Accirculate: 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.
Accirculate
Largest movements
- Deferred charges and accrued income +€6,096
up €6,096 (+1235.4%), from €493 to €6,590
- Receivables within one year +€5,995
up €5,995 (+75.0%), from €7,994 to €13,989
of which Trade receivables: +€5,900
- Cash -€2,565
down €2,565 (-68.5%), from €3,746 to €1,181
mainly Deferred charges and accrued income (-€6,096) and Receivables within one year (-€5,995)
- Intangible fixed assets +€2,532
new in 2025: €2,532
- Other debts +€16,457
up €16,457 (+2306.8%), from €713 to €17,171
- Profit (loss) carried forward -€4,767
down €4,767 (-421.1%), from -€1,132 to -€5,899
- Trade debts +€366
up €366 (+145.5%), from €252 to €618
- Gross operating margin -€4,862
down €4,862, from €1,359 to -€3,503
- Other operating charges +€108
up €108 (+28.0%), from €387 to €496
- Depreciation +€106
up €106 (+29.2%), from €363 to €468
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 | €12,233 | €24,291 | +€12,057 | +98.6% |
| Fixed assets | 21/28 | - | €2,532 | +€2,532 | |
| Intangible fixed assets | 21 | - | €2,532 | +€2,532 | |
| Current assets | 29/58 | €12,233 | €21,759 | +€9,526 | +77.9% |
| Amounts receivable within one year | 40/41 | €7,994 | €13,989 | +€5,995 | +75.0% |
| Trade receivables | 40 | €7,500 | €13,400 | +€5,900 | +78.7% |
| Other amounts receivable | 41 | €494 | €589 | +€95 | +19.1% |
| Cash at bank and in hand | 54/58 | €3,746 | €1,181 | -€2,565 | -68.5% |
| Deferred charges and accrued income | 490/1 | €493 | €6,590 | +€6,096 | +1235.4% |
| Total equity and liabilities | 10/49 | €12,233 | €24,291 | +€12,057 | +98.6% |
| Equity | 10/15 | €11,268 | €6,501 | -€4,767 | -42.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,132 | -€5,899 | -€4,767 | -421.1% |
| Amounts payable | 17/49 | €965 | €17,789 | +€16,824 | +1742.8% |
| Amounts payable within one year | 42/48 | €965 | €17,789 | +€16,824 | +1742.8% |
| Trade debts | 44 | €252 | €618 | +€366 | +145.5% |
| Suppliers | 440/4 | €252 | €618 | +€366 | +145.5% |
| Other amounts payable | 47/48 | €713 | €17,171 | +€16,457 | +2306.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363 | €468 | +€106 | +29.2% |
| Other operating charges | 640/8 | €387 | €496 | +€108 | +28.0% |
| Gross operating margin | 9900 | €1,359 | -€3,503 | -€4,862 | |
| Operating profit (loss) | 9901 | €610 | -€4,467 | -€5,076 | |
| Financial charges | 65/66B | €301 | €300 | -€1 | -0.4% |
| Recurring financial charges | 65 | €301 | €300 | -€1 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €308 | -€4,767 | -€5,075 | |
| Profit (loss) for the period | 9904 | €308 | -€4,767 | -€5,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €308 | -€4,767 | -€5,075 |
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.