ASTER IMMO: 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.
ASTER IMMO
Largest movements
- Cash -€242,880
down €242,880 (-80.0%), from €303,450 to €60,570
mainly Investment in fixed assets (net) (-€257,223) and Net result for the year (-€48,798)
- Tangible fixed assets +€191,023
up €191,023 (+8.4%), from €2.3m to €2.5m
of which Land and buildings: +€157,508
- Profit (loss) carried forward -€48,798
down €48,798 (-28.8%), from -€169,535 to -€218,333
- Gross operating margin +€68,307
up €68,307, from -€45,093 to €23,214
- Depreciation -€56,426
down €56,426 (-46.0%), from €122,626 to €66,200
- Financial charges +€5,821
up €5,821 (+594.0%), from €980 to €6,801
- Financial income +€1,359
up €1,359 (+1235.5%), from €110 to €1,469
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 | €2,827,548 | €2,753,299 | -€74,249 | -2.6% |
| Fixed assets | 21/28 | €2,278,090 | €2,469,113 | +€191,023 | +8.4% |
| Tangible fixed assets | 22/27 | €2,278,090 | €2,469,113 | +€191,023 | +8.4% |
| Land and buildings | 22 | €2,278,090 | €2,435,598 | +€157,508 | +6.9% |
| Plant, machinery and equipment | 23 | - | €33,515 | +€33,515 | |
| Current assets | 29/58 | €549,458 | €284,186 | -€265,272 | -48.3% |
| Amounts receivable after more than one year | 29 | €223,500 | €205,500 | -€18,000 | -8.1% |
| Other amounts receivable | 291 | €223,500 | €205,500 | -€18,000 | -8.1% |
| Amounts receivable within one year | 40/41 | €22,508 | €18,116 | -€4,392 | -19.5% |
| Trade receivables | 40 | €4,508 | €116 | -€4,392 | -97.4% |
| Other amounts receivable | 41 | €18,000 | €18,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €303,450 | €60,570 | -€242,880 | -80.0% |
| Total equity and liabilities | 10/49 | €2,827,548 | €2,753,299 | -€74,249 | -2.6% |
| Equity | 10/15 | €830,465 | €781,667 | -€48,798 | -5.9% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,535 | -€218,333 | -€48,798 | -28.8% |
| Amounts payable | 17/49 | €1,997,083 | €1,971,632 | -€25,451 | -1.3% |
| Amounts payable after more than one year | 17 | €1,901,378 | €1,875,736 | -€25,642 | -1.3% |
| Financial debts | 170/4 | €191,978 | €184,336 | -€7,642 | -4.0% |
| Other amounts payable | 178/9 | €1,709,400 | €1,691,400 | -€18,000 | -1.1% |
| Amounts payable within one year | 42/48 | €95,705 | €95,896 | +€191 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €7,414 | €7,642 | +€228 | +3.1% |
| Trade debts | 44 | €291 | €254 | -€37 | -12.7% |
| Suppliers | 440/4 | €291 | €254 | -€37 | -12.7% |
| Other amounts payable | 47/48 | €88,000 | €88,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,626 | €66,200 | -€56,426 | -46.0% |
| Other operating charges | 640/8 | €912 | €480 | -€432 | -47.4% |
| Gross operating margin | 9900 | -€45,093 | €23,214 | +€68,307 | |
| Operating profit (loss) | 9901 | -€168,631 | -€43,466 | +€125,165 | +74.2% |
| Financial income | 75/76B | €110 | €1,469 | +€1,359 | +1235.5% |
| Recurring financial income | 75 | €110 | €1,469 | +€1,359 | +1235.5% |
| Financial charges | 65/66B | €980 | €6,801 | +€5,821 | +594.0% |
| Recurring financial charges | 65 | €980 | €6,801 | +€5,821 | +594.0% |
| Profit (loss) for the period before taxes | 9903 | -€169,501 | -€48,798 | +€120,703 | +71.2% |
| Income taxes | 67/77 | €34 | - | -€34 | |
| Profit (loss) for the period | 9904 | -€169,535 | -€48,798 | +€120,737 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€169,535 | -€48,798 | +€120,737 | +71.2% |
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.