ASSMAN: 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.
ASSMAN
Largest movements
- Tangible fixed assets -€24,599
down €24,599 (-9.8%), from €251,156 to €226,557
of which Land and buildings: -€22,284
- Cash +€4,474
up €4,474 (+157.2%), from €2,845 to €7,320
mainly Depreciation (+€24,599) and Trade debts (+€94)
- Debts after one year -€18,402
down €18,402 (-14.4%), from €128,058 to €109,656
- Depreciation +€691
up €691 (+2.9%), from €23,909 to €24,599
- Financial charges -€430
down €430 (-13.3%), from €3,241 to €2,811
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 | €254,127 | €235,252 | -€18,875 | -7.4% |
| Fixed assets | 21/28 | €251,156 | €226,557 | -€24,599 | -9.8% |
| Tangible fixed assets | 22/27 | €251,156 | €226,557 | -€24,599 | -9.8% |
| Land and buildings | 22 | €243,577 | €221,293 | -€22,284 | -9.1% |
| Plant, machinery and equipment | 23 | €7,579 | €5,264 | -€2,316 | -30.6% |
| Current assets | 29/58 | €2,971 | €8,695 | +€5,724 | +192.6% |
| Amounts receivable within one year | 40/41 | - | €1,249 | +€1,249 | |
| Trade receivables | 40 | - | €1,249 | +€1,249 | |
| Cash at bank and in hand | 54/58 | €2,845 | €7,320 | +€4,474 | +157.2% |
| Deferred charges and accrued income | 490/1 | €126 | €127 | +€1 | +0.7% |
| Total equity and liabilities | 10/49 | €254,127 | €235,252 | -€18,875 | -7.4% |
| Equity | 10/15 | €72,878 | €72,798 | -€81 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,278 | €54,198 | -€81 | -0.1% |
| Distributable reserves | 133 | €54,278 | €54,198 | -€81 | -0.1% |
| Amounts payable | 17/49 | €181,249 | €162,454 | -€18,795 | -10.4% |
| Amounts payable after more than one year | 17 | €128,058 | €109,656 | -€18,402 | -14.4% |
| Financial debts | 170/4 | €128,058 | €109,656 | -€18,402 | -14.4% |
| Amounts payable within one year | 42/48 | €53,191 | €52,799 | -€393 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €18,318 | €18,402 | +€84 | +0.5% |
| Trade debts | 44 | €104 | €197 | +€94 | +90.8% |
| Suppliers | 440/4 | €104 | €197 | +€94 | +90.8% |
| Other amounts payable | 47/48 | €34,769 | €34,199 | -€570 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,909 | €24,599 | +€691 | +2.9% |
| Other operating charges | 640/8 | €3,349 | €3,276 | -€73 | -2.2% |
| Gross operating margin | 9900 | €30,654 | €30,605 | -€49 | -0.2% |
| Operating profit (loss) | 9901 | €3,396 | €2,729 | -€667 | -19.6% |
| Financial income | 75/76B | €2 | €1 | -€1 | -32.6% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -32.6% |
| Financial charges | 65/66B | €3,241 | €2,811 | -€430 | -13.3% |
| Recurring financial charges | 65 | €3,241 | €2,811 | -€430 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €157 | -€81 | -€238 | |
| Profit (loss) for the period | 9904 | €157 | -€81 | -€238 | |
| Profit (loss) for the period to be appropriated | 9905 | €157 | -€81 | -€238 |
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 3 October 2026 via checked.be.