ASECOM: 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.
ASECOM
Largest movements
- Tangible fixed assets -€101,266
down €101,266 (-100%), from €101,266 to €0
- Receivables within one year +€71,464
up €71,464 (+26,616%), from €269 to €71,733
of which Other amounts receivable: +€71,733
- Cash -€2,351
down €2,351 (-80.6%), from €2,917 to €567
mainly Debts after one year (-€79,225) and Receivables within one year (-€71,464)
- Debts after one year -€79,225
down €79,225 (-100%), from €79,225 to €0
- Reserves +€41,000
up €41,000 (+2,204%), from €1,860 to €42,860
of which Distributable reserves: +€41,000
- Profit (loss) carried forward +€27,273
up €27,273, from -€22,156 to €5,117
- Other debts -€15,485
down €15,485 (-100%), from €15,485 to €0
- Current portion of long-term debt -€11,273
down €11,273 (-100%), from €11,273 to €0
- Gross operating margin +€69,264
up €69,264 (+972%), from €7,129 to €76,393
- Depreciation -€10,029
down €10,029 (-100%), from €10,029 to €0
- Taxes +€4,100
up €4,100, from €0 to €4,100
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,843 | €72,299 | -€32,544 | -31.0% |
| Fixed assets | 21/28 | €101,266 | €0 | -€101,266 | -100% |
| Tangible fixed assets | 22/27 | €101,266 | €0 | -€101,266 | -100% |
| Land and buildings | 22 | €101,266 | €0 | -€101,266 | -100% |
| Current assets | 29/58 | €3,577 | €72,299 | +€68,723 | +1,921% |
| Amounts receivable within one year | 40/41 | €269 | €71,733 | +€71,464 | +26,616% |
| Trade receivables | 40 | €269 | €0 | -€269 | -100% |
| Other amounts receivable | 41 | - | €71,733 | +€71,733 | |
| Cash at bank and in hand | 54/58 | €2,917 | €567 | -€2,351 | -80.6% |
| Deferred charges and accrued income | 490/1 | €391 | €0 | -€391 | -100% |
| Total equity and liabilities | 10/49 | €104,843 | €72,299 | -€32,544 | -31.0% |
| Equity | 10/15 | -€1,696 | €66,577 | +€68,273 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €42,860 | +€41,000 | +2,204% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €41,000 | +€41,000 | |
| Profit (loss) carried forward | 14 | -€22,156 | €5,117 | +€27,273 | |
| Amounts payable | 17/49 | €106,539 | €5,722 | -€100,817 | -94.6% |
| Amounts payable after more than one year | 17 | €79,225 | €0 | -€79,225 | -100% |
| Financial debts | 170/4 | €79,225 | €0 | -€79,225 | -100% |
| Amounts payable within one year | 42/48 | €27,314 | €5,722 | -€21,592 | -79.0% |
| Current portion of amounts payable after more than one year | 42 | €11,273 | €0 | -€11,273 | -100% |
| Trade debts | 44 | €557 | €1,622 | +€1,066 | +192% |
| Suppliers | 440/4 | €557 | €1,622 | +€1,066 | +192% |
| Taxes, remuneration and social security | 45 | €0 | €4,100 | +€4,100 | |
| Taxes | 450/3 | €0 | €4,100 | +€4,100 | |
| Other amounts payable | 47/48 | €15,485 | €0 | -€15,485 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,029 | €0 | -€10,029 | -100% |
| Other operating charges | 640/8 | €677 | €1,090 | +€414 | +61.2% |
| Gross operating margin | 9900 | €7,129 | €76,393 | +€69,264 | +972% |
| Operating profit (loss) | 9901 | -€3,577 | €75,302 | +€78,879 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,229 | €2,929 | +€700 | +31.4% |
| Recurring financial charges | 65 | €2,229 | €2,929 | +€700 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,806 | €72,373 | +€78,179 | |
| Income taxes | 67/77 | €0 | €4,100 | +€4,100 | |
| Profit (loss) for the period | 9904 | -€5,806 | €68,273 | +€74,079 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,806 | €68,273 | +€74,079 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.