A.C.N.: 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.N.
Largest movements
- Stocks and contracts +€13,553
up €13,553 (+246%), from €5,514 to €19,067
- Cash -€5,585
down €5,585 (-35.5%), from €15,722 to €10,137
mainly Stocks and contracts (-€13,553) and Deferred charges and accrued income (-€384)
- Receivables within one year -€631
down €631 (-22.2%), from €2,837 to €2,207
of which Trade receivables: -€631
- Tangible fixed assets -€537
down €537 (-66.4%), from €809 to €272
- Deferred charges and accrued income +€384
up €384 (+110%), from €349 to €733
- Tax, wage and social debts +€5,738
up €5,738 (+182%), from €3,150 to €8,888
of which Remuneration and social security: +€6,187
- Other debts +€718
new in 2025: €718
- Trade debts +€575
up €575 (+928%), from €62 to €637
- Gross operating margin -€1,484
down €1,484 (-39.2%), from €3,787 to €2,303
- Other operating charges +€324
up €324 (+26.3%), from €1,231 to €1,555
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 | €25,231 | €32,415 | +€7,184 | +28.5% |
| Fixed assets | 21/28 | €809 | €272 | -€537 | -66.4% |
| Tangible fixed assets | 22/27 | €809 | €272 | -€537 | -66.4% |
| Plant, machinery and equipment | 23 | €409 | €260 | -€149 | -36.4% |
| Furniture and vehicles | 24 | €280 | €12 | -€268 | -95.7% |
| Other tangible fixed assets | 26 | €121 | - | -€121 | |
| Current assets | 29/58 | €24,422 | €32,143 | +€7,721 | +31.6% |
| Stocks and contracts in progress | 3 | €5,514 | €19,067 | +€13,553 | +246% |
| Stocks | 30/36 | €5,514 | €19,067 | +€13,553 | +246% |
| Amounts receivable within one year | 40/41 | €2,837 | €2,207 | -€631 | -22.2% |
| Trade receivables | 40 | €2,309 | €1,678 | -€631 | -27.3% |
| Other amounts receivable | 41 | €528 | €528 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,722 | €10,137 | -€5,585 | -35.5% |
| Deferred charges and accrued income | 490/1 | €349 | €733 | +€384 | +110% |
| Total equity and liabilities | 10/49 | €25,231 | €32,415 | +€7,184 | +28.5% |
| Equity | 10/15 | €22,020 | €22,172 | +€152 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €420 | €420 | = | 0.0% |
| Distributable reserves | 133 | €420 | €420 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,007 | €3,160 | +€152 | +5.1% |
| Amounts payable | 17/49 | €3,212 | €10,244 | +€7,032 | +219% |
| Amounts payable within one year | 42/48 | €3,212 | €10,244 | +€7,032 | +219% |
| Trade debts | 44 | €62 | €637 | +€575 | +928% |
| Suppliers | 440/4 | €62 | €637 | +€575 | +928% |
| Taxes, remuneration and social security | 45 | €3,150 | €8,888 | +€5,738 | +182% |
| Taxes | 450/3 | €1,078 | €629 | -€449 | -41.6% |
| Remuneration and social security | 454/9 | €2,071 | €8,259 | +€6,187 | +299% |
| Other amounts payable | 47/48 | - | €718 | +€718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €549 | -€26 | -4.4% |
| Other operating charges | 640/8 | €1,231 | €1,555 | +€324 | +26.3% |
| Gross operating margin | 9900 | €3,787 | €2,303 | -€1,484 | -39.2% |
| Operating profit (loss) | 9901 | €1,980 | €198 | -€1,782 | -90.0% |
| Financial income | 75/76B | €1 | €2 | +€0 | +29.5% |
| Recurring financial income | 75 | €1 | €2 | +€0 | +29.5% |
| Financial charges | 65/66B | €57 | €48 | -€9 | -15.9% |
| Recurring financial charges | 65 | €57 | €48 | -€9 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €1,925 | €152 | -€1,773 | -92.1% |
| Profit (loss) for the period | 9904 | €1,925 | €152 | -€1,773 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,925 | €152 | -€1,773 | -92.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.