ACCRETIO: 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.
ACCRETIO
Largest movements
- Cash +€6,802
new in 2025: €6,802
mainly Net result for the year (+€11,876) and Tax, wage and social debts (+€2,747)
- Receivables within one year +€5,935
up €5,935 (+20.5%), from €28,983 to €34,918
of which Other amounts receivable: +€15,170
- Reserves +€11,076
up €11,076 (+401.1%), from €2,761 to €13,837
- Short-term financial debts -€3,743
no longer reported in 2025 (was €3,743)
- Tax, wage and social debts +€2,747
up €2,747 (+22.0%), from €12,488 to €15,236
- Trade debts +€2,095
up €2,095 (+62.6%), from €3,348 to €5,443
- Other debts +€560
new in 2025: €560
- Gross operating margin +€10,665
up €10,665 (+112.3%), from €9,494 to €20,159
- Taxes +€4,153
up €4,153 (+226.2%), from €1,836 to €5,989
- Depreciation -€1,446
down €1,446 (-89.0%), from €1,625 to €179
- Other operating charges +€1,368
up €1,368 (+238.5%), from €574 to €1,942
- Financial charges +€1,040
up €1,040 (+243.0%), from €428 to €1,468
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 | €32,141 | €44,877 | +€12,736 | +39.6% |
| Fixed assets | 21/28 | €179 | - | -€179 | |
| Tangible fixed assets | 22/27 | €179 | - | -€179 | |
| Furniture and vehicles | 24 | €179 | - | -€179 | |
| Current assets | 29/58 | €31,962 | €44,877 | +€12,915 | +40.4% |
| Amounts receivable within one year | 40/41 | €28,983 | €34,918 | +€5,935 | +20.5% |
| Trade receivables | 40 | €13,397 | €4,162 | -€9,235 | -68.9% |
| Other amounts receivable | 41 | €15,587 | €30,756 | +€15,170 | +97.3% |
| Cash at bank and in hand | 54/58 | - | €6,802 | +€6,802 | |
| Deferred charges and accrued income | 490/1 | €2,979 | €3,157 | +€178 | +6.0% |
| Total equity and liabilities | 10/49 | €32,141 | €44,877 | +€12,736 | +39.6% |
| Equity | 10/15 | €12,561 | €23,637 | +€11,076 | +88.2% |
| Contributions | 10/11 | €9,800 | €9,800 | = | 0.0% |
| Outside capital | 11 | €9,800 | €9,800 | = | 0.0% |
| Share premium | 1100/10 | €9,800 | €9,800 | = | 0.0% |
| Reserves | 13 | €2,761 | €13,837 | +€11,076 | +401.1% |
| Distributable reserves | 133 | €2,761 | €13,837 | +€11,076 | +401.1% |
| Amounts payable | 17/49 | €19,579 | €21,239 | +€1,660 | +8.5% |
| Amounts payable within one year | 42/48 | €19,579 | €21,239 | +€1,660 | +8.5% |
| Financial debts | 43 | €3,743 | - | -€3,743 | |
| Credit institutions | 430/8 | €3,743 | - | -€3,743 | |
| Trade debts | 44 | €3,348 | €5,443 | +€2,095 | +62.6% |
| Suppliers | 440/4 | €3,348 | €5,443 | +€2,095 | +62.6% |
| Taxes, remuneration and social security | 45 | €12,488 | €15,236 | +€2,747 | +22.0% |
| Taxes | 450/3 | €12,488 | €15,236 | +€2,747 | +22.0% |
| Other amounts payable | 47/48 | - | €560 | +€560 | |
| Remuneration, social security and pensions | 62 | - | €155 | +€155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,625 | €179 | -€1,446 | -89.0% |
| Other operating charges | 640/8 | €574 | €1,942 | +€1,368 | +238.5% |
| Gross operating margin | 9900 | €9,494 | €20,159 | +€10,665 | +112.3% |
| Operating profit (loss) | 9901 | €7,296 | €17,884 | +€10,588 | +145.1% |
| Financial income | 75/76B | €1,551 | €1,449 | -€102 | -6.6% |
| Recurring financial income | 75 | €1,551 | €1,449 | -€102 | -6.6% |
| Financial charges | 65/66B | €428 | €1,468 | +€1,040 | +243.0% |
| Recurring financial charges | 65 | €428 | €1,468 | +€1,040 | +243.0% |
| Profit (loss) for the period before taxes | 9903 | €8,419 | €17,865 | +€9,446 | +112.2% |
| Income taxes | 67/77 | €1,836 | €5,989 | +€4,153 | +226.2% |
| Profit (loss) for the period | 9904 | €6,583 | €11,876 | +€5,293 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,583 | €11,876 | +€5,293 | +80.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.