ASP ELEC: 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 ELEC
Largest movements
- Receivables within one year -€72,715
down €72,715 (-70.5%), from €103,206 to €30,492
of which Trade receivables: -€65,338
- Tangible fixed assets +€37,764
new in 2024: €37,764
of which Furniture and vehicles: +€36,176
- Cash +€8,734
up €8,734 (+27.8%), from €31,409 to €40,143
mainly Receivables within one year (+€72,715) and Debts after one year (+€8,438)
- Stocks and contracts -€7,557
down €7,557 (-47.3%), from €15,960 to €8,403
- Trade debts -€45,969
down €45,969 (-42.2%), from €108,884 to €62,915
- Debts after one year +€8,438
new in 2024: €8,438
- Current portion of long-term debt +€5,309
new in 2024: €5,309
- Tax, wage and social debts -€2,710
down €2,710 (-14.1%), from €19,188 to €16,478
of which Taxes: -€5,571
- Gross operating margin -€14,018
down €14,018 (-8.0%), from €174,733 to €160,714
- Write-downs -€10,364
down €10,364 (-100.0%), from €10,364 to €0
- Staff costs +€7,327
up €7,327 (+5.4%), from €135,503 to €142,830
- Depreciation +€6,879
new in 2024: €6,879
- Financial charges +€6,761
up €6,761 (+3645.3%), from €185 to €6,946
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,576 | €117,136 | -€33,439 | -22.2% |
| Fixed assets | 21/28 | - | €37,764 | +€37,764 | |
| Tangible fixed assets | 22/27 | - | €37,764 | +€37,764 | |
| Plant, machinery and equipment | 23 | - | €1,588 | +€1,588 | |
| Furniture and vehicles | 24 | - | €36,176 | +€36,176 | |
| Current assets | 29/58 | €150,576 | €79,373 | -€71,203 | -47.3% |
| Stocks and contracts in progress | 3 | €15,960 | €8,403 | -€7,557 | -47.3% |
| Stocks | 30/36 | €15,960 | €8,403 | -€7,557 | -47.3% |
| Amounts receivable within one year | 40/41 | €103,206 | €30,492 | -€72,715 | -70.5% |
| Trade receivables | 40 | €94,508 | €29,169 | -€65,338 | -69.1% |
| Other amounts receivable | 41 | €8,698 | €1,322 | -€7,376 | -84.8% |
| Cash at bank and in hand | 54/58 | €31,409 | €40,143 | +€8,734 | +27.8% |
| Deferred charges and accrued income | 490/1 | - | €334 | +€334 | |
| Total equity and liabilities | 10/49 | €150,576 | €117,136 | -€33,439 | -22.2% |
| Equity | 10/15 | €22,504 | €23,996 | +€1,492 | +6.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €504 | €1,996 | +€1,492 | +296.1% |
| Amounts payable | 17/49 | €128,072 | €93,141 | -€34,931 | -27.3% |
| Amounts payable after more than one year | 17 | - | €8,438 | +€8,438 | |
| Financial debts | 170/4 | - | €8,438 | +€8,438 | |
| Amounts payable within one year | 42/48 | €128,072 | €84,702 | -€43,369 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,309 | +€5,309 | |
| Trade debts | 44 | €108,884 | €62,915 | -€45,969 | -42.2% |
| Suppliers | 440/4 | €108,884 | €62,915 | -€45,969 | -42.2% |
| Taxes, remuneration and social security | 45 | €19,188 | €16,478 | -€2,710 | -14.1% |
| Taxes | 450/3 | €7,828 | €2,257 | -€5,571 | -71.2% |
| Remuneration and social security | 454/9 | €11,359 | €14,221 | +€2,861 | +25.2% |
| Remuneration, social security and pensions | 62 | €135,503 | €142,830 | +€7,327 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,879 | +€6,879 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,364 | €0 | -€10,364 | -100.0% |
| Other operating charges | 640/8 | €424 | €538 | +€113 | +26.7% |
| Gross operating margin | 9900 | €174,733 | €160,714 | -€14,018 | -8.0% |
| Operating profit (loss) | 9901 | €28,441 | €10,467 | -€17,974 | -63.2% |
| Financial income | 75/76B | €76 | €11 | -€65 | -85.5% |
| Recurring financial income | 75 | €76 | €11 | -€65 | -85.5% |
| Financial charges | 65/66B | €185 | €6,946 | +€6,761 | +3645.3% |
| Recurring financial charges | 65 | €185 | €6,946 | +€6,761 | +3645.3% |
| Profit (loss) for the period before taxes | 9903 | €28,332 | €3,532 | -€24,800 | -87.5% |
| Income taxes | 67/77 | €7,828 | €2,040 | -€5,789 | -73.9% |
| Profit (loss) for the period | 9904 | €20,504 | €1,492 | -€19,012 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,504 | €1,492 | -€19,012 | -92.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.