ACCOVEN: 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.
ACCOVEN
Largest movements
- Receivables within one year +€44,652
up €44,652 (+33.8%), from €132,058 to €176,710
of which Other amounts receivable: +€39,840
- Cash +€6,335
up €6,335 (+58.4%), from €10,845 to €17,180
mainly Net result for the year (+€33,163) and Other debts (+€20,897)
- Other debts +€20,897
up €20,897 (+62.9%), from €33,204 to €54,102
- Tax, wage and social debts +€14,841
up €14,841 (+124%), from €11,960 to €26,802
- Reserves +€13,163
up €13,163 (+16.0%), from €82,486 to €95,649
of which Distributable reserves: +€13,163
- Trade debts +€4,269
up €4,269 (+52.1%), from €8,200 to €12,469
- Write-downs -€15,833
down €15,833 (-100%), from €15,833 to €0
- Gross operating margin -€13,879
down €13,879 (-21.8%), from €63,755 to €49,876
- Other operating charges -€5,434
down €5,434 (-61.7%), from €8,808 to €3,374
- Taxes +€2,688
up €2,688 (+25.6%), from €10,511 to €13,200
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 | €227,775 | €280,946 | +€53,171 | +23.3% |
| Fixed assets | 21/28 | €56,466 | €56,943 | +€477 | +0.8% |
| Tangible fixed assets | 22/27 | €5,431 | €5,908 | +€477 | +8.8% |
| Plant, machinery and equipment | 23 | €3,239 | €3,965 | +€727 | +22.4% |
| Furniture and vehicles | 24 | €2,193 | €1,943 | -€250 | -11.4% |
| Financial fixed assets | 28 | €51,035 | €51,035 | = | 0.0% |
| Current assets | 29/58 | €171,309 | €224,003 | +€52,693 | +30.8% |
| Amounts receivable within one year | 40/41 | €132,058 | €176,710 | +€44,652 | +33.8% |
| Trade receivables | 40 | €132,058 | €136,870 | +€4,812 | +3.6% |
| Other amounts receivable | 41 | - | €39,840 | +€39,840 | |
| Cash at bank and in hand | 54/58 | €10,845 | €17,180 | +€6,335 | +58.4% |
| Deferred charges and accrued income | 490/1 | €28,407 | €30,113 | +€1,707 | +6.0% |
| Total equity and liabilities | 10/49 | €227,775 | €280,946 | +€53,171 | +23.3% |
| Equity | 10/15 | €174,151 | €187,314 | +€13,163 | +7.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €82,486 | €95,649 | +€13,163 | +16.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €2,914 | €2,914 | = | 0.0% |
| Distributable reserves | 133 | €77,711 | €90,874 | +€13,163 | +16.9% |
| Profit (loss) carried forward | 14 | €73,073 | €73,073 | = | 0.0% |
| Amounts payable | 17/49 | €53,625 | €93,632 | +€40,008 | +74.6% |
| Amounts payable within one year | 42/48 | €53,419 | €93,427 | +€40,008 | +74.9% |
| Current portion of amounts payable after more than one year | 42 | €54 | €54 | = | 0.0% |
| Trade debts | 44 | €8,200 | €12,469 | +€4,269 | +52.1% |
| Suppliers | 440/4 | €8,200 | €12,469 | +€4,269 | +52.1% |
| Taxes, remuneration and social security | 45 | €11,960 | €26,802 | +€14,841 | +124% |
| Taxes | 450/3 | €11,960 | €26,802 | +€14,841 | +124% |
| Other amounts payable | 47/48 | €33,204 | €54,102 | +€20,897 | +62.9% |
| Accrued charges and deferred income | 492/3 | €205 | €205 | = | 0.0% |
| Non-recurring operating income | 76A | - | €39 | +€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463 | €662 | +€198 | +42.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,833 | €0 | -€15,833 | -100% |
| Other operating charges | 640/8 | €8,808 | €3,374 | -€5,434 | -61.7% |
| Gross operating margin | 9900 | €63,755 | €49,876 | -€13,879 | -21.8% |
| Operating profit (loss) | 9901 | €38,650 | €45,840 | +€7,190 | +18.6% |
| Financial income | 75/76B | €1,275 | €1,284 | +€9 | +0.7% |
| Recurring financial income | 75 | €1,275 | €1,284 | +€9 | +0.7% |
| Financial charges | 65/66B | €248 | €762 | +€513 | +206% |
| Recurring financial charges | 65 | €248 | €762 | +€513 | +206% |
| Profit (loss) for the period before taxes | 9903 | €39,677 | €46,362 | +€6,686 | +16.8% |
| Income taxes | 67/77 | €10,511 | €13,200 | +€2,688 | +25.6% |
| Profit (loss) for the period | 9904 | €29,165 | €33,163 | +€3,997 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,165 | €33,163 | +€3,997 | +13.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.