ACHÉ TERRA: 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.
ACHÉ TERRA
Largest movements
- Receivables within one year -€64,854
down €64,854 (-76.7%), from €84,584 to €19,730
of which Trade receivables: -€66,602
- Cash +€36,260
up €36,260 (+2,740%), from €1,323 to €37,583
mainly Receivables within one year (+€64,854) and Net result for the year (+€26,459)
- Financial fixed assets +€5,644
up €5,644 (+134%), from €4,200 to €9,844
- Trade debts -€46,824
down €46,824 (-91.8%), from €51,008 to €4,184
- Reserves +€24,786
new in 2025: €24,786
- Tax, wage and social debts -€6,978
down €6,978 (-25.1%), from €27,849 to €20,870
of which Remuneration and social security: -€24,594
- Advances received +€6,897
new in 2025: €6,897
- Debts after one year -€3,422
down €3,422 (-31.9%), from €10,740 to €7,318
- Taxes +€23,638
up €23,638, from -€10,150 to €13,488
- Gross operating margin +€11,371
up €11,371 (+34.0%), from €33,401 to €44,772
- Staff costs -€7,158
down €7,158 (-100%), from €7,158 to €0
- Depreciation -€6,150
down €6,150 (-89.7%), from €6,860 to €710
- Financial charges +€2,317
up €2,317 (+353%), from €657 to €2,973
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 | €93,197 | €69,537 | -€23,660 | -25.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,290 | €12,224 | +€4,934 | +67.7% |
| Intangible fixed assets | 21 | €860 | €424 | -€436 | -50.7% |
| Tangible fixed assets | 22/27 | €2,230 | €1,956 | -€274 | -12.3% |
| Plant, machinery and equipment | 23 | €2,230 | €1,956 | -€274 | -12.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €4,200 | €9,844 | +€5,644 | +134% |
| Current assets | 29/58 | €85,907 | €57,313 | -€28,594 | -33.3% |
| Amounts receivable within one year | 40/41 | €84,584 | €19,730 | -€64,854 | -76.7% |
| Trade receivables | 40 | €69,041 | €2,439 | -€66,602 | -96.5% |
| Other amounts receivable | 41 | €15,543 | €17,291 | +€1,749 | +11.3% |
| Cash at bank and in hand | 54/58 | €1,323 | €37,583 | +€36,260 | +2,740% |
| Total equity and liabilities | 10/49 | €93,197 | €69,537 | -€23,660 | -25.4% |
| Equity | 10/15 | €328 | €26,786 | +€26,459 | +8,075% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €24,786 | +€24,786 | |
| Distributable reserves | 133 | - | €24,786 | +€24,786 | |
| Profit (loss) carried forward | 14 | -€1,672 | €0 | +€1,672 | |
| Amounts payable | 17/49 | €92,870 | €42,750 | -€50,119 | -54.0% |
| Amounts payable after more than one year | 17 | €10,740 | €7,318 | -€3,422 | -31.9% |
| Financial debts | 170/4 | €10,740 | €7,318 | -€3,422 | -31.9% |
| Amounts payable within one year | 42/48 | €82,130 | €35,433 | -€46,697 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €3,273 | €3,422 | +€149 | +4.5% |
| Financial debts | 43 | - | €60 | +€60 | |
| Credit institutions | 430/8 | - | €60 | +€60 | |
| Trade debts | 44 | €51,008 | €4,184 | -€46,824 | -91.8% |
| Suppliers | 440/4 | €51,008 | €4,184 | -€46,824 | -91.8% |
| Advances received on contracts in progress | 46 | - | €6,897 | +€6,897 | |
| Taxes, remuneration and social security | 45 | €27,849 | €20,870 | -€6,978 | -25.1% |
| Taxes | 450/3 | €1,055 | €18,670 | +€17,615 | +1,669% |
| Remuneration and social security | 454/9 | €26,794 | €2,200 | -€24,594 | -91.8% |
| Remuneration, social security and pensions | 62 | €7,158 | €0 | -€7,158 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,860 | €710 | -€6,150 | -89.7% |
| Other operating charges | 640/8 | €1,410 | €1,423 | +€13 | +0.9% |
| Gross operating margin | 9900 | €33,401 | €44,772 | +€11,371 | +34.0% |
| Operating profit (loss) | 9901 | €17,973 | €42,639 | +€24,666 | +137% |
| Financial income | 75/76B | €720 | €281 | -€438 | -60.9% |
| Recurring financial income | 75 | €720 | €281 | -€438 | -60.9% |
| Financial charges | 65/66B | €657 | €2,973 | +€2,317 | +353% |
| Recurring financial charges | 65 | €657 | €2,973 | +€2,317 | +353% |
| Profit (loss) for the period before taxes | 9903 | €18,035 | €39,947 | +€21,912 | +121% |
| Income taxes | 67/77 | -€10,150 | €13,488 | +€23,638 | |
| Profit (loss) for the period | 9904 | €28,186 | €26,459 | -€1,727 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,186 | €26,459 | -€1,727 | -6.1% |
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.