ASSTROC: 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.
ASSTROC
Largest movements
- Stocks and contracts -€163,288
down €163,288 (-78.6%), from €207,682 to €44,394
- Tangible fixed assets -€65,657
down €65,657 (-85.3%), from €76,936 to €11,279
of which Other tangible fixed assets: -€50,007
- Receivables within one year +€21,341
up €21,341 (+89.4%), from €23,877 to €45,218
of which Trade receivables: +€13,488
- Cash -€9,053
down €9,053 (-99.7%), from €9,084 to €31
mainly Net result for the year (-€122,519) and Advances received (-€114,054)
- Profit (loss) carried forward -€122,519
down €122,519 (-560.6%), from -€21,853 to -€144,372
- Advances received -€114,054
down €114,054 (-98.9%), from €115,289 to €1,235
- Trade debts -€37,594
down €37,594 (-48.5%), from €77,521 to €39,927
- Other debts +€30,142
up €30,142 (+94.2%), from €32,000 to €62,142
- Tax, wage and social debts +€29,964
up €29,964 (+65.2%), from €45,954 to €75,919
of which Taxes: +€36,888
- Gross operating margin -€69,811
down €69,811, from €6,689 to -€63,122
- Staff costs -€38,343
down €38,343 (-55.7%), from €68,805 to €30,462
- Depreciation -€12,928
down €12,928 (-64.8%), from €19,949 to €7,021
- Other operating charges +€8,182
up €8,182 (+300.2%), from €2,726 to €10,908
- Financial charges +€3,029
up €3,029 (+37.5%), from €8,074 to €11,104
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 | €321,078 | €102,254 | -€218,824 | -68.2% |
| Fixed assets | 21/28 | €77,299 | €11,642 | -€65,657 | -84.9% |
| Tangible fixed assets | 22/27 | €76,936 | €11,279 | -€65,657 | -85.3% |
| Plant, machinery and equipment | 23 | €750 | €31 | -€719 | -95.9% |
| Furniture and vehicles | 24 | €16,190 | €1,259 | -€14,931 | -92.2% |
| Other tangible fixed assets | 26 | €59,997 | €9,990 | -€50,007 | -83.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €243,778 | €90,612 | -€153,167 | -62.8% |
| Stocks and contracts in progress | 3 | €207,682 | €44,394 | -€163,288 | -78.6% |
| Stocks | 30/36 | €207,682 | €44,394 | -€163,288 | -78.6% |
| Amounts receivable within one year | 40/41 | €23,877 | €45,218 | +€21,341 | +89.4% |
| Trade receivables | 40 | €22,724 | €36,211 | +€13,488 | +59.4% |
| Other amounts receivable | 41 | €1,153 | €9,006 | +€7,853 | +681.1% |
| Cash at bank and in hand | 54/58 | €9,084 | €31 | -€9,053 | -99.7% |
| Deferred charges and accrued income | 490/1 | €3,136 | €970 | -€2,166 | -69.1% |
| Total equity and liabilities | 10/49 | €321,078 | €102,254 | -€218,824 | -68.2% |
| Equity | 10/15 | -€9,453 | -€131,972 | -€122,519 | -1296.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,853 | -€144,372 | -€122,519 | -560.6% |
| Amounts payable | 17/49 | €330,531 | €234,226 | -€96,305 | -29.1% |
| Amounts payable after more than one year | 17 | €28,919 | €11,913 | -€17,006 | -58.8% |
| Financial debts | 170/4 | €28,919 | €11,913 | -€17,006 | -58.8% |
| Amounts payable within one year | 42/48 | €287,477 | €213,462 | -€74,014 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €16,712 | €17,383 | +€670 | +4.0% |
| Financial debts | 43 | - | €16,856 | +€16,856 | |
| Credit institutions | 430/8 | - | €16,856 | +€16,856 | |
| Trade debts | 44 | €77,521 | €39,927 | -€37,594 | -48.5% |
| Suppliers | 440/4 | €77,521 | €39,927 | -€37,594 | -48.5% |
| Advances received on contracts in progress | 46 | €115,289 | €1,235 | -€114,054 | -98.9% |
| Taxes, remuneration and social security | 45 | €45,954 | €75,919 | +€29,964 | +65.2% |
| Taxes | 450/3 | €38,152 | €75,040 | +€36,888 | +96.7% |
| Remuneration and social security | 454/9 | €7,803 | €879 | -€6,924 | -88.7% |
| Other amounts payable | 47/48 | €32,000 | €62,142 | +€30,142 | +94.2% |
| Accrued charges and deferred income | 492/3 | €14,136 | €8,850 | -€5,285 | -37.4% |
| Remuneration, social security and pensions | 62 | €68,805 | €30,462 | -€38,343 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,949 | €7,021 | -€12,928 | -64.8% |
| Other operating charges | 640/8 | €2,726 | €10,908 | +€8,182 | +300.2% |
| Gross operating margin | 9900 | €6,689 | -€63,122 | -€69,811 | |
| Operating profit (loss) | 9901 | -€84,790 | -€111,512 | -€26,722 | -31.5% |
| Financial income | 75/76B | €1,079 | €97 | -€982 | -91.0% |
| Recurring financial income | 75 | €1,079 | €97 | -€982 | -91.0% |
| Financial charges | 65/66B | €8,074 | €11,104 | +€3,029 | +37.5% |
| Recurring financial charges | 65 | €8,074 | €11,104 | +€3,029 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | -€91,785 | -€122,519 | -€30,733 | -33.5% |
| Profit (loss) for the period | 9904 | -€91,785 | -€122,519 | -€30,733 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,785 | -€122,519 | -€30,733 | -33.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.