ASSURDO: 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.
ASSURDO
Largest movements
- Tangible fixed assets -€20,560
down €20,560 (-8.8%), from €233,292 to €212,733
of which Land and buildings: -€22,459
- Cash +€16,136
up €16,136 (+34.8%), from €46,334 to €62,470
mainly Depreciation (+€25,896) and Other debts (+€10,285)
- Other debts +€10,285
up €10,285 (+4.8%), from €212,487 to €222,772
- Debts after one year -€8,200
no longer reported in 2025 (was €8,200)
- Trade debts -€5,551
down €5,551 (-71.0%), from €7,819 to €2,268
- Reserves +€4,712
up €4,712 (+8.5%), from €55,567 to €60,279
- Write-downs +€9,441
new in 2025: €9,441
- Financial charges -€4,265
down €4,265 (-81.9%), from €5,209 to €944
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 | €304,701 | €301,956 | -€2,745 | -0.9% |
| Fixed assets | 21/28 | €233,292 | €212,733 | -€20,560 | -8.8% |
| Tangible fixed assets | 22/27 | €233,292 | €212,733 | -€20,560 | -8.8% |
| Land and buildings | 22 | €228,480 | €206,022 | -€22,459 | -9.8% |
| Plant, machinery and equipment | 23 | €4,812 | €6,711 | +€1,899 | +39.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €71,409 | €89,224 | +€17,815 | +24.9% |
| Amounts receivable within one year | 40/41 | €227 | €0 | -€227 | -100% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €227 | €0 | -€227 | -100% |
| Cash at bank and in hand | 54/58 | €46,334 | €62,470 | +€16,136 | +34.8% |
| Deferred charges and accrued income | 490/1 | €24,848 | €26,754 | +€1,905 | +7.7% |
| Total equity and liabilities | 10/49 | €304,701 | €301,956 | -€2,745 | -0.9% |
| Equity | 10/15 | €61,767 | €66,479 | +€4,712 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,567 | €60,279 | +€4,712 | +8.5% |
| Distributable reserves | 133 | €55,567 | €60,279 | +€4,712 | +8.5% |
| Amounts payable | 17/49 | €242,934 | €235,477 | -€7,457 | -3.1% |
| Amounts payable after more than one year | 17 | €8,200 | - | -€8,200 | |
| Financial debts | 170/4 | €8,200 | - | -€8,200 | |
| Amounts payable within one year | 42/48 | €230,258 | €233,435 | +€3,177 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €8,550 | €8,200 | -€350 | -4.1% |
| Trade debts | 44 | €7,819 | €2,268 | -€5,551 | -71.0% |
| Suppliers | 440/4 | €7,819 | €2,268 | -€5,551 | -71.0% |
| Taxes, remuneration and social security | 45 | €1,401 | €195 | -€1,206 | -86.1% |
| Taxes | 450/3 | €1,401 | €195 | -€1,206 | -86.1% |
| Other amounts payable | 47/48 | €212,487 | €222,772 | +€10,285 | +4.8% |
| Accrued charges and deferred income | 492/3 | €4,476 | €2,042 | -€2,434 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,720 | €25,896 | +€176 | +0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,441 | +€9,441 | |
| Other operating charges | 640/8 | €4,742 | €4,869 | +€126 | +2.7% |
| Gross operating margin | 9900 | €46,210 | €45,851 | -€358 | -0.8% |
| Operating profit (loss) | 9901 | €15,747 | €5,646 | -€10,101 | -64.1% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €5,209 | €944 | -€4,265 | -81.9% |
| Recurring financial charges | 65 | €5,209 | €944 | -€4,265 | -81.9% |
| Profit (loss) for the period before taxes | 9903 | €10,538 | €4,712 | -€5,826 | -55.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €10,538 | €4,712 | -€5,826 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,538 | €4,712 | -€5,826 | -55.3% |
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 14 October 2026 via checked.be.