Accretio Ventures: 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.
Accretio Ventures
Largest movements
- Cash +€101,519
up €101,519 (+94.3%), from €107,666 to €209,185
mainly Net result for the year (+€344,326) and Other debts (+€63,218)
- Receivables within one year +€73,634
up €73,634 (+95.9%), from €76,762 to €150,396
of which Trade receivables: +€54,885
- Financial fixed assets +€11,705
up €11,705 (+117%), from €10,000 to €21,705
- Tangible fixed assets -€8,206
down €8,206 (-5.8%), from €140,997 to €132,791
of which Land and buildings: -€8,601
- Reserves +€144,326
up €144,326 (+71.1%), from €202,882 to €347,208
- Other debts +€63,218
up €63,218 (+114%), from €55,260 to €118,477
- Tax, wage and social debts -€49,514
down €49,514 (-90.9%), from €54,470 to €4,956
of which Taxes: -€51,167
- Trade debts +€18,380
up €18,380 (+235%), from €7,835 to €26,215
- Gross operating margin +€321,318
up €321,318 (+212%), from €151,685 to €473,003
- Taxes +€71,879
up €71,879 (+182%), from €39,470 to €111,349
- Financial charges +€4,891
up €4,891 (+187%), from €2,620 to €7,511
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €339,046 | €517,639 | +€178,593 | +52.7% |
| Fixed assets | 21/28 | €150,997 | €154,496 | +€3,499 | +2.3% |
| Tangible fixed assets | 22/27 | €140,997 | €132,791 | -€8,206 | -5.8% |
| Land and buildings | 22 | €136,788 | €128,187 | -€8,601 | -6.3% |
| Furniture and vehicles | 24 | €4,209 | €4,604 | +€395 | +9.4% |
| Financial fixed assets | 28 | €10,000 | €21,705 | +€11,705 | +117% |
| Current assets | 29/58 | €188,049 | €363,143 | +€175,094 | +93.1% |
| Amounts receivable within one year | 40/41 | €76,762 | €150,396 | +€73,634 | +95.9% |
| Trade receivables | 40 | €39,547 | €94,432 | +€54,885 | +139% |
| Other amounts receivable | 41 | €37,215 | €55,964 | +€18,749 | +50.4% |
| Cash at bank and in hand | 54/58 | €107,666 | €209,185 | +€101,519 | +94.3% |
| Deferred charges and accrued income | 490/1 | €3,621 | €3,561 | -€59 | -1.6% |
| Total equity and liabilities | 10/49 | €339,046 | €517,639 | +€178,593 | +52.7% |
| Equity | 10/15 | €221,482 | €365,808 | +€144,326 | +65.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,882 | €347,208 | +€144,326 | +71.1% |
| Distributable reserves | 133 | €202,882 | €347,208 | +€144,326 | +71.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €117,564 | €151,831 | +€34,266 | +29.1% |
| Amounts payable within one year | 42/48 | €117,564 | €149,649 | +€32,084 | +27.3% |
| Trade debts | 44 | €7,835 | €26,215 | +€18,380 | +235% |
| Suppliers | 440/4 | €7,835 | €26,215 | +€18,380 | +235% |
| Taxes, remuneration and social security | 45 | €54,470 | €4,956 | -€49,514 | -90.9% |
| Taxes | 450/3 | €54,470 | €3,302 | -€51,167 | -93.9% |
| Remuneration and social security | 454/9 | - | €1,654 | +€1,654 | |
| Other amounts payable | 47/48 | €55,260 | €118,477 | +€63,218 | +114% |
| Accrued charges and deferred income | 492/3 | - | €2,182 | +€2,182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,271 | €9,957 | -€1,314 | -11.7% |
| Other operating charges | 640/8 | €516 | €528 | +€12 | +2.3% |
| Gross operating margin | 9900 | €151,685 | €473,003 | +€321,318 | +212% |
| Operating profit (loss) | 9901 | €139,898 | €462,519 | +€322,621 | +231% |
| Financial income | 75/76B | €958 | €668 | -€289 | -30.2% |
| Recurring financial income | 75 | €958 | €668 | -€289 | -30.2% |
| Financial charges | 65/66B | €2,620 | €7,511 | +€4,891 | +187% |
| Recurring financial charges | 65 | €2,620 | €7,511 | +€4,891 | +187% |
| Profit (loss) for the period before taxes | 9903 | €138,236 | €455,676 | +€317,440 | +230% |
| Income taxes | 67/77 | €39,470 | €111,349 | +€71,879 | +182% |
| Profit (loss) for the period | 9904 | €98,766 | €344,326 | +€245,561 | +249% |
| Profit (loss) for the period to be appropriated | 9905 | €98,766 | €344,326 | +€245,561 | +249% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.