ACHAMAU: 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.
ACHAMAU
Largest movements
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Cash +€21,415
up €21,415 (+19.3%), from €111,135 to €132,550
mainly Current investments (+€40,000) and Stocks and contracts (+€6,250)
- Stocks and contracts -€6,250
no longer reported in 2025 (was €6,250)
- Receivables within one year +€2,682
up €2,682 (+44.9%), from €5,973 to €8,655
of which Other amounts receivable: +€2,623
- Tangible fixed assets -€2,049
down €2,049 (-62.9%), from €3,256 to €1,207
of which Plant, machinery and equipment: -€1,480
- Reserves -€15,803
down €15,803 (-11.3%), from €140,244 to €124,441
of which Distributable reserves: -€13,943
- Other debts -€3,255
down €3,255 (-78.6%), from €4,144 to €888
- Trade debts -€2,729
no longer reported in 2025 (was €2,729)
- Staff costs +€24,475
up €24,475 (+24.7%), from €99,123 to €123,597
- Gross operating margin +€10,316
up €10,316 (+10.9%), from €94,481 to €104,797
- Financial income +€5,941
up €5,941 (+313%), from €1,900 to €7,842
- Depreciation -€1,225
down €1,225 (-37.4%), from €3,274 to €2,049
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 | €166,614 | €142,412 | -€24,202 | -14.5% |
| Fixed assets | 21/28 | €3,256 | €1,207 | -€2,049 | -62.9% |
| Tangible fixed assets | 22/27 | €3,256 | €1,207 | -€2,049 | -62.9% |
| Plant, machinery and equipment | 23 | €1,862 | €382 | -€1,480 | -79.5% |
| Furniture and vehicles | 24 | €1,394 | €826 | -€569 | -40.8% |
| Current assets | 29/58 | €163,358 | €141,205 | -€22,153 | -13.6% |
| Stocks and contracts in progress | 3 | €6,250 | - | -€6,250 | |
| Stocks | 30/36 | €6,250 | - | -€6,250 | |
| Amounts receivable within one year | 40/41 | €5,973 | €8,655 | +€2,682 | +44.9% |
| Trade receivables | 40 | - | €58 | +€58 | |
| Other amounts receivable | 41 | €5,973 | €8,596 | +€2,623 | +43.9% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €111,135 | €132,550 | +€21,415 | +19.3% |
| Total equity and liabilities | 10/49 | €166,614 | €142,412 | -€24,202 | -14.5% |
| Equity | 10/15 | €158,844 | €141,524 | -€17,320 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,244 | €124,441 | -€15,803 | -11.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €138,384 | €124,441 | -€13,943 | -10.1% |
| Profit (loss) carried forward | 14 | - | -€1,517 | -€1,517 | |
| Amounts payable | 17/49 | €7,771 | €888 | -€6,882 | -88.6% |
| Amounts payable within one year | 42/48 | €7,771 | €888 | -€6,882 | -88.6% |
| Trade debts | 44 | €2,729 | - | -€2,729 | |
| Suppliers | 440/4 | €2,729 | - | -€2,729 | |
| Taxes, remuneration and social security | 45 | €899 | - | -€899 | |
| Remuneration and social security | 454/9 | €899 | - | -€899 | |
| Other amounts payable | 47/48 | €4,144 | €888 | -€3,255 | -78.6% |
| Remuneration, social security and pensions | 62 | €99,123 | €123,597 | +€24,475 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,274 | €2,049 | -€1,225 | -37.4% |
| Other operating charges | 640/8 | €1,198 | €1,672 | +€474 | +39.5% |
| Non-recurring operating charges | 66A | - | €1,339 | +€1,339 | |
| Gross operating margin | 9900 | €94,481 | €104,797 | +€10,316 | +10.9% |
| Operating profit (loss) | 9901 | -€9,113 | -€23,860 | -€14,747 | -162% |
| Financial income | 75/76B | €1,900 | €7,842 | +€5,941 | +313% |
| Recurring financial income | 75 | €1,900 | €7,842 | +€5,941 | +313% |
| Financial charges | 65/66B | €856 | €1,302 | +€446 | +52.0% |
| Recurring financial charges | 65 | €856 | €1,302 | +€446 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,069 | -€17,320 | -€9,251 | -115% |
| Profit (loss) for the period | 9904 | -€8,069 | -€17,320 | -€9,251 | -115% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,069 | -€17,320 | -€9,251 | -115% |
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 17 October 2026 via checked.be.