VAN ASSCHE MIA: 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.
VAN ASSCHE MIA
Largest movements
- Receivables within one year +€94,939
up €94,939 (+110%), from €86,333 to €181,271
- Cash +€69,045
up €69,045 (+7.0%), from €986,012 to €1.1m
mainly Net result for the year (+€232,372) and Depreciation (+€6,438)
- Reserves +€232,372
up €232,372 (+19.1%), from €1.2m to €1.4m
- Other debts -€68,595
down €68,595 (-28.6%), from €240,217 to €171,622
- Gross operating margin -€32,331
down €32,331 (-8.9%), from €364,830 to €332,499
- Taxes -€10,458
down €10,458 (-9.1%), from €114,778 to €104,320
- Financial income -€9,999
down €9,999 (-43.9%), from €22,792 to €12,793
of which Non-recurring financial income: -€13,017
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 | €1,535,349 | €1,691,342 | +€155,994 | +10.2% |
| Fixed assets | 21/28 | €17,240 | €11,389 | -€5,851 | -33.9% |
| Tangible fixed assets | 22/27 | €17,240 | €11,389 | -€5,851 | -33.9% |
| Land and buildings | 22 | - | €542 | +€542 | |
| Plant, machinery and equipment | 23 | €3,754 | €2,047 | -€1,707 | -45.5% |
| Furniture and vehicles | 24 | €13,486 | €8,800 | -€4,686 | -34.7% |
| Current assets | 29/58 | €1,518,109 | €1,679,953 | +€161,844 | +10.7% |
| Amounts receivable within one year | 40/41 | €86,333 | €181,271 | +€94,939 | +110% |
| Other amounts receivable | 41 | €86,333 | €181,271 | +€94,939 | +110% |
| Current investments | 50/53 | €410,950 | €411,009 | +€59 | 0.0% |
| Cash at bank and in hand | 54/58 | €986,012 | €1,055,057 | +€69,045 | +7.0% |
| Deferred charges and accrued income | 490/1 | €34,814 | €32,615 | -€2,198 | -6.3% |
| Total equity and liabilities | 10/49 | €1,535,349 | €1,691,342 | +€155,994 | +10.2% |
| Equity | 10/15 | €1,251,444 | €1,483,816 | +€232,372 | +18.6% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Reserves | 13 | €1,214,444 | €1,446,816 | +€232,372 | +19.1% |
| Distributable reserves | 133 | €1,214,444 | €1,446,816 | +€232,372 | +19.1% |
| Amounts payable | 17/49 | €283,904 | €207,526 | -€76,378 | -26.9% |
| Amounts payable within one year | 42/48 | €283,904 | €207,526 | -€76,378 | -26.9% |
| Trade debts | 44 | €58 | €874 | +€816 | +1,403% |
| Suppliers | 440/4 | €58 | €874 | +€816 | +1,403% |
| Taxes, remuneration and social security | 45 | €43,629 | €35,030 | -€8,599 | -19.7% |
| Taxes | 450/3 | €41,392 | €32,773 | -€8,619 | -20.8% |
| Remuneration and social security | 454/9 | €2,237 | €2,257 | +€20 | +0.9% |
| Other amounts payable | 47/48 | €240,217 | €171,622 | -€68,595 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,704 | €6,438 | -€266 | -4.0% |
| Other operating charges | 640/8 | €1,417 | €2,026 | +€609 | +43.0% |
| Gross operating margin | 9900 | €364,830 | €332,499 | -€32,331 | -8.9% |
| Operating profit (loss) | 9901 | €356,710 | €324,036 | -€32,674 | -9.2% |
| Financial income | 75/76B | €22,792 | €12,793 | -€9,999 | -43.9% |
| Recurring financial income | 75 | €9,776 | €12,793 | +€3,017 | +30.9% |
| Non-recurring financial income | 76B | €13,017 | - | -€13,017 | |
| Financial charges | 65/66B | €259 | €137 | -€121 | -47.0% |
| Recurring financial charges | 65 | €259 | €137 | -€121 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €379,243 | €336,692 | -€42,551 | -11.2% |
| Income taxes | 67/77 | €114,778 | €104,320 | -€10,458 | -9.1% |
| Profit (loss) for the period | 9904 | €264,466 | €232,372 | -€32,094 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €264,466 | €232,372 | -€32,094 | -12.1% |
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.