Aconman: 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.
Aconman
Largest movements
- Cash -€765,448
down €765,448 (-88.1%), from €869,082 to €103,634
mainly Stocks and contracts (-€428,739) and Other debts (-€413,951)
- Stocks and contracts +€428,739
up €428,739 (+38.2%), from €1.1m to €1.5m
- Current investments +€361,361
up €361,361 (+18.2%), from €2.0m to €2.3m
- Tangible fixed assets -€100,692
down €100,692 (-2.7%), from €3.7m to €3.6m
of which Land and buildings: -€99,904
- Other debts -€413,951
no longer reported in 2025 (was €413,951)
- Reserves +€320,093
up €320,093 (+8.3%), from €3.8m to €4.2m
- Financial income +€258,960
up €258,960 (+92.6%), from €279,788 to €538,748
of which Non-recurring financial income: +€139,873
- Taxes +€29,943
up €29,943 (+279%), from €10,715 to €40,658
- Financial charges -€28,028
down €28,028 (-45.3%), from €61,813 to €33,785
- Gross operating margin -€23,401
down €23,401, from €4,476 to -€18,925
- Other operating charges +€15,952
up €15,952 (+185%), from €8,643 to €24,595
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 | €7,756,727 | €7,697,709 | -€59,018 | -0.8% |
| Fixed assets | 21/28 | €3,706,344 | €3,605,652 | -€100,692 | -2.7% |
| Tangible fixed assets | 22/27 | €3,706,344 | €3,605,652 | -€100,692 | -2.7% |
| Land and buildings | 22 | €3,704,309 | €3,604,405 | -€99,904 | -2.7% |
| Furniture and vehicles | 24 | €2,035 | €1,247 | -€788 | -38.7% |
| Current assets | 29/58 | €4,050,383 | €4,092,057 | +€41,674 | +1.0% |
| Stocks and contracts in progress | 3 | €1,121,118 | €1,549,857 | +€428,739 | +38.2% |
| Stocks | 30/36 | €1,121,118 | €1,549,857 | +€428,739 | +38.2% |
| Amounts receivable within one year | 40/41 | €74,320 | €91,342 | +€17,022 | +22.9% |
| Trade receivables | 40 | €1,275 | €5,925 | +€4,650 | +365% |
| Other amounts receivable | 41 | €73,045 | €85,417 | +€12,372 | +16.9% |
| Current investments | 50/53 | €1,985,863 | €2,347,224 | +€361,361 | +18.2% |
| Cash at bank and in hand | 54/58 | €869,082 | €103,634 | -€765,448 | -88.1% |
| Total equity and liabilities | 10/49 | €7,756,727 | €7,697,709 | -€59,018 | -0.8% |
| Equity | 10/15 | €5,731,752 | €6,051,845 | +€320,093 | +5.6% |
| Contributions | 10/11 | €1,818,550 | €1,818,550 | = | 0.0% |
| Reserves | 13 | €3,846,089 | €4,166,182 | +€320,093 | +8.3% |
| Distributable reserves | 133 | €3,846,089 | €4,166,182 | +€320,093 | +8.3% |
| Profit (loss) carried forward | 14 | €67,113 | €67,113 | = | 0.0% |
| Amounts payable | 17/49 | €2,024,975 | €1,645,864 | -€379,111 | -18.7% |
| Amounts payable after more than one year | 17 | €1,600,000 | €1,600,000 | = | 0.0% |
| Financial debts | 170/4 | €1,600,000 | €1,600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €423,575 | €44,464 | -€379,111 | -89.5% |
| Trade debts | 44 | - | €44,464 | +€44,464 | |
| Suppliers | 440/4 | - | €44,464 | +€44,464 | |
| Taxes, remuneration and social security | 45 | €9,624 | - | -€9,624 | |
| Taxes | 450/3 | €9,624 | - | -€9,624 | |
| Other amounts payable | 47/48 | €413,951 | - | -€413,951 | |
| Accrued charges and deferred income | 492/3 | €1,400 | €1,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,496 | €100,692 | -€804 | -0.8% |
| Other operating charges | 640/8 | €8,643 | €24,595 | +€15,952 | +185% |
| Gross operating margin | 9900 | €4,476 | -€18,925 | -€23,401 | |
| Operating profit (loss) | 9901 | -€105,663 | -€144,212 | -€38,549 | -36.5% |
| Financial income | 75/76B | €279,788 | €538,748 | +€258,960 | +92.6% |
| Recurring financial income | 75 | €62,434 | €181,521 | +€119,087 | +191% |
| Non-recurring financial income | 76B | €217,354 | €357,227 | +€139,873 | +64.4% |
| Financial charges | 65/66B | €61,813 | €33,785 | -€28,028 | -45.3% |
| Recurring financial charges | 65 | €61,813 | €33,785 | -€28,028 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €112,312 | €360,751 | +€248,439 | +221% |
| Income taxes | 67/77 | €10,715 | €40,658 | +€29,943 | +279% |
| Profit (loss) for the period | 9904 | €101,597 | €320,093 | +€218,496 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €101,597 | €320,093 | +€218,496 | +215% |
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 22 October 2026 via checked.be.