Niels Van Accom: 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.
Niels Van Accom
Largest movements
- Receivables after one year -€24,698
down €24,698 (-100%), from €24,698 to €0
- Cash -€14,935
down €14,935 (-43.5%), from €34,294 to €19,359
mainly Contributions, distributions and other (-€99,135) and Investment in fixed assets (net) (-€13,105)
- Tangible fixed assets +€9,829
up €9,829 (+225%), from €4,365 to €14,194
of which Furniture and vehicles: +€8,522
- Deferred charges and accrued income -€4,063
down €4,063 (-76.5%), from €5,308 to €1,245
- Receivables within one year -€2,609
down €2,609 (-18.9%), from €13,768 to €11,159
of which Trade receivables: -€2,296
- Reserves -€72,814
down €72,814 (-100%), from €72,814 to €0
- Other debts +€36,491
up €36,491 (+1,036%), from €3,523 to €40,014
- Gross operating margin +€4,382
up €4,382 (+13.5%), from €32,505 to €36,887
- Depreciation +€1,066
up €1,066 (+48.2%), from €2,211 to €3,276
- Financial income -€1,014
down €1,014 (-52.0%), from €1,950 to €936
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 | €82,433 | €45,958 | -€36,476 | -44.2% |
| Fixed assets | 21/28 | €4,365 | €14,194 | +€9,829 | +225% |
| Tangible fixed assets | 22/27 | €4,365 | €14,194 | +€9,829 | +225% |
| Plant, machinery and equipment | 23 | - | €1,307 | +€1,307 | |
| Furniture and vehicles | 24 | €4,365 | €12,887 | +€8,522 | +195% |
| Current assets | 29/58 | €78,068 | €31,764 | -€46,304 | -59.3% |
| Amounts receivable after more than one year | 29 | €24,698 | €0 | -€24,698 | -100% |
| Trade receivables | 290 | €24,698 | €0 | -€24,698 | -100% |
| Amounts receivable within one year | 40/41 | €13,768 | €11,159 | -€2,609 | -18.9% |
| Trade receivables | 40 | €10,876 | €8,580 | -€2,296 | -21.1% |
| Other amounts receivable | 41 | €2,892 | €2,579 | -€313 | -10.8% |
| Cash at bank and in hand | 54/58 | €34,294 | €19,359 | -€14,935 | -43.5% |
| Deferred charges and accrued income | 490/1 | €5,308 | €1,245 | -€4,063 | -76.5% |
| Total equity and liabilities | 10/49 | €82,433 | €45,958 | -€36,476 | -44.2% |
| Equity | 10/15 | €73,814 | €1,000 | -€72,814 | -98.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €72,814 | €0 | -€72,814 | -100% |
| Distributable reserves | 133 | €72,814 | €0 | -€72,814 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,619 | €44,958 | +€36,338 | +422% |
| Amounts payable within one year | 42/48 | €8,619 | €44,958 | +€36,338 | +422% |
| Trade debts | 44 | €0 | €37 | +€37 | |
| Suppliers | 440/4 | €0 | €37 | +€37 | |
| Taxes, remuneration and social security | 45 | €5,096 | €4,907 | -€190 | -3.7% |
| Remuneration and social security | 454/9 | €5,096 | €4,907 | -€190 | -3.7% |
| Other amounts payable | 47/48 | €3,523 | €40,014 | +€36,491 | +1,036% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,211 | €3,276 | +€1,066 | +48.2% |
| Other operating charges | 640/8 | €569 | €805 | +€235 | +41.4% |
| Gross operating margin | 9900 | €32,505 | €36,887 | +€4,382 | +13.5% |
| Operating profit (loss) | 9901 | €29,726 | €32,806 | +€3,080 | +10.4% |
| Financial income | 75/76B | €1,950 | €936 | -€1,014 | -52.0% |
| Recurring financial income | 75 | €1,950 | €936 | -€1,014 | -52.0% |
| Financial charges | 65/66B | €0 | €0 | -€0 | -100% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period before taxes | 9903 | €31,676 | €33,742 | +€2,066 | +6.5% |
| Income taxes | 67/77 | €7,108 | €7,421 | +€313 | +4.4% |
| Profit (loss) for the period | 9904 | €24,568 | €26,321 | +€1,753 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,568 | €26,321 | +€1,753 | +7.1% |
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 28 October 2026 via checked.be.