ASS: 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.
ASS
Largest movements
- Receivables within one year -€44,254
down €44,254 (-32.2%), from €137,227 to €92,973
of which Trade receivables: -€43,173
- Stocks and contracts +€36,000
new in 2025: €36,000
- Deferred charges and accrued income +€35,000
new in 2025: €35,000
- Tangible fixed assets -€13,948
down €13,948 (-88.9%), from €15,698 to €1,750
of which Other tangible fixed assets: -€12,198
- Other debts +€35,627
up €35,627 (+376.3%), from €9,468 to €45,095
- Short-term financial debts -€20,246
down €20,246 (-36.7%), from €55,129 to €34,882
- Trade debts +€10,337
up €10,337 (+102.8%), from €10,052 to €20,389
- Debts after one year -€10,281
down €10,281 (-20.0%), from €51,362 to €41,081
- Profit (loss) carried forward -€2,563
down €2,563 (-9.7%), from -€26,536 to -€29,099
- Gross operating margin +€22,957
up €22,957 (+1331.1%), from €1,725 to €24,682
- Depreciation -€5,100
down €5,100 (-26.8%), from €19,048 to €13,948
- Financial charges +€2,267
up €2,267 (+26.8%), from €8,464 to €10,731
- Other operating charges +€672
up €672 (+34.6%), from €1,942 to €2,614
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 | €152,925 | €165,725 | +€12,800 | +8.4% |
| Fixed assets | 21/28 | €15,698 | €1,750 | -€13,948 | -88.9% |
| Tangible fixed assets | 22/27 | €15,698 | €1,750 | -€13,948 | -88.9% |
| Furniture and vehicles | 24 | €3,500 | €1,750 | -€1,750 | -50.0% |
| Other tangible fixed assets | 26 | €12,198 | - | -€12,198 | |
| Current assets | 29/58 | €137,227 | €163,975 | +€26,748 | +19.5% |
| Stocks and contracts in progress | 3 | - | €36,000 | +€36,000 | |
| Stocks | 30/36 | - | €36,000 | +€36,000 | |
| Amounts receivable within one year | 40/41 | €137,227 | €92,973 | -€44,254 | -32.2% |
| Trade receivables | 40 | €135,463 | €92,290 | -€43,173 | -31.9% |
| Other amounts receivable | 41 | €1,763 | €683 | -€1,080 | -61.3% |
| Cash at bank and in hand | 54/58 | - | €2 | +€2 | |
| Deferred charges and accrued income | 490/1 | - | €35,000 | +€35,000 | |
| Total equity and liabilities | 10/49 | €152,925 | €165,725 | +€12,800 | +8.4% |
| Equity | 10/15 | €13,815 | €11,253 | -€2,563 | -18.6% |
| Contributions | 10/11 | €16,700 | €16,700 | = | 0.0% |
| Reserves | 13 | €23,652 | €23,652 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,792 | €21,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,536 | -€29,099 | -€2,563 | -9.7% |
| Amounts payable | 17/49 | €139,110 | €154,472 | +€15,363 | +11.0% |
| Amounts payable after more than one year | 17 | €51,362 | €41,081 | -€10,281 | -20.0% |
| Financial debts | 170/4 | €51,362 | €41,081 | -€10,281 | -20.0% |
| Amounts payable within one year | 42/48 | €87,748 | €113,392 | +€25,644 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €13,099 | €13,026 | -€73 | -0.6% |
| Financial debts | 43 | €55,129 | €34,882 | -€20,246 | -36.7% |
| Credit institutions | 430/8 | €55,129 | €34,882 | -€20,246 | -36.7% |
| Trade debts | 44 | €10,052 | €20,389 | +€10,337 | +102.8% |
| Suppliers | 440/4 | €10,052 | €20,389 | +€10,337 | +102.8% |
| Other amounts payable | 47/48 | €9,468 | €45,095 | +€35,627 | +376.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,048 | €13,948 | -€5,100 | -26.8% |
| Other operating charges | 640/8 | €1,942 | €2,614 | +€672 | +34.6% |
| Gross operating margin | 9900 | €1,725 | €24,682 | +€22,957 | +1331.1% |
| Operating profit (loss) | 9901 | -€19,265 | €8,120 | +€27,385 | |
| Financial income | 75/76B | €31 | €48 | +€18 | +56.9% |
| Recurring financial income | 75 | €31 | €48 | +€18 | +56.9% |
| Financial charges | 65/66B | €8,464 | €10,731 | +€2,267 | +26.8% |
| Recurring financial charges | 65 | €8,464 | €10,731 | +€2,267 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,698 | -€2,563 | +€25,135 | +90.7% |
| Profit (loss) for the period | 9904 | -€27,698 | -€2,563 | +€25,135 | +90.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,698 | -€2,563 | +€25,135 | +90.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.