Accosea: 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.
Accosea
Largest movements
- Receivables within one year +€33,571
up €33,571 (+330.0%), from €10,172 to €43,743
of which Trade receivables: +€33,507
- Tangible fixed assets +€16,699
up €16,699 (+7.0%), from €238,870 to €255,568
of which Furniture and vehicles: +€20,621
- Cash -€6,331
down €6,331 (-4.2%), from €150,429 to €144,098
mainly Debts after one year (-€177,741) and Investment in fixed assets (net) (-€41,518)
- Intangible fixed assets +€5,370
new in 2025: €5,370
- Stocks and contracts +€4,935
new in 2025: €4,935
- Other debts +€202,988
up €202,988 (+15279.7%), from €1,328 to €204,316
- Debts after one year -€177,741
no longer reported in 2025 (was €177,741)
- Reserves +€54,572
up €54,572 (+53.0%), from €103,016 to €157,589
- Current portion of long-term debt -€22,975
no longer reported in 2025 (was €22,975)
- Depreciation +€6,538
up €6,538 (+50.6%), from €12,911 to €19,449
- Gross operating margin -€5,450
down €5,450 (-5.7%), from €95,889 to €90,440
- Financial income +€2,357
up €2,357 (+342.8%), from €688 to €3,045
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.
Cash bridge derived
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 | €400,825 | €456,609 | +€55,784 | +13.9% |
| Fixed assets | 21/28 | €238,870 | €260,939 | +€22,069 | +9.2% |
| Intangible fixed assets | 21 | - | €5,370 | +€5,370 | |
| Tangible fixed assets | 22/27 | €238,870 | €255,568 | +€16,699 | +7.0% |
| Land and buildings | 22 | €225,870 | €214,585 | -€11,285 | -5.0% |
| Plant, machinery and equipment | 23 | €13,000 | €20,363 | +€7,363 | +56.6% |
| Furniture and vehicles | 24 | - | €20,621 | +€20,621 | |
| Current assets | 29/58 | €161,956 | €195,670 | +€33,715 | +20.8% |
| Stocks and contracts in progress | 3 | - | €4,935 | +€4,935 | |
| Stocks | 30/36 | - | €4,935 | +€4,935 | |
| Amounts receivable within one year | 40/41 | €10,172 | €43,743 | +€33,571 | +330.0% |
| Trade receivables | 40 | €9,942 | €43,449 | +€33,507 | +337.0% |
| Other amounts receivable | 41 | €230 | €295 | +€65 | +28.1% |
| Cash at bank and in hand | 54/58 | €150,429 | €144,098 | -€6,331 | -4.2% |
| Deferred charges and accrued income | 490/1 | €1,355 | €2,894 | +€1,539 | +113.6% |
| Total equity and liabilities | 10/49 | €400,825 | €456,609 | +€55,784 | +13.9% |
| Equity | 10/15 | €173,016 | €227,589 | +€54,572 | +31.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €103,016 | €157,589 | +€54,572 | +53.0% |
| Distributable reserves | 133 | €103,016 | €157,589 | +€54,572 | +53.0% |
| Amounts payable | 17/49 | €227,809 | €229,020 | +€1,212 | +0.5% |
| Amounts payable after more than one year | 17 | €177,741 | - | -€177,741 | |
| Financial debts | 170/4 | €177,741 | - | -€177,741 | |
| Amounts payable within one year | 42/48 | €50,068 | €229,020 | +€178,953 | +357.4% |
| Current portion of amounts payable after more than one year | 42 | €22,975 | - | -€22,975 | |
| Trade debts | 44 | €4,912 | €5,334 | +€422 | +8.6% |
| Suppliers | 440/4 | €4,912 | €5,334 | +€422 | +8.6% |
| Taxes, remuneration and social security | 45 | €20,852 | €19,370 | -€1,482 | -7.1% |
| Taxes | 450/3 | €20,852 | €19,370 | -€1,482 | -7.1% |
| Other amounts payable | 47/48 | €1,328 | €204,316 | +€202,988 | +15279.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,911 | €19,449 | +€6,538 | +50.6% |
| Other operating charges | 640/8 | €894 | €1,735 | +€841 | +94.1% |
| Gross operating margin | 9900 | €95,889 | €90,440 | -€5,450 | -5.7% |
| Operating profit (loss) | 9901 | €82,084 | €69,256 | -€12,829 | -15.6% |
| Financial income | 75/76B | €688 | €3,045 | +€2,357 | +342.8% |
| Recurring financial income | 75 | €688 | €3,045 | +€2,357 | +342.8% |
| Financial charges | 65/66B | €5,328 | €4,965 | -€363 | -6.8% |
| Recurring financial charges | 65 | €5,328 | €4,965 | -€363 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €77,444 | €67,336 | -€10,108 | -13.1% |
| Income taxes | 67/77 | €12,157 | €12,764 | +€606 | +5.0% |
| Profit (loss) for the period | 9904 | €65,286 | €54,572 | -€10,714 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,286 | €54,572 | -€10,714 | -16.4% |
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 9 October 2026 via checked.be.