val d'acoz: 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.
val d'acoz
Largest movements
- Tangible fixed assets -€7,451
down €7,451 (-7.7%), from €97,334 to €89,883
- Debts after one year -€16,744
down €16,744 (-12.3%), from €136,380 to €119,635
- Profit (loss) carried forward +€8,789
up €8,789 (+8.6%), from -€102,594 to -€93,805
- Trade debts +€2,315
up €2,315 (+597.6%), from €387 to €2,702
- Short-term financial debts -€2,096
down €2,096 (-95.0%), from €2,207 to €111
- Financial charges -€431
down €431 (-10.2%), from €4,227 to €3,796
- Other operating charges +€400
up €400 (+103.2%), from €387 to €787
- Gross operating margin -€217
down €217 (-1.0%), from €21,040 to €20,822
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,334 | €89,883 | -€7,451 | -7.7% |
| Fixed assets | 21/28 | €97,334 | €89,883 | -€7,451 | -7.7% |
| Tangible fixed assets | 22/27 | €97,334 | €89,883 | -€7,451 | -7.7% |
| Land and buildings | 22 | €97,334 | €89,883 | -€7,451 | -7.7% |
| Total equity and liabilities | 10/49 | €97,334 | €89,883 | -€7,451 | -7.7% |
| Equity | 10/15 | -€83,504 | -€74,715 | +€8,789 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €490 | €490 | = | 0.0% |
| Distributable reserves | 133 | €490 | €490 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,594 | -€93,805 | +€8,789 | +8.6% |
| Amounts payable | 17/49 | €180,838 | €164,599 | -€16,239 | -9.0% |
| Amounts payable after more than one year | 17 | €136,380 | €119,635 | -€16,744 | -12.3% |
| Financial debts | 170/4 | €136,380 | €119,635 | -€16,744 | -12.3% |
| Amounts payable within one year | 42/48 | €44,458 | €44,963 | +€505 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €16,390 | €16,744 | +€354 | +2.2% |
| Financial debts | 43 | €2,207 | €111 | -€2,096 | -95.0% |
| Credit institutions | 430/8 | €2,207 | €111 | -€2,096 | -95.0% |
| Trade debts | 44 | €387 | €2,702 | +€2,315 | +597.6% |
| Suppliers | 440/4 | €387 | €2,702 | +€2,315 | +597.6% |
| Other amounts payable | 47/48 | €25,474 | €25,406 | -€68 | -0.3% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,451 | €7,451 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €787 | +€400 | +103.2% |
| Gross operating margin | 9900 | €21,040 | €20,822 | -€217 | -1.0% |
| Operating profit (loss) | 9901 | €13,202 | €12,585 | -€617 | -4.7% |
| Financial charges | 65/66B | €4,227 | €3,796 | -€431 | -10.2% |
| Recurring financial charges | 65 | €4,227 | €3,796 | -€431 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €8,975 | €8,789 | -€186 | -2.1% |
| Profit (loss) for the period | 9904 | €8,975 | €8,789 | -€186 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,975 | €8,789 | -€186 | -2.1% |
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 12 October 2026 via checked.be.