ASSUDIS: 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.
ASSUDIS
Largest movements
- Receivables within one year +€250,673
up €250,673 (+194%), from €129,344 to €380,017
of which Trade receivables: +€250,673
- Cash -€88,920
down €88,920 (-37.3%), from €238,625 to €149,705
mainly Receivables within one year (-€250,673) and Contributions, distributions and other (-€139,000)
- Current investments +€49,605
up €49,605 (+14.2%), from €350,466 to €400,070
- Tangible fixed assets +€43,026
up €43,026 (+812%), from €5,299 to €48,326
- Trade debts +€214,631
up €214,631 (+51.6%), from €415,649 to €630,280
- Other debts +€69,475
up €69,475 (+99.3%), from €70,000 to €139,475
- Tax, wage and social debts -€36,201
down €36,201 (-55.3%), from €65,498 to €29,296
of which Taxes: -€43,271
- Financial income -€527,904
down €527,904 (-99.2%), from €531,998 to €4,094
of which Non-recurring financial income: -€531,640
- Taxes -€119,619
down €119,619 (-73.8%), from €162,148 to €42,529
- Gross operating margin +€61,009
up €61,009 (+23.4%), from €260,542 to €321,550
- Staff costs +€25,772
up €25,772 (+27.7%), from €92,902 to €118,674
- Other operating charges -€18,467
down €18,467 (-69.3%), from €26,654 to €8,187
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.
Derived cash bridge
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 | €728,174 | €981,392 | +€253,218 | +34.8% |
| Fixed assets | 21/28 | €9,739 | €51,599 | +€41,860 | +430% |
| Tangible fixed assets | 22/27 | €5,299 | €48,326 | +€43,026 | +812% |
| Furniture and vehicles | 24 | €5,299 | €48,326 | +€43,026 | +812% |
| Financial fixed assets | 28 | €4,439 | €3,273 | -€1,166 | -26.3% |
| Current assets | 29/58 | €718,435 | €929,793 | +€211,358 | +29.4% |
| Amounts receivable within one year | 40/41 | €129,344 | €380,017 | +€250,673 | +194% |
| Trade receivables | 40 | €129,344 | €380,017 | +€250,673 | +194% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €350,466 | €400,070 | +€49,605 | +14.2% |
| Cash at bank and in hand | 54/58 | €238,625 | €149,705 | -€88,920 | -37.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €728,174 | €981,392 | +€253,218 | +34.8% |
| Equity | 10/15 | €170,384 | €171,026 | +€641 | +0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,184 | €102,826 | +€641 | +0.6% |
| Amounts payable | 17/49 | €557,790 | €810,366 | +€252,577 | +45.3% |
| Amounts payable within one year | 42/48 | €551,146 | €799,051 | +€247,905 | +45.0% |
| Trade debts | 44 | €415,649 | €630,280 | +€214,631 | +51.6% |
| Suppliers | 440/4 | €415,649 | €630,280 | +€214,631 | +51.6% |
| Taxes, remuneration and social security | 45 | €65,498 | €29,296 | -€36,201 | -55.3% |
| Taxes | 450/3 | €54,572 | €11,301 | -€43,271 | -79.3% |
| Remuneration and social security | 454/9 | €10,926 | €17,996 | +€7,070 | +64.7% |
| Other amounts payable | 47/48 | €70,000 | €139,475 | +€69,475 | +99.3% |
| Accrued charges and deferred income | 492/3 | €6,643 | €11,315 | +€4,672 | +70.3% |
| Remuneration, social security and pensions | 62 | €92,902 | €118,674 | +€25,772 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,838 | €7,406 | +€4,568 | +161% |
| Other operating charges | 640/8 | €26,654 | €8,187 | -€18,467 | -69.3% |
| Gross operating margin | 9900 | €260,542 | €321,550 | +€61,009 | +23.4% |
| Operating profit (loss) | 9901 | €138,148 | €187,284 | +€49,136 | +35.6% |
| Financial income | 75/76B | €531,998 | €4,094 | -€527,904 | -99.2% |
| Recurring financial income | 75 | €358 | €4,094 | +€3,735 | +1,043% |
| Non-recurring financial income | 76B | €531,640 | €0 | -€531,640 | -100% |
| Financial charges | 65/66B | €8,130 | €9,208 | +€1,077 | +13.3% |
| Recurring financial charges | 65 | €8,130 | €9,208 | +€1,077 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €662,016 | €182,170 | -€479,846 | -72.5% |
| Income taxes | 67/77 | €162,148 | €42,529 | -€119,619 | -73.8% |
| Profit (loss) for the period | 9904 | €499,868 | €139,641 | -€360,227 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €499,868 | €139,641 | -€360,227 | -72.1% |
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 24 October 2026 via checked.be.