ASSIRO: 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.
ASSIRO
Largest movements
- Cash +€17,428
up €17,428 (+295.2%), from €5,903 to €23,331
mainly Other debts (+€58,653) and Net result for the year (+€47,746)
- Receivables within one year +€12,480
up €12,480 (+57.5%), from €21,717 to €34,198
of which Trade receivables: +€10,594
- Tangible fixed assets -€10,310
down €10,310 (-3.2%), from €322,657 to €312,347
of which Furniture and vehicles: -€8,966
- Other debts +€58,653
up €58,653 (+320.7%), from €18,292 to €76,945
- Debts after one year -€22,938
down €22,938 (-13.0%), from €176,023 to €153,084
- Trade debts -€13,406
down €13,406 (-67.9%), from €19,730 to €6,324
- Gross operating margin +€43,471
up €43,471 (+112.2%), from €38,741 to €82,212
- Depreciation +€7,898
up €7,898 (+247.7%), from €3,189 to €11,087
- Taxes +€6,114
up €6,114 (+86.4%), from €7,073 to €13,187
- Financial charges +€6,047
up €6,047 (+251.6%), from €2,404 to €8,451
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 | €353,557 | €373,007 | +€19,451 | +5.5% |
| Fixed assets | 21/28 | €322,657 | €312,347 | -€10,310 | -3.2% |
| Tangible fixed assets | 22/27 | €322,657 | €312,347 | -€10,310 | -3.2% |
| Land and buildings | 22 | €279,690 | €278,346 | -€1,344 | -0.5% |
| Furniture and vehicles | 24 | €42,968 | €34,002 | -€8,966 | -20.9% |
| Current assets | 29/58 | €30,899 | €60,660 | +€29,760 | +96.3% |
| Amounts receivable within one year | 40/41 | €21,717 | €34,198 | +€12,480 | +57.5% |
| Trade receivables | 40 | €18,790 | €29,384 | +€10,594 | +56.4% |
| Other amounts receivable | 41 | €2,927 | €4,813 | +€1,886 | +64.4% |
| Cash at bank and in hand | 54/58 | €5,903 | €23,331 | +€17,428 | +295.2% |
| Deferred charges and accrued income | 490/1 | €3,279 | €3,131 | -€148 | -4.5% |
| Total equity and liabilities | 10/49 | €353,557 | €373,007 | +€19,451 | +5.5% |
| Equity | 10/15 | €105,438 | €103,183 | -€2,254 | -2.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €77,918 | €77,918 | = | 0.0% |
| Distributable reserves | 133 | €77,918 | €77,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,519 | €20,265 | -€2,254 | -10.0% |
| Amounts payable | 17/49 | €248,119 | €269,824 | +€21,705 | +8.7% |
| Amounts payable after more than one year | 17 | €176,023 | €153,084 | -€22,938 | -13.0% |
| Financial debts | 170/4 | €176,023 | €153,084 | -€22,938 | -13.0% |
| Amounts payable within one year | 42/48 | €70,996 | €114,525 | +€43,529 | +61.3% |
| Current portion of amounts payable after more than one year | 42 | €22,164 | €22,938 | +€774 | +3.5% |
| Trade debts | 44 | €19,730 | €6,324 | -€13,406 | -67.9% |
| Suppliers | 440/4 | €19,730 | €6,324 | -€13,406 | -67.9% |
| Taxes, remuneration and social security | 45 | €10,810 | €8,318 | -€2,492 | -23.1% |
| Taxes | 450/3 | €10,810 | €8,318 | -€2,492 | -23.1% |
| Other amounts payable | 47/48 | €18,292 | €76,945 | +€58,653 | +320.7% |
| Accrued charges and deferred income | 492/3 | €1,100 | €2,214 | +€1,115 | +101.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,189 | €11,087 | +€7,898 | +247.7% |
| Other operating charges | 640/8 | €1,890 | €1,223 | -€668 | -35.3% |
| Non-recurring operating charges | 66A | - | €520 | +€520 | |
| Gross operating margin | 9900 | €38,741 | €82,212 | +€43,471 | +112.2% |
| Operating profit (loss) | 9901 | €33,662 | €69,383 | +€35,721 | +106.1% |
| Financial charges | 65/66B | €2,404 | €8,451 | +€6,047 | +251.6% |
| Recurring financial charges | 65 | €2,404 | €8,451 | +€6,047 | +251.6% |
| Profit (loss) for the period before taxes | 9903 | €31,258 | €60,932 | +€29,674 | +94.9% |
| Income taxes | 67/77 | €7,073 | €13,187 | +€6,114 | +86.4% |
| Profit (loss) for the period | 9904 | €24,185 | €47,746 | +€23,560 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,185 | €47,746 | +€23,560 | +97.4% |
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 5 October 2026 via checked.be.