ACH: 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.
ACH
Largest movements
- Cash -€27,555
down €27,555 (-48.8%), from €56,488 to €28,933
mainly Trade debts (-€13,571) and Net result for the year (-€10,169)
- Deferred charges and accrued income -€9,444
down €9,444 (-100.0%), from €9,444 to €0
- Tangible fixed assets +€5,924
up €5,924 (+116.8%), from €5,073 to €10,996
- Trade debts -€13,571
down €13,571 (-58.5%), from €23,183 to €9,612
- Profit (loss) carried forward -€10,169
down €10,169 (-10.0%), from €101,389 to €91,220
- Tax, wage and social debts -€7,070
down €7,070 (-26.8%), from €26,395 to €19,325
of which Taxes: -€10,361
- Gross operating margin -€91,509
down €91,509, from €83,143 to -€8,366
- Taxes -€16,004
down €16,004 (-100.0%), from €16,004 to €0
- Financial income +€2,535
up €2,535 (+943.0%), from €269 to €2,804
- Financial charges +€970
up €970 (+1540.9%), from €63 to €1,033
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 | €155,968 | €125,158 | -€30,810 | -19.8% |
| Fixed assets | 21/28 | €5,073 | €10,996 | +€5,924 | +116.8% |
| Tangible fixed assets | 22/27 | €5,073 | €10,996 | +€5,924 | +116.8% |
| Plant, machinery and equipment | 23 | €5,073 | €10,996 | +€5,924 | +116.8% |
| Current assets | 29/58 | €150,895 | €114,161 | -€36,733 | -24.3% |
| Amounts receivable within one year | 40/41 | €84,963 | €85,229 | +€266 | +0.3% |
| Trade receivables | 40 | €51,850 | €5,484 | -€46,367 | -89.4% |
| Other amounts receivable | 41 | €33,112 | €79,745 | +€46,633 | +140.8% |
| Cash at bank and in hand | 54/58 | €56,488 | €28,933 | -€27,555 | -48.8% |
| Deferred charges and accrued income | 490/1 | €9,444 | €0 | -€9,444 | -100.0% |
| Total equity and liabilities | 10/49 | €155,968 | €125,158 | -€30,810 | -19.8% |
| Equity | 10/15 | €106,389 | €96,220 | -€10,169 | -9.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,389 | €91,220 | -€10,169 | -10.0% |
| Amounts payable | 17/49 | €49,579 | €28,937 | -€20,641 | -41.6% |
| Amounts payable within one year | 42/48 | €49,579 | €28,937 | -€20,641 | -41.6% |
| Trade debts | 44 | €23,183 | €9,612 | -€13,571 | -58.5% |
| Suppliers | 440/4 | €23,183 | €9,612 | -€13,571 | -58.5% |
| Taxes, remuneration and social security | 45 | €26,395 | €19,325 | -€7,070 | -26.8% |
| Taxes | 450/3 | €26,395 | €16,034 | -€10,361 | -39.3% |
| Remuneration and social security | 454/9 | - | €3,291 | +€3,291 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,039 | €2,852 | -€187 | -6.2% |
| Other operating charges | 640/8 | €488 | €721 | +€233 | +47.7% |
| Gross operating margin | 9900 | €83,143 | -€8,366 | -€91,509 | |
| Operating profit (loss) | 9901 | €79,616 | -€11,939 | -€91,555 | |
| Financial income | 75/76B | €269 | €2,804 | +€2,535 | +943.0% |
| Recurring financial income | 75 | €269 | €2,804 | +€2,535 | +943.0% |
| Financial charges | 65/66B | €63 | €1,033 | +€970 | +1540.9% |
| Recurring financial charges | 65 | €63 | €1,033 | +€970 | +1540.9% |
| Profit (loss) for the period before taxes | 9903 | €79,822 | -€10,169 | -€89,990 | |
| Income taxes | 67/77 | €16,004 | €0 | -€16,004 | -100.0% |
| Profit (loss) for the period | 9904 | €63,817 | -€10,169 | -€73,986 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,817 | -€10,169 | -€73,986 |
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 5 October 2026 via checked.be.