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 +€49,564
up €49,564 (+19.1%), from €260,143 to €309,707
mainly Depreciation (+€55,849) and Net result for the year (+€44,111)
- Tangible fixed assets -€47,962
down €47,962 (-12.1%), from €395,093 to €347,131
of which Land and buildings: -€39,961
- Reserves +€44,111
up €44,111 (+28.6%), from €154,104 to €198,215
- Debts after one year -€28,374
down €28,374 (-8.4%), from €339,202 to €310,828
- Short-term financial debts -€9,668
down €9,668 (-95.5%), from €10,122 to €455
- Current portion of long-term debt -€7,124
down €7,124 (-20.1%), from €35,498 to €28,374
- Gross operating margin +€21,731
up €21,731 (+18.6%), from €116,801 to €138,531
- Taxes +€7,456
up €7,456 (+58.5%), from €12,750 to €20,205
- Depreciation -€5,619
down €5,619 (-9.1%), from €61,468 to €55,849
- Other operating charges -€1,524
down €1,524 (-17.6%), from €8,667 to €7,143
- Financial charges -€1,487
down €1,487 (-13.4%), from €11,130 to €9,643
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 | €696,690 | €692,106 | -€4,585 | -0.7% |
| Fixed assets | 21/28 | €395,093 | €347,131 | -€47,962 | -12.1% |
| Tangible fixed assets | 22/27 | €395,093 | €347,131 | -€47,962 | -12.1% |
| Land and buildings | 22 | €331,949 | €291,988 | -€39,961 | -12.0% |
| Plant, machinery and equipment | 23 | €960 | €5,628 | +€4,668 | +486% |
| Furniture and vehicles | 24 | €44,084 | €31,415 | -€12,670 | -28.7% |
| Other tangible fixed assets | 26 | €18,100 | €18,100 | = | 0.0% |
| Current assets | 29/58 | €301,597 | €344,974 | +€43,377 | +14.4% |
| Amounts receivable within one year | 40/41 | €34,083 | €28,547 | -€5,536 | -16.2% |
| Trade receivables | 40 | €22,000 | €25,000 | +€3,000 | +13.6% |
| Other amounts receivable | 41 | €12,083 | €3,547 | -€8,536 | -70.6% |
| Cash at bank and in hand | 54/58 | €260,143 | €309,707 | +€49,564 | +19.1% |
| Deferred charges and accrued income | 490/1 | €7,371 | €6,721 | -€651 | -8.8% |
| Total equity and liabilities | 10/49 | €696,690 | €692,106 | -€4,585 | -0.7% |
| Equity | 10/15 | €226,264 | €270,375 | +€44,111 | +19.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €154,104 | €198,215 | +€44,111 | +28.6% |
| Distributable reserves | 133 | €154,104 | €198,215 | +€44,111 | +28.6% |
| Profit (loss) carried forward | 14 | €59,759 | €59,759 | = | 0.0% |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €420,427 | €371,731 | -€48,696 | -11.6% |
| Amounts payable after more than one year | 17 | €339,202 | €310,828 | -€28,374 | -8.4% |
| Financial debts | 170/4 | €339,202 | €310,828 | -€28,374 | -8.4% |
| Amounts payable within one year | 42/48 | €79,563 | €60,741 | -€18,822 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €35,498 | €28,374 | -€7,124 | -20.1% |
| Financial debts | 43 | €10,122 | €455 | -€9,668 | -95.5% |
| Credit institutions | 430/8 | €10,122 | €455 | -€9,668 | -95.5% |
| Trade debts | 44 | €711 | €3,128 | +€2,416 | +340% |
| Suppliers | 440/4 | €711 | €3,128 | +€2,416 | +340% |
| Taxes, remuneration and social security | 45 | €33,231 | €28,785 | -€4,447 | -13.4% |
| Taxes | 450/3 | €26,481 | €22,035 | -€4,447 | -16.8% |
| Remuneration and social security | 454/9 | €6,750 | €6,750 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,662 | €162 | -€1,500 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,468 | €55,849 | -€5,619 | -9.1% |
| Other operating charges | 640/8 | €8,667 | €7,143 | -€1,524 | -17.6% |
| Non-recurring operating charges | 66A | €1,640 | €1,580 | -€60 | -3.7% |
| Gross operating margin | 9900 | €116,801 | €138,531 | +€21,731 | +18.6% |
| Operating profit (loss) | 9901 | €45,025 | €73,959 | +€28,934 | +64.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €11,130 | €9,643 | -€1,487 | -13.4% |
| Recurring financial charges | 65 | €11,130 | €9,643 | -€1,487 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €33,895 | €64,317 | +€30,421 | +89.8% |
| Income taxes | 67/77 | €12,750 | €20,205 | +€7,456 | +58.5% |
| Profit (loss) for the period | 9904 | €21,146 | €44,111 | +€22,965 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €21,146 | €44,111 | +€22,965 | +109% |
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.