ASSELBERGHS BOUWONDERNEMING: 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.
ASSELBERGHS BOUWONDERNEMING
Largest movements
- Stocks and contracts -€48,825
down €48,825 (-12.7%), from €385,602 to €336,777
- Cash +€35,480
up €35,480 (+172%), from €20,618 to €56,099
mainly Trade debts (+€67,939) and Stocks and contracts (+€48,825)
- Tangible fixed assets -€29,581
down €29,581 (-50.9%), from €58,059 to €28,478
of which Furniture and vehicles: -€16,081
- Receivables within one year +€17,618
up €17,618 (+38.8%), from €45,394 to €63,012
of which Trade receivables: +€17,770
- Other debts -€151,524
down €151,524 (-64.7%), from €234,024 to €82,500
- Trade debts +€67,939
up €67,939 (+229%), from €29,706 to €97,645
- Current portion of long-term debt +€36,820
up €36,820 (+363%), from €10,153 to €46,973
- Reserves +€21,449
up €21,449 (+11.4%), from €188,213 to €209,662
of which Distributable reserves: +€21,449
- Gross operating margin -€101,875
down €101,875 (-38.8%), from €262,618 to €160,743
- Staff costs -€22,720
down €22,720 (-19.3%), from €117,515 to €94,795
- Taxes -€8,800
down €8,800 (-40.8%), from €21,560 to €12,761
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 | €509,762 | €484,517 | -€25,244 | -5.0% |
| Fixed assets | 21/28 | €58,059 | €28,478 | -€29,581 | -50.9% |
| Tangible fixed assets | 22/27 | €58,059 | €28,478 | -€29,581 | -50.9% |
| Land and buildings | 22 | €23,562 | €11,781 | -€11,781 | -50.0% |
| Plant, machinery and equipment | 23 | €3,941 | €2,222 | -€1,719 | -43.6% |
| Furniture and vehicles | 24 | €30,556 | €14,475 | -€16,081 | -52.6% |
| Current assets | 29/58 | €451,703 | €456,039 | +€4,337 | +1.0% |
| Stocks and contracts in progress | 3 | €385,602 | €336,777 | -€48,825 | -12.7% |
| Stocks | 30/36 | €385,602 | €336,777 | -€48,825 | -12.7% |
| Amounts receivable within one year | 40/41 | €45,394 | €63,012 | +€17,618 | +38.8% |
| Trade receivables | 40 | €12,298 | €30,067 | +€17,770 | +144% |
| Other amounts receivable | 41 | €33,096 | €32,945 | -€151 | -0.5% |
| Cash at bank and in hand | 54/58 | €20,618 | €56,099 | +€35,480 | +172% |
| Deferred charges and accrued income | 490/1 | €89 | €152 | +€63 | +70.8% |
| Total equity and liabilities | 10/49 | €509,762 | €484,517 | -€25,244 | -5.0% |
| Equity | 10/15 | €206,813 | €228,262 | +€21,449 | +10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €188,213 | €209,662 | +€21,449 | +11.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,766 | €8,766 | = | 0.0% |
| Distributable reserves | 133 | €177,587 | €199,036 | +€21,449 | +12.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €302,949 | €256,256 | -€46,693 | -15.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €302,949 | €256,256 | -€46,693 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €10,153 | €46,973 | +€36,820 | +363% |
| Trade debts | 44 | €29,706 | €97,645 | +€67,939 | +229% |
| Suppliers | 440/4 | €29,706 | €97,645 | +€67,939 | +229% |
| Taxes, remuneration and social security | 45 | €29,065 | €29,137 | +€72 | +0.2% |
| Taxes | 450/3 | €25,325 | €26,676 | +€1,350 | +5.3% |
| Remuneration and social security | 454/9 | €3,740 | €2,462 | -€1,278 | -34.2% |
| Other amounts payable | 47/48 | €234,024 | €82,500 | -€151,524 | -64.7% |
| Remuneration, social security and pensions | 62 | €117,515 | €94,795 | -€22,720 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,581 | €29,581 | = | 0.0% |
| Other operating charges | 640/8 | €2,745 | €2,990 | +€246 | +8.9% |
| Gross operating margin | 9900 | €262,618 | €160,743 | -€101,875 | -38.8% |
| Operating profit (loss) | 9901 | €112,778 | €33,377 | -€79,400 | -70.4% |
| Financial income | 75/76B | €4,495 | €3,183 | -€1,312 | -29.2% |
| Recurring financial income | 75 | €4,495 | €3,183 | -€1,312 | -29.2% |
| Financial charges | 65/66B | €947 | €2,351 | +€1,405 | +148% |
| Recurring financial charges | 65 | €947 | €2,351 | +€1,405 | +148% |
| Profit (loss) for the period before taxes | 9903 | €116,326 | €34,209 | -€82,117 | -70.6% |
| Income taxes | 67/77 | €21,560 | €12,761 | -€8,800 | -40.8% |
| Profit (loss) for the period | 9904 | €94,766 | €21,449 | -€73,318 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,766 | €21,449 | -€73,318 | -77.4% |
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 24 October 2026 via checked.be.