ASTUS: 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.
ASTUS
Largest movements
- Cash +€52,689
up €52,689 (+99.4%), from €53,003 to €105,692
mainly Net result for the year (+€43,665) and Receivables within one year (+€11,483)
- Receivables within one year -€11,483
down €11,483 (-17.2%), from €66,901 to €55,418
of which Trade receivables: -€6,826
- Profit (loss) carried forward +€43,665
up €43,665 (+24.4%), from €178,955 to €222,620
- Taxes -€2,797
down €2,797 (-20.6%), from €13,553 to €10,757
- Depreciation -€2,106
down €2,106 (-44.6%), from €4,726 to €2,620
- Gross operating margin -€1,340
down €1,340 (-2.2%), from €59,991 to €58,651
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 | €331,146 | €373,414 | +€42,269 | +12.8% |
| Fixed assets | 21/28 | €13,262 | €10,642 | -€2,620 | -19.8% |
| Tangible fixed assets | 22/27 | €13,104 | €10,484 | -€2,620 | -20.0% |
| Plant, machinery and equipment | 23 | €7,609 | €6,613 | -€996 | -13.1% |
| Furniture and vehicles | 24 | €5,495 | €3,871 | -€1,624 | -29.6% |
| Financial fixed assets | 28 | €158 | €158 | = | 0.0% |
| Current assets | 29/58 | €317,883 | €362,772 | +€44,889 | +14.1% |
| Amounts receivable within one year | 40/41 | €66,901 | €55,418 | -€11,483 | -17.2% |
| Trade receivables | 40 | €58,466 | €51,640 | -€6,826 | -11.7% |
| Other amounts receivable | 41 | €8,436 | €3,778 | -€4,658 | -55.2% |
| Current investments | 50/53 | €197,979 | €201,662 | +€3,683 | +1.9% |
| Cash at bank and in hand | 54/58 | €53,003 | €105,692 | +€52,689 | +99.4% |
| Total equity and liabilities | 10/49 | €331,146 | €373,414 | +€42,269 | +12.8% |
| Equity | 10/15 | €289,415 | €333,080 | +€43,665 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,860 | €91,860 | = | 0.0% |
| Distributable reserves | 133 | €91,860 | €91,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178,955 | €222,620 | +€43,665 | +24.4% |
| Amounts payable | 17/49 | €41,730 | €40,334 | -€1,396 | -3.3% |
| Amounts payable within one year | 42/48 | €41,730 | €40,334 | -€1,396 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €530 | €0 | -€530 | -100.0% |
| Trade debts | 44 | €1,871 | €2,148 | +€276 | +14.8% |
| Suppliers | 440/4 | €1,871 | €2,148 | +€276 | +14.8% |
| Taxes, remuneration and social security | 45 | €4,704 | €3,561 | -€1,143 | -24.3% |
| Taxes | 450/3 | €4,704 | €3,561 | -€1,143 | -24.3% |
| Other amounts payable | 47/48 | €34,626 | €34,626 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,726 | €2,620 | -€2,106 | -44.6% |
| Other operating charges | 640/8 | €1,022 | €962 | -€61 | -5.9% |
| Gross operating margin | 9900 | €59,991 | €58,651 | -€1,340 | -2.2% |
| Operating profit (loss) | 9901 | €54,244 | €55,069 | +€826 | +1.5% |
| Financial charges | 65/66B | €600 | €648 | +€48 | +8.0% |
| Recurring financial charges | 65 | €600 | €648 | +€48 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €53,644 | €54,422 | +€778 | +1.4% |
| Income taxes | 67/77 | €13,553 | €10,757 | -€2,797 | -20.6% |
| Profit (loss) for the period | 9904 | €40,091 | €43,665 | +€3,574 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,091 | €43,665 | +€3,574 | +8.9% |
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 9 October 2026 via checked.be.