ASPA INTERNATIONAL: 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.
ASPA INTERNATIONAL
Largest movements
- Cash +€6,477
up €6,477 (+93.0%), from €6,968 to €13,445
mainly Other debts (+€13,773) and Deferred charges and accrued income (+€2,825)
- Deferred charges and accrued income -€2,825
down €2,825 (-27.5%), from €10,291 to €7,466
- Receivables within one year +€1,573
up €1,573 (+61.1%), from €2,576 to €4,149
of which Trade receivables: +€1,429
- Tangible fixed assets -€949
down €949 (-79.0%), from €1,201 to €252
- Other debts +€13,773
up €13,773 (+111%), from €12,369 to €26,142
- Profit (loss) carried forward -€11,048
down €11,048 (-101%), from -€10,991 to -€22,040
- Trade debts +€1,558
up €1,558 (+405%), from €384 to €1,942
- Financial charges -€240
down €240 (-7.7%), from €3,121 to €2,881
- Other operating charges +€210
up €210 (+16.5%), from €1,274 to €1,484
- Depreciation -€206
down €206 (-17.8%), from €1,155 to €949
- Gross operating margin -€145
down €145 (-2.7%), from -€5,365 to -€5,510
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 | €21,075 | €25,352 | +€4,277 | +20.3% |
| Fixed assets | 21/28 | €1,241 | €292 | -€949 | -76.5% |
| Tangible fixed assets | 22/27 | €1,201 | €252 | -€949 | -79.0% |
| Furniture and vehicles | 24 | €1,201 | €252 | -€949 | -79.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €19,834 | €25,060 | +€5,226 | +26.3% |
| Amounts receivable within one year | 40/41 | €2,576 | €4,149 | +€1,573 | +61.1% |
| Trade receivables | 40 | €399 | €1,829 | +€1,429 | +358% |
| Other amounts receivable | 41 | €2,177 | €2,321 | +€144 | +6.6% |
| Cash at bank and in hand | 54/58 | €6,968 | €13,445 | +€6,477 | +93.0% |
| Deferred charges and accrued income | 490/1 | €10,291 | €7,466 | -€2,825 | -27.5% |
| Total equity and liabilities | 10/49 | €21,075 | €25,352 | +€4,277 | +20.3% |
| Equity | 10/15 | €7,559 | -€3,490 | -€11,048 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,991 | -€22,040 | -€11,048 | -101% |
| Amounts payable | 17/49 | €13,517 | €28,841 | +€15,325 | +113% |
| Amounts payable within one year | 42/48 | €13,517 | €28,841 | +€15,325 | +113% |
| Trade debts | 44 | €384 | €1,942 | +€1,558 | +405% |
| Suppliers | 440/4 | €384 | €1,942 | +€1,558 | +405% |
| Taxes, remuneration and social security | 45 | €764 | €757 | -€6 | -0.8% |
| Taxes | 450/3 | €764 | €757 | -€6 | -0.8% |
| Other amounts payable | 47/48 | €12,369 | €26,142 | +€13,773 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,155 | €949 | -€206 | -17.8% |
| Other operating charges | 640/8 | €1,274 | €1,484 | +€210 | +16.5% |
| Gross operating margin | 9900 | -€5,365 | -€5,510 | -€145 | -2.7% |
| Operating profit (loss) | 9901 | -€7,794 | -€7,943 | -€149 | -1.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,121 | €2,881 | -€240 | -7.7% |
| Recurring financial charges | 65 | €3,121 | €2,881 | -€240 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,916 | -€10,824 | +€91 | +0.8% |
| Income taxes | 67/77 | €223 | €224 | +€0 | +0.2% |
| Profit (loss) for the period | 9904 | -€11,139 | -€11,048 | +€91 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,139 | -€11,048 | +€91 | +0.8% |
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 27 October 2026 via checked.be.