A.C. EVOLUTION: 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. EVOLUTION
Largest movements
- Cash +€22,229
up €22,229 (+126.1%), from €17,632 to €39,861
mainly Net result for the year (+€34,610) and Trade debts (+€30,162)
- Receivables within one year +€18,649
up €18,649 (+44.9%), from €41,503 to €60,152
of which Trade receivables: +€17,212
- Tangible fixed assets -€3,313
down €3,313 (-12.6%), from €26,275 to €22,962
of which Plant, machinery and equipment: -€3,313
- Profit (loss) carried forward +€34,610
up €34,610, from -€10,463 to €24,147
- Trade debts +€30,162
up €30,162 (+196.1%), from €15,378 to €45,540
- Other debts -€16,793
down €16,793 (-100.0%), from €16,793 to €0
- Current portion of long-term debt -€9,074
down €9,074 (-59.8%), from €15,185 to €6,112
- Debts after one year -€6,112
down €6,112 (-37.2%), from €16,441 to €10,329
- Gross operating margin +€59,997
up €59,997 (+60.4%), from €99,380 to €159,378
- Staff costs +€21,598
up €21,598 (+22.4%), from €96,622 to €118,220
- Depreciation -€10,574
down €10,574 (-76.1%), from €13,887 to €3,313
- Other operating charges -€3,579
down €3,579 (-65.6%), from €5,459 to €1,880
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 | €85,759 | €123,325 | +€37,565 | +43.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €26,625 | €23,312 | -€3,313 | -12.4% |
| Tangible fixed assets | 22/27 | €26,275 | €22,962 | -€3,313 | -12.6% |
| Plant, machinery and equipment | 23 | €26,275 | €22,962 | -€3,313 | -12.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €59,135 | €100,013 | +€40,878 | +69.1% |
| Amounts receivable within one year | 40/41 | €41,503 | €60,152 | +€18,649 | +44.9% |
| Trade receivables | 40 | €40,818 | €58,030 | +€17,212 | +42.2% |
| Other amounts receivable | 41 | €685 | €2,122 | +€1,437 | +209.7% |
| Cash at bank and in hand | 54/58 | €17,632 | €39,861 | +€22,229 | +126.1% |
| Total equity and liabilities | 10/49 | €85,759 | €123,325 | +€37,565 | +43.8% |
| Equity | 10/15 | €9,997 | €44,607 | +€34,610 | +346.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,463 | €24,147 | +€34,610 | |
| Amounts payable | 17/49 | €75,763 | €78,718 | +€2,955 | +3.9% |
| Amounts payable after more than one year | 17 | €16,441 | €10,329 | -€6,112 | -37.2% |
| Financial debts | 170/4 | €16,441 | €10,329 | -€6,112 | -37.2% |
| Amounts payable within one year | 42/48 | €59,322 | €68,388 | +€9,067 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €15,185 | €6,112 | -€9,074 | -59.8% |
| Trade debts | 44 | €15,378 | €45,540 | +€30,162 | +196.1% |
| Suppliers | 440/4 | €15,378 | €45,540 | +€30,162 | +196.1% |
| Taxes, remuneration and social security | 45 | €11,966 | €16,737 | +€4,771 | +39.9% |
| Taxes | 450/3 | €1,149 | €1,775 | +€626 | +54.5% |
| Remuneration and social security | 454/9 | €10,817 | €14,962 | +€4,145 | +38.3% |
| Other amounts payable | 47/48 | €16,793 | €0 | -€16,793 | -100.0% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €0 | €0 | -€0 | -40.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €96,622 | €118,220 | +€21,598 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,887 | €3,313 | -€10,574 | -76.1% |
| Other operating charges | 640/8 | €5,459 | €1,880 | -€3,579 | -65.6% |
| Gross operating margin | 9900 | €99,380 | €159,378 | +€59,997 | +60.4% |
| Operating profit (loss) | 9901 | -€16,587 | €35,965 | +€52,552 | |
| Financial income | 75/76B | €684 | €616 | -€68 | -10.0% |
| Recurring financial income | 75 | €684 | €616 | -€68 | -10.0% |
| Financial charges | 65/66B | €2,429 | €1,355 | -€1,074 | -44.2% |
| Recurring financial charges | 65 | €2,421 | €1,355 | -€1,066 | -44.0% |
| Non-recurring financial charges | 66B | €9 | €1 | -€8 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,333 | €35,225 | +€53,558 | |
| Income taxes | 67/77 | €607 | €615 | +€8 | +1.4% |
| Profit (loss) for the period | 9904 | -€18,939 | €34,610 | +€53,549 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,939 | €34,610 | +€53,549 |
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 12 October 2026 via checked.be.