ASSIC: 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.
ASSIC
Largest movements
- Cash -€177,542
down €177,542 (-86.2%), from €206,037 to €28,495
mainly Investment in fixed assets (net) (-€150,227) and Other debts (-€62,018)
- Tangible fixed assets +€128,079
up €128,079 (+26.2%), from €489,017 to €617,095
- Receivables within one year +€16,740
up €16,740 (+5072.7%), from €330 to €17,070
- Other debts -€62,018
down €62,018 (-60.2%), from €102,938 to €40,920
- Profit (loss) carried forward +€30,749
up €30,749 (+21.9%), from -€140,649 to -€109,899
- Gross operating margin +€28,912
up €28,912 (+86.2%), from €33,540 to €62,452
- Depreciation -€4,129
down €4,129 (-15.7%), from €26,277 to €22,148
- Financial charges -€3,036
down €3,036 (-37.7%), from €8,062 to €5,027
- Other operating charges -€778
down €778 (-13.0%), from €5,977 to €5,199
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 | €695,972 | €663,315 | -€32,657 | -4.7% |
| Fixed assets | 21/28 | €489,017 | €617,095 | +€128,079 | +26.2% |
| Tangible fixed assets | 22/27 | €489,017 | €617,095 | +€128,079 | +26.2% |
| Land and buildings | 22 | €489,017 | €617,095 | +€128,079 | +26.2% |
| Current assets | 29/58 | €206,956 | €46,220 | -€160,736 | -77.7% |
| Amounts receivable within one year | 40/41 | €330 | €17,070 | +€16,740 | +5072.7% |
| Other amounts receivable | 41 | €330 | €17,070 | +€16,740 | +5072.7% |
| Cash at bank and in hand | 54/58 | €206,037 | €28,495 | -€177,542 | -86.2% |
| Deferred charges and accrued income | 490/1 | €589 | €655 | +€66 | +11.2% |
| Total equity and liabilities | 10/49 | €695,972 | €663,315 | -€32,657 | -4.7% |
| Equity | 10/15 | €589,109 | €619,859 | +€30,749 | +5.2% |
| Contributions | 10/11 | €642,000 | €642,000 | = | 0.0% |
| Capital | 10 | €642,000 | €642,000 | = | 0.0% |
| Issued capital | 100 | €642,000 | €642,000 | = | 0.0% |
| Reserves | 13 | €87,758 | €87,758 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €71,758 | €71,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,649 | -€109,899 | +€30,749 | +21.9% |
| Amounts payable | 17/49 | €106,863 | €43,456 | -€63,407 | -59.3% |
| Amounts payable within one year | 42/48 | €106,863 | €43,456 | -€63,407 | -59.3% |
| Trade debts | 44 | €1,520 | €1,045 | -€475 | -31.2% |
| Suppliers | 440/4 | €1,520 | €1,045 | -€475 | -31.2% |
| Taxes, remuneration and social security | 45 | €2,405 | €1,491 | -€914 | -38.0% |
| Taxes | 450/3 | €2,405 | €1,491 | -€914 | -38.0% |
| Other amounts payable | 47/48 | €102,938 | €40,920 | -€62,018 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,277 | €22,148 | -€4,129 | -15.7% |
| Other operating charges | 640/8 | €5,977 | €5,199 | -€778 | -13.0% |
| Gross operating margin | 9900 | €33,540 | €62,452 | +€28,912 | +86.2% |
| Operating profit (loss) | 9901 | €1,286 | €35,105 | +€33,819 | +2630.6% |
| Financial income | 75/76B | €582 | €1,203 | +€621 | +106.6% |
| Recurring financial income | 75 | €582 | €1,203 | +€621 | +106.6% |
| Financial charges | 65/66B | €8,062 | €5,027 | -€3,036 | -37.7% |
| Recurring financial charges | 65 | €8,062 | €5,027 | -€3,036 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,194 | €31,281 | +€37,476 | |
| Income taxes | 67/77 | €525 | €532 | +€7 | +1.3% |
| Profit (loss) for the period | 9904 | -€6,719 | €30,749 | +€37,469 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,719 | €30,749 | +€37,469 |
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 12 October 2026 via checked.be.