Accretor: 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.
Accretor
Largest movements
- Current investments -€70,000
down €70,000 (-100%), from €70,000 to €0
- Receivables within one year +€67,305
up €67,305 (+188%), from €35,707 to €103,012
of which Other amounts receivable: +€56,235
- Cash +€32,865
up €32,865 (+114%), from €28,806 to €61,671
mainly Current investments (+€70,000) and Net result for the year (+€14,985)
- Reserves +€14,985
new in 2025: €14,985
- Tax, wage and social debts +€14,117
up €14,117 (+186%), from €7,574 to €21,691
- Gross operating margin -€237,699
down €237,699 (-88.2%), from €269,480 to €31,782
- Taxes -€52,209
down €52,209 (-75.1%), from €69,474 to €17,265
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 | €342,385 | €372,554 | +€30,170 | +8.8% |
| Fixed assets | 21/28 | €207,871 | €207,871 | = | 0.0% |
| Financial fixed assets | 28 | €207,871 | €207,871 | = | 0.0% |
| Current assets | 29/58 | €134,514 | €164,683 | +€30,170 | +22.4% |
| Amounts receivable within one year | 40/41 | €35,707 | €103,012 | +€67,305 | +188% |
| Trade receivables | 40 | €26,701 | €37,771 | +€11,070 | +41.5% |
| Other amounts receivable | 41 | €9,006 | €65,241 | +€56,235 | +624% |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100% |
| Cash at bank and in hand | 54/58 | €28,806 | €61,671 | +€32,865 | +114% |
| Total equity and liabilities | 10/49 | €342,385 | €372,554 | +€30,170 | +8.8% |
| Equity | 10/15 | €334,418 | €349,403 | +€14,985 | +4.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €14,985 | +€14,985 | |
| Distributable reserves | 133 | - | €14,985 | +€14,985 | |
| Profit (loss) carried forward | 14 | €322,018 | €322,018 | = | 0.0% |
| Amounts payable | 17/49 | €7,967 | €23,151 | +€15,185 | +191% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €7,967 | €23,151 | +€15,185 | +191% |
| Trade debts | 44 | €393 | €281 | -€112 | -28.4% |
| Suppliers | 440/4 | €393 | €281 | -€112 | -28.4% |
| Taxes, remuneration and social security | 45 | €7,574 | €21,691 | +€14,117 | +186% |
| Taxes | 450/3 | €7,574 | €21,691 | +€14,117 | +186% |
| Other amounts payable | 47/48 | €0 | €1,180 | +€1,180 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €430 | +€430 | |
| Other operating charges | 640/8 | €984 | €507 | -€477 | -48.5% |
| Gross operating margin | 9900 | €269,480 | €31,782 | -€237,699 | -88.2% |
| Operating profit (loss) | 9901 | €268,496 | €30,845 | -€237,651 | -88.5% |
| Financial income | 75/76B | €241 | €2,124 | +€1,882 | +780% |
| Recurring financial income | 75 | €241 | €2,124 | +€1,882 | +780% |
| Financial charges | 65/66B | €269 | €719 | +€449 | +167% |
| Recurring financial charges | 65 | €269 | €719 | +€449 | +167% |
| Profit (loss) for the period before taxes | 9903 | €268,468 | €32,250 | -€236,218 | -88.0% |
| Income taxes | 67/77 | €69,474 | €17,265 | -€52,209 | -75.1% |
| Profit (loss) for the period | 9904 | €198,994 | €14,985 | -€184,009 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €198,994 | €14,985 | -€184,009 | -92.5% |
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 18 October 2026 via checked.be.