ASSO PROJECTS: what changed
What changed
ASSO PROJECTS
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€8,554
2024 · €4,903+€3,652
Equity
€205,919
2024 · €197,364+€8,554
Cash
€2,831
2024 · €0+€2,831
Balance sheet total
€794,587
2024 · €874,112-€79,525
Largest movements
Assets
- Receivables within one year -€41,218
down €41,218 (-81.6%), from €50,517 to €9,299
of which Trade receivables: -€41,521
- Tangible fixed assets -€40,904
down €40,904 (-86.1%), from €47,480 to €6,576
of which Furniture and vehicles: -€40,326
Equity and liabilities
- Other debts -€64,731
down €64,731 (-10.6%), from €609,875 to €545,144
- Current portion of long-term debt -€17,970
down €17,970 (-100%), from €17,970 to €0
Income statement
- Gross operating margin +€19,109
up €19,109 (+35.2%), from €54,270 to €73,379
- Depreciation -€13,284
down €13,284 (-93.1%), from €14,267 to €984
- Financial charges +€990
up €990 (+4.3%), from €23,001 to €23,991
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.
Result 2024
€4,903
Gross operating margin
+€19,109
Depreciation
+€13,284
Other operating charges
+€224
Other operating items
-€27,539
Financial charges
-€990
Taxes
-€436
Result 2025
€8,554
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€11,789
Investment
+€39,920
Financing
-€25,300
Cash 2024
€0
From operations (derived)
-€11,789
Net result for the year
+€8,554
Depreciation
+€984
Receivables within one year
+€41,218
Deferred charges and accrued income
+€234
Trade debts
+€2,758
Tax, wage and social debts
-€1,114
Other debts
-€64,731
Accrued charges and deferred income
+€308
Investment (derived)
+€39,920
Investment in fixed assets (net)
+€39,920
Financing
-€25,300
Debts after one year
-€5,319
Current portion of long-term debt
-€17,970
Short-term financial debts
-€2,011
Cash 2025
€2,831
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €874,112 | €794,587 | -€79,525 | -9.1% |
| Fixed assets | 21/28 | €822,480 | €781,576 | -€40,904 | -5.0% |
| Tangible fixed assets | 22/27 | €47,480 | €6,576 | -€40,904 | -86.1% |
| Plant, machinery and equipment | 23 | €1,120 | €542 | -€578 | -51.6% |
| Furniture and vehicles | 24 | €46,360 | €6,034 | -€40,326 | -87.0% |
| Financial fixed assets | 28 | €775,000 | €775,000 | = | 0.0% |
| Current assets | 29/58 | €51,632 | €13,010 | -€38,621 | -74.8% |
| Amounts receivable within one year | 40/41 | €50,517 | €9,299 | -€41,218 | -81.6% |
| Trade receivables | 40 | €50,406 | €8,885 | -€41,521 | -82.4% |
| Other amounts receivable | 41 | €111 | €414 | +€303 | +274% |
| Cash at bank and in hand | 54/58 | €0 | €2,831 | +€2,831 | |
| Deferred charges and accrued income | 490/1 | €1,115 | €881 | -€234 | -21.0% |
| Total equity and liabilities | 10/49 | €874,112 | €794,587 | -€79,525 | -9.1% |
| Equity | 10/15 | €197,364 | €205,919 | +€8,554 | +4.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,965 | €5,919 | +€3,954 | +201% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,965 | €5,919 | +€3,954 | +201% |
| Profit (loss) carried forward | 14 | -€4,601 | €0 | +€4,601 | |
| Amounts payable | 17/49 | €676,747 | €588,668 | -€88,080 | -13.0% |
| Amounts payable after more than one year | 17 | €5,319 | €0 | -€5,319 | -100% |
| Financial debts | 170/4 | €5,319 | €0 | -€5,319 | -100% |
| Amounts payable within one year | 42/48 | €650,146 | €567,077 | -€83,069 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €17,970 | €0 | -€17,970 | -100% |
| Financial debts | 43 | €2,036 | €25 | -€2,011 | -98.8% |
| Credit institutions | 430/8 | €2,036 | €25 | -€2,011 | -98.8% |
| Trade debts | 44 | €3,616 | €6,374 | +€2,758 | +76.3% |
| Suppliers | 440/4 | €3,616 | €6,374 | +€2,758 | +76.3% |
| Advances received on contracts in progress | 46 | €309 | €309 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €16,339 | €15,225 | -€1,114 | -6.8% |
| Taxes | 450/3 | €14,059 | €1,852 | -€12,207 | -86.8% |
| Remuneration and social security | 454/9 | €2,280 | €13,372 | +€11,092 | +487% |
| Other amounts payable | 47/48 | €609,875 | €545,144 | -€64,731 | -10.6% |
| Accrued charges and deferred income | 492/3 | €21,282 | €21,590 | +€308 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,267 | €984 | -€13,284 | -93.1% |
| Other operating charges | 640/8 | €10,561 | €10,337 | -€224 | -2.1% |
| Non-recurring operating charges | 66A | €1,371 | €28,910 | +€27,539 | +2,009% |
| Gross operating margin | 9900 | €54,270 | €73,379 | +€19,109 | +35.2% |
| Operating profit (loss) | 9901 | €28,070 | €33,148 | +€5,078 | +18.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €23,001 | €23,991 | +€990 | +4.3% |
| Recurring financial charges | 65 | €23,001 | €23,991 | +€990 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €5,070 | €9,157 | +€4,088 | +80.6% |
| Income taxes | 67/77 | €167 | €603 | +€436 | +261% |
| Profit (loss) for the period | 9904 | €4,903 | €8,554 | +€3,652 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,903 | €8,554 | +€3,652 | +74.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.