D-ASPIRE: 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.
D-ASPIRE
Largest movements
- Tangible fixed assets -€11,323
down €11,323 (-72.0%), from €15,730 to €4,406
of which Land and buildings: -€10,881
- Cash +€4,778
up €4,778 (+5.8%), from €81,723 to €86,501
mainly Depreciation (+€11,048) and Investment in fixed assets (net) (+€552)
- Profit (loss) carried forward -€110,844
down €110,844 (-100%), from €110,844 to €0
- Reserves +€107,368
up €107,368 (+5,772%), from €1,860 to €109,228
- Other debts -€2,022
down €2,022 (-41.0%), from €4,931 to €2,909
- Accrued charges and deferred income -€1,617
down €1,617 (-100%), from €1,617 to €0
- Gross operating margin -€6,892
down €6,892 (-40.5%), from €17,014 to €10,122
- Depreciation -€3,689
down €3,689 (-25.0%), from €14,737 to €11,048
- Financial charges +€3,489
up €3,489, from -€2,974 to €515
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 | €125,705 | €118,704 | -€7,001 | -5.6% |
| Fixed assets | 21/28 | €16,006 | €4,406 | -€11,600 | -72.5% |
| Tangible fixed assets | 22/27 | €15,730 | €4,406 | -€11,323 | -72.0% |
| Land and buildings | 22 | €14,594 | €3,713 | -€10,881 | -74.6% |
| Furniture and vehicles | 24 | €705 | €525 | -€180 | -25.5% |
| Other tangible fixed assets | 26 | €430 | €168 | -€262 | -61.0% |
| Financial fixed assets | 28 | €277 | €0 | -€277 | -100% |
| Current assets | 29/58 | €109,698 | €114,298 | +€4,599 | +4.2% |
| Amounts receivable within one year | 40/41 | €513 | €809 | +€296 | +57.6% |
| Trade receivables | 40 | €333 | €433 | +€100 | +30.0% |
| Other amounts receivable | 41 | €180 | €376 | +€196 | +108% |
| Current investments | 50/53 | €27,462 | €26,987 | -€475 | -1.7% |
| Cash at bank and in hand | 54/58 | €81,723 | €86,501 | +€4,778 | +5.8% |
| Total equity and liabilities | 10/49 | €125,705 | €118,704 | -€7,001 | -5.6% |
| Equity | 10/15 | €118,904 | €115,428 | -€3,476 | -2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €109,228 | +€107,368 | +5,772% |
| Distributable reserves | 133 | €1,860 | €109,228 | +€107,368 | +5,772% |
| Profit (loss) carried forward | 14 | €110,844 | €0 | -€110,844 | -100% |
| Amounts payable | 17/49 | €6,801 | €3,276 | -€3,525 | -51.8% |
| Amounts payable within one year | 42/48 | €5,184 | €3,276 | -€1,908 | -36.8% |
| Trade debts | 44 | €243 | €226 | -€17 | -7.0% |
| Suppliers | 440/4 | €243 | €226 | -€17 | -7.0% |
| Advances received on contracts in progress | 46 | - | €121 | +€121 | |
| Taxes, remuneration and social security | 45 | €10 | €20 | +€10 | +98.5% |
| Taxes | 450/3 | €10 | €20 | +€10 | +98.5% |
| Other amounts payable | 47/48 | €4,931 | €2,909 | -€2,022 | -41.0% |
| Accrued charges and deferred income | 492/3 | €1,617 | €0 | -€1,617 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,737 | €11,048 | -€3,689 | -25.0% |
| Other operating charges | 640/8 | €2,178 | €2,194 | +€15 | +0.7% |
| Non-recurring operating charges | 66A | - | €275 | +€275 | |
| Gross operating margin | 9900 | €17,014 | €10,122 | -€6,892 | -40.5% |
| Operating profit (loss) | 9901 | €99 | -€3,395 | -€3,494 | |
| Financial income | 75/76B | €271 | €434 | +€164 | +60.5% |
| Recurring financial income | 75 | €271 | €434 | +€164 | +60.5% |
| Financial charges | 65/66B | -€2,974 | €515 | +€3,489 | |
| Recurring financial charges | 65 | -€2,974 | €515 | +€3,489 | |
| Profit (loss) for the period before taxes | 9903 | €3,343 | -€3,476 | -€6,819 | |
| Profit (loss) for the period | 9904 | €3,343 | -€3,476 | -€6,819 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,343 | -€3,476 | -€6,819 |
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 13 October 2026 via checked.be.