ASTRAELLE: 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.
ASTRAELLE
Largest movements
- Tangible fixed assets -€27,668
down €27,668 (-27.5%), from €100,788 to €73,120
of which Furniture and vehicles: -€19,245
- Cash -€5,395
down €5,395 (-80.2%), from €6,728 to €1,333
mainly Debts after one year (-€19,341) and Other debts (-€15,460)
- Intangible fixed assets +€4,199
new in 2025: €4,199
- Receivables within one year +€3,994
up €3,994 (+3.4%), from €116,568 to €120,562
of which Trade receivables: +€2,235
- Debts after one year -€19,341
down €19,341 (-23.9%), from €80,817 to €61,476
- Profit (loss) carried forward +€17,667
up €17,667, from -€11,163 to €6,504
- Other debts -€15,460
down €15,460 (-22.9%), from €67,482 to €52,023
- Tax, wage and social debts -€7,464
down €7,464 (-38.0%), from €19,619 to €12,156
- Gross operating margin +€35,587
up €35,587 (+220%), from €16,161 to €51,747
- Taxes +€4,805
up €4,805 (+2,321%), from €207 to €5,012
- Depreciation +€836
up €836 (+3.5%), from €23,706 to €24,542
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.
Derived cash bridge
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 | €229,103 | €203,543 | -€25,560 | -11.2% |
| Fixed assets | 21/28 | €104,702 | €81,232 | -€23,470 | -22.4% |
| Intangible fixed assets | 21 | - | €4,199 | +€4,199 | |
| Tangible fixed assets | 22/27 | €100,788 | €73,120 | -€27,668 | -27.5% |
| Land and buildings | 22 | €71,560 | €63,137 | -€8,423 | -11.8% |
| Furniture and vehicles | 24 | €29,228 | €9,983 | -€19,245 | -65.8% |
| Financial fixed assets | 28 | €3,913 | €3,913 | = | 0.0% |
| Current assets | 29/58 | €124,402 | €122,311 | -€2,091 | -1.7% |
| Amounts receivable within one year | 40/41 | €116,568 | €120,562 | +€3,994 | +3.4% |
| Trade receivables | 40 | €33,493 | €35,729 | +€2,235 | +6.7% |
| Other amounts receivable | 41 | €83,074 | €84,833 | +€1,759 | +2.1% |
| Cash at bank and in hand | 54/58 | €6,728 | €1,333 | -€5,395 | -80.2% |
| Deferred charges and accrued income | 490/1 | €1,106 | €417 | -€689 | -62.3% |
| Total equity and liabilities | 10/49 | €229,103 | €203,543 | -€25,560 | -11.2% |
| Equity | 10/15 | €29,837 | €47,504 | +€17,667 | +59.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €39,000 | €39,000 | = | 0.0% |
| Distributable reserves | 133 | €39,000 | €39,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,163 | €6,504 | +€17,667 | |
| Amounts payable | 17/49 | €199,266 | €156,039 | -€43,227 | -21.7% |
| Amounts payable after more than one year | 17 | €80,817 | €61,476 | -€19,341 | -23.9% |
| Financial debts | 170/4 | €80,817 | €61,476 | -€19,341 | -23.9% |
| Amounts payable within one year | 42/48 | €118,449 | €94,563 | -€23,886 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €28,443 | €29,341 | +€898 | +3.2% |
| Trade debts | 44 | €2,905 | €1,044 | -€1,861 | -64.1% |
| Suppliers | 440/4 | €2,905 | €1,044 | -€1,861 | -64.1% |
| Taxes, remuneration and social security | 45 | €19,619 | €12,156 | -€7,464 | -38.0% |
| Taxes | 450/3 | €19,619 | €12,156 | -€7,464 | -38.0% |
| Other amounts payable | 47/48 | €67,482 | €52,023 | -€15,460 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,706 | €24,542 | +€836 | +3.5% |
| Other operating charges | 640/8 | €387 | €468 | +€80 | +20.8% |
| Gross operating margin | 9900 | €16,161 | €51,747 | +€35,587 | +220% |
| Operating profit (loss) | 9901 | -€7,932 | €26,738 | +€34,670 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €3,677 | €4,058 | +€381 | +10.4% |
| Recurring financial charges | 65 | €3,677 | €4,058 | +€381 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,609 | €22,679 | +€34,289 | |
| Income taxes | 67/77 | €207 | €5,012 | +€4,805 | +2,321% |
| Profit (loss) for the period | 9904 | -€11,816 | €17,667 | +€29,483 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,816 | €17,667 | +€29,483 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.