ASSILO: 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.
ASSILO
Largest movements
- Receivables within one year +€170,909
up €170,909 (+46.2%), from €370,255 to €541,164
of which Trade receivables: +€170,906
- Tangible fixed assets -€33,092
down €33,092 (-16.8%), from €197,306 to €164,214
of which Furniture and vehicles: -€27,623
- Cash -€18,205
down €18,205 (-6.3%), from €286,855 to €268,650
mainly Receivables within one year (-€170,909) and Contributions, distributions and other (-€62,480)
- Tax, wage and social debts +€105,107
up €105,107 (+132%), from €79,823 to €184,930
of which Taxes: +€131,022
- Other debts +€73,420
up €73,420 (+144%), from €51,093 to €124,513
- Profit (loss) carried forward +€66,412
up €66,412 (+22.3%), from €297,965 to €364,377
- Trade debts -€58,841
down €58,841 (-10.2%), from €578,681 to €519,841
- Debts after one year -€45,546
down €45,546 (-17.3%), from €262,797 to €217,251
- Gross operating margin +€291,839
up €291,839 (+51.4%), from €567,787 to €859,626
- Taxes +€114,411
up €114,411 (+609%), from €18,801 to €133,211
- Staff costs +€77,549
up €77,549 (+19.4%), from €400,026 to €477,575
- Depreciation +€12,208
up €12,208 (+15.4%), from €79,336 to €91,544
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.
Derived cash bridge
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 | €1,377,208 | €1,506,917 | +€129,709 | +9.4% |
| Fixed assets | 21/28 | €712,936 | €679,844 | -€33,092 | -4.6% |
| Tangible fixed assets | 22/27 | €197,306 | €164,214 | -€33,092 | -16.8% |
| Plant, machinery and equipment | 23 | €13,540 | €10,387 | -€3,153 | -23.3% |
| Furniture and vehicles | 24 | €161,450 | €133,826 | -€27,623 | -17.1% |
| Leasing and similar rights | 25 | €2,316 | - | -€2,316 | |
| Assets under construction and advance payments | 27 | €20,000 | €20,000 | = | 0.0% |
| Financial fixed assets | 28 | €515,630 | €515,630 | = | 0.0% |
| Current assets | 29/58 | €664,272 | €827,073 | +€162,802 | +24.5% |
| Amounts receivable within one year | 40/41 | €370,255 | €541,164 | +€170,909 | +46.2% |
| Trade receivables | 40 | €370,224 | €541,130 | +€170,906 | +46.2% |
| Other amounts receivable | 41 | €31 | €34 | +€3 | +8.5% |
| Cash at bank and in hand | 54/58 | €286,855 | €268,650 | -€18,205 | -6.3% |
| Deferred charges and accrued income | 490/1 | €7,161 | €17,260 | +€10,098 | +141% |
| Total equity and liabilities | 10/49 | €1,377,208 | €1,506,917 | +€129,709 | +9.4% |
| Equity | 10/15 | €318,425 | €384,837 | +€66,412 | +20.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297,965 | €364,377 | +€66,412 | +22.3% |
| Amounts payable | 17/49 | €1,058,783 | €1,122,080 | +€63,297 | +6.0% |
| Amounts payable after more than one year | 17 | €262,797 | €217,251 | -€45,546 | -17.3% |
| Financial debts | 170/4 | €262,797 | €217,251 | -€45,546 | -17.3% |
| Amounts payable within one year | 42/48 | €795,986 | €904,829 | +€108,843 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €56,389 | €45,546 | -€10,842 | -19.2% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €578,681 | €519,841 | -€58,841 | -10.2% |
| Suppliers | 440/4 | €578,681 | €519,841 | -€58,841 | -10.2% |
| Taxes, remuneration and social security | 45 | €79,823 | €184,930 | +€105,107 | +132% |
| Taxes | 450/3 | €39,010 | €170,032 | +€131,022 | +336% |
| Remuneration and social security | 454/9 | €40,813 | €14,898 | -€25,915 | -63.5% |
| Other amounts payable | 47/48 | €51,093 | €124,513 | +€73,420 | +144% |
| Non-recurring operating income | 76A | - | €12,270 | +€12,270 | |
| Remuneration, social security and pensions | 62 | €400,026 | €477,575 | +€77,549 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,336 | €91,544 | +€12,208 | +15.4% |
| Other operating charges | 640/8 | €23,253 | €16,824 | -€6,429 | -27.6% |
| Non-recurring operating charges | 66A | - | €136 | +€136 | |
| Gross operating margin | 9900 | €567,787 | €859,626 | +€291,839 | +51.4% |
| Operating profit (loss) | 9901 | €65,173 | €273,548 | +€208,375 | +320% |
| Financial income | 75/76B | €2 | €286 | +€285 | +18,482% |
| Recurring financial income | 75 | €2 | €286 | +€285 | +18,482% |
| Financial charges | 65/66B | €11,626 | €11,730 | +€104 | +0.9% |
| Recurring financial charges | 65 | €11,626 | €11,730 | +€104 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €53,548 | €262,104 | +€208,556 | +389% |
| Income taxes | 67/77 | €18,801 | €133,211 | +€114,411 | +609% |
| Profit (loss) for the period | 9904 | €34,748 | €128,893 | +€94,145 | +271% |
| Profit (loss) for the period to be appropriated | 9905 | €34,748 | €128,893 | +€94,145 | +271% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.