ACHILLEUS LEGACY: 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.
ACHILLEUS LEGACY
Largest movements
- Cash -€280,265
down €280,265 (-91.6%), from €306,006 to €25,740
mainly Other debts (-€191,685) and Receivables within one year (-€146,309)
- Receivables after one year -€150,000
down €150,000 (-100%), from €150,000 to €0
- Receivables within one year +€146,309
up €146,309 (+476%), from €30,727 to €177,035
of which Other amounts receivable: +€176,672
- Tangible fixed assets -€12,912
down €12,912 (-3.7%), from €344,411 to €331,499
of which Land and buildings: -€9,917
- Other debts -€191,685
down €191,685 (-88.1%), from €217,466 to €25,781
- Tax, wage and social debts -€62,664
down €62,664 (-38.1%), from €164,680 to €102,015
- Profit (loss) carried forward -€31,585
down €31,585 (-28.5%), from €111,014 to €79,429
- Debts after one year -€14,853
down €14,853 (-4.7%), from €314,314 to €299,461
- Gross operating margin -€371,259
down €371,259, from €362,045 to -€9,214
- Taxes -€90,551
down €90,551 (-100%), from €90,551 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €832,565 | €535,000 | -€297,566 | -35.7% |
| Fixed assets | 21/28 | €344,411 | €331,499 | -€12,912 | -3.7% |
| Tangible fixed assets | 22/27 | €344,411 | €331,499 | -€12,912 | -3.7% |
| Land and buildings | 22 | €334,502 | €324,585 | -€9,917 | -3.0% |
| Furniture and vehicles | 24 | €9,909 | €6,914 | -€2,995 | -30.2% |
| Current assets | 29/58 | €488,154 | €203,500 | -€284,654 | -58.3% |
| Amounts receivable after more than one year | 29 | €150,000 | €0 | -€150,000 | -100% |
| Other amounts receivable | 291 | €150,000 | €0 | -€150,000 | -100% |
| Amounts receivable within one year | 40/41 | €30,727 | €177,035 | +€146,309 | +476% |
| Trade receivables | 40 | €30,727 | €364 | -€30,363 | -98.8% |
| Other amounts receivable | 41 | - | €176,672 | +€176,672 | |
| Cash at bank and in hand | 54/58 | €306,006 | €25,740 | -€280,265 | -91.6% |
| Deferred charges and accrued income | 490/1 | €1,422 | €725 | -€697 | -49.0% |
| Total equity and liabilities | 10/49 | €832,565 | €535,000 | -€297,566 | -35.7% |
| Equity | 10/15 | €119,074 | €87,489 | -€31,585 | -26.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €111,014 | €79,429 | -€31,585 | -28.5% |
| Amounts payable | 17/49 | €713,492 | €447,511 | -€265,981 | -37.3% |
| Amounts payable after more than one year | 17 | €314,314 | €299,461 | -€14,853 | -4.7% |
| Financial debts | 170/4 | €314,314 | €299,461 | -€14,853 | -4.7% |
| Amounts payable within one year | 42/48 | €397,211 | €148,050 | -€249,162 | -62.7% |
| Current portion of amounts payable after more than one year | 42 | €14,506 | €14,853 | +€347 | +2.4% |
| Trade debts | 44 | €560 | €5,400 | +€4,840 | +864% |
| Suppliers | 440/4 | €560 | €5,400 | +€4,840 | +864% |
| Taxes, remuneration and social security | 45 | €164,680 | €102,015 | -€62,664 | -38.1% |
| Taxes | 450/3 | €164,680 | €102,015 | -€62,664 | -38.1% |
| Other amounts payable | 47/48 | €217,466 | €25,781 | -€191,685 | -88.1% |
| Accrued charges and deferred income | 492/3 | €1,966 | €0 | -€1,966 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,964 | €12,912 | +€948 | +7.9% |
| Other operating charges | 640/8 | €753 | €2,970 | +€2,217 | +294% |
| Gross operating margin | 9900 | €362,045 | -€9,214 | -€371,259 | |
| Operating profit (loss) | 9901 | €349,328 | -€25,096 | -€374,424 | |
| Financial income | 75/76B | €395 | €1,992 | +€1,597 | +405% |
| Recurring financial income | 75 | €395 | €1,992 | +€1,597 | +405% |
| Financial charges | 65/66B | €10,419 | €8,481 | -€1,939 | -18.6% |
| Recurring financial charges | 65 | €10,419 | €8,481 | -€1,939 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €339,303 | -€31,585 | -€370,888 | |
| Income taxes | 67/77 | €90,551 | €0 | -€90,551 | -100% |
| Profit (loss) for the period | 9904 | €248,752 | -€31,585 | -€280,336 | |
| Profit (loss) for the period to be appropriated | 9905 | €248,752 | -€31,585 | -€280,336 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.