ASSERMY: 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.
ASSERMY
Largest movements
- Tangible fixed assets -€14,279
down €14,279 (-9.7%), from €147,077 to €132,798
of which Land and buildings: -€13,121
- Other debts -€10,000
down €10,000 (-33.6%), from €29,775 to €19,775
- Reserves -€9,252
down €9,252 (-17.3%), from €53,357 to €44,105
of which Tax-exempt reserves: -€6,969
- Profit (loss) carried forward +€7,664
up €7,664 (+5.3%), from -€145,103 to -€137,439
- Taxes +€4,018
up €4,018 (+1138.2%), from €353 to €4,371
- Gross operating margin +€3,621
up €3,621 (+53.6%), from -€6,753 to -€3,132
- Other operating charges +€3,465
up €3,465 (+106.5%), from €3,255 to €6,720
- Financial income -€2,000
down €2,000 (-8.3%), from €24,000 to €22,000
- Staff costs -€969
down €969 (-96.4%), from €1,005 to €36
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 | €220,094 | €208,415 | -€11,679 | -5.3% |
| Fixed assets | 21/28 | €147,077 | €133,896 | -€13,181 | -9.0% |
| Tangible fixed assets | 22/27 | €147,077 | €132,798 | -€14,279 | -9.7% |
| Land and buildings | 22 | €138,977 | €125,856 | -€13,121 | -9.4% |
| Plant, machinery and equipment | 23 | €8,100 | €6,942 | -€1,158 | -14.3% |
| Financial fixed assets | 28 | - | €1,098 | +€1,098 | |
| Current assets | 29/58 | €73,017 | €74,519 | +€1,502 | +2.1% |
| Amounts receivable after more than one year | 29 | €1,600 | €1,600 | = | 0.0% |
| Trade receivables | 290 | €1,600 | - | -€1,600 | |
| Other amounts receivable | 291 | - | €1,600 | +€1,600 | |
| Cash at bank and in hand | 54/58 | €71,417 | €72,919 | +€1,502 | +2.1% |
| Total equity and liabilities | 10/49 | €220,094 | €208,415 | -€11,679 | -5.3% |
| Equity | 10/15 | -€29,773 | -€31,361 | -€1,588 | -5.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €53,357 | €44,105 | -€9,252 | -17.3% |
| Non-distributable reserves | 130/1 | €2,283 | - | -€2,283 | |
| Legal reserve | 130 | €2,283 | - | -€2,283 | |
| Tax-exempt reserves | 132 | €51,074 | €44,105 | -€6,969 | -13.6% |
| Profit (loss) carried forward | 14 | -€145,103 | -€137,439 | +€7,664 | +5.3% |
| Amounts payable | 17/49 | €249,867 | €239,776 | -€10,091 | -4.0% |
| Amounts payable after more than one year | 17 | €220,000 | €220,000 | = | 0.0% |
| Financial debts | 170/4 | €220,000 | €220,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,775 | €19,775 | -€10,000 | -33.6% |
| Other amounts payable | 47/48 | €29,775 | €19,775 | -€10,000 | -33.6% |
| Accrued charges and deferred income | 492/3 | €92 | €1 | -€91 | -98.9% |
| Remuneration, social security and pensions | 62 | €1,005 | €36 | -€969 | -96.4% |
| Other operating charges | 640/8 | €3,255 | €6,720 | +€3,465 | +106.5% |
| Gross operating margin | 9900 | -€6,753 | -€3,132 | +€3,621 | +53.6% |
| Operating profit (loss) | 9901 | -€11,013 | -€9,888 | +€1,125 | +10.2% |
| Financial income | 75/76B | €24,000 | €22,000 | -€2,000 | -8.3% |
| Recurring financial income | 75 | €24,000 | €22,000 | -€2,000 | -8.3% |
| Financial charges | 65/66B | €88 | €77 | -€11 | -12.5% |
| Recurring financial charges | 65 | €88 | €77 | -€11 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €12,899 | €12,035 | -€864 | -6.7% |
| Income taxes | 67/77 | €353 | €4,371 | +€4,018 | +1138.2% |
| Profit (loss) for the period | 9904 | €12,546 | €7,664 | -€4,882 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,546 | €7,664 | -€4,882 | -38.9% |
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 10 October 2026 via checked.be.