ASP RENOVATION: 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.
ASP RENOVATION
Largest movements
- Cash +€34,935
up €34,935 (+226%), from €15,455 to €50,390
mainly Other debts (+€150,000) and Trade debts (+€88,120)
- Receivables within one year +€14,303
up €14,303 (+7.4%), from €192,392 to €206,695
of which Trade receivables: +€13,524
- Stocks and contracts -€2,621
down €2,621 (-61.1%), from €4,287 to €1,666
- Other debts +€150,000
up €150,000 (+7,136%), from €2,102 to €152,102
- Profit (loss) carried forward -€91,071
down €91,071 (-56.2%), from -€162,021 to -€253,093
- Trade debts +€88,120
up €88,120 (+57.2%), from €154,114 to €242,234
- Accrued charges and deferred income -€79,314
down €79,314 (-100%), from €79,314 to €0
- Debts after one year -€16,056
down €16,056 (-36.3%), from €44,264 to €28,208
- Gross operating margin +€184,145
up €184,145 (+353%), from €52,166 to €236,311
- Staff costs +€24,709
up €24,709 (+11.6%), from €213,311 to €238,020
- Financial charges +€4,613
up €4,613 (+307%), from €1,505 to €6,118
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 | €214,685 | €260,475 | +€45,791 | +21.3% |
| Current assets | 29/58 | €214,685 | €260,475 | +€45,791 | +21.3% |
| Stocks and contracts in progress | 3 | €4,287 | €1,666 | -€2,621 | -61.1% |
| Stocks | 30/36 | €4,287 | €1,666 | -€2,621 | -61.1% |
| Amounts receivable within one year | 40/41 | €192,392 | €206,695 | +€14,303 | +7.4% |
| Trade receivables | 40 | €191,875 | €205,400 | +€13,524 | +7.0% |
| Other amounts receivable | 41 | €517 | €1,295 | +€778 | +151% |
| Cash at bank and in hand | 54/58 | €15,455 | €50,390 | +€34,935 | +226% |
| Deferred charges and accrued income | 490/1 | €2,551 | €1,724 | -€827 | -32.4% |
| Total equity and liabilities | 10/49 | €214,685 | €260,475 | +€45,791 | +21.3% |
| Equity | 10/15 | -€98,953 | -€190,025 | -€91,071 | -92.0% |
| Contributions | 10/11 | €62,868 | €62,868 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,021 | -€253,093 | -€91,071 | -56.2% |
| Amounts payable | 17/49 | €313,638 | €450,500 | +€136,862 | +43.6% |
| Amounts payable after more than one year | 17 | €44,264 | €28,208 | -€16,056 | -36.3% |
| Financial debts | 170/4 | €44,264 | €28,208 | -€16,056 | -36.3% |
| Amounts payable within one year | 42/48 | €190,059 | €422,291 | +€232,232 | +122% |
| Current portion of amounts payable after more than one year | 42 | €18,866 | €19,056 | +€190 | +1.0% |
| Trade debts | 44 | €154,114 | €242,234 | +€88,120 | +57.2% |
| Suppliers | 440/4 | €154,114 | €242,234 | +€88,120 | +57.2% |
| Taxes, remuneration and social security | 45 | €14,977 | €8,899 | -€6,078 | -40.6% |
| Taxes | 450/3 | €6,860 | €0 | -€6,860 | -100% |
| Remuneration and social security | 454/9 | €8,117 | €8,899 | +€782 | +9.6% |
| Other amounts payable | 47/48 | €2,102 | €152,102 | +€150,000 | +7,136% |
| Accrued charges and deferred income | 492/3 | €79,314 | €0 | -€79,314 | -100% |
| Remuneration, social security and pensions | 62 | €213,311 | €238,020 | +€24,709 | +11.6% |
| Other operating charges | 640/8 | €557 | €820 | +€262 | +47.1% |
| Non-recurring operating charges | 66A | - | €83,195 | +€83,195 | |
| Gross operating margin | 9900 | €52,166 | €236,311 | +€184,145 | +353% |
| Operating profit (loss) | 9901 | -€161,703 | -€85,724 | +€75,979 | +47.0% |
| Financial income | 75/76B | €51 | €770 | +€719 | +1,418% |
| Recurring financial income | 75 | €51 | €770 | +€719 | +1,418% |
| Financial charges | 65/66B | €1,505 | €6,118 | +€4,613 | +307% |
| Recurring financial charges | 65 | €1,505 | €6,118 | +€4,613 | +307% |
| Profit (loss) for the period before taxes | 9903 | -€163,157 | -€91,071 | +€72,085 | +44.2% |
| Profit (loss) for the period | 9904 | -€163,157 | -€91,071 | +€72,085 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€163,157 | -€91,071 | +€72,085 | +44.2% |
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 30 October 2026 via checked.be.