ACHRO: 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.
ACHRO
Largest movements
- Tangible fixed assets -€19,694
down €19,694 (-2.5%), from €775,159 to €755,465
- Cash -€13,853
down €13,853 (-88.1%), from €15,728 to €1,875
mainly Net result for the year (-€97,822) and Investment in fixed assets (net) (-€15,298)
- Reserves -€97,822
down €97,822 (-18.0%), from €543,913 to €446,091
of which Distributable reserves: -€97,822
- Debts after one year +€60,000
up €60,000 (+100%), from €60,000 to €120,000
- Other debts +€8,241
up €8,241 (+92.8%), from €8,882 to €17,123
- Gross operating margin -€10,897
down €10,897 (-25.2%), from -€43,314 to -€54,211
- Depreciation +€2,912
up €2,912 (+9.1%), from €32,080 to €34,992
- Financial charges -€2,665
down €2,665 (-36.0%), from €7,408 to €4,743
- Other operating charges -€1,086
down €1,086 (-21.9%), from €4,961 to €3,876
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 | €790,887 | €757,340 | -€33,547 | -4.2% |
| Fixed assets | 21/28 | €775,159 | €755,465 | -€19,694 | -2.5% |
| Tangible fixed assets | 22/27 | €775,159 | €755,465 | -€19,694 | -2.5% |
| Land and buildings | 22 | €775,159 | €755,465 | -€19,694 | -2.5% |
| Current assets | 29/58 | €15,728 | €1,875 | -€13,853 | -88.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15,728 | €1,875 | -€13,853 | -88.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €790,887 | €757,340 | -€33,547 | -4.2% |
| Equity | 10/15 | €673,913 | €576,091 | -€97,822 | -14.5% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €543,913 | €446,091 | -€97,822 | -18.0% |
| Non-distributable reserves | 130/1 | €13,000 | €13,000 | = | 0.0% |
| Legal reserve | 130 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €530,913 | €433,091 | -€97,822 | -18.4% |
| Amounts payable | 17/49 | €116,974 | €181,249 | +€64,275 | +54.9% |
| Amounts payable after more than one year | 17 | €60,000 | €120,000 | +€60,000 | +100% |
| Financial debts | 170/4 | €60,000 | €120,000 | +€60,000 | +100% |
| Amounts payable within one year | 42/48 | €56,974 | €61,249 | +€4,275 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,963 | €4,126 | -€2,837 | -40.7% |
| Suppliers | 440/4 | €6,963 | €4,126 | -€2,837 | -40.7% |
| Taxes, remuneration and social security | 45 | €1,129 | €0 | -€1,129 | -100% |
| Taxes | 450/3 | €1,129 | €0 | -€1,129 | -100% |
| Other amounts payable | 47/48 | €8,882 | €17,123 | +€8,241 | +92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,080 | €34,992 | +€2,912 | +9.1% |
| Other operating charges | 640/8 | €4,961 | €3,876 | -€1,086 | -21.9% |
| Gross operating margin | 9900 | -€43,314 | -€54,211 | -€10,897 | -25.2% |
| Operating profit (loss) | 9901 | -€80,356 | -€93,079 | -€12,723 | -15.8% |
| Financial income | 75/76B | €17 | €0 | -€17 | -100% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100% |
| Financial charges | 65/66B | €7,408 | €4,743 | -€2,665 | -36.0% |
| Recurring financial charges | 65 | €7,408 | €4,743 | -€2,665 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€87,747 | -€97,822 | -€10,075 | -11.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€87,747 | -€97,822 | -€10,075 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,747 | -€97,822 | -€10,075 | -11.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.