ASW SERVICES: 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.
ASW SERVICES
Largest movements
- Tangible fixed assets +€6,754
up €6,754 (+53.5%), from €12,613 to €19,367
- Cash +€5,341
up €5,341 (+217.1%), from €2,460 to €7,801
mainly Trade debts (+€8,710) and Net result for the year (+€4,836)
- Receivables within one year +€2,371
up €2,371 (+72.4%), from €3,277 to €5,648
of which Trade receivables: +€1,507
- Trade debts +€8,710
up €8,710 (+176.3%), from €4,940 to €13,650
- Profit (loss) carried forward +€4,836
up €4,836 (+148.4%), from €3,260 to €8,096
- Tax, wage and social debts +€920
new in 2025: €920
- Turnover +€49,415
up €49,415 (+57.5%), from €85,929 to €135,344
- Purchases and services +€39,943
up €39,943 (+52.1%), from €76,705 to €116,648
- Other operating charges +€9,894
up €9,894 (+859.5%), from €1,151 to €11,045
- Gross operating margin +€8,534
up €8,534 (+84.0%), from €10,163 to €18,696
- Depreciation -€3,580
down €3,580 (-63.2%), from €5,666 to €2,086
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 | €18,350 | €32,816 | +€14,466 | +78.8% |
| Fixed assets | 21/28 | €12,613 | €19,367 | +€6,754 | +53.5% |
| Tangible fixed assets | 22/27 | €12,613 | €19,367 | +€6,754 | +53.5% |
| Furniture and vehicles | 24 | €12,613 | €19,367 | +€6,754 | +53.5% |
| Current assets | 29/58 | €5,737 | €13,449 | +€7,712 | +134.4% |
| Amounts receivable within one year | 40/41 | €3,277 | €5,648 | +€2,371 | +72.4% |
| Trade receivables | 40 | €2,766 | €4,273 | +€1,507 | +54.5% |
| Other amounts receivable | 41 | €511 | €1,376 | +€865 | +169.3% |
| Cash at bank and in hand | 54/58 | €2,460 | €7,801 | +€5,341 | +217.1% |
| Total equity and liabilities | 10/49 | €18,350 | €32,816 | +€14,466 | +78.8% |
| Equity | 10/15 | €3,260 | €8,096 | +€4,836 | +148.4% |
| Profit (loss) carried forward | 14 | €3,260 | €8,096 | +€4,836 | +148.4% |
| Amounts payable | 17/49 | €15,090 | €24,720 | +€9,630 | +63.8% |
| Amounts payable within one year | 42/48 | €15,090 | €24,720 | +€9,630 | +63.8% |
| Trade debts | 44 | €4,940 | €13,650 | +€8,710 | +176.3% |
| Suppliers | 440/4 | €4,940 | €13,650 | +€8,710 | +176.3% |
| Taxes, remuneration and social security | 45 | - | €920 | +€920 | |
| Remuneration and social security | 454/9 | - | €920 | +€920 | |
| Other amounts payable | 47/48 | €10,150 | €10,150 | = | 0.0% |
| Turnover | 70 | €85,929 | €135,344 | +€49,415 | +57.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €76,705 | €116,648 | +€39,943 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,666 | €2,086 | -€3,580 | -63.2% |
| Other operating charges | 640/8 | €1,151 | €11,045 | +€9,894 | +859.5% |
| Gross operating margin | 9900 | €10,163 | €18,696 | +€8,534 | +84.0% |
| Operating profit (loss) | 9901 | €3,345 | €5,565 | +€2,220 | +66.3% |
| Financial charges | 65/66B | €86 | €66 | -€20 | -22.9% |
| Recurring financial charges | 65 | €86 | €66 | -€20 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €3,260 | €5,499 | +€2,239 | +68.7% |
| Income taxes | 67/77 | - | €663 | +€663 | |
| Profit (loss) for the period | 9904 | €3,260 | €4,836 | +€1,577 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,260 | €4,836 | +€1,577 | +48.4% |
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.