ASSU: 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.
ASSU
Largest movements
- Receivables after one year -€26,667
down €26,667 (-7.7%), from €346,667 to €320,000
- Tangible fixed assets -€22,828
down €22,828 (-7.3%), from €311,168 to €288,340
of which Land and buildings: -€13,390
- Cash -€9,375
down €9,375 (-62.4%), from €15,016 to €5,641
mainly Tax, wage and social debts (-€31,000) and Debts after one year (-€25,282)
- Tax, wage and social debts -€31,000
no longer reported in 2025 (was €31,000)
- Debts after one year -€25,282
down €25,282 (-20.8%), from €121,783 to €96,501
- Taxes -€7,425
new in 2025: -€7,425
- Depreciation -€4,473
down €4,473 (-12.9%), from €34,699 to €30,226
- Gross operating margin -€2,604
down €2,604 (-7.9%), from €33,125 to €30,521
- Financial charges -€993
down €993 (-16.8%), from €5,904 to €4,911
- Other operating charges -€447
down €447 (-18.5%), from €2,415 to €1,968
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 | €689,098 | €630,228 | -€58,870 | -8.5% |
| Fixed assets | 21/28 | €311,168 | €288,340 | -€22,828 | -7.3% |
| Tangible fixed assets | 22/27 | €311,168 | €288,340 | -€22,828 | -7.3% |
| Land and buildings | 22 | €232,435 | €219,045 | -€13,390 | -5.8% |
| Plant, machinery and equipment | 23 | - | €1,422 | +€1,422 | |
| Furniture and vehicles | 24 | €51,963 | €41,103 | -€10,860 | -20.9% |
| Other tangible fixed assets | 26 | €26,770 | €26,770 | = | 0.0% |
| Current assets | 29/58 | €377,930 | €341,888 | -€36,042 | -9.5% |
| Amounts receivable after more than one year | 29 | €346,667 | €320,000 | -€26,667 | -7.7% |
| Other amounts receivable | 291 | €346,667 | €320,000 | -€26,667 | -7.7% |
| Current investments | 50/53 | €16,247 | €16,247 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,016 | €5,641 | -€9,375 | -62.4% |
| Total equity and liabilities | 10/49 | €689,098 | €630,228 | -€58,870 | -8.5% |
| Equity | 10/15 | €484,971 | €485,812 | +€841 | +0.2% |
| Contributions | 10/11 | €28,500 | €28,500 | = | 0.0% |
| Reserves | 13 | €427,800 | €427,800 | = | 0.0% |
| Distributable reserves | 133 | €427,800 | €427,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,671 | €29,512 | +€841 | +2.9% |
| Amounts payable | 17/49 | €204,127 | €144,416 | -€59,711 | -29.3% |
| Amounts payable after more than one year | 17 | €121,783 | €96,501 | -€25,282 | -20.8% |
| Financial debts | 170/4 | €121,783 | €96,501 | -€25,282 | -20.8% |
| Amounts payable within one year | 42/48 | €82,344 | €47,915 | -€34,429 | -41.8% |
| Taxes, remuneration and social security | 45 | €31,000 | - | -€31,000 | |
| Taxes | 450/3 | €31,000 | - | -€31,000 | |
| Other amounts payable | 47/48 | €51,344 | €47,915 | -€3,429 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,699 | €30,226 | -€4,473 | -12.9% |
| Other operating charges | 640/8 | €2,415 | €1,968 | -€447 | -18.5% |
| Gross operating margin | 9900 | €33,125 | €30,521 | -€2,604 | -7.9% |
| Operating profit (loss) | 9901 | -€3,989 | -€1,673 | +€2,316 | +58.1% |
| Financial charges | 65/66B | €5,904 | €4,911 | -€993 | -16.8% |
| Recurring financial charges | 65 | €5,904 | €4,911 | -€993 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,893 | -€6,584 | +€3,309 | +33.4% |
| Income taxes | 67/77 | - | -€7,425 | -€7,425 | |
| Profit (loss) for the period | 9904 | -€9,893 | €841 | +€10,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,893 | €841 | +€10,734 |
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 2 October 2026 via checked.be.