AC INNOV: 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 INNOV
Largest movements
- Cash -€14,977
down €14,977 (-32.4%), from €46,230 to €31,253
mainly Receivables within one year (-€12,636) and Investment in fixed assets (net) (-€8,831)
- Receivables within one year +€12,636
up €12,636 (+25.4%), from €49,767 to €62,403
of which Trade receivables: +€13,856
- Debts after one year -€6,213
down €6,213 (-35.3%), from €17,610 to €11,397
- Profit (loss) carried forward +€4,228
up €4,228 (+7.3%), from €57,567 to €61,796
- Current portion of long-term debt +€1,419
up €1,419 (+42.1%), from €3,375 to €4,794
- Gross operating margin +€50,787
up €50,787 (+69.2%), from €73,356 to €124,143
- Staff costs +€22,262
up €22,262 (+28.8%), from €77,239 to €99,501
- Taxes +€4,545
up €4,545 (+1,235%), from €368 to €4,913
- Depreciation +€1,659
up €1,659 (+20.9%), from €7,938 to €9,597
- Financial charges +€1,338
up €1,338 (+36.6%), from €3,653 to €4,991
of which Non-recurring financial charges: +€1,686
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 | €120,512 | €118,355 | -€2,157 | -1.8% |
| Fixed assets | 21/28 | €23,973 | €23,207 | -€765 | -3.2% |
| Tangible fixed assets | 22/27 | €23,705 | €22,940 | -€765 | -3.2% |
| Plant, machinery and equipment | 23 | €12,753 | €9,716 | -€3,037 | -23.8% |
| Furniture and vehicles | 24 | €10,952 | €9,494 | -€1,458 | -13.3% |
| Other tangible fixed assets | 26 | - | €3,729 | +€3,729 | |
| Financial fixed assets | 28 | €268 | €268 | = | 0.0% |
| Current assets | 29/58 | €96,539 | €95,147 | -€1,392 | -1.4% |
| Amounts receivable within one year | 40/41 | €49,767 | €62,403 | +€12,636 | +25.4% |
| Trade receivables | 40 | €20,708 | €34,564 | +€13,856 | +66.9% |
| Other amounts receivable | 41 | €29,059 | €27,839 | -€1,219 | -4.2% |
| Cash at bank and in hand | 54/58 | €46,230 | €31,253 | -€14,977 | -32.4% |
| Deferred charges and accrued income | 490/1 | €542 | €1,491 | +€949 | +175% |
| Total equity and liabilities | 10/49 | €120,512 | €118,355 | -€2,157 | -1.8% |
| Equity | 10/15 | €59,567 | €63,796 | +€4,228 | +7.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,567 | €61,796 | +€4,228 | +7.3% |
| Amounts payable | 17/49 | €60,944 | €54,559 | -€6,385 | -10.5% |
| Amounts payable after more than one year | 17 | €17,610 | €11,397 | -€6,213 | -35.3% |
| Financial debts | 170/4 | €17,610 | €11,397 | -€6,213 | -35.3% |
| Amounts payable within one year | 42/48 | €43,335 | €43,162 | -€172 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €3,375 | €4,794 | +€1,419 | +42.1% |
| Trade debts | 44 | €24,985 | €24,073 | -€912 | -3.7% |
| Suppliers | 440/4 | €24,985 | €24,073 | -€912 | -3.7% |
| Taxes, remuneration and social security | 45 | €14,975 | €14,295 | -€679 | -4.5% |
| Taxes | 450/3 | €10,340 | €14,295 | +€3,955 | +38.2% |
| Remuneration and social security | 454/9 | €4,634 | - | -€4,634 | |
| Non-recurring operating income | 76A | - | €789 | +€789 | |
| Remuneration, social security and pensions | 62 | €77,239 | €99,501 | +€22,262 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,938 | €9,597 | +€1,659 | +20.9% |
| Other operating charges | 640/8 | €1,486 | €1,911 | +€424 | +28.6% |
| Gross operating margin | 9900 | €73,356 | €124,143 | +€50,787 | +69.2% |
| Operating profit (loss) | 9901 | -€13,306 | €13,135 | +€26,441 | |
| Financial income | 75/76B | - | €997 | +€997 | |
| Recurring financial income | 75 | - | €997 | +€997 | |
| Financial charges | 65/66B | €3,653 | €4,991 | +€1,338 | +36.6% |
| Recurring financial charges | 65 | €3,653 | €3,305 | -€349 | -9.5% |
| Non-recurring financial charges | 66B | - | €1,686 | +€1,686 | |
| Profit (loss) for the period before taxes | 9903 | -€16,960 | €9,141 | +€26,101 | |
| Income taxes | 67/77 | €368 | €4,913 | +€4,545 | +1,235% |
| Profit (loss) for the period | 9904 | -€17,328 | €4,228 | +€21,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,328 | €4,228 | +€21,556 |
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 26 October 2026 via checked.be.