ASTRALIUM: 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.
ASTRALIUM
Largest movements
- Receivables within one year +€53,952
up €53,952 (+47.9%), from €112,652 to €166,604
of which Other amounts receivable: +€56,697
- Tangible fixed assets -€24,994
down €24,994 (-9.3%), from €267,765 to €242,771
of which Land and buildings: -€30,373
- Cash -€10,709
down €10,709 (-13.9%), from €77,321 to €66,612
mainly Contributions, distributions and other (-€150,000) and Receivables within one year (-€53,952)
- Profit (loss) carried forward -€171,650
no longer reported in 2025 (was €171,650)
- Other debts +€150,000
new in 2025: €150,000
- Reserves +€58,768
up €58,768 (+195.9%), from €30,000 to €88,768
- Debts after one year -€23,195
down €23,195 (-14.9%), from €155,728 to €132,533
- Tax, wage and social debts +€5,489
up €5,489 (+13.4%), from €41,028 to €46,517
- Gross operating margin -€9,993
down €9,993 (-8.1%), from €123,750 to €113,757
- Write-downs +€2,240
up €2,240 (+463.9%), from €483 to €2,723
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 | €462,607 | €484,127 | +€21,520 | +4.7% |
| Fixed assets | 21/28 | €267,765 | €243,271 | -€24,494 | -9.1% |
| Tangible fixed assets | 22/27 | €267,765 | €242,771 | -€24,994 | -9.3% |
| Land and buildings | 22 | €232,238 | €201,865 | -€30,373 | -13.1% |
| Plant, machinery and equipment | 23 | €1,197 | €1,197 | = | 0.0% |
| Furniture and vehicles | 24 | €23,126 | €6,802 | -€16,324 | -70.6% |
| Other tangible fixed assets | 26 | €3,050 | €2,549 | -€501 | -16.4% |
| Assets under construction and advance payments | 27 | €8,154 | €30,359 | +€22,205 | +272.3% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €194,843 | €240,856 | +€46,014 | +23.6% |
| Amounts receivable within one year | 40/41 | €112,652 | €166,604 | +€53,952 | +47.9% |
| Trade receivables | 40 | €77,657 | €74,913 | -€2,745 | -3.5% |
| Other amounts receivable | 41 | €34,995 | €91,691 | +€56,697 | +162.0% |
| Cash at bank and in hand | 54/58 | €77,321 | €66,612 | -€10,709 | -13.9% |
| Deferred charges and accrued income | 490/1 | €4,870 | €7,641 | +€2,771 | +56.9% |
| Total equity and liabilities | 10/49 | €462,607 | €484,127 | +€21,520 | +4.7% |
| Equity | 10/15 | €222,055 | €109,173 | -€112,882 | -50.8% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €30,000 | €88,768 | +€58,768 | +195.9% |
| Distributable reserves | 133 | €30,000 | €88,768 | +€58,768 | +195.9% |
| Profit (loss) carried forward | 14 | €171,650 | - | -€171,650 | |
| Amounts payable | 17/49 | €240,552 | €374,954 | +€134,402 | +55.9% |
| Amounts payable after more than one year | 17 | €155,728 | €132,533 | -€23,195 | -14.9% |
| Financial debts | 170/4 | €155,728 | €132,533 | -€23,195 | -14.9% |
| Amounts payable within one year | 42/48 | €84,824 | €242,421 | +€157,597 | +185.8% |
| Current portion of amounts payable after more than one year | 42 | €38,460 | €35,854 | -€2,606 | -6.8% |
| Trade debts | 44 | €5,336 | €10,050 | +€4,714 | +88.3% |
| Suppliers | 440/4 | €5,336 | €10,050 | +€4,714 | +88.3% |
| Taxes, remuneration and social security | 45 | €41,028 | €46,517 | +€5,489 | +13.4% |
| Taxes | 450/3 | €41,028 | €46,517 | +€5,489 | +13.4% |
| Other amounts payable | 47/48 | - | €150,000 | +€150,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,198 | €47,198 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €483 | €2,723 | +€2,240 | +463.9% |
| Other operating charges | 640/8 | €2,209 | €2,278 | +€68 | +3.1% |
| Gross operating margin | 9900 | €123,750 | €113,757 | -€9,993 | -8.1% |
| Operating profit (loss) | 9901 | €73,860 | €61,558 | -€12,302 | -16.7% |
| Financial income | 75/76B | €162 | €418 | +€256 | +158.0% |
| Recurring financial income | 75 | €162 | €418 | +€256 | +158.0% |
| Financial charges | 65/66B | €8,161 | €7,052 | -€1,109 | -13.6% |
| Recurring financial charges | 65 | €8,161 | €7,052 | -€1,109 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €65,860 | €54,923 | -€10,937 | -16.6% |
| Income taxes | 67/77 | €17,760 | €17,805 | +€45 | +0.3% |
| Profit (loss) for the period | 9904 | €48,100 | €37,118 | -€10,983 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,100 | €37,118 | -€10,983 | -22.8% |
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 11 October 2026 via checked.be.