ASTORMA: 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.
ASTORMA
Largest movements
- Tangible fixed assets +€252,139
up €252,139 (+65.6%), from €384,461 to €636,600
of which Land and buildings: +€260,231
- Financial fixed assets -€31,283
down €31,283 (-16.5%), from €189,578 to €158,295
- Cash +€13,402
up €13,402 (+138.9%), from €9,652 to €23,054
mainly Debts after one year (+€190,588) and Depreciation (+€50,261)
- Debts after one year +€190,588
up €190,588 (+79.4%), from €239,949 to €430,537
- Reserves +€21,203
up €21,203 (+9.9%), from €213,464 to €234,667
of which Distributable reserves: +€23,718
- Current portion of long-term debt +€12,691
up €12,691 (+37.5%), from €33,835 to €46,526
- Other debts +€10,666
up €10,666 (+22.7%), from €47,028 to €57,694
- Depreciation +€43,279
up €43,279 (+619.8%), from €6,983 to €50,261
- Taxes -€23,270
down €23,270 (-71.7%), from €32,443 to €9,173
- Gross operating margin -€15,435
down €15,435 (-14.4%), from €107,355 to €91,920
- Financial charges +€9,085
up €9,085 (+317.0%), from €2,866 to €11,951
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.
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.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €586,495 | €823,246 | +€236,752 | +40.4% |
| Fixed assets | 21/28 | €574,039 | €794,894 | +€220,856 | +38.5% |
| Tangible fixed assets | 22/27 | €384,461 | €636,600 | +€252,139 | +65.6% |
| Land and buildings | 22 | €293,428 | €553,659 | +€260,231 | +88.7% |
| Plant, machinery and equipment | 23 | €397 | - | -€397 | |
| Leasing and similar rights | 25 | €30,637 | €22,941 | -€7,696 | -25.1% |
| Other tangible fixed assets | 26 | €60,000 | €60,000 | = | 0.0% |
| Financial fixed assets | 28 | €189,578 | €158,295 | -€31,283 | -16.5% |
| Current assets | 29/58 | €12,456 | €28,352 | +€15,896 | +127.6% |
| Amounts receivable within one year | 40/41 | €1,379 | €2,552 | +€1,173 | +85.0% |
| Trade receivables | 40 | €321 | €2,552 | +€2,230 | +694.2% |
| Other amounts receivable | 41 | €1,058 | - | -€1,058 | |
| Cash at bank and in hand | 54/58 | €9,652 | €23,054 | +€13,402 | +138.9% |
| Deferred charges and accrued income | 490/1 | €1,425 | €2,746 | +€1,321 | +92.7% |
| Total equity and liabilities | 10/49 | €586,495 | €823,246 | +€236,752 | +40.4% |
| Equity | 10/15 | €232,064 | €253,267 | +€21,203 | +9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,464 | €234,667 | +€21,203 | +9.9% |
| Tax-exempt reserves | 132 | €80,399 | €77,884 | -€2,515 | -3.1% |
| Distributable reserves | 133 | €133,065 | €156,782 | +€23,718 | +17.8% |
| Provisions and deferred taxes | 16 | €26,800 | €25,961 | -€838 | -3.1% |
| Deferred taxes | 168 | €26,800 | €25,961 | -€838 | -3.1% |
| Amounts payable | 17/49 | €327,631 | €544,018 | +€216,387 | +66.0% |
| Amounts payable after more than one year | 17 | €239,949 | €430,537 | +€190,588 | +79.4% |
| Financial debts | 170/4 | €239,949 | €430,537 | +€190,588 | +79.4% |
| Amounts payable within one year | 42/48 | €87,423 | €113,283 | +€25,860 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €33,835 | €46,526 | +€12,691 | +37.5% |
| Financial debts | 43 | €1,375 | €1,375 | = | 0.0% |
| Other loans | 439 | €1,375 | €1,375 | = | 0.0% |
| Trade debts | 44 | €2,032 | €2,541 | +€509 | +25.1% |
| Suppliers | 440/4 | €2,032 | €2,541 | +€509 | +25.1% |
| Taxes, remuneration and social security | 45 | €3,153 | €5,147 | +€1,994 | +63.2% |
| Taxes | 450/3 | €3,153 | €5,147 | +€1,994 | +63.2% |
| Other amounts payable | 47/48 | €47,028 | €57,694 | +€10,666 | +22.7% |
| Accrued charges and deferred income | 492/3 | €259 | €198 | -€61 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,983 | €50,261 | +€43,279 | +619.8% |
| Other operating charges | 640/8 | €1,263 | €1,011 | -€252 | -19.9% |
| Gross operating margin | 9900 | €107,355 | €91,920 | -€15,435 | -14.4% |
| Operating profit (loss) | 9901 | €99,109 | €40,648 | -€58,461 | -59.0% |
| Financial income | 75/76B | €1,681 | €1,674 | -€7 | -0.4% |
| Recurring financial income | 75 | €1,681 | €1,674 | -€7 | -0.4% |
| Financial charges | 65/66B | €2,866 | €11,951 | +€9,085 | +317.0% |
| Recurring financial charges | 65 | €2,866 | €11,951 | +€9,085 | +317.0% |
| Profit (loss) for the period before taxes | 9903 | €97,924 | €30,370 | -€67,553 | -69.0% |
| Transfer from deferred taxes | 780 | €2,515 | €838 | -€1,677 | -66.7% |
| Income taxes | 67/77 | €32,443 | €9,173 | -€23,270 | -71.7% |
| Profit (loss) for the period | 9904 | €67,996 | €22,036 | -€45,961 | -67.6% |
| Transfer from tax-exempt reserves | 789 | €838 | €2,515 | +€1,677 | +200.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,835 | €24,551 | -€44,284 | -64.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.