ASSEMBLICS: 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
ASSEMBLICS
NACE 26.200, Manufacture of computer, electronic and optical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€363,253
2024 · €415,171-€51,919
Equity
€2.3m
2024 · €2.1m+€162,655
Cash
€295,863
2024 · €484,137-€188,274
Balance sheet total
€4.2m
2024 · €3.8m+€365,539
Largest movements
Assets
- Receivables within one year +€339,964
up €339,964 (+21.6%), from €1.6m to €1.9m
of which Trade receivables: +€542,887
- Stocks and contracts +€227,053
up €227,053 (+17.5%), from €1.3m to €1.5m
of which Contracts in progress: +€114,358
- Cash -€188,274
down €188,274 (-38.9%), from €484,137 to €295,863
mainly Receivables within one year (-€339,964) and Stocks and contracts (-€227,053)
Equity and liabilities
- Advances received +€208,720
up €208,720 (+82.1%), from €254,338 to €463,059
- Profit (loss) carried forward +€162,655
up €162,655 (+9.1%), from €1.8m to €1.9m
- Tax, wage and social debts +€131,719
up €131,719 (+44.8%), from €293,901 to €425,620
of which Taxes: +€90,844
- Other debts -€123,259
down €123,259 (-37.4%), from €329,817 to €206,558
Income statement
- Gross operating margin -€69,870
down €69,870 (-3.3%), from €2.1m to €2.0m
- Taxes -€24,137
down €24,137 (-27.1%), from €89,173 to €65,035
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.
Result 2024
€415,171
Gross operating margin
-€69,870
Staff costs
-€1,575
Depreciation
+€20,074
Other operating charges
-€4,678
Financial income
-€4,012
Financial charges
-€15,995
Taxes
+€24,137
Result 2025
€363,253
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.
From operations
+€218,944
Investment
-€188,972
Financing
-€218,246
Cash 2024
€484,137
From operations (derived)
+€218,944
Net result for the year
+€363,253
Depreciation
+€204,052
Stocks and contracts
-€227,053
Receivables within one year
-€339,964
Deferred charges and accrued income
-€1,876
Trade debts
+€4,524
Tax, wage and social debts
+€131,719
Advances received
+€208,720
Other debts
-€123,259
Accrued charges and deferred income
-€1,172
Investment (derived)
-€188,972
Investment in fixed assets (net)
-€188,972
Financing
-€218,246
Debts after one year
+€2,769
Current portion of long-term debt
-€20,418
Contributions, distributions and other
-€200,597
Cash 2025
€295,863
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,788,451 | €4,153,990 | +€365,539 | +9.6% |
| Fixed assets | 21/28 | €411,461 | €396,381 | -€15,080 | -3.7% |
| Tangible fixed assets | 22/27 | €411,199 | €396,119 | -€15,080 | -3.7% |
| Plant, machinery and equipment | 23 | €154,084 | €154,014 | -€70 | 0.0% |
| Furniture and vehicles | 24 | €2,997 | €2,245 | -€752 | -25.1% |
| Leasing and similar rights | 25 | €242,797 | €230,015 | -€12,782 | -5.3% |
| Other tangible fixed assets | 26 | €11,322 | €9,845 | -€1,477 | -13.0% |
| Financial fixed assets | 28 | €262 | €262 | = | 0.0% |
| Current assets | 29/58 | €3,376,990 | €3,757,609 | +€380,619 | +11.3% |
| Stocks and contracts in progress | 3 | €1,300,458 | €1,527,512 | +€227,053 | +17.5% |
| Stocks | 30/36 | €872,683 | €985,379 | +€112,695 | +12.9% |
| Contracts in progress | 37 | €427,775 | €542,133 | +€114,358 | +26.7% |
| Amounts receivable within one year | 40/41 | €1,575,106 | €1,915,069 | +€339,964 | +21.6% |
| Trade receivables | 40 | €709,828 | €1,252,715 | +€542,887 | +76.5% |
| Other amounts receivable | 41 | €865,277 | €662,354 | -€202,923 | -23.5% |
| Cash at bank and in hand | 54/58 | €484,137 | €295,863 | -€188,274 | -38.9% |
| Deferred charges and accrued income | 490/1 | €17,289 | €19,165 | +€1,876 | +10.9% |
| Total equity and liabilities | 10/49 | €3,788,451 | €4,153,990 | +€365,539 | +9.6% |
| Equity | 10/15 | €2,137,139 | €2,299,795 | +€162,655 | +7.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,787,139 | €1,949,795 | +€162,655 | +9.1% |
| Amounts payable | 17/49 | €1,651,312 | €1,854,195 | +€202,883 | +12.3% |
| Amounts payable after more than one year | 17 | €130,405 | €133,174 | +€2,769 | +2.1% |
| Financial debts | 170/4 | €130,405 | €133,174 | +€2,769 | +2.1% |
| Amounts payable within one year | 42/48 | €1,498,615 | €1,699,901 | +€201,286 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €122,879 | €102,461 | -€20,418 | -16.6% |
| Trade debts | 44 | €497,680 | €502,204 | +€4,524 | +0.9% |
| Suppliers | 440/4 | €497,680 | €502,204 | +€4,524 | +0.9% |
| Advances received on contracts in progress | 46 | €254,338 | €463,059 | +€208,720 | +82.1% |
| Taxes, remuneration and social security | 45 | €293,901 | €425,620 | +€131,719 | +44.8% |
| Taxes | 450/3 | €84,810 | €175,654 | +€90,844 | +107.1% |
| Remuneration and social security | 454/9 | €209,091 | €249,967 | +€40,875 | +19.5% |
| Other amounts payable | 47/48 | €329,817 | €206,558 | -€123,259 | -37.4% |
| Accrued charges and deferred income | 492/3 | €22,292 | €21,120 | -€1,172 | -5.3% |
| Remuneration, social security and pensions | 62 | €1,382,478 | €1,384,053 | +€1,575 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,127 | €204,052 | -€20,074 | -9.0% |
| Other operating charges | 640/8 | €4,239 | €8,917 | +€4,678 | +110.4% |
| Gross operating margin | 9900 | €2,111,321 | €2,041,451 | -€69,870 | -3.3% |
| Operating profit (loss) | 9901 | €500,478 | €444,429 | -€56,049 | -11.2% |
| Financial income | 75/76B | €22,440 | €18,428 | -€4,012 | -17.9% |
| Recurring financial income | 75 | €22,440 | €18,428 | -€4,012 | -17.9% |
| Financial charges | 65/66B | €18,574 | €34,569 | +€15,995 | +86.1% |
| Recurring financial charges | 65 | €18,574 | €34,569 | +€15,995 | +86.1% |
| Profit (loss) for the period before taxes | 9903 | €504,344 | €428,288 | -€76,056 | -15.1% |
| Income taxes | 67/77 | €89,173 | €65,035 | -€24,137 | -27.1% |
| Profit (loss) for the period | 9904 | €415,171 | €363,253 | -€51,919 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €415,171 | €363,253 | -€51,919 | -12.5% |
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 4 October 2026 via checked.be.