ASTENCO: 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.
ASTENCO
Largest movements
- Tangible fixed assets +€58,798
up €58,798 (+86.3%), from €68,132 to €126,930
of which Assets under construction and advance payments: +€61,804
- Receivables within one year +€51,799
up €51,799 (+4.7%), from €1.1m to €1.2m
of which Other amounts receivable: +€80,184
- Reserves +€88,985
up €88,985 (+8.0%), from €1.1m to €1.2m
- Trade debts +€27,401
up €27,401 (+51.4%), from €53,300 to €80,701
- Debts after one year -€14,777
down €14,777 (-100%), from €14,777 to €0
- Gross operating margin -€35,647
down €35,647 (-21.1%), from €169,216 to €133,569
- Depreciation +€16,608
up €16,608 (+119%), from €13,952 to €30,560
- Financial income -€15,774
down €15,774 (-36.2%), from €43,610 to €27,836
- Taxes -€13,691
down €13,691 (-25.5%), from €53,619 to €39,927
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 | €1,223,343 | €1,325,020 | +€101,676 | +8.3% |
| Fixed assets | 21/28 | €68,132 | €126,930 | +€58,798 | +86.3% |
| Tangible fixed assets | 22/27 | €68,132 | €126,930 | +€58,798 | +86.3% |
| Plant, machinery and equipment | 23 | €58,055 | €57,142 | -€913 | -1.6% |
| Furniture and vehicles | 24 | €10,077 | €7,984 | -€2,093 | -20.8% |
| Assets under construction and advance payments | 27 | - | €61,804 | +€61,804 | |
| Current assets | 29/58 | €1,155,211 | €1,198,090 | +€42,879 | +3.7% |
| Amounts receivable within one year | 40/41 | €1,103,658 | €1,155,457 | +€51,799 | +4.7% |
| Trade receivables | 40 | €176,385 | €148,000 | -€28,385 | -16.1% |
| Other amounts receivable | 41 | €927,273 | €1,007,457 | +€80,184 | +8.6% |
| Cash at bank and in hand | 54/58 | €51,553 | €42,588 | -€8,965 | -17.4% |
| Deferred charges and accrued income | 490/1 | - | €45 | +€45 | |
| Total equity and liabilities | 10/49 | €1,223,343 | €1,325,020 | +€101,676 | +8.3% |
| Equity | 10/15 | €1,136,129 | €1,225,115 | +€88,985 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,117,529 | €1,206,515 | +€88,985 | +8.0% |
| Distributable reserves | 133 | €1,117,529 | €1,206,515 | +€88,985 | +8.0% |
| Amounts payable | 17/49 | €87,214 | €99,905 | +€12,691 | +14.6% |
| Amounts payable after more than one year | 17 | €14,777 | €0 | -€14,777 | -100% |
| Financial debts | 170/4 | €14,777 | €0 | -€14,777 | -100% |
| Amounts payable within one year | 42/48 | €72,438 | €99,905 | +€27,468 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €14,637 | €14,777 | +€140 | +1.0% |
| Trade debts | 44 | €53,300 | €80,701 | +€27,401 | +51.4% |
| Suppliers | 440/4 | €53,300 | €80,701 | +€27,401 | +51.4% |
| Taxes, remuneration and social security | 45 | €4,500 | €4,427 | -€73 | -1.6% |
| Taxes | 450/3 | €4,500 | €4,427 | -€73 | -1.6% |
| Non-recurring operating income | 76A | €2,843 | €0 | -€2,843 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,952 | €30,560 | +€16,608 | +119% |
| Other operating charges | 640/8 | €513 | €1,126 | +€613 | +119% |
| Gross operating margin | 9900 | €169,216 | €133,569 | -€35,647 | -21.1% |
| Operating profit (loss) | 9901 | €154,751 | €101,882 | -€52,868 | -34.2% |
| Financial income | 75/76B | €43,610 | €27,836 | -€15,774 | -36.2% |
| Recurring financial income | 75 | €43,610 | €27,836 | -€15,774 | -36.2% |
| Financial charges | 65/66B | €651 | €805 | +€155 | +23.8% |
| Recurring financial charges | 65 | €651 | €805 | +€155 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €197,710 | €128,913 | -€68,797 | -34.8% |
| Income taxes | 67/77 | €53,619 | €39,927 | -€13,691 | -25.5% |
| Profit (loss) for the period | 9904 | €144,091 | €88,985 | -€55,106 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €144,091 | €88,985 | -€55,106 | -38.2% |
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 19 October 2026 via checked.be.