FONDATION ASTRALIS: 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.
What changed
FONDATION ASTRALIS
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€54,784
2024 · €164,859-€219,643
Equity
€1.6m
2024 · €1.7m-€54,784
Cash
€166,100
2024 · €188,389-€22,288
Balance sheet total
€8.6m
2024 · €10.1m-€1.5m
Largest movements
Assets
- Deferred charges and accrued income -€1.6m
down €1.6m (-31.0%), from €5.0m to €3.5m
- Receivables after one year +€222,500
up €222,500 (+15.0%), from €1.5m to €1.7m
- Current investments -€200,000
down €200,000 (-15.4%), from €1.3m to €1.1m
Equity and liabilities
- Debts after one year -€1.6m
down €1.6m (-55.6%), from €2.8m to €1.3m
- Accrued charges and deferred income +€110,285
up €110,285 (+2.7%), from €4.1m to €4.2m
Income statement
- Gross operating margin -€150,867
down €150,867 (-8.7%), from €1.7m to €1.6m
- Other operating charges +€33,000
up €33,000 (+2.1%), from €1.6m to €1.6m
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.
Result 2024
€164,859
Gross operating margin
-€150,867
Depreciation
+€117
Other operating charges
-€33,000
Other operating items
-€28,473
Financial income
-€7,435
Financial charges
+€16
Result 2025
-€54,784
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.4m
Investment
+€198,330
Financing
-€1.6m
Cash 2024
€188,389
From operations (derived)
+€1.4m
Net result for the year
-€54,784
Depreciation
+€383
Receivables after one year
-€222,500
Receivables within one year
-€13,454
Deferred charges and accrued income
+€1.6m
Debts within one year
-€21,168
Accrued charges and deferred income
+€110,285
Investment (derived)
+€198,330
Investment in fixed assets (net)
-€1,670
Current investments
+€200,000
Financing
-€1.6m
Debts after one year
-€1.6m
Cash 2025
€166,100
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,144,244 | €8,605,577 | -€1.5m | -15.2% |
| Fixed assets | 21/28 | €1,100 | €2,387 | +€1,287 | +117% |
| Tangible fixed assets | 22/27 | - | €1,287 | +€1,287 | |
| Furniture and vehicles | 24 | - | €1,287 | +€1,287 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €10,143,144 | €8,603,190 | -€1.5m | -15.2% |
| Amounts receivable after more than one year | 29 | €1,481,750 | €1,704,250 | +€222,500 | +15.0% |
| Other amounts receivable | 291 | €1,481,750 | €1,704,250 | +€222,500 | +15.0% |
| Amounts receivable within one year | 40/41 | €2,157,483 | €2,170,937 | +€13,454 | +0.6% |
| Other amounts receivable | 41 | €2,157,483 | €2,170,937 | +€13,454 | +0.6% |
| Current investments | 50/53 | €1,300,000 | €1,100,000 | -€200,000 | -15.4% |
| Cash at bank and in hand | 54/58 | €188,389 | €166,100 | -€22,288 | -11.8% |
| Deferred charges and accrued income | 490/1 | €5,015,522 | €3,461,903 | -€1.6m | -31.0% |
| Total equity and liabilities | 10/49 | €10,144,244 | €8,605,577 | -€1.5m | -15.2% |
| Equity | 10/15 | €1,658,551 | €1,603,767 | -€54,784 | -3.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,639,551 | €1,584,767 | -€54,784 | -3.3% |
| Amounts payable | 17/49 | €8,485,693 | €7,001,810 | -€1.5m | -17.5% |
| Amounts payable after more than one year | 17 | €2,828,000 | €1,255,000 | -€1.6m | -55.6% |
| Other amounts payable | 178/9 | €2,828,000 | €1,255,000 | -€1.6m | -55.6% |
| Amounts payable within one year | 42/48 | €1,554,943 | €1,533,775 | -€21,168 | -1.4% |
| Trade debts | 44 | €1,943 | €5,775 | +€3,832 | +197% |
| Suppliers | 440/4 | €1,943 | €5,775 | +€3,832 | +197% |
| Accrued charges and deferred income | 492/3 | €4,102,750 | €4,213,035 | +€110,285 | +2.7% |
| Non-recurring operating income | 76A | €53,002 | €28,608 | -€24,394 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €383 | -€117 | -23.4% |
| Other operating charges | 640/8 | €1,578,000 | €1,611,000 | +€33,000 | +2.1% |
| Non-recurring operating charges | 66A | - | €28,473 | +€28,473 | |
| Gross operating margin | 9900 | €1,727,328 | €1,576,461 | -€150,867 | -8.7% |
| Operating profit (loss) | 9901 | €148,829 | -€63,395 | -€212,224 | |
| Financial income | 75/76B | €16,167 | €8,732 | -€7,435 | -46.0% |
| Recurring financial income | 75 | €16,167 | €8,692 | -€7,475 | -46.2% |
| Non-recurring financial income | 76B | - | €40 | +€40 | |
| Financial charges | 65/66B | €136 | €120 | -€16 | -11.6% |
| Recurring financial charges | 65 | €136 | €120 | -€16 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €164,859 | -€54,784 | -€219,643 | |
| Profit (loss) for the period | 9904 | €164,859 | -€54,784 | -€219,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €164,859 | -€54,784 | -€219,643 |
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.