ACHAOUI & 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.
What changed
ACHAOUI & Co
NACE 47.530, Retail trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€24,820
2023 · -€77,358+€102,178
Equity
€1.2m
2023 · €1.2m-€19,253
Cash
€34,345
2023 · €37,701-€3,356
Balance sheet total
€4.3m
2023 · €4.3m-€71,566
Largest movements
Assets
- Tangible fixed assets -€56,228
down €56,228 (-3.1%), from €1.8m to €1.8m
of which Land and buildings: -€44,286
Equity and liabilities
- Debts after one year -€104,313
down €104,313 (-9.5%), from €1.1m to €993,991
- Investment grants -€44,073
down €44,073 (-44.9%), from €98,138 to €54,065
Income statement
- Staff costs -€74,183
down €74,183 (-38.3%), from €193,573 to €119,390
- Gross operating margin +€20,987
up €20,987 (+7.3%), from €288,222 to €309,209
From the 2023 result to the 2024 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.
Result 2023
-€77,358
Gross operating margin
+€20,987
Staff costs
+€74,183
Depreciation
+€1,619
Other operating charges
-€212
Other operating items
+€2,013
Financial income
+€106
Financial charges
+€2,552
Taxes
+€650
Deferred taxes and other
+€280
Result 2024
€24,820
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€157,273
Investment
-€15,326
Financing
-€145,303
Cash 2023
€37,701
From operations (derived)
+€157,273
Net result for the year
+€24,820
Depreciation
+€71,588
Stocks and contracts
-€16,018
Receivables within one year
+€26,884
Deferred charges and accrued income
+€1,082
Provisions
-€18,651
Trade debts
-€2,326
Tax, wage and social debts
+€34,468
Other debts
+€34,326
Accrued charges and deferred income
+€1,100
Investment (derived)
-€15,326
Investment in fixed assets (net)
-€15,326
Financing
-€145,303
Debts after one year
-€104,313
Short-term financial debts
+€3,083
Contributions, distributions and other
-€44,073
Cash 2024
€34,345
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,341,876 | €4,270,310 | -€71,566 | -1.6% |
| Fixed assets | 21/28 | €1,943,850 | €1,887,588 | -€56,262 | -2.9% |
| Tangible fixed assets | 22/27 | €1,826,577 | €1,770,349 | -€56,228 | -3.1% |
| Land and buildings | 22 | €1,792,472 | €1,748,186 | -€44,286 | -2.5% |
| Plant, machinery and equipment | 23 | €990 | €1,600 | +€610 | +61.6% |
| Furniture and vehicles | 24 | €33,115 | €20,563 | -€12,552 | -37.9% |
| Financial fixed assets | 28 | €117,273 | €117,239 | -€34 | 0.0% |
| Current assets | 29/58 | €2,398,026 | €2,382,722 | -€15,304 | -0.6% |
| Stocks and contracts in progress | 3 | €1,365,617 | €1,381,635 | +€16,018 | +1.2% |
| Stocks | 30/36 | €1,365,617 | €1,381,635 | +€16,018 | +1.2% |
| Amounts receivable within one year | 40/41 | €985,540 | €958,656 | -€26,884 | -2.7% |
| Trade receivables | 40 | €497,963 | €496,882 | -€1,081 | -0.2% |
| Other amounts receivable | 41 | €487,577 | €461,774 | -€25,803 | -5.3% |
| Cash at bank and in hand | 54/58 | €37,701 | €34,345 | -€3,356 | -8.9% |
| Deferred charges and accrued income | 490/1 | €9,168 | €8,086 | -€1,082 | -11.8% |
| Total equity and liabilities | 10/49 | €4,341,876 | €4,270,310 | -€71,566 | -1.6% |
| Equity | 10/15 | €1,227,459 | €1,208,206 | -€19,253 | -1.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €440,477 | €424,636 | -€15,841 | -3.6% |
| Tax-exempt reserves | 132 | €432,977 | €417,136 | -€15,841 | -3.7% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €613,844 | €654,505 | +€40,661 | +6.6% |
| Investment grants | 15 | €98,138 | €54,065 | -€44,073 | -44.9% |
| Provisions and deferred taxes | 16 | €140,957 | €122,306 | -€18,651 | -13.2% |
| Deferred taxes | 168 | €140,957 | €122,306 | -€18,651 | -13.2% |
| Amounts payable | 17/49 | €2,973,460 | €2,939,798 | -€33,662 | -1.1% |
| Amounts payable after more than one year | 17 | €1,098,304 | €993,991 | -€104,313 | -9.5% |
| Financial debts | 170/4 | €1,098,304 | €993,991 | -€104,313 | -9.5% |
| Amounts payable within one year | 42/48 | €1,846,256 | €1,915,807 | +€69,551 | +3.8% |
| Financial debts | 43 | €226,230 | €229,313 | +€3,083 | +1.4% |
| Credit institutions | 430/8 | €226,230 | €229,313 | +€3,083 | +1.4% |
| Trade debts | 44 | €1,496,617 | €1,494,291 | -€2,326 | -0.2% |
| Suppliers | 440/4 | €1,496,617 | €1,494,291 | -€2,326 | -0.2% |
| Taxes, remuneration and social security | 45 | €42,117 | €76,585 | +€34,468 | +81.8% |
| Taxes | 450/3 | €10,587 | €37,490 | +€26,903 | +254% |
| Remuneration and social security | 454/9 | €31,530 | €39,095 | +€7,565 | +24.0% |
| Other amounts payable | 47/48 | €81,292 | €115,618 | +€34,326 | +42.2% |
| Accrued charges and deferred income | 492/3 | €28,900 | €30,000 | +€1,100 | +3.8% |
| Remuneration, social security and pensions | 62 | €193,573 | €119,390 | -€74,183 | -38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,207 | €71,588 | -€1,619 | -2.2% |
| Other operating charges | 640/8 | €36,270 | €36,482 | +€212 | +0.6% |
| Non-recurring operating charges | 66A | €2,013 | - | -€2,013 | |
| Gross operating margin | 9900 | €288,222 | €309,209 | +€20,987 | +7.3% |
| Operating profit (loss) | 9901 | -€16,841 | €81,749 | +€98,590 | |
| Financial income | 75/76B | €21,622 | €21,728 | +€106 | +0.5% |
| Recurring financial income | 75 | €21,622 | €21,728 | +€106 | +0.5% |
| Financial charges | 65/66B | €87,355 | €84,803 | -€2,552 | -2.9% |
| Recurring financial charges | 65 | €87,355 | €84,803 | -€2,552 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€82,574 | €18,674 | +€101,248 | |
| Transfer from deferred taxes | 780 | €5,898 | €6,178 | +€280 | +4.7% |
| Income taxes | 67/77 | €682 | €32 | -€650 | -95.3% |
| Profit (loss) for the period | 9904 | -€77,358 | €24,820 | +€102,178 | |
| Transfer from tax-exempt reserves | 789 | €15,841 | €15,841 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,517 | €40,661 | +€102,178 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.