ASVB België: 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.
ASVB België
Largest movements
- Receivables after one year -€4.7m
no longer reported in 2025 (was €4.7m)
- Receivables within one year -€175,770
down €175,770 (-42.6%), from €412,243 to €236,473
of which Other amounts receivable: -€240,841
- Reserves -€3.1m
down €3.1m (-31.1%), from €9.8m to €6.8m
of which Distributable reserves: -€3.1m
- Debts after one year -€2.1m
no longer reported in 2025 (was €2.1m)
- Financial income -€7.1m
down €7.1m (-74.1%), from €9.5m to €2.5m
of which Financial income: -€7.0m
- Financial charges -€145,269
down €145,269 (-82.4%), from €176,399 to €31,130
- Services and other goods +€62,905
up €62,905 (+7.9%), from €797,050 to €859,954
- Turnover +€62,151
up €62,151 (+7.8%), from €798,525 to €860,676
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 | €16,717,425 | €11,590,238 | -€5.1m | -30.7% |
| Fixed assets | 21/28 | €11,319,993 | €11,319,993 | = | 0.0% |
| Financial fixed assets | 28 | €11,319,993 | €11,319,993 | = | 0.0% |
| Affiliated companies | 280/1 | €11,319,993 | €11,319,993 | = | 0.0% |
| Participating interests | 280 | €11,319,993 | €11,319,993 | = | 0.0% |
| Current assets | 29/58 | €5,397,432 | €270,245 | -€5.1m | -95.0% |
| Amounts receivable after more than one year | 29 | €4,729,958 | - | -€4.7m | |
| Other amounts receivable | 291 | €4,729,958 | - | -€4.7m | |
| Amounts receivable within one year | 40/41 | €412,243 | €236,473 | -€175,770 | -42.6% |
| Trade receivables | 40 | €169,858 | €234,929 | +€65,071 | +38.3% |
| Other amounts receivable | 41 | €242,385 | €1,543 | -€240,841 | -99.4% |
| Cash at bank and in hand | 54/58 | €200,301 | €33,772 | -€166,529 | -83.1% |
| Deferred charges and accrued income | 490/1 | €54,931 | - | -€54,931 | |
| Total equity and liabilities | 10/49 | €16,717,425 | €11,590,238 | -€5.1m | -30.7% |
| Equity | 10/15 | €14,437,650 | €11,372,860 | -€3.1m | -21.2% |
| Contributions | 10/11 | €4,598,742 | €4,598,742 | = | 0.0% |
| Capital | 10 | €4,598,742 | €4,598,742 | = | 0.0% |
| Issued capital | 100 | €4,598,742 | €4,598,742 | = | 0.0% |
| Reserves | 13 | €9,838,908 | €6,774,119 | -€3.1m | -31.1% |
| Non-distributable reserves | 130/1 | €460,000 | €460,000 | = | 0.0% |
| Legal reserve | 130 | €460,000 | €460,000 | = | 0.0% |
| Distributable reserves | 133 | €9,378,908 | €6,314,119 | -€3.1m | -32.7% |
| Amounts payable | 17/49 | €2,279,775 | €217,377 | -€2.1m | -90.5% |
| Amounts payable after more than one year | 17 | €2,080,112 | - | -€2.1m | |
| Financial debts | 170/4 | €2,080,112 | - | -€2.1m | |
| Other loans | 174 | €2,080,112 | - | -€2.1m | |
| Amounts payable within one year | 42/48 | €175,506 | €217,377 | +€41,871 | +23.9% |
| Trade debts | 44 | €175,506 | €217,377 | +€41,871 | +23.9% |
| Suppliers | 440/4 | €175,506 | €217,377 | +€41,871 | +23.9% |
| Accrued charges and deferred income | 492/3 | €24,157 | - | -€24,157 | |
| Operating income | 70/76A | €823,525 | €860,676 | +€37,151 | +4.5% |
| Turnover | 70 | €798,525 | €860,676 | +€62,151 | +7.8% |
| Non-recurring operating income | 76A | €25,000 | - | -€25,000 | |
| Operating charges | 60/66A | €798,135 | €861,073 | +€62,938 | +7.9% |
| Services and other goods | 61 | €797,050 | €859,954 | +€62,905 | +7.9% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Operating profit (loss) | 9901 | €25,390 | -€396 | -€25,786 | |
| Financial income | 75/76B | €9,528,986 | €2,466,737 | -€7.1m | -74.1% |
| Recurring financial income | 75 | €9,507,440 | €2,466,737 | -€7.0m | -74.1% |
| Income from financial fixed assets | 750 | €9,266,004 | €2,377,797 | -€6.9m | -74.3% |
| Income from current assets | 751 | €241,437 | €88,939 | -€152,498 | -63.2% |
| Non-recurring financial income | 76B | €21,545 | - | -€21,545 | |
| Financial charges | 65/66B | €176,399 | €31,130 | -€145,269 | -82.4% |
| Recurring financial charges | 65 | €176,399 | €31,130 | -€145,269 | -82.4% |
| Debt charges | 650 | €175,967 | €30,688 | -€145,279 | -82.6% |
| Other financial charges | 652/9 | €432 | €442 | +€9 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €9,377,976 | €2,435,211 | -€6.9m | -74.0% |
| Profit (loss) for the period | 9904 | €9,377,976 | €2,435,211 | -€6.9m | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,377,976 | €2,435,211 | -€6.9m | -74.0% |
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 20 October 2026 via checked.be.