ASSISTEC: 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.
ASSISTEC
Largest movements
- Cash -€100,125
down €100,125 (-59.0%), from €169,742 to €69,617
mainly Investment in fixed assets (net) (-€59,560) and Other debts (-€30,495)
- Intangible fixed assets +€47,315
up €47,315 (+262.8%), from €18,007 to €65,322
- Receivables within one year +€14,608
up €14,608 (+27.9%), from €52,326 to €66,934
of which Trade receivables: +€14,608
- Tangible fixed assets -€4,560
down €4,560 (-23.3%), from €19,561 to €15,000
of which Furniture and vehicles: -€2,296
- Other debts -€30,495
down €30,495 (-93.3%), from €32,692 to €2,198
- Trade debts +€29,271
up €29,271 (+107.0%), from €27,347 to €56,618
- Short-term financial debts -€20,000
no longer reported in 2025 (was €20,000)
- Tax, wage and social debts -€10,942
down €10,942 (-28.5%), from €38,372 to €27,430
of which Taxes: -€10,316
- Profit (loss) carried forward -€6,944
new in 2025: -€6,944
- Gross operating margin -€21,227
down €21,227 (-12.0%), from €176,751 to €155,524
- Financial charges +€21,133
up €21,133 (+35.4%), from €59,709 to €80,842
- Taxes -€15,514
down €15,514 (-98.6%), from €15,727 to €213
- Depreciation +€10,425
up €10,425 (+163.4%), from €6,380 to €16,805
- Staff costs +€1,995
up €1,995 (+3.2%), from €63,041 to €65,035
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 | €261,306 | €220,245 | -€41,060 | -15.7% |
| Fixed assets | 21/28 | €37,678 | €80,433 | +€42,755 | +113.5% |
| Intangible fixed assets | 21 | €18,007 | €65,322 | +€47,315 | +262.8% |
| Tangible fixed assets | 22/27 | €19,561 | €15,000 | -€4,560 | -23.3% |
| Furniture and vehicles | 24 | €7,061 | €4,764 | -€2,296 | -32.5% |
| Other tangible fixed assets | 26 | €12,500 | €10,236 | -€2,264 | -18.1% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €223,628 | €139,813 | -€83,815 | -37.5% |
| Amounts receivable within one year | 40/41 | €52,326 | €66,934 | +€14,608 | +27.9% |
| Trade receivables | 40 | €47,952 | €62,560 | +€14,608 | +30.5% |
| Other amounts receivable | 41 | €4,374 | €4,374 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €169,742 | €69,617 | -€100,125 | -59.0% |
| Deferred charges and accrued income | 490/1 | €1,560 | €3,262 | +€1,702 | +109.1% |
| Total equity and liabilities | 10/49 | €261,306 | €220,245 | -€41,060 | -15.7% |
| Equity | 10/15 | €142,604 | €134,000 | -€8,604 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,004 | €122,343 | -€1,660 | -1.3% |
| Distributable reserves | 133 | €124,004 | €122,343 | -€1,660 | -1.3% |
| Profit (loss) carried forward | 14 | - | -€6,944 | -€6,944 | |
| Amounts payable | 17/49 | €118,702 | €86,246 | -€32,457 | -27.3% |
| Amounts payable within one year | 42/48 | €118,411 | €86,246 | -€32,166 | -27.2% |
| Financial debts | 43 | €20,000 | - | -€20,000 | |
| Credit institutions | 430/8 | €20,000 | - | -€20,000 | |
| Trade debts | 44 | €27,347 | €56,618 | +€29,271 | +107.0% |
| Suppliers | 440/4 | €27,347 | €56,618 | +€29,271 | +107.0% |
| Taxes, remuneration and social security | 45 | €38,372 | €27,430 | -€10,942 | -28.5% |
| Taxes | 450/3 | €27,848 | €17,532 | -€10,316 | -37.0% |
| Remuneration and social security | 454/9 | €10,523 | €9,898 | -€625 | -5.9% |
| Other amounts payable | 47/48 | €32,692 | €2,198 | -€30,495 | -93.3% |
| Accrued charges and deferred income | 492/3 | €291 | - | -€291 | |
| Remuneration, social security and pensions | 62 | €63,041 | €65,035 | +€1,995 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,380 | €16,805 | +€10,425 | +163.4% |
| Other operating charges | 640/8 | €2,912 | €1,232 | -€1,680 | -57.7% |
| Gross operating margin | 9900 | €176,751 | €155,524 | -€21,227 | -12.0% |
| Operating profit (loss) | 9901 | €104,418 | €72,451 | -€31,967 | -30.6% |
| Financial charges | 65/66B | €59,709 | €80,842 | +€21,133 | +35.4% |
| Recurring financial charges | 65 | €59,709 | €80,842 | +€21,133 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €44,709 | -€8,391 | -€53,100 | |
| Income taxes | 67/77 | €15,727 | €213 | -€15,514 | -98.6% |
| Profit (loss) for the period | 9904 | €28,982 | -€8,604 | -€37,586 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,982 | -€8,604 | -€37,586 |
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 11 October 2026 via checked.be.