ACHENE RECYCLAGE: 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
ACHENE RECYCLAGE
NACE 38.210, Materials recovery from waste
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €901,090+€194,577
Equity
€2.9m
2024 · €2.6m+€310,062
Cash
€788,384
2024 · €822,031-€33,648
Balance sheet total
€6.3m
2024 · €5.0m+€1.3m
Largest movements
Assets
- Tangible fixed assets +€1.2m
up €1.2m (+41.9%), from €2.8m to €4.0m
of which Land and buildings: +€1.2m
- Receivables within one year +€144,073
up €144,073 (+12.9%), from €1.1m to €1.3m
of which Trade receivables: +€142,354
Equity and liabilities
- Revaluation surpluses +€1.2m
new in 2025: €1.2m
- Other debts +€1.1m
up €1.1m (+120%), from €910,312 to €2.0m
- Profit (loss) carried forward -€881,438
down €881,438 (-35.9%), from €2.5m to €1.6m
- Accrued charges and deferred income -€168,804
down €168,804 (-44.5%), from €379,229 to €210,425
- Tax, wage and social debts +€143,829
up €143,829 (+266%), from €54,042 to €197,871
of which Taxes: +€136,179
Income statement
- Gross operating margin +€226,036
up €226,036 (+10.6%), from €2.1m to €2.4m
- Other operating charges -€62,835
down €62,835 (-73.0%), from €86,111 to €23,276
- Depreciation +€44,970
up €44,970 (+8.5%), from €528,234 to €573,203
- Taxes +€43,930
up €43,930 (+14.4%), from €304,350 to €348,281
- Staff costs +€28,579
up €28,579 (+10.5%), from €270,993 to €299,572
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.
Result 2024
€901,090
Gross operating margin
+€226,036
Staff costs
-€28,579
Depreciation
-€44,970
Write-downs
-€351
Other operating charges
+€62,835
Financial income
+€11,837
Financial charges
+€11,698
Taxes
-€43,930
Result 2025
€1.1m
raises the resultlowers the result
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.
From operations
+€2.6m
Investment
-€1.8m
Financing
-€851,454
Cash 2024
€822,031
From operations (derived)
+€2.6m
Net result for the year
+€1.1m
Depreciation
+€573,203
Stocks and contracts
-€22,930
Receivables within one year
-€144,073
Deferred charges and accrued income
+€22,642
Provisions
-€7,632
Trade debts
-€2,753
Tax, wage and social debts
+€143,829
Other debts
+€1.1m
Accrued charges and deferred income
-€168,804
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.8m
Financing
-€851,454
Debts after one year
-€72,638
Current portion of long-term debt
+€6,789
Contributions, distributions and other
-€785,605
Cash 2025
€788,384
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,976,006 | €6,276,681 | +€1.3m | +26.1% |
| Fixed assets | 21/28 | €2,842,940 | €4,032,900 | +€1.2m | +41.9% |
| Tangible fixed assets | 22/27 | €2,842,940 | €4,032,900 | +€1.2m | +41.9% |
| Land and buildings | 22 | €1,798,741 | €2,958,000 | +€1.2m | +64.4% |
| Plant, machinery and equipment | 23 | €688,195 | €692,031 | +€3,836 | +0.6% |
| Furniture and vehicles | 24 | €225,919 | €293,626 | +€67,707 | +30.0% |
| Leasing and similar rights | 25 | €130,084 | €89,243 | -€40,842 | -31.4% |
| Current assets | 29/58 | €2,133,066 | €2,243,781 | +€110,714 | +5.2% |
| Stocks and contracts in progress | 3 | €115,862 | €138,792 | +€22,930 | +19.8% |
| Stocks | 30/36 | €115,862 | €138,792 | +€22,930 | +19.8% |
| Amounts receivable within one year | 40/41 | €1,120,037 | €1,264,111 | +€144,073 | +12.9% |
| Trade receivables | 40 | €1,056,899 | €1,199,253 | +€142,354 | +13.5% |
| Other amounts receivable | 41 | €63,138 | €64,858 | +€1,719 | +2.7% |
| Cash at bank and in hand | 54/58 | €822,031 | €788,384 | -€33,648 | -4.1% |
| Deferred charges and accrued income | 490/1 | €75,136 | €52,495 | -€22,642 | -30.1% |
| Total equity and liabilities | 10/49 | €4,976,006 | €6,276,681 | +€1.3m | +26.1% |
| Equity | 10/15 | €2,634,367 | €2,944,429 | +€310,062 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,150,916 | +€1.2m | |
| Reserves | 13 | €83,833 | €60,938 | -€22,895 | -27.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €81,973 | €59,078 | -€22,895 | -27.9% |
| Profit (loss) carried forward | 14 | €2,454,829 | €1,573,391 | -€881,438 | -35.9% |
| Investment grants | 15 | €77,105 | €140,584 | +€63,479 | +82.3% |
| Provisions and deferred taxes | 16 | €27,324 | €19,693 | -€7,632 | -27.9% |
| Deferred taxes | 168 | €27,324 | €19,693 | -€7,632 | -27.9% |
| Amounts payable | 17/49 | €2,314,315 | €3,312,560 | +€998,244 | +43.1% |
| Amounts payable after more than one year | 17 | €505,497 | €432,860 | -€72,638 | -14.4% |
| Financial debts | 170/4 | €505,497 | €432,860 | -€72,638 | -14.4% |
| Amounts payable within one year | 42/48 | €1,429,589 | €2,669,275 | +€1.2m | +86.7% |
| Current portion of amounts payable after more than one year | 42 | €208,608 | €215,396 | +€6,789 | +3.3% |
| Trade debts | 44 | €256,628 | €253,874 | -€2,753 | -1.1% |
| Suppliers | 440/4 | €256,628 | €253,874 | -€2,753 | -1.1% |
| Taxes, remuneration and social security | 45 | €54,042 | €197,871 | +€143,829 | +266% |
| Taxes | 450/3 | €19,528 | €155,707 | +€136,179 | +697% |
| Remuneration and social security | 454/9 | €34,513 | €42,163 | +€7,650 | +22.2% |
| Other amounts payable | 47/48 | €910,312 | €2,002,134 | +€1.1m | +120% |
| Accrued charges and deferred income | 492/3 | €379,229 | €210,425 | -€168,804 | -44.5% |
| Remuneration, social security and pensions | 62 | €270,993 | €299,572 | +€28,579 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528,234 | €573,203 | +€44,970 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,033 | €20,384 | +€351 | +1.8% |
| Other operating charges | 640/8 | €86,111 | €23,276 | -€62,835 | -73.0% |
| Gross operating margin | 9900 | €2,132,320 | €2,358,355 | +€226,036 | +10.6% |
| Operating profit (loss) | 9901 | €1,226,949 | €1,441,921 | +€214,972 | +17.5% |
| Financial income | 75/76B | €23,108 | €34,946 | +€11,837 | +51.2% |
| Recurring financial income | 75 | €23,108 | €34,946 | +€11,837 | +51.2% |
| Financial charges | 65/66B | €52,248 | €40,551 | -€11,698 | -22.4% |
| Recurring financial charges | 65 | €52,248 | €40,551 | -€11,698 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €1,197,809 | €1,436,316 | +€238,507 | +19.9% |
| Transfer from deferred taxes | 780 | €7,632 | €7,632 | +€0 | 0.0% |
| Income taxes | 67/77 | €304,350 | €348,281 | +€43,930 | +14.4% |
| Profit (loss) for the period | 9904 | €901,090 | €1,095,667 | +€194,577 | +21.6% |
| Transfer from tax-exempt reserves | 789 | €22,895 | €22,895 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €923,985 | €1,118,562 | +€194,577 | +21.1% |
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 26 October 2026 via checked.be.