ASV Design: what changed
Two fiscal 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 Design
Largest movements
- Receivables within one year +€53,319
up €53,319 (+250.8%), from €21,262 to €74,581
of which Trade receivables: +€51,784
- Tangible fixed assets +€47,821
up €47,821 (+55.4%), from €86,291 to €134,112
of which Furniture and vehicles: +€57,540
- Cash -€25,235
down €25,235 (-53.7%), from €46,977 to €21,742
mainly Investment in fixed assets (net) (-€73,225) and Receivables within one year (-€53,319)
- Other debts +€94,090
up €94,090 (+67.9%), from €138,639 to €232,729
- Profit (loss) carried forward -€21,778
down €21,778 (-123.8%), from -€17,586 to -€39,364
- Trade debts +€7,550
up €7,550 (+287.0%), from €2,630 to €10,180
- Debts after one year -€5,683
down €5,683 (-30.5%), from €18,607 to €12,924
- Gross operating margin -€21,373
down €21,373 (-78.5%), from €27,234 to €5,861
- Depreciation +€1,884
up €1,884 (+8.0%), from €23,520 to €25,404
- Other operating charges +€275
up €275 (+38.5%), from €714 to €989
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 | €156,899 | €232,295 | +€75,397 | +48.1% |
| Fixed assets | 21/28 | €86,291 | €134,112 | +€47,821 | +55.4% |
| Tangible fixed assets | 22/27 | €86,291 | €134,112 | +€47,821 | +55.4% |
| Plant, machinery and equipment | 23 | €546 | €162 | -€384 | -70.3% |
| Furniture and vehicles | 24 | €30,081 | €87,622 | +€57,540 | +191.3% |
| Other tangible fixed assets | 26 | €55,663 | €46,328 | -€9,336 | -16.8% |
| Current assets | 29/58 | €70,608 | €98,184 | +€27,576 | +39.1% |
| Amounts receivable within one year | 40/41 | €21,262 | €74,581 | +€53,319 | +250.8% |
| Trade receivables | 40 | €20,887 | €72,672 | +€51,784 | +247.9% |
| Other amounts receivable | 41 | €374 | €1,909 | +€1,535 | +409.9% |
| Cash at bank and in hand | 54/58 | €46,977 | €21,742 | -€25,235 | -53.7% |
| Deferred charges and accrued income | 490/1 | €2,370 | €1,861 | -€509 | -21.5% |
| Total equity and liabilities | 10/49 | €156,899 | €232,295 | +€75,397 | +48.1% |
| Equity | 10/15 | -€12,586 | -€34,364 | -€21,778 | -173.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,586 | -€39,364 | -€21,778 | -123.8% |
| Amounts payable | 17/49 | €169,484 | €266,659 | +€97,174 | +57.3% |
| Amounts payable after more than one year | 17 | €18,607 | €12,924 | -€5,683 | -30.5% |
| Financial debts | 170/4 | €18,607 | €12,924 | -€5,683 | -30.5% |
| Amounts payable within one year | 42/48 | €150,877 | €253,735 | +€102,858 | +68.2% |
| Current portion of amounts payable after more than one year | 42 | €5,347 | €5,683 | +€336 | +6.3% |
| Trade debts | 44 | €2,630 | €10,180 | +€7,550 | +287.0% |
| Suppliers | 440/4 | €2,630 | €10,180 | +€7,550 | +287.0% |
| Taxes, remuneration and social security | 45 | €4,260 | €5,142 | +€882 | +20.7% |
| Taxes | 450/3 | €260 | €52 | -€208 | -79.9% |
| Remuneration and social security | 454/9 | €4,000 | €5,090 | +€1,090 | +27.3% |
| Other amounts payable | 47/48 | €138,639 | €232,729 | +€94,090 | +67.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,520 | €25,404 | +€1,884 | +8.0% |
| Other operating charges | 640/8 | €714 | €989 | +€275 | +38.5% |
| Gross operating margin | 9900 | €27,234 | €5,861 | -€21,373 | -78.5% |
| Operating profit (loss) | 9901 | €3,000 | -€20,532 | -€23,532 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +20.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +20.0% |
| Financial charges | 65/66B | €776 | €981 | +€205 | +26.4% |
| Recurring financial charges | 65 | €776 | €981 | +€205 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €2,224 | -€21,512 | -€23,736 | |
| Income taxes | 67/77 | €245 | €266 | +€20 | +8.2% |
| Profit (loss) for the period | 9904 | €1,978 | -€21,778 | -€23,756 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,978 | -€21,778 | -€23,756 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.