ASSANOVA: 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.
ASSANOVA
Largest movements
- Receivables within one year -€251,438
down €251,438 (-83.9%), from €299,574 to €48,136
of which Trade receivables: -€254,499
- Stocks and contracts +€42,292
new in 2025: €42,292
of which Contracts in progress: +€40,546
- Cash +€22,291
up €22,291 (+257.3%), from €8,663 to €30,954
mainly Receivables within one year (+€251,438) and Depreciation (+€6,079)
- Tangible fixed assets -€6,079
down €6,079 (-54.8%), from €11,102 to €5,023
- Trade debts -€109,152
down €109,152 (-54.0%), from €201,976 to €92,824
- Tax, wage and social debts -€39,647
down €39,647 (-95.8%), from €41,369 to €1,722
of which Taxes: -€29,758
- Profit (loss) carried forward -€27,079
down €27,079 (-21.8%), from €124,328 to €97,249
- Debts after one year -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Other debts -€5,356
down €5,356 (-10.2%), from €52,306 to €46,950
- Gross operating margin -€99,454
down €99,454, from €74,946 to -€24,508
- Other operating charges -€37,299
down €37,299 (-100.0%), from €37,299 to €0
- Taxes -€9,070
down €9,070 (-94.7%), from €9,574 to €504
- Depreciation +€6,079
new in 2025: €6,079
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 | €439,739 | €246,806 | -€192,934 | -43.9% |
| Fixed assets | 21/28 | €11,102 | €5,023 | -€6,079 | -54.8% |
| Tangible fixed assets | 22/27 | €11,102 | €5,023 | -€6,079 | -54.8% |
| Furniture and vehicles | 24 | €11,102 | €5,023 | -€6,079 | -54.8% |
| Current assets | 29/58 | €428,637 | €241,782 | -€186,855 | -43.6% |
| Amounts receivable after more than one year | 29 | €120,400 | €120,400 | = | 0.0% |
| Other amounts receivable | 291 | €120,400 | €120,400 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €42,292 | +€42,292 | |
| Stocks | 30/36 | - | €1,746 | +€1,746 | |
| Contracts in progress | 37 | - | €40,546 | +€40,546 | |
| Amounts receivable within one year | 40/41 | €299,574 | €48,136 | -€251,438 | -83.9% |
| Trade receivables | 40 | €269,635 | €15,136 | -€254,499 | -94.4% |
| Other amounts receivable | 41 | €29,938 | €33,000 | +€3,061 | +10.2% |
| Cash at bank and in hand | 54/58 | €8,663 | €30,954 | +€22,291 | +257.3% |
| Total equity and liabilities | 10/49 | €439,739 | €246,806 | -€192,934 | -43.9% |
| Equity | 10/15 | €132,388 | €105,309 | -€27,079 | -20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €124,328 | €97,249 | -€27,079 | -21.8% |
| Amounts payable | 17/49 | €307,351 | €141,496 | -€165,855 | -54.0% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100.0% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100.0% |
| Amounts payable within one year | 42/48 | €297,351 | €141,496 | -€155,855 | -52.4% |
| Trade debts | 44 | €201,976 | €92,824 | -€109,152 | -54.0% |
| Suppliers | 440/4 | €201,976 | €92,824 | -€109,152 | -54.0% |
| Advances received on contracts in progress | 46 | €1,700 | €0 | -€1,700 | -100.0% |
| Taxes, remuneration and social security | 45 | €41,369 | €1,722 | -€39,647 | -95.8% |
| Taxes | 450/3 | €31,481 | €1,722 | -€29,758 | -94.5% |
| Remuneration and social security | 454/9 | €9,888 | €0 | -€9,888 | -100.0% |
| Other amounts payable | 47/48 | €52,306 | €46,950 | -€5,356 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,079 | +€6,079 | |
| Other operating charges | 640/8 | €37,299 | €0 | -€37,299 | -100.0% |
| Gross operating margin | 9900 | €74,946 | -€24,508 | -€99,454 | |
| Operating profit (loss) | 9901 | €37,647 | -€30,586 | -€68,234 | |
| Financial income | 75/76B | €4,878 | €4,997 | +€119 | +2.4% |
| Recurring financial income | 75 | €4,878 | €4,997 | +€119 | +2.4% |
| Financial charges | 65/66B | €470 | €985 | +€515 | +109.5% |
| Recurring financial charges | 65 | €470 | €985 | +€515 | +109.5% |
| Profit (loss) for the period before taxes | 9903 | €42,055 | -€26,574 | -€68,630 | |
| Income taxes | 67/77 | €9,574 | €504 | -€9,070 | -94.7% |
| Profit (loss) for the period | 9904 | €32,482 | -€27,079 | -€59,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,482 | -€27,079 | -€59,560 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.