ASSUGROUP: 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.
ASSUGROUP
Largest movements
- Intangible fixed assets -€222,123
down €222,123 (-15.1%), from €1.5m to €1.2m
- Cash +€166,004
up €166,004 (+149.2%), from €111,241 to €277,245
mainly Net result for the year (+€342,019) and Depreciation (+€237,971)
- Tangible fixed assets +€51,348
up €51,348 (+144.9%), from €35,426 to €86,774
of which Furniture and vehicles: +€46,416
- Receivables within one year -€17,427
down €17,427 (-89.2%), from €19,529 to €2,102
- Other debts +€185,509
up €185,509 (+167.6%), from €110,686 to €296,195
- Debts after one year -€148,683
down €148,683 (-20.3%), from €730,700 to €582,017
of which Financial debts: -€146,888
- Tax, wage and social debts -€27,242
down €27,242 (-57.5%), from €47,371 to €20,129
of which Remuneration and social security: -€21,612
- Gross operating margin -€42,261
down €42,261 (-4.1%), from €1.0m to €984,684
- Depreciation -€17,660
down €17,660 (-6.9%), from €255,631 to €237,971
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 | €1,734,898 | €1,713,421 | -€21,477 | -1.2% |
| Fixed assets | 21/28 | €1,529,069 | €1,358,294 | -€170,775 | -11.2% |
| Intangible fixed assets | 21 | €1,469,143 | €1,247,020 | -€222,123 | -15.1% |
| Tangible fixed assets | 22/27 | €35,426 | €86,774 | +€51,348 | +144.9% |
| Furniture and vehicles | 24 | €20,433 | €66,849 | +€46,416 | +227.2% |
| Other tangible fixed assets | 26 | €14,993 | €19,925 | +€4,932 | +32.9% |
| Financial fixed assets | 28 | €24,500 | €24,500 | = | 0.0% |
| Current assets | 29/58 | €205,828 | €355,126 | +€149,298 | +72.5% |
| Amounts receivable within one year | 40/41 | €19,529 | €2,102 | -€17,427 | -89.2% |
| Other amounts receivable | 41 | €19,529 | €2,102 | -€17,427 | -89.2% |
| Cash at bank and in hand | 54/58 | €111,241 | €277,245 | +€166,004 | +149.2% |
| Deferred charges and accrued income | 490/1 | €75,058 | €75,779 | +€721 | +1.0% |
| Total equity and liabilities | 10/49 | €1,734,898 | €1,713,421 | -€21,477 | -1.2% |
| Equity | 10/15 | €678,844 | €661,718 | -€17,126 | -2.5% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €179,699 | €179,699 | = | 0.0% |
| Distributable reserves | 133 | €179,699 | €179,699 | = | 0.0% |
| Profit (loss) carried forward | 14 | €359,145 | €342,019 | -€17,126 | -4.8% |
| Amounts payable | 17/49 | €1,056,053 | €1,051,703 | -€4,351 | -0.4% |
| Amounts payable after more than one year | 17 | €730,700 | €582,017 | -€148,683 | -20.3% |
| Financial debts | 170/4 | €728,905 | €582,017 | -€146,888 | -20.2% |
| Other amounts payable | 178/9 | €1,795 | - | -€1,795 | |
| Amounts payable within one year | 42/48 | €323,494 | €469,685 | +€146,192 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €153,756 | €146,888 | -€6,867 | -4.5% |
| Trade debts | 44 | €5,451 | €6,473 | +€1,022 | +18.7% |
| Suppliers | 440/4 | €5,451 | €6,473 | +€1,022 | +18.7% |
| Advances received on contracts in progress | 46 | €6,230 | - | -€6,230 | |
| Taxes, remuneration and social security | 45 | €47,371 | €20,129 | -€27,242 | -57.5% |
| Taxes | 450/3 | €25,759 | €20,129 | -€5,630 | -21.9% |
| Remuneration and social security | 454/9 | €21,612 | - | -€21,612 | |
| Other amounts payable | 47/48 | €110,686 | €296,195 | +€185,509 | +167.6% |
| Accrued charges and deferred income | 492/3 | €1,860 | - | -€1,860 | |
| Remuneration, social security and pensions | 62 | €267,001 | €270,754 | +€3,753 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255,631 | €237,971 | -€17,660 | -6.9% |
| Other operating charges | 640/8 | €3,203 | €5,402 | +€2,199 | +68.7% |
| Gross operating margin | 9900 | €1,026,945 | €984,684 | -€42,261 | -4.1% |
| Operating profit (loss) | 9901 | €501,111 | €470,558 | -€30,553 | -6.1% |
| Financial income | 75/76B | €2,967 | €4,312 | +€1,345 | +45.3% |
| Recurring financial income | 75 | €2,967 | €4,312 | +€1,345 | +45.3% |
| Financial charges | 65/66B | €18,284 | €14,226 | -€4,058 | -22.2% |
| Recurring financial charges | 65 | €18,284 | €14,226 | -€4,058 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €485,794 | €460,645 | -€25,150 | -5.2% |
| Income taxes | 67/77 | €126,649 | €118,626 | -€8,023 | -6.3% |
| Profit (loss) for the period | 9904 | €359,145 | €342,019 | -€17,126 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €359,145 | €342,019 | -€17,126 | -4.8% |
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 8 October 2026 via checked.be.