A.C.G.V.: 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.G.V.
Largest movements
- Deferred charges and accrued income -€19,213
down €19,213 (-99.9%), from €19,225 to €12
- Receivables within one year -€14,989
down €14,989 (-11.2%), from €134,135 to €119,146
of which Other amounts receivable: -€34,038
- Other debts -€24,327
down €24,327 (-26.0%), from €93,493 to €69,166
- Tax, wage and social debts -€20,991
down €20,991 (-99.1%), from €21,186 to €195
of which Taxes: -€20,991
- Trade debts +€8,767
up €8,767 (+57.6%), from €15,209 to €23,976
- Gross operating margin -€43,295
down €43,295 (-83.8%), from €51,671 to €8,376
- Staff costs -€15,750
down €15,750 (-100%), from €15,750 to €0
- Taxes -€12,859
down €12,859 (-95.0%), from €13,529 to €671
- Depreciation -€12,224
down €12,224 (-100%), from €12,224 to €0
- Other operating charges -€2,237
down €2,237 (-92.0%), from €2,431 to €194
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 | €504,416 | €468,260 | -€36,156 | -7.2% |
| Fixed assets | 21/28 | €267,894 | €267,894 | = | 0.0% |
| Tangible fixed assets | 22/27 | €20,000 | €20,000 | = | 0.0% |
| Land and buildings | 22 | €20,000 | €20,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €247,894 | €247,894 | = | 0.0% |
| Current assets | 29/58 | €236,522 | €200,366 | -€36,156 | -15.3% |
| Amounts receivable within one year | 40/41 | €134,135 | €119,146 | -€14,989 | -11.2% |
| Trade receivables | 40 | €14,775 | €33,824 | +€19,049 | +129% |
| Other amounts receivable | 41 | €119,360 | €85,322 | -€34,038 | -28.5% |
| Cash at bank and in hand | 54/58 | €83,162 | €81,208 | -€1,953 | -2.3% |
| Deferred charges and accrued income | 490/1 | €19,225 | €12 | -€19,213 | -99.9% |
| Total equity and liabilities | 10/49 | €504,416 | €468,260 | -€36,156 | -7.2% |
| Equity | 10/15 | €369,238 | €369,242 | +€3 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €350,638 | €350,642 | +€3 | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €344,441 | €344,445 | +€3 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €135,178 | €99,018 | -€36,160 | -26.7% |
| Amounts payable within one year | 42/48 | €129,888 | €93,338 | -€36,550 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €15,209 | €23,976 | +€8,767 | +57.6% |
| Suppliers | 440/4 | €15,209 | €23,976 | +€8,767 | +57.6% |
| Taxes, remuneration and social security | 45 | €21,186 | €195 | -€20,991 | -99.1% |
| Taxes | 450/3 | €21,186 | €195 | -€20,991 | -99.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €93,493 | €69,166 | -€24,327 | -26.0% |
| Accrued charges and deferred income | 492/3 | €5,290 | €5,680 | +€391 | +7.4% |
| Remuneration, social security and pensions | 62 | €15,750 | €0 | -€15,750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,224 | €0 | -€12,224 | -100% |
| Other operating charges | 640/8 | €2,431 | €194 | -€2,237 | -92.0% |
| Gross operating margin | 9900 | €51,671 | €8,376 | -€43,295 | -83.8% |
| Operating profit (loss) | 9901 | €21,266 | €8,182 | -€13,084 | -61.5% |
| Financial income | 75/76B | €836 | €579 | -€258 | -30.8% |
| Recurring financial income | 75 | €836 | €579 | -€258 | -30.8% |
| Financial charges | 65/66B | €7,689 | €6,186 | -€1,502 | -19.5% |
| Recurring financial charges | 65 | €7,689 | €6,186 | -€1,502 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €14,413 | €2,574 | -€11,839 | -82.1% |
| Income taxes | 67/77 | €13,529 | €671 | -€12,859 | -95.0% |
| Profit (loss) for the period | 9904 | €884 | €1,903 | +€1,019 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €884 | €1,903 | +€1,019 | +115% |
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 29 October 2026 via checked.be.