ACCOFISC BVS: 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.
ACCOFISC BVS
Largest movements
- Tangible fixed assets +€180,385
up €180,385 (+1,212%), from €14,884 to €195,269
of which Other tangible fixed assets: +€187,278
- Receivables within one year -€81,748
down €81,748 (-24.9%), from €327,977 to €246,229
of which Trade receivables: -€80,101
- Cash -€10,593
down €10,593 (-20.9%), from €50,772 to €40,179
mainly Investment in fixed assets (net) (-€193,253) and Contributions, distributions and other (-€160,375)
- Other debts +€163,964
up €163,964 (+845%), from €19,404 to €183,368
- Reserves -€91,606
down €91,606 (-34.9%), from €262,492 to €170,886
- Trade debts +€39,844
up €39,844 (+91.8%), from €43,411 to €83,255
- Tax, wage and social debts -€24,157
down €24,157 (-58.3%), from €41,447 to €17,290
of which Taxes: -€25,172
- Gross operating margin -€82,571
down €82,571 (-23.4%), from €353,034 to €270,463
- Taxes -€18,772
down €18,772 (-43.4%), from €43,275 to €24,503
- Depreciation +€4,779
up €4,779 (+36.5%), from €13,089 to €17,868
- Financial charges +€3,711
up €3,711 (+1,631%), from €227 to €3,938
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 | €429,530 | €512,923 | +€83,392 | +19.4% |
| Fixed assets | 21/28 | €46,134 | €221,519 | +€175,385 | +380% |
| Intangible fixed assets | 21 | €31,250 | €26,250 | -€5,000 | -16.0% |
| Tangible fixed assets | 22/27 | €14,884 | €195,269 | +€180,385 | +1,212% |
| Plant, machinery and equipment | 23 | €3,092 | €1,519 | -€1,573 | -50.9% |
| Furniture and vehicles | 24 | €8,668 | €3,349 | -€5,320 | -61.4% |
| Other tangible fixed assets | 26 | €3,124 | €190,402 | +€187,278 | +5,995% |
| Current assets | 29/58 | €383,396 | €291,404 | -€91,992 | -24.0% |
| Amounts receivable within one year | 40/41 | €327,977 | €246,229 | -€81,748 | -24.9% |
| Trade receivables | 40 | €271,239 | €191,138 | -€80,101 | -29.5% |
| Other amounts receivable | 41 | €56,738 | €55,091 | -€1,647 | -2.9% |
| Cash at bank and in hand | 54/58 | €50,772 | €40,179 | -€10,593 | -20.9% |
| Deferred charges and accrued income | 490/1 | €4,647 | €4,996 | +€349 | +7.5% |
| Total equity and liabilities | 10/49 | €429,530 | €512,923 | +€83,392 | +19.4% |
| Equity | 10/15 | €317,492 | €225,886 | -€91,606 | -28.9% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €262,492 | €170,886 | -€91,606 | -34.9% |
| Distributable reserves | 133 | €262,492 | €170,886 | -€91,606 | -34.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €112,038 | €287,037 | +€174,999 | +156% |
| Amounts payable after more than one year | 17 | €3,123 | €0 | -€3,123 | -100% |
| Financial debts | 170/4 | €3,123 | €0 | -€3,123 | -100% |
| Amounts payable within one year | 42/48 | €108,915 | €287,037 | +€178,122 | +164% |
| Current portion of amounts payable after more than one year | 42 | €4,653 | €3,123 | -€1,530 | -32.9% |
| Trade debts | 44 | €43,411 | €83,255 | +€39,844 | +91.8% |
| Suppliers | 440/4 | €43,411 | €83,255 | +€39,844 | +91.8% |
| Taxes, remuneration and social security | 45 | €41,447 | €17,290 | -€24,157 | -58.3% |
| Taxes | 450/3 | €25,191 | €19 | -€25,172 | -99.9% |
| Remuneration and social security | 454/9 | €16,256 | €17,272 | +€1,016 | +6.2% |
| Other amounts payable | 47/48 | €19,404 | €183,368 | +€163,964 | +845% |
| Remuneration, social security and pensions | 62 | €155,575 | €155,453 | -€122 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,089 | €17,868 | +€4,779 | +36.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,051 | €1,080 | +€29 | +2.7% |
| Gross operating margin | 9900 | €353,034 | €270,463 | -€82,571 | -23.4% |
| Operating profit (loss) | 9901 | €183,319 | €96,062 | -€87,257 | -47.6% |
| Financial income | 75/76B | €674 | €1,148 | +€473 | +70.2% |
| Recurring financial income | 75 | €674 | €1,148 | +€473 | +70.2% |
| Financial charges | 65/66B | €227 | €3,938 | +€3,711 | +1,631% |
| Recurring financial charges | 65 | €227 | €3,938 | +€3,711 | +1,631% |
| Profit (loss) for the period before taxes | 9903 | €183,766 | €93,272 | -€90,494 | -49.2% |
| Income taxes | 67/77 | €43,275 | €24,503 | -€18,772 | -43.4% |
| Profit (loss) for the period | 9904 | €140,491 | €68,769 | -€71,722 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €140,491 | €68,769 | -€71,722 | -51.1% |
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 23 October 2026 via checked.be.