ASTEV: 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.
ASTEV
Largest movements
- Current investments +€6.8m
up €6.8m (+24.2%), from €28.1m to €34.9m
- Reserves +€7.0m
up €7.0m (+21.1%), from €33.1m to €40.1m
- Financial income +€2.0m
up €2.0m (+33.4%), from €6.1m to €8.2m
of which Financial income: +€2.1m
- Financial charges +€330,907
up €330,907, from -€18,720 to €312,187
- Gross operating margin -€95,595
down €95,595 (-33.9%), from -€281,991 to -€377,585
- Taxes +€19,898
up €19,898 (+20.7%), from €96,301 to €116,199
- Depreciation +€11,493
up €11,493 (+144.0%), from €7,981 to €19,474
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 | €36,850,380 | €43,856,647 | +€7.0m | +19.0% |
| Fixed assets | 21/28 | €5,083,956 | €5,064,482 | -€19,474 | -0.4% |
| Tangible fixed assets | 22/27 | €89,388 | €69,914 | -€19,474 | -21.8% |
| Furniture and vehicles | 24 | €89,388 | €69,914 | -€19,474 | -21.8% |
| Financial fixed assets | 28 | €4,994,568 | €4,994,568 | = | 0.0% |
| Current assets | 29/58 | €31,766,424 | €38,792,164 | +€7.0m | +22.1% |
| Amounts receivable after more than one year | 29 | €2,678,212 | €2,648,212 | -€30,000 | -1.1% |
| Other amounts receivable | 291 | €2,678,212 | €2,648,212 | -€30,000 | -1.1% |
| Amounts receivable within one year | 40/41 | €49,322 | €128,227 | +€78,905 | +160.0% |
| Trade receivables | 40 | €6,776 | - | -€6,776 | |
| Other amounts receivable | 41 | €42,546 | €128,227 | +€85,681 | +201.4% |
| Current investments | 50/53 | €28,113,570 | €34,922,884 | +€6.8m | +24.2% |
| Cash at bank and in hand | 54/58 | €620,661 | €743,152 | +€122,490 | +19.7% |
| Deferred charges and accrued income | 490/1 | €304,659 | €349,689 | +€45,031 | +14.8% |
| Total equity and liabilities | 10/49 | €36,850,380 | €43,856,647 | +€7.0m | +19.0% |
| Equity | 10/15 | €36,842,749 | €43,839,304 | +€7.0m | +19.0% |
| Contributions | 10/11 | €3,761,118 | €3,761,118 | = | 0.0% |
| Reserves | 13 | €33,081,631 | €40,078,185 | +€7.0m | +21.1% |
| Distributable reserves | 133 | €33,081,631 | €40,078,185 | +€7.0m | +21.1% |
| Amounts payable | 17/49 | €7,631 | €17,343 | +€9,712 | +127.3% |
| Amounts payable within one year | 42/48 | €7,631 | €17,343 | +€9,712 | +127.3% |
| Trade debts | 44 | €1,379 | €15,342 | +€13,962 | +1012.3% |
| Suppliers | 440/4 | €1,379 | €15,342 | +€13,962 | +1012.3% |
| Other amounts payable | 47/48 | €6,251 | €2,001 | -€4,250 | -68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,981 | €19,474 | +€11,493 | +144.0% |
| Other operating charges | 640/8 | €6,441 | €14,418 | +€7,977 | +123.9% |
| Gross operating margin | 9900 | -€281,991 | -€377,585 | -€95,595 | -33.9% |
| Operating profit (loss) | 9901 | -€296,412 | -€411,477 | -€115,065 | -38.8% |
| Financial income | 75/76B | €6,138,394 | €8,186,417 | +€2.0m | +33.4% |
| Recurring financial income | 75 | €6,114,794 | €8,186,417 | +€2.1m | +33.9% |
| Non-recurring financial income | 76B | €23,600 | - | -€23,600 | |
| Financial charges | 65/66B | -€18,720 | €312,187 | +€330,907 | |
| Recurring financial charges | 65 | -€18,720 | €312,187 | +€330,907 | |
| Profit (loss) for the period before taxes | 9903 | €5,860,701 | €7,462,754 | +€1.6m | +27.3% |
| Income taxes | 67/77 | €96,301 | €116,199 | +€19,898 | +20.7% |
| Profit (loss) for the period | 9904 | €5,764,400 | €7,346,555 | +€1.6m | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,764,400 | €7,346,555 | +€1.6m | +27.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.