Accoren: 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.
Accoren
Largest movements
- Receivables within one year +€67,871
up €67,871 (+26.4%), from €257,449 to €325,320
of which Other amounts receivable: +€45,825
- Tangible fixed assets -€7,954
down €7,954 (-25.1%), from €31,635 to €23,681
of which Furniture and vehicles: -€4,158
- Cash -€6,198
down €6,198 (-6.0%), from €102,894 to €96,696
mainly Receivables within one year (-€67,871) and Contributions, distributions and other (-€20,000)
- Reserves +€65,273
up €65,273 (+23.8%), from €273,687 to €338,960
of which Distributable reserves: +€65,273
- Trade debts -€8,440
down €8,440 (-60.0%), from €14,071 to €5,632
- Tax, wage and social debts -€6,464
down €6,464 (-6.6%), from €97,744 to €91,280
of which Taxes: -€12,885
- Gross operating margin +€28,891
up €28,891 (+18.7%), from €154,389 to €183,279
- Staff costs +€12,786
up €12,786 (+44.6%), from €28,642 to €41,428
- Write-downs -€5,989
no longer reported in 2025 (was €5,989)
- Financial charges +€3,686
up €3,686 (+128%), from €2,870 to €6,556
- Taxes +€3,500
up €3,500 (+10.3%), from €33,871 to €37,371
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 | €393,328 | €445,697 | +€52,369 | +13.3% |
| Fixed assets | 21/28 | €31,635 | €23,681 | -€7,954 | -25.1% |
| Tangible fixed assets | 22/27 | €31,635 | €23,681 | -€7,954 | -25.1% |
| Land and buildings | 22 | €12,031 | €10,475 | -€1,556 | -12.9% |
| Plant, machinery and equipment | 23 | €7,598 | €5,357 | -€2,241 | -29.5% |
| Furniture and vehicles | 24 | €12,007 | €7,848 | -€4,158 | -34.6% |
| Current assets | 29/58 | €361,693 | €422,016 | +€60,323 | +16.7% |
| Amounts receivable within one year | 40/41 | €257,449 | €325,320 | +€67,871 | +26.4% |
| Trade receivables | 40 | €89,735 | €111,781 | +€22,046 | +24.6% |
| Other amounts receivable | 41 | €167,714 | €213,539 | +€45,825 | +27.3% |
| Cash at bank and in hand | 54/58 | €102,894 | €96,696 | -€6,198 | -6.0% |
| Deferred charges and accrued income | 490/1 | €1,350 | - | -€1,350 | |
| Total equity and liabilities | 10/49 | €393,328 | €445,697 | +€52,369 | +13.3% |
| Equity | 10/15 | €279,887 | €345,160 | +€65,273 | +23.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €273,687 | €338,960 | +€65,273 | +23.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €271,827 | €337,100 | +€65,273 | +24.0% |
| Amounts payable | 17/49 | €113,441 | €100,536 | -€12,904 | -11.4% |
| Amounts payable within one year | 42/48 | €113,441 | €100,536 | -€12,904 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €625 | €3,625 | +€3,000 | +480% |
| Trade debts | 44 | €14,071 | €5,632 | -€8,440 | -60.0% |
| Suppliers | 440/4 | €14,071 | €5,632 | -€8,440 | -60.0% |
| Taxes, remuneration and social security | 45 | €97,744 | €91,280 | -€6,464 | -6.6% |
| Taxes | 450/3 | €93,795 | €80,910 | -€12,885 | -13.7% |
| Remuneration and social security | 454/9 | €3,949 | €10,370 | +€6,421 | +163% |
| Other amounts payable | 47/48 | €1,001 | - | -€1,001 | |
| Remuneration, social security and pensions | 62 | €28,642 | €41,428 | +€12,786 | +44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,417 | €9,691 | -€726 | -7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,989 | - | -€5,989 | |
| Other operating charges | 640/8 | €3,229 | €3,630 | +€401 | +12.4% |
| Gross operating margin | 9900 | €154,389 | €183,279 | +€28,891 | +18.7% |
| Operating profit (loss) | 9901 | €106,112 | €128,531 | +€22,419 | +21.1% |
| Financial income | 75/76B | - | €669 | +€669 | |
| Recurring financial income | 75 | - | €669 | +€669 | |
| Financial charges | 65/66B | €2,870 | €6,556 | +€3,686 | +128% |
| Recurring financial charges | 65 | €2,870 | €6,556 | +€3,686 | +128% |
| Profit (loss) for the period before taxes | 9903 | €103,241 | €122,644 | +€19,403 | +18.8% |
| Income taxes | 67/77 | €33,871 | €37,371 | +€3,500 | +10.3% |
| Profit (loss) for the period | 9904 | €69,370 | €85,273 | +€15,903 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,370 | €85,273 | +€15,903 | +22.9% |
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 18 October 2026 via checked.be.