ASSIM: 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.
ASSIM
Largest movements
- Cash -€69,590
down €69,590 (-17.0%), from €410,558 to €340,967
mainly Receivables within one year (-€57,706) and Other debts (-€31,736)
- Receivables within one year +€57,706
up €57,706 (+147.9%), from €39,025 to €96,731
of which Other amounts receivable: +€53,898
- Tangible fixed assets -€18,583
down €18,583 (-5.2%), from €359,182 to €340,599
of which Land and buildings: -€16,822
- Other debts -€31,736
down €31,736 (-83.2%), from €38,136 to €6,400
- Tax, wage and social debts -€20,493
down €20,493 (-76.0%), from €26,970 to €6,477
of which Taxes: -€20,990
- Reserves +€15,758
up €15,758 (+5.9%), from €265,238 to €280,997
- Trade debts +€12,935
up €12,935 (+205.7%), from €6,287 to €19,223
- Gross operating margin -€46,117
down €46,117 (-28.8%), from €160,136 to €114,019
- Taxes -€14,853
down €14,853 (-69.4%), from €21,412 to €6,560
- Other operating charges +€4,365
up €4,365 (+19.6%), from €22,224 to €26,589
- Staff costs +€2,102
up €2,102 (+6.1%), from €34,238 to €36,340
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 | €845,497 | €822,777 | -€22,720 | -2.7% |
| Fixed assets | 21/28 | €359,293 | €340,711 | -€18,583 | -5.2% |
| Tangible fixed assets | 22/27 | €359,182 | €340,599 | -€18,583 | -5.2% |
| Land and buildings | 22 | €356,927 | €340,105 | -€16,822 | -4.7% |
| Plant, machinery and equipment | 23 | €64 | €0 | -€64 | -100.0% |
| Furniture and vehicles | 24 | €2,190 | €494 | -€1,696 | -77.4% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €486,204 | €482,066 | -€4,137 | -0.9% |
| Amounts receivable within one year | 40/41 | €39,025 | €96,731 | +€57,706 | +147.9% |
| Trade receivables | 40 | €31,826 | €35,634 | +€3,808 | +12.0% |
| Other amounts receivable | 41 | €7,199 | €61,097 | +€53,898 | +748.7% |
| Cash at bank and in hand | 54/58 | €410,558 | €340,967 | -€69,590 | -17.0% |
| Deferred charges and accrued income | 490/1 | €36,621 | €44,368 | +€7,747 | +21.2% |
| Total equity and liabilities | 10/49 | €845,497 | €822,777 | -€22,720 | -2.7% |
| Equity | 10/15 | €512,298 | €528,056 | +€15,758 | +3.1% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €265,238 | €280,997 | +€15,758 | +5.9% |
| Distributable reserves | 133 | €265,238 | €280,997 | +€15,758 | +5.9% |
| Profit (loss) carried forward | 14 | €172,691 | €172,691 | = | 0.0% |
| Amounts payable | 17/49 | €333,199 | €294,721 | -€38,478 | -11.5% |
| Amounts payable after more than one year | 17 | €248,947 | €248,947 | = | 0.0% |
| Financial debts | 170/4 | €248,947 | €248,947 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,393 | €32,100 | -€39,293 | -55.0% |
| Trade debts | 44 | €6,287 | €19,223 | +€12,935 | +205.7% |
| Suppliers | 440/4 | €6,287 | €19,223 | +€12,935 | +205.7% |
| Taxes, remuneration and social security | 45 | €26,970 | €6,477 | -€20,493 | -76.0% |
| Taxes | 450/3 | €21,288 | €298 | -€20,990 | -98.6% |
| Remuneration and social security | 454/9 | €5,683 | €6,179 | +€497 | +8.7% |
| Other amounts payable | 47/48 | €38,136 | €6,400 | -€31,736 | -83.2% |
| Accrued charges and deferred income | 492/3 | €12,859 | €13,674 | +€815 | +6.3% |
| Remuneration, social security and pensions | 62 | €34,238 | €36,340 | +€2,102 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,069 | €18,583 | +€513 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €22,224 | €26,589 | +€4,365 | +19.6% |
| Gross operating margin | 9900 | €160,136 | €114,019 | -€46,117 | -28.8% |
| Operating profit (loss) | 9901 | €85,605 | €32,507 | -€53,097 | -62.0% |
| Financial income | 75/76B | €3,946 | €3,116 | -€830 | -21.0% |
| Recurring financial income | 75 | €3,946 | €3,116 | -€830 | -21.0% |
| Financial charges | 65/66B | €14,198 | €13,305 | -€893 | -6.3% |
| Recurring financial charges | 65 | €14,198 | €13,305 | -€893 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €75,352 | €22,318 | -€53,034 | -70.4% |
| Income taxes | 67/77 | €21,412 | €6,560 | -€14,853 | -69.4% |
| Profit (loss) for the period | 9904 | €53,940 | €15,758 | -€38,182 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,940 | €15,758 | -€38,182 | -70.8% |
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 10 October 2026 via checked.be.