Ine Achten: what changed
Ine Achten
Largest movements
- Receivables within one year -€20,994
down €20,994 (-62.5%), from €33,575 to €12,581
of which Other amounts receivable: -€17,364
- Cash +€18,042
up €18,042 (+44.3%), from €40,751 to €58,793
mainly Receivables within one year (+€20,994) and Net result for the year (+€6,453)
- Current investments +€9,698
up €9,698 (+9.7%), from €99,513 to €109,211
- Reserves +€6,453
up €6,453 (+4.0%), from €162,077 to €168,530
of which Distributable reserves: +€6,453
- Gross operating margin +€6,071
up €6,071 (+89.1%), from €6,815 to €12,886
- Taxes +€2,714
up €2,714 (+85.9%), from €3,161 to €5,875
- Depreciation -€891
down €891 (-42.4%), from €2,102 to €1,211
- Financial income -€192
down €192 (-10.1%), from €1,894 to €1,702
- Other operating charges -€172
down €172 (-15.6%), from €1,097 to €925
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 | €178,494 | €184,011 | +€5,517 | +3.1% |
| Fixed assets | 21/28 | €3,992 | €2,781 | -€1,211 | -30.3% |
| Tangible fixed assets | 22/27 | €3,992 | €2,781 | -€1,211 | -30.3% |
| Furniture and vehicles | 24 | €155 | - | -€155 | |
| Other tangible fixed assets | 26 | €3,837 | €2,781 | -€1,056 | -27.5% |
| Current assets | 29/58 | €174,501 | €181,230 | +€6,728 | +3.9% |
| Amounts receivable within one year | 40/41 | €33,575 | €12,581 | -€20,994 | -62.5% |
| Trade receivables | 40 | €8,168 | €4,538 | -€3,630 | -44.4% |
| Other amounts receivable | 41 | €25,407 | €8,043 | -€17,364 | -68.3% |
| Current investments | 50/53 | €99,513 | €109,211 | +€9,698 | +9.7% |
| Cash at bank and in hand | 54/58 | €40,751 | €58,793 | +€18,042 | +44.3% |
| Deferred charges and accrued income | 490/1 | €662 | €644 | -€18 | -2.6% |
| Total equity and liabilities | 10/49 | €178,494 | €184,011 | +€5,517 | +3.1% |
| Equity | 10/15 | €174,477 | €180,930 | +€6,453 | +3.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €162,077 | €168,530 | +€6,453 | +4.0% |
| 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 | €160,217 | €166,670 | +€6,453 | +4.0% |
| Amounts payable | 17/49 | €4,017 | €3,081 | -€936 | -23.3% |
| Amounts payable within one year | 42/48 | €4,017 | €3,081 | -€936 | -23.3% |
| Trade debts | 44 | €1,307 | €422 | -€884 | -67.7% |
| Suppliers | 440/4 | €1,307 | €422 | -€884 | -67.7% |
| Taxes, remuneration and social security | 45 | €2,711 | €2,649 | -€62 | -2.3% |
| Taxes | 450/3 | €2,711 | €2,649 | -€62 | -2.3% |
| Other amounts payable | 47/48 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,102 | €1,211 | -€891 | -42.4% |
| Other operating charges | 640/8 | €1,097 | €925 | -€172 | -15.6% |
| Gross operating margin | 9900 | €6,815 | €12,886 | +€6,071 | +89.1% |
| Operating profit (loss) | 9901 | €3,617 | €10,750 | +€7,133 | +197% |
| Financial income | 75/76B | €1,894 | €1,702 | -€192 | -10.1% |
| Recurring financial income | 75 | €1,894 | €1,702 | -€192 | -10.1% |
| Financial charges | 65/66B | €195 | €124 | -€70 | -36.2% |
| Recurring financial charges | 65 | €195 | €124 | -€70 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €5,316 | €12,328 | +€7,012 | +132% |
| Income taxes | 67/77 | €3,161 | €5,875 | +€2,714 | +85.9% |
| Profit (loss) for the period | 9904 | €2,155 | €6,453 | +€4,298 | +199% |
| Profit (loss) for the period to be appropriated | 9905 | €2,155 | €6,453 | +€4,298 | +199% |
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 1 November 2026 via checked.be.