ACCELERATIO: 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.
ACCELERATIO
Largest movements
- Receivables within one year +€59,206
up €59,206 (+43.8%), from €135,301 to €194,507
of which Other amounts receivable: +€92,962
- Cash +€17,578
up €17,578 (+1065.5%), from €1,650 to €19,227
mainly Net result for the year (+€40,483) and Other debts (+€36,929)
- Profit (loss) carried forward +€40,483
up €40,483 (+112.1%), from €36,110 to €76,593
- Other debts +€36,929
up €36,929 (+34.7%), from €106,385 to €143,313
- Trade debts -€4,721
down €4,721 (-35.8%), from €13,204 to €8,483
- Contributions +€3,000
new in 2025: €3,000
- Gross operating margin +€35,692
up €35,692 (+144.4%), from €24,716 to €60,408
- Taxes +€7,008
up €7,008 (+116.2%), from €6,030 to €13,038
- Other operating charges +€3,778
up €3,778 (+975.4%), from €387 to €4,165
- Depreciation +€962
up €962 (+64.5%), from €1,491 to €2,453
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 | €161,549 | €239,195 | +€77,646 | +48.1% |
| Fixed assets | 21/28 | €24,599 | €23,957 | -€641 | -2.6% |
| Tangible fixed assets | 22/27 | €14,599 | €13,957 | -€641 | -4.4% |
| Furniture and vehicles | 24 | €960 | €1,757 | +€798 | +83.1% |
| Other tangible fixed assets | 26 | €13,639 | €12,200 | -€1,439 | -10.6% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €136,950 | €215,238 | +€78,288 | +57.2% |
| Amounts receivable within one year | 40/41 | €135,301 | €194,507 | +€59,206 | +43.8% |
| Trade receivables | 40 | €53,551 | €19,795 | -€33,756 | -63.0% |
| Other amounts receivable | 41 | €81,750 | €174,712 | +€92,962 | +113.7% |
| Cash at bank and in hand | 54/58 | €1,650 | €19,227 | +€17,578 | +1065.5% |
| Deferred charges and accrued income | 490/1 | - | €1,504 | +€1,504 | |
| Total equity and liabilities | 10/49 | €161,549 | €239,195 | +€77,646 | +48.1% |
| Equity | 10/15 | €36,110 | €79,593 | +€43,483 | +120.4% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €36,110 | €76,593 | +€40,483 | +112.1% |
| Amounts payable | 17/49 | €125,439 | €159,603 | +€34,164 | +27.2% |
| Amounts payable within one year | 42/48 | €125,439 | €159,603 | +€34,164 | +27.2% |
| Trade debts | 44 | €13,204 | €8,483 | -€4,721 | -35.8% |
| Suppliers | 440/4 | €13,204 | €8,483 | -€4,721 | -35.8% |
| Taxes, remuneration and social security | 45 | €5,850 | €7,807 | +€1,956 | +33.4% |
| Taxes | 450/3 | €5,850 | €7,807 | +€1,956 | +33.4% |
| Other amounts payable | 47/48 | €106,385 | €143,313 | +€36,929 | +34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,491 | €2,453 | +€962 | +64.5% |
| Other operating charges | 640/8 | €387 | €4,165 | +€3,778 | +975.4% |
| Gross operating margin | 9900 | €24,716 | €60,408 | +€35,692 | +144.4% |
| Operating profit (loss) | 9901 | €22,837 | €53,789 | +€30,952 | +135.5% |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €137 | €321 | +€184 | +133.7% |
| Recurring financial charges | 65 | €137 | €321 | +€184 | +133.7% |
| Profit (loss) for the period before taxes | 9903 | €22,699 | €53,520 | +€30,821 | +135.8% |
| Income taxes | 67/77 | €6,030 | €13,038 | +€7,008 | +116.2% |
| Profit (loss) for the period | 9904 | €16,670 | €40,483 | +€23,813 | +142.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,670 | €40,483 | +€23,813 | +142.9% |
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 11 October 2026 via checked.be.