ASSIST MANAGEMENT: what changed
ASSIST MANAGEMENT
Largest movements
- Current investments -€101,749
down €101,749 (-23.4%), from €434,973 to €333,223
- Tangible fixed assets -€8,340
down €8,340 (-21.2%), from €39,339 to €30,999
of which Furniture and vehicles: -€4,899
- Receivables within one year -€8,089
down €8,089 (-43.6%), from €18,543 to €10,454
of which Trade receivables: -€5,500
- Other debts -€54,252
down €54,252 (-57.3%), from €94,660 to €40,408
- Reserves -€40,755
down €40,755 (-10.5%), from €389,274 to €348,519
of which Distributable reserves: -€40,755
- Profit (loss) carried forward -€19,157
new in 2025: -€19,157
- Gross operating margin -€137,735
down €137,735, from €119,907 to -€17,828
- Taxes -€34,911
down €34,911 (-95.9%), from €36,388 to €1,477
- Write-downs +€33,750
new in 2025: €33,750
- Financial income -€22,175
down €22,175 (-83.2%), from €26,651 to €4,475
- Depreciation -€3,977
down €3,977 (-32.3%), from €12,317 to €8,340
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,591 | €410,394 | -€118,196 | -22.4% |
| Fixed assets | 21/28 | €39,339 | €30,999 | -€8,340 | -21.2% |
| Tangible fixed assets | 22/27 | €39,339 | €30,999 | -€8,340 | -21.2% |
| Plant, machinery and equipment | 23 | €4,643 | €3,169 | -€1,475 | -31.8% |
| Furniture and vehicles | 24 | €7,004 | €2,104 | -€4,899 | -70.0% |
| Leasing and similar rights | 25 | €27,692 | €25,726 | -€1,966 | -7.1% |
| Current assets | 29/58 | €489,252 | €379,396 | -€109,856 | -22.5% |
| Amounts receivable within one year | 40/41 | €18,543 | €10,454 | -€8,089 | -43.6% |
| Trade receivables | 40 | €5,500 | - | -€5,500 | |
| Other amounts receivable | 41 | €13,043 | €10,454 | -€2,589 | -19.8% |
| Current investments | 50/53 | €434,973 | €333,223 | -€101,749 | -23.4% |
| Cash at bank and in hand | 54/58 | €32,933 | €32,590 | -€343 | -1.0% |
| Deferred charges and accrued income | 490/1 | €2,804 | €3,129 | +€325 | +11.6% |
| Total equity and liabilities | 10/49 | €528,591 | €410,394 | -€118,196 | -22.4% |
| Equity | 10/15 | €423,605 | €363,693 | -€59,912 | -14.1% |
| Contributions | 10/11 | €34,331 | €34,331 | = | 0.0% |
| Reserves | 13 | €389,274 | €348,519 | -€40,755 | -10.5% |
| Tax-exempt reserves | 132 | €558 | €558 | = | 0.0% |
| Distributable reserves | 133 | €388,716 | €347,961 | -€40,755 | -10.5% |
| Profit (loss) carried forward | 14 | - | -€19,157 | -€19,157 | |
| Amounts payable | 17/49 | €104,986 | €46,701 | -€58,284 | -55.5% |
| Amounts payable within one year | 42/48 | €104,986 | €46,701 | -€58,284 | -55.5% |
| Trade debts | 44 | €9,797 | €5,794 | -€4,003 | -40.9% |
| Suppliers | 440/4 | €9,797 | €5,794 | -€4,003 | -40.9% |
| Taxes, remuneration and social security | 45 | €529 | €500 | -€29 | -5.5% |
| Taxes | 450/3 | €529 | €500 | -€29 | -5.5% |
| Other amounts payable | 47/48 | €94,660 | €40,408 | -€54,252 | -57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,317 | €8,340 | -€3,977 | -32.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €33,750 | +€33,750 | |
| Other operating charges | 640/8 | €3,017 | €2,811 | -€206 | -6.8% |
| Gross operating margin | 9900 | €119,907 | -€17,828 | -€137,735 | |
| Operating profit (loss) | 9901 | €104,572 | -€62,729 | -€167,301 | |
| Financial income | 75/76B | €26,651 | €4,475 | -€22,175 | -83.2% |
| Recurring financial income | 75 | €26,651 | €4,475 | -€22,175 | -83.2% |
| Financial charges | 65/66B | €3,238 | €181 | -€3,057 | -94.4% |
| Recurring financial charges | 65 | €3,238 | €181 | -€3,057 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €127,985 | -€58,435 | -€186,420 | |
| Income taxes | 67/77 | €36,388 | €1,477 | -€34,911 | -95.9% |
| Profit (loss) for the period | 9904 | €91,597 | -€59,912 | -€151,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €91,597 | -€59,912 | -€151,509 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.