ASPIRTOUT: what changed
ASPIRTOUT
Largest movements
- Cash -€10,512
down €10,512 (-85.1%), from €12,355 to €1,843
mainly Investment in fixed assets (net) (-€15,005) and Net result for the year (-€14,892)
- Tangible fixed assets +€5,375
up €5,375 (+12.0%), from €44,955 to €50,331
of which Furniture and vehicles: +€7,593
- Deferred charges and accrued income +€919
up €919 (+112%), from €821 to €1,739
- Profit (loss) carried forward -€14,892
down €14,892 (-51.0%), from -€29,216 to -€44,108
- Current portion of long-term debt +€5,799
up €5,799 (+51.8%), from €11,203 to €17,002
- Debts after one year -€5,553
down €5,553 (-33.3%), from €16,676 to €11,123
- Trade debts +€5,218
up €5,218 (+273%), from €1,910 to €7,128
- Other debts +€2,962
up €2,962 (+17,374%), from €17 to €2,979
- Gross operating margin -€16,659
down €16,659, from €14,181 to -€2,478
- Other operating charges -€2,879
down €2,879 (-79.5%), from €3,619 to €740
- Financial charges -€480
down €480 (-19.0%), from €2,524 to €2,044
- Financial income -€415
no longer reported in 2025 (was €415)
- Depreciation -€159
down €159 (-1.6%), from €9,789 to €9,630
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,292 | €80,291 | -€4,001 | -4.7% |
| Fixed assets | 21/28 | €44,955 | €50,331 | +€5,375 | +12.0% |
| Tangible fixed assets | 22/27 | €44,955 | €50,331 | +€5,375 | +12.0% |
| Plant, machinery and equipment | 23 | €8,688 | €6,470 | -€2,218 | -25.5% |
| Furniture and vehicles | 24 | €36,267 | €43,860 | +€7,593 | +20.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €39,337 | €29,960 | -€9,377 | -23.8% |
| Amounts receivable within one year | 40/41 | €26,162 | €26,378 | +€217 | +0.8% |
| Trade receivables | 40 | €4,891 | €4,791 | -€100 | -2.0% |
| Other amounts receivable | 41 | €21,270 | €21,587 | +€317 | +1.5% |
| Cash at bank and in hand | 54/58 | €12,355 | €1,843 | -€10,512 | -85.1% |
| Deferred charges and accrued income | 490/1 | €821 | €1,739 | +€919 | +112% |
| Total equity and liabilities | 10/49 | €84,292 | €80,291 | -€4,001 | -4.7% |
| Equity | 10/15 | €54,451 | €39,559 | -€14,892 | -27.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €21,693 | €21,693 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,193 | €6,193 | = | 0.0% |
| Legal reserve | 130 | €6,193 | €6,193 | = | 0.0% |
| Distributable reserves | 133 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,216 | -€44,108 | -€14,892 | -51.0% |
| Amounts payable | 17/49 | €29,841 | €40,732 | +€10,891 | +36.5% |
| Amounts payable after more than one year | 17 | €16,676 | €11,123 | -€5,553 | -33.3% |
| Financial debts | 170/4 | €16,676 | €11,123 | -€5,553 | -33.3% |
| Amounts payable within one year | 42/48 | €13,130 | €29,609 | +€16,479 | +126% |
| Current portion of amounts payable after more than one year | 42 | €11,203 | €17,002 | +€5,799 | +51.8% |
| Trade debts | 44 | €1,910 | €7,128 | +€5,218 | +273% |
| Suppliers | 440/4 | €1,910 | €7,128 | +€5,218 | +273% |
| Taxes, remuneration and social security | 45 | €0 | €2,500 | +€2,500 | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €17 | €2,979 | +€2,962 | +17,374% |
| Accrued charges and deferred income | 492/3 | €35 | €0 | -€35 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,789 | €9,630 | -€159 | -1.6% |
| Other operating charges | 640/8 | €3,619 | €740 | -€2,879 | -79.5% |
| Gross operating margin | 9900 | €14,181 | -€2,478 | -€16,659 | |
| Operating profit (loss) | 9901 | €773 | -€12,848 | -€13,621 | |
| Financial income | 75/76B | €415 | - | -€415 | |
| Recurring financial income | 75 | €415 | - | -€415 | |
| Financial charges | 65/66B | €2,524 | €2,044 | -€480 | -19.0% |
| Recurring financial charges | 65 | €2,524 | €2,044 | -€480 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,336 | -€14,892 | -€13,556 | -1,015% |
| Profit (loss) for the period | 9904 | -€1,336 | -€14,892 | -€13,556 | -1,015% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,336 | -€14,892 | -€13,556 | -1,015% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.