,626 | -€149,183 |
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 2 October 2026 via checked.be.