ASTACUS: 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.
ASTACUS
Largest movements
- Cash +€320,284
up €320,284 (+1,969%), from €16,264 to €336,548
mainly Debts after one year (+€325,255) and Other debts (+€202,153)
- Tangible fixed assets +€170,919
up €170,919 (+31.1%), from €549,292 to €720,211
of which Assets under construction and advance payments: +€170,919
- Debts after one year +€325,255
new in 2025: €325,255
- Other debts +€202,153
up €202,153 (+30.6%), from €661,120 to €863,273
- Profit (loss) carried forward -€25,901
down €25,901 (-5.5%), from -€467,845 to -€493,746
- Trade debts -€15,503
down €15,503 (-18.0%), from €86,171 to €70,669
- Financial income +€1,644
up €1,644, from €0 to €1,644
- Gross operating margin -€1,317
down €1,317 (-17.3%), from -€7,600 to -€8,917
- Other operating charges +€194
up €194 (+1.1%), from €18,306 to €18,500
- Depreciation -€154
down €154 (-100%), from €154 to €0
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 | €579,573 | €1,065,451 | +€485,877 | +83.8% |
| Fixed assets | 21/28 | €549,292 | €720,211 | +€170,919 | +31.1% |
| Tangible fixed assets | 22/27 | €549,292 | €720,211 | +€170,919 | +31.1% |
| Land and buildings | 22 | €30,411 | €30,411 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €518,881 | €689,800 | +€170,919 | +32.9% |
| Current assets | 29/58 | €30,281 | €345,240 | +€314,958 | +1,040% |
| Amounts receivable within one year | 40/41 | €14,018 | €8,692 | -€5,325 | -38.0% |
| Trade receivables | 40 | €144 | €0 | -€144 | -100% |
| Other amounts receivable | 41 | €13,873 | €8,692 | -€5,181 | -37.3% |
| Cash at bank and in hand | 54/58 | €16,264 | €336,548 | +€320,284 | +1,969% |
| Total equity and liabilities | 10/49 | €579,573 | €1,065,451 | +€485,877 | +83.8% |
| Equity | 10/15 | -€167,845 | -€193,746 | -€25,901 | -15.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€467,845 | -€493,746 | -€25,901 | -5.5% |
| Amounts payable | 17/49 | €747,418 | €1,259,197 | +€511,779 | +68.5% |
| Amounts payable after more than one year | 17 | - | €325,255 | +€325,255 | |
| Financial debts | 170/4 | - | €325,255 | +€325,255 | |
| Amounts payable within one year | 42/48 | €747,418 | €933,942 | +€186,523 | +25.0% |
| Trade debts | 44 | €86,171 | €70,669 | -€15,503 | -18.0% |
| Suppliers | 440/4 | €86,171 | €70,669 | -€15,503 | -18.0% |
| Taxes, remuneration and social security | 45 | €127 | €0 | -€127 | -100% |
| Taxes | 450/3 | €127 | €0 | -€127 | -100% |
| Other amounts payable | 47/48 | €661,120 | €863,273 | +€202,153 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154 | €0 | -€154 | -100% |
| Other operating charges | 640/8 | €18,306 | €18,500 | +€194 | +1.1% |
| Gross operating margin | 9900 | -€7,600 | -€8,917 | -€1,317 | -17.3% |
| Operating profit (loss) | 9901 | -€26,060 | -€27,417 | -€1,357 | -5.2% |
| Financial income | 75/76B | €0 | €1,644 | +€1,644 | |
| Recurring financial income | 75 | €0 | €1,644 | +€1,644 | |
| Financial charges | 65/66B | €113 | €129 | +€16 | +14.3% |
| Recurring financial charges | 65 | €113 | €129 | +€16 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,172 | -€25,901 | +€271 | +1.0% |
| Profit (loss) for the period | 9904 | -€26,172 | -€25,901 | +€271 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,172 | -€25,901 | +€271 | +1.0% |
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 15 October 2026 via checked.be.