ASTER WOLUWE: what changed
What changed
ASTER WOLUWE
filed annual accounts (NBB)
Net result for the year
-€29,243
2024 · €19,823-€49,066
Equity
€2,214
2024 · €31,457-€29,243
Cash
€5,175
2024 · €6,615-€1,440
Balance sheet total
€848,811
2024 · €868,443-€19,632
Largest movements
Assets
- Tangible fixed assets -€18,161
down €18,161 (-2.2%), from €844,236 to €826,075
of which Land and buildings: -€25,003
Equity and liabilities
- Profit (loss) carried forward -€29,243
down €29,243, from €12,857 to -€16,386
- Other debts +€23,267
up €23,267 (+6.6%), from €352,783 to €376,050
- Debts after one year -€18,693
down €18,693 (-4.1%), from €460,746 to €442,053
- Current portion of long-term debt +€11,472
up €11,472 (+87.8%), from €13,071 to €24,543
Income statement
- Financial charges +€28,019
up €28,019 (+352%), from €7,964 to €35,983
- Gross operating margin -€25,618
down €25,618 (-40.3%), from €63,589 to €37,971
- Taxes -€3,434
down €3,434 (-96.9%), from €3,544 to €110
- Other operating charges -€2,279
down €2,279 (-62.6%), from €3,640 to €1,361
- Depreciation +€1,292
up €1,292 (+4.5%), from €28,859 to €30,151
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€19,823
Gross operating margin
-€25,618
Depreciation
-€1,292
Other operating charges
+€2,279
Financial income
+€151
Financial charges
-€28,019
Taxes
+€3,434
Result 2025
-€29,243
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€17,771
Investment
-€11,990
Financing
-€7,221
Cash 2024
€6,615
From operations (derived)
+€17,771
Net result for the year
-€29,243
Depreciation
+€30,151
Receivables within one year
+€230
Deferred charges and accrued income
-€200
Trade debts
-€3,741
Other debts
+€23,267
Accrued charges and deferred income
-€2,694
Investment (derived)
-€11,990
Investment in fixed assets (net)
-€11,990
Financing
-€7,221
Debts after one year
-€18,693
Current portion of long-term debt
+€11,472
Cash 2025
€5,175
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €868,443 | €848,811 | -€19,632 | -2.3% |
| Fixed assets | 21/28 | €849,236 | €831,075 | -€18,161 | -2.1% |
| Tangible fixed assets | 22/27 | €844,236 | €826,075 | -€18,161 | -2.2% |
| Land and buildings | 22 | €808,314 | €783,312 | -€25,003 | -3.1% |
| Plant, machinery and equipment | 23 | €114 | €34 | -€81 | -70.6% |
| Furniture and vehicles | 24 | €2,489 | €11,520 | +€9,031 | +363% |
| Other tangible fixed assets | 26 | €33,318 | €31,209 | -€2,109 | -6.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €19,207 | €17,737 | -€1,470 | -7.7% |
| Amounts receivable within one year | 40/41 | €12,592 | €12,362 | -€230 | -1.8% |
| Trade receivables | 40 | - | €4,461 | +€4,461 | |
| Other amounts receivable | 41 | €12,592 | €7,901 | -€4,691 | -37.3% |
| Cash at bank and in hand | 54/58 | €6,615 | €5,175 | -€1,440 | -21.8% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €868,443 | €848,811 | -€19,632 | -2.3% |
| Equity | 10/15 | €31,457 | €2,214 | -€29,243 | -93.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,857 | -€16,386 | -€29,243 | |
| Amounts payable | 17/49 | €836,986 | €846,598 | +€9,611 | +1.1% |
| Amounts payable after more than one year | 17 | €460,746 | €442,053 | -€18,693 | -4.1% |
| Financial debts | 170/4 | €460,746 | €442,053 | -€18,693 | -4.1% |
| Amounts payable within one year | 42/48 | €373,547 | €404,545 | +€30,998 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €13,071 | €24,543 | +€11,472 | +87.8% |
| Trade debts | 44 | €7,693 | €3,952 | -€3,741 | -48.6% |
| Suppliers | 440/4 | €7,693 | €3,952 | -€3,741 | -48.6% |
| Other amounts payable | 47/48 | €352,783 | €376,050 | +€23,267 | +6.6% |
| Accrued charges and deferred income | 492/3 | €2,694 | - | -€2,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,859 | €30,151 | +€1,292 | +4.5% |
| Other operating charges | 640/8 | €3,640 | €1,361 | -€2,279 | -62.6% |
| Gross operating margin | 9900 | €63,589 | €37,971 | -€25,618 | -40.3% |
| Operating profit (loss) | 9901 | €31,090 | €6,459 | -€24,631 | -79.2% |
| Financial income | 75/76B | €241 | €391 | +€151 | +62.5% |
| Recurring financial income | 75 | €241 | €391 | +€151 | +62.5% |
| Financial charges | 65/66B | €7,964 | €35,983 | +€28,019 | +352% |
| Recurring financial charges | 65 | €7,964 | €35,983 | +€28,019 | +352% |
| Profit (loss) for the period before taxes | 9903 | €23,367 | -€29,133 | -€52,500 | |
| Income taxes | 67/77 | €3,544 | €110 | -€3,434 | -96.9% |
| Profit (loss) for the period | 9904 | €19,823 | -€29,243 | -€49,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,823 | -€29,243 | -€49,066 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.