ASUNTO: 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.
ASUNTO
Largest movements
- Cash +€290,212
up €290,212 (+192%), from €151,026 to €441,238
mainly Net result for the year (+€166,524) and Depreciation (+€49,447)
- Tangible fixed assets -€49,447
down €49,447 (-5.4%), from €916,649 to €867,202
of which Land and buildings: -€49,089
- Reserves +€166,524
up €166,524 (+17.7%), from €941,858 to €1.1m
- Other debts +€30,815
up €30,815 (+149%), from €20,622 to €51,437
- Tax, wage and social debts +€22,677
up €22,677 (+207%), from €10,952 to €33,629
- Depreciation +€14,580
up €14,580 (+41.8%), from €34,867 to €49,447
- Financial charges +€14,186
up €14,186 (+9,477%), from €150 to €14,335
- Taxes -€11,617
down €11,617 (-13.8%), from €84,167 to €72,550
- Gross operating margin -€7,299
down €7,299 (-2.3%), from €318,803 to €311,504
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 | €1,276,629 | €1,520,916 | +€244,288 | +19.1% |
| Fixed assets | 21/28 | €916,649 | €867,202 | -€49,447 | -5.4% |
| Tangible fixed assets | 22/27 | €916,649 | €867,202 | -€49,447 | -5.4% |
| Land and buildings | 22 | €910,226 | €861,136 | -€49,089 | -5.4% |
| Furniture and vehicles | 24 | €6,424 | €6,066 | -€358 | -5.6% |
| Current assets | 29/58 | €359,980 | €653,715 | +€293,735 | +81.6% |
| Amounts receivable within one year | 40/41 | €128,707 | €128,586 | -€120 | -0.1% |
| Trade receivables | 40 | €122,791 | €128,586 | +€5,795 | +4.7% |
| Other amounts receivable | 41 | €5,916 | - | -€5,916 | |
| Current investments | 50/53 | €80,247 | €80,810 | +€563 | +0.7% |
| Cash at bank and in hand | 54/58 | €151,026 | €441,238 | +€290,212 | +192% |
| Deferred charges and accrued income | 490/1 | - | €3,080 | +€3,080 | |
| Total equity and liabilities | 10/49 | €1,276,629 | €1,520,916 | +€244,288 | +19.1% |
| Equity | 10/15 | €1,042,384 | €1,208,907 | +€166,524 | +16.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €941,858 | €1,108,381 | +€166,524 | +17.7% |
| Distributable reserves | 133 | €941,858 | €1,108,381 | +€166,524 | +17.7% |
| Profit (loss) carried forward | 14 | €38,553 | €38,553 | = | 0.0% |
| Amounts payable | 17/49 | €234,245 | €312,009 | +€77,764 | +33.2% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €33,921 | €97,530 | +€63,609 | +188% |
| Trade debts | 44 | €2,347 | €12,464 | +€10,116 | +431% |
| Suppliers | 440/4 | €2,347 | €12,464 | +€10,116 | +431% |
| Taxes, remuneration and social security | 45 | €10,952 | €33,629 | +€22,677 | +207% |
| Taxes | 450/3 | €10,952 | €33,629 | +€22,677 | +207% |
| Other amounts payable | 47/48 | €20,622 | €51,437 | +€30,815 | +149% |
| Accrued charges and deferred income | 492/3 | €325 | €14,480 | +€14,155 | +4,362% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,867 | €49,447 | +€14,580 | +41.8% |
| Other operating charges | 640/8 | €10,070 | €9,524 | -€546 | -5.4% |
| Gross operating margin | 9900 | €318,803 | €311,504 | -€7,299 | -2.3% |
| Operating profit (loss) | 9901 | €273,866 | €252,533 | -€21,334 | -7.8% |
| Financial income | 75/76B | €1,736 | €876 | -€859 | -49.5% |
| Recurring financial income | 75 | €1,736 | €876 | -€859 | -49.5% |
| Financial charges | 65/66B | €150 | €14,335 | +€14,186 | +9,477% |
| Recurring financial charges | 65 | €150 | €14,335 | +€14,186 | +9,477% |
| Profit (loss) for the period before taxes | 9903 | €275,452 | €239,073 | -€36,379 | -13.2% |
| Income taxes | 67/77 | €84,167 | €72,550 | -€11,617 | -13.8% |
| Profit (loss) for the period | 9904 | €191,285 | €166,524 | -€24,761 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €191,285 | €166,524 | -€24,761 | -12.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.