ASSUPARTNERS: 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.
ASSUPARTNERS
Largest movements
- Tangible fixed assets -€39,115
down €39,115 (-11.8%), from €331,064 to €291,949
of which Land and buildings: -€37,139
- Cash -€11,805
down €11,805 (-13.7%), from €86,407 to €74,601
mainly Trade debts (-€48,358) and Debts after one year (-€26,726)
- Trade debts -€48,358
down €48,358 (-48.9%), from €98,964 to €50,606
- Debts after one year -€26,726
down €26,726 (-9.2%), from €291,308 to €264,582
- Tax, wage and social debts +€20,273
up €20,273 (+63.1%), from €32,132 to €52,406
of which Remuneration and social security: +€12,356
- Current portion of long-term debt -€7,169
down €7,169 (-20.1%), from €35,757 to €28,588
- Advances received +€6,775
new in 2025: €6,775
- Gross operating margin +€12,699
up €12,699 (+3.7%), from €341,066 to €353,766
- Financial charges +€4,011
up €4,011 (+79.1%), from €5,074 to €9,086
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 | €486,308 | €437,836 | -€48,473 | -10.0% |
| Fixed assets | 21/28 | €331,427 | €292,312 | -€39,115 | -11.8% |
| Tangible fixed assets | 22/27 | €331,064 | €291,949 | -€39,115 | -11.8% |
| Land and buildings | 22 | €327,283 | €290,144 | -€37,139 | -11.3% |
| Plant, machinery and equipment | 23 | €3,718 | €1,805 | -€1,913 | -51.4% |
| Furniture and vehicles | 24 | €64 | €0 | -€64 | -100% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €154,881 | €145,524 | -€9,357 | -6.0% |
| Amounts receivable after more than one year | 29 | €1,128 | €1,128 | = | 0.0% |
| Trade receivables | 290 | €1,128 | €1,128 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,084 | €62,540 | +€456 | +0.7% |
| Trade receivables | 40 | €1,588 | €2,227 | +€639 | +40.2% |
| Other amounts receivable | 41 | €60,496 | €60,314 | -€183 | -0.3% |
| Cash at bank and in hand | 54/58 | €86,407 | €74,601 | -€11,805 | -13.7% |
| Deferred charges and accrued income | 490/1 | €5,262 | €7,254 | +€1,992 | +37.9% |
| Total equity and liabilities | 10/49 | €486,308 | €437,836 | -€48,473 | -10.0% |
| Equity | 10/15 | €28,146 | €34,879 | +€6,732 | +23.9% |
| Contributions | 10/11 | €26,200 | €26,200 | = | 0.0% |
| Reserves | 13 | €1,946 | €8,679 | +€6,732 | +346% |
| Distributable reserves | 133 | €1,946 | €8,679 | +€6,732 | +346% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €458,162 | €402,957 | -€55,205 | -12.0% |
| Amounts payable after more than one year | 17 | €291,308 | €264,582 | -€26,726 | -9.2% |
| Financial debts | 170/4 | €291,308 | €264,582 | -€26,726 | -9.2% |
| Amounts payable within one year | 42/48 | €166,854 | €138,375 | -€28,479 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €35,757 | €28,588 | -€7,169 | -20.1% |
| Trade debts | 44 | €98,964 | €50,606 | -€48,358 | -48.9% |
| Suppliers | 440/4 | €98,964 | €50,606 | -€48,358 | -48.9% |
| Advances received on contracts in progress | 46 | - | €6,775 | +€6,775 | |
| Taxes, remuneration and social security | 45 | €32,132 | €52,406 | +€20,273 | +63.1% |
| Taxes | 450/3 | - | €7,917 | +€7,917 | |
| Remuneration and social security | 454/9 | €32,132 | €44,488 | +€12,356 | +38.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €288,949 | €287,856 | -€1,093 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,471 | €39,056 | -€415 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,273 | +€1,273 | |
| Other operating charges | 640/8 | €3,740 | €3,828 | +€88 | +2.4% |
| Non-recurring operating charges | 66A | - | €59 | +€59 | |
| Gross operating margin | 9900 | €341,066 | €353,766 | +€12,699 | +3.7% |
| Operating profit (loss) | 9901 | €8,907 | €21,694 | +€12,788 | +144% |
| Financial income | 75/76B | €1,696 | €67 | -€1,629 | -96.0% |
| Recurring financial income | 75 | €1,696 | €67 | -€1,629 | -96.0% |
| Financial charges | 65/66B | €5,074 | €9,086 | +€4,011 | +79.1% |
| Recurring financial charges | 65 | €5,074 | €9,086 | +€4,011 | +79.1% |
| Profit (loss) for the period before taxes | 9903 | €5,528 | €12,676 | +€7,147 | +129% |
| Income taxes | 67/77 | €3,608 | €5,943 | +€2,336 | +64.7% |
| Profit (loss) for the period | 9904 | €1,921 | €6,732 | +€4,812 | +250% |
| Profit (loss) for the period to be appropriated | 9905 | €1,921 | €6,732 | +€4,812 | +250% |
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 20 October 2026 via checked.be.