ASSYRIAN: 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.
ASSYRIAN
Largest movements
- Stocks and contracts +€69,975
up €69,975 (+168.4%), from €41,564 to €111,539
- Receivables within one year +€61,299
up €61,299 (+63.8%), from €96,019 to €157,317
of which Trade receivables: +€66,182
- Tangible fixed assets -€15,649
down €15,649 (-8.6%), from €181,803 to €166,154
of which Other tangible fixed assets: -€8,905
- Cash -€4,683
no longer reported in 2024 (was €4,683)
mainly Stocks and contracts (-€69,975) and Receivables within one year (-€61,299)
- Short-term financial debts +€75,545
new in 2024: €75,545
- Debts after one year +€53,007
up €53,007 (+31.1%), from €170,348 to €223,355
of which Financial debts: +€53,007
- Other debts -€49,908
down €49,908 (-57.7%), from €86,492 to €36,584
- Trade debts +€25,496
up €25,496 (+39.8%), from €63,996 to €89,492
- Current portion of long-term debt +€8,646
up €8,646 (+115.6%), from €7,480 to €16,126
- Gross operating margin +€12,294
up €12,294 (+366.7%), from €3,353 to €15,647
- Financial charges +€4,695
up €4,695 (+307.4%), from €1,527 to €6,222
- Depreciation +€2,996
up €2,996 (+23.7%), from €12,653 to €15,649
- Taxes -€306
no longer reported in 2024 (was €306)
- Other operating charges -€218
no longer reported in 2024 (was €218)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,953 | €444,011 | +€107,058 | +31.8% |
| Fixed assets | 21/28 | €190,803 | €175,154 | -€15,649 | -8.2% |
| Tangible fixed assets | 22/27 | €181,803 | €166,154 | -€15,649 | -8.6% |
| Land and buildings | 22 | €106,505 | €103,040 | -€3,465 | -3.3% |
| Furniture and vehicles | 24 | €8,971 | €5,692 | -€3,279 | -36.6% |
| Other tangible fixed assets | 26 | €66,327 | €57,422 | -€8,905 | -13.4% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €146,150 | €268,857 | +€122,706 | +84.0% |
| Stocks and contracts in progress | 3 | €41,564 | €111,539 | +€69,975 | +168.4% |
| Stocks | 30/36 | €41,564 | €111,539 | +€69,975 | +168.4% |
| Amounts receivable within one year | 40/41 | €96,019 | €157,317 | +€61,299 | +63.8% |
| Trade receivables | 40 | €87,507 | €153,689 | +€66,182 | +75.6% |
| Other amounts receivable | 41 | €8,512 | €3,629 | -€4,883 | -57.4% |
| Cash at bank and in hand | 54/58 | €4,683 | - | -€4,683 | |
| Deferred charges and accrued income | 490/1 | €3,884 | - | -€3,884 | |
| Total equity and liabilities | 10/49 | €336,953 | €444,011 | +€107,058 | +31.8% |
| Equity | 10/15 | €8,072 | €1,848 | -€6,223 | -77.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,618 | €1,618 | = | 0.0% |
| Distributable reserves | 133 | €1,618 | €1,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,146 | -€18,369 | -€6,223 | -51.2% |
| Amounts payable | 17/49 | €328,882 | €442,163 | +€113,281 | +34.4% |
| Amounts payable after more than one year | 17 | €170,348 | €223,355 | +€53,007 | +31.1% |
| Financial debts | 170/4 | €68,233 | €121,240 | +€53,007 | +77.7% |
| Other amounts payable | 178/9 | €102,115 | €102,115 | = | 0.0% |
| Amounts payable within one year | 42/48 | €158,522 | €218,440 | +€59,917 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €7,480 | €16,126 | +€8,646 | +115.6% |
| Financial debts | 43 | - | €75,545 | +€75,545 | |
| Credit institutions | 430/8 | - | €75,545 | +€75,545 | |
| Trade debts | 44 | €63,996 | €89,492 | +€25,496 | +39.8% |
| Suppliers | 440/4 | €63,996 | €89,492 | +€25,496 | +39.8% |
| Taxes, remuneration and social security | 45 | €554 | €693 | +€139 | +25.0% |
| Taxes | 450/3 | €554 | €693 | +€139 | +25.0% |
| Other amounts payable | 47/48 | €86,492 | €36,584 | -€49,908 | -57.7% |
| Accrued charges and deferred income | 492/3 | €11 | €368 | +€357 | +3333.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,653 | €15,649 | +€2,996 | +23.7% |
| Other operating charges | 640/8 | €218 | - | -€218 | |
| Gross operating margin | 9900 | €3,353 | €15,647 | +€12,294 | +366.7% |
| Operating profit (loss) | 9901 | -€9,518 | -€2 | +€9,516 | +100.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,527 | €6,222 | +€4,695 | +307.4% |
| Recurring financial charges | 65 | €1,527 | €6,222 | +€4,695 | +307.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,045 | -€6,223 | +€4,822 | +43.7% |
| Income taxes | 67/77 | €306 | - | -€306 | |
| Profit (loss) for the period | 9904 | -€11,351 | -€6,223 | +€5,128 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,351 | -€6,223 | +€5,128 | +45.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.