ASSIMMAC: 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.
ASSIMMAC
Largest movements
- Stocks and contracts -€1.4m
no longer reported in 2025 (was €1.4m)
- Receivables within one year -€36,666
down €36,666 (-64.2%), from €57,084 to €20,419
of which Other amounts receivable: -€36,327
- Cash -€27,060
down €27,060 (-14.4%), from €188,190 to €161,131
mainly Advances received (-€1.4m) and Other debts (-€50,000)
- Advances received -€1.4m
no longer reported in 2025 (was €1.4m)
- Other debts -€50,000
down €50,000 (-45.3%), from €110,441 to €60,441
- Financial income -€48,684
down €48,684 (-99.0%), from €49,187 to €503
- Taxes -€4,057
down €4,057 (-96.4%), from €4,208 to €151
- Gross operating margin +€3,132
up €3,132, from -€2,175 to €957
- Financial charges +€615
up €615 (+94.3%), from €652 to €1,268
- Other operating charges +€126
up €126 (+182.7%), from €69 to €196
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 | €1,866,882 | €404,956 | -€1.5m | -78.3% |
| Current assets | 29/58 | €1,866,882 | €404,956 | -€1.5m | -78.3% |
| Stocks and contracts in progress | 3 | €1,400,065 | - | -€1.4m | |
| Stocks | 30/36 | €1,400,065 | - | -€1.4m | |
| Amounts receivable within one year | 40/41 | €57,084 | €20,419 | -€36,666 | -64.2% |
| Trade receivables | 40 | €20,339 | €20,000 | -€339 | -1.7% |
| Other amounts receivable | 41 | €36,746 | €419 | -€36,327 | -98.9% |
| Current investments | 50/53 | €221,542 | €223,407 | +€1,865 | +0.8% |
| Cash at bank and in hand | 54/58 | €188,190 | €161,131 | -€27,060 | -14.4% |
| Total equity and liabilities | 10/49 | €1,866,882 | €404,956 | -€1.5m | -78.3% |
| Equity | 10/15 | €302,577 | €302,422 | -€154 | -0.1% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €187,577 | €187,422 | -€154 | -0.1% |
| Non-distributable reserves | 130/1 | €11,500 | €11,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,500 | €11,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,042 | €11,042 | = | 0.0% |
| Distributable reserves | 133 | €165,034 | €164,880 | -€154 | -0.1% |
| Amounts payable | 17/49 | €1,564,305 | €102,534 | -€1.5m | -93.4% |
| Amounts payable within one year | 42/48 | €1,561,305 | €101,034 | -€1.5m | -93.5% |
| Trade debts | 44 | €31,591 | €36,385 | +€4,794 | +15.2% |
| Suppliers | 440/4 | €31,591 | €36,385 | +€4,794 | +15.2% |
| Advances received on contracts in progress | 46 | €1,415,065 | - | -€1.4m | |
| Taxes, remuneration and social security | 45 | €4,208 | €4,208 | = | 0.0% |
| Taxes | 450/3 | €4,208 | €4,208 | = | 0.0% |
| Other amounts payable | 47/48 | €110,441 | €60,441 | -€50,000 | -45.3% |
| Accrued charges and deferred income | 492/3 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Non-recurring operating income | 76A | - | €2,836 | +€2,836 | |
| Other operating charges | 640/8 | €69 | €196 | +€126 | +182.7% |
| Gross operating margin | 9900 | -€2,175 | €957 | +€3,132 | |
| Operating profit (loss) | 9901 | -€2,244 | €761 | +€3,005 | |
| Financial income | 75/76B | €49,187 | €503 | -€48,684 | -99.0% |
| Recurring financial income | 75 | €49,187 | €503 | -€48,684 | -99.0% |
| Financial charges | 65/66B | €652 | €1,268 | +€615 | +94.3% |
| Recurring financial charges | 65 | €652 | €1,268 | +€615 | +94.3% |
| Profit (loss) for the period before taxes | 9903 | €46,291 | -€4 | -€46,294 | |
| Income taxes | 67/77 | €4,208 | €151 | -€4,057 | -96.4% |
| Profit (loss) for the period | 9904 | €42,082 | -€154 | -€42,237 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,082 | -€154 | -€42,237 |
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 2 October 2026 via checked.be.