ASSIMODEP: 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.
ASSIMODEP
Largest movements
- Cash +€116,639
up €116,639 (+48.5%), from €240,534 to €357,173
mainly Net result for the year (+€43,129) and Depreciation (+€29,655)
- Tangible fixed assets -€29,655
down €29,655 (-4.5%), from €652,027 to €622,372
- Receivables after one year -€12,650
down €12,650 (-59.7%), from €21,186 to €8,536
- Reserves +€43,129
up €43,129 (+18.5%), from €232,766 to €275,895
- Trade debts +€28,989
up €28,989 (+876.7%), from €3,307 to €32,296
- Current portion of long-term debt -€12,287
no longer reported in 2025 (was €12,287)
- Gross operating margin +€53,931
up €53,931 (+53.2%), from €101,413 to €155,344
- Taxes +€14,596
up €14,596 (+3474.9%), from €420 to €15,016
- Financial charges -€4,825
down €4,825 (-9.0%), from €53,334 to €48,509
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 | €969,119 | €1,044,989 | +€75,869 | +7.8% |
| Fixed assets | 21/28 | €654,253 | €624,598 | -€29,655 | -4.5% |
| Tangible fixed assets | 22/27 | €652,027 | €622,372 | -€29,655 | -4.5% |
| Land and buildings | 22 | €652,027 | €622,372 | -€29,655 | -4.5% |
| Financial fixed assets | 28 | €2,226 | €2,226 | = | 0.0% |
| Current assets | 29/58 | €314,867 | €420,390 | +€105,524 | +33.5% |
| Amounts receivable after more than one year | 29 | €21,186 | €8,536 | -€12,650 | -59.7% |
| Other amounts receivable | 291 | €21,186 | €8,536 | -€12,650 | -59.7% |
| Amounts receivable within one year | 40/41 | €51,086 | €52,561 | +€1,475 | +2.9% |
| Trade receivables | 40 | €23,318 | €39,574 | +€16,256 | +69.7% |
| Other amounts receivable | 41 | €27,768 | €12,987 | -€14,781 | -53.2% |
| Cash at bank and in hand | 54/58 | €240,534 | €357,173 | +€116,639 | +48.5% |
| Deferred charges and accrued income | 490/1 | €2,061 | €2,121 | +€60 | +2.9% |
| Total equity and liabilities | 10/49 | €969,119 | €1,044,989 | +€75,869 | +7.8% |
| Equity | 10/15 | €251,358 | €294,487 | +€43,129 | +17.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €232,766 | €275,895 | +€43,129 | +18.5% |
| Distributable reserves | 133 | €232,766 | €275,895 | +€43,129 | +18.5% |
| Amounts payable | 17/49 | €717,762 | €750,502 | +€32,740 | +4.6% |
| Amounts payable within one year | 42/48 | €717,762 | €749,845 | +€32,083 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €12,287 | - | -€12,287 | |
| Trade debts | 44 | €3,307 | €32,296 | +€28,989 | +876.7% |
| Suppliers | 440/4 | €3,307 | €32,296 | +€28,989 | +876.7% |
| Taxes, remuneration and social security | 45 | €15,518 | €20,959 | +€5,442 | +35.1% |
| Taxes | 450/3 | €15,518 | €20,959 | +€5,442 | +35.1% |
| Other amounts payable | 47/48 | €686,651 | €696,590 | +€9,940 | +1.4% |
| Accrued charges and deferred income | 492/3 | - | €656 | +€656 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,315 | €29,655 | +€340 | +1.2% |
| Other operating charges | 640/8 | €20,630 | €21,148 | +€519 | +2.5% |
| Gross operating margin | 9900 | €101,413 | €155,344 | +€53,931 | +53.2% |
| Operating profit (loss) | 9901 | €51,468 | €104,541 | +€53,073 | +103.1% |
| Financial income | 75/76B | €604 | €2,114 | +€1,510 | +250.2% |
| Recurring financial income | 75 | €604 | €2,114 | +€1,510 | +250.2% |
| Financial charges | 65/66B | €53,334 | €48,509 | -€4,825 | -9.0% |
| Recurring financial charges | 65 | €53,334 | €48,509 | -€4,825 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,262 | €58,146 | +€59,408 | |
| Income taxes | 67/77 | €420 | €15,016 | +€14,596 | +3474.9% |
| Profit (loss) for the period | 9904 | -€1,682 | €43,129 | +€44,811 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,682 | €43,129 | +€44,811 |
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 7 October 2026 via checked.be.