ACHELIA: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
ACHELIA
Largest movements
- Stocks and contracts -€19,460
down €19,460 (-15.6%), from €124,835 to €105,375
- Tangible fixed assets -€7,044
down €7,044 (-31.6%), from €22,291 to €15,247
- Receivables within one year -€6,481
down €6,481 (-78.4%), from €8,263 to €1,782
of which Trade receivables: -€6,470
- Debts after one year -€12,755
down €12,755 (-74.6%), from €17,091 to €4,336
- Profit (loss) carried forward -€9,503
down €9,503, from €9,360 to -€143
- Other debts -€6,116
down €6,116 (-5.7%), from €108,135 to €102,020
- Tax, wage and social debts -€4,370
down €4,370 (-75.0%), from €5,830 to €1,460
- Gross operating margin -€9,023
down €9,023, from €7,800 to -€1,223
- Taxes +€696
up €696 (+97.1%), from -€717 to -€21
- Financial charges -€537
down €537 (-33.2%), from €1,616 to €1,079
- Other operating charges +€100
up €100 (+80.0%), from €125 to €225
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,414 | €122,428 | -€32,986 | -21.2% |
| Fixed assets | 21/28 | €22,291 | €15,247 | -€7,044 | -31.6% |
| Tangible fixed assets | 22/27 | €22,291 | €15,247 | -€7,044 | -31.6% |
| Furniture and vehicles | 24 | €22,291 | €15,247 | -€7,044 | -31.6% |
| Current assets | 29/58 | €133,123 | €107,181 | -€25,942 | -19.5% |
| Stocks and contracts in progress | 3 | €124,835 | €105,375 | -€19,460 | -15.6% |
| Stocks | 30/36 | €124,835 | €105,375 | -€19,460 | -15.6% |
| Amounts receivable within one year | 40/41 | €8,263 | €1,782 | -€6,481 | -78.4% |
| Trade receivables | 40 | €8,223 | €1,753 | -€6,470 | -78.7% |
| Other amounts receivable | 41 | €40 | €29 | -€11 | -26.9% |
| Cash at bank and in hand | 54/58 | €25 | €24 | -€1 | -3.9% |
| Total equity and liabilities | 10/49 | €155,414 | €122,428 | -€32,986 | -21.2% |
| Equity | 10/15 | €11,360 | €1,857 | -€9,503 | -83.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,360 | -€143 | -€9,503 | |
| Amounts payable | 17/49 | €144,054 | €120,571 | -€23,483 | -16.3% |
| Amounts payable after more than one year | 17 | €17,091 | €4,336 | -€12,755 | -74.6% |
| Financial debts | 170/4 | €17,091 | €4,336 | -€12,755 | -74.6% |
| Amounts payable within one year | 42/48 | €126,963 | €116,235 | -€10,728 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €12,382 | €12,755 | +€373 | +3.0% |
| Trade debts | 44 | €616 | - | -€616 | |
| Suppliers | 440/4 | €616 | - | -€616 | |
| Taxes, remuneration and social security | 45 | €5,830 | €1,460 | -€4,370 | -75.0% |
| Taxes | 450/3 | €5,830 | €1,460 | -€4,370 | -75.0% |
| Other amounts payable | 47/48 | €108,135 | €102,020 | -€6,116 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,044 | €7,044 | = | 0.0% |
| Other operating charges | 640/8 | €125 | €225 | +€100 | +80.0% |
| Gross operating margin | 9900 | €7,800 | -€1,223 | -€9,023 | |
| Operating profit (loss) | 9901 | €631 | -€8,492 | -€9,123 | |
| Financial income | 75/76B | €5 | €47 | +€42 | +834% |
| Recurring financial income | 75 | €5 | €47 | +€42 | +834% |
| Financial charges | 65/66B | €1,616 | €1,079 | -€537 | -33.2% |
| Recurring financial charges | 65 | €1,616 | €1,079 | -€537 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€980 | -€9,524 | -€8,544 | -871% |
| Income taxes | 67/77 | -€717 | -€21 | +€696 | +97.1% |
| Profit (loss) for the period | 9904 | -€264 | -€9,503 | -€9,239 | -3,506% |
| Profit (loss) for the period to be appropriated | 9905 | -€264 | -€9,503 | -€9,239 | -3,506% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.