A.C.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.C.
Largest movements
- Financial fixed assets +€1.0m
new in 2025: €1.0m
- Receivables within one year +€72,152
up €72,152 (+26.4%), from €273,226 to €345,377
of which Other amounts receivable: +€42,612
- Cash -€41,254
down €41,254 (-43.0%), from €95,935 to €54,681
mainly Investment in fixed assets (net) (-€1.0m) and Receivables within one year (-€72,152)
- Tangible fixed assets -€20,565
down €20,565 (-11.3%), from €182,006 to €161,441
of which Furniture and vehicles: -€18,872
- Debts after one year +€738,016
up €738,016 (+630%), from €117,089 to €855,105
- Profit (loss) carried forward +€149,748
up €149,748 (+42.5%), from -€352,131 to -€202,383
- Current portion of long-term debt +€131,231
up €131,231 (+358%), from €36,704 to €167,935
- Gross operating margin +€56,089
up €56,089 (+34.7%), from €161,585 to €217,673
- Financial charges +€30,795
up €30,795 (+244%), from €12,630 to €43,425
- Depreciation +€17,303
up €17,303 (+139%), from €12,475 to €29,779
- Other operating charges -€11,443
down €11,443 (-85.0%), from €13,455 to €2,013
- Write-downs -€4,296
new in 2025: -€4,296
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 | €810,059 | €1,822,770 | +€1.0m | +125% |
| Fixed assets | 21/28 | €182,006 | €1,161,441 | +€979,435 | +538% |
| Tangible fixed assets | 22/27 | €182,006 | €161,441 | -€20,565 | -11.3% |
| Plant, machinery and equipment | 23 | €1,470 | €1,095 | -€375 | -25.5% |
| Furniture and vehicles | 24 | €90,389 | €71,517 | -€18,872 | -20.9% |
| Leasing and similar rights | 25 | €56,885 | €48,948 | -€7,938 | -14.0% |
| Other tangible fixed assets | 26 | €33,261 | €37,278 | +€4,017 | +12.1% |
| Assets under construction and advance payments | 27 | - | €2,603 | +€2,603 | |
| Financial fixed assets | 28 | - | €1,000,000 | +€1.0m | |
| Current assets | 29/58 | €628,052 | €661,329 | +€33,277 | +5.3% |
| Stocks and contracts in progress | 3 | €257,382 | €257,382 | = | 0.0% |
| Stocks | 30/36 | €257,382 | €257,382 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €273,226 | €345,377 | +€72,152 | +26.4% |
| Trade receivables | 40 | €82,962 | €112,501 | +€29,539 | +35.6% |
| Other amounts receivable | 41 | €190,264 | €232,876 | +€42,612 | +22.4% |
| Cash at bank and in hand | 54/58 | €95,935 | €54,681 | -€41,254 | -43.0% |
| Deferred charges and accrued income | 490/1 | €1,510 | €3,888 | +€2,379 | +158% |
| Total equity and liabilities | 10/49 | €810,059 | €1,822,770 | +€1.0m | +125% |
| Equity | 10/15 | €490,569 | €640,317 | +€149,748 | +30.5% |
| Contributions | 10/11 | €650,000 | €650,000 | = | 0.0% |
| Capital | 10 | €650,000 | €650,000 | = | 0.0% |
| Issued capital | 100 | €650,000 | €650,000 | = | 0.0% |
| Reserves | 13 | €192,700 | €192,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,700 | €12,700 | = | 0.0% |
| Legal reserve | 130 | €12,700 | €12,700 | = | 0.0% |
| Distributable reserves | 133 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€352,131 | -€202,383 | +€149,748 | +42.5% |
| Amounts payable | 17/49 | €319,490 | €1,182,453 | +€862,964 | +270% |
| Amounts payable after more than one year | 17 | €117,089 | €855,105 | +€738,016 | +630% |
| Financial debts | 170/4 | €117,089 | €855,105 | +€738,016 | +630% |
| Amounts payable within one year | 42/48 | €202,195 | €327,143 | +€124,948 | +61.8% |
| Current portion of amounts payable after more than one year | 42 | €36,704 | €167,935 | +€131,231 | +358% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €12 | €4,288 | +€4,276 | +35,283% |
| Suppliers | 440/4 | €12 | €4,288 | +€4,276 | +35,283% |
| Taxes, remuneration and social security | 45 | €15,479 | €4,920 | -€10,559 | -68.2% |
| Taxes | 450/3 | €15,479 | €4,920 | -€10,559 | -68.2% |
| Accrued charges and deferred income | 492/3 | €205 | €205 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,475 | €29,779 | +€17,303 | +139% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,296 | -€4,296 | |
| Other operating charges | 640/8 | €13,455 | €2,013 | -€11,443 | -85.0% |
| Non-recurring operating charges | 66A | €1,775 | €474 | -€1,301 | -73.3% |
| Gross operating margin | 9900 | €161,585 | €217,673 | +€56,089 | +34.7% |
| Operating profit (loss) | 9901 | €133,879 | €189,705 | +€55,826 | +41.7% |
| Financial income | 75/76B | €1,510 | €3,888 | +€2,378 | +157% |
| Recurring financial income | 75 | €1,510 | €3,888 | +€2,378 | +157% |
| Financial charges | 65/66B | €12,630 | €43,425 | +€30,795 | +244% |
| Recurring financial charges | 65 | €12,630 | €43,425 | +€30,795 | +244% |
| Profit (loss) for the period before taxes | 9903 | €122,759 | €150,168 | +€27,408 | +22.3% |
| Income taxes | 67/77 | €43 | €420 | +€377 | +883% |
| Profit (loss) for the period | 9904 | €122,716 | €149,748 | +€27,031 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €122,716 | €149,748 | +€27,031 | +22.0% |
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 21 October 2026 via checked.be.