ACHRAF: 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.
ACHRAF
Largest movements
- Tangible fixed assets -€26,100
down €26,100 (-78.5%), from €33,252 to €7,151
of which Other tangible fixed assets: -€24,136
- Stocks and contracts -€24,014
down €24,014 (-100%), from €24,014 to €0
- Intangible fixed assets -€2,635
down €2,635 (-100%), from €2,635 to €0
- Receivables within one year +€2,202
up €2,202, from €0 to €2,202
of which Other amounts receivable: +€1,285
- Profit (loss) carried forward -€56,270
down €56,270 (-71.9%), from -€78,217 to -€134,487
- Other debts +€8,751
up €8,751 (+8.1%), from €108,198 to €116,949
- Tax, wage and social debts -€2,058
down €2,058 (-76.9%), from €2,678 to €619
of which Remuneration and social security: -€1,549
- Trade debts -€2,040
down €2,040 (-18.1%), from €11,249 to €9,208
of which Bills of exchange payable: -€1,523
- Depreciation +€17,708
up €17,708 (+175%), from €10,144 to €27,852
- Staff costs -€15,879
down €15,879 (-46.7%), from €34,014 to €18,135
- Gross operating margin +€6,756
up €6,756 (+42.5%), from -€15,911 to -€9,155
- Other operating charges -€694
down €694 (-51.3%), from €1,352 to €658
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 | €64,425 | €12,741 | -€51,684 | -80.2% |
| Fixed assets | 21/28 | €36,087 | €7,351 | -€28,735 | -79.6% |
| Intangible fixed assets | 21 | €2,635 | €0 | -€2,635 | -100% |
| Tangible fixed assets | 22/27 | €33,252 | €7,151 | -€26,100 | -78.5% |
| Plant, machinery and equipment | 23 | €538 | - | -€538 | |
| Furniture and vehicles | 24 | €8,578 | €7,151 | -€1,426 | -16.6% |
| Other tangible fixed assets | 26 | €24,136 | - | -€24,136 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €28,338 | €5,390 | -€22,949 | -81.0% |
| Stocks and contracts in progress | 3 | €24,014 | €0 | -€24,014 | -100% |
| Stocks | 30/36 | €24,014 | €0 | -€24,014 | -100% |
| Amounts receivable within one year | 40/41 | €0 | €2,202 | +€2,202 | |
| Trade receivables | 40 | €0 | €918 | +€918 | |
| Other amounts receivable | 41 | - | €1,285 | +€1,285 | |
| Cash at bank and in hand | 54/58 | €3,701 | €3,187 | -€514 | -13.9% |
| Deferred charges and accrued income | 490/1 | €623 | - | -€623 | |
| Total equity and liabilities | 10/49 | €64,425 | €12,741 | -€51,684 | -80.2% |
| Equity | 10/15 | -€57,766 | -€114,036 | -€56,270 | -97.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 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% |
| Profit (loss) carried forward | 14 | -€78,217 | -€134,487 | -€56,270 | -71.9% |
| Amounts payable | 17/49 | €122,191 | €126,777 | +€4,586 | +3.8% |
| Amounts payable within one year | 42/48 | €122,191 | €126,777 | +€4,586 | +3.8% |
| Financial debts | 43 | €66 | - | -€66 | |
| Credit institutions | 430/8 | €66 | - | -€66 | |
| Trade debts | 44 | €11,249 | €9,208 | -€2,040 | -18.1% |
| Suppliers | 440/4 | €9,726 | €9,208 | -€517 | -5.3% |
| Bills of exchange payable | 441 | €1,523 | - | -€1,523 | |
| Taxes, remuneration and social security | 45 | €2,678 | €619 | -€2,058 | -76.9% |
| Taxes | 450/3 | €1,129 | €619 | -€509 | -45.1% |
| Remuneration and social security | 454/9 | €1,549 | - | -€1,549 | |
| Other amounts payable | 47/48 | €108,198 | €116,949 | +€8,751 | +8.1% |
| Remuneration, social security and pensions | 62 | €34,014 | €18,135 | -€15,879 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,144 | €27,852 | +€17,708 | +175% |
| Other operating charges | 640/8 | €1,352 | €658 | -€694 | -51.3% |
| Gross operating margin | 9900 | -€15,911 | -€9,155 | +€6,756 | +42.5% |
| Operating profit (loss) | 9901 | -€61,421 | -€55,799 | +€5,622 | +9.2% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €593 | €471 | -€122 | -20.6% |
| Recurring financial charges | 65 | €593 | €471 | -€122 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€62,003 | -€56,270 | +€5,733 | +9.2% |
| Profit (loss) for the period | 9904 | -€62,003 | -€56,270 | +€5,733 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,003 | -€56,270 | +€5,733 | +9.2% |
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 25 October 2026 via checked.be.