ASSANABEL: 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.
ASSANABEL
Largest movements
- Cash +€26,058
up €26,058 (+64.1%), from €40,681 to €66,739
mainly Depreciation (+€20,708) and Other debts (+€19,866)
- Receivables within one year +€14,186
up €14,186 (+279.0%), from €5,084 to €19,270
of which Trade receivables: +€12,670
- Intangible fixed assets +€1,941
new in 2024: €1,941
- Stocks and contracts -€1,507
down €1,507 (-5.6%), from €26,892 to €25,385
- Other debts +€19,866
up €19,866 (+57.3%), from €34,642 to €54,508
- Profit (loss) carried forward +€11,967
up €11,967 (+45.9%), from -€26,063 to -€14,097
- Trade debts +€5,231
up €5,231 (+6.6%), from €79,212 to €84,443
- Tax, wage and social debts +€3,140
up €3,140 (+36.8%), from €8,524 to €11,663
of which Remuneration and social security: +€5,922
- Gross operating margin +€33,055
up €33,055 (+48.3%), from €68,465 to €101,521
- Staff costs +€20,941
up €20,941 (+48.7%), from €43,001 to €63,942
- Depreciation +€6,133
up €6,133 (+42.1%), from €14,574 to €20,708
- Taxes +€1,973
up €1,973 (+91.3%), from €2,160 to €4,133
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,452 | €149,655 | +€40,203 | +36.7% |
| Fixed assets | 21/28 | €36,795 | €38,262 | +€1,467 | +4.0% |
| Intangible fixed assets | 21 | - | €1,941 | +€1,941 | |
| Tangible fixed assets | 22/27 | €30,795 | €30,321 | -€474 | -1.5% |
| Plant, machinery and equipment | 23 | €10,188 | €5,976 | -€4,211 | -41.3% |
| Furniture and vehicles | 24 | - | €11,380 | +€11,380 | |
| Other tangible fixed assets | 26 | €20,608 | €12,965 | -€7,643 | -37.1% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €72,656 | €111,393 | +€38,737 | +53.3% |
| Stocks and contracts in progress | 3 | €26,892 | €25,385 | -€1,507 | -5.6% |
| Stocks | 30/36 | €26,892 | €25,385 | -€1,507 | -5.6% |
| Amounts receivable within one year | 40/41 | €5,084 | €19,270 | +€14,186 | +279.0% |
| Trade receivables | 40 | €5,021 | €17,691 | +€12,670 | +252.4% |
| Other amounts receivable | 41 | €63 | €1,578 | +€1,515 | +2405.3% |
| Cash at bank and in hand | 54/58 | €40,681 | €66,739 | +€26,058 | +64.1% |
| Total equity and liabilities | 10/49 | €109,452 | €149,655 | +€40,203 | +36.7% |
| Equity | 10/15 | -€12,926 | -€959 | +€11,967 | +92.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €737 | €737 | = | 0.0% |
| Non-distributable reserves | 130/1 | €737 | €737 | = | 0.0% |
| Reserves not available under the articles | 1311 | €737 | €737 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,063 | -€14,097 | +€11,967 | +45.9% |
| Amounts payable | 17/49 | €122,378 | €150,614 | +€28,237 | +23.1% |
| Amounts payable within one year | 42/48 | €122,378 | €150,614 | +€28,237 | +23.1% |
| Trade debts | 44 | €79,212 | €84,443 | +€5,231 | +6.6% |
| Suppliers | 440/4 | €79,212 | €84,443 | +€5,231 | +6.6% |
| Taxes, remuneration and social security | 45 | €8,524 | €11,663 | +€3,140 | +36.8% |
| Taxes | 450/3 | €2,782 | - | -€2,782 | |
| Remuneration and social security | 454/9 | €5,741 | €11,663 | +€5,922 | +103.2% |
| Other amounts payable | 47/48 | €34,642 | €54,508 | +€19,866 | +57.3% |
| Remuneration, social security and pensions | 62 | €43,001 | €63,942 | +€20,941 | +48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,574 | €20,708 | +€6,133 | +42.1% |
| Other operating charges | 640/8 | - | €609 | +€609 | |
| Gross operating margin | 9900 | €68,465 | €101,521 | +€33,055 | +48.3% |
| Operating profit (loss) | 9901 | €10,890 | €16,261 | +€5,371 | +49.3% |
| Financial charges | 65/66B | €332 | €162 | -€170 | -51.3% |
| Recurring financial charges | 65 | €332 | €162 | -€170 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €10,558 | €16,100 | +€5,542 | +52.5% |
| Income taxes | 67/77 | €2,160 | €4,133 | +€1,973 | +91.3% |
| Profit (loss) for the period | 9904 | €8,398 | €11,967 | +€3,569 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,398 | €11,967 | +€3,569 | +42.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.