AC Digest: 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 Digest
Largest movements
- Cash +€34,955
up €34,955 (+26.9%), from €129,740 to €164,694
mainly Other debts (+€142,523) and Net result for the year (+€55,687)
- Deferred charges and accrued income -€23,631
down €23,631 (-98.5%), from €23,993 to €362
- Receivables within one year +€20,274
up €20,274 (+583%), from €3,480 to €23,754
of which Trade receivables: +€20,030
- Tangible fixed assets -€4,279
down €4,279 (-18.2%), from €23,538 to €19,259
of which Other tangible fixed assets: -€2,193
- Other debts +€142,523
up €142,523 (+2,679%), from €5,321 to €147,843
- Profit (loss) carried forward -€112,189
down €112,189 (-100%), from €112,189 to €0
- Trade debts -€6,868
down €6,868 (-93.9%), from €7,316 to €448
- Tax, wage and social debts +€3,853
up €3,853 (+21.3%), from €18,109 to €21,962
- Gross operating margin +€5,199
up €5,199 (+6.8%), from €77,000 to €82,199
- Taxes +€3,732
up €3,732 (+20.6%), from €18,109 to €21,841
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 | €180,751 | €208,070 | +€27,319 | +15.1% |
| Fixed assets | 21/28 | €23,538 | €19,259 | -€4,279 | -18.2% |
| Tangible fixed assets | 22/27 | €23,538 | €19,259 | -€4,279 | -18.2% |
| Furniture and vehicles | 24 | €5,112 | €3,026 | -€2,086 | -40.8% |
| Other tangible fixed assets | 26 | €18,426 | €16,233 | -€2,193 | -11.9% |
| Current assets | 29/58 | €157,213 | €188,811 | +€31,598 | +20.1% |
| Amounts receivable within one year | 40/41 | €3,480 | €23,754 | +€20,274 | +583% |
| Trade receivables | 40 | €3,480 | €23,510 | +€20,030 | +576% |
| Other amounts receivable | 41 | - | €245 | +€245 | |
| Cash at bank and in hand | 54/58 | €129,740 | €164,694 | +€34,955 | +26.9% |
| Deferred charges and accrued income | 490/1 | €23,993 | €362 | -€23,631 | -98.5% |
| Total equity and liabilities | 10/49 | €180,751 | €208,070 | +€27,319 | +15.1% |
| Equity | 10/15 | €150,006 | €37,817 | -€112,189 | -74.8% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €34,317 | €34,317 | = | 0.0% |
| Distributable reserves | 133 | €34,317 | €34,317 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,189 | €0 | -€112,189 | -100% |
| Amounts payable | 17/49 | €30,745 | €170,253 | +€139,508 | +454% |
| Amounts payable within one year | 42/48 | €30,745 | €170,253 | +€139,508 | +454% |
| Trade debts | 44 | €7,316 | €448 | -€6,868 | -93.9% |
| Suppliers | 440/4 | €7,316 | €448 | -€6,868 | -93.9% |
| Taxes, remuneration and social security | 45 | €18,109 | €21,962 | +€3,853 | +21.3% |
| Taxes | 450/3 | €18,109 | €21,962 | +€3,853 | +21.3% |
| Other amounts payable | 47/48 | €5,321 | €147,843 | +€142,523 | +2,679% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,999 | €4,279 | +€281 | +7.0% |
| Other operating charges | 640/8 | €150 | €600 | +€450 | +300% |
| Gross operating margin | 9900 | €77,000 | €82,199 | +€5,199 | +6.8% |
| Operating profit (loss) | 9901 | €72,851 | €77,320 | +€4,469 | +6.1% |
| Financial income | 75/76B | - | €287 | +€287 | |
| Recurring financial income | 75 | - | €287 | +€287 | |
| Financial charges | 65/66B | €77 | €78 | +€2 | +2.0% |
| Recurring financial charges | 65 | €77 | €78 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €72,775 | €77,528 | +€4,754 | +6.5% |
| Income taxes | 67/77 | €18,109 | €21,841 | +€3,732 | +20.6% |
| Profit (loss) for the period | 9904 | €54,666 | €55,687 | +€1,022 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,666 | €55,687 | +€1,022 | +1.9% |
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 13 October 2026 via checked.be.