ASURMA: 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.
ASURMA
Largest movements
- Tangible fixed assets +€306,094
up €306,094 (+977.4%), from €31,318 to €337,412
of which Land and buildings: +€307,292
- Receivables within one year -€22,781
down €22,781 (-31.6%), from €72,100 to €49,319
of which Other amounts receivable: -€31,738
- Receivables after one year -€10,000
down €10,000 (-25.0%), from €40,000 to €30,000
- Deferred charges and accrued income +€7,532
up €7,532 (+42.5%), from €17,722 to €25,254
- Cash -€7,167
down €7,167 (-6.2%), from €114,757 to €107,590
mainly Investment in fixed assets (net) (-€323,950) and Contributions, distributions and other (-€34,205)
- Debts after one year +€247,171
up €247,171 (+1995.4%), from €12,387 to €259,558
of which Other amounts payable: +€250,292
- Reserves +€18,763
up €18,763 (+10.9%), from €171,375 to €190,138
- Other debts +€9,486
up €9,486 (+38.4%), from €24,719 to €34,205
- Current portion of long-term debt -€8,381
down €8,381 (-72.9%), from €11,502 to €3,121
- Trade debts +€6,314
up €6,314 (+297.2%), from €2,124 to €8,439
- Depreciation -€7,360
down €7,360 (-29.2%), from €25,216 to €17,856
- Staff costs +€7,094
up €7,094 (+11.3%), from €62,894 to €69,988
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 | €275,897 | €549,575 | +€273,678 | +99.2% |
| Fixed assets | 21/28 | €31,318 | €337,412 | +€306,094 | +977.4% |
| Tangible fixed assets | 22/27 | €31,318 | €337,412 | +€306,094 | +977.4% |
| Land and buildings | 22 | - | €307,292 | +€307,292 | |
| Plant, machinery and equipment | 23 | €178 | €7,911 | +€7,733 | +4341.0% |
| Furniture and vehicles | 24 | €31,140 | €22,210 | -€8,930 | -28.7% |
| Current assets | 29/58 | €244,579 | €212,163 | -€32,416 | -13.3% |
| Amounts receivable after more than one year | 29 | €40,000 | €30,000 | -€10,000 | -25.0% |
| Other amounts receivable | 291 | €40,000 | €30,000 | -€10,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €72,100 | €49,319 | -€22,781 | -31.6% |
| Trade receivables | 40 | €23,548 | €32,505 | +€8,957 | +38.0% |
| Other amounts receivable | 41 | €48,552 | €16,814 | -€31,738 | -65.4% |
| Cash at bank and in hand | 54/58 | €114,757 | €107,590 | -€7,167 | -6.2% |
| Deferred charges and accrued income | 490/1 | €17,722 | €25,254 | +€7,532 | +42.5% |
| Total equity and liabilities | 10/49 | €275,897 | €549,575 | +€273,678 | +99.2% |
| Equity | 10/15 | €181,895 | €200,658 | +€18,763 | +10.3% |
| Contributions | 10/11 | €10,520 | €10,520 | = | 0.0% |
| Reserves | 13 | €171,375 | €190,138 | +€18,763 | +10.9% |
| Distributable reserves | 133 | €171,375 | €190,138 | +€18,763 | +10.9% |
| Amounts payable | 17/49 | €94,002 | €348,917 | +€254,915 | +271.2% |
| Amounts payable after more than one year | 17 | €12,387 | €259,558 | +€247,171 | +1995.4% |
| Financial debts | 170/4 | €12,387 | €9,266 | -€3,121 | -25.2% |
| Other amounts payable | 178/9 | - | €250,292 | +€250,292 | |
| Amounts payable within one year | 42/48 | €60,107 | €71,509 | +€11,402 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €11,502 | €3,121 | -€8,381 | -72.9% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €2,124 | €8,439 | +€6,314 | +297.2% |
| Suppliers | 440/4 | €2,124 | €8,439 | +€6,314 | +297.2% |
| Taxes, remuneration and social security | 45 | €21,762 | €25,737 | +€3,976 | +18.3% |
| Taxes | 450/3 | €4,903 | €6,080 | +€1,177 | +24.0% |
| Remuneration and social security | 454/9 | €16,858 | €19,657 | +€2,799 | +16.6% |
| Other amounts payable | 47/48 | €24,719 | €34,205 | +€9,486 | +38.4% |
| Accrued charges and deferred income | 492/3 | €21,508 | €17,850 | -€3,659 | -17.0% |
| Remuneration, social security and pensions | 62 | €62,894 | €69,988 | +€7,094 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,216 | €17,856 | -€7,360 | -29.2% |
| Other operating charges | 640/8 | €15,014 | €14,752 | -€262 | -1.7% |
| Gross operating margin | 9900 | €182,491 | €182,977 | +€486 | +0.3% |
| Operating profit (loss) | 9901 | €79,367 | €80,380 | +€1,013 | +1.3% |
| Financial income | 75/76B | €2,008 | €619 | -€1,389 | -69.2% |
| Recurring financial income | 75 | €2,008 | €619 | -€1,389 | -69.2% |
| Financial charges | 65/66B | €3,242 | €2,457 | -€785 | -24.2% |
| Recurring financial charges | 65 | €3,242 | €2,457 | -€785 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €78,133 | €78,542 | +€409 | +0.5% |
| Income taxes | 67/77 | €24,903 | €25,574 | +€671 | +2.7% |
| Profit (loss) for the period | 9904 | €53,230 | €52,968 | -€262 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,230 | €52,968 | -€262 | -0.5% |
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 12 October 2026 via checked.be.