A.C.A.: what changed
Two fiscal 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.
A.C.A.
Largest movements
- Tangible fixed assets -€79,106
down €79,106 (-8.2%), from €968,762 to €889,656
of which Land and buildings: -€49,925
- Cash +€34,779
up €34,779 (+47.3%), from €73,477 to €108,256
mainly Depreciation (+€79,106) and Net result for the year (+€68,430)
- Receivables within one year +€19,401
up €19,401 (+12.5%), from €155,535 to €174,936
of which Trade receivables: +€16,832
- Debts after one year -€69,986
down €69,986 (-19.4%), from €360,895 to €290,909
- Profit (loss) carried forward +€53,430
up €53,430 (+15.7%), from €340,416 to €393,846
- Other debts -€18,000
down €18,000 (-59.0%), from €30,533 to €12,533
- Staff costs +€25,958
up €25,958 (+9.3%), from €279,070 to €305,028
- Taxes -€6,281
down €6,281 (-20.1%), from €31,237 to €24,956
- Other operating charges +€5,627
up €5,627 (+35.7%), from €15,765 to €21,392
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
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 | €1,216,099 | €1,190,873 | -€25,226 | -2.1% |
| Fixed assets | 21/28 | €969,087 | €889,981 | -€79,106 | -8.2% |
| Tangible fixed assets | 22/27 | €968,762 | €889,656 | -€79,106 | -8.2% |
| Land and buildings | 22 | €873,502 | €823,577 | -€49,925 | -5.7% |
| Plant, machinery and equipment | 23 | €5,089 | €3,153 | -€1,936 | -38.0% |
| Furniture and vehicles | 24 | €90,171 | €62,926 | -€27,245 | -30.2% |
| Financial fixed assets | 28 | €325 | €325 | = | 0.0% |
| Current assets | 29/58 | €247,012 | €300,892 | +€53,880 | +21.8% |
| Stocks and contracts in progress | 3 | €18,000 | €17,700 | -€300 | -1.7% |
| Stocks | 30/36 | €18,000 | €17,700 | -€300 | -1.7% |
| Amounts receivable within one year | 40/41 | €155,535 | €174,936 | +€19,401 | +12.5% |
| Trade receivables | 40 | €148,871 | €165,703 | +€16,832 | +11.3% |
| Other amounts receivable | 41 | €6,664 | €9,233 | +€2,569 | +38.6% |
| Cash at bank and in hand | 54/58 | €73,477 | €108,256 | +€34,779 | +47.3% |
| Total equity and liabilities | 10/49 | €1,216,099 | €1,190,873 | -€25,226 | -2.1% |
| Equity | 10/15 | €561,026 | €614,456 | +€53,430 | +9.5% |
| Contributions | 10/11 | €143,778 | €143,778 | = | 0.0% |
| Capital | 10 | €143,778 | €143,778 | = | 0.0% |
| Issued capital | 100 | €143,778 | €143,778 | = | 0.0% |
| Reserves | 13 | €76,832 | €76,832 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,589 | €16,589 | = | 0.0% |
| Legal reserve | 130 | €16,589 | €16,589 | = | 0.0% |
| Distributable reserves | 133 | €60,243 | €60,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | €340,416 | €393,846 | +€53,430 | +15.7% |
| Amounts payable | 17/49 | €655,073 | €576,417 | -€78,656 | -12.0% |
| Amounts payable after more than one year | 17 | €360,895 | €290,909 | -€69,986 | -19.4% |
| Financial debts | 170/4 | €360,895 | €290,909 | -€69,986 | -19.4% |
| Amounts payable within one year | 42/48 | €294,178 | €283,264 | -€10,914 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €107,621 | €109,909 | +€2,288 | +2.1% |
| Trade debts | 44 | €90,677 | €98,297 | +€7,620 | +8.4% |
| Suppliers | 440/4 | €90,677 | €98,297 | +€7,620 | +8.4% |
| Taxes, remuneration and social security | 45 | €65,347 | €62,525 | -€2,822 | -4.3% |
| Taxes | 450/3 | €23,595 | €19,747 | -€3,848 | -16.3% |
| Remuneration and social security | 454/9 | €41,752 | €42,778 | +€1,026 | +2.5% |
| Other amounts payable | 47/48 | €30,533 | €12,533 | -€18,000 | -59.0% |
| Accrued charges and deferred income | 492/3 | - | €2,244 | +€2,244 | |
| Remuneration, social security and pensions | 62 | €279,070 | €305,028 | +€25,958 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,692 | €79,106 | +€3,414 | +4.5% |
| Other operating charges | 640/8 | €15,765 | €21,392 | +€5,627 | +35.7% |
| Gross operating margin | 9900 | €508,314 | €508,623 | +€309 | +0.1% |
| Operating profit (loss) | 9901 | €137,787 | €103,097 | -€34,690 | -25.2% |
| Financial income | 75/76B | - | €36 | +€36 | |
| Recurring financial income | 75 | - | €36 | +€36 | |
| Financial charges | 65/66B | €10,970 | €9,747 | -€1,223 | -11.1% |
| Recurring financial charges | 65 | €10,970 | €9,747 | -€1,223 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €126,817 | €93,386 | -€33,431 | -26.4% |
| Income taxes | 67/77 | €31,237 | €24,956 | -€6,281 | -20.1% |
| Profit (loss) for the period | 9904 | €95,580 | €68,430 | -€27,150 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,580 | €68,430 | -€27,150 | -28.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.