ASSUMA: 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.
ASSUMA
Largest movements
- Cash +€1.4m
up €1.4m (+327.6%), from €437,120 to €1.9m
mainly Current investments (+€1.2m) and Net result for the year (+€277,267)
- Current investments -€1.2m
down €1.2m (-42.4%), from €3.0m to €1.7m
- Financial fixed assets +€100,000
up €100,000 (+40.0%), from €250,043 to €350,043
- Profit (loss) carried forward +€277,267
up €277,267 (+9.7%), from €2.9m to €3.1m
- Other debts -€57,296
down €57,296 (-6.8%), from €845,302 to €788,006
- Gross operating margin +€333,562
up €333,562 (+885.0%), from €37,689 to €371,251
- Financial income -€73,306
down €73,306 (-53.5%), from €137,105 to €63,799
of which Financial income: -€87,860
- Taxes +€66,769
up €66,769 (+206.4%), from €32,343 to €99,112
- Financial charges -€4,657
down €4,657 (-91.2%), from €5,105 to €449
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 | €3,765,504 | €4,021,175 | +€255,670 | +6.8% |
| Fixed assets | 21/28 | €302,004 | €385,459 | +€83,455 | +27.6% |
| Tangible fixed assets | 22/27 | €51,961 | €35,416 | -€16,545 | -31.8% |
| Plant, machinery and equipment | 23 | €2,497 | €1,573 | -€924 | -37.0% |
| Furniture and vehicles | 24 | €49,463 | €33,843 | -€15,621 | -31.6% |
| Financial fixed assets | 28 | €250,043 | €350,043 | +€100,000 | +40.0% |
| Current assets | 29/58 | €3,463,501 | €3,635,715 | +€172,215 | +5.0% |
| Amounts receivable within one year | 40/41 | €26,645 | €20,518 | -€6,127 | -23.0% |
| Trade receivables | 40 | €7,727 | €1,600 | -€6,127 | -79.3% |
| Other amounts receivable | 41 | €18,918 | €18,918 | = | 0.0% |
| Current investments | 50/53 | €2,950,063 | €1,700,085 | -€1.2m | -42.4% |
| Cash at bank and in hand | 54/58 | €437,120 | €1,869,121 | +€1.4m | +327.6% |
| Deferred charges and accrued income | 490/1 | €49,673 | €45,991 | -€3,682 | -7.4% |
| Total equity and liabilities | 10/49 | €3,765,504 | €4,021,175 | +€255,670 | +6.8% |
| Equity | 10/15 | €2,908,612 | €3,185,879 | +€277,267 | +9.5% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €41,539 | €41,539 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €90 | €90 | = | 0.0% |
| Distributable reserves | 133 | €39,588 | €39,588 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,859,874 | €3,137,140 | +€277,267 | +9.7% |
| Amounts payable | 17/49 | €856,892 | €835,296 | -€21,596 | -2.5% |
| Amounts payable within one year | 42/48 | €852,251 | €805,296 | -€46,955 | -5.5% |
| Trade debts | 44 | €1,108 | €729 | -€379 | -34.2% |
| Suppliers | 440/4 | €1,108 | €729 | -€379 | -34.2% |
| Taxes, remuneration and social security | 45 | €5,841 | €16,560 | +€10,719 | +183.5% |
| Taxes | 450/3 | €1,194 | €11,513 | +€10,319 | +864.3% |
| Remuneration and social security | 454/9 | €4,647 | €5,047 | +€400 | +8.6% |
| Other amounts payable | 47/48 | €845,302 | €788,006 | -€57,296 | -6.8% |
| Accrued charges and deferred income | 492/3 | €4,641 | €30,000 | +€25,359 | +546.4% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €41,332 | €41,079 | -€253 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,774 | €16,545 | -€3,230 | -16.3% |
| Other operating charges | 640/8 | €1,058 | €599 | -€458 | -43.4% |
| Gross operating margin | 9900 | €37,689 | €371,251 | +€333,562 | +885.0% |
| Operating profit (loss) | 9901 | -€24,474 | €313,029 | +€337,503 | |
| Financial income | 75/76B | €137,105 | €63,799 | -€73,306 | -53.5% |
| Recurring financial income | 75 | €137,105 | €49,245 | -€87,860 | -64.1% |
| Non-recurring financial income | 76B | - | €14,554 | +€14,554 | |
| Financial charges | 65/66B | €5,105 | €449 | -€4,657 | -91.2% |
| Recurring financial charges | 65 | €5,105 | €449 | -€4,657 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €107,525 | €376,379 | +€268,854 | +250.0% |
| Income taxes | 67/77 | €32,343 | €99,112 | +€66,769 | +206.4% |
| Profit (loss) for the period | 9904 | €75,182 | €277,267 | +€202,084 | +268.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,182 | €277,267 | +€202,084 | +268.8% |
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 29 September 2026 via checked.be.