AC-TECH: 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-TECH
Largest movements
- Tangible fixed assets -€17,076
down €17,076 (-59.8%), from €28,577 to €11,501
of which Furniture and vehicles: -€13,424
- Cash +€15,181
up €15,181 (+100%), from €15,172 to €30,353
mainly Net result for the year (+€19,999) and Depreciation (+€18,576)
- Stocks and contracts -€13,709
down €13,709 (-31.4%), from €43,692 to €29,983
- Deferred charges and accrued income +€2,180
up €2,180 (+185%), from €1,181 to €3,362
- Tax, wage and social debts -€20,639
down €20,639 (-89.2%), from €23,133 to €2,495
- Reserves +€19,999
up €19,999 (+38.4%), from €52,083 to €72,082
- Debts after one year -€14,861
no longer reported in 2025 (was €14,861)
- Trade debts +€8,612
up €8,612 (+150%), from €5,744 to €14,356
- Current portion of long-term debt -€5,725
down €5,725 (-27.8%), from €20,586 to €14,861
- Gross operating margin +€47,145
up €47,145, from -€3,921 to €43,224
- Taxes +€2,192
up €2,192 (+1,700%), from €129 to €2,321
- Financial charges -€1,870
down €1,870 (-40.3%), from €4,641 to €2,771
- Depreciation +€1,073
up €1,073 (+6.1%), from €17,503 to €18,576
- Financial income +€645
up €645 (+49.3%), from €1,309 to €1,954
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 | €136,407 | €123,794 | -€12,613 | -9.2% |
| Fixed assets | 21/28 | €28,577 | €11,501 | -€17,076 | -59.8% |
| Tangible fixed assets | 22/27 | €28,577 | €11,501 | -€17,076 | -59.8% |
| Land and buildings | 22 | €10,069 | €8,932 | -€1,137 | -11.3% |
| Plant, machinery and equipment | 23 | €3,990 | €1,475 | -€2,515 | -63.0% |
| Furniture and vehicles | 24 | €14,518 | €1,094 | -€13,424 | -92.5% |
| Current assets | 29/58 | €107,830 | €112,292 | +€4,463 | +4.1% |
| Stocks and contracts in progress | 3 | €43,692 | €29,983 | -€13,709 | -31.4% |
| Stocks | 30/36 | €43,692 | €29,983 | -€13,709 | -31.4% |
| Amounts receivable within one year | 40/41 | €47,785 | €48,595 | +€810 | +1.7% |
| Trade receivables | 40 | €5,003 | €10,410 | +€5,407 | +108% |
| Other amounts receivable | 41 | €42,781 | €38,184 | -€4,597 | -10.7% |
| Cash at bank and in hand | 54/58 | €15,172 | €30,353 | +€15,181 | +100% |
| Deferred charges and accrued income | 490/1 | €1,181 | €3,362 | +€2,180 | +185% |
| Total equity and liabilities | 10/49 | €136,407 | €123,794 | -€12,613 | -9.2% |
| Equity | 10/15 | €72,083 | €92,082 | +€19,999 | +27.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €52,083 | €72,082 | +€19,999 | +38.4% |
| Distributable reserves | 133 | €52,083 | €72,082 | +€19,999 | +38.4% |
| Amounts payable | 17/49 | €64,324 | €31,712 | -€32,612 | -50.7% |
| Amounts payable after more than one year | 17 | €14,861 | - | -€14,861 | |
| Financial debts | 170/4 | €14,861 | - | -€14,861 | |
| Amounts payable within one year | 42/48 | €49,463 | €31,712 | -€17,751 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €20,586 | €14,861 | -€5,725 | -27.8% |
| Trade debts | 44 | €5,744 | €14,356 | +€8,612 | +150% |
| Suppliers | 440/4 | €5,744 | €14,356 | +€8,612 | +150% |
| Taxes, remuneration and social security | 45 | €23,133 | €2,495 | -€20,639 | -89.2% |
| Taxes | 450/3 | €23,133 | €2,495 | -€20,639 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,503 | €18,576 | +€1,073 | +6.1% |
| Other operating charges | 640/8 | €1,771 | €1,510 | -€261 | -14.7% |
| Gross operating margin | 9900 | -€3,921 | €43,224 | +€47,145 | |
| Operating profit (loss) | 9901 | -€23,195 | €23,138 | +€46,332 | |
| Financial income | 75/76B | €1,309 | €1,954 | +€645 | +49.3% |
| Recurring financial income | 75 | €1,309 | €1,954 | +€645 | +49.3% |
| Financial charges | 65/66B | €4,641 | €2,771 | -€1,870 | -40.3% |
| Recurring financial charges | 65 | €4,641 | €2,771 | -€1,870 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,527 | €22,321 | +€48,847 | |
| Income taxes | 67/77 | €129 | €2,321 | +€2,192 | +1,700% |
| Profit (loss) for the period | 9904 | -€26,656 | €19,999 | +€46,655 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,656 | €19,999 | +€46,655 |
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 28 October 2026 via checked.be.