ACCONNEX: 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.
ACCONNEX
Largest movements
- Receivables within one year +€125,313
up €125,313 (+33.0%), from €379,603 to €504,917
of which Other amounts receivable: +€89,273
- Tangible fixed assets +€16,592
up €16,592 (+5.6%), from €298,023 to €314,616
of which Land and buildings: +€66,807
- Cash -€12,858
down €12,858 (-11.2%), from €115,103 to €102,245
mainly Receivables within one year (-€125,313) and Investment in fixed assets (net) (-€34,036)
- Profit (loss) carried forward +€92,776
up €92,776 (+60.5%), from €153,439 to €246,215
- Trade debts +€42,141
up €42,141 (+10.9%), from €387,480 to €429,621
- Debts after one year -€29,518
down €29,518 (-13.1%), from €224,717 to €195,199
- Tax, wage and social debts +€21,297
up €21,297 (+213%), from €9,996 to €31,293
of which Taxes: +€23,982
- Gross operating margin +€15,590
up €15,590 (+12.8%), from €122,269 to €137,860
- Financial income +€9,407
up €9,407 (+12,289%), from €77 to €9,484
- Staff costs +€5,408
up €5,408 (+22.7%), from €23,805 to €29,213
- Depreciation +€4,096
up €4,096 (+33.5%), from €12,213 to €16,310
- Other operating charges -€3,300
down €3,300 (-29.8%), from €11,074 to €7,774
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €792,730 | €922,912 | +€130,182 | +16.4% |
| Fixed assets | 21/28 | €298,023 | €315,750 | +€17,726 | +5.9% |
| Tangible fixed assets | 22/27 | €298,023 | €314,616 | +€16,592 | +5.6% |
| Land and buildings | 22 | €231,677 | €298,484 | +€66,807 | +28.8% |
| Plant, machinery and equipment | 23 | €3,437 | €9,837 | +€6,400 | +186% |
| Furniture and vehicles | 24 | €62,909 | €6,295 | -€56,615 | -90.0% |
| Financial fixed assets | 28 | - | €1,134 | +€1,134 | |
| Current assets | 29/58 | €494,706 | €607,162 | +€112,455 | +22.7% |
| Amounts receivable within one year | 40/41 | €379,603 | €504,917 | +€125,313 | +33.0% |
| Trade receivables | 40 | €340,606 | €376,647 | +€36,041 | +10.6% |
| Other amounts receivable | 41 | €38,997 | €128,270 | +€89,273 | +229% |
| Cash at bank and in hand | 54/58 | €115,103 | €102,245 | -€12,858 | -11.2% |
| Total equity and liabilities | 10/49 | €792,730 | €922,912 | +€130,182 | +16.4% |
| Equity | 10/15 | €153,440 | €246,216 | +€92,776 | +60.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,439 | €246,215 | +€92,776 | +60.5% |
| Amounts payable | 17/49 | €639,290 | €676,696 | +€37,406 | +5.9% |
| Amounts payable after more than one year | 17 | €224,717 | €195,199 | -€29,518 | -13.1% |
| Financial debts | 170/4 | €224,717 | €195,199 | -€29,518 | -13.1% |
| Amounts payable within one year | 42/48 | €414,573 | €481,497 | +€66,924 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €14,180 | €18,583 | +€4,403 | +31.0% |
| Financial debts | 43 | - | €2,000 | +€2,000 | |
| Credit institutions | 430/8 | - | €2,000 | +€2,000 | |
| Trade debts | 44 | €387,480 | €429,621 | +€42,141 | +10.9% |
| Suppliers | 440/4 | €387,480 | €429,621 | +€42,141 | +10.9% |
| Taxes, remuneration and social security | 45 | €9,996 | €31,293 | +€21,297 | +213% |
| Taxes | 450/3 | €7,310 | €31,293 | +€23,982 | +328% |
| Remuneration and social security | 454/9 | €2,686 | - | -€2,686 | |
| Other amounts payable | 47/48 | €2,917 | - | -€2,917 | |
| Remuneration, social security and pensions | 62 | €23,805 | €29,213 | +€5,408 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,213 | €16,310 | +€4,096 | +33.5% |
| Other operating charges | 640/8 | €11,074 | €7,774 | -€3,300 | -29.8% |
| Gross operating margin | 9900 | €122,269 | €137,860 | +€15,590 | +12.8% |
| Operating profit (loss) | 9901 | €75,177 | €84,563 | +€9,386 | +12.5% |
| Financial income | 75/76B | €77 | €9,484 | +€9,407 | +12,289% |
| Recurring financial income | 75 | €77 | €9,484 | +€9,407 | +12,289% |
| Financial charges | 65/66B | €1,705 | €1,271 | -€434 | -25.5% |
| Recurring financial charges | 65 | €1,705 | €1,271 | -€434 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €73,549 | €92,776 | +€19,227 | +26.1% |
| Profit (loss) for the period | 9904 | €73,549 | €92,776 | +€19,227 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,549 | €92,776 | +€19,227 | +26.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.