A.C. CONSORTIUM: 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. CONSORTIUM
Largest movements
- Current investments -€41,016
down €41,016 (-49.6%), from €82,721 to €41,705
- Cash +€19,306
up €19,306 (+4.3%), from €449,214 to €468,520
mainly Current investments (+€41,016) and Trade debts (+€2,025)
- Accrued charges and deferred income -€9,146
down €9,146 (-63.3%), from €14,451 to €5,305
- Profit (loss) carried forward -€7,272
down €7,272 (-23.5%), from -€30,938 to -€38,210
- Financial charges +€5,779
up €5,779 (+213.2%), from €2,711 to €8,490
- Financial income +€4,296
up €4,296 (+96.0%), from €4,474 to €8,770
- Gross operating margin -€2,179
down €2,179 (-56.6%), from -€3,852 to -€6,031
- Other operating charges -€1,643
down €1,643 (-80.4%), from €2,043 to €400
- Depreciation +€1,122
new in 2025: €1,122
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 | €535,462 | €518,884 | -€16,579 | -3.1% |
| Fixed assets | 21/28 | - | €2,245 | +€2,245 | |
| Tangible fixed assets | 22/27 | - | €2,245 | +€2,245 | |
| Plant, machinery and equipment | 23 | - | €2,245 | +€2,245 | |
| Current assets | 29/58 | €535,462 | €516,639 | -€18,823 | -3.5% |
| Amounts receivable within one year | 40/41 | €3,528 | €3,949 | +€422 | +11.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,528 | €3,949 | +€422 | +11.9% |
| Current investments | 50/53 | €82,721 | €41,705 | -€41,016 | -49.6% |
| Cash at bank and in hand | 54/58 | €449,214 | €468,520 | +€19,306 | +4.3% |
| Deferred charges and accrued income | 490/1 | - | €2,465 | +€2,465 | |
| Total equity and liabilities | 10/49 | €535,462 | €518,884 | -€16,579 | -3.1% |
| Equity | 10/15 | €454,762 | €447,490 | -€7,272 | -1.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €424,200 | €424,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €418,000 | €418,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,938 | -€38,210 | -€7,272 | -23.5% |
| Amounts payable | 17/49 | €80,700 | €71,394 | -€9,306 | -11.5% |
| Amounts payable within one year | 42/48 | €66,249 | €66,089 | -€160 | -0.2% |
| Trade debts | 44 | €52 | €2,077 | +€2,025 | +3863.0% |
| Suppliers | 440/4 | €52 | €2,077 | +€2,025 | +3863.0% |
| Other amounts payable | 47/48 | €66,197 | €64,012 | -€2,185 | -3.3% |
| Accrued charges and deferred income | 492/3 | €14,451 | €5,305 | -€9,146 | -63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,122 | +€1,122 | |
| Other operating charges | 640/8 | €2,043 | €400 | -€1,643 | -80.4% |
| Gross operating margin | 9900 | -€3,852 | -€6,031 | -€2,179 | -56.6% |
| Operating profit (loss) | 9901 | -€5,894 | -€7,553 | -€1,658 | -28.1% |
| Financial income | 75/76B | €4,474 | €8,770 | +€4,296 | +96.0% |
| Recurring financial income | 75 | €4,474 | €8,770 | +€4,296 | +96.0% |
| Financial charges | 65/66B | €2,711 | €8,490 | +€5,779 | +213.2% |
| Recurring financial charges | 65 | €2,711 | €8,490 | +€5,779 | +213.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,131 | -€7,272 | -€3,142 | -76.1% |
| Profit (loss) for the period | 9904 | -€4,131 | -€7,272 | -€3,142 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,131 | -€7,272 | -€3,142 | -76.1% |
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 5 October 2026 via checked.be.