A.C.I.: what changed
What changed
A.C.I.
NACE 31.001, Manufacture of furniture
filed annual accounts (NBB)
Net result for the year
-€519,747
2024 · €136,891-€656,638
Equity
€4.3m
2024 · €4.8m-€519,747
Cash
€776,559
2024 · €202,225+€574,335
Balance sheet total
€6.0m
2024 · €6.8m-€784,786
Largest movements
Assets
- Receivables within one year -€1.9m
down €1.9m (-44.1%), from €4.3m to €2.4m
of which Trade receivables: -€1.9m
- Tangible fixed assets +€610,157
up €610,157 (+38.1%), from €1.6m to €2.2m
of which Plant, machinery and equipment: +€525,149
- Cash +€574,335
up €574,335 (+284%), from €202,225 to €776,559
mainly Receivables within one year (+€1.9m) and Depreciation (+€447,948)
- Stocks and contracts -€96,947
down €96,947 (-14.4%), from €674,939 to €577,991
Equity and liabilities
- Profit (loss) carried forward -€518,897
down €518,897 (-16.5%), from €3.1m to €2.6m
- Trade debts -€259,174
down €259,174 (-18.9%), from €1.4m to €1.1m
- Accrued charges and deferred income -€117,045
down €117,045 (-26.7%), from €438,000 to €320,955
- Tax, wage and social debts +€102,757
up €102,757 (+62.0%), from €165,739 to €268,495
of which Remuneration and social security: +€98,956
Income statement
- Gross operating margin -€485,896
down €485,896 (-19.7%), from €2.5m to €2.0m
- Depreciation +€148,614
up €148,614 (+49.6%), from €299,334 to €447,948
- Staff costs +€79,531
up €79,531 (+4.1%), from €1.9m to €2.0m
- Taxes -€50,301
down €50,301 (-80.3%), from €62,643 to €12,342
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€136,891
Gross operating margin
-€485,896
Staff costs
-€79,531
Depreciation
-€148,614
Write-downs
+€2,198
Other operating charges
+€2,099
Financial income
+€1,005
Financial charges
+€1,831
Taxes
+€50,301
Deferred taxes and other
-€32
Result 2025
-€519,747
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.6m
Investment
-€1.1m
Financing
€0
Cash 2024
€202,225
From operations (derived)
+€1.6m
Net result for the year
-€519,747
Depreciation
+€447,948
Stocks and contracts
+€96,947
Receivables within one year
+€1.9m
Deferred charges and accrued income
-€10,445
Provisions
-€284
Trade debts
-€259,174
Tax, wage and social debts
+€102,757
Other debts
+€8,706
Accrued charges and deferred income
-€117,045
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Cash 2025
€776,559
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,816,470 | €6,031,684 | -€784,786 | -11.5% |
| Fixed assets | 21/28 | €1,663,659 | €2,270,579 | +€606,921 | +36.5% |
| Intangible fixed assets | 21 | €60,169 | €56,933 | -€3,236 | -5.4% |
| Tangible fixed assets | 22/27 | €1,602,949 | €2,213,106 | +€610,157 | +38.1% |
| Land and buildings | 22 | €742,353 | €866,847 | +€124,494 | +16.8% |
| Plant, machinery and equipment | 23 | €676,688 | €1,201,838 | +€525,149 | +77.6% |
| Furniture and vehicles | 24 | €183,908 | €144,421 | -€39,486 | -21.5% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €5,152,812 | €3,761,105 | -€1.4m | -27.0% |
| Stocks and contracts in progress | 3 | €674,939 | €577,991 | -€96,947 | -14.4% |
| Stocks | 30/36 | €674,939 | €577,991 | -€96,947 | -14.4% |
| Amounts receivable within one year | 40/41 | €4,259,921 | €2,380,382 | -€1.9m | -44.1% |
| Trade receivables | 40 | €3,841,914 | €1,898,269 | -€1.9m | -50.6% |
| Other amounts receivable | 41 | €418,007 | €482,113 | +€64,106 | +15.3% |
| Cash at bank and in hand | 54/58 | €202,225 | €776,559 | +€574,335 | +284% |
| Deferred charges and accrued income | 490/1 | €15,727 | €26,172 | +€10,445 | +66.4% |
| Total equity and liabilities | 10/49 | €6,816,470 | €6,031,684 | -€784,786 | -11.5% |
| Equity | 10/15 | €4,841,409 | €4,321,662 | -€519,747 | -10.7% |
| Contributions | 10/11 | €1,665,142 | €1,665,142 | = | 0.0% |
| Reserves | 13 | €34,506 | €33,655 | -€851 | -2.5% |
| Tax-exempt reserves | 132 | €26,006 | €25,155 | -€851 | -3.3% |
| Distributable reserves | 133 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,141,761 | €2,622,865 | -€518,897 | -16.5% |
| Provisions and deferred taxes | 16 | €2,835 | €2,552 | -€284 | -10.0% |
| Deferred taxes | 168 | €2,835 | €2,552 | -€284 | -10.0% |
| Amounts payable | 17/49 | €1,972,226 | €1,707,470 | -€264,755 | -13.4% |
| Amounts payable within one year | 42/48 | €1,534,226 | €1,386,515 | -€147,710 | -9.6% |
| Trade debts | 44 | €1,367,915 | €1,108,741 | -€259,174 | -18.9% |
| Suppliers | 440/4 | €1,367,915 | €1,108,741 | -€259,174 | -18.9% |
| Taxes, remuneration and social security | 45 | €165,739 | €268,495 | +€102,757 | +62.0% |
| Taxes | 450/3 | €8,476 | €12,277 | +€3,801 | +44.8% |
| Remuneration and social security | 454/9 | €157,263 | €256,218 | +€98,956 | +62.9% |
| Other amounts payable | 47/48 | €572 | €9,279 | +€8,706 | +1,521% |
| Accrued charges and deferred income | 492/3 | €438,000 | €320,955 | -€117,045 | -26.7% |
| Non-recurring operating income | 76A | €8,500 | €40,375 | +€31,875 | +375% |
| Remuneration, social security and pensions | 62 | €1,927,899 | €2,007,431 | +€79,531 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €299,334 | €447,948 | +€148,614 | +49.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€2,198 | -€2,198 | |
| Other operating charges | 640/8 | €59,008 | €56,909 | -€2,099 | -3.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,467,965 | €1,982,069 | -€485,896 | -19.7% |
| Operating profit (loss) | 9901 | €181,724 | -€528,019 | -€709,744 | |
| Financial income | 75/76B | €19,882 | €20,887 | +€1,005 | +5.1% |
| Recurring financial income | 75 | €19,882 | €20,887 | +€1,005 | +5.1% |
| Financial charges | 65/66B | €2,387 | €555 | -€1,831 | -76.7% |
| Recurring financial charges | 65 | €2,387 | €555 | -€1,831 | -76.7% |
| Profit (loss) for the period before taxes | 9903 | €199,219 | -€507,688 | -€706,907 | |
| Transfer from deferred taxes | 780 | €315 | €284 | -€32 | -10.0% |
| Income taxes | 67/77 | €62,643 | €12,342 | -€50,301 | -80.3% |
| Profit (loss) for the period | 9904 | €136,891 | -€519,747 | -€656,638 | |
| Transfer from tax-exempt reserves | 789 | €945 | €851 | -€95 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €137,836 | -€518,897 | -€656,732 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.