ACHELMONT: 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.
ACHELMONT
Largest movements
- Receivables within one year +€36,279
up €36,279 (+6.4%), from €565,880 to €602,159
- Cash -€15,541
down €15,541 (-36.6%), from €42,496 to €26,955
mainly Receivables within one year (-€36,279) and Provisions (-€2,088)
- Tangible fixed assets -€11,775
down €11,775 (-4.9%), from €241,087 to €229,312
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€2,398
down €2,398 (-8.3%), from €28,947 to €26,550
- Depreciation +€587
up €587 (+5.2%), from €11,189 to €11,775
- Taxes -€526
down €526 (-15.6%), from €3,368 to €2,842
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 | €854,739 | €863,988 | +€9,249 | +1.1% |
| Fixed assets | 21/28 | €241,211 | €229,436 | -€11,775 | -4.9% |
| Tangible fixed assets | 22/27 | €241,087 | €229,312 | -€11,775 | -4.9% |
| Land and buildings | 22 | €241,087 | €229,312 | -€11,775 | -4.9% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €613,527 | €634,552 | +€21,025 | +3.4% |
| Amounts receivable within one year | 40/41 | €565,880 | €602,159 | +€36,279 | +6.4% |
| Other amounts receivable | 41 | €565,880 | €602,159 | +€36,279 | +6.4% |
| Cash at bank and in hand | 54/58 | €42,496 | €26,955 | -€15,541 | -36.6% |
| Deferred charges and accrued income | 490/1 | €5,152 | €5,439 | +€286 | +5.6% |
| Total equity and liabilities | 10/49 | €854,739 | €863,988 | +€9,249 | +1.1% |
| Equity | 10/15 | €841,721 | €849,148 | +€7,427 | +0.9% |
| Contributions | 10/11 | €508,200 | €508,200 | = | 0.0% |
| Capital | 10 | €508,200 | €508,200 | = | 0.0% |
| Issued capital | 100 | €508,200 | €508,200 | = | 0.0% |
| Reserves | 13 | €333,521 | €340,948 | +€7,427 | +2.2% |
| Non-distributable reserves | 130/1 | €50,820 | €50,820 | = | 0.0% |
| Legal reserve | 130 | €50,820 | €50,820 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,419 | €3,276 | -€3,143 | -49.0% |
| Distributable reserves | 133 | €276,282 | €286,852 | +€10,570 | +3.8% |
| Provisions and deferred taxes | 16 | €4,871 | €2,784 | -€2,088 | -42.9% |
| Deferred taxes | 168 | €4,871 | €2,784 | -€2,088 | -42.9% |
| Amounts payable | 17/49 | €8,147 | €12,057 | +€3,910 | +48.0% |
| Amounts payable within one year | 42/48 | €8,147 | €12,057 | +€3,910 | +48.0% |
| Trade debts | 44 | - | €1,069 | +€1,069 | |
| Suppliers | 440/4 | - | €1,069 | +€1,069 | |
| Taxes, remuneration and social security | 45 | €0 | €2,842 | +€2,842 | |
| Taxes | 450/3 | €0 | €2,842 | +€2,842 | |
| Other amounts payable | 47/48 | €8,147 | €8,147 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,189 | €11,775 | +€587 | +5.2% |
| Other operating charges | 640/8 | €6,187 | €6,380 | +€193 | +3.1% |
| Gross operating margin | 9900 | €28,947 | €26,550 | -€2,398 | -8.3% |
| Operating profit (loss) | 9901 | €11,572 | €8,395 | -€3,177 | -27.5% |
| Financial charges | 65/66B | €253 | €214 | -€39 | -15.4% |
| Recurring financial charges | 65 | €253 | €214 | -€39 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €11,319 | €8,181 | -€3,138 | -27.7% |
| Transfer from deferred taxes | 780 | €2,088 | €2,088 | = | 0.0% |
| Income taxes | 67/77 | €3,368 | €2,842 | -€526 | -15.6% |
| Profit (loss) for the period | 9904 | €10,039 | €7,427 | -€2,612 | -26.0% |
| Transfer from tax-exempt reserves | 789 | €3,143 | €3,143 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,182 | €10,570 | -€2,612 | -19.8% |
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 31 October 2026 via checked.be.