ACCTO: 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.
ACCTO
Largest movements
- Tangible fixed assets -€163,748
down €163,748 (-17.1%), from €955,174 to €791,426
of which Land and buildings: -€129,989
- Cash +€134,105
up €134,105 (+20.1%), from €666,280 to €800,384
mainly Depreciation (+€191,832) and Tax, wage and social debts (+€84,658)
- Deferred charges and accrued income +€59,413
up €59,413 (+392.1%), from €15,151 to €74,564
- Receivables within one year +€40,899
up €40,899 (+5.4%), from €760,286 to €801,185
- Receivables after one year +€40,000
up €40,000 (+16.7%), from €239,675 to €279,675
- Tax, wage and social debts +€84,658
up €84,658 (+53.2%), from €159,086 to €243,744
of which Remuneration and social security: +€97,039
- Trade debts +€58,199
up €58,199 (+78.9%), from €73,766 to €131,965
- Debts after one year -€52,500
down €52,500 (-5.4%), from €967,040 to €914,540
- Reserves +€46,084
up €46,084 (+129.0%), from €35,711 to €81,795
- Staff costs +€79,069
up €79,069 (+5.9%), from €1.3m to €1.4m
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 | €2,642,727 | €2,752,401 | +€109,674 | +4.2% |
| Fixed assets | 21/28 | €961,336 | €796,593 | -€164,742 | -17.1% |
| Intangible fixed assets | 21 | €2,442 | €1,447 | -€995 | -40.7% |
| Tangible fixed assets | 22/27 | €955,174 | €791,426 | -€163,748 | -17.1% |
| Land and buildings | 22 | €771,294 | €641,306 | -€129,989 | -16.9% |
| Plant, machinery and equipment | 23 | €59,427 | €63,145 | +€3,719 | +6.3% |
| Furniture and vehicles | 24 | €124,453 | €86,975 | -€37,478 | -30.1% |
| Financial fixed assets | 28 | €3,720 | €3,720 | = | 0.0% |
| Current assets | 29/58 | €1,681,392 | €1,955,808 | +€274,416 | +16.3% |
| Amounts receivable after more than one year | 29 | €239,675 | €279,675 | +€40,000 | +16.7% |
| Other amounts receivable | 291 | €239,675 | €279,675 | +€40,000 | +16.7% |
| Amounts receivable within one year | 40/41 | €760,286 | €801,185 | +€40,899 | +5.4% |
| Trade receivables | 40 | €760,286 | €801,185 | +€40,899 | +5.4% |
| Cash at bank and in hand | 54/58 | €666,280 | €800,384 | +€134,105 | +20.1% |
| Deferred charges and accrued income | 490/1 | €15,151 | €74,564 | +€59,413 | +392.1% |
| Total equity and liabilities | 10/49 | €2,642,727 | €2,752,401 | +€109,674 | +4.2% |
| Equity | 10/15 | €1,394,398 | €1,440,482 | +€46,084 | +3.3% |
| Contributions | 10/11 | €1,358,687 | €1,358,687 | = | 0.0% |
| Capital | 10 | €1,358,687 | €1,358,687 | = | 0.0% |
| Reserves | 13 | €35,711 | €81,795 | +€46,084 | +129.0% |
| Amounts payable | 17/49 | €1,248,329 | €1,311,920 | +€63,591 | +5.1% |
| Amounts payable after more than one year | 17 | €967,040 | €914,540 | -€52,500 | -5.4% |
| Financial debts | 170/4 | €967,040 | €914,540 | -€52,500 | -5.4% |
| Amounts payable within one year | 42/48 | €281,289 | €395,724 | +€114,435 | +40.7% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €20,000 | -€13,333 | -40.0% |
| Financial debts | 43 | €11,667 | - | -€11,667 | |
| Credit institutions | 430/8 | €11,667 | - | -€11,667 | |
| Trade debts | 44 | €73,766 | €131,965 | +€58,199 | +78.9% |
| Suppliers | 440/4 | €73,766 | €131,965 | +€58,199 | +78.9% |
| Advances received on contracts in progress | 46 | €3,436 | €14 | -€3,422 | -99.6% |
| Taxes, remuneration and social security | 45 | €159,086 | €243,744 | +€84,658 | +53.2% |
| Taxes | 450/3 | €20,083 | €7,702 | -€12,381 | -61.6% |
| Remuneration and social security | 454/9 | €139,003 | €236,042 | +€97,039 | +69.8% |
| Accrued charges and deferred income | 492/3 | - | €1,656 | +€1,656 | |
| Remuneration, social security and pensions | 62 | €1,347,254 | €1,426,323 | +€79,069 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,274 | €191,832 | +€558 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,232 | €3,428 | -€5,804 | -62.9% |
| Other operating charges | 640/8 | €24,730 | €27,013 | +€2,283 | +9.2% |
| Gross operating margin | 9900 | €1,707,551 | €1,695,391 | -€12,160 | -0.7% |
| Operating profit (loss) | 9901 | €135,061 | €46,795 | -€88,266 | -65.4% |
| Financial income | 75/76B | €8,650 | €12,075 | +€3,425 | +39.6% |
| Recurring financial income | 75 | €8,650 | €12,075 | +€3,425 | +39.6% |
| Financial charges | 65/66B | €14,548 | €11,964 | -€2,584 | -17.8% |
| Recurring financial charges | 65 | €14,548 | €11,964 | -€2,584 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €129,163 | €46,906 | -€82,257 | -63.7% |
| Income taxes | 67/77 | - | €823 | +€823 | |
| Profit (loss) for the period | 9904 | €129,163 | €46,084 | -€83,079 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €129,163 | €46,084 | -€83,079 | -64.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.