asUgo Consulting: 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.
asUgo Consulting
Largest movements
- Cash +€998,241
up €998,241 (+105%), from €952,737 to €2.0m
mainly Advances received (+€559,922) and Deferred charges and accrued income (+€315,243)
- Deferred charges and accrued income -€315,243
down €315,243 (-76.1%), from €414,347 to €99,104
- Receivables within one year -€184,970
down €184,970 (-8.7%), from €2.1m to €2.0m
of which Trade receivables: -€270,799
- Stocks and contracts +€134,858
new in 2025: €134,858
- Intangible fixed assets -€72,240
down €72,240 (-74.1%), from €97,466 to €25,226
- Advances received +€559,922
new in 2025: €559,922
- Accrued charges and deferred income -€394,286
down €394,286 (-98.9%), from €398,786 to €4,500
- Other debts +€308,947
new in 2025: €308,947
- Trade debts -€264,363
down €264,363 (-25.7%), from €1.0m to €764,796
- Reserves +€238,000
up €238,000 (+22.1%), from €1.1m to €1.3m
of which Distributable reserves: +€248,000
- Turnover +€8.9m
new in 2025: €8.9m
- Purchases and services +€4.4m
new in 2025: €4.4m
- Financial charges -€138,962
down €138,962 (-46.2%), from €300,727 to €161,765
of which Non-recurring financial charges: -€143,444
- Taxes -€128,255
down €128,255 (-72.7%), from €176,360 to €48,105
- Staff costs +€120,892
up €120,892 (+2.7%), from €4.4m to €4.5m
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 | €3,640,663 | €4,208,550 | +€567,886 | +15.6% |
| Fixed assets | 21/28 | €137,005 | €72,005 | -€65,000 | -47.4% |
| Intangible fixed assets | 21 | €97,466 | €25,226 | -€72,240 | -74.1% |
| Tangible fixed assets | 22/27 | €24,490 | €31,730 | +€7,240 | +29.6% |
| Furniture and vehicles | 24 | €23,758 | €31,398 | +€7,640 | +32.2% |
| Other tangible fixed assets | 26 | €732 | €332 | -€400 | -54.6% |
| Financial fixed assets | 28 | €15,049 | €15,049 | = | 0.0% |
| Current assets | 29/58 | €3,503,658 | €4,136,544 | +€632,886 | +18.1% |
| Stocks and contracts in progress | 3 | - | €134,858 | +€134,858 | |
| Contracts in progress | 37 | - | €134,858 | +€134,858 | |
| Amounts receivable within one year | 40/41 | €2,136,575 | €1,951,605 | -€184,970 | -8.7% |
| Trade receivables | 40 | €2,134,707 | €1,863,908 | -€270,799 | -12.7% |
| Other amounts receivable | 41 | €1,868 | €87,697 | +€85,829 | +4,596% |
| Cash at bank and in hand | 54/58 | €952,737 | €1,950,977 | +€998,241 | +105% |
| Deferred charges and accrued income | 490/1 | €414,347 | €99,104 | -€315,243 | -76.1% |
| Total equity and liabilities | 10/49 | €3,640,663 | €4,208,550 | +€567,886 | +15.6% |
| Equity | 10/15 | €1,176,090 | €1,414,205 | +€238,115 | +20.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,076,000 | €1,314,000 | +€238,000 | +22.1% |
| Non-distributable reserves | 130/1 | €10,000 | €0 | -€10,000 | -100% |
| Reserves not available under the articles | 1311 | €10,000 | €0 | -€10,000 | -100% |
| Distributable reserves | 133 | €1,066,000 | €1,314,000 | +€248,000 | +23.3% |
| Profit (loss) carried forward | 14 | €90 | €205 | +€115 | +129% |
| Provisions and deferred taxes | 16 | €35,000 | €0 | -€35,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €35,000 | €0 | -€35,000 | -100% |
| Other liabilities and charges | 164/5 | €35,000 | €0 | -€35,000 | -100% |
| Amounts payable | 17/49 | €2,429,573 | €2,794,344 | +€364,771 | +15.0% |
| Amounts payable within one year | 42/48 | €2,030,788 | €2,789,844 | +€759,057 | +37.4% |
| Financial debts | 43 | €3,330 | €11,035 | +€7,705 | +231% |
| Credit institutions | 430/8 | €3,330 | €11,035 | +€7,705 | +231% |
| Trade debts | 44 | €1,029,158 | €764,796 | -€264,363 | -25.7% |
| Suppliers | 440/4 | €1,029,158 | €764,796 | -€264,363 | -25.7% |
| Advances received on contracts in progress | 46 | - | €559,922 | +€559,922 | |
| Taxes, remuneration and social security | 45 | €998,300 | €1,145,145 | +€146,845 | +14.7% |
| Taxes | 450/3 | €419,260 | €288,610 | -€130,650 | -31.2% |
| Remuneration and social security | 454/9 | €579,040 | €856,535 | +€277,495 | +47.9% |
| Other amounts payable | 47/48 | - | €308,947 | +€308,947 | |
| Accrued charges and deferred income | 492/3 | €398,786 | €4,500 | -€394,286 | -98.9% |
| Turnover | 70 | - | €8,878,002 | +€8.9m | |
| Non-recurring operating income | 76A | €16,300 | €41,302 | +€25,002 | +153% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,444,544 | +€4.4m | |
| Remuneration, social security and pensions | 62 | €4,411,001 | €4,531,893 | +€120,892 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,841 | €103,359 | -€10,483 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €39,727 | €17,907 | -€21,821 | -54.9% |
| Other operating charges | 640/8 | €1,098 | €1,283 | +€186 | +16.9% |
| Non-recurring operating charges | 66A | €35,528 | €9,262 | -€26,265 | -73.9% |
| Gross operating margin | 9900 | €5,109,667 | €5,091,717 | -€17,950 | -0.4% |
| Operating profit (loss) | 9901 | €508,472 | €428,013 | -€80,459 | -15.8% |
| Financial income | 75/76B | €9,326 | €19,973 | +€10,646 | +114% |
| Recurring financial income | 75 | €9,326 | €6,946 | -€2,381 | -25.5% |
| Non-recurring financial income | 76B | - | €13,027 | +€13,027 | |
| Financial charges | 65/66B | €300,727 | €161,765 | -€138,962 | -46.2% |
| Recurring financial charges | 65 | €46,199 | €50,682 | +€4,482 | +9.7% |
| Non-recurring financial charges | 66B | €254,527 | €111,083 | -€143,444 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | €217,071 | €286,221 | +€69,149 | +31.9% |
| Income taxes | 67/77 | €176,360 | €48,105 | -€128,255 | -72.7% |
| Profit (loss) for the period | 9904 | €40,711 | €238,115 | +€197,404 | +485% |
| Profit (loss) for the period to be appropriated | 9905 | €40,711 | €238,115 | +€197,404 | +485% |
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 25 October 2026 via checked.be.