ASATECH: 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.
ASATECH
Largest movements
- Receivables within one year +€22,866
up €22,866 (+81.1%), from €28,195 to €51,061
of which Other amounts receivable: +€11,951
- Cash -€19,033
down €19,033 (-11.0%), from €172,470 to €153,437
mainly Receivables within one year (-€22,866) and Tax, wage and social debts (-€20,950)
- Tangible fixed assets -€10,132
down €10,132 (-32.5%), from €31,185 to €21,053
of which Furniture and vehicles: -€8,567
- Reserves +€21,178
up €21,178 (+11.7%), from €180,598 to €201,776
- Tax, wage and social debts -€20,950
down €20,950 (-84.2%), from €24,896 to €3,946
of which Taxes: -€21,063
- Debts after one year -€8,398
no longer reported in 2025 (was €8,398)
- Trade debts +€4,313
up €4,313 (+61.4%), from €7,024 to €11,337
- Gross operating margin -€52,457
down €52,457 (-57.0%), from €92,047 to €39,591
- Taxes -€13,820
down €13,820 (-70.5%), from €19,601 to €5,781
- Depreciation -€1,871
down €1,871 (-14.6%), from €12,858 to €10,987
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 | €233,807 | €229,063 | -€4,744 | -2.0% |
| Formation expenses | 20 | €634 | €250 | -€385 | -60.7% |
| Fixed assets | 21/28 | €31,185 | €23,353 | -€7,832 | -25.1% |
| Intangible fixed assets | 21 | - | €2,300 | +€2,300 | |
| Tangible fixed assets | 22/27 | €31,185 | €21,053 | -€10,132 | -32.5% |
| Land and buildings | 22 | €6,707 | €5,557 | -€1,150 | -17.1% |
| Plant, machinery and equipment | 23 | €776 | €362 | -€415 | -53.4% |
| Furniture and vehicles | 24 | €23,702 | €15,135 | -€8,567 | -36.1% |
| Current assets | 29/58 | €201,987 | €205,460 | +€3,473 | +1.7% |
| Stocks and contracts in progress | 3 | €115 | €135 | +€20 | +17.4% |
| Stocks | 30/36 | €115 | €135 | +€20 | +17.4% |
| Amounts receivable within one year | 40/41 | €28,195 | €51,061 | +€22,866 | +81.1% |
| Trade receivables | 40 | €28,195 | €39,110 | +€10,915 | +38.7% |
| Other amounts receivable | 41 | - | €11,951 | +€11,951 | |
| Cash at bank and in hand | 54/58 | €172,470 | €153,437 | -€19,033 | -11.0% |
| Deferred charges and accrued income | 490/1 | €1,208 | €827 | -€380 | -31.5% |
| Total equity and liabilities | 10/49 | €233,807 | €229,063 | -€4,744 | -2.0% |
| Equity | 10/15 | €183,598 | €204,776 | +€21,178 | +11.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €180,598 | €201,776 | +€21,178 | +11.7% |
| Distributable reserves | 133 | €180,598 | €201,776 | +€21,178 | +11.7% |
| Amounts payable | 17/49 | €50,209 | €24,287 | -€25,922 | -51.6% |
| Amounts payable after more than one year | 17 | €8,398 | - | -€8,398 | |
| Financial debts | 170/4 | €8,398 | - | -€8,398 | |
| Amounts payable within one year | 42/48 | €41,812 | €24,287 | -€17,525 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €9,616 | €8,398 | -€1,218 | -12.7% |
| Trade debts | 44 | €7,024 | €11,337 | +€4,313 | +61.4% |
| Suppliers | 440/4 | €7,024 | €11,337 | +€4,313 | +61.4% |
| Taxes, remuneration and social security | 45 | €24,896 | €3,946 | -€20,950 | -84.2% |
| Taxes | 450/3 | €21,063 | - | -€21,063 | |
| Remuneration and social security | 454/9 | €3,833 | €3,946 | +€113 | +3.0% |
| Other amounts payable | 47/48 | €276 | €607 | +€331 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,858 | €10,987 | -€1,871 | -14.6% |
| Other operating charges | 640/8 | €858 | €724 | -€134 | -15.6% |
| Gross operating margin | 9900 | €92,047 | €39,591 | -€52,457 | -57.0% |
| Operating profit (loss) | 9901 | €78,331 | €27,880 | -€50,451 | -64.4% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €1,351 | €941 | -€410 | -30.3% |
| Recurring financial charges | 65 | €1,351 | €941 | -€410 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €76,980 | €26,960 | -€50,021 | -65.0% |
| Income taxes | 67/77 | €19,601 | €5,781 | -€13,820 | -70.5% |
| Profit (loss) for the period | 9904 | €57,379 | €21,178 | -€36,201 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,379 | €21,178 | -€36,201 | -63.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.