AC CREATION: 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.
AC CREATION
Largest movements
- Receivables within one year -€14,359
down €14,359 (-82.2%), from €17,463 to €3,104
of which Other amounts receivable: -€13,257
- Tangible fixed assets -€7,440
no longer reported in 2025 (was €7,440)
- Deferred charges and accrued income -€488
down €488 (-50.2%), from €972 to €484
- Other debts -€11,750
no longer reported in 2025 (was €11,750)
- Profit (loss) carried forward -€11,343
down €11,343, from €43 to -€11,300
- Trade debts +€643
up €643 (+50.0%), from €1,285 to €1,928
- Gross operating margin -€76,244
down €76,244, from €74,247 to -€1,998
- Depreciation -€55,724
down €55,724 (-88.2%), from €63,164 to €7,440
- Other operating charges +€2,178
up €2,178 (+1799.6%), from €121 to €2,299
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 | €25,879 | €3,588 | -€22,290 | -86.1% |
| Fixed assets | 21/28 | €7,440 | - | -€7,440 | |
| Tangible fixed assets | 22/27 | €7,440 | - | -€7,440 | |
| Plant, machinery and equipment | 23 | €7,440 | - | -€7,440 | |
| Current assets | 29/58 | €18,439 | €3,588 | -€14,850 | -80.5% |
| Amounts receivable within one year | 40/41 | €17,463 | €3,104 | -€14,359 | -82.2% |
| Trade receivables | 40 | €1,644 | €541 | -€1,102 | -67.1% |
| Other amounts receivable | 41 | €15,820 | €2,563 | -€13,257 | -83.8% |
| Cash at bank and in hand | 54/58 | €3 | - | -€3 | |
| Deferred charges and accrued income | 490/1 | €972 | €484 | -€488 | -50.2% |
| Total equity and liabilities | 10/49 | €25,879 | €3,588 | -€22,290 | -86.1% |
| Equity | 10/15 | €12,843 | €1,500 | -€11,343 | -88.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,600 | €6,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,600 | €6,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43 | -€11,300 | -€11,343 | |
| Amounts payable | 17/49 | €13,035 | €2,088 | -€10,947 | -84.0% |
| Amounts payable within one year | 42/48 | €13,035 | €2,088 | -€10,947 | -84.0% |
| Financial debts | 43 | - | €20 | +€20 | |
| Credit institutions | 430/8 | - | €20 | +€20 | |
| Trade debts | 44 | €1,285 | €1,928 | +€643 | +50.0% |
| Suppliers | 440/4 | €1,285 | €1,928 | +€643 | +50.0% |
| Taxes, remuneration and social security | 45 | - | €140 | +€140 | |
| Taxes | 450/3 | - | €140 | +€140 | |
| Other amounts payable | 47/48 | €11,750 | - | -€11,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,164 | €7,440 | -€55,724 | -88.2% |
| Other operating charges | 640/8 | €121 | €2,299 | +€2,178 | +1799.6% |
| Non-recurring operating charges | 66A | €1,318 | - | -€1,318 | |
| Gross operating margin | 9900 | €74,247 | -€1,998 | -€76,244 | |
| Operating profit (loss) | 9901 | €9,643 | -€11,736 | -€21,379 | |
| Financial income | 75/76B | €972 | €484 | -€488 | -50.2% |
| Recurring financial income | 75 | €972 | €484 | -€488 | -50.2% |
| Financial charges | 65/66B | €589 | €91 | -€498 | -84.6% |
| Recurring financial charges | 65 | €589 | €91 | -€498 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €10,026 | -€11,343 | -€21,369 | |
| Income taxes | 67/77 | €149 | - | -€149 | |
| Profit (loss) for the period | 9904 | €9,876 | -€11,343 | -€21,219 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,876 | -€11,343 | -€21,219 |
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 10 October 2026 via checked.be.