ACCOVISION: what changed
Two fiscal 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.
ACCOVISION
Largest movements
- Receivables within one year -€22,225
down €22,225 (-67.4%), from €32,961 to €10,736
of which Trade receivables: -€21,974
- Cash -€4,638
down €4,638 (-37.0%), from €12,553 to €7,915
- Tangible fixed assets +€1,508
up €1,508 (+57.7%), from €2,616 to €4,124
- Deferred charges and accrued income -€1,000
down €1,000 (-56.4%), from €1,775 to €775
- Reserves -€12,918
down €12,918 (-40.6%), from €31,813 to €18,895
- Tax, wage and social debts -€9,135
down €9,135 (-77.4%), from €11,796 to €2,661
- Current portion of long-term debt -€2,644
no longer reported in 2025 (was €2,644)
- Trade debts -€1,271
down €1,271 (-48.2%), from €2,636 to €1,365
- Gross operating margin -€21,086
down €21,086, from €13,295 to -€7,792
- Depreciation -€4,739
down €4,739 (-86.3%), from €5,494 to €754
- Taxes -€2,513
down €2,513 (-91.5%), from €2,746 to €233
- Write-downs +€2,400
no longer reported in 2025 (was -€2,400)
- Financial charges -€1,330
down €1,330 (-81.2%), from €1,637 to €307
of which Financial charges: -€1,225
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,818 | €25,471 | -€26,348 | -50.8% |
| Fixed assets | 21/28 | €4,358 | €5,872 | +€1,514 | +34.8% |
| Intangible fixed assets | 21 | €1,000 | €1,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,616 | €4,124 | +€1,508 | +57.7% |
| Furniture and vehicles | 24 | €2,616 | €4,124 | +€1,508 | +57.7% |
| Financial fixed assets | 28 | €742 | €748 | +€6 | +0.8% |
| Current assets | 29/58 | €47,461 | €19,598 | -€27,862 | -58.7% |
| Amounts receivable within one year | 40/41 | €32,961 | €10,736 | -€22,225 | -67.4% |
| Trade receivables | 40 | €32,283 | €10,310 | -€21,974 | -68.1% |
| Other amounts receivable | 41 | €678 | €427 | -€251 | -37.1% |
| Current investments | 50/53 | €172 | €173 | +€1 | +0.9% |
| Cash at bank and in hand | 54/58 | €12,553 | €7,915 | -€4,638 | -37.0% |
| Deferred charges and accrued income | 490/1 | €1,775 | €775 | -€1,000 | -56.4% |
| Total equity and liabilities | 10/49 | €51,818 | €25,471 | -€26,348 | -50.8% |
| Equity | 10/15 | €31,813 | €18,895 | -€12,918 | -40.6% |
| Reserves | 13 | €31,813 | €18,895 | -€12,918 | -40.6% |
| Distributable reserves | 133 | €31,813 | €18,895 | -€12,918 | -40.6% |
| Amounts payable | 17/49 | €20,005 | €6,575 | -€13,429 | -67.1% |
| Amounts payable within one year | 42/48 | €20,005 | €6,575 | -€13,429 | -67.1% |
| Current portion of amounts payable after more than one year | 42 | €2,644 | - | -€2,644 | |
| Trade debts | 44 | €2,636 | €1,365 | -€1,271 | -48.2% |
| Suppliers | 440/4 | €2,636 | €1,365 | -€1,271 | -48.2% |
| Taxes, remuneration and social security | 45 | €11,796 | €2,661 | -€9,135 | -77.4% |
| Taxes | 450/3 | €11,796 | €2,661 | -€9,135 | -77.4% |
| Other amounts payable | 47/48 | €2,930 | €2,550 | -€380 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,494 | €754 | -€4,739 | -86.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,400 | - | +€2,400 | |
| Other operating charges | 640/8 | €2,794 | €2,192 | -€602 | -21.5% |
| Gross operating margin | 9900 | €13,295 | -€7,792 | -€21,086 | |
| Operating profit (loss) | 9901 | €7,407 | -€10,738 | -€18,145 | |
| Financial income | 75/76B | €505 | €78 | -€427 | -84.5% |
| Recurring financial income | 75 | €505 | €78 | -€427 | -84.5% |
| Financial charges | 65/66B | €1,637 | €307 | -€1,330 | -81.2% |
| Recurring financial charges | 65 | €1,532 | €307 | -€1,225 | -80.0% |
| Non-recurring financial charges | 66B | €105 | - | -€105 | |
| Profit (loss) for the period before taxes | 9903 | €6,275 | -€10,967 | -€17,241 | |
| Income taxes | 67/77 | €2,746 | €233 | -€2,513 | -91.5% |
| Profit (loss) for the period | 9904 | €3,528 | -€11,200 | -€14,729 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,528 | -€11,200 | -€14,729 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.