ASSESCO: 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.
ASSESCO
Largest movements
- Receivables within one year -€85,917
down €85,917 (-64.8%), from €132,615 to €46,698
of which Trade receivables: -€88,852
- Tangible fixed assets -€20,863
down €20,863 (-27.4%), from €76,276 to €55,414
- Cash +€13,477
up €13,477 (+607.0%), from €2,220 to €15,697
mainly Receivables within one year (+€85,917) and Depreciation (+€20,863)
- Stocks and contracts +€9,951
new in 2024: €9,951
- Trade debts -€83,939
down €83,939 (-69.8%), from €120,224 to €36,286
- Tax, wage and social debts -€4,222
down €4,222 (-31.6%), from €13,362 to €9,140
- Other debts +€3,802
up €3,802 (+83.3%), from €4,566 to €8,368
- Gross operating margin -€50,646
down €50,646 (-46.9%), from €107,936 to €57,290
- Staff costs -€27,059
down €27,059 (-44.1%), from €61,314 to €34,255
- Taxes -€8,355
down €8,355 (-95.5%), from €8,748 to €392
- Depreciation +€7,231
up €7,231 (+53.0%), from €13,632 to €20,863
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,235 | €127,883 | -€83,352 | -39.5% |
| Fixed assets | 21/28 | €76,276 | €55,414 | -€20,863 | -27.4% |
| Tangible fixed assets | 22/27 | €76,276 | €55,414 | -€20,863 | -27.4% |
| Furniture and vehicles | 24 | €76,276 | €55,414 | -€20,863 | -27.4% |
| Current assets | 29/58 | €134,959 | €72,469 | -€62,489 | -46.3% |
| Stocks and contracts in progress | 3 | - | €9,951 | +€9,951 | |
| Stocks | 30/36 | - | €9,951 | +€9,951 | |
| Amounts receivable within one year | 40/41 | €132,615 | €46,698 | -€85,917 | -64.8% |
| Trade receivables | 40 | €123,360 | €34,508 | -€88,852 | -72.0% |
| Other amounts receivable | 41 | €9,255 | €12,190 | +€2,935 | +31.7% |
| Cash at bank and in hand | 54/58 | €2,220 | €15,697 | +€13,477 | +607.0% |
| Deferred charges and accrued income | 490/1 | €124 | €124 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €211,235 | €127,883 | -€83,352 | -39.5% |
| Equity | 10/15 | €73,083 | €74,090 | +€1,007 | +1.4% |
| Contributions | 10/11 | €7,597 | €7,597 | = | 0.0% |
| Reserves | 13 | €13,486 | €13,486 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €11,626 | €11,626 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,000 | €53,007 | +€1,007 | +1.9% |
| Amounts payable | 17/49 | €138,152 | €53,793 | -€84,359 | -61.1% |
| Amounts payable within one year | 42/48 | €138,152 | €53,793 | -€84,359 | -61.1% |
| Trade debts | 44 | €120,224 | €36,286 | -€83,939 | -69.8% |
| Suppliers | 440/4 | €120,224 | €36,286 | -€83,939 | -69.8% |
| Taxes, remuneration and social security | 45 | €13,362 | €9,140 | -€4,222 | -31.6% |
| Taxes | 450/3 | €13,362 | €9,140 | -€4,222 | -31.6% |
| Other amounts payable | 47/48 | €4,566 | €8,368 | +€3,802 | +83.3% |
| Remuneration, social security and pensions | 62 | €61,314 | €34,255 | -€27,059 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,632 | €20,863 | +€7,231 | +53.0% |
| Other operating charges | 640/8 | €50 | €329 | +€279 | +558.5% |
| Gross operating margin | 9900 | €107,936 | €57,290 | -€50,646 | -46.9% |
| Operating profit (loss) | 9901 | €32,940 | €1,843 | -€31,097 | -94.4% |
| Financial income | 75/76B | €6 | €119 | +€113 | +2009.8% |
| Recurring financial income | 75 | €6 | €119 | +€113 | +2009.8% |
| Financial charges | 65/66B | €231 | €563 | +€332 | +143.9% |
| Recurring financial charges | 65 | €231 | €563 | +€332 | +143.9% |
| Profit (loss) for the period before taxes | 9903 | €32,715 | €1,399 | -€31,316 | -95.7% |
| Income taxes | 67/77 | €8,748 | €392 | -€8,355 | -95.5% |
| Profit (loss) for the period | 9904 | €23,968 | €1,007 | -€22,961 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,968 | €1,007 | -€22,961 | -95.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.