Dr. S. Achahbar: what changed
Dr. S. Achahbar
Largest movements
- Cash +€129,441
up €129,441 (+32.9%), from €393,395 to €522,836
mainly Net result for the year (+€392,779) and Other debts (+€286,294)
- Receivables within one year -€95,977
no longer reported in 2025 (was €95,977)
- Deferred charges and accrued income +€34,847
up €34,847 (+23.0%), from €151,374 to €186,221
- Tangible fixed assets +€15,402
up €15,402 (+538%), from €2,861 to €18,263
of which Furniture and vehicles: +€15,600
- Other debts +€286,294
new in 2025: €286,294
- Profit (loss) carried forward -€207,221
down €207,221 (-35.4%), from €585,750 to €378,529
- Trade debts +€46,037
up €46,037 (+1,412%), from €3,260 to €49,297
- Tax, wage and social debts -€43,847
down €43,847 (-80.7%), from €54,347 to €10,500
of which Taxes: -€48,947
- Gross operating margin +€138,800
up €138,800 (+34.3%), from €404,700 to €543,500
- Taxes +€118,201
up €118,201 (+227%), from €51,987 to €170,188
- Financial income +€17,543
up €17,543 (+362%), from €4,840 to €22,383
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €643,607 | €727,320 | +€83,713 | +13.0% |
| Fixed assets | 21/28 | €2,861 | €18,263 | +€15,402 | +538% |
| Tangible fixed assets | 22/27 | €2,861 | €18,263 | +€15,402 | +538% |
| Plant, machinery and equipment | 23 | €1,893 | €1,695 | -€199 | -10.5% |
| Furniture and vehicles | 24 | €968 | €16,568 | +€15,600 | +1,612% |
| Current assets | 29/58 | €640,746 | €709,057 | +€68,311 | +10.7% |
| Amounts receivable within one year | 40/41 | €95,977 | - | -€95,977 | |
| Other amounts receivable | 41 | €95,977 | - | -€95,977 | |
| Cash at bank and in hand | 54/58 | €393,395 | €522,836 | +€129,441 | +32.9% |
| Deferred charges and accrued income | 490/1 | €151,374 | €186,221 | +€34,847 | +23.0% |
| Total equity and liabilities | 10/49 | €643,607 | €727,320 | +€83,713 | +13.0% |
| Equity | 10/15 | €586,000 | €378,779 | -€207,221 | -35.4% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €585,750 | €378,529 | -€207,221 | -35.4% |
| Amounts payable | 17/49 | €57,607 | €348,540 | +€290,933 | +505% |
| Amounts payable within one year | 42/48 | €57,607 | €348,540 | +€290,933 | +505% |
| Financial debts | 43 | - | €2,449 | +€2,449 | |
| Credit institutions | 430/8 | - | €2,449 | +€2,449 | |
| Trade debts | 44 | €3,260 | €49,297 | +€46,037 | +1,412% |
| Suppliers | 440/4 | €3,260 | €49,297 | +€46,037 | +1,412% |
| Taxes, remuneration and social security | 45 | €54,347 | €10,500 | -€43,847 | -80.7% |
| Taxes | 450/3 | €50,947 | €2,000 | -€48,947 | -96.1% |
| Remuneration and social security | 454/9 | €3,400 | €8,500 | +€5,100 | +150% |
| Other amounts payable | 47/48 | - | €286,294 | +€286,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,617 | €2,014 | +€397 | +24.5% |
| Other operating charges | 640/8 | €692 | €366 | -€327 | -47.2% |
| Gross operating margin | 9900 | €404,700 | €543,500 | +€138,800 | +34.3% |
| Operating profit (loss) | 9901 | €402,391 | €541,121 | +€138,729 | +34.5% |
| Financial income | 75/76B | €4,840 | €22,383 | +€17,543 | +362% |
| Recurring financial income | 75 | €4,840 | €22,383 | +€17,543 | +362% |
| Financial charges | 65/66B | €152 | €536 | +€384 | +254% |
| Recurring financial charges | 65 | €152 | €536 | +€384 | +254% |
| Profit (loss) for the period before taxes | 9903 | €407,080 | €562,968 | +€155,888 | +38.3% |
| Income taxes | 67/77 | €51,987 | €170,188 | +€118,201 | +227% |
| Profit (loss) for the period | 9904 | €355,093 | €392,779 | +€37,687 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €355,093 | €392,779 | +€37,687 | +10.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.