ASTROMET: 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.
ASTROMET
Largest movements
- Cash -€938,592
down €938,592 (-79.2%), from €1.2m to €247,017
mainly Debts after one year (-€942,893) and Investment in fixed assets (net) (-€402,570)
- Tangible fixed assets +€137,967
up €137,967 (+7.0%), from €2.0m to €2.1m
of which Land and buildings: +€92,409
- Debts after one year -€942,893
down €942,893 (-65.6%), from €1.4m to €493,410
- Reserves +€319,435
up €319,435 (+22.1%), from €1.4m to €1.8m
of which Distributable reserves: +€319,435
- Trade debts -€179,247
down €179,247 (-67.1%), from €266,966 to €87,719
- Tax, wage and social debts +€69,935
up €69,935 (+147%), from €47,685 to €117,619
of which Taxes: +€66,386
- Current portion of long-term debt -€48,910
down €48,910 (-27.7%), from €176,718 to €127,808
- Depreciation +€70,938
up €70,938 (+36.6%), from €193,665 to €264,603
- Staff costs +€34,712
up €34,712 (+9.0%), from €383,573 to €418,285
- Financial charges +€19,280
up €19,280 (+33.3%), from €57,856 to €77,136
- Taxes -€15,803
down €15,803 (-13.6%), from €116,380 to €100,577
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 | €3,418,360 | €2,650,039 | -€768,321 | -22.5% |
| Fixed assets | 21/28 | €1,966,411 | €2,104,378 | +€137,967 | +7.0% |
| Tangible fixed assets | 22/27 | €1,966,411 | €2,104,378 | +€137,967 | +7.0% |
| Land and buildings | 22 | €1,190,188 | €1,282,597 | +€92,409 | +7.8% |
| Plant, machinery and equipment | 23 | €734,763 | €741,147 | +€6,384 | +0.9% |
| Furniture and vehicles | 24 | €41,460 | €80,633 | +€39,174 | +94.5% |
| Current assets | 29/58 | €1,451,949 | €545,662 | -€906,288 | -62.4% |
| Stocks and contracts in progress | 3 | €28,408 | €30,228 | +€1,820 | +6.4% |
| Stocks | 30/36 | €28,408 | €30,228 | +€1,820 | +6.4% |
| Amounts receivable within one year | 40/41 | €237,383 | €268,317 | +€30,934 | +13.0% |
| Trade receivables | 40 | €223,023 | €262,066 | +€39,042 | +17.5% |
| Other amounts receivable | 41 | €14,359 | €6,251 | -€8,108 | -56.5% |
| Cash at bank and in hand | 54/58 | €1,185,608 | €247,017 | -€938,592 | -79.2% |
| Deferred charges and accrued income | 490/1 | €550 | €100 | -€450 | -81.8% |
| Total equity and liabilities | 10/49 | €3,418,360 | €2,650,039 | -€768,321 | -22.5% |
| Equity | 10/15 | €1,482,211 | €1,801,645 | +€319,435 | +21.6% |
| Contributions | 10/11 | €38,439 | €38,439 | = | 0.0% |
| Reserves | 13 | €1,443,771 | €1,763,206 | +€319,435 | +22.1% |
| Tax-exempt reserves | 132 | €3,261 | €3,261 | = | 0.0% |
| Distributable reserves | 133 | €1,440,510 | €1,759,945 | +€319,435 | +22.2% |
| Amounts payable | 17/49 | €1,936,149 | €848,394 | -€1.1m | -56.2% |
| Amounts payable after more than one year | 17 | €1,436,303 | €493,410 | -€942,893 | -65.6% |
| Financial debts | 170/4 | €1,436,303 | €493,410 | -€942,893 | -65.6% |
| Amounts payable within one year | 42/48 | €499,846 | €354,984 | -€144,862 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €176,718 | €127,808 | -€48,910 | -27.7% |
| Trade debts | 44 | €266,966 | €87,719 | -€179,247 | -67.1% |
| Suppliers | 440/4 | €266,966 | €87,719 | -€179,247 | -67.1% |
| Advances received on contracts in progress | 46 | €8,014 | €21,838 | +€13,824 | +173% |
| Taxes, remuneration and social security | 45 | €47,685 | €117,619 | +€69,935 | +147% |
| Taxes | 450/3 | €21,919 | €88,306 | +€66,386 | +303% |
| Remuneration and social security | 454/9 | €25,765 | €29,314 | +€3,548 | +13.8% |
| Other amounts payable | 47/48 | €463 | - | -€463 | |
| Non-recurring operating income | 76A | - | €8,500 | +€8,500 | |
| Remuneration, social security and pensions | 62 | €383,573 | €418,285 | +€34,712 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,665 | €264,603 | +€70,938 | +36.6% |
| Other operating charges | 640/8 | €25,448 | €17,209 | -€8,239 | -32.4% |
| Gross operating margin | 9900 | €1,198,686 | €1,192,433 | -€6,252 | -0.5% |
| Operating profit (loss) | 9901 | €595,999 | €492,336 | -€103,663 | -17.4% |
| Financial income | 75/76B | €5,507 | €4,811 | -€696 | -12.6% |
| Recurring financial income | 75 | €5,507 | €4,811 | -€696 | -12.6% |
| Financial charges | 65/66B | €57,856 | €77,136 | +€19,280 | +33.3% |
| Recurring financial charges | 65 | €57,856 | €77,136 | +€19,280 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €543,650 | €420,011 | -€123,639 | -22.7% |
| Income taxes | 67/77 | €116,380 | €100,577 | -€15,803 | -13.6% |
| Profit (loss) for the period | 9904 | €427,270 | €319,435 | -€107,836 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €427,270 | €319,435 | -€107,836 | -25.2% |
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 13 October 2026 via checked.be.