ACCOLADE: 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.
ACCOLADE
Largest movements
- Cash -€1,123
down €1,123 (-95.4%), from €1,177 to €54
mainly Net result for the year (-€3,663) and Trade debts (-€2,570)
- Receivables within one year -€356
down €356 (-100%), from €356 to €0
- Stocks and contracts +€267
up €267 (+7.7%), from €3,460 to €3,726
- Deferred charges and accrued income -€52
down €52 (-100%), from €52 to €0
- Short-term financial debts +€5,092
new in 2025: €5,092
- Profit (loss) carried forward -€3,663
down €3,663 (-14.8%), from -€24,779 to -€28,442
- Trade debts -€2,570
down €2,570 (-58.0%), from €4,433 to €1,863
- Tax, wage and social debts -€638
down €638 (-51.2%), from €1,246 to €609
- Other debts +€514
up €514 (+5.8%), from €8,898 to €9,413
- Write-downs -€8,042
down €8,042 (-100%), from €8,042 to €0
- Other operating charges +€395
up €395 (+214%), from €184 to €579
- Gross operating margin -€366
down €366 (-16.2%), from -€2,254 to -€2,620
- Financial charges -€317
down €317 (-40.5%), from €781 to €464
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 | €5,045 | €3,780 | -€1,264 | -25.1% |
| Current assets | 29/58 | €5,045 | €3,780 | -€1,264 | -25.1% |
| Stocks and contracts in progress | 3 | €3,460 | €3,726 | +€267 | +7.7% |
| Stocks | 30/36 | €3,460 | €3,726 | +€267 | +7.7% |
| Amounts receivable within one year | 40/41 | €356 | €0 | -€356 | -100% |
| Trade receivables | 40 | €356 | €0 | -€356 | -100% |
| Cash at bank and in hand | 54/58 | €1,177 | €54 | -€1,123 | -95.4% |
| Deferred charges and accrued income | 490/1 | €52 | €0 | -€52 | -100% |
| Total equity and liabilities | 10/49 | €5,045 | €3,780 | -€1,264 | -25.1% |
| Equity | 10/15 | -€9,533 | -€13,196 | -€3,663 | -38.4% |
| Contributions | 10/11 | €15,245 | €15,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,779 | -€28,442 | -€3,663 | -14.8% |
| Amounts payable | 17/49 | €14,578 | €16,977 | +€2,399 | +16.5% |
| Amounts payable within one year | 42/48 | €14,578 | €16,977 | +€2,399 | +16.5% |
| Financial debts | 43 | - | €5,092 | +€5,092 | |
| Credit institutions | 430/8 | - | €5,092 | +€5,092 | |
| Trade debts | 44 | €4,433 | €1,863 | -€2,570 | -58.0% |
| Suppliers | 440/4 | €4,433 | €1,863 | -€2,570 | -58.0% |
| Taxes, remuneration and social security | 45 | €1,246 | €609 | -€638 | -51.2% |
| Taxes | 450/3 | €1,246 | €609 | -€638 | -51.2% |
| Other amounts payable | 47/48 | €8,898 | €9,413 | +€514 | +5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,042 | €0 | -€8,042 | -100% |
| Other operating charges | 640/8 | €184 | €579 | +€395 | +214% |
| Gross operating margin | 9900 | -€2,254 | -€2,620 | -€366 | -16.2% |
| Operating profit (loss) | 9901 | -€10,480 | -€3,199 | +€7,281 | +69.5% |
| Financial income | 75/76B | €17 | €0 | -€17 | -100% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100% |
| Financial charges | 65/66B | €781 | €464 | -€317 | -40.5% |
| Recurring financial charges | 65 | €781 | €464 | -€317 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,244 | -€3,663 | +€7,581 | +67.4% |
| Profit (loss) for the period | 9904 | -€11,244 | -€3,663 | +€7,581 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,244 | -€3,663 | +€7,581 | +67.4% |
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 17 October 2026 via checked.be.