A, C & Co: 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 & Co
Largest movements
- Cash +€246,623
up €246,623 (+44.0%), from €560,858 to €807,481
mainly Net result for the year (+€582,853) and Other debts (+€251,530)
- Receivables within one year -€50,220
down €50,220 (-38.9%), from €129,095 to €78,875
of which Trade receivables: -€75,948
- Deferred charges and accrued income +€50,000
new in 2025: €50,000
- Receivables after one year -€35,000
no longer reported in 2025 (was €35,000)
- Other debts +€251,530
up €251,530 (+75.3%), from €333,994 to €585,524
- Tax, wage and social debts -€21,692
down €21,692 (-31.5%), from €68,929 to €47,238
- Gross operating margin +€797,619
up €797,619 (+28,880%), from €2,762 to €800,380
- Taxes +€129,890
up €129,890 (+195%), from €66,584 to €196,474
- Depreciation +€14,753
up €14,753 (+119%), from €12,438 to €27,191
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 | €848,503 | €1,070,448 | +€221,944 | +26.2% |
| Fixed assets | 21/28 | €97,003 | €107,544 | +€10,541 | +10.9% |
| Tangible fixed assets | 22/27 | €97,003 | €107,544 | +€10,541 | +10.9% |
| Land and buildings | 22 | €27,268 | - | -€27,268 | |
| Furniture and vehicles | 24 | €69,735 | €107,544 | +€37,809 | +54.2% |
| Current assets | 29/58 | €751,500 | €962,903 | +€211,404 | +28.1% |
| Amounts receivable after more than one year | 29 | €35,000 | - | -€35,000 | |
| Other amounts receivable | 291 | €35,000 | - | -€35,000 | |
| Stocks and contracts in progress | 3 | €26,548 | €26,548 | = | 0.0% |
| Stocks | 30/36 | €26,548 | €26,548 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €129,095 | €78,875 | -€50,220 | -38.9% |
| Trade receivables | 40 | €129,095 | €53,146 | -€75,948 | -58.8% |
| Other amounts receivable | 41 | - | €25,728 | +€25,728 | |
| Cash at bank and in hand | 54/58 | €560,858 | €807,481 | +€246,623 | +44.0% |
| Deferred charges and accrued income | 490/1 | - | €50,000 | +€50,000 | |
| Total equity and liabilities | 10/49 | €848,503 | €1,070,448 | +€221,944 | +26.2% |
| Equity | 10/15 | €433,711 | €432,713 | -€997 | -0.2% |
| Contributions | 10/11 | €219,150 | €219,150 | = | 0.0% |
| Reserves | 13 | €212,915 | €212,915 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,915 | €21,915 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,915 | €21,915 | = | 0.0% |
| Distributable reserves | 133 | €191,000 | €191,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,646 | €648 | -€997 | -60.6% |
| Amounts payable | 17/49 | €414,793 | €637,734 | +€222,942 | +53.7% |
| Amounts payable within one year | 42/48 | €414,793 | €637,734 | +€222,942 | +53.7% |
| Trade debts | 44 | €11,869 | €4,972 | -€6,897 | -58.1% |
| Suppliers | 440/4 | €11,869 | €4,972 | -€6,897 | -58.1% |
| Taxes, remuneration and social security | 45 | €68,929 | €47,238 | -€21,692 | -31.5% |
| Taxes | 450/3 | €68,929 | €47,238 | -€21,692 | -31.5% |
| Other amounts payable | 47/48 | €333,994 | €585,524 | +€251,530 | +75.3% |
| Remuneration, social security and pensions | 62 | €1,163 | €947 | -€217 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,438 | €27,191 | +€14,753 | +119% |
| Other operating charges | 640/8 | €6,915 | €3,326 | -€3,589 | -51.9% |
| Gross operating margin | 9900 | €2,762 | €800,380 | +€797,619 | +28,880% |
| Operating profit (loss) | 9901 | -€17,755 | €768,917 | +€786,672 | |
| Financial income | 75/76B | €6,688 | €11,115 | +€4,427 | +66.2% |
| Recurring financial income | 75 | €6,688 | €11,115 | +€4,427 | +66.2% |
| Financial charges | 65/66B | €41 | €705 | +€664 | +1,603% |
| Recurring financial charges | 65 | €41 | €705 | +€664 | +1,603% |
| Profit (loss) for the period before taxes | 9903 | -€11,108 | €779,327 | +€790,435 | |
| Transfer from deferred taxes | 780 | €67,384 | - | -€67,384 | |
| Income taxes | 67/77 | €66,584 | €196,474 | +€129,890 | +195% |
| Profit (loss) for the period | 9904 | -€10,308 | €582,853 | +€593,161 | |
| Transfer from tax-exempt reserves | 789 | €202,152 | - | -€202,152 | |
| Profit (loss) for the period to be appropriated | 9905 | €191,843 | €582,853 | +€391,010 | +204% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.