ACCURATE MANAGEMENT: 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.
ACCURATE MANAGEMENT
Largest movements
- Cash -€33,449
down €33,449 (-83.8%), from €39,939 to €6,490
mainly Contributions, distributions and other (-€78,206) and Receivables within one year (-€22,962)
- Receivables within one year +€22,962
up €22,962 (+76.8%), from €29,888 to €52,850
of which Other amounts receivable: +€19,435
- Current investments +€8,000
up €8,000 (+6.7%), from €118,992 to €126,992
- Other debts +€62,305
up €62,305 (+543%), from €11,482 to €73,787
- Reserves -€48,032
down €48,032 (-31.8%), from €151,003 to €102,971
of which Distributable reserves: -€48,032
- Tax, wage and social debts -€9,815
down €9,815 (-40.6%), from €24,152 to €14,337
- Debts after one year -€9,147
down €9,147 (-10.4%), from €88,320 to €79,173
- Gross operating margin -€17,527
down €17,527 (-22.6%), from €77,557 to €60,030
- Taxes -€6,829
down €6,829 (-35.7%), from €19,119 to €12,290
- Depreciation +€1,370
up €1,370 (+10.8%), from €12,652 to €14,022
- Financial charges +€848
up €848 (+46.9%), from €1,808 to €2,656
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 | €313,786 | €311,305 | -€2,481 | -0.8% |
| Fixed assets | 21/28 | €124,967 | €124,221 | -€746 | -0.6% |
| Tangible fixed assets | 22/27 | €121,904 | €121,283 | -€621 | -0.5% |
| Land and buildings | 22 | €121,571 | €113,053 | -€8,518 | -7.0% |
| Plant, machinery and equipment | 23 | - | €2,969 | +€2,969 | |
| Furniture and vehicles | 24 | €333 | €5,261 | +€4,928 | +1,480% |
| Financial fixed assets | 28 | €3,063 | €2,938 | -€125 | -4.1% |
| Current assets | 29/58 | €188,819 | €187,083 | -€1,736 | -0.9% |
| Amounts receivable within one year | 40/41 | €29,888 | €52,850 | +€22,962 | +76.8% |
| Trade receivables | 40 | €29,888 | €33,415 | +€3,527 | +11.8% |
| Other amounts receivable | 41 | - | €19,435 | +€19,435 | |
| Current investments | 50/53 | €118,992 | €126,992 | +€8,000 | +6.7% |
| Cash at bank and in hand | 54/58 | €39,939 | €6,490 | -€33,449 | -83.8% |
| Deferred charges and accrued income | 490/1 | - | €752 | +€752 | |
| Total equity and liabilities | 10/49 | €313,786 | €311,305 | -€2,481 | -0.8% |
| Equity | 10/15 | €169,603 | €121,571 | -€48,032 | -28.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,003 | €102,971 | -€48,032 | -31.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €149,143 | €101,111 | -€48,032 | -32.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €144,183 | €189,733 | +€45,550 | +31.6% |
| Amounts payable after more than one year | 17 | €88,320 | €79,173 | -€9,147 | -10.4% |
| Financial debts | 170/4 | €88,320 | €79,173 | -€9,147 | -10.4% |
| Amounts payable within one year | 42/48 | €55,863 | €110,560 | +€54,697 | +97.9% |
| Current portion of amounts payable after more than one year | 42 | €13,262 | €13,699 | +€437 | +3.3% |
| Trade debts | 44 | €6,967 | €8,738 | +€1,771 | +25.4% |
| Suppliers | 440/4 | €6,967 | €8,738 | +€1,771 | +25.4% |
| Taxes, remuneration and social security | 45 | €24,152 | €14,337 | -€9,815 | -40.6% |
| Taxes | 450/3 | €24,152 | €14,337 | -€9,815 | -40.6% |
| Other amounts payable | 47/48 | €11,482 | €73,787 | +€62,305 | +543% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,652 | €14,022 | +€1,370 | +10.8% |
| Other operating charges | 640/8 | €1,985 | €1,993 | +€8 | +0.4% |
| Gross operating margin | 9900 | €77,557 | €60,030 | -€17,527 | -22.6% |
| Operating profit (loss) | 9901 | €62,920 | €44,015 | -€18,905 | -30.0% |
| Financial income | 75/76B | €417 | €1,106 | +€689 | +165% |
| Recurring financial income | 75 | €417 | €1,106 | +€689 | +165% |
| Financial charges | 65/66B | €1,808 | €2,656 | +€848 | +46.9% |
| Recurring financial charges | 65 | €1,808 | €2,656 | +€848 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | €61,529 | €42,465 | -€19,064 | -31.0% |
| Income taxes | 67/77 | €19,119 | €12,290 | -€6,829 | -35.7% |
| Profit (loss) for the period | 9904 | €42,410 | €30,174 | -€12,236 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,410 | €30,174 | -€12,236 | -28.9% |
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 21 October 2026 via checked.be.