ACCELERATE IT: 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.
ACCELERATE IT
Largest movements
- Tangible fixed assets -€8,110
down €8,110 (-25.4%), from €31,948 to €23,837
of which Furniture and vehicles: -€4,140
- Receivables within one year -€7,724
down €7,724 (-53.3%), from €14,492 to €6,768
- Cash +€3,801
up €3,801 (+94.9%), from €4,005 to €7,806
mainly Depreciation (+€8,110) and Receivables within one year (+€7,724)
- Profit (loss) carried forward -€11,840
down €11,840 (-42.4%), from €27,903 to €16,063
- Gross operating margin -€36,666
down €36,666, from €33,553 to -€3,113
- Taxes -€6,096
down €6,096 (-99.6%), from €6,123 to €26
- Depreciation +€1,616
up €1,616 (+24.9%), from €6,494 to €8,110
- Other operating charges -€1,005
down €1,005 (-62.1%), from €1,618 to €613
- Financial income -€342
down €342 (-68.4%), from €500 to €158
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 | €50,530 | €38,557 | -€11,973 | -23.7% |
| Fixed assets | 21/28 | €31,948 | €23,837 | -€8,110 | -25.4% |
| Tangible fixed assets | 22/27 | €31,948 | €23,837 | -€8,110 | -25.4% |
| Plant, machinery and equipment | 23 | €16,210 | €12,240 | -€3,970 | -24.5% |
| Furniture and vehicles | 24 | €15,738 | €11,597 | -€4,140 | -26.3% |
| Current assets | 29/58 | €18,583 | €14,720 | -€3,863 | -20.8% |
| Amounts receivable within one year | 40/41 | €14,492 | €6,768 | -€7,724 | -53.3% |
| Other amounts receivable | 41 | €14,492 | €6,768 | -€7,724 | -53.3% |
| Cash at bank and in hand | 54/58 | €4,005 | €7,806 | +€3,801 | +94.9% |
| Deferred charges and accrued income | 490/1 | €86 | €146 | +€61 | +70.7% |
| Total equity and liabilities | 10/49 | €50,530 | €38,557 | -€11,973 | -23.7% |
| Equity | 10/15 | €48,872 | €37,033 | -€11,840 | -24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,370 | €2,370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €510 | €510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,903 | €16,063 | -€11,840 | -42.4% |
| Amounts payable | 17/49 | €1,658 | €1,525 | -€133 | -8.0% |
| Amounts payable within one year | 42/48 | €1,658 | €1,525 | -€133 | -8.0% |
| Trade debts | 44 | €1,658 | €1,525 | -€133 | -8.0% |
| Suppliers | 440/4 | €1,658 | €1,525 | -€133 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,494 | €8,110 | +€1,616 | +24.9% |
| Other operating charges | 640/8 | €1,618 | €613 | -€1,005 | -62.1% |
| Gross operating margin | 9900 | €33,553 | -€3,113 | -€36,666 | |
| Operating profit (loss) | 9901 | €25,440 | -€11,837 | -€37,277 | |
| Financial income | 75/76B | €500 | €158 | -€342 | -68.4% |
| Recurring financial income | 75 | €500 | €158 | -€342 | -68.4% |
| Financial charges | 65/66B | €29 | €135 | +€106 | +364.8% |
| Recurring financial charges | 65 | €29 | €135 | +€106 | +364.8% |
| Profit (loss) for the period before taxes | 9903 | €25,911 | -€11,813 | -€37,725 | |
| Income taxes | 67/77 | €6,123 | €26 | -€6,096 | -99.6% |
| Profit (loss) for the period | 9904 | €19,789 | -€11,840 | -€31,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,789 | -€11,840 | -€31,629 |
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 5 October 2026 via checked.be.