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ASSCOT: 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.

What changed

ASSCOT

BE 0447.778.625
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,270
2024 · €8,220+€13,050
Equity
€147,606
2024 · €126,336+€21,270
Cash
€79,948
2024 · €98,580-€18,632
Balance sheet total
€151,354
2024 · €155,450-€4,096

Largest movements

2024 to 2025
Assets
  • Cash -€18,632

    down €18,632 (-18.9%), from €98,580 to €79,948

    mainly Other debts (-€24,700) and Investment in fixed assets (net) (-€22,602)

  • Tangible fixed assets +€16,791

    up €16,791 (+31.5%), from €53,372 to €70,163

    of which Land and buildings: +€20,942

  • Receivables within one year -€2,255

    down €2,255 (-64.5%), from €3,498 to €1,243

    of which Other amounts receivable: -€2,428

Equity and liabilities
  • Other debts -€24,700

    down €24,700 (-86.8%), from €28,448 to €3,748

  • Profit (loss) carried forward +€21,270

    up €21,270 (+83.8%), from €25,391 to €46,661

Income statement
  • Gross operating margin +€19,218

    up €19,218 (+86.0%), from €22,341 to €41,559

  • Taxes +€4,350

    up €4,350 (+158.8%), from €2,740 to €7,090

  • Depreciation +€1,570

    up €1,570 (+37.0%), from €4,241 to €5,811

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,220
Gross operating margin +€19,218
Depreciation -€1,570
Other operating charges -€219
Financial charges -€29
Taxes -€4,350
Result 2025 €21,270

Cash bridge derived

cash 2024 to 2025

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.

From operations +€3,970
Investment -€22,602
Financing €0
Cash 2024 €98,580
Net result for the year +€21,270
Depreciation +€5,811
Receivables within one year +€2,255
Trade debts -€666
Other debts -€24,700
Investment in fixed assets (net) -€22,602
Cash 2025 €79,948
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €155,450 €151,354 -€4,096 -2.6%
Fixed assets 21/28 €53,372 €70,163 +€16,791 +31.5%
Tangible fixed assets 22/27 €53,372 €70,163 +€16,791 +31.5%
Land and buildings 22 €29,605 €50,547 +€20,942 +70.7%
Plant, machinery and equipment 23 €23,767 €19,616 -€4,151 -17.5%
Current assets 29/58 €102,078 €81,191 -€20,887 -20.5%
Amounts receivable within one year 40/41 €3,498 €1,243 -€2,255 -64.5%
Trade receivables 40 - €173 +€173
Other amounts receivable 41 €3,498 €1,070 -€2,428 -69.4%
Cash at bank and in hand 54/58 €98,580 €79,948 -€18,632 -18.9%
Total equity and liabilities 10/49 €155,450 €151,354 -€4,096 -2.6%
Equity 10/15 €126,336 €147,606 +€21,270 +16.8%
Contributions 10/11 €92,950 €92,950 = 0.0%
Capital 10 €92,950 €92,950 = 0.0%
Issued capital 100 €92,950 €92,950 = 0.0%
Reserves 13 €7,995 €7,995 = 0.0%
Non-distributable reserves 130/1 €7,995 €7,995 = 0.0%
Legal reserve 130 €7,995 €7,995 = 0.0%
Profit (loss) carried forward 14 €25,391 €46,661 +€21,270 +83.8%
Amounts payable 17/49 €29,114 €3,748 -€25,366 -87.1%
Amounts payable within one year 42/48 €29,114 €3,748 -€25,366 -87.1%
Trade debts 44 €666 - -€666
Suppliers 440/4 €666 - -€666
Other amounts payable 47/48 €28,448 €3,748 -€24,700 -86.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,241 €5,811 +€1,570 +37.0%
Other operating charges 640/8 €6,975 €7,194 +€219 +3.1%
Gross operating margin 9900 €22,341 €41,559 +€19,218 +86.0%
Operating profit (loss) 9901 €11,125 €28,554 +€17,429 +156.7%
Financial charges 65/66B €165 €194 +€29 +17.6%
Recurring financial charges 65 €165 €194 +€29 +17.6%
Profit (loss) for the period before taxes 9903 €10,960 €28,360 +€17,400 +158.8%
Income taxes 67/77 €2,740 €7,090 +€4,350 +158.8%
Profit (loss) for the period 9904 €8,220 €21,270 +€13,050 +158.8%
Profit (loss) for the period to be appropriated 9905 €8,220 €21,270 +€13,050 +158.8%

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 28 September 2026 via checked.be.