Dr. ASR: 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.
Dr. ASR
Largest movements
- Cash +€30,804
up €30,804 (+5567.9%), from €553 to €31,358
mainly Net result for the year (+€21,009) and Tax, wage and social debts (+€6,488)
- Reserves +€21,009
up €21,009 (+1846.4%), from €1,138 to €22,147
- Tax, wage and social debts +€6,488
up €6,488 (+1184.5%), from €548 to €7,035
- Other debts +€3,523
up €3,523 (+76.7%), from €4,590 to €8,113
- Gross operating margin +€26,179
up €26,179 (+1550.9%), from €1,688 to €27,867
- Taxes +€5,940
up €5,940 (+1084.5%), from €548 to €6,488
- Other operating charges +€306
new in 2025: €306
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 | €11,713 | €42,571 | +€30,858 | +263.5% |
| Current assets | 29/58 | €11,713 | €42,571 | +€30,858 | +263.5% |
| Amounts receivable within one year | 40/41 | €11,160 | €11,090 | -€69 | -0.6% |
| Trade receivables | 40 | €11,160 | €11,090 | -€69 | -0.6% |
| Cash at bank and in hand | 54/58 | €553 | €31,358 | +€30,804 | +5567.9% |
| Deferred charges and accrued income | 490/1 | - | €123 | +€123 | |
| Total equity and liabilities | 10/49 | €11,713 | €42,571 | +€30,858 | +263.5% |
| Equity | 10/15 | €6,138 | €27,147 | +€21,009 | +342.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,138 | €22,147 | +€21,009 | +1846.4% |
| Distributable reserves | 133 | €1,138 | €22,147 | +€21,009 | +1846.4% |
| Amounts payable | 17/49 | €5,575 | €15,425 | +€9,850 | +176.7% |
| Amounts payable within one year | 42/48 | €5,575 | €15,425 | +€9,850 | +176.7% |
| Trade debts | 44 | €437 | €276 | -€160 | -36.7% |
| Suppliers | 440/4 | €437 | €276 | -€160 | -36.7% |
| Taxes, remuneration and social security | 45 | €548 | €7,035 | +€6,488 | +1184.5% |
| Taxes | 450/3 | €548 | €7,035 | +€6,488 | +1184.5% |
| Other amounts payable | 47/48 | €4,590 | €8,113 | +€3,523 | +76.7% |
| Other operating charges | 640/8 | - | €306 | +€306 | |
| Gross operating margin | 9900 | €1,688 | €27,867 | +€26,179 | +1550.9% |
| Operating profit (loss) | 9901 | €1,688 | €27,561 | +€25,873 | +1532.8% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €18 | €65 | +€48 | +271.4% |
| Recurring financial charges | 65 | €18 | €65 | +€48 | +271.4% |
| Profit (loss) for the period before taxes | 9903 | €1,686 | €27,496 | +€25,811 | +1531.3% |
| Income taxes | 67/77 | €548 | €6,488 | +€5,940 | +1084.5% |
| Profit (loss) for the period | 9904 | €1,138 | €21,009 | +€19,871 | +1746.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,138 | €21,009 | +€19,871 | +1746.4% |
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 4 October 2026 via checked.be.