ASSAEVE: 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.
ASSAEVE
Largest movements
- Receivables within one year -€145,739
down €145,739 (-69.6%), from €209,273 to €63,534
of which Trade receivables: -€152,779
- Tangible fixed assets -€33,567
down €33,567 (-5.9%), from €566,290 to €532,724
- Other debts -€105,844
down €105,844 (-18.5%), from €573,445 to €467,601
- Profit (loss) carried forward -€54,759
down €54,759 (-28.1%), from -€194,900 to -€249,659
- Tax, wage and social debts -€13,531
no longer reported in 2025 (was €13,531)
- Gross operating margin -€41,974
down €41,974, from €31,043 to -€10,930
- Other operating charges +€1,643
up €1,643 (+21.0%), from €7,834 to €9,478
- Financial charges +€344
up €344 (+78.1%), from €441 to €784
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 | €782,709 | €600,428 | -€182,281 | -23.3% |
| Fixed assets | 21/28 | €566,290 | €532,724 | -€33,567 | -5.9% |
| Tangible fixed assets | 22/27 | €566,290 | €532,724 | -€33,567 | -5.9% |
| Land and buildings | 22 | €566,290 | €532,724 | -€33,567 | -5.9% |
| Current assets | 29/58 | €216,418 | €67,704 | -€148,714 | -68.7% |
| Amounts receivable within one year | 40/41 | €209,273 | €63,534 | -€145,739 | -69.6% |
| Trade receivables | 40 | €152,779 | - | -€152,779 | |
| Other amounts receivable | 41 | €56,494 | €63,534 | +€7,041 | +12.5% |
| Cash at bank and in hand | 54/58 | €5,630 | €2,028 | -€3,603 | -64.0% |
| Deferred charges and accrued income | 490/1 | €1,515 | €2,142 | +€627 | +41.4% |
| Total equity and liabilities | 10/49 | €782,709 | €600,428 | -€182,281 | -23.3% |
| Equity | 10/15 | €175,746 | €120,987 | -€54,759 | -31.2% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Revaluation surpluses | 12 | €272,683 | €272,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,900 | -€249,659 | -€54,759 | -28.1% |
| Investment grants | 15 | €11,200 | €11,200 | = | 0.0% |
| Amounts payable | 17/49 | €606,963 | €479,441 | -€127,522 | -21.0% |
| Amounts payable within one year | 42/48 | €606,963 | €479,441 | -€127,522 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | - | -€7,500 | |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €12,485 | €11,840 | -€646 | -5.2% |
| Suppliers | 440/4 | €12,485 | €11,840 | -€646 | -5.2% |
| Taxes, remuneration and social security | 45 | €13,531 | - | -€13,531 | |
| Taxes | 450/3 | €13,531 | - | -€13,531 | |
| Other amounts payable | 47/48 | €573,445 | €467,601 | -€105,844 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,567 | €33,567 | = | 0.0% |
| Other operating charges | 640/8 | €7,834 | €9,478 | +€1,643 | +21.0% |
| Gross operating margin | 9900 | €31,043 | -€10,930 | -€41,974 | |
| Operating profit (loss) | 9901 | -€10,358 | -€53,975 | -€43,617 | -421% |
| Financial charges | 65/66B | €441 | €784 | +€344 | +78.1% |
| Recurring financial charges | 65 | €441 | €784 | +€344 | +78.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,799 | -€54,759 | -€43,961 | -407% |
| Profit (loss) for the period | 9904 | -€10,799 | -€54,759 | -€43,961 | -407% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,799 | -€54,759 | -€43,961 | -407% |
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 16 October 2026 via checked.be.