ASPASIA: 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.
ASPASIA
Largest movements
- Stocks and contracts +€26,424
up €26,424 (+31.5%), from €83,772 to €110,195
- Cash +€20,596
up €20,596 (+12.8%), from €160,523 to €181,119
mainly Net result for the year (+€34,156) and Accrued charges and deferred income (+€23,556)
- Tangible fixed assets +€18,058
up €18,058 (+1,051%), from €1,719 to €19,777
of which Furniture and vehicles: +€13,690
- Receivables within one year +€4,152
up €4,152 (+30.3%), from €13,699 to €17,850
of which Trade receivables: +€5,000
- Profit (loss) carried forward +€34,156
up €34,156 (+57.8%), from -€59,050 to -€24,894
- Accrued charges and deferred income +€23,556
up €23,556 (+240%), from €9,810 to €33,366
- Trade debts +€14,200
up €14,200 (+38.3%), from €37,035 to €51,235
- Tax, wage and social debts -€4,900
down €4,900 (-10.4%), from €47,028 to €42,128
of which Taxes: -€5,526
- Gross operating margin +€64,764
up €64,764 (+95.7%), from €67,671 to €132,435
- Write-downs +€15,049
up €15,049, from -€12,674 to €2,376
- Taxes +€8,913
up €8,913 (+264%), from €3,376 to €12,289
- Depreciation +€3,548
up €3,548 (+140%), from €2,533 to €6,081
- Financial charges -€2,616
down €2,616 (-55.8%), from €4,688 to €2,072
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 | €264,930 | €334,018 | +€69,088 | +26.1% |
| Fixed assets | 21/28 | €1,719 | €19,777 | +€18,058 | +1,051% |
| Tangible fixed assets | 22/27 | €1,719 | €19,777 | +€18,058 | +1,051% |
| Land and buildings | 22 | €1,013 | €5,741 | +€4,728 | +467% |
| Plant, machinery and equipment | 23 | €706 | €346 | -€360 | -51.0% |
| Furniture and vehicles | 24 | - | €13,690 | +€13,690 | |
| Current assets | 29/58 | €263,211 | €314,241 | +€51,030 | +19.4% |
| Stocks and contracts in progress | 3 | €83,772 | €110,195 | +€26,424 | +31.5% |
| Stocks | 30/36 | €83,772 | €110,195 | +€26,424 | +31.5% |
| Amounts receivable within one year | 40/41 | €13,699 | €17,850 | +€4,152 | +30.3% |
| Trade receivables | 40 | €11,064 | €16,064 | +€5,000 | +45.2% |
| Other amounts receivable | 41 | €2,634 | €1,786 | -€848 | -32.2% |
| Cash at bank and in hand | 54/58 | €160,523 | €181,119 | +€20,596 | +12.8% |
| Deferred charges and accrued income | 490/1 | €5,217 | €5,077 | -€140 | -2.7% |
| Total equity and liabilities | 10/49 | €264,930 | €334,018 | +€69,088 | +26.1% |
| Equity | 10/15 | €37,271 | €71,427 | +€34,156 | +91.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €77,729 | €77,729 | = | 0.0% |
| Distributable reserves | 133 | €77,729 | €77,729 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,050 | -€24,894 | +€34,156 | +57.8% |
| Amounts payable | 17/49 | €227,658 | €262,591 | +€34,933 | +15.3% |
| Amounts payable after more than one year | 17 | €60,192 | €60,192 | = | 0.0% |
| Financial debts | 170/4 | €60,192 | €60,192 | = | 0.0% |
| Amounts payable within one year | 42/48 | €157,657 | €169,033 | +€11,376 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €37,035 | €51,235 | +€14,200 | +38.3% |
| Suppliers | 440/4 | €37,035 | €51,235 | +€14,200 | +38.3% |
| Taxes, remuneration and social security | 45 | €47,028 | €42,128 | -€4,900 | -10.4% |
| Taxes | 450/3 | €25,333 | €19,806 | -€5,526 | -21.8% |
| Remuneration and social security | 454/9 | €21,696 | €22,322 | +€626 | +2.9% |
| Other amounts payable | 47/48 | €73,593 | €75,670 | +€2,076 | +2.8% |
| Accrued charges and deferred income | 492/3 | €9,810 | €33,366 | +€23,556 | +240% |
| Non-recurring operating income | 76A | - | €7,000 | +€7,000 | |
| Remuneration, social security and pensions | 62 | €81,413 | €82,245 | +€832 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,533 | €6,081 | +€3,548 | +140% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,674 | €2,376 | +€15,049 | |
| Other operating charges | 640/8 | €5,426 | €3,623 | -€1,803 | -33.2% |
| Gross operating margin | 9900 | €67,671 | €132,435 | +€64,764 | +95.7% |
| Operating profit (loss) | 9901 | -€9,026 | €38,111 | +€47,137 | |
| Financial income | 75/76B | €11,913 | €10,406 | -€1,507 | -12.6% |
| Recurring financial income | 75 | €11,913 | €10,406 | -€1,507 | -12.6% |
| Financial charges | 65/66B | €4,688 | €2,072 | -€2,616 | -55.8% |
| Recurring financial charges | 65 | €4,688 | €2,072 | -€2,616 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,802 | €46,444 | +€48,246 | |
| Income taxes | 67/77 | €3,376 | €12,289 | +€8,913 | +264% |
| Profit (loss) for the period | 9904 | -€5,178 | €34,156 | +€39,334 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,178 | €34,156 | +€39,334 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.