Aster: 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.
Aster
Largest movements
- Cash +€90,595
up €90,595 (+21.1%), from €428,522 to €519,117
mainly Net result for the year (+€184,557) and Receivables within one year (+€26,064)
- Deferred charges and accrued income +€58,745
up €58,745 (+129%), from €45,608 to €104,353
- Reserves +€184,557
up €184,557 (+6.8%), from €2.7m to €2.9m
- Other debts -€41,756
down €41,756 (-13.8%), from €302,830 to €261,074
- Financial income +€74,955
up €74,955 (+65.9%), from €113,731 to €188,687
- Other operating charges -€31,104
down €31,104 (-95.2%), from €32,674 to €1,570
- Taxes +€28,170
up €28,170 (+96.9%), from €29,075 to €57,245
- Financial charges -€6,827
down €6,827 (-80.2%), from €8,510 to €1,683
- Gross operating margin +€1,244
up €1,244 (+2.0%), from €62,316 to €63,560
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 | €3,134,092 | €3,264,761 | +€130,668 | +4.2% |
| Fixed assets | 21/28 | €58,799 | €66,190 | +€7,392 | +12.6% |
| Tangible fixed assets | 22/27 | €55,699 | €63,090 | +€7,392 | +13.3% |
| Plant, machinery and equipment | 23 | €665 | €181 | -€484 | -72.8% |
| Furniture and vehicles | 24 | €3,989 | €2,707 | -€1,282 | -32.1% |
| Other tangible fixed assets | 26 | €51,045 | €60,203 | +€9,157 | +17.9% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €3,075,293 | €3,198,570 | +€123,277 | +4.0% |
| Amounts receivable after more than one year | 29 | €2,573,000 | €2,573,000 | = | 0.0% |
| Other amounts receivable | 291 | €2,573,000 | €2,573,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,164 | €2,100 | -€26,064 | -92.5% |
| Trade receivables | 40 | €14,179 | - | -€14,179 | |
| Other amounts receivable | 41 | €13,984 | €2,100 | -€11,884 | -85.0% |
| Cash at bank and in hand | 54/58 | €428,522 | €519,117 | +€90,595 | +21.1% |
| Deferred charges and accrued income | 490/1 | €45,608 | €104,353 | +€58,745 | +129% |
| Total equity and liabilities | 10/49 | €3,134,092 | €3,264,761 | +€130,668 | +4.2% |
| Equity | 10/15 | €2,739,790 | €2,924,347 | +€184,557 | +6.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,721,240 | €2,905,797 | +€184,557 | +6.8% |
| Distributable reserves | 133 | €2,721,240 | €2,905,797 | +€184,557 | +6.8% |
| Amounts payable | 17/49 | €394,302 | €340,414 | -€53,889 | -13.7% |
| Amounts payable after more than one year | 17 | €61,095 | €61,095 | = | 0.0% |
| Financial debts | 170/4 | €61,095 | €61,095 | = | 0.0% |
| Amounts payable within one year | 42/48 | €333,207 | €279,318 | -€53,889 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €8,721 | - | -€8,721 | |
| Trade debts | 44 | €4,696 | €11,235 | +€6,539 | +139% |
| Suppliers | 440/4 | €4,696 | €11,235 | +€6,539 | +139% |
| Taxes, remuneration and social security | 45 | €16,960 | €7,009 | -€9,951 | -58.7% |
| Taxes | 450/3 | €16,960 | €7,009 | -€9,951 | -58.7% |
| Other amounts payable | 47/48 | €302,830 | €261,074 | -€41,756 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,927 | €7,191 | -€737 | -9.3% |
| Other operating charges | 640/8 | €32,674 | €1,570 | -€31,104 | -95.2% |
| Gross operating margin | 9900 | €62,316 | €63,560 | +€1,244 | +2.0% |
| Operating profit (loss) | 9901 | €21,714 | €54,799 | +€33,085 | +152% |
| Financial income | 75/76B | €113,731 | €188,687 | +€74,955 | +65.9% |
| Recurring financial income | 75 | €113,731 | €188,687 | +€74,955 | +65.9% |
| Financial charges | 65/66B | €8,510 | €1,683 | -€6,827 | -80.2% |
| Recurring financial charges | 65 | €8,510 | €1,683 | -€6,827 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | €126,935 | €241,802 | +€114,868 | +90.5% |
| Income taxes | 67/77 | €29,075 | €57,245 | +€28,170 | +96.9% |
| Profit (loss) for the period | 9904 | €97,860 | €184,557 | +€86,697 | +88.6% |
| Transfer from tax-exempt reserves | 789 | €84,200 | - | -€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €182,060 | €184,557 | +€2,497 | +1.4% |
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 27 October 2026 via checked.be.