AC Real Estate: what changed
AC Real Estate
Largest movements
- Receivables after one year -€19,500
no longer reported in 2025 (was €19,500)
- Cash -€4,138
down €4,138 (-97.2%), from €4,259 to €121
mainly Tax, wage and social debts (-€18,291) and Trade debts (-€8,883)
- Receivables within one year +€2,010
up €2,010 (+6.4%), from €31,544 to €33,555
- Tax, wage and social debts -€18,291
no longer reported in 2025 (was €18,291)
- Trade debts -€8,883
down €8,883 (-47.3%), from €18,782 to €9,899
- Reserves +€5,566
up €5,566 (+40.3%), from €13,812 to €19,377
- Gross operating margin +€44,828
up €44,828, from -€37,649 to €7,179
- Financial charges +€1,918
up €1,918 (+430%), from €446 to €2,364
- Other operating charges -€720
down €720 (-64.3%), from €1,119 to €400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,303 | €33,676 | -€21,627 | -39.1% |
| Current assets | 29/58 | €55,303 | €33,676 | -€21,627 | -39.1% |
| Amounts receivable after more than one year | 29 | €19,500 | - | -€19,500 | |
| Other amounts receivable | 291 | €19,500 | - | -€19,500 | |
| Amounts receivable within one year | 40/41 | €31,544 | €33,555 | +€2,010 | +6.4% |
| Other amounts receivable | 41 | €31,544 | €33,555 | +€2,010 | +6.4% |
| Cash at bank and in hand | 54/58 | €4,259 | €121 | -€4,138 | -97.2% |
| Total equity and liabilities | 10/49 | €55,303 | €33,676 | -€21,627 | -39.1% |
| Equity | 10/15 | €17,812 | €23,377 | +€5,566 | +31.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €13,812 | €19,377 | +€5,566 | +40.3% |
| Distributable reserves | 133 | €13,812 | €19,377 | +€5,566 | +40.3% |
| Amounts payable | 17/49 | €37,492 | €10,299 | -€27,193 | -72.5% |
| Amounts payable within one year | 42/48 | €37,073 | €9,899 | -€27,174 | -73.3% |
| Trade debts | 44 | €18,782 | €9,899 | -€8,883 | -47.3% |
| Suppliers | 440/4 | €18,782 | €9,899 | -€8,883 | -47.3% |
| Taxes, remuneration and social security | 45 | €18,291 | - | -€18,291 | |
| Taxes | 450/3 | €18,291 | - | -€18,291 | |
| Accrued charges and deferred income | 492/3 | €419 | €400 | -€19 | -4.5% |
| Other operating charges | 640/8 | €1,119 | €400 | -€720 | -64.3% |
| Gross operating margin | 9900 | -€37,649 | €7,179 | +€44,828 | |
| Operating profit (loss) | 9901 | -€38,768 | €6,779 | +€45,547 | |
| Financial income | 75/76B | €801 | €1,151 | +€349 | +43.6% |
| Recurring financial income | 75 | €801 | €1,151 | +€349 | +43.6% |
| Financial charges | 65/66B | €446 | €2,364 | +€1,918 | +430% |
| Recurring financial charges | 65 | €446 | €2,364 | +€1,918 | +430% |
| Profit (loss) for the period before taxes | 9903 | -€38,413 | €5,566 | +€43,978 | |
| Profit (loss) for the period | 9904 | -€38,413 | €5,566 | +€43,978 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,413 | €5,566 | +€43,978 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.