ASTRAVORM: 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.
ASTRAVORM
Largest movements
- Tangible fixed assets -€2.8m
no longer reported in 2024 (was €2.8m)
- Stocks and contracts -€555,350
no longer reported in 2024 (was €555,350)
- Receivables within one year +€376,853
up €376,853 (+105.6%), from €356,849 to €733,703
of which Other amounts receivable: +€376,853
- Advances received -€1.4m
no longer reported in 2024 (was €1.4m)
- Profit (loss) carried forward -€1.1m
down €1.1m (-16.5%), from -€6.4m to -€7.5m
- Trade debts -€445,787
down €445,787 (-99.9%), from €446,416 to €629
- Tax, wage and social debts -€40,237
no longer reported in 2024 (was €40,237)
- Write-downs +€555,350
new in 2024: €555,350
- Depreciation -€2,727
no longer reported in 2024 (was €2,727)
- Gross operating margin +€1,630
up €1,630 (+28.9%), from -€5,632 to -€4,002
- Other operating charges -€207
down €207 (-15.2%), from €1,368 to €1,161
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,703,578 | €733,703 | -€3.0m | -80.2% |
| Fixed assets | 21/28 | €2,791,124 | - | -€2.8m | |
| Tangible fixed assets | 22/27 | €2,789,390 | - | -€2.8m | |
| Land and buildings | 22 | €2,789,390 | - | -€2.8m | |
| Financial fixed assets | 28 | €1,734 | - | -€1,734 | |
| Current assets | 29/58 | €912,454 | €733,703 | -€178,751 | -19.6% |
| Stocks and contracts in progress | 3 | €555,350 | - | -€555,350 | |
| Stocks | 30/36 | €555,350 | - | -€555,350 | |
| Amounts receivable within one year | 40/41 | €356,849 | €733,703 | +€376,853 | +105.6% |
| Trade receivables | 40 | €60,980 | €60,980 | = | 0.0% |
| Other amounts receivable | 41 | €295,869 | €672,723 | +€376,853 | +127.4% |
| Deferred charges and accrued income | 490/1 | €255 | - | -€255 | |
| Total equity and liabilities | 10/49 | €3,703,578 | €733,703 | -€3.0m | -80.2% |
| Equity | 10/15 | €836,418 | -€226,987 | -€1.1m | |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €4,035,621 | €4,035,621 | = | 0.0% |
| Non-distributable reserves | 130/1 | €74,368 | €74,368 | = | 0.0% |
| Legal reserve | 130 | €74,368 | €74,368 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,991,269 | €2,991,269 | = | 0.0% |
| Distributable reserves | 133 | €969,984 | €969,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,449,203 | -€7,512,608 | -€1.1m | -16.5% |
| Amounts payable | 17/49 | €2,867,159 | €960,690 | -€1.9m | -66.5% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Financial debts | 170/4 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €2,847,159 | €960,690 | -€1.9m | -66.3% |
| Trade debts | 44 | €446,416 | €629 | -€445,787 | -99.9% |
| Suppliers | 440/4 | €446,416 | €629 | -€445,787 | -99.9% |
| Advances received on contracts in progress | 46 | €1,400,446 | - | -€1.4m | |
| Taxes, remuneration and social security | 45 | €40,237 | - | -€40,237 | |
| Remuneration and social security | 454/9 | €40,237 | - | -€40,237 | |
| Other amounts payable | 47/48 | €960,061 | €960,061 | = | 0.0% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,727 | - | -€2,727 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €555,350 | +€555,350 | |
| Other operating charges | 640/8 | €1,368 | €1,161 | -€207 | -15.2% |
| Non-recurring operating charges | 66A | - | €502,894 | +€502,894 | |
| Gross operating margin | 9900 | -€5,632 | -€4,002 | +€1,630 | +28.9% |
| Operating profit (loss) | 9901 | -€9,727 | -€1,063,406 | -€1.1m | -10832.9% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€9,727 | -€1,063,406 | -€1.1m | -10832.9% |
| Profit (loss) for the period | 9904 | -€9,727 | -€1,063,406 | -€1.1m | -10832.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,727 | -€1,063,406 | -€1.1m | -10832.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.