ASTA MORRIS: 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.
ASTA MORRIS
Largest movements
- Receivables within one year -€51,601
down €51,601 (-40.1%), from €128,570 to €76,969
of which Trade receivables: -€57,376
- Stocks and contracts -€20,611
down €20,611 (-4.5%), from €461,376 to €440,764
- Tangible fixed assets -€12,456
down €12,456 (-13.5%), from €92,221 to €79,765
of which Furniture and vehicles: -€7,308
- Reserves -€87,316
down €87,316 (-25.3%), from €345,044 to €257,727
- Trade debts -€48,662
down €48,662 (-29.9%), from €162,538 to €113,875
- Other debts +€48,058
up €48,058 (+331%), from €14,522 to €62,580
- Profit (loss) carried forward +€12,695
up €12,695 (+37.1%), from -€34,173 to -€21,479
- Tax, wage and social debts -€8,495
down €8,495 (-59.8%), from €14,199 to €5,704
- Gross operating margin +€40,105
up €40,105 (+423%), from €9,481 to €49,586
- Financial charges -€6,066
down €6,066 (-23.8%), from €25,439 to €19,373
- Other operating charges -€1,953
down €1,953 (-36.8%), from €5,314 to €3,361
- Depreciation -€1,771
down €1,771 (-11.8%), from €14,991 to €13,220
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 | €694,704 | €614,091 | -€80,613 | -11.6% |
| Fixed assets | 21/28 | €92,221 | €79,765 | -€12,456 | -13.5% |
| Tangible fixed assets | 22/27 | €92,221 | €79,765 | -€12,456 | -13.5% |
| Land and buildings | 22 | €80,853 | €76,182 | -€4,671 | -5.8% |
| Plant, machinery and equipment | 23 | €832 | €355 | -€477 | -57.3% |
| Furniture and vehicles | 24 | €10,536 | €3,228 | -€7,308 | -69.4% |
| Current assets | 29/58 | €602,483 | €534,326 | -€68,157 | -11.3% |
| Stocks and contracts in progress | 3 | €461,376 | €440,764 | -€20,611 | -4.5% |
| Stocks | 30/36 | €461,376 | €440,764 | -€20,611 | -4.5% |
| Amounts receivable within one year | 40/41 | €128,570 | €76,969 | -€51,601 | -40.1% |
| Trade receivables | 40 | €92,489 | €35,112 | -€57,376 | -62.0% |
| Other amounts receivable | 41 | €36,081 | €41,857 | +€5,776 | +16.0% |
| Cash at bank and in hand | 54/58 | €10,926 | €15,986 | +€5,060 | +46.3% |
| Deferred charges and accrued income | 490/1 | €1,611 | €606 | -€1,005 | -62.4% |
| Total equity and liabilities | 10/49 | €694,704 | €614,091 | -€80,613 | -11.6% |
| Equity | 10/15 | €329,470 | €254,849 | -€74,621 | -22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €345,044 | €257,727 | -€87,316 | -25.3% |
| Distributable reserves | 133 | €345,044 | €257,727 | -€87,316 | -25.3% |
| Profit (loss) carried forward | 14 | -€34,173 | -€21,479 | +€12,695 | +37.1% |
| Amounts payable | 17/49 | €365,234 | €359,243 | -€5,991 | -1.6% |
| Amounts payable after more than one year | 17 | €21,644 | €21,644 | = | 0.0% |
| Other amounts payable | 178/9 | €21,644 | €21,644 | = | 0.0% |
| Amounts payable within one year | 42/48 | €339,574 | €332,608 | -€6,966 | -2.1% |
| Financial debts | 43 | €148,315 | €150,449 | +€2,134 | +1.4% |
| Credit institutions | 430/8 | €78,000 | - | -€78,000 | |
| Other loans | 439 | €70,315 | €150,449 | +€80,134 | +114% |
| Trade debts | 44 | €162,538 | €113,875 | -€48,662 | -29.9% |
| Suppliers | 440/4 | €162,538 | €113,875 | -€48,662 | -29.9% |
| Taxes, remuneration and social security | 45 | €14,199 | €5,704 | -€8,495 | -59.8% |
| Taxes | 450/3 | €14,199 | €5,704 | -€8,495 | -59.8% |
| Other amounts payable | 47/48 | €14,522 | €62,580 | +€48,058 | +331% |
| Accrued charges and deferred income | 492/3 | €4,016 | €4,990 | +€974 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,991 | €13,220 | -€1,771 | -11.8% |
| Other operating charges | 640/8 | €5,314 | €3,361 | -€1,953 | -36.8% |
| Gross operating margin | 9900 | €9,481 | €49,586 | +€40,105 | +423% |
| Operating profit (loss) | 9901 | -€10,823 | €33,005 | +€43,829 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €25,439 | €19,373 | -€6,066 | -23.8% |
| Recurring financial charges | 65 | €25,439 | €19,373 | -€6,066 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,262 | €13,639 | +€49,901 | |
| Income taxes | 67/77 | €623 | €945 | +€322 | +51.7% |
| Profit (loss) for the period | 9904 | -€36,885 | €12,695 | +€49,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,885 | €12,695 | +€49,579 |
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.