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Accadia: 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.

What changed

Accadia

BE 0406.856.503
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,143
2024 · €21,687-€11,544
Equity
€122,279
2024 · €112,136+€10,143
Cash
€132,904
2024 · €151,868-€18,964
Balance sheet total
€1.8m
2024 · €1.8m-€50,403

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€31,769

    down €31,769 (-1.9%), from €1.7m to €1.7m

  • Cash -€18,964

    down €18,964 (-12.5%), from €151,868 to €132,904

    mainly Other debts (-€55,761) and Investment in fixed assets (net) (-€9,795)

Equity and liabilities
  • Other debts -€55,761

    down €55,761 (-3.5%), from €1.6m to €1.5m

  • Profit (loss) carried forward +€24,206

    up €24,206 (+10.4%), from -€232,381 to -€208,175

Income statement
  • Gross operating margin -€23,516

    down €23,516 (-30.2%), from €77,962 to €54,447

  • Depreciation -€12,274

    down €12,274 (-22.8%), from €53,838 to €41,564

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €21,687
Gross operating margin -€23,516
Depreciation +€12,274
Other operating charges -€471
Financial income -€6
Financial charges -€133
Taxes +€308
Result 2025 €10,143

Cash bridge derived

cash 2024 to 2025

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.

From operations -€9,169
Investment -€9,795
Financing €0
Cash 2024 €151,868
Net result for the year +€10,143
Depreciation +€41,564
Receivables within one year -€304
Smaller working-capital items -€70
Provisions -€7,241
Tax, wage and social debts -€300
Other debts -€55,761
Accrued charges and deferred income +€2,800
Investment in fixed assets (net) -€9,795
Cash 2025 €132,904
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,842,302 €1,791,899 -€50,403 -2.7%
Fixed assets 21/28 €1,683,588 €1,651,819 -€31,769 -1.9%
Tangible fixed assets 22/27 €1,683,588 €1,651,819 -€31,769 -1.9%
Land and buildings 22 €1,683,588 €1,651,819 -€31,769 -1.9%
Current assets 29/58 €158,714 €140,080 -€18,634 -11.7%
Amounts receivable within one year 40/41 €6,713 €7,016 +€304 +4.5%
Other amounts receivable 41 €6,713 €7,016 +€304 +4.5%
Cash at bank and in hand 54/58 €151,868 €132,904 -€18,964 -12.5%
Deferred charges and accrued income 490/1 €133 €160 +€27 +20.0%
Total equity and liabilities 10/49 €1,842,302 €1,791,899 -€50,403 -2.7%
Equity 10/15 €112,136 €122,279 +€10,143 +9.0%
Contributions 10/11 €67,675 €67,675 = 0.0%
Capital 10 €67,675 €67,675 = 0.0%
Issued capital 100 €67,675 €67,675 = 0.0%
Reserves 13 €276,842 €262,779 -€14,063 -5.1%
Non-distributable reserves 130/1 €4,958 €4,958 = 0.0%
Legal reserve 130 €4,958 €4,958 = 0.0%
Tax-exempt reserves 132 €271,884 €257,821 -€14,063 -5.2%
Profit (loss) carried forward 14 -€232,381 -€208,175 +€24,206 +10.4%
Provisions and deferred taxes 16 €139,999 €132,758 -€7,241 -5.2%
Deferred taxes 168 €139,999 €132,758 -€7,241 -5.2%
Amounts payable 17/49 €1,590,167 €1,536,862 -€53,305 -3.4%
Amounts payable within one year 42/48 €1,590,167 €1,534,062 -€56,105 -3.5%
Trade debts 44 €44 - -€44
Suppliers 440/4 €44 - -€44
Taxes, remuneration and social security 45 €300 - -€300
Taxes 450/3 €300 - -€300
Other amounts payable 47/48 €1,589,823 €1,534,062 -€55,761 -3.5%
Accrued charges and deferred income 492/3 - €2,800 +€2,800
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €53,838 €41,564 -€12,274 -22.8%
Other operating charges 640/8 €9,139 €9,610 +€471 +5.2%
Gross operating margin 9900 €77,962 €54,447 -€23,516 -30.2%
Operating profit (loss) 9901 €14,986 €3,273 -€11,713 -78.2%
Financial income 75/76B €6 - -€6
Recurring financial income 75 €6 - -€6
Financial charges 65/66B €235 €367 +€133 +56.5%
Recurring financial charges 65 €235 €367 +€133 +56.5%
Profit (loss) for the period before taxes 9903 €14,757 €2,905 -€11,852 -80.3%
Transfer from deferred taxes 780 €7,241 €7,241 = 0.0%
Income taxes 67/77 €312 €4 -€308 -98.9%
Profit (loss) for the period 9904 €21,687 €10,143 -€11,544 -53.2%
Transfer from tax-exempt reserves 789 €14,063 €14,063 = 0.0%
Profit (loss) for the period to be appropriated 9905 €35,750 €24,206 -€11,544 -32.3%

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 28 September 2026 via checked.be.