ASSETCO: 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.
ASSETCO
Largest movements
- Receivables within one year -€509,035
down €509,035 (-34.7%), from €1.5m to €956,910
of which Other amounts receivable: -€471,330
- Debts after one year -€759,595
no longer reported in 2025 (was €759,595)
- Profit (loss) carried forward +€266,470
up €266,470 (+6.8%), from €3.9m to €4.2m
- Current portion of long-term debt +€135,808
up €135,808 (+27.1%), from €501,204 to €637,011
- Gross operating margin +€40,436
up €40,436 (+18.7%), from €216,559 to €256,995
- Taxes +€12,942
up €12,942 (+25.2%), from €51,417 to €64,359
- Financial charges -€7,840
down €7,840 (-34.6%), from €22,678 to €14,838
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 | €5,499,560 | €5,032,057 | -€467,503 | -8.5% |
| Fixed assets | 21/28 | €4,000,000 | €4,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,000,000 | €4,000,000 | = | 0.0% |
| Current assets | 29/58 | €1,499,560 | €1,032,057 | -€467,503 | -31.2% |
| Amounts receivable within one year | 40/41 | €1,465,945 | €956,910 | -€509,035 | -34.7% |
| Trade receivables | 40 | €37,705 | - | -€37,705 | |
| Other amounts receivable | 41 | €1,428,240 | €956,910 | -€471,330 | -33.0% |
| Cash at bank and in hand | 54/58 | €33,615 | €75,147 | +€41,532 | +123.6% |
| Total equity and liabilities | 10/49 | €5,499,560 | €5,032,057 | -€467,503 | -8.5% |
| Equity | 10/15 | €4,018,506 | €4,284,976 | +€266,470 | +6.6% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Capital | 10 | €66,000 | €66,000 | = | 0.0% |
| Issued capital | 100 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €6,600 | €6,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,600 | €6,600 | = | 0.0% |
| Legal reserve | 130 | €6,600 | €6,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,945,906 | €4,212,376 | +€266,470 | +6.8% |
| Amounts payable | 17/49 | €1,481,054 | €747,082 | -€733,972 | -49.6% |
| Amounts payable after more than one year | 17 | €759,595 | - | -€759,595 | |
| Financial debts | 170/4 | €759,595 | - | -€759,595 | |
| Amounts payable within one year | 42/48 | €713,200 | €746,806 | +€33,606 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €501,204 | €637,011 | +€135,808 | +27.1% |
| Trade debts | 44 | €84,347 | €31,531 | -€52,816 | -62.6% |
| Suppliers | 440/4 | €84,347 | €31,531 | -€52,816 | -62.6% |
| Taxes, remuneration and social security | 45 | €127,650 | €78,264 | -€49,386 | -38.7% |
| Taxes | 450/3 | €127,650 | €78,264 | -€49,386 | -38.7% |
| Accrued charges and deferred income | 492/3 | €8,259 | €276 | -€7,983 | -96.7% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €216,559 | €256,995 | +€40,436 | +18.7% |
| Operating profit (loss) | 9901 | €215,592 | €255,997 | +€40,405 | +18.7% |
| Financial income | 75/76B | €89,670 | €89,670 | = | 0.0% |
| Recurring financial income | 75 | €89,670 | €89,670 | = | 0.0% |
| Financial charges | 65/66B | €22,678 | €14,838 | -€7,840 | -34.6% |
| Recurring financial charges | 65 | €22,678 | €14,838 | -€7,840 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €282,584 | €330,829 | +€48,245 | +17.1% |
| Income taxes | 67/77 | €51,417 | €64,359 | +€12,942 | +25.2% |
| Profit (loss) for the period | 9904 | €231,167 | €266,470 | +€35,303 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €231,167 | €266,470 | +€35,303 | +15.3% |
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 8 October 2026 via checked.be.