ASSIDU: 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.
ASSIDU
Largest movements
- Stocks and contracts -€408,225
down €408,225 (-60.8%), from €671,506 to €263,281
- Cash +€298,454
up €298,454 (+379%), from €78,833 to €377,287
mainly Stocks and contracts (+€408,225) and Net result for the year (+€193,926)
- Receivables within one year +€21,508
up €21,508 (+64.1%), from €33,547 to €55,054
of which Other amounts receivable: +€23,347
- Tangible fixed assets -€13,913
down €13,913 (-21.2%), from €65,503 to €51,591
of which Furniture and vehicles: -€28,540
- Other debts -€74,571
down €74,571 (-34.3%), from €217,281 to €142,710
- Reserves +€53,926
new in 2025: €53,926
- Trade debts -€45,230
down €45,230 (-52.2%), from €86,702 to €41,472
- Debts after one year -€41,473
down €41,473 (-9.0%), from €458,842 to €417,369
- Tax, wage and social debts +€11,754
up €11,754 (+52.0%), from €22,582 to €34,336
of which Remuneration and social security: +€15,820
- Gross operating margin +€190,183
up €190,183 (+145%), from €131,370 to €321,553
- Taxes +€34,526
up €34,526 (+119%), from €29,012 to €63,539
- Financial charges +€21,521
up €21,521 (+188%), from €11,473 to €32,995
- Financial income -€20,186
down €20,186 (-86.7%), from €23,283 to €3,097
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.
Derived cash bridge
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 | €849,389 | €747,213 | -€102,176 | -12.0% |
| Fixed assets | 21/28 | €65,503 | €51,591 | -€13,913 | -21.2% |
| Tangible fixed assets | 22/27 | €65,503 | €51,591 | -€13,913 | -21.2% |
| Plant, machinery and equipment | 23 | €5,110 | €5,406 | +€296 | +5.8% |
| Furniture and vehicles | 24 | €57,357 | €28,818 | -€28,540 | -49.8% |
| Other tangible fixed assets | 26 | €3,036 | €17,367 | +€14,331 | +472% |
| Current assets | 29/58 | €783,886 | €695,622 | -€88,263 | -11.3% |
| Stocks and contracts in progress | 3 | €671,506 | €263,281 | -€408,225 | -60.8% |
| Stocks | 30/36 | €671,506 | €263,281 | -€408,225 | -60.8% |
| Amounts receivable within one year | 40/41 | €33,547 | €55,054 | +€21,508 | +64.1% |
| Trade receivables | 40 | €33,547 | €31,707 | -€1,839 | -5.5% |
| Other amounts receivable | 41 | - | €23,347 | +€23,347 | |
| Cash at bank and in hand | 54/58 | €78,833 | €377,287 | +€298,454 | +379% |
| Total equity and liabilities | 10/49 | €849,389 | €747,213 | -€102,176 | -12.0% |
| Equity | 10/15 | €15,927 | €69,853 | +€53,926 | +339% |
| Contributions | 10/11 | €15,927 | €15,927 | = | 0.0% |
| Reserves | 13 | - | €53,926 | +€53,926 | |
| Distributable reserves | 133 | - | €53,926 | +€53,926 | |
| Amounts payable | 17/49 | €833,462 | €677,360 | -€156,102 | -18.7% |
| Amounts payable after more than one year | 17 | €458,842 | €417,369 | -€41,473 | -9.0% |
| Financial debts | 170/4 | €458,842 | €417,369 | -€41,473 | -9.0% |
| Amounts payable within one year | 42/48 | €374,620 | €259,990 | -€114,629 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €48,055 | €41,473 | -€6,582 | -13.7% |
| Trade debts | 44 | €86,702 | €41,472 | -€45,230 | -52.2% |
| Suppliers | 440/4 | €86,702 | €41,472 | -€45,230 | -52.2% |
| Taxes, remuneration and social security | 45 | €22,582 | €34,336 | +€11,754 | +52.0% |
| Taxes | 450/3 | €22,582 | €18,515 | -€4,067 | -18.0% |
| Remuneration and social security | 454/9 | - | €15,820 | +€15,820 | |
| Other amounts payable | 47/48 | €217,281 | €142,710 | -€74,571 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,409 | €31,310 | +€900 | +3.0% |
| Other operating charges | 640/8 | €3,700 | €2,881 | -€818 | -22.1% |
| Gross operating margin | 9900 | €131,370 | €321,553 | +€190,183 | +145% |
| Operating profit (loss) | 9901 | €97,261 | €287,362 | +€190,101 | +195% |
| Financial income | 75/76B | €23,283 | €3,097 | -€20,186 | -86.7% |
| Recurring financial income | 75 | €23,283 | €3,097 | -€20,186 | -86.7% |
| Financial charges | 65/66B | €11,473 | €32,995 | +€21,521 | +188% |
| Recurring financial charges | 65 | €11,473 | €32,995 | +€21,521 | +188% |
| Profit (loss) for the period before taxes | 9903 | €109,071 | €257,465 | +€148,394 | +136% |
| Income taxes | 67/77 | €29,012 | €63,539 | +€34,526 | +119% |
| Profit (loss) for the period | 9904 | €80,058 | €193,926 | +€113,868 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €80,058 | €193,926 | +€113,868 | +142% |
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 16 October 2026 via checked.be.