Assacc: 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.
Assacc
Largest movements
- Tangible fixed assets -€106,176
down €106,176 (-6.2%), from €1.7m to €1.6m
of which Land and buildings: -€103,935
- Current investments +€55,095
up €55,095 (+13.2%), from €416,906 to €472,001
- Receivables within one year -€53,080
down €53,080 (-28.2%), from €187,957 to €134,877
of which Trade receivables: -€56,180
- Other debts -€110,304
down €110,304 (-11.2%), from €984,108 to €873,805
- Gross operating margin -€44,741
down €44,741 (-23.6%), from €189,581 to €144,840
- Depreciation -€33,337
down €33,337 (-23.7%), from €140,421 to €107,085
- Financial income -€13,161
down €13,161 (-49.7%), from €26,490 to €13,329
- Financial charges -€5,085
down €5,085 (-92.8%), from €5,478 to €393
- Taxes -€4,689
down €4,689 (-24.8%), from €18,894 to €14,205
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,853,175 | €2,755,309 | -€97,866 | -3.4% |
| Fixed assets | 21/28 | €1,725,781 | €1,619,605 | -€106,176 | -6.2% |
| Tangible fixed assets | 22/27 | €1,725,781 | €1,619,605 | -€106,176 | -6.2% |
| Land and buildings | 22 | €1,719,677 | €1,615,742 | -€103,935 | -6.0% |
| Plant, machinery and equipment | 23 | €2,367 | €2,379 | +€12 | +0.5% |
| Furniture and vehicles | 24 | €3,738 | €1,484 | -€2,253 | -60.3% |
| Current assets | 29/58 | €1,127,393 | €1,135,704 | +€8,311 | +0.7% |
| Amounts receivable after more than one year | 29 | €293,750 | €293,750 | = | 0.0% |
| Other amounts receivable | 291 | €293,750 | €293,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €187,957 | €134,877 | -€53,080 | -28.2% |
| Trade receivables | 40 | €61,057 | €4,877 | -€56,180 | -92.0% |
| Other amounts receivable | 41 | €126,900 | €130,000 | +€3,100 | +2.4% |
| Current investments | 50/53 | €416,906 | €472,001 | +€55,095 | +13.2% |
| Cash at bank and in hand | 54/58 | €225,947 | €230,901 | +€4,954 | +2.2% |
| Deferred charges and accrued income | 490/1 | €2,833 | €4,174 | +€1,341 | +47.3% |
| Total equity and liabilities | 10/49 | €2,853,175 | €2,755,309 | -€97,866 | -3.4% |
| Equity | 10/15 | €1,836,640 | €1,862,768 | +€26,128 | +1.4% |
| Contributions | 10/11 | €1,168,791 | €1,168,791 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Outside capital | 11 | €268,791 | €268,791 | = | 0.0% |
| Share premium | 1100/10 | €268,791 | €268,791 | = | 0.0% |
| Reserves | 13 | €676,591 | €702,591 | +€26,000 | +3.8% |
| Non-distributable reserves | 130/1 | €90,000 | €90,000 | = | 0.0% |
| Legal reserve | 130 | €90,000 | €90,000 | = | 0.0% |
| Distributable reserves | 133 | €586,591 | €612,591 | +€26,000 | +4.4% |
| Profit (loss) carried forward | 14 | -€8,742 | -€8,614 | +€128 | +1.5% |
| Amounts payable | 17/49 | €1,016,535 | €892,541 | -€123,994 | -12.2% |
| Amounts payable within one year | 42/48 | €1,016,535 | €892,541 | -€123,994 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €17,766 | - | -€17,766 | |
| Trade debts | 44 | €11,917 | €13,298 | +€1,381 | +11.6% |
| Suppliers | 440/4 | €11,917 | €13,298 | +€1,381 | +11.6% |
| Taxes, remuneration and social security | 45 | €2,743 | €5,438 | +€2,695 | +98.3% |
| Taxes | 450/3 | €2,743 | €5,438 | +€2,695 | +98.3% |
| Other amounts payable | 47/48 | €984,108 | €873,805 | -€110,304 | -11.2% |
| Non-recurring operating income | 76A | - | €10,744 | +€10,744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,421 | €107,085 | -€33,337 | -23.7% |
| Other operating charges | 640/8 | €9,995 | €10,359 | +€364 | +3.6% |
| Gross operating margin | 9900 | €189,581 | €144,840 | -€44,741 | -23.6% |
| Operating profit (loss) | 9901 | €39,165 | €27,397 | -€11,769 | -30.0% |
| Financial income | 75/76B | €26,490 | €13,329 | -€13,161 | -49.7% |
| Recurring financial income | 75 | €26,490 | €13,329 | -€13,161 | -49.7% |
| Financial charges | 65/66B | €5,478 | €393 | -€5,085 | -92.8% |
| Recurring financial charges | 65 | €5,478 | €393 | -€5,085 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €60,177 | €40,333 | -€19,845 | -33.0% |
| Income taxes | 67/77 | €18,894 | €14,205 | -€4,689 | -24.8% |
| Profit (loss) for the period | 9904 | €41,283 | €26,128 | -€15,156 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,283 | €26,128 | -€15,156 | -36.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.