Astrinco: 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.
What changed
Astrinco
NACE 68.322, Real estate appraisal on a fee or contract basis
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€360,413
2024 · €122,131+€238,282
Equity
€3.2m
2024 · €2.8m+€328,413
Cash
€78,381
2024 · €55,365+€23,016
Balance sheet total
€11.0m
2024 · €11.1m-€114,605
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€288,421
down €288,421 (-19.0%), from €1.5m to €1.2m
- Profit (loss) carried forward +€277,682
up €277,682 (+22.7%), from €1.2m to €1.5m
- Other debts -€166,396
down €166,396 (-6.8%), from €2.5m to €2.3m
Income statement
- Gross operating margin +€166,633
up €166,633 (+17.2%), from €969,606 to €1.1m
- Depreciation -€82,902
down €82,902 (-19.0%), from €435,767 to €352,865
- Financial charges -€38,984
down €38,984 (-17.3%), from €224,821 to €185,837
- Taxes +€12,164
up €12,164 (+15.9%), from €76,352 to €88,516
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.
Result 2024
€122,131
Gross operating margin
+€166,633
Depreciation
+€82,902
Other operating charges
+€9,798
Financial income
-€147
Financial charges
+€38,984
Taxes
-€12,164
Deferred taxes and other
-€47,724
Result 2025
€360,413
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.
From operations
+€642,344
Investment
-€242,399
Financing
-€376,929
Cash 2024
€55,365
From operations (derived)
+€642,344
Net result for the year
+€360,413
Depreciation
+€352,865
Receivables within one year
+€14,673
Deferred charges and accrued income
+€12,481
Provisions
+€16,910
Trade debts
+€20,299
Tax, wage and social debts
+€426
Other debts
-€166,396
Accrued charges and deferred income
+€30,672
Investment (derived)
-€242,399
Investment in fixed assets (net)
-€242,399
Financing
-€376,929
Debts after one year
-€288,421
Current portion of long-term debt
-€7,164
Short-term financial debts
-€49,345
Contributions, distributions and other
-€32,000
Cash 2025
€78,381
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,117,942 | €11,003,337 | -€114,605 | -1.0% |
| Fixed assets | 21/28 | €10,887,010 | €10,776,543 | -€110,467 | -1.0% |
| Tangible fixed assets | 22/27 | €9,303,038 | €9,192,571 | -€110,467 | -1.2% |
| Land and buildings | 22 | €9,273,178 | €9,157,688 | -€115,490 | -1.2% |
| Furniture and vehicles | 24 | €29,859 | €26,265 | -€3,594 | -12.0% |
| Other tangible fixed assets | 26 | - | €8,617 | +€8,617 | |
| Financial fixed assets | 28 | €1,583,972 | €1,583,972 | = | 0.0% |
| Current assets | 29/58 | €230,932 | €226,794 | -€4,138 | -1.8% |
| Amounts receivable within one year | 40/41 | €109,770 | €95,096 | -€14,673 | -13.4% |
| Trade receivables | 40 | €15,449 | €18,939 | +€3,491 | +22.6% |
| Other amounts receivable | 41 | €94,321 | €76,157 | -€18,164 | -19.3% |
| Cash at bank and in hand | 54/58 | €55,365 | €78,381 | +€23,016 | +41.6% |
| Deferred charges and accrued income | 490/1 | €65,798 | €53,317 | -€12,481 | -19.0% |
| Total equity and liabilities | 10/49 | €11,117,942 | €11,003,337 | -€114,605 | -1.0% |
| Equity | 10/15 | €2,834,807 | €3,163,220 | +€328,413 | +11.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €1,475,564 | €1,526,296 | +€50,731 | +3.4% |
| Non-distributable reserves | 130/1 | €14,695 | €14,695 | = | 0.0% |
| Legal reserve | 130 | €13,430 | €13,430 | = | 0.0% |
| Other | 1319 | €1,265 | €1,265 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,334,607 | €1,385,338 | +€50,731 | +3.8% |
| Distributable reserves | 133 | €126,262 | €126,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,223,375 | €1,501,056 | +€277,682 | +22.7% |
| Provisions and deferred taxes | 16 | €668,179 | €685,090 | +€16,910 | +2.5% |
| Deferred taxes | 168 | €668,179 | €685,090 | +€16,910 | +2.5% |
| Amounts payable | 17/49 | €7,614,955 | €7,155,027 | -€459,928 | -6.0% |
| Amounts payable after more than one year | 17 | €1,519,801 | €1,231,381 | -€288,421 | -19.0% |
| Financial debts | 170/4 | €1,519,801 | €1,231,381 | -€288,421 | -19.0% |
| Amounts payable within one year | 42/48 | €5,960,309 | €5,758,129 | -€202,180 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €295,584 | €288,421 | -€7,164 | -2.4% |
| Financial debts | 43 | €2,982,933 | €2,933,588 | -€49,345 | -1.7% |
| Credit institutions | 430/8 | €2,982,933 | €2,933,588 | -€49,345 | -1.7% |
| Trade debts | 44 | €218,801 | €239,100 | +€20,299 | +9.3% |
| Suppliers | 440/4 | €218,801 | €239,100 | +€20,299 | +9.3% |
| Taxes, remuneration and social security | 45 | €12,912 | €13,338 | +€426 | +3.3% |
| Taxes | 450/3 | €12,912 | €13,338 | +€426 | +3.3% |
| Other amounts payable | 47/48 | €2,450,079 | €2,283,683 | -€166,396 | -6.8% |
| Accrued charges and deferred income | 492/3 | €134,845 | €165,518 | +€30,672 | +22.7% |
| Non-recurring operating income | 76A | €132,808 | €345,420 | +€212,612 | +160.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435,767 | €352,865 | -€82,902 | -19.0% |
| Other operating charges | 640/8 | €141,579 | €131,781 | -€9,798 | -6.9% |
| Gross operating margin | 9900 | €969,606 | €1,136,239 | +€166,633 | +17.2% |
| Operating profit (loss) | 9901 | €392,260 | €651,593 | +€259,333 | +66.1% |
| Financial income | 75/76B | €230 | €83 | -€147 | -63.8% |
| Recurring financial income | 75 | €230 | €83 | -€147 | -63.8% |
| Financial charges | 65/66B | €224,821 | €185,837 | -€38,984 | -17.3% |
| Recurring financial charges | 65 | €224,821 | €185,837 | -€38,984 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €167,669 | €465,839 | +€298,170 | +177.8% |
| Transfer from deferred taxes | 780 | €30,814 | €30,510 | -€304 | -1.0% |
| Transfer to deferred taxes | 680 | - | €47,421 | +€47,421 | |
| Income taxes | 67/77 | €76,352 | €88,516 | +€12,164 | +15.9% |
| Profit (loss) for the period | 9904 | €122,131 | €360,413 | +€238,282 | +195.1% |
| Transfer from tax-exempt reserves | 789 | €92,441 | €91,530 | -€911 | -1.0% |
| Transfer to tax-exempt reserves | 689 | - | €142,262 | +€142,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €214,572 | €309,682 | +€95,110 | +44.3% |
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 4 October 2026 via checked.be.