ACCIM: 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.
ACCIM
Largest movements
- Tangible fixed assets -€26,204
down €26,204 (-7.8%), from €336,592 to €310,388
of which Plant, machinery and equipment: -€336,592
- Current investments +€17,667
up €17,667 (+7.0%), from €253,574 to €271,241
- Receivables within one year -€9,008
no longer reported in 2025 (was €9,008)
- Receivables after one year +€8,344
new in 2025: €8,344
- Debts after one year -€14,598
down €14,598 (-14.8%), from €98,961 to €84,363
- Short-term financial debts +€14,598
new in 2025: €14,598
- Current portion of long-term debt -€14,003
no longer reported in 2025 (was €14,003)
- Profit (loss) carried forward +€9,119
up €9,119 (+64.1%), from €14,218 to €23,337
- Gross operating margin +€11,019
up €11,019 (+22.6%), from €48,762 to €59,781
- Financial income -€3,159
down €3,159 (-32.9%), from €9,612 to €6,453
of which Non-recurring financial income: -€3,181
- Taxes +€1,733
up €1,733 (+17.5%), from €9,901 to €11,634
- Financial charges -€662
down €662 (-12.2%), from €5,447 to €4,785
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 | €604,635 | €596,300 | -€8,335 | -1.4% |
| Fixed assets | 21/28 | €336,592 | €310,388 | -€26,204 | -7.8% |
| Tangible fixed assets | 22/27 | €336,592 | €310,388 | -€26,204 | -7.8% |
| Land and buildings | 22 | - | €310,388 | +€310,388 | |
| Plant, machinery and equipment | 23 | €336,592 | - | -€336,592 | |
| Current assets | 29/58 | €268,043 | €285,912 | +€17,869 | +6.7% |
| Amounts receivable after more than one year | 29 | - | €8,344 | +€8,344 | |
| Other amounts receivable | 291 | - | €8,344 | +€8,344 | |
| Amounts receivable within one year | 40/41 | €9,008 | - | -€9,008 | |
| Other amounts receivable | 41 | €9,008 | - | -€9,008 | |
| Current investments | 50/53 | €253,574 | €271,241 | +€17,667 | +7.0% |
| Cash at bank and in hand | 54/58 | €5,265 | €6,128 | +€863 | +16.4% |
| Deferred charges and accrued income | 490/1 | €196 | €199 | +€3 | +1.5% |
| Total equity and liabilities | 10/49 | €604,635 | €596,300 | -€8,335 | -1.4% |
| Equity | 10/15 | €458,546 | €468,967 | +€10,421 | +2.3% |
| Contributions | 10/11 | €86,800 | €86,800 | = | 0.0% |
| Capital | 10 | €86,800 | - | -€86,800 | |
| Issued capital | 100 | €86,800 | - | -€86,800 | |
| Reserves | 13 | €357,528 | €358,830 | +€1,302 | +0.4% |
| Non-distributable reserves | 130/1 | €8,680 | €8,680 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,680 | €8,680 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,402 | €10,704 | -€13,698 | -56.1% |
| Distributable reserves | 133 | €324,446 | €339,446 | +€15,000 | +4.6% |
| Profit (loss) carried forward | 14 | €14,218 | €23,337 | +€9,119 | +64.1% |
| Provisions and deferred taxes | 16 | €25,369 | €21,944 | -€3,425 | -13.5% |
| Deferred taxes | 168 | €25,369 | €21,944 | -€3,425 | -13.5% |
| Amounts payable | 17/49 | €120,720 | €105,389 | -€15,331 | -12.7% |
| Amounts payable after more than one year | 17 | €98,961 | €84,363 | -€14,598 | -14.8% |
| Financial debts | 170/4 | €98,961 | €84,363 | -€14,598 | -14.8% |
| Amounts payable within one year | 42/48 | €21,759 | €21,011 | -€748 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €14,003 | - | -€14,003 | |
| Financial debts | 43 | - | €14,598 | +€14,598 | |
| Credit institutions | 430/8 | - | €14,598 | +€14,598 | |
| Advances received on contracts in progress | 46 | €2,211 | €3,142 | +€931 | +42.1% |
| Taxes, remuneration and social security | 45 | €3,314 | €1,040 | -€2,274 | -68.6% |
| Taxes | 450/3 | €3,314 | €1,040 | -€2,274 | -68.6% |
| Other amounts payable | 47/48 | €2,231 | €2,231 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,629 | €26,205 | -€424 | -1.6% |
| Other operating charges | 640/8 | €6,415 | €6,613 | +€198 | +3.1% |
| Gross operating margin | 9900 | €48,762 | €59,781 | +€11,019 | +22.6% |
| Operating profit (loss) | 9901 | €15,718 | €26,963 | +€11,245 | +71.5% |
| Financial income | 75/76B | €9,612 | €6,453 | -€3,159 | -32.9% |
| Recurring financial income | 75 | €5,219 | €5,241 | +€22 | +0.4% |
| Non-recurring financial income | 76B | €4,393 | €1,212 | -€3,181 | -72.4% |
| Financial charges | 65/66B | €5,447 | €4,785 | -€662 | -12.2% |
| Recurring financial charges | 65 | €5,447 | €4,785 | -€662 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €19,883 | €28,631 | +€8,748 | +44.0% |
| Transfer from deferred taxes | 780 | €4,280 | €3,424 | -€856 | -20.0% |
| Income taxes | 67/77 | €9,901 | €11,634 | +€1,733 | +17.5% |
| Profit (loss) for the period | 9904 | €14,262 | €20,421 | +€6,159 | +43.2% |
| Transfer from tax-exempt reserves | 789 | €12,842 | €13,698 | +€856 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,104 | €34,119 | +€7,015 | +25.9% |
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 4 October 2026 via checked.be.