ACCESS ESTATE: 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.
ACCESS ESTATE
Largest movements
- Receivables within one year +€96,545
up €96,545 (+52.1%), from €185,242 to €281,786
of which Trade receivables: +€89,798
- Deferred charges and accrued income -€27,451
down €27,451 (-77.8%), from €35,293 to €7,842
- Cash +€19,087
up €19,087 (+3,228%), from €591 to €19,679
mainly Net result for the year (+€158,696) and Deferred charges and accrued income (+€27,451)
- Intangible fixed assets +€4,655
up €4,655 (+34.5%), from €13,501 to €18,156
- Profit (loss) carried forward +€158,696
up €158,696 (+57.5%), from -€276,133 to -€117,437
- Tax, wage and social debts -€37,714
down €37,714 (-74.6%), from €50,556 to €12,843
of which Taxes: -€23,417
- Short-term financial debts -€13,785
down €13,785 (-27.6%), from €50,000 to €36,215
- Trade debts -€11,184
down €11,184 (-9.4%), from €119,482 to €108,298
- Advances received +€8,603
new in 2026: €8,603
- Staff costs -€114,628
down €114,628 (-75.5%), from €151,731 to €37,103
- Gross operating margin +€106,022
up €106,022 (+92.6%), from €114,461 to €220,483
- Depreciation -€14,922
down €14,922 (-57.3%), from €26,054 to €11,132
- Other operating charges -€4,733
down €4,733 (-43.1%), from €10,971 to €6,238
- Financial charges -€3,242
down €3,242 (-21.7%), from €14,907 to €11,665
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,794 | €463,283 | +€88,489 | +23.6% |
| Fixed assets | 21/28 | €153,669 | €153,977 | +€308 | +0.2% |
| Intangible fixed assets | 21 | €13,501 | €18,156 | +€4,655 | +34.5% |
| Tangible fixed assets | 22/27 | €21,789 | €17,442 | -€4,347 | -19.9% |
| Plant, machinery and equipment | 23 | €20,337 | €16,010 | -€4,327 | -21.3% |
| Furniture and vehicles | 24 | €1,452 | €1,432 | -€20 | -1.4% |
| Financial fixed assets | 28 | €118,379 | €118,379 | = | 0.0% |
| Current assets | 29/58 | €221,125 | €309,307 | +€88,181 | +39.9% |
| Amounts receivable within one year | 40/41 | €185,242 | €281,786 | +€96,545 | +52.1% |
| Trade receivables | 40 | €183,781 | €273,580 | +€89,798 | +48.9% |
| Other amounts receivable | 41 | €1,460 | €8,206 | +€6,746 | +462% |
| Cash at bank and in hand | 54/58 | €591 | €19,679 | +€19,087 | +3,228% |
| Deferred charges and accrued income | 490/1 | €35,293 | €7,842 | -€27,451 | -77.8% |
| Total equity and liabilities | 10/49 | €374,794 | €463,283 | +€88,489 | +23.6% |
| Equity | 10/15 | €34,196 | €192,892 | +€158,696 | +464% |
| Contributions | 10/11 | €310,329 | €310,329 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,133 | -€117,437 | +€158,696 | +57.5% |
| Amounts payable | 17/49 | €340,598 | €270,391 | -€70,207 | -20.6% |
| Amounts payable after more than one year | 17 | €7,933 | €4,170 | -€3,763 | -47.4% |
| Financial debts | 170/4 | €7,933 | €4,170 | -€3,763 | -47.4% |
| Amounts payable within one year | 42/48 | €331,515 | €265,240 | -€66,274 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €10,861 | €3,763 | -€7,098 | -65.4% |
| Financial debts | 43 | €50,000 | €36,215 | -€13,785 | -27.6% |
| Credit institutions | 430/8 | €50,000 | €36,215 | -€13,785 | -27.6% |
| Trade debts | 44 | €119,482 | €108,298 | -€11,184 | -9.4% |
| Suppliers | 440/4 | €119,482 | €108,298 | -€11,184 | -9.4% |
| Advances received on contracts in progress | 46 | - | €8,603 | +€8,603 | |
| Taxes, remuneration and social security | 45 | €50,556 | €12,843 | -€37,714 | -74.6% |
| Taxes | 450/3 | €27,399 | €3,982 | -€23,417 | -85.5% |
| Remuneration and social security | 454/9 | €23,158 | €8,861 | -€14,297 | -61.7% |
| Other amounts payable | 47/48 | €100,616 | €95,519 | -€5,097 | -5.1% |
| Accrued charges and deferred income | 492/3 | €1,150 | €981 | -€169 | -14.7% |
| Remuneration, social security and pensions | 62 | €151,731 | €37,103 | -€114,628 | -75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,054 | €11,132 | -€14,922 | -57.3% |
| Other operating charges | 640/8 | €10,971 | €6,238 | -€4,733 | -43.1% |
| Non-recurring operating charges | 66A | €5,184 | €617 | -€4,567 | -88.1% |
| Gross operating margin | 9900 | €114,461 | €220,483 | +€106,022 | +92.6% |
| Operating profit (loss) | 9901 | -€79,479 | €165,393 | +€244,872 | |
| Financial income | 75/76B | €2,357 | €5,588 | +€3,231 | +137% |
| Recurring financial income | 75 | €2,357 | €5,588 | +€3,231 | +137% |
| Financial charges | 65/66B | €14,907 | €11,665 | -€3,242 | -21.7% |
| Recurring financial charges | 65 | €14,907 | €11,665 | -€3,242 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | -€92,029 | €159,316 | +€251,345 | |
| Income taxes | 67/77 | €1,858 | €621 | -€1,237 | -66.6% |
| Profit (loss) for the period | 9904 | -€93,887 | €158,696 | +€252,582 | |
| Profit (loss) for the period to be appropriated | 9905 | -€93,887 | €158,696 | +€252,582 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.