Assugal: 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.
Assugal
Largest movements
- Tangible fixed assets -€50,082
down €50,082 (-19.8%), from €252,738 to €202,655
of which Furniture and vehicles: -€46,938
- Cash +€46,527
up €46,527 (+33.6%), from €138,332 to €184,859
mainly Other debts (+€130,100) and Depreciation (+€55,669)
- Receivables within one year -€7,367
down €7,367 (-8.9%), from €83,185 to €75,818
of which Trade receivables: -€7,367
- Other debts +€130,100
up €130,100 (+591.4%), from €22,000 to €152,100
- Reserves -€123,797
down €123,797 (-54.0%), from €229,127 to €105,330
of which Distributable reserves: -€123,797
- Debts after one year -€20,282
down €20,282 (-37.1%), from €54,717 to €34,435
- Gross operating margin +€21,612
up €21,612 (+25.9%), from €83,319 to €104,931
- Taxes +€6,087
up €6,087 (+88.0%), from €6,913 to €12,999
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 | €480,046 | €469,622 | -€10,425 | -2.2% |
| Fixed assets | 21/28 | €253,853 | €203,771 | -€50,082 | -19.7% |
| Tangible fixed assets | 22/27 | €252,738 | €202,655 | -€50,082 | -19.8% |
| Land and buildings | 22 | €58,100 | €55,618 | -€2,482 | -4.3% |
| Plant, machinery and equipment | 23 | €23,176 | €22,515 | -€662 | -2.9% |
| Furniture and vehicles | 24 | €171,461 | €124,523 | -€46,938 | -27.4% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €226,193 | €265,851 | +€39,658 | +17.5% |
| Amounts receivable within one year | 40/41 | €83,185 | €75,818 | -€7,367 | -8.9% |
| Trade receivables | 40 | €83,175 | €75,808 | -€7,367 | -8.9% |
| Other amounts receivable | 41 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €138,332 | €184,859 | +€46,527 | +33.6% |
| Deferred charges and accrued income | 490/1 | €4,676 | €5,174 | +€498 | +10.6% |
| Total equity and liabilities | 10/49 | €480,046 | €469,622 | -€10,425 | -2.2% |
| Equity | 10/15 | €379,384 | €255,586 | -€123,797 | -32.6% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Revaluation surpluses | 12 | €17,399 | €17,399 | = | 0.0% |
| Reserves | 13 | €229,127 | €105,330 | -€123,797 | -54.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €216,732 | €92,935 | -€123,797 | -57.1% |
| Profit (loss) carried forward | 14 | €8,911 | €8,911 | = | 0.0% |
| Amounts payable | 17/49 | €100,663 | €214,035 | +€113,373 | +112.6% |
| Amounts payable after more than one year | 17 | €54,717 | €34,435 | -€20,282 | -37.1% |
| Financial debts | 170/4 | €54,717 | €34,435 | -€20,282 | -37.1% |
| Amounts payable within one year | 42/48 | €45,946 | €179,600 | +€133,654 | +290.9% |
| Current portion of amounts payable after more than one year | 42 | €19,548 | €20,282 | +€734 | +3.8% |
| Trade debts | 44 | €2,507 | €1,794 | -€713 | -28.4% |
| Suppliers | 440/4 | €2,507 | €1,794 | -€713 | -28.4% |
| Taxes, remuneration and social security | 45 | €1,891 | €5,424 | +€3,534 | +186.9% |
| Taxes | 450/3 | €1,891 | €5,424 | +€3,534 | +186.9% |
| Other amounts payable | 47/48 | €22,000 | €152,100 | +€130,100 | +591.4% |
| Non-recurring operating income | 76A | - | €1,306 | +€1,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,459 | €55,669 | +€210 | +0.4% |
| Other operating charges | 640/8 | €5,431 | €5,490 | +€60 | +1.1% |
| Gross operating margin | 9900 | €83,319 | €104,931 | +€21,612 | +25.9% |
| Operating profit (loss) | 9901 | €22,429 | €43,772 | +€21,343 | +95.2% |
| Financial income | 75/76B | €74 | €250 | +€177 | +238.8% |
| Recurring financial income | 75 | €74 | €250 | +€177 | +238.8% |
| Financial charges | 65/66B | €3,268 | €2,720 | -€548 | -16.8% |
| Recurring financial charges | 65 | €3,268 | €2,720 | -€548 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €19,235 | €41,302 | +€22,068 | +114.7% |
| Income taxes | 67/77 | €6,913 | €12,999 | +€6,087 | +88.0% |
| Profit (loss) for the period | 9904 | €12,322 | €28,303 | +€15,981 | +129.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,322 | €28,303 | +€15,981 | +129.7% |
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 4 October 2026 via checked.be.