ASYO: 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.
ASYO
Largest movements
- Stocks and contracts -€2.8m
down €2.8m (-99.6%), from €2.8m to €10,000
- Financial fixed assets -€102,362
down €102,362 (-38.4%), from €266,280 to €163,918
- Tangible fixed assets +€58,164
up €58,164 (+5.7%), from €1.0m to €1.1m
- Short-term financial debts -€2.0m
down €2.0m (-95.3%), from €2.1m to €100,000
- Reserves -€616,723
down €616,723 (-52.6%), from €1.2m to €555,463
of which Distributable reserves: -€612,283
- Profit (loss) carried forward -€108,850
new in 2025: -€108,850
- Other debts -€98,920
down €98,920 (-100.0%), from €98,920 to €0
- Debts after one year -€77,865
down €77,865 (-18.2%), from €428,100 to €350,234
- Gross operating margin -€907,067
down €907,067, from €245,815 to -€661,252
- Financial charges -€103,743
down €103,743 (-80.3%), from €129,160 to €25,418
of which Financial charges: -€103,743
- Taxes -€26,471
down €26,471 (-98.3%), from €26,934 to €463
- Financial income -€12,909
down €12,909 (-100.0%), from €12,909 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 | €4,621,781 | €1,764,376 | -€2.9m | -61.8% |
| Fixed assets | 21/28 | €1,294,399 | €1,250,200 | -€44,198 | -3.4% |
| Tangible fixed assets | 22/27 | €1,028,119 | €1,086,282 | +€58,164 | +5.7% |
| Land and buildings | 22 | €1,028,119 | €1,086,282 | +€58,164 | +5.7% |
| Financial fixed assets | 28 | €266,280 | €163,918 | -€102,362 | -38.4% |
| Current assets | 29/58 | €3,327,382 | €514,175 | -€2.8m | -84.5% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,810,121 | €10,000 | -€2.8m | -99.6% |
| Stocks | 30/36 | €2,810,121 | €10,000 | -€2.8m | -99.6% |
| Amounts receivable within one year | 40/41 | €371,282 | €349,296 | -€21,986 | -5.9% |
| Trade receivables | 40 | €165,259 | €216,077 | +€50,818 | +30.8% |
| Other amounts receivable | 41 | €206,023 | €133,219 | -€72,804 | -35.3% |
| Cash at bank and in hand | 54/58 | €20,316 | €29,173 | +€8,857 | +43.6% |
| Deferred charges and accrued income | 490/1 | €664 | €707 | +€43 | +6.4% |
| Total equity and liabilities | 10/49 | €4,621,781 | €1,764,376 | -€2.9m | -61.8% |
| Equity | 10/15 | €1,815,014 | €1,089,441 | -€725,573 | -40.0% |
| Contributions | 10/11 | €642,828 | €642,828 | = | 0.0% |
| Reserves | 13 | €1,172,186 | €555,463 | -€616,723 | -52.6% |
| Tax-exempt reserves | 132 | €106,579 | €102,139 | -€4,440 | -4.2% |
| Distributable reserves | 133 | €1,065,607 | €453,324 | -€612,283 | -57.5% |
| Profit (loss) carried forward | 14 | - | -€108,850 | -€108,850 | |
| Provisions and deferred taxes | 16 | €54,881 | €52,594 | -€2,286 | -4.2% |
| Deferred taxes | 168 | €54,881 | €52,594 | -€2,286 | -4.2% |
| Amounts payable | 17/49 | €2,751,886 | €622,340 | -€2.1m | -77.4% |
| Amounts payable after more than one year | 17 | €428,100 | €350,234 | -€77,865 | -18.2% |
| Financial debts | 170/4 | €428,100 | €350,234 | -€77,865 | -18.2% |
| Amounts payable within one year | 42/48 | €2,323,787 | €272,106 | -€2.1m | -88.3% |
| Current portion of amounts payable after more than one year | 42 | €76,472 | €153,085 | +€76,613 | +100.2% |
| Financial debts | 43 | €2,126,944 | €100,000 | -€2.0m | -95.3% |
| Credit institutions | 430/8 | €2,126,944 | €100,000 | -€2.0m | -95.3% |
| Trade debts | 44 | €4,147 | €2,282 | -€1,865 | -45.0% |
| Suppliers | 440/4 | €4,147 | €2,282 | -€1,865 | -45.0% |
| Taxes, remuneration and social security | 45 | €17,303 | €16,739 | -€564 | -3.3% |
| Taxes | 450/3 | €17,303 | €16,739 | -€564 | -3.3% |
| Other amounts payable | 47/48 | €98,920 | €0 | -€98,920 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,836 | €31,836 | = | 0.0% |
| Other operating charges | 640/8 | €6,428 | €7,623 | +€1,194 | +18.6% |
| Non-recurring operating charges | 66A | - | €1,268 | +€1,268 | |
| Gross operating margin | 9900 | €245,815 | -€661,252 | -€907,067 | |
| Operating profit (loss) | 9901 | €207,551 | -€701,979 | -€909,529 | |
| Financial income | 75/76B | €12,909 | €0 | -€12,909 | -100.0% |
| Recurring financial income | 75 | €12,909 | €0 | -€12,909 | -100.0% |
| Financial charges | 65/66B | €129,160 | €25,418 | -€103,743 | -80.3% |
| Recurring financial charges | 65 | €129,160 | €25,418 | -€103,743 | -80.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €91,299 | -€727,396 | -€818,695 | |
| Transfer from deferred taxes | 780 | €2,286 | €2,286 | +€0 | 0.0% |
| Income taxes | 67/77 | €26,934 | €463 | -€26,471 | -98.3% |
| Profit (loss) for the period | 9904 | €66,651 | -€725,573 | -€792,224 | |
| Transfer from tax-exempt reserves | 789 | €4,440 | €4,440 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,091 | -€721,133 | -€792,224 |
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 2 October 2026 via checked.be.