ASTROLABE MANAGEMENT SERVICES: 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.
ASTROLABE MANAGEMENT SERVICES
Largest movements
- Cash +€58,064
up €58,064 (+73.5%), from €78,960 to €137,025
mainly Net result for the year (+€43,052) and Receivables within one year (+€13,984)
- Receivables within one year -€13,984
down €13,984 (-59.7%), from €23,443 to €9,459
of which Trade receivables: -€15,220
- Reserves +€42,000
up €42,000 (+79.5%), from €52,860 to €94,860
of which Distributable reserves: +€42,000
- Other debts +€6,328
up €6,328 (+59.3%), from €10,670 to €16,998
- Tax, wage and social debts -€5,965
down €5,965 (-25.9%), from €23,029 to €17,064
of which Remuneration and social security: -€8,233
- Gross operating margin +€11,577
up €11,577 (+23.9%), from €48,479 to €60,055
- Taxes +€4,346
up €4,346 (+33.9%), from €12,808 to €17,154
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 | €125,085 | €168,430 | +€43,345 | +34.7% |
| Fixed assets | 21/28 | €2,548 | €1,809 | -€740 | -29.0% |
| Tangible fixed assets | 22/27 | €2,048 | €1,309 | -€740 | -36.1% |
| Furniture and vehicles | 24 | €2,048 | €1,309 | -€740 | -36.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €122,537 | €166,621 | +€44,085 | +36.0% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,443 | €9,459 | -€13,984 | -59.7% |
| Trade receivables | 40 | €18,104 | €2,884 | -€15,220 | -84.1% |
| Other amounts receivable | 41 | €5,339 | €6,575 | +€1,236 | +23.2% |
| Cash at bank and in hand | 54/58 | €78,960 | €137,025 | +€58,064 | +73.5% |
| Deferred charges and accrued income | 490/1 | €133 | €138 | +€5 | +3.4% |
| Total equity and liabilities | 10/49 | €125,085 | €168,430 | +€43,345 | +34.7% |
| Equity | 10/15 | €90,759 | €133,810 | +€43,052 | +47.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,860 | €94,860 | +€42,000 | +79.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,000 | €93,000 | +€42,000 | +82.4% |
| Profit (loss) carried forward | 14 | €19,299 | €20,350 | +€1,052 | +5.4% |
| Amounts payable | 17/49 | €34,326 | €34,620 | +€293 | +0.9% |
| Amounts payable within one year | 42/48 | €34,326 | €34,620 | +€293 | +0.9% |
| Trade debts | 44 | €628 | €558 | -€70 | -11.1% |
| Suppliers | 440/4 | €628 | €558 | -€70 | -11.1% |
| Taxes, remuneration and social security | 45 | €23,029 | €17,064 | -€5,965 | -25.9% |
| Taxes | 450/3 | €14,795 | €17,064 | +€2,269 | +15.3% |
| Remuneration and social security | 454/9 | €8,233 | - | -€8,233 | |
| Other amounts payable | 47/48 | €10,670 | €16,998 | +€6,328 | +59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €544 | €740 | +€196 | +36.0% |
| Other operating charges | 640/8 | - | €10 | +€10 | |
| Gross operating margin | 9900 | €48,479 | €60,055 | +€11,577 | +23.9% |
| Operating profit (loss) | 9901 | €47,935 | €59,306 | +€11,371 | +23.7% |
| Financial income | 75/76B | €902 | €1,021 | +€119 | +13.2% |
| Recurring financial income | 75 | €902 | €1,021 | +€119 | +13.2% |
| Financial charges | 65/66B | €200 | €121 | -€79 | -39.5% |
| Recurring financial charges | 65 | €200 | €121 | -€79 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €48,637 | €60,206 | +€11,569 | +23.8% |
| Income taxes | 67/77 | €12,808 | €17,154 | +€4,346 | +33.9% |
| Profit (loss) for the period | 9904 | €35,828 | €43,052 | +€7,223 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,828 | €43,052 | +€7,223 | +20.2% |
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 23 October 2026 via checked.be.