ACCINVA: 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.
ACCINVA
Largest movements
- Cash -€8,179
down €8,179 (-39.7%), from €20,592 to €12,413
mainly Investment in fixed assets (net) (-€20,633) and Other debts (-€14,510)
- Other debts -€14,510
down €14,510 (-46.7%), from €31,062 to €16,552
- Trade debts -€10,752
down €10,752 (-50.3%), from €21,372 to €10,620
- Reserves +€9,687
up €9,687 (+10.2%), from €94,607 to €104,294
- Tax, wage and social debts +€8,117
up €8,117 (+41.2%), from €19,693 to €27,809
of which Taxes: +€8,603
- Debts after one year -€5,927
down €5,927 (-2.3%), from €253,907 to €247,981
of which Financial debts: -€5,927
- Gross operating margin -€23,232
down €23,232 (-14.8%), from €156,710 to €133,478
- Taxes -€8,806
down €8,806 (-64.6%), from €13,632 to €4,826
- Other operating charges +€3,415
up €3,415 (+88.2%), from €3,870 to €7,285
- Staff costs -€2,665
down €2,665 (-3.4%), from €77,912 to €75,247
- Depreciation -€2,585
down €2,585 (-10.5%), from €24,603 to €22,018
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.
Derived cash bridge
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 | €466,195 | €450,649 | -€15,547 | -3.3% |
| Fixed assets | 21/28 | €364,237 | €362,852 | -€1,386 | -0.4% |
| Tangible fixed assets | 22/27 | €364,237 | €362,852 | -€1,386 | -0.4% |
| Land and buildings | 22 | €354,015 | €337,008 | -€17,007 | -4.8% |
| Furniture and vehicles | 24 | €2,450 | €25,844 | +€23,394 | +955% |
| Leasing and similar rights | 25 | €7,773 | €0 | -€7,773 | -100% |
| Current assets | 29/58 | €101,958 | €87,797 | -€14,161 | -13.9% |
| Amounts receivable within one year | 40/41 | €48,781 | €45,341 | -€3,440 | -7.1% |
| Trade receivables | 40 | €48,781 | €41,164 | -€7,617 | -15.6% |
| Other amounts receivable | 41 | €0 | €4,177 | +€4,177 | |
| Cash at bank and in hand | 54/58 | €20,592 | €12,413 | -€8,179 | -39.7% |
| Deferred charges and accrued income | 490/1 | €32,585 | €30,043 | -€2,542 | -7.8% |
| Total equity and liabilities | 10/49 | €466,195 | €450,649 | -€15,547 | -3.3% |
| Equity | 10/15 | €113,607 | €123,294 | +€9,687 | +8.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €94,607 | €104,294 | +€9,687 | +10.2% |
| Distributable reserves | 133 | €94,607 | €104,294 | +€9,687 | +10.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €352,588 | €327,354 | -€25,234 | -7.2% |
| Amounts payable after more than one year | 17 | €253,907 | €247,981 | -€5,927 | -2.3% |
| Financial debts | 170/4 | €110,907 | €104,981 | -€5,927 | -5.3% |
| Other amounts payable | 178/9 | €143,000 | €143,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,086 | €78,037 | -€18,049 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €23,960 | €23,056 | -€904 | -3.8% |
| Trade debts | 44 | €21,372 | €10,620 | -€10,752 | -50.3% |
| Suppliers | 440/4 | €21,372 | €10,620 | -€10,752 | -50.3% |
| Taxes, remuneration and social security | 45 | €19,693 | €27,809 | +€8,117 | +41.2% |
| Taxes | 450/3 | €10,571 | €19,173 | +€8,603 | +81.4% |
| Remuneration and social security | 454/9 | €9,122 | €8,636 | -€486 | -5.3% |
| Other amounts payable | 47/48 | €31,062 | €16,552 | -€14,510 | -46.7% |
| Accrued charges and deferred income | 492/3 | €2,595 | €1,337 | -€1,258 | -48.5% |
| Non-recurring operating income | 76A | - | €13,108 | +€13,108 | |
| Remuneration, social security and pensions | 62 | €77,912 | €75,247 | -€2,665 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,603 | €22,018 | -€2,585 | -10.5% |
| Other operating charges | 640/8 | €3,870 | €7,285 | +€3,415 | +88.2% |
| Non-recurring operating charges | 66A | €2,925 | €6,169 | +€3,244 | +111% |
| Gross operating margin | 9900 | €156,710 | €133,478 | -€23,232 | -14.8% |
| Operating profit (loss) | 9901 | €47,399 | €22,759 | -€24,640 | -52.0% |
| Financial income | 75/76B | €3 | €9 | +€6 | +195% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +195% |
| Financial charges | 65/66B | €7,703 | €7,422 | -€281 | -3.7% |
| Recurring financial charges | 65 | €7,703 | €7,422 | -€281 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €39,699 | €15,346 | -€24,353 | -61.3% |
| Income taxes | 67/77 | €13,632 | €4,826 | -€8,806 | -64.6% |
| Profit (loss) for the period | 9904 | €26,067 | €10,520 | -€15,547 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,067 | €10,520 | -€15,547 | -59.6% |
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 15 October 2026 via checked.be.