ACHEM Management: 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.
ACHEM Management
Largest movements
- Tangible fixed assets -€19,578
down €19,578 (-11.0%), from €178,155 to €158,577
of which Furniture and vehicles: -€9,798
- Cash -€16,349
down €16,349 (-3.1%), from €522,192 to €505,842
mainly Net result for the year (-€16,200) and Other debts (-€7,474)
- Profit (loss) carried forward -€16,200
down €16,200 (-26.2%), from €61,864 to €45,665
- Other debts -€7,474
down €7,474 (-2.3%), from €325,734 to €318,261
- Gross operating margin -€38,455
down €38,455, from €35,910 to -€2,545
- Taxes -€20,213
down €20,213, from €18,269 to -€1,944
- Financial income -€8,318
down €8,318 (-54.8%), from €15,191 to €6,873
- Depreciation +€6,883
up €6,883 (+54.2%), from €12,695 to €19,578
- Financial charges -€3,309
down €3,309 (-89.6%), from €3,692 to €383
of which Financial charges: -€3,399
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 | €731,224 | €698,553 | -€32,671 | -4.5% |
| Fixed assets | 21/28 | €204,405 | €184,827 | -€19,578 | -9.6% |
| Tangible fixed assets | 22/27 | €178,155 | €158,577 | -€19,578 | -11.0% |
| Land and buildings | 22 | €141,290 | €131,702 | -€9,588 | -6.8% |
| Furniture and vehicles | 24 | €36,099 | €26,301 | -€9,798 | -27.1% |
| Other tangible fixed assets | 26 | €766 | €575 | -€192 | -25.0% |
| Financial fixed assets | 28 | €26,250 | €26,250 | = | 0.0% |
| Current assets | 29/58 | €526,819 | €513,726 | -€13,093 | -2.5% |
| Amounts receivable within one year | 40/41 | €1,918 | €5,139 | +€3,221 | +168% |
| Trade receivables | 40 | €1,815 | €3,139 | +€1,324 | +72.9% |
| Other amounts receivable | 41 | €103 | €2,000 | +€1,897 | +1,845% |
| Cash at bank and in hand | 54/58 | €522,192 | €505,842 | -€16,349 | -3.1% |
| Deferred charges and accrued income | 490/1 | €2,709 | €2,744 | +€35 | +1.3% |
| Total equity and liabilities | 10/49 | €731,224 | €698,553 | -€32,671 | -4.5% |
| Equity | 10/15 | €390,802 | €374,602 | -€16,200 | -4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €322,737 | €322,737 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €320,878 | €320,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,864 | €45,665 | -€16,200 | -26.2% |
| Amounts payable | 17/49 | €340,423 | €323,951 | -€16,472 | -4.8% |
| Amounts payable within one year | 42/48 | €339,970 | €323,951 | -€16,019 | -4.7% |
| Trade debts | 44 | €6,388 | €721 | -€5,667 | -88.7% |
| Suppliers | 440/4 | €6,388 | €721 | -€5,667 | -88.7% |
| Taxes, remuneration and social security | 45 | €7,848 | €4,969 | -€2,878 | -36.7% |
| Taxes | 450/3 | €7,848 | €4,969 | -€2,878 | -36.7% |
| Other amounts payable | 47/48 | €325,734 | €318,261 | -€7,474 | -2.3% |
| Accrued charges and deferred income | 492/3 | €453 | - | -€453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,695 | €19,578 | +€6,883 | +54.2% |
| Other operating charges | 640/8 | €1,138 | €2,511 | +€1,372 | +121% |
| Gross operating margin | 9900 | €35,910 | -€2,545 | -€38,455 | |
| Operating profit (loss) | 9901 | €22,076 | -€24,634 | -€46,710 | |
| Financial income | 75/76B | €15,191 | €6,873 | -€8,318 | -54.8% |
| Recurring financial income | 75 | €15,191 | €6,873 | -€8,318 | -54.8% |
| Financial charges | 65/66B | €3,692 | €383 | -€3,309 | -89.6% |
| Recurring financial charges | 65 | €3,602 | €203 | -€3,399 | -94.4% |
| Non-recurring financial charges | 66B | €90 | €180 | +€90 | +100% |
| Profit (loss) for the period before taxes | 9903 | €33,575 | -€18,144 | -€51,719 | |
| Income taxes | 67/77 | €18,269 | -€1,944 | -€20,213 | |
| Profit (loss) for the period | 9904 | €15,306 | -€16,200 | -€31,506 | |
| Transfer from tax-exempt reserves | 789 | €27,138 | - | -€27,138 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,444 | -€16,200 | -€58,644 |
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 13 October 2026 via checked.be.