ASTERX HORECA: 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.
What changed
ASTERX HORECA
NACE 46.349, Wholesale of beverages, general range
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€542,367
2025 · -€967,298+€424,931
Equity
€264,894
2025 · €807,262-€542,367
Cash
€37,296
2025 · €69,708-€32,412
Balance sheet total
€9.3m
2025 · €10.4m-€1.2m
Largest movements
Assets
- Receivables within one year -€494,646
down €494,646 (-10.7%), from €4.6m to €4.1m
of which Trade receivables: -€378,164
- Intangible fixed assets -€385,971
down €385,971 (-14.7%), from €2.6m to €2.2m
- Tangible fixed assets -€238,340
down €238,340 (-30.1%), from €791,733 to €553,393
of which Other tangible fixed assets: -€156,711
- Stocks and contracts +€119,265
up €119,265 (+6.1%), from €2.0m to €2.1m
- Financial fixed assets -€105,750
down €105,750 (-56.7%), from €186,388 to €80,638
of which Companies linked by participating interests: -€90,000
Equity and liabilities
- Debts after one year -€714,594
down €714,594 (-29.2%), from €2.4m to €1.7m
of which Financial debts: -€710,244
- Short-term financial debts -€661,857
down €661,857 (-24.3%), from €2.7m to €2.1m
- Profit (loss) carried forward -€542,367
down €542,367 (-55.5%), from -€976,381 to -€1.5m
- Other debts +€508,614
up €508,614 (+61.1%), from €832,549 to €1.3m
- Trade debts +€207,666
up €207,666 (+8.9%), from €2.3m to €2.5m
Income statement
- Other operating income -€844,569
down €844,569 (-35.6%), from €2.4m to €1.5m
- Services and other goods -€724,395
down €724,395 (-21.4%), from €3.4m to €2.7m
- Goods and materials +€511,326
up €511,326 (+4.5%), from €11.5m to €12.0m
of which Purchases: +€1.5m
- Turnover +€390,987
up €390,987 (+2.7%), from €14.4m to €14.8m
- Write-downs +€180,360
up €180,360 (+181.5%), from €99,348 to €279,707
From the 2025 result to the 2026 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.
Result 2025
-€967,298
Turnover
+€390,987
Other operating income
-€844,569
Goods and materials
-€511,326
Services and other goods
+€724,395
Staff costs
+€36,263
Depreciation
+€74,806
Write-downs
-€180,360
Other operating charges
-€42,659
Other operating items
+€890,275
Financial income
+€22,496
Financial charges
-€135,195
Taxes
-€183
Result 2026
-€542,367
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.3m
Investment
+€83,639
Financing
-€1.4m
Cash 2025
€69,708
From operations (derived)
+€1.3m
Net result for the year
-€542,367
Depreciation
+€646,422
Receivables after one year
-€208
Stocks and contracts
-€119,265
Receivables within one year
+€494,646
Deferred charges and accrued income
+€29,707
Trade debts
+€207,666
Tax, wage and social debts
-€8,879
Other debts
+€508,614
Accrued charges and deferred income
+€89,635
Investment (derived)
+€83,639
Investment in fixed assets (net)
+€83,639
Financing
-€1.4m
Debts after one year
-€714,594
Current portion of long-term debt
-€45,569
Short-term financial debts
-€661,857
Cash 2026
€37,296
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,421,028 | €9,253,676 | -€1.2m | -11.2% |
| Fixed assets | 21/28 | €3,600,689 | €2,870,628 | -€730,061 | -20.3% |
| Intangible fixed assets | 21 | €2,622,569 | €2,236,598 | -€385,971 | -14.7% |
| Tangible fixed assets | 22/27 | €791,733 | €553,393 | -€238,340 | -30.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €80,452 | €50,395 | -€30,057 | -37.4% |
| Furniture and vehicles | 24 | €287,064 | €214,702 | -€72,362 | -25.2% |
| Leasing and similar rights | 25 | €65,341 | €86,132 | +€20,791 | +31.8% |
| Other tangible fixed assets | 26 | €358,876 | €202,164 | -€156,711 | -43.7% |
| Financial fixed assets | 28 | €186,388 | €80,638 | -€105,750 | -56.7% |
| Companies linked by participating interests | 282/3 | €90,000 | €0 | -€90,000 | -100.0% |
| Participating interests | 282 | €90,000 | €0 | -€90,000 | -100.0% |
| Other financial fixed assets | 284/8 | €96,388 | €80,638 | -€15,750 | -16.3% |
| Shares | 284 | €56,500 | €56,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €39,888 | €24,138 | -€15,750 | -39.5% |
| Current assets | 29/58 | €6,820,339 | €6,383,048 | -€437,291 | -6.4% |
| Amounts receivable after more than one year | 29 | €1,042 | €1,250 | +€208 | +20.0% |
| Other amounts receivable | 291 | €1,042 | €1,250 | +€208 | +20.0% |
| Stocks and contracts in progress | 3 | €1,951,662 | €2,070,927 | +€119,265 | +6.1% |
| Stocks | 30/36 | €1,951,662 | €2,070,927 | +€119,265 | +6.1% |
| Goods purchased for resale | 34 | €1,951,662 | €2,070,927 | +€119,265 | +6.1% |
| Amounts receivable within one year | 40/41 | €4,623,266 | €4,128,619 | -€494,646 | -10.7% |
| Trade receivables | 40 | €2,753,417 | €2,375,253 | -€378,164 | -13.7% |
| Other amounts receivable | 41 | €1,869,848 | €1,753,366 | -€116,482 | -6.2% |
| Cash at bank and in hand | 54/58 | €69,708 | €37,296 | -€32,412 | -46.5% |
| Deferred charges and accrued income | 490/1 | €174,662 | €144,955 | -€29,707 | -17.0% |
| Total equity and liabilities | 10/49 | €10,421,028 | €9,253,676 | -€1.2m | -11.2% |
| Equity | 10/15 | €807,262 | €264,894 | -€542,367 | -67.2% |
| Contributions | 10/11 | €1,361,573 | €1,361,573 | = | 0.0% |
| Reserves | 13 | €422,069 | €422,069 | = | 0.0% |
| Distributable reserves | 133 | €422,069 | €422,069 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€976,381 | -€1,518,748 | -€542,367 | -55.5% |
| Amounts payable | 17/49 | €9,613,766 | €8,988,782 | -€624,985 | -6.5% |
| Amounts payable after more than one year | 17 | €2,449,031 | €1,734,438 | -€714,594 | -29.2% |
| Financial debts | 170/4 | €2,407,214 | €1,696,970 | -€710,244 | -29.5% |
| Leasing and similar obligations | 172 | €37,919 | €56,793 | +€18,874 | +49.8% |
| Credit institutions | 173 | €2,369,295 | €1,640,177 | -€729,117 | -30.8% |
| Other amounts payable | 178/9 | €41,818 | €37,468 | -€4,350 | -10.4% |
| Amounts payable within one year | 42/48 | €7,091,811 | €7,091,785 | -€26 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €1,012,656 | €967,087 | -€45,569 | -4.5% |
| Financial debts | 43 | €2,720,000 | €2,058,143 | -€661,857 | -24.3% |
| Credit institutions | 430/8 | €2,720,000 | €2,058,143 | -€661,857 | -24.3% |
| Trade debts | 44 | €2,322,051 | €2,529,717 | +€207,666 | +8.9% |
| Suppliers | 440/4 | €2,322,051 | €2,529,717 | +€207,666 | +8.9% |
| Taxes, remuneration and social security | 45 | €204,555 | €195,675 | -€8,879 | -4.3% |
| Taxes | 450/3 | €23,831 | €16,825 | -€7,006 | -29.4% |
| Remuneration and social security | 454/9 | €180,723 | €178,850 | -€1,873 | -1.0% |
| Other amounts payable | 47/48 | €832,549 | €1,341,163 | +€508,614 | +61.1% |
| Accrued charges and deferred income | 492/3 | €72,924 | €162,559 | +€89,635 | +122.9% |
| Operating income | 70/76A | €16,820,366 | €16,867,785 | +€47,419 | +0.3% |
| Turnover | 70 | €14,403,696 | €14,794,683 | +€390,987 | +2.7% |
| Other operating income | 74 | €2,371,996 | €1,527,427 | -€844,569 | -35.6% |
| Non-recurring operating income | 76A | €44,674 | €545,675 | +€501,001 | +1121.5% |
| Operating charges | 60/66A | €17,601,559 | €17,111,165 | -€490,394 | -2.8% |
| Goods for resale, raw materials and consumables | 60 | €11,483,944 | €11,995,270 | +€511,326 | +4.5% |
| Purchases | 600/8 | €11,297,206 | €12,749,179 | +€1.5m | +12.9% |
| Change in stocks: decrease (increase) | 609 | €186,737 | -€753,909 | -€940,647 | |
| Services and other goods | 61 | €3,379,195 | €2,654,800 | -€724,395 | -21.4% |
| Remuneration, social security and pensions | 62 | €1,422,250 | €1,385,987 | -€36,263 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €721,228 | €646,422 | -€74,806 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €99,348 | €279,707 | +€180,360 | +181.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €106,321 | €148,981 | +€42,659 | +40.1% |
| Non-recurring operating charges | 66A | €389,274 | €0 | -€389,274 | -100.0% |
| Operating profit (loss) | 9901 | -€781,193 | -€243,380 | +€537,813 | +68.8% |
| Financial income | 75/76B | €40,961 | €63,457 | +€22,496 | +54.9% |
| Recurring financial income | 75 | €40,961 | €63,457 | +€22,496 | +54.9% |
| Income from current assets | 751 | €12,170 | €35,982 | +€23,812 | +195.7% |
| Other financial income | 752/9 | €28,791 | €27,475 | -€1,316 | -4.6% |
| Financial charges | 65/66B | €226,201 | €361,397 | +€135,195 | +59.8% |
| Recurring financial charges | 65 | €226,201 | €231,211 | +€5,010 | +2.2% |
| Debt charges | 650 | €205,418 | €221,650 | +€16,232 | +7.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €10,993 | €0 | -€10,993 | -100.0% |
| Other financial charges | 652/9 | €9,790 | €9,561 | -€229 | -2.3% |
| Non-recurring financial charges | 66B | €0 | €130,185 | +€130,185 | |
| Profit (loss) for the period before taxes | 9903 | -€966,434 | -€541,320 | +€425,114 | +44.0% |
| Income taxes | 67/77 | €864 | €1,048 | +€183 | +21.2% |
| Taxes | 670/3 | €883 | €1,149 | +€266 | +30.1% |
| Tax adjustments and reversals of tax provisions | 77 | €19 | €102 | +€83 | +443.4% |
| Profit (loss) for the period | 9904 | -€967,298 | -€542,367 | +€424,931 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€967,298 | -€542,367 | +€424,931 | +43.9% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.