ASTIBO: 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.
ASTIBO
Largest movements
- Financial fixed assets +€2.1m
up €2.1m (+473%), from €453,660 to €2.6m
- Cash +€119,802
up €119,802 (+548%), from €21,865 to €141,667
mainly Debts after one year (+€1.8m) and Current portion of long-term debt (+€315,615)
- Receivables within one year -€71,725
down €71,725 (-70.5%), from €101,668 to €29,943
of which Trade receivables: -€99,375
- Deferred charges and accrued income -€31,741
no longer reported in 2024 (was €31,741)
- Debts after one year +€1.8m
up €1.8m (+757%), from €237,549 to €2.0m
of which Financial debts: +€1.8m
- Current portion of long-term debt +€315,615
up €315,615 (+4,739%), from €6,660 to €322,274
- Reserves +€69,292
up €69,292 (+22.4%), from €309,849 to €379,140
of which Distributable reserves: +€71,152
- Gross operating margin -€82,625
down €82,625 (-42.2%), from €195,745 to €113,121
- Taxes -€35,845
down €35,845 (-62.9%), from €56,965 to €21,120
- Financial charges +€5,098
up €5,098 (+63.0%), from €8,095 to €13,194
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €620,020 | €2,775,605 | +€2.2m | +348% |
| Fixed assets | 21/28 | €464,746 | €2,603,994 | +€2.1m | +460% |
| Tangible fixed assets | 22/27 | €11,086 | €4,084 | -€7,001 | -63.2% |
| Plant, machinery and equipment | 23 | €11,086 | €4,084 | -€7,001 | -63.2% |
| Financial fixed assets | 28 | €453,660 | €2,599,910 | +€2.1m | +473% |
| Current assets | 29/58 | €155,275 | €171,610 | +€16,336 | +10.5% |
| Amounts receivable within one year | 40/41 | €101,668 | €29,943 | -€71,725 | -70.5% |
| Trade receivables | 40 | €100,000 | €625 | -€99,375 | -99.4% |
| Other amounts receivable | 41 | €1,668 | €29,318 | +€27,649 | +1,657% |
| Cash at bank and in hand | 54/58 | €21,865 | €141,667 | +€119,802 | +548% |
| Deferred charges and accrued income | 490/1 | €31,741 | - | -€31,741 | |
| Total equity and liabilities | 10/49 | €620,020 | €2,775,605 | +€2.2m | +348% |
| Equity | 10/15 | €322,249 | €393,400 | +€71,152 | +22.1% |
| Contributions | 10/11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Reserves | 13 | €309,849 | €379,140 | +€69,292 | +22.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €307,989 | €379,140 | +€71,152 | +23.1% |
| Amounts payable | 17/49 | €297,771 | €2,382,204 | +€2.1m | +700% |
| Amounts payable after more than one year | 17 | €237,549 | €2,036,927 | +€1.8m | +757% |
| Financial debts | 170/4 | €183,882 | €1,977,679 | +€1.8m | +976% |
| Other amounts payable | 178/9 | €53,667 | €59,248 | +€5,581 | +10.4% |
| Amounts payable within one year | 42/48 | €60,223 | €345,278 | +€285,055 | +473% |
| Current portion of amounts payable after more than one year | 42 | €6,660 | €322,274 | +€315,615 | +4,739% |
| Trade debts | 44 | €4,841 | €872 | -€3,969 | -82.0% |
| Suppliers | 440/4 | €4,841 | €872 | -€3,969 | -82.0% |
| Taxes, remuneration and social security | 45 | €48,722 | €22,131 | -€26,590 | -54.6% |
| Taxes | 450/3 | €48,722 | €22,131 | -€26,590 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,001 | €7,001 | = | 0.0% |
| Other operating charges | 640/8 | €516 | €654 | +€138 | +26.7% |
| Gross operating margin | 9900 | €195,745 | €113,121 | -€82,625 | -42.2% |
| Operating profit (loss) | 9901 | €188,228 | €105,465 | -€82,762 | -44.0% |
| Financial charges | 65/66B | €8,095 | €13,194 | +€5,098 | +63.0% |
| Recurring financial charges | 65 | €8,095 | €13,194 | +€5,098 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €180,133 | €92,272 | -€87,861 | -48.8% |
| Income taxes | 67/77 | €56,965 | €21,120 | -€35,845 | -62.9% |
| Profit (loss) for the period | 9904 | €123,168 | €71,152 | -€52,016 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €123,168 | €71,152 | -€52,016 | -42.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.