ACCOFIDES: 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.
ACCOFIDES
Largest movements
- Tangible fixed assets -€31,151
down €31,151 (-8.1%), from €385,674 to €354,524
of which Land and buildings: -€28,984
- Receivables within one year -€5,428
down €5,428 (-86.4%), from €6,281 to €853
of which Trade receivables: -€6,050
- Other debts -€54,522
down €54,522 (-49.5%), from €110,085 to €55,564
- Reserves +€52,953
up €52,953 (+51.6%), from €102,554 to €155,507
- Debts after one year -€37,825
down €37,825 (-28.6%), from €132,140 to €94,315
- Trade debts +€4,513
up €4,513 (+727%), from €621 to €5,134
- Gross operating margin +€18,824
up €18,824 (+19.0%), from €99,031 to €117,856
- Taxes +€7,565
up €7,565 (+42.1%), from €17,966 to €25,531
- Financial charges -€3,467
down €3,467 (-35.9%), from €9,653 to €6,186
- Depreciation -€1,282
down €1,282 (-4.0%), from €32,433 to €31,151
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 | €399,025 | €365,929 | -€33,096 | -8.3% |
| Fixed assets | 21/28 | €385,674 | €354,524 | -€31,151 | -8.1% |
| Tangible fixed assets | 22/27 | €385,674 | €354,524 | -€31,151 | -8.1% |
| Land and buildings | 22 | €382,950 | €353,965 | -€28,984 | -7.6% |
| Plant, machinery and equipment | 23 | €2,725 | €558 | -€2,166 | -79.5% |
| Current assets | 29/58 | €13,351 | €11,406 | -€1,945 | -14.6% |
| Amounts receivable within one year | 40/41 | €6,281 | €853 | -€5,428 | -86.4% |
| Trade receivables | 40 | €6,050 | €0 | -€6,050 | -100% |
| Other amounts receivable | 41 | €231 | €853 | +€622 | +269% |
| Cash at bank and in hand | 54/58 | €7,070 | €10,553 | +€3,483 | +49.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €399,025 | €365,929 | -€33,096 | -8.3% |
| Equity | 10/15 | €109,677 | €162,629 | +€52,953 | +48.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €102,554 | €155,507 | +€52,953 | +51.6% |
| Distributable reserves | 133 | €102,554 | €155,507 | +€52,953 | +51.6% |
| Profit (loss) carried forward | 14 | €923 | €923 | = | 0.0% |
| Amounts payable | 17/49 | €289,349 | €203,300 | -€86,048 | -29.7% |
| Amounts payable after more than one year | 17 | €132,140 | €94,315 | -€37,825 | -28.6% |
| Financial debts | 170/4 | €132,140 | €94,315 | -€37,825 | -28.6% |
| Amounts payable within one year | 42/48 | €156,973 | €108,985 | -€47,988 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €36,740 | €37,825 | +€1,085 | +3.0% |
| Trade debts | 44 | €621 | €5,134 | +€4,513 | +727% |
| Suppliers | 440/4 | €621 | €5,134 | +€4,513 | +727% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,526 | €10,463 | +€937 | +9.8% |
| Taxes | 450/3 | €9,526 | €10,463 | +€937 | +9.8% |
| Other amounts payable | 47/48 | €110,085 | €55,564 | -€54,522 | -49.5% |
| Accrued charges and deferred income | 492/3 | €236 | €0 | -€236 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,433 | €31,151 | -€1,282 | -4.0% |
| Other operating charges | 640/8 | €1,648 | €2,035 | +€387 | +23.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €99,031 | €117,856 | +€18,824 | +19.0% |
| Operating profit (loss) | 9901 | €64,951 | €84,670 | +€19,720 | +30.4% |
| Financial charges | 65/66B | €9,653 | €6,186 | -€3,467 | -35.9% |
| Recurring financial charges | 65 | €9,653 | €6,186 | -€3,467 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €55,298 | €78,484 | +€23,186 | +41.9% |
| Income taxes | 67/77 | €17,966 | €25,531 | +€7,565 | +42.1% |
| Profit (loss) for the period | 9904 | €37,331 | €52,953 | +€15,622 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,331 | €52,953 | +€15,622 | +41.8% |
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 24 October 2026 via checked.be.