ASTRAEA: 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.
ASTRAEA
Largest movements
- Tangible fixed assets +€14,989
up €14,989 (+30.5%), from €49,092 to €64,081
of which Other tangible fixed assets: +€12,180
- Cash +€11,909
up €11,909 (+12.7%), from €93,650 to €105,559
mainly Net result for the year (+€170,141) and Other debts (+€12,163)
- Other debts +€12,163
up €12,163 (+14.6%), from €83,395 to €95,559
- Tax, wage and social debts +€8,887
up €8,887 (+63.9%), from €13,915 to €22,803
of which Taxes: +€8,887
- Profit (loss) carried forward +€5,141
up €5,141 (+11.7%), from €43,799 to €48,940
- Gross operating margin -€89,094
down €89,094 (-27.4%), from €324,708 to €235,614
- Taxes -€22,612
down €22,612 (-30.1%), from €75,211 to €52,599
- Depreciation +€6,014
up €6,014 (+190.3%), from €3,160 to €9,174
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 | €148,693 | €176,911 | +€28,218 | +19.0% |
| Fixed assets | 21/28 | €49,092 | €64,081 | +€14,989 | +30.5% |
| Tangible fixed assets | 22/27 | €49,092 | €64,081 | +€14,989 | +30.5% |
| Furniture and vehicles | 24 | €15,248 | €18,057 | +€2,809 | +18.4% |
| Other tangible fixed assets | 26 | €33,844 | €46,024 | +€12,180 | +36.0% |
| Current assets | 29/58 | €99,600 | €112,829 | +€13,229 | +13.3% |
| Amounts receivable within one year | 40/41 | €5,950 | €7,270 | +€1,320 | +22.2% |
| Trade receivables | 40 | €1,161 | €0 | -€1,161 | -100.0% |
| Other amounts receivable | 41 | €4,789 | €7,270 | +€2,481 | +51.8% |
| Cash at bank and in hand | 54/58 | €93,650 | €105,559 | +€11,909 | +12.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €148,693 | €176,911 | +€28,218 | +19.0% |
| Equity | 10/15 | €50,799 | €55,940 | +€5,141 | +10.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,799 | €48,940 | +€5,141 | +11.7% |
| Amounts payable | 17/49 | €97,894 | €120,971 | +€23,077 | +23.6% |
| Amounts payable within one year | 42/48 | €97,894 | €120,971 | +€23,077 | +23.6% |
| Financial debts | 43 | €583 | €1,908 | +€1,325 | +227.4% |
| Credit institutions | 430/8 | €583 | €1,908 | +€1,325 | +227.4% |
| Trade debts | 44 | €0 | €701 | +€701 | |
| Suppliers | 440/4 | €0 | €701 | +€701 | |
| Taxes, remuneration and social security | 45 | €13,915 | €22,803 | +€8,887 | +63.9% |
| Taxes | 450/3 | €12,115 | €21,003 | +€8,887 | +73.4% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €83,395 | €95,559 | +€12,163 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,160 | €9,174 | +€6,014 | +190.3% |
| Other operating charges | 640/8 | €840 | €813 | -€27 | -3.2% |
| Gross operating margin | 9900 | €324,708 | €235,614 | -€89,094 | -27.4% |
| Operating profit (loss) | 9901 | €320,708 | €225,627 | -€95,081 | -29.6% |
| Financial income | 75/76B | €33 | €0 | -€33 | -100.0% |
| Recurring financial income | 75 | €33 | €0 | -€33 | -100.0% |
| Financial charges | 65/66B | €3,731 | €2,887 | -€844 | -22.6% |
| Recurring financial charges | 65 | €3,731 | €2,887 | -€844 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €317,010 | €222,740 | -€94,270 | -29.7% |
| Income taxes | 67/77 | €75,211 | €52,599 | -€22,612 | -30.1% |
| Profit (loss) for the period | 9904 | €241,799 | €170,141 | -€71,658 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €241,799 | €170,141 | -€71,658 | -29.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.