A&C MANAGEMENT: 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 MANAGEMENT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€3,011
down €3,011 (-16.0%), from -€18,817 to -€21,828
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 | €713,560 | €710,952 | -€2,609 | -0.4% |
| Current assets | 29/58 | €713,560 | €710,952 | -€2,609 | -0.4% |
| Amounts receivable after more than one year | 29 | €631,776 | €631,203 | -€573 | -0.1% |
| Other amounts receivable | 291 | €631,776 | €631,203 | -€573 | -0.1% |
| Amounts receivable within one year | 40/41 | €316 | €527 | +€211 | +66.9% |
| Other amounts receivable | 41 | €316 | €527 | +€211 | +66.9% |
| Current investments | 50/53 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,813 | €9,060 | +€247 | +2.8% |
| Deferred charges and accrued income | 490/1 | €2,655 | €161 | -€2,494 | -93.9% |
| Total equity and liabilities | 10/49 | €713,560 | €710,952 | -€2,609 | -0.4% |
| Equity | 10/15 | €713,560 | €710,952 | -€2,609 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €698,555 | €698,555 | = | 0.0% |
| Distributable reserves | 133 | €698,555 | €698,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,806 | €6,197 | -€2,609 | -29.6% |
| Other operating charges | 640/8 | €1,078 | €1,088 | +€9 | +0.9% |
| Gross operating margin | 9900 | -€18,817 | -€21,828 | -€3,011 | -16.0% |
| Operating profit (loss) | 9901 | -€19,895 | -€22,916 | -€3,021 | -15.2% |
| Financial income | 75/76B | €20,476 | €20,472 | -€4 | 0.0% |
| Recurring financial income | 75 | €20,476 | €20,472 | -€4 | 0.0% |
| Financial charges | 65/66B | €344 | €165 | -€178 | -51.9% |
| Recurring financial charges | 65 | €344 | €165 | -€178 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €237 | -€2,609 | -€2,846 | |
| Income taxes | 67/77 | €48 | - | -€48 | |
| Profit (loss) for the period | 9904 | €190 | -€2,609 | -€2,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €190 | -€2,609 | -€2,799 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.