Achilles SB: 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.
Achilles SB
Largest movements
- Tangible fixed assets -€5,488
down €5,488 (-44.5%), from €12,335 to €6,846
of which Other tangible fixed assets: -€4,707
- Cash -€4,123
down €4,123 (-17.7%), from €23,254 to €19,131
mainly Net result for the year (-€16,600) and Receivables within one year (-€104)
- Deferred charges and accrued income -€1,369
down €1,369 (-13.6%), from €10,034 to €8,666
- Reserves -€16,600
down €16,600 (-41.3%), from €40,236 to €23,636
- Tax, wage and social debts +€3,872
up €3,872 (+16.6%), from €23,382 to €27,254
of which Taxes: +€2,656
- Trade debts +€1,783
up €1,783 (+30.1%), from €5,927 to €7,710
- Gross operating margin -€20,254
down €20,254 (-22.5%), from €89,849 to €69,595
- Financial charges +€2,202
up €2,202 (+135%), from €1,628 to €3,830
- Taxes -€1,333
down €1,333 (-88.4%), from €1,507 to €175
- Staff costs +€1,260
up €1,260 (+1.7%), from €74,722 to €75,981
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 | €75,768 | €64,893 | -€10,875 | -14.4% |
| Fixed assets | 21/28 | €12,335 | €6,846 | -€5,488 | -44.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,335 | €6,846 | -€5,488 | -44.5% |
| Plant, machinery and equipment | 23 | €1,614 | €833 | -€781 | -48.4% |
| Other tangible fixed assets | 26 | €10,720 | €6,014 | -€4,707 | -43.9% |
| Current assets | 29/58 | €63,433 | €58,046 | -€5,387 | -8.5% |
| Amounts receivable within one year | 40/41 | €30,145 | €30,250 | +€104 | +0.3% |
| Trade receivables | 40 | €30,145 | €30,250 | +€104 | +0.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €23,254 | €19,131 | -€4,123 | -17.7% |
| Deferred charges and accrued income | 490/1 | €10,034 | €8,666 | -€1,369 | -13.6% |
| Total equity and liabilities | 10/49 | €75,768 | €64,893 | -€10,875 | -14.4% |
| Equity | 10/15 | €46,436 | €29,836 | -€16,600 | -35.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,236 | €23,636 | -€16,600 | -41.3% |
| Distributable reserves | 133 | €40,236 | €23,636 | -€16,600 | -41.3% |
| Amounts payable | 17/49 | €29,332 | €35,056 | +€5,724 | +19.5% |
| Amounts payable within one year | 42/48 | €29,332 | €35,056 | +€5,724 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,927 | €7,710 | +€1,783 | +30.1% |
| Suppliers | 440/4 | €5,927 | €7,710 | +€1,783 | +30.1% |
| Taxes, remuneration and social security | 45 | €23,382 | €27,254 | +€3,872 | +16.6% |
| Taxes | 450/3 | €13,922 | €16,578 | +€2,656 | +19.1% |
| Remuneration and social security | 454/9 | €9,460 | €10,676 | +€1,215 | +12.8% |
| Other amounts payable | 47/48 | €23 | €93 | +€70 | +297% |
| Non-recurring operating income | 76A | €4,339 | €0 | -€4,339 | -100% |
| Remuneration, social security and pensions | 62 | €74,722 | €75,981 | +€1,260 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,329 | €5,488 | -€841 | -13.3% |
| Other operating charges | 640/8 | €823 | €721 | -€102 | -12.4% |
| Gross operating margin | 9900 | €89,849 | €69,595 | -€20,254 | -22.5% |
| Operating profit (loss) | 9901 | €7,976 | -€12,595 | -€20,571 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,628 | €3,830 | +€2,202 | +135% |
| Recurring financial charges | 65 | €1,628 | €3,830 | +€2,202 | +135% |
| Profit (loss) for the period before taxes | 9903 | €6,348 | -€16,425 | -€22,772 | |
| Income taxes | 67/77 | €1,507 | €175 | -€1,333 | -88.4% |
| Profit (loss) for the period | 9904 | €4,840 | -€16,600 | -€21,440 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,840 | -€16,600 | -€21,440 |
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 23 October 2026 via checked.be.