ASTRAS: 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.
ASTRAS
Largest movements
- Receivables within one year +€20,138
up €20,138 (+255.6%), from €7,880 to €28,017
of which Trade receivables: +€20,138
- Cash +€10,522
up €10,522 (+19.0%), from €55,500 to €66,023
mainly Net result for the year (+€25,404) and Advances received (+€13,564)
- Tangible fixed assets -€1,429
down €1,429 (-9.1%), from €15,666 to €14,237
of which Furniture and vehicles: -€982
- Stocks and contracts -€1,408
down €1,408 (-8.5%), from €16,483 to €15,075
- Reserves +€25,404
up €25,404 (+104.6%), from €24,291 to €49,695
- Advances received +€13,564
up €13,564 (+1103.0%), from €1,230 to €14,793
- Tax, wage and social debts -€5,793
down €5,793 (-26.6%), from €21,783 to €15,990
of which Remuneration and social security: -€13,826
- Trade debts -€4,593
down €4,593 (-64.0%), from €7,179 to €2,586
- Current portion of long-term debt -€1,800
no longer reported in 2025 (was €1,800)
- Gross operating margin +€42,259
up €42,259 (+20.3%), from €208,377 to €250,636
- Staff costs +€40,006
up €40,006 (+24.0%), from €166,856 to €206,862
- Taxes +€6,336
up €6,336 (+198.6%), from €3,191 to €9,527
- Other operating charges -€2,707
down €2,707 (-60.3%), from €4,486 to €1,779
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 | €98,191 | €124,924 | +€26,732 | +27.2% |
| Fixed assets | 21/28 | €17,238 | €15,809 | -€1,429 | -8.3% |
| Tangible fixed assets | 22/27 | €15,666 | €14,237 | -€1,429 | -9.1% |
| Plant, machinery and equipment | 23 | €12,744 | €12,296 | -€447 | -3.5% |
| Furniture and vehicles | 24 | €2,922 | €1,940 | -€982 | -33.6% |
| Financial fixed assets | 28 | €1,572 | €1,572 | = | 0.0% |
| Current assets | 29/58 | €80,954 | €109,115 | +€28,161 | +34.8% |
| Stocks and contracts in progress | 3 | €16,483 | €15,075 | -€1,408 | -8.5% |
| Stocks | 30/36 | €16,483 | €15,075 | -€1,408 | -8.5% |
| Amounts receivable within one year | 40/41 | €7,880 | €28,017 | +€20,138 | +255.6% |
| Trade receivables | 40 | €2,071 | €22,208 | +€20,138 | +972.5% |
| Other amounts receivable | 41 | €5,809 | €5,809 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,500 | €66,023 | +€10,522 | +19.0% |
| Deferred charges and accrued income | 490/1 | €1,090 | - | -€1,090 | |
| Total equity and liabilities | 10/49 | €98,191 | €124,924 | +€26,732 | +27.2% |
| Equity | 10/15 | €66,150 | €91,554 | +€25,404 | +38.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €24,291 | €49,695 | +€25,404 | +104.6% |
| Distributable reserves | 133 | €24,291 | €49,695 | +€25,404 | +104.6% |
| Profit (loss) carried forward | 14 | €23,267 | €23,267 | = | 0.0% |
| Amounts payable | 17/49 | €32,042 | €33,370 | +€1,328 | +4.1% |
| Amounts payable within one year | 42/48 | €32,042 | €33,370 | +€1,328 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €1,800 | - | -€1,800 | |
| Trade debts | 44 | €7,179 | €2,586 | -€4,593 | -64.0% |
| Suppliers | 440/4 | €7,179 | €2,586 | -€4,593 | -64.0% |
| Advances received on contracts in progress | 46 | €1,230 | €14,793 | +€13,564 | +1103.0% |
| Taxes, remuneration and social security | 45 | €21,783 | €15,990 | -€5,793 | -26.6% |
| Taxes | 450/3 | €3,949 | €11,982 | +€8,033 | +203.4% |
| Remuneration and social security | 454/9 | €17,834 | €4,008 | -€13,826 | -77.5% |
| Other amounts payable | 47/48 | €50 | - | -€50 | |
| Remuneration, social security and pensions | 62 | €166,856 | €206,862 | +€40,006 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,401 | €5,949 | +€548 | +10.1% |
| Other operating charges | 640/8 | €4,486 | €1,779 | -€2,707 | -60.3% |
| Gross operating margin | 9900 | €208,377 | €250,636 | +€42,259 | +20.3% |
| Operating profit (loss) | 9901 | €31,634 | €36,046 | +€4,412 | +13.9% |
| Financial income | 75/76B | €9 | €556 | +€547 | +5981.9% |
| Recurring financial income | 75 | €9 | €556 | +€547 | +5981.9% |
| Financial charges | 65/66B | €479 | €1,670 | +€1,191 | +248.6% |
| Recurring financial charges | 65 | €479 | €1,469 | +€989 | +206.5% |
| Non-recurring financial charges | 66B | - | €202 | +€202 | |
| Profit (loss) for the period before taxes | 9903 | €31,164 | €34,931 | +€3,767 | +12.1% |
| Income taxes | 67/77 | €3,191 | €9,527 | +€6,336 | +198.6% |
| Profit (loss) for the period | 9904 | €27,973 | €25,404 | -€2,569 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,973 | €25,404 | -€2,569 | -9.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.