ACHEO: what changed
Two fiscal 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.
ACHEO
Largest movements
- Cash +€3,282
up €3,282 (+1468.0%), from €224 to €3,506
mainly Net result for the year (+€7,976) and Deferred charges and accrued income (+€1,385)
- Tangible fixed assets +€3,194
up €3,194 (+144.0%), from €2,218 to €5,412
of which Plant, machinery and equipment: +€2,469
- Deferred charges and accrued income -€1,385
down €1,385 (-7.6%), from €18,108 to €16,723
- Receivables within one year +€1,358
new in 2025: €1,358
- Reserves +€6,310
up €6,310 (+71.9%), from €8,779 to €15,089
- Trade debts +€515
up €515 (+27.9%), from €1,848 to €2,364
- Other debts -€406
down €406 (-8.5%), from €4,783 to €4,376
- Taxes +€1,563
up €1,563 (+50.8%), from €3,079 to €4,642
- Gross operating margin -€455
down €455 (-2.6%), from €17,270 to €16,815
- Financial charges +€444
up €444 (+30.4%), from €1,457 to €1,901
- Depreciation +€396
up €396 (+255.9%), from €155 to €551
- Other operating charges -€334
down €334 (-16.0%), from €2,083 to €1,749
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.
Cash bridge derived
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 | €20,550 | €27,000 | +€6,450 | +31.4% |
| Fixed assets | 21/28 | €2,218 | €5,412 | +€3,194 | +144.0% |
| Tangible fixed assets | 22/27 | €2,218 | €5,412 | +€3,194 | +144.0% |
| Plant, machinery and equipment | 23 | - | €2,469 | +€2,469 | |
| Furniture and vehicles | 24 | €2,218 | €2,943 | +€725 | +32.7% |
| Current assets | 29/58 | €18,332 | €21,588 | +€3,256 | +17.8% |
| Amounts receivable within one year | 40/41 | - | €1,358 | +€1,358 | |
| Other amounts receivable | 41 | - | €1,358 | +€1,358 | |
| Cash at bank and in hand | 54/58 | €224 | €3,506 | +€3,282 | +1468.0% |
| Deferred charges and accrued income | 490/1 | €18,108 | €16,723 | -€1,385 | -7.6% |
| Total equity and liabilities | 10/49 | €20,550 | €27,000 | +€6,450 | +31.4% |
| Equity | 10/15 | €11,279 | €17,589 | +€6,310 | +55.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €8,779 | €15,089 | +€6,310 | +71.9% |
| Distributable reserves | 133 | €8,779 | €15,089 | +€6,310 | +71.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,271 | €9,411 | +€140 | +1.5% |
| Amounts payable within one year | 42/48 | €8,710 | €8,819 | +€109 | +1.3% |
| Trade debts | 44 | €1,848 | €2,364 | +€515 | +27.9% |
| Suppliers | 440/4 | €1,848 | €2,364 | +€515 | +27.9% |
| Taxes, remuneration and social security | 45 | €2,079 | €2,079 | = | 0.0% |
| Taxes | 450/3 | €2,079 | €2,079 | = | 0.0% |
| Other amounts payable | 47/48 | €4,783 | €4,376 | -€406 | -8.5% |
| Accrued charges and deferred income | 492/3 | €561 | €592 | +€31 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155 | €551 | +€396 | +255.9% |
| Other operating charges | 640/8 | €2,083 | €1,749 | -€334 | -16.0% |
| Gross operating margin | 9900 | €17,270 | €16,815 | -€455 | -2.6% |
| Operating profit (loss) | 9901 | €15,033 | €14,515 | -€518 | -3.4% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,457 | €1,901 | +€444 | +30.4% |
| Recurring financial charges | 65 | €1,457 | €1,901 | +€444 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €13,576 | €12,617 | -€958 | -7.1% |
| Income taxes | 67/77 | €3,079 | €4,642 | +€1,563 | +50.8% |
| Profit (loss) for the period | 9904 | €10,497 | €7,976 | -€2,521 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,497 | €7,976 | -€2,521 | -24.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.