ASTAN: 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.
ASTAN
Largest movements
- Current investments +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Cash +€39,339
up €39,339 (+60.8%), from €64,719 to €104,058
mainly Net result for the year (+€90,364) and Other debts (+€15,935)
- Tangible fixed assets -€10,327
down €10,327 (-21.4%), from €48,191 to €37,864
- Reserves +€59,000
up €59,000 (+24.0%), from €245,370 to €304,370
of which Distributable reserves: +€59,000
- Other debts +€15,935
up €15,935 (+109.7%), from €14,528 to €30,463
- Gross operating margin +€35,190
up €35,190 (+34.3%), from €102,556 to €137,747
- Taxes +€8,576
up €8,576 (+30.2%), from €28,388 to €36,964
- Depreciation +€6,884
up €6,884 (+200.0%), from €3,442 to €10,327
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.
Cash bridge derived
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 | €283,332 | €361,209 | +€77,877 | +27.5% |
| Fixed assets | 21/28 | €48,191 | €37,864 | -€10,327 | -21.4% |
| Tangible fixed assets | 22/27 | €48,191 | €37,864 | -€10,327 | -21.4% |
| Furniture and vehicles | 24 | €48,191 | €37,864 | -€10,327 | -21.4% |
| Current assets | 29/58 | €235,142 | €323,345 | +€88,204 | +37.5% |
| Amounts receivable within one year | 40/41 | €16,589 | €15,137 | -€1,452 | -8.8% |
| Trade receivables | 40 | €16,589 | €14,273 | -€2,316 | -14.0% |
| Other amounts receivable | 41 | - | €864 | +€864 | |
| Current investments | 50/53 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €64,719 | €104,058 | +€39,339 | +60.8% |
| Deferred charges and accrued income | 490/1 | €3,833 | €4,150 | +€317 | +8.3% |
| Total equity and liabilities | 10/49 | €283,332 | €361,209 | +€77,877 | +27.5% |
| Equity | 10/15 | €251,635 | €310,999 | +€59,364 | +23.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €245,370 | €304,370 | +€59,000 | +24.0% |
| Non-distributable reserves | 130/1 | €2,370 | €2,370 | = | 0.0% |
| Legal reserve | 130 | €2,370 | €2,370 | = | 0.0% |
| Distributable reserves | 133 | €243,000 | €302,000 | +€59,000 | +24.3% |
| Profit (loss) carried forward | 14 | €65 | €429 | +€364 | +559.8% |
| Amounts payable | 17/49 | €31,697 | €50,211 | +€18,513 | +58.4% |
| Amounts payable within one year | 42/48 | €31,697 | €50,211 | +€18,513 | +58.4% |
| Trade debts | 44 | €1,567 | €1,411 | -€156 | -10.0% |
| Suppliers | 440/4 | €1,567 | €1,411 | -€156 | -10.0% |
| Taxes, remuneration and social security | 45 | €15,602 | €18,337 | +€2,735 | +17.5% |
| Taxes | 450/3 | €9,062 | €9,337 | +€275 | +3.0% |
| Remuneration and social security | 454/9 | €6,540 | €9,000 | +€2,460 | +37.6% |
| Other amounts payable | 47/48 | €14,528 | €30,463 | +€15,935 | +109.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,442 | €10,327 | +€6,884 | +200.0% |
| Other operating charges | 640/8 | €922 | €1,142 | +€220 | +23.8% |
| Gross operating margin | 9900 | €102,556 | €137,747 | +€35,190 | +34.3% |
| Operating profit (loss) | 9901 | €98,192 | €126,278 | +€28,086 | +28.6% |
| Financial income | 75/76B | €2,270 | €1,094 | -€1,176 | -51.8% |
| Recurring financial income | 75 | €2,270 | €1,094 | -€1,176 | -51.8% |
| Financial charges | 65/66B | €42 | €45 | +€3 | +7.9% |
| Recurring financial charges | 65 | €42 | €45 | +€3 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €100,421 | €127,328 | +€26,907 | +26.8% |
| Income taxes | 67/77 | €28,388 | €36,964 | +€8,576 | +30.2% |
| Profit (loss) for the period | 9904 | €72,033 | €90,364 | +€18,331 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,033 | €90,364 | +€18,331 | +25.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.