ASP SAMAIN: 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 SAMAIN
Largest movements
- Tangible fixed assets -€42,132
down €42,132 (-4.1%), from €1.0m to €990,084
of which Land and buildings: -€35,516
- Debts after one year -€60,697
down €60,697 (-13.7%), from €441,639 to €380,942
- Reserves +€28,063
up €28,063 (+441.2%), from €6,360 to €34,423
of which Distributable reserves: +€28,063
- Current portion of long-term debt +€21,178
up €21,178 (+77.6%), from €27,277 to €48,455
- Taxes -€19,516
down €19,516, from €12,542 to -€6,975
- Depreciation +€15,938
up €15,938 (+57.2%), from €27,853 to €43,791
- Financial charges +€13,432
up €13,432 (+600.8%), from €2,236 to €15,668
- Gross operating margin +€7,305
up €7,305 (+9.1%), from €80,179 to €87,484
- Other operating charges +€2,817
up €2,817 (+51.2%), from €5,501 to €8,318
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 | €1,838,372 | €1,801,340 | -€37,032 | -2.0% |
| Fixed assets | 21/28 | €1,832,216 | €1,790,084 | -€42,132 | -2.3% |
| Tangible fixed assets | 22/27 | €1,032,216 | €990,084 | -€42,132 | -4.1% |
| Land and buildings | 22 | €1,002,411 | €966,895 | -€35,516 | -3.5% |
| Plant, machinery and equipment | 23 | €26,536 | €20,282 | -€6,255 | -23.6% |
| Furniture and vehicles | 24 | €3,269 | €2,907 | -€362 | -11.1% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €6,155 | €11,256 | +€5,101 | +82.9% |
| Amounts receivable within one year | 40/41 | - | €6,975 | +€6,975 | |
| Other amounts receivable | 41 | - | €6,975 | +€6,975 | |
| Cash at bank and in hand | 54/58 | €6,155 | €4,281 | -€1,874 | -30.4% |
| Total equity and liabilities | 10/49 | €1,838,372 | €1,801,340 | -€37,032 | -2.0% |
| Equity | 10/15 | €678,408 | €706,472 | +€28,063 | +4.1% |
| Contributions | 10/11 | €440,000 | €440,000 | = | 0.0% |
| Capital | 10 | €440,000 | - | -€440,000 | |
| Issued capital | 100 | €440,000 | - | -€440,000 | |
| Reserves | 13 | €6,360 | €34,423 | +€28,063 | +441.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | - | €28,063 | +€28,063 | |
| Profit (loss) carried forward | 14 | €232,048 | €232,048 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,149,963 | €1,084,868 | -€65,095 | -5.7% |
| Amounts payable after more than one year | 17 | €441,639 | €380,942 | -€60,697 | -13.7% |
| Financial debts | 170/4 | €441,639 | €380,942 | -€60,697 | -13.7% |
| Amounts payable within one year | 42/48 | €708,325 | €703,926 | -€4,398 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €27,277 | €48,455 | +€21,178 | +77.6% |
| Trade debts | 44 | €9,684 | €8,845 | -€839 | -8.7% |
| Suppliers | 440/4 | €9,684 | €8,845 | -€839 | -8.7% |
| Advances received on contracts in progress | 46 | €10,180 | - | -€10,180 | |
| Taxes, remuneration and social security | 45 | €1,884 | €1,693 | -€192 | -10.2% |
| Taxes | 450/3 | €1,884 | €1,693 | -€192 | -10.2% |
| Other amounts payable | 47/48 | €659,299 | €644,934 | -€14,366 | -2.2% |
| Non-recurring operating income | 76A | - | €3,614 | +€3,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,853 | €43,791 | +€15,938 | +57.2% |
| Other operating charges | 640/8 | €5,501 | €8,318 | +€2,817 | +51.2% |
| Non-recurring operating charges | 66A | €75,921 | - | -€75,921 | |
| Gross operating margin | 9900 | €80,179 | €87,484 | +€7,305 | +9.1% |
| Operating profit (loss) | 9901 | -€29,096 | €35,375 | +€64,470 | |
| Financial income | 75/76B | - | €1,382 | +€1,382 | |
| Recurring financial income | 75 | - | €1,382 | +€1,382 | |
| Financial charges | 65/66B | €2,236 | €15,668 | +€13,432 | +600.8% |
| Recurring financial charges | 65 | €2,236 | €15,668 | +€13,432 | +600.8% |
| Profit (loss) for the period before taxes | 9903 | -€31,331 | €21,089 | +€52,420 | |
| Income taxes | 67/77 | €12,542 | -€6,975 | -€19,516 | |
| Profit (loss) for the period | 9904 | -€43,873 | €28,063 | +€71,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,873 | €28,063 | +€71,936 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.