A.C.D. HANDLING: 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.D. HANDLING
Largest movements
- Receivables within one year -€242,300
down €242,300 (-18.1%), from €1.3m to €1.1m
- Cash -€92,748
down €92,748 (-22.4%), from €414,601 to €321,853
mainly Trade debts (-€521,131) and Tax, wage and social debts (-€153,664)
- Stocks and contracts -€89,112
down €89,112 (-19.8%), from €451,037 to €361,925
- Financial fixed assets -€28,475
down €28,475 (-89.9%), from €31,691 to €3,216
- Trade debts -€521,131
down €521,131 (-56.7%), from €918,875 to €397,744
- Debts after one year +€174,495
up €174,495 (+162%), from €107,751 to €282,245
- Tax, wage and social debts -€153,664
down €153,664 (-62.2%), from €246,893 to €93,229
of which Remuneration and social security: -€128,563
- Profit (loss) carried forward +€43,008
up €43,008 (+6.6%), from €649,393 to €692,402
- Gross operating margin -€119,119
down €119,119 (-13.2%), from €904,933 to €785,814
- Staff costs -€82,374
down €82,374 (-10.6%), from €776,860 to €694,486
- Provisions +€36,339
no longer reported in 2025 (was -€36,339)
- Taxes -€36,165
no longer reported in 2025 (was €36,165)
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 | €2,287,309 | €1,843,531 | -€443,777 | -19.4% |
| Fixed assets | 21/28 | €70,826 | €48,454 | -€22,373 | -31.6% |
| Tangible fixed assets | 22/27 | €39,135 | €45,238 | +€6,103 | +15.6% |
| Land and buildings | 22 | €12,657 | €31,981 | +€19,324 | +153% |
| Plant, machinery and equipment | 23 | €22,732 | €12,661 | -€10,071 | -44.3% |
| Furniture and vehicles | 24 | €3,746 | €596 | -€3,150 | -84.1% |
| Financial fixed assets | 28 | €31,691 | €3,216 | -€28,475 | -89.9% |
| Current assets | 29/58 | €2,216,482 | €1,795,077 | -€421,405 | -19.0% |
| Stocks and contracts in progress | 3 | €451,037 | €361,925 | -€89,112 | -19.8% |
| Stocks | 30/36 | €451,037 | €361,925 | -€89,112 | -19.8% |
| Amounts receivable within one year | 40/41 | €1,339,398 | €1,097,097 | -€242,300 | -18.1% |
| Trade receivables | 40 | €1,339,398 | €1,097,097 | -€242,300 | -18.1% |
| Cash at bank and in hand | 54/58 | €414,601 | €321,853 | -€92,748 | -22.4% |
| Deferred charges and accrued income | 490/1 | €11,446 | €14,202 | +€2,756 | +24.1% |
| Total equity and liabilities | 10/49 | €2,287,309 | €1,843,531 | -€443,777 | -19.4% |
| Equity | 10/15 | €946,835 | €989,844 | +€43,008 | +4.5% |
| Contributions | 10/11 | €270,920 | €270,920 | = | 0.0% |
| Capital | 10 | €270,920 | €270,920 | = | 0.0% |
| Issued capital | 100 | €270,920 | €270,920 | = | 0.0% |
| Reserves | 13 | €26,522 | €26,522 | = | 0.0% |
| Distributable reserves | 133 | €26,522 | €26,522 | = | 0.0% |
| Profit (loss) carried forward | 14 | €649,393 | €692,402 | +€43,008 | +6.6% |
| Amounts payable | 17/49 | €1,340,473 | €853,688 | -€486,786 | -36.3% |
| Amounts payable after more than one year | 17 | €107,751 | €282,245 | +€174,495 | +162% |
| Financial debts | 170/4 | €107,751 | €282,245 | +€174,495 | +162% |
| Amounts payable within one year | 42/48 | €1,230,626 | €571,442 | -€659,184 | -53.6% |
| Current portion of amounts payable after more than one year | 42 | €64,859 | €80,469 | +€15,611 | +24.1% |
| Trade debts | 44 | €918,875 | €397,744 | -€521,131 | -56.7% |
| Suppliers | 440/4 | €918,875 | €397,744 | -€521,131 | -56.7% |
| Taxes, remuneration and social security | 45 | €246,893 | €93,229 | -€153,664 | -62.2% |
| Taxes | 450/3 | €71,424 | €46,324 | -€25,100 | -35.1% |
| Remuneration and social security | 454/9 | €175,469 | €46,905 | -€128,563 | -73.3% |
| Accrued charges and deferred income | 492/3 | €2,096 | - | -€2,096 | |
| Non-recurring operating income | 76A | - | €252,200 | +€252,200 | |
| Remuneration, social security and pensions | 62 | €776,860 | €694,486 | -€82,374 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,547 | €25,129 | +€1,582 | +6.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€36,339 | - | +€36,339 | |
| Other operating charges | 640/8 | €5,528 | €8,063 | +€2,535 | +45.9% |
| Non-recurring operating charges | 66A | €920 | - | -€920 | |
| Gross operating margin | 9900 | €904,933 | €785,814 | -€119,119 | -13.2% |
| Operating profit (loss) | 9901 | €134,417 | €58,136 | -€76,281 | -56.7% |
| Financial income | 75/76B | €60 | €524 | +€463 | +767% |
| Recurring financial income | 75 | €60 | €524 | +€463 | +767% |
| Financial charges | 65/66B | €13,159 | €15,651 | +€2,492 | +18.9% |
| Recurring financial charges | 65 | €13,159 | €15,651 | +€2,492 | +18.9% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €121,318 | €43,008 | -€78,310 | -64.5% |
| Income taxes | 67/77 | €36,165 | - | -€36,165 | |
| Profit (loss) for the period | 9904 | €85,153 | €43,008 | -€42,145 | -49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,153 | €43,008 | -€42,145 | -49.5% |
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 18 October 2026 via checked.be.