AC BOUW: what changed
Two fiscal 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.
AC BOUW
Largest movements
- Receivables within one year -€24,523
down €24,523 (-44.3%), from €55,394 to €30,871
of which Trade receivables: -€24,569
- Deferred charges and accrued income -€2,486
down €2,486 (-17.2%), from €14,493 to €12,007
- Tangible fixed assets -€1,434
down €1,434 (-16.0%), from €8,946 to €7,512
of which Furniture and vehicles: -€1,608
- Profit (loss) carried forward -€16,105
down €16,105 (-43.2%), from -€37,252 to -€53,357
- Other debts -€6,716
down €6,716 (-15.9%), from €42,179 to €35,463
- Tax, wage and social debts -€3,338
down €3,338 (-34.2%), from €9,752 to €6,414
- Trade debts -€1,991
down €1,991 (-29.5%), from €6,753 to €4,762
- Gross operating margin +€23,036
up €23,036 (+80.7%), from -€28,545 to -€5,509
- Other operating charges +€1,383
up €1,383 (+124.6%), from €1,110 to €2,493
- Depreciation +€642
up €642 (+22.6%), from €2,842 to €3,484
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 | €113,305 | €84,656 | -€28,650 | -25.3% |
| Fixed assets | 21/28 | €8,946 | €7,512 | -€1,434 | -16.0% |
| Tangible fixed assets | 22/27 | €8,946 | €7,512 | -€1,434 | -16.0% |
| Land and buildings | 22 | €2,128 | €1,592 | -€536 | -25.2% |
| Plant, machinery and equipment | 23 | €3,658 | €3,583 | -€75 | -2.0% |
| Furniture and vehicles | 24 | €3,160 | €1,552 | -€1,608 | -50.9% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €785 | +€785 | |
| Current assets | 29/58 | €104,360 | €77,144 | -€27,216 | -26.1% |
| Stocks and contracts in progress | 3 | €32,359 | €31,891 | -€468 | -1.4% |
| Stocks | 30/36 | €32,359 | €31,891 | -€468 | -1.4% |
| Amounts receivable within one year | 40/41 | €55,394 | €30,871 | -€24,523 | -44.3% |
| Trade receivables | 40 | €55,394 | €30,825 | -€24,569 | -44.4% |
| Other amounts receivable | 41 | - | €45 | +€45 | |
| Cash at bank and in hand | 54/58 | €2,114 | €2,375 | +€261 | +12.3% |
| Deferred charges and accrued income | 490/1 | €14,493 | €12,007 | -€2,486 | -17.2% |
| Total equity and liabilities | 10/49 | €113,305 | €84,656 | -€28,650 | -25.3% |
| Equity | 10/15 | €5,121 | -€10,984 | -€16,105 | |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €36,168 | €36,168 | = | 0.0% |
| Distributable reserves | 133 | €36,168 | €36,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,252 | -€53,357 | -€16,105 | -43.2% |
| Amounts payable | 17/49 | €108,185 | €95,639 | -€12,545 | -11.6% |
| Amounts payable after more than one year | 17 | €49,500 | €49,000 | -€500 | -1.0% |
| Financial debts | 170/4 | €49,500 | €49,000 | -€500 | -1.0% |
| Amounts payable within one year | 42/48 | €58,685 | €46,639 | -€12,045 | -20.5% |
| Trade debts | 44 | €6,753 | €4,762 | -€1,991 | -29.5% |
| Suppliers | 440/4 | €6,753 | €4,762 | -€1,991 | -29.5% |
| Taxes, remuneration and social security | 45 | €9,752 | €6,414 | -€3,338 | -34.2% |
| Taxes | 450/3 | €9,752 | €6,414 | -€3,338 | -34.2% |
| Other amounts payable | 47/48 | €42,179 | €35,463 | -€6,716 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,842 | €3,484 | +€642 | +22.6% |
| Other operating charges | 640/8 | €1,110 | €2,493 | +€1,383 | +124.6% |
| Gross operating margin | 9900 | -€28,545 | -€5,509 | +€23,036 | +80.7% |
| Operating profit (loss) | 9901 | -€32,496 | -€11,485 | +€21,011 | +64.7% |
| Financial income | 75/76B | €71 | €95 | +€24 | +33.6% |
| Recurring financial income | 75 | €71 | €95 | +€24 | +33.6% |
| Financial charges | 65/66B | €4,539 | €4,359 | -€180 | -4.0% |
| Recurring financial charges | 65 | €4,539 | €4,359 | -€180 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€36,964 | -€15,749 | +€21,215 | +57.4% |
| Income taxes | 67/77 | €364 | €356 | -€8 | -2.3% |
| Profit (loss) for the period | 9904 | -€37,328 | -€16,105 | +€21,223 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,328 | -€16,105 | +€21,223 | +56.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.