A.C.A.S.: 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.S.
Largest movements
- Cash +€20,622
up €20,622 (+9.6%), from €215,768 to €236,390
mainly Net result for the year (+€26,763) and Depreciation (+€6,774)
- Tangible fixed assets -€6,034
down €6,034 (-18.4%), from €32,829 to €26,795
of which Land and buildings: -€5,792
- Reserves +€23,966
up €23,966 (+13.8%), from €173,780 to €197,746
- Other debts -€12,935
down €12,935 (-82.2%), from €15,732 to €2,797
- Gross operating margin -€13,974
down €13,974 (-23.1%), from €60,512 to €46,538
- Taxes -€3,554
down €3,554 (-22.2%), from €15,976 to €12,422
- Financial income +€1,170
up €1,170 (+234,056%), from €1 to €1,171
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 | €312,869 | €327,598 | +€14,728 | +4.7% |
| Fixed assets | 21/28 | €32,829 | €26,795 | -€6,034 | -18.4% |
| Tangible fixed assets | 22/27 | €32,829 | €26,795 | -€6,034 | -18.4% |
| Land and buildings | 22 | €31,708 | €25,916 | -€5,792 | -18.3% |
| Plant, machinery and equipment | 23 | €1,121 | €879 | -€242 | -21.6% |
| Current assets | 29/58 | €280,041 | €300,803 | +€20,762 | +7.4% |
| Amounts receivable within one year | 40/41 | €63,324 | €63,441 | +€117 | +0.2% |
| Other amounts receivable | 41 | €63,324 | €63,441 | +€117 | +0.2% |
| Cash at bank and in hand | 54/58 | €215,768 | €236,390 | +€20,622 | +9.6% |
| Deferred charges and accrued income | 490/1 | €949 | €972 | +€23 | +2.5% |
| Total equity and liabilities | 10/49 | €312,869 | €327,598 | +€14,728 | +4.7% |
| Equity | 10/15 | €292,067 | €316,033 | +€23,966 | +8.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €173,780 | €197,746 | +€23,966 | +13.8% |
| Distributable reserves | 133 | €173,780 | €197,746 | +€23,966 | +13.8% |
| Profit (loss) carried forward | 14 | €99,694 | €99,694 | = | 0.0% |
| Amounts payable | 17/49 | €20,803 | €11,565 | -€9,237 | -44.4% |
| Amounts payable within one year | 42/48 | €20,803 | €11,565 | -€9,237 | -44.4% |
| Trade debts | 44 | €1,501 | €2,546 | +€1,045 | +69.6% |
| Suppliers | 440/4 | €1,501 | €2,546 | +€1,045 | +69.6% |
| Taxes, remuneration and social security | 45 | €3,569 | €6,222 | +€2,652 | +74.3% |
| Taxes | 450/3 | €3,569 | €6,222 | +€2,652 | +74.3% |
| Other amounts payable | 47/48 | €15,732 | €2,797 | -€12,935 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,944 | €6,774 | -€169 | -2.4% |
| Other operating charges | 640/8 | €2,102 | €1,714 | -€389 | -18.5% |
| Gross operating margin | 9900 | €60,512 | €46,538 | -€13,974 | -23.1% |
| Operating profit (loss) | 9901 | €51,466 | €38,050 | -€13,416 | -26.1% |
| Financial income | 75/76B | €1 | €1,171 | +€1,170 | +234,056% |
| Recurring financial income | 75 | €1 | €1,171 | +€1,170 | +234,056% |
| Financial charges | 65/66B | €36 | €36 | -€0 | 0.0% |
| Recurring financial charges | 65 | €36 | €36 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €51,431 | €39,185 | -€12,246 | -23.8% |
| Income taxes | 67/77 | €15,976 | €12,422 | -€3,554 | -22.2% |
| Profit (loss) for the period | 9904 | €35,455 | €26,763 | -€8,692 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,455 | €26,763 | -€8,692 | -24.5% |
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 15 October 2026 via checked.be.