A.C.P. 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.P. MANAGEMENT
Largest movements
- Cash -€3,297
down €3,297 (-4.3%), from €77,530 to €74,233
mainly Investment in fixed assets (net) (-€2,535) and Tax, wage and social debts (-€1,559)
- Tangible fixed assets +€2,219
up €2,219 (+983%), from €226 to €2,445
of which Furniture and vehicles: +€2,364
- Tax, wage and social debts -€1,559
down €1,559 (-48.8%), from €3,199 to €1,639
- Gross operating margin -€13,384
down €13,384 (-83.3%), from €16,064 to €2,680
- Taxes -€4,070
down €4,070 (-83.6%), from €4,866 to €796
- Depreciation -€296
down €296 (-48.3%), from €612 to €316
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 | €87,322 | €85,603 | -€1,719 | -2.0% |
| Fixed assets | 21/28 | €226 | €2,445 | +€2,219 | +983% |
| Tangible fixed assets | 22/27 | €226 | €2,445 | +€2,219 | +983% |
| Plant, machinery and equipment | 23 | €145 | - | -€145 | |
| Furniture and vehicles | 24 | €81 | €2,445 | +€2,364 | +2,934% |
| Current assets | 29/58 | €87,096 | €83,158 | -€3,938 | -4.5% |
| Stocks and contracts in progress | 3 | €4,123 | €3,453 | -€671 | -16.3% |
| Stocks | 30/36 | €4,123 | €3,453 | -€671 | -16.3% |
| Amounts receivable within one year | 40/41 | €5,443 | €5,473 | +€30 | +0.5% |
| Trade receivables | 40 | €3,672 | €51 | -€3,621 | -98.6% |
| Other amounts receivable | 41 | €1,771 | €5,422 | +€3,651 | +206% |
| Cash at bank and in hand | 54/58 | €77,530 | €74,233 | -€3,297 | -4.3% |
| Total equity and liabilities | 10/49 | €87,322 | €85,603 | -€1,719 | -2.0% |
| Equity | 10/15 | €83,060 | €83,131 | +€71 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,860 | €76,931 | +€71 | +0.1% |
| Distributable reserves | 133 | €76,860 | €76,931 | +€71 | +0.1% |
| Amounts payable | 17/49 | €4,262 | €2,472 | -€1,790 | -42.0% |
| Amounts payable within one year | 42/48 | €4,262 | €2,472 | -€1,790 | -42.0% |
| Trade debts | 44 | €205 | - | -€205 | |
| Suppliers | 440/4 | €205 | - | -€205 | |
| Taxes, remuneration and social security | 45 | €3,199 | €1,639 | -€1,559 | -48.8% |
| Taxes | 450/3 | €3,199 | €1,639 | -€1,559 | -48.8% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €612 | €316 | -€296 | -48.3% |
| Other operating charges | 640/8 | €792 | €816 | +€24 | +3.0% |
| Gross operating margin | 9900 | €16,064 | €2,680 | -€13,384 | -83.3% |
| Operating profit (loss) | 9901 | €14,660 | €1,548 | -€13,112 | -89.4% |
| Financial income | 75/76B | €196 | €343 | +€147 | +75.3% |
| Recurring financial income | 75 | €196 | €343 | +€147 | +75.3% |
| Financial charges | 65/66B | €195 | €191 | -€4 | -2.0% |
| Recurring financial charges | 65 | €195 | €191 | -€4 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €14,661 | €1,700 | -€12,961 | -88.4% |
| Income taxes | 67/77 | €4,866 | €796 | -€4,070 | -83.6% |
| Profit (loss) for the period | 9904 | €9,795 | €904 | -€8,891 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,795 | €904 | -€8,891 | -90.8% |
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 19 October 2026 via checked.be.