ACCLARO: 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.
ACCLARO
Largest movements
- Cash -€22,569
down €22,569 (-22.6%), from €99,962 to €77,393
mainly Investment in fixed assets (net) (-€27,471) and Net result for the year (-€13,466)
- Deferred charges and accrued income -€13,259
down €13,259 (-47.3%), from €28,035 to €14,776
- Receivables within one year +€11,982
up €11,982 (+41.4%), from €28,916 to €40,899
of which Trade receivables: +€10,477
- Reserves -€13,466
down €13,466 (-3.3%), from €412,639 to €399,173
of which Distributable reserves: -€13,466
- Gross operating margin -€66,216
down €66,216 (-73.7%), from €89,816 to €23,600
- Taxes -€16,804
down €16,804 (-87.9%), from €19,120 to €2,316
- Financial charges +€2,878
up €2,878 (+92.6%), from €3,106 to €5,984
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €492,904 | €470,694 | -€22,211 | -4.5% |
| Fixed assets | 21/28 | €335,991 | €337,626 | +€1,635 | +0.5% |
| Tangible fixed assets | 22/27 | €335,991 | €337,626 | +€1,635 | +0.5% |
| Land and buildings | 22 | €319,038 | €326,059 | +€7,021 | +2.2% |
| Plant, machinery and equipment | 23 | €13,383 | €11,145 | -€2,238 | -16.7% |
| Furniture and vehicles | 24 | €3,571 | €423 | -€3,148 | -88.2% |
| Current assets | 29/58 | €156,913 | €133,068 | -€23,845 | -15.2% |
| Amounts receivable within one year | 40/41 | €28,916 | €40,899 | +€11,982 | +41.4% |
| Trade receivables | 40 | €21,714 | €32,191 | +€10,477 | +48.3% |
| Other amounts receivable | 41 | €7,203 | €8,708 | +€1,505 | +20.9% |
| Cash at bank and in hand | 54/58 | €99,962 | €77,393 | -€22,569 | -22.6% |
| Deferred charges and accrued income | 490/1 | €28,035 | €14,776 | -€13,259 | -47.3% |
| Total equity and liabilities | 10/49 | €492,904 | €470,694 | -€22,211 | -4.5% |
| Equity | 10/15 | €431,474 | €418,008 | -€13,466 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €412,639 | €399,173 | -€13,466 | -3.3% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €393,889 | €380,423 | -€13,466 | -3.4% |
| Profit (loss) carried forward | 14 | €235 | €235 | = | 0.0% |
| Amounts payable | 17/49 | €61,431 | €52,686 | -€8,745 | -14.2% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Financial debts | 170/4 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,431 | €17,686 | -€8,745 | -33.1% |
| Trade debts | 44 | €3,881 | €2,926 | -€954 | -24.6% |
| Suppliers | 440/4 | €3,881 | €2,926 | -€954 | -24.6% |
| Taxes, remuneration and social security | 45 | €16,640 | €12,960 | -€3,680 | -22.1% |
| Taxes | 450/3 | €16,640 | €12,960 | -€3,680 | -22.1% |
| Other amounts payable | 47/48 | €5,910 | €1,799 | -€4,110 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,596 | €25,836 | -€760 | -2.9% |
| Other operating charges | 640/8 | €2,134 | €2,930 | +€796 | +37.3% |
| Non-recurring operating charges | 66A | €4,310 | - | -€4,310 | |
| Gross operating margin | 9900 | €89,816 | €23,600 | -€66,216 | -73.7% |
| Operating profit (loss) | 9901 | €56,776 | -€5,167 | -€61,942 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,106 | €5,984 | +€2,878 | +92.6% |
| Recurring financial charges | 65 | €3,106 | €5,984 | +€2,878 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €53,670 | -€11,150 | -€64,820 | |
| Income taxes | 67/77 | €19,120 | €2,316 | -€16,804 | -87.9% |
| Profit (loss) for the period | 9904 | €34,551 | -€13,466 | -€48,016 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,551 | -€13,466 | -€48,016 |
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 6 October 2026 via checked.be.