ACC&T: 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.
ACC&T
Largest movements
- Receivables within one year +€31,065
up €31,065 (+484%), from €6,419 to €37,484
of which Trade receivables: +€33,910
- Current investments +€15,272
up €15,272 (+10.2%), from €149,112 to €164,383
- Cash -€4,635
down €4,635 (-2.4%), from €189,637 to €185,002
mainly Receivables within one year (-€31,065) and Other debts (-€25,573)
- Reserves +€70,617
up €70,617 (+24.3%), from €290,371 to €360,987
- Other debts -€25,573
down €25,573 (-63.4%), from €40,314 to €14,740
- Accrued charges and deferred income -€20,676
down €20,676 (-78.6%), from €26,293 to €5,616
- Tax, wage and social debts +€18,670
up €18,670 (+1,641%), from €1,138 to €19,808
- Gross operating margin +€56,264
up €56,264 (+140%), from €40,084 to €96,348
- Taxes +€20,402
up €20,402 (+174%), from €11,720 to €32,122
- Financial income +€2,841
up €2,841 (+36.8%), from €7,711 to €10,551
- Financial charges +€1,213
up €1,213 (+110%), from €1,103 to €2,316
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 | €382,803 | €422,382 | +€39,579 | +10.3% |
| Fixed assets | 21/28 | €31,043 | €29,792 | -€1,252 | -4.0% |
| Tangible fixed assets | 22/27 | €31,018 | €29,767 | -€1,252 | -4.0% |
| Plant, machinery and equipment | 23 | €403 | €176 | -€227 | -56.3% |
| Furniture and vehicles | 24 | €29,283 | €28,642 | -€641 | -2.2% |
| Other tangible fixed assets | 26 | €1,332 | €949 | -€383 | -28.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €351,759 | €392,590 | +€40,831 | +11.6% |
| Amounts receivable within one year | 40/41 | €6,419 | €37,484 | +€31,065 | +484% |
| Trade receivables | 40 | €3,574 | €37,484 | +€33,910 | +949% |
| Other amounts receivable | 41 | €2,844 | - | -€2,844 | |
| Current investments | 50/53 | €149,112 | €164,383 | +€15,272 | +10.2% |
| Cash at bank and in hand | 54/58 | €189,637 | €185,002 | -€4,635 | -2.4% |
| Deferred charges and accrued income | 490/1 | €6,592 | €5,721 | -€872 | -13.2% |
| Total equity and liabilities | 10/49 | €382,803 | €422,382 | +€39,579 | +10.3% |
| Equity | 10/15 | €308,971 | €379,587 | +€70,617 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,371 | €360,987 | +€70,617 | +24.3% |
| Distributable reserves | 133 | €290,371 | €360,987 | +€70,617 | +24.3% |
| Amounts payable | 17/49 | €73,832 | €42,795 | -€31,038 | -42.0% |
| Amounts payable within one year | 42/48 | €47,539 | €37,178 | -€10,361 | -21.8% |
| Trade debts | 44 | €2,581 | €2,630 | +€49 | +1.9% |
| Suppliers | 440/4 | €2,581 | €2,630 | +€49 | +1.9% |
| Advances received on contracts in progress | 46 | €3,508 | - | -€3,508 | |
| Taxes, remuneration and social security | 45 | €1,138 | €19,808 | +€18,670 | +1,641% |
| Taxes | 450/3 | €1,138 | €19,808 | +€18,670 | +1,641% |
| Other amounts payable | 47/48 | €40,314 | €14,740 | -€25,573 | -63.4% |
| Accrued charges and deferred income | 492/3 | €26,293 | €5,616 | -€20,676 | -78.6% |
| Non-recurring operating income | 76A | €10,860 | - | -€10,860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €1,252 | +€587 | +88.3% |
| Other operating charges | 640/8 | €813 | €593 | -€220 | -27.0% |
| Gross operating margin | 9900 | €40,084 | €96,348 | +€56,264 | +140% |
| Operating profit (loss) | 9901 | €38,606 | €94,503 | +€55,897 | +145% |
| Financial income | 75/76B | €7,711 | €10,551 | +€2,841 | +36.8% |
| Recurring financial income | 75 | €7,711 | €10,551 | +€2,841 | +36.8% |
| Financial charges | 65/66B | €1,103 | €2,316 | +€1,213 | +110% |
| Recurring financial charges | 65 | €1,103 | €2,316 | +€1,213 | +110% |
| Profit (loss) for the period before taxes | 9903 | €45,214 | €102,739 | +€57,525 | +127% |
| Income taxes | 67/77 | €11,720 | €32,122 | +€20,402 | +174% |
| Profit (loss) for the period | 9904 | €33,494 | €70,617 | +€37,123 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €33,494 | €70,617 | +€37,123 | +111% |
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.