ASVALIS: 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.
ASVALIS
Largest movements
- Tangible fixed assets -€44,932
down €44,932 (-100.0%), from €44,932 to €0
- Cash -€18,352
down €18,352 (-7.2%), from €254,178 to €235,826
mainly Other debts (-€43,630) and Net result for the year (-€25,708)
- Other debts -€43,630
down €43,630 (-99.9%), from €43,684 to €54
- Profit (loss) carried forward -€25,708
down €25,708, from €7,990 to -€17,718
- Gross operating margin -€104,910
down €104,910, from €94,793 to -€10,117
- Taxes -€27,967
down €27,967 (-99.7%), from €28,052 to €85
- Depreciation -€12,530
down €12,530 (-100.0%), from €12,530 to €0
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 | €308,804 | €244,756 | -€64,048 | -20.7% |
| Fixed assets | 21/28 | €44,932 | €0 | -€44,932 | -100.0% |
| Tangible fixed assets | 22/27 | €44,932 | €0 | -€44,932 | -100.0% |
| Furniture and vehicles | 24 | €44,932 | €0 | -€44,932 | -100.0% |
| Current assets | 29/58 | €263,872 | €244,756 | -€19,117 | -7.2% |
| Amounts receivable within one year | 40/41 | €9,669 | €8,930 | -€739 | -7.6% |
| Trade receivables | 40 | €728 | €0 | -€728 | -100.0% |
| Other amounts receivable | 41 | €8,941 | €8,930 | -€11 | -0.1% |
| Cash at bank and in hand | 54/58 | €254,178 | €235,826 | -€18,352 | -7.2% |
| Deferred charges and accrued income | 490/1 | €26 | €0 | -€26 | -100.0% |
| Total equity and liabilities | 10/49 | €308,804 | €244,756 | -€64,048 | -20.7% |
| Equity | 10/15 | €264,995 | €239,287 | -€25,708 | -9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €238,406 | €238,406 | = | 0.0% |
| Distributable reserves | 133 | €238,406 | €238,406 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,990 | -€17,718 | -€25,708 | |
| Amounts payable | 17/49 | €43,809 | €5,469 | -€38,340 | -87.5% |
| Amounts payable within one year | 42/48 | €43,809 | €5,469 | -€38,340 | -87.5% |
| Trade debts | 44 | €125 | €2,783 | +€2,658 | +2133.0% |
| Suppliers | 440/4 | €125 | €2,783 | +€2,658 | +2133.0% |
| Taxes, remuneration and social security | 45 | €0 | €2,632 | +€2,632 | |
| Taxes | 450/3 | €0 | €2,632 | +€2,632 | |
| Other amounts payable | 47/48 | €43,684 | €54 | -€43,630 | -99.9% |
| Non-recurring operating income | 76A | €0 | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,530 | €0 | -€12,530 | -100.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | - | €14,932 | +€14,932 | |
| Gross operating margin | 9900 | €94,793 | -€10,117 | -€104,910 | |
| Operating profit (loss) | 9901 | €81,758 | -€25,568 | -€107,326 | |
| Financial charges | 65/66B | €262 | €55 | -€207 | -78.9% |
| Recurring financial charges | 65 | €262 | €55 | -€207 | -78.9% |
| Profit (loss) for the period before taxes | 9903 | €81,496 | -€25,624 | -€107,120 | |
| Income taxes | 67/77 | €28,052 | €85 | -€27,967 | -99.7% |
| Profit (loss) for the period | 9904 | €53,444 | -€25,708 | -€79,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,444 | -€25,708 | -€79,153 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.