ASPAC TECHNICS: 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.
ASPAC TECHNICS
Largest movements
- Receivables within one year +€219,321
up €219,321 (+60.4%), from €363,291 to €582,612
of which Trade receivables: +€192,596
- Deferred charges and accrued income +€75,812
up €75,812 (+3292.4%), from €2,303 to €78,115
- Cash +€9,325
up €9,325 (+46.8%), from €19,914 to €29,239
mainly Trade debts (+€254,305) and Tax, wage and social debts (+€140,261)
- Trade debts +€254,305
up €254,305 (+604.5%), from €42,069 to €296,374
- Tax, wage and social debts +€140,261
up €140,261 (+344.0%), from €40,771 to €181,031
of which Taxes: +€114,656
- Other debts -€120,815
down €120,815 (-94.5%), from €127,815 to €7,000
- Profit (loss) carried forward +€28,079
up €28,079 (+30.7%), from €91,425 to €119,504
- Staff costs +€115,638
up €115,638 (+37.6%), from €307,396 to €423,034
- Gross operating margin +€73,769
up €73,769 (+18.0%), from €410,264 to €484,032
- Taxes -€9,843
down €9,843 (-35.1%), from €28,020 to €18,177
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 | €402,079 | €704,343 | +€302,264 | +75.2% |
| Fixed assets | 21/28 | €16,571 | €14,377 | -€2,194 | -13.2% |
| Intangible fixed assets | 21 | €422 | €287 | -€134 | -31.8% |
| Tangible fixed assets | 22/27 | €16,149 | €14,090 | -€2,060 | -12.8% |
| Furniture and vehicles | 24 | €16,149 | €14,090 | -€2,060 | -12.8% |
| Current assets | 29/58 | €385,508 | €689,966 | +€304,458 | +79.0% |
| Amounts receivable within one year | 40/41 | €363,291 | €582,612 | +€219,321 | +60.4% |
| Trade receivables | 40 | €348,818 | €541,415 | +€192,596 | +55.2% |
| Other amounts receivable | 41 | €14,473 | €41,197 | +€26,725 | +184.7% |
| Cash at bank and in hand | 54/58 | €19,914 | €29,239 | +€9,325 | +46.8% |
| Deferred charges and accrued income | 490/1 | €2,303 | €78,115 | +€75,812 | +3292.4% |
| Total equity and liabilities | 10/49 | €402,079 | €704,343 | +€302,264 | +75.2% |
| Equity | 10/15 | €191,425 | €219,504 | +€28,079 | +14.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,425 | €119,504 | +€28,079 | +30.7% |
| Amounts payable | 17/49 | €210,654 | €484,840 | +€274,185 | +130.2% |
| Amounts payable within one year | 42/48 | €210,654 | €484,405 | +€273,751 | +130.0% |
| Trade debts | 44 | €42,069 | €296,374 | +€254,305 | +604.5% |
| Suppliers | 440/4 | €42,069 | €296,374 | +€254,305 | +604.5% |
| Taxes, remuneration and social security | 45 | €40,771 | €181,031 | +€140,261 | +344.0% |
| Taxes | 450/3 | €22,407 | €137,063 | +€114,656 | +511.7% |
| Remuneration and social security | 454/9 | €18,364 | €43,968 | +€25,605 | +139.4% |
| Other amounts payable | 47/48 | €127,815 | €7,000 | -€120,815 | -94.5% |
| Accrued charges and deferred income | 492/3 | - | €435 | +€435 | |
| Remuneration, social security and pensions | 62 | €307,396 | €423,034 | +€115,638 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,778 | €8,061 | +€3,284 | +68.7% |
| Other operating charges | 640/8 | €785 | €893 | +€109 | +13.9% |
| Gross operating margin | 9900 | €410,264 | €484,032 | +€73,769 | +18.0% |
| Operating profit (loss) | 9901 | €97,306 | €52,044 | -€45,262 | -46.5% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €2,702 | €5,788 | +€3,086 | +114.2% |
| Recurring financial charges | 65 | €2,702 | €5,788 | +€3,086 | +114.2% |
| Profit (loss) for the period before taxes | 9903 | €94,609 | €46,256 | -€48,353 | -51.1% |
| Income taxes | 67/77 | €28,020 | €18,177 | -€9,843 | -35.1% |
| Profit (loss) for the period | 9904 | €66,589 | €28,079 | -€38,510 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,589 | €28,079 | -€38,510 | -57.8% |
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 11 October 2026 via checked.be.