AUSM: 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.
AUSM
Largest movements
- Receivables within one year +€4,319
up €4,319 (+110%), from €3,923 to €8,242
of which Trade receivables: +€8,132
- Tangible fixed assets -€2,645
down €2,645 (-64.4%), from €4,109 to €1,464
- Cash -€696
down €696 (-4.6%), from €15,133 to €14,437
mainly Receivables within one year (-€4,319) and Trade debts (-€2,782)
- Other debts +€3,269
new in 2025: €3,269
- Trade debts -€2,782
down €2,782 (-79.6%), from €3,496 to €714
- Profit (loss) carried forward +€307
up €307 (+9.3%), from -€3,307 to -€3,000
- Taxes -€2,951
down €2,951, from €2,741 to -€211
- Gross operating margin +€605
up €605 (+16.6%), from €3,653 to €4,258
- Other operating charges -€349
down €349 (-20.2%), from €1,730 to €1,381
- Depreciation +€231
up €231 (+9.5%), from €2,415 to €2,645
- Financial income -€134
down €134 (-55.5%), from €241 to €107
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 | €23,595 | €24,538 | +€943 | +4.0% |
| Fixed assets | 21/28 | €4,109 | €1,464 | -€2,645 | -64.4% |
| Tangible fixed assets | 22/27 | €4,109 | €1,464 | -€2,645 | -64.4% |
| Furniture and vehicles | 24 | €4,109 | €1,464 | -€2,645 | -64.4% |
| Current assets | 29/58 | €19,486 | €23,074 | +€3,588 | +18.4% |
| Amounts receivable within one year | 40/41 | €3,923 | €8,242 | +€4,319 | +110% |
| Trade receivables | 40 | - | €8,132 | +€8,132 | |
| Other amounts receivable | 41 | €3,923 | €109 | -€3,814 | -97.2% |
| Cash at bank and in hand | 54/58 | €15,133 | €14,437 | -€696 | -4.6% |
| Deferred charges and accrued income | 490/1 | €430 | €395 | -€35 | -8.0% |
| Total equity and liabilities | 10/49 | €23,595 | €24,538 | +€943 | +4.0% |
| Equity | 10/15 | €14,321 | €14,628 | +€307 | +2.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,228 | €5,228 | = | 0.0% |
| Distributable reserves | 133 | €5,228 | €5,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,307 | -€3,000 | +€307 | +9.3% |
| Amounts payable | 17/49 | €9,274 | €9,910 | +€636 | +6.9% |
| Amounts payable within one year | 42/48 | €9,274 | €9,910 | +€636 | +6.9% |
| Trade debts | 44 | €3,496 | €714 | -€2,782 | -79.6% |
| Suppliers | 440/4 | €3,496 | €714 | -€2,782 | -79.6% |
| Taxes, remuneration and social security | 45 | €5,778 | €5,927 | +€149 | +2.6% |
| Taxes | 450/3 | €5,778 | €5,927 | +€149 | +2.6% |
| Other amounts payable | 47/48 | - | €3,269 | +€3,269 | |
| Remuneration, social security and pensions | 62 | €68 | €0 | -€68 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,415 | €2,645 | +€231 | +9.5% |
| Other operating charges | 640/8 | €1,730 | €1,381 | -€349 | -20.2% |
| Gross operating margin | 9900 | €3,653 | €4,258 | +€605 | +16.6% |
| Operating profit (loss) | 9901 | -€560 | €231 | +€791 | |
| Financial income | 75/76B | €241 | €107 | -€134 | -55.5% |
| Recurring financial income | 75 | €241 | €107 | -€134 | -55.5% |
| Financial charges | 65/66B | €248 | €242 | -€6 | -2.5% |
| Recurring financial charges | 65 | €248 | €242 | -€6 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€567 | €97 | +€664 | |
| Income taxes | 67/77 | €2,741 | -€211 | -€2,951 | |
| Profit (loss) for the period | 9904 | -€3,307 | €307 | +€3,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,307 | €307 | +€3,615 |
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.