A.C.I.: 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.I.
Largest movements
- Financial fixed assets -€126,174
down €126,174 (-89.9%), from €140,328 to €14,154
- Cash -€24,700
down €24,700 (-15.3%), from €161,236 to €136,536
mainly Debts after one year (-€79,576) and Net result for the year (-€64,025)
- Debts after one year -€79,576
down €79,576 (-26.5%), from €300,124 to €220,548
- Profit (loss) carried forward -€64,025
down €64,025 (-11.6%), from €553,263 to €489,238
- Provisions +€140,192
up €140,192, from -€140,192 to €0
- Gross operating margin -€10,597
down €10,597 (-52.0%), from -€20,375 to -€30,972
- Financial charges -€5,014
down €5,014 (-21.0%), from €23,916 to €18,902
- Financial income +€1,513
up €1,513 (+170.3%), from €889 to €2,402
- Depreciation +€1,336
up €1,336 (+9.4%), from €14,144 to €15,480
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 | €1,149,801 | €1,001,419 | -€148,382 | -12.9% |
| Fixed assets | 21/28 | €530,502 | €398,753 | -€131,749 | -24.8% |
| Tangible fixed assets | 22/27 | €390,174 | €384,598 | -€5,575 | -1.4% |
| Other tangible fixed assets | 26 | €390,174 | €384,598 | -€5,575 | -1.4% |
| Financial fixed assets | 28 | €140,328 | €14,154 | -€126,174 | -89.9% |
| Current assets | 29/58 | €619,299 | €602,666 | -€16,633 | -2.7% |
| Stocks and contracts in progress | 3 | €452,651 | €459,795 | +€7,144 | +1.6% |
| Stocks | 30/36 | €452,651 | €459,795 | +€7,144 | +1.6% |
| Amounts receivable within one year | 40/41 | - | €721 | +€721 | |
| Other amounts receivable | 41 | - | €721 | +€721 | |
| Cash at bank and in hand | 54/58 | €161,236 | €136,536 | -€24,700 | -15.3% |
| Deferred charges and accrued income | 490/1 | €5,413 | €5,615 | +€202 | +3.7% |
| Total equity and liabilities | 10/49 | €1,149,801 | €1,001,419 | -€148,382 | -12.9% |
| Equity | 10/15 | €826,063 | €762,038 | -€64,025 | -7.8% |
| Contributions | 10/11 | €248,000 | €248,000 | = | 0.0% |
| Capital | 10 | €248,000 | €248,000 | = | 0.0% |
| Issued capital | 100 | €248,000 | €248,000 | = | 0.0% |
| Reserves | 13 | €24,800 | €24,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,800 | €24,800 | = | 0.0% |
| Legal reserve | 130 | €24,800 | €24,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €553,263 | €489,238 | -€64,025 | -11.6% |
| Amounts payable | 17/49 | €323,738 | €239,381 | -€84,357 | -26.1% |
| Amounts payable after more than one year | 17 | €300,124 | €220,548 | -€79,576 | -26.5% |
| Other amounts payable | 178/9 | €300,124 | €220,548 | -€79,576 | -26.5% |
| Amounts payable within one year | 42/48 | €42 | €401 | +€359 | +850.4% |
| Trade debts | 44 | €42 | €401 | +€359 | +850.4% |
| Suppliers | 440/4 | €42 | €401 | +€359 | +850.4% |
| Accrued charges and deferred income | 492/3 | €23,571 | €18,432 | -€5,139 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,144 | €15,480 | +€1,336 | +9.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€140,192 | €0 | +€140,192 | |
| Other operating charges | 640/8 | €1,090 | €1,073 | -€17 | -1.5% |
| Gross operating margin | 9900 | -€20,375 | -€30,972 | -€10,597 | -52.0% |
| Operating profit (loss) | 9901 | €104,583 | -€47,525 | -€152,108 | |
| Financial income | 75/76B | €889 | €2,402 | +€1,513 | +170.3% |
| Recurring financial income | 75 | €889 | €2,402 | +€1,513 | +170.3% |
| Financial charges | 65/66B | €23,916 | €18,902 | -€5,014 | -21.0% |
| Recurring financial charges | 65 | €23,916 | €18,902 | -€5,014 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €81,556 | -€64,025 | -€145,581 | |
| Profit (loss) for the period | 9904 | €81,556 | -€64,025 | -€145,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,556 | -€64,025 | -€145,581 |
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.