ASTEEMAN: 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.
ASTEEMAN
Largest movements
- Cash +€69,662
up €69,662 (+803.2%), from €8,673 to €78,335
mainly Net result for the year (+€134,661) and Other debts (+€129,950)
- Current investments +€31,236
up €31,236 (+62.5%), from €50,000 to €81,236
- Deferred charges and accrued income +€28,776
up €28,776 (+132.6%), from €21,709 to €50,485
- Tangible fixed assets -€6,618
down €6,618 (-37.5%), from €17,633 to €11,015
- Receivables within one year +€5,838
new in 2025: €5,838
- Other debts +€129,950
up €129,950 (+2758.3%), from €4,711 to €134,661
- Gross operating margin +€148,110
up €148,110 (+396.7%), from €37,338 to €185,448
- Taxes +€31,897
up €31,897 (+364.6%), from €8,748 to €40,645
- Depreciation +€2,165
up €2,165 (+26.5%), from €8,157 to €10,322
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 | €98,016 | €226,909 | +€128,893 | +131.5% |
| Fixed assets | 21/28 | €17,633 | €11,015 | -€6,618 | -37.5% |
| Tangible fixed assets | 22/27 | €17,633 | €11,015 | -€6,618 | -37.5% |
| Furniture and vehicles | 24 | €17,633 | €11,015 | -€6,618 | -37.5% |
| Current assets | 29/58 | €80,383 | €215,894 | +€135,511 | +168.6% |
| Amounts receivable within one year | 40/41 | - | €5,838 | +€5,838 | |
| Other amounts receivable | 41 | - | €5,838 | +€5,838 | |
| Current investments | 50/53 | €50,000 | €81,236 | +€31,236 | +62.5% |
| Cash at bank and in hand | 54/58 | €8,673 | €78,335 | +€69,662 | +803.2% |
| Deferred charges and accrued income | 490/1 | €21,709 | €50,485 | +€28,776 | +132.6% |
| Total equity and liabilities | 10/49 | €98,016 | €226,909 | +€128,893 | +131.5% |
| Equity | 10/15 | €79,834 | €79,834 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €76,834 | €76,834 | = | 0.0% |
| Distributable reserves | 133 | €76,834 | €76,834 | = | 0.0% |
| Amounts payable | 17/49 | €18,182 | €147,075 | +€128,893 | +708.9% |
| Amounts payable within one year | 42/48 | €18,182 | €147,075 | +€128,893 | +708.9% |
| Trade debts | 44 | €1,411 | €26 | -€1,385 | -98.2% |
| Suppliers | 440/4 | €1,411 | €26 | -€1,385 | -98.2% |
| Taxes, remuneration and social security | 45 | €12,059 | €12,387 | +€328 | +2.7% |
| Taxes | 450/3 | €12,059 | €12,387 | +€328 | +2.7% |
| Other amounts payable | 47/48 | €4,711 | €134,661 | +€129,950 | +2758.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,157 | €10,322 | +€2,165 | +26.5% |
| Other operating charges | 640/8 | €1,009 | €994 | -€15 | -1.5% |
| Gross operating margin | 9900 | €37,338 | €185,448 | +€148,110 | +396.7% |
| Operating profit (loss) | 9901 | €28,173 | €174,133 | +€145,961 | +518.1% |
| Financial income | 75/76B | €0 | €1,616 | +€1,616 | +1346916.7% |
| Recurring financial income | 75 | €0 | €1,616 | +€1,616 | +1346916.7% |
| Financial charges | 65/66B | €101 | €443 | +€342 | +338.9% |
| Recurring financial charges | 65 | €101 | €443 | +€342 | +338.9% |
| Profit (loss) for the period before taxes | 9903 | €28,072 | €175,307 | +€147,235 | +524.5% |
| Income taxes | 67/77 | €8,748 | €40,645 | +€31,897 | +364.6% |
| Profit (loss) for the period | 9904 | €19,323 | €134,661 | +€115,338 | +596.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,323 | €134,661 | +€115,338 | +596.9% |
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 30 September 2026 via checked.be.