A.C.A.C.: 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.
A.C.A.C.
Largest movements
- Receivables within one year +€26,441
up €26,441 (+14.0%), from €189,244 to €215,685
- Tangible fixed assets -€8,146
no longer reported in 2025 (was €8,146)
- Cash -€3,439
down €3,439 (-43.9%), from €7,832 to €4,393
mainly Receivables within one year (-€26,441) and Trade debts (-€10,002)
- Other debts +€17,425
up €17,425 (+21.4%), from €81,370 to €98,795
- Tax, wage and social debts +€15,462
up €15,462 (+71.6%), from €21,592 to €37,054
of which Taxes: +€10,407
- Trade debts -€10,002
down €10,002 (-44.0%), from €22,715 to €12,713
- Current portion of long-term debt -€8,357
no longer reported in 2025 (was €8,357)
- Gross operating margin -€5,414
down €5,414 (-30.0%), from €18,025 to €12,611
- Taxes -€1,111
down €1,111 (-33.7%), from €3,295 to €2,184
- Financial charges -€961
down €961 (-74.3%), from €1,293 to €333
- Other operating charges +€239
up €239 (+15.4%), from €1,545 to €1,784
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 | €207,953 | €222,645 | +€14,692 | +7.1% |
| Fixed assets | 21/28 | €8,146 | - | -€8,146 | |
| Tangible fixed assets | 22/27 | €8,146 | - | -€8,146 | |
| Furniture and vehicles | 24 | €8,146 | - | -€8,146 | |
| Current assets | 29/58 | €199,808 | €222,645 | +€22,838 | +11.4% |
| Amounts receivable within one year | 40/41 | €189,244 | €215,685 | +€26,441 | +14.0% |
| Trade receivables | 40 | €189,244 | €215,685 | +€26,441 | +14.0% |
| Cash at bank and in hand | 54/58 | €7,832 | €4,393 | -€3,439 | -43.9% |
| Deferred charges and accrued income | 490/1 | €2,732 | €2,567 | -€165 | -6.0% |
| Total equity and liabilities | 10/49 | €207,953 | €222,645 | +€14,692 | +7.1% |
| Equity | 10/15 | €73,919 | €74,084 | +€165 | +0.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,419 | €46,584 | +€165 | +0.4% |
| Amounts payable | 17/49 | €134,034 | €148,562 | +€14,527 | +10.8% |
| Amounts payable within one year | 42/48 | €134,034 | €148,562 | +€14,527 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €8,357 | - | -€8,357 | |
| Trade debts | 44 | €22,715 | €12,713 | -€10,002 | -44.0% |
| Suppliers | 440/4 | €22,715 | €12,713 | -€10,002 | -44.0% |
| Taxes, remuneration and social security | 45 | €21,592 | €37,054 | +€15,462 | +71.6% |
| Taxes | 450/3 | €13,937 | €24,343 | +€10,407 | +74.7% |
| Remuneration and social security | 454/9 | €7,655 | €12,710 | +€5,055 | +66.0% |
| Other amounts payable | 47/48 | €81,370 | €98,795 | +€17,425 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,123 | €8,146 | +€22 | +0.3% |
| Other operating charges | 640/8 | €1,545 | €1,784 | +€239 | +15.4% |
| Gross operating margin | 9900 | €18,025 | €12,611 | -€5,414 | -30.0% |
| Operating profit (loss) | 9901 | €8,356 | €2,682 | -€5,675 | -67.9% |
| Financial charges | 65/66B | €1,293 | €333 | -€961 | -74.3% |
| Recurring financial charges | 65 | €1,293 | €333 | -€961 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €7,063 | €2,349 | -€4,714 | -66.7% |
| Income taxes | 67/77 | €3,295 | €2,184 | -€1,111 | -33.7% |
| Profit (loss) for the period | 9904 | €3,768 | €165 | -€3,603 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,768 | €165 | -€3,603 | -95.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.