ACCU & CO: 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.
ACCU & CO
Largest movements
- Cash -€49,406
down €49,406 (-12.4%), from €397,842 to €348,436
mainly Investment in fixed assets (net) (-€94,700) and Debts after one year (-€78,040)
- Stocks and contracts +€44,840
up €44,840 (+7.2%), from €618,976 to €663,816
- Receivables within one year +€37,841
up €37,841 (+33.5%), from €112,925 to €150,766
of which Trade receivables: +€29,884
- Reserves +€116,750
up €116,750 (+8.5%), from €1.4m to €1.5m
of which Distributable reserves: +€116,750
- Debts after one year -€78,040
down €78,040 (-20.8%), from €375,372 to €297,332
- Tax, wage and social debts -€41,008
down €41,008 (-44.2%), from €92,750 to €51,742
of which Taxes: -€41,008
- Trade debts +€22,496
up €22,496 (+74.3%), from €30,261 to €52,757
- Gross operating margin -€146,530
down €146,530 (-22.1%), from €662,477 to €515,947
- Staff costs -€58,425
down €58,425 (-21.1%), from €277,212 to €218,787
- Taxes -€13,481
down €13,481 (-18.0%), from €74,776 to €61,295
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 | €1,995,810 | €2,019,803 | +€23,994 | +1.2% |
| Fixed assets | 21/28 | €739,666 | €731,786 | -€7,880 | -1.1% |
| Tangible fixed assets | 22/27 | €737,416 | €729,536 | -€7,880 | -1.1% |
| Land and buildings | 22 | €593,829 | €567,497 | -€26,332 | -4.4% |
| Plant, machinery and equipment | 23 | €45,306 | €37,258 | -€8,048 | -17.8% |
| Furniture and vehicles | 24 | €98,281 | €124,781 | +€26,500 | +27.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €1,256,144 | €1,288,018 | +€31,874 | +2.5% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €618,976 | €663,816 | +€44,840 | +7.2% |
| Stocks | 30/36 | €618,976 | €663,816 | +€44,840 | +7.2% |
| Amounts receivable within one year | 40/41 | €112,925 | €150,766 | +€37,841 | +33.5% |
| Trade receivables | 40 | €112,925 | €142,810 | +€29,884 | +26.5% |
| Other amounts receivable | 41 | €0 | €7,956 | +€7,956 | |
| Cash at bank and in hand | 54/58 | €397,842 | €348,436 | -€49,406 | -12.4% |
| Deferred charges and accrued income | 490/1 | €1,400 | €0 | -€1,400 | -100% |
| Total equity and liabilities | 10/49 | €1,995,810 | €2,019,803 | +€23,994 | +1.2% |
| Equity | 10/15 | €1,399,873 | €1,516,623 | +€116,750 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,381,273 | €1,498,023 | +€116,750 | +8.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Distributable reserves | 133 | €1,381,273 | €1,498,023 | +€116,750 | +8.5% |
| Provisions and deferred taxes | 16 | €20,525 | €23,309 | +€2,785 | +13.6% |
| Provisions for liabilities and charges | 160/5 | €20,525 | €23,309 | +€2,785 | +13.6% |
| Environmental obligations | 163 | €20,525 | - | -€20,525 | |
| Other liabilities and charges | 164/5 | - | €23,309 | +€23,309 | |
| Amounts payable | 17/49 | €575,412 | €479,871 | -€95,541 | -16.6% |
| Amounts payable after more than one year | 17 | €375,372 | €297,332 | -€78,040 | -20.8% |
| Financial debts | 170/4 | €375,372 | €297,332 | -€78,040 | -20.8% |
| Amounts payable within one year | 42/48 | €199,770 | €182,539 | -€17,231 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €76,716 | €78,040 | +€1,324 | +1.7% |
| Trade debts | 44 | €30,261 | €52,757 | +€22,496 | +74.3% |
| Suppliers | 440/4 | €30,261 | €52,757 | +€22,496 | +74.3% |
| Taxes, remuneration and social security | 45 | €92,750 | €51,742 | -€41,008 | -44.2% |
| Taxes | 450/3 | €92,750 | €51,742 | -€41,008 | -44.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €43 | €0 | -€43 | -100% |
| Accrued charges and deferred income | 492/3 | €270 | €0 | -€270 | -100% |
| Remuneration, social security and pensions | 62 | €277,212 | €218,787 | -€58,425 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,193 | €102,581 | -€1,612 | -1.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,774 | €2,785 | -€989 | -26.2% |
| Other operating charges | 640/8 | €14,157 | €10,472 | -€3,685 | -26.0% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €662,477 | €515,947 | -€146,530 | -22.1% |
| Operating profit (loss) | 9901 | €263,141 | €181,323 | -€81,818 | -31.1% |
| Financial income | 75/76B | €1,400 | €4,440 | +€3,040 | +217% |
| Recurring financial income | 75 | €1,400 | €4,440 | +€3,040 | +217% |
| Financial charges | 65/66B | €9,283 | €7,717 | -€1,566 | -16.9% |
| Recurring financial charges | 65 | €9,283 | €7,717 | -€1,566 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €255,258 | €178,045 | -€77,213 | -30.2% |
| Income taxes | 67/77 | €74,776 | €61,295 | -€13,481 | -18.0% |
| Profit (loss) for the period | 9904 | €180,482 | €116,750 | -€63,732 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €180,482 | €116,750 | -€63,732 | -35.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.