ASV CONNECTING: 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.
ASV CONNECTING
Largest movements
- Tangible fixed assets +€12,800
up €12,800 (+80.0%), from €16,000 to €28,800
- Receivables within one year -€10,084
down €10,084 (-23.1%), from €43,597 to €33,513
of which Other amounts receivable: -€6,660
- Tax, wage and social debts +€4,470
up €4,470 (+3,584%), from €125 to €4,594
- Other debts -€4,016
down €4,016 (-23.7%), from €16,926 to €12,910
- Profit (loss) carried forward +€2,262
up €2,262 (+18.5%), from -€12,237 to -€9,975
- Gross operating margin +€6,193
up €6,193, from -€730 to €5,462
- Depreciation +€3,200
new in 2025: €3,200
- Other operating charges -€2,231
no longer reported in 2025 (was €2,231)
- Financial charges -€234
no longer reported in 2025 (was €234)
- Taxes -€125
no longer reported in 2025 (was €125)
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 | €63,481 | €66,196 | +€2,716 | +4.3% |
| Fixed assets | 21/28 | €16,000 | €28,800 | +€12,800 | +80.0% |
| Tangible fixed assets | 22/27 | €16,000 | €28,800 | +€12,800 | +80.0% |
| Furniture and vehicles | 24 | €16,000 | €28,800 | +€12,800 | +80.0% |
| Current assets | 29/58 | €47,481 | €37,396 | -€10,084 | -21.2% |
| Amounts receivable within one year | 40/41 | €43,597 | €33,513 | -€10,084 | -23.1% |
| Trade receivables | 40 | €35,063 | €31,638 | -€3,424 | -9.8% |
| Other amounts receivable | 41 | €8,534 | €1,874 | -€6,660 | -78.0% |
| Cash at bank and in hand | 54/58 | €3,883 | €3,883 | = | 0.0% |
| Total equity and liabilities | 10/49 | €63,481 | €66,196 | +€2,716 | +4.3% |
| Equity | 10/15 | €35,213 | €37,475 | +€2,262 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,250 | €41,250 | = | 0.0% |
| Distributable reserves | 133 | €41,250 | €41,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,237 | -€9,975 | +€2,262 | +18.5% |
| Amounts payable | 17/49 | €28,268 | €28,721 | +€454 | +1.6% |
| Amounts payable within one year | 42/48 | €28,268 | €28,721 | +€454 | +1.6% |
| Trade debts | 44 | €11,216 | €11,216 | = | 0.0% |
| Suppliers | 440/4 | €11,216 | €11,216 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €125 | €4,594 | +€4,470 | +3,584% |
| Taxes | 450/3 | €125 | €4,594 | +€4,470 | +3,584% |
| Other amounts payable | 47/48 | €16,926 | €12,910 | -€4,016 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,200 | +€3,200 | |
| Other operating charges | 640/8 | €2,231 | - | -€2,231 | |
| Non-recurring operating charges | 66A | €8,369 | - | -€8,369 | |
| Gross operating margin | 9900 | -€730 | €5,462 | +€6,193 | |
| Operating profit (loss) | 9901 | -€11,330 | €2,262 | +€13,592 | |
| Financial charges | 65/66B | €234 | - | -€234 | |
| Recurring financial charges | 65 | €234 | - | -€234 | |
| Profit (loss) for the period before taxes | 9903 | -€11,563 | €2,262 | +€13,826 | |
| Income taxes | 67/77 | €125 | - | -€125 | |
| Profit (loss) for the period | 9904 | -€11,688 | €2,262 | +€13,950 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,688 | €2,262 | +€13,950 |
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 17 October 2026 via checked.be.