ACCENTO: 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.
ACCENTO
Largest movements
- Stocks and contracts +€142,681
up €142,681 (+78.6%), from €181,611 to €324,292
- Receivables within one year -€27,701
down €27,701 (-57.7%), from €48,010 to €20,309
of which Trade receivables: -€14,601
- Cash +€26,438
up €26,438 (+27.1%), from €97,387 to €123,825
mainly Net result for the year (+€83,990) and Receivables within one year (+€27,701)
- Tangible fixed assets -€9,428
down €9,428 (-29.5%), from €31,969 to €22,541
of which Plant, machinery and equipment: -€6,472
- Intangible fixed assets -€8,849
down €8,849 (-19.5%), from €45,297 to €36,448
- Profit (loss) carried forward +€83,990
up €83,990 (+46.8%), from -€179,571 to -€95,581
- Tax, wage and social debts +€20,341
up €20,341 (+51.9%), from €39,183 to €59,524
of which Remuneration and social security: +€15,516
- Trade debts +€13,487
up €13,487 (+10.2%), from €132,855 to €146,342
- Gross operating margin +€178,503
up €178,503 (+128.4%), from €138,970 to €317,473
- Financial income +€124,705
up €124,705 (+20054.6%), from €622 to €125,327
- Staff costs +€49,619
up €49,619 (+18.0%), from €275,452 to €325,072
- Other operating charges -€5,629
down €5,629 (-69.5%), from €8,096 to €2,467
- Financial charges -€3,295
down €3,295 (-23.9%), from €13,776 to €10,481
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 | €727,165 | €848,029 | +€120,863 | +16.6% |
| Fixed assets | 21/28 | €393,855 | €374,893 | -€18,962 | -4.8% |
| Intangible fixed assets | 21 | €45,297 | €36,448 | -€8,849 | -19.5% |
| Tangible fixed assets | 22/27 | €31,969 | €22,541 | -€9,428 | -29.5% |
| Plant, machinery and equipment | 23 | €21,984 | €15,512 | -€6,472 | -29.4% |
| Furniture and vehicles | 24 | €824 | €259 | -€566 | -68.6% |
| Other tangible fixed assets | 26 | €9,160 | €6,770 | -€2,390 | -26.1% |
| Financial fixed assets | 28 | €316,589 | €315,904 | -€685 | -0.2% |
| Current assets | 29/58 | €333,311 | €473,136 | +€139,825 | +42.0% |
| Stocks and contracts in progress | 3 | €181,611 | €324,292 | +€142,681 | +78.6% |
| Stocks | 30/36 | €181,611 | €324,292 | +€142,681 | +78.6% |
| Amounts receivable within one year | 40/41 | €48,010 | €20,309 | -€27,701 | -57.7% |
| Trade receivables | 40 | €32,160 | €17,558 | -€14,601 | -45.4% |
| Other amounts receivable | 41 | €15,850 | €2,751 | -€13,099 | -82.6% |
| Cash at bank and in hand | 54/58 | €97,387 | €123,825 | +€26,438 | +27.1% |
| Deferred charges and accrued income | 490/1 | €6,303 | €4,710 | -€1,593 | -25.3% |
| Total equity and liabilities | 10/49 | €727,165 | €848,029 | +€120,863 | +16.6% |
| Equity | 10/15 | €542,927 | €626,917 | +€83,990 | +15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €703,897 | €703,897 | = | 0.0% |
| Distributable reserves | 133 | €703,897 | €703,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€179,571 | -€95,581 | +€83,990 | +46.8% |
| Amounts payable | 17/49 | €184,239 | €221,112 | +€36,873 | +20.0% |
| Amounts payable within one year | 42/48 | €184,239 | €221,112 | +€36,873 | +20.0% |
| Financial debts | 43 | €10,732 | €12,000 | +€1,268 | +11.8% |
| Credit institutions | 430/8 | €10,732 | €12,000 | +€1,268 | +11.8% |
| Trade debts | 44 | €132,855 | €146,342 | +€13,487 | +10.2% |
| Suppliers | 440/4 | €132,855 | €146,342 | +€13,487 | +10.2% |
| Taxes, remuneration and social security | 45 | €39,183 | €59,524 | +€20,341 | +51.9% |
| Taxes | 450/3 | €18,336 | €23,160 | +€4,825 | +26.3% |
| Remuneration and social security | 454/9 | €20,847 | €36,364 | +€15,516 | +74.4% |
| Other amounts payable | 47/48 | €1,469 | €3,246 | +€1,777 | +121.0% |
| Remuneration, social security and pensions | 62 | €275,452 | €325,072 | +€49,619 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,724 | €20,526 | -€1,198 | -5.5% |
| Other operating charges | 640/8 | €8,096 | €2,467 | -€5,629 | -69.5% |
| Gross operating margin | 9900 | €138,970 | €317,473 | +€178,503 | +128.4% |
| Operating profit (loss) | 9901 | -€166,302 | -€30,591 | +€135,711 | +81.6% |
| Financial income | 75/76B | €622 | €125,327 | +€124,705 | +20054.6% |
| Recurring financial income | 75 | €622 | €125,327 | +€124,705 | +20054.6% |
| Financial charges | 65/66B | €13,776 | €10,481 | -€3,295 | -23.9% |
| Recurring financial charges | 65 | €13,776 | €10,481 | -€3,295 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€179,456 | €84,255 | +€263,711 | |
| Income taxes | 67/77 | €115 | €265 | +€150 | +130.6% |
| Profit (loss) for the period | 9904 | -€179,571 | €83,990 | +€263,561 | |
| Profit (loss) for the period to be appropriated | 9905 | -€179,571 | €83,990 | +€263,561 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.