AC TELECOM: what changed
Two fiscal 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 TELECOM
Largest movements
- Receivables within one year +€77,420
up €77,420 (+198.1%), from €39,081 to €116,501
of which Other amounts receivable: +€74,093
- Tangible fixed assets -€17,743
down €17,743 (-2.8%), from €641,883 to €624,140
of which Land and buildings: -€17,642
- Profit (loss) carried forward +€91,518
up €91,518 (+16.8%), from -€545,340 to -€453,822
- Debts after one year -€39,080
down €39,080 (-25.5%), from €153,193 to €114,113
of which Financial debts: -€26,242
- Other debts +€11,770
up €11,770 (+8.1%), from €145,450 to €157,220
- Gross operating margin +€29,548
up €29,548 (+24.2%), from €122,294 to €151,842
- Financial charges -€2,968
down €2,968 (-22.9%), from €12,947 to €9,979
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 | €683,676 | €746,237 | +€62,561 | +9.2% |
| Fixed assets | 21/28 | €641,883 | €624,140 | -€17,743 | -2.8% |
| Tangible fixed assets | 22/27 | €641,883 | €624,140 | -€17,743 | -2.8% |
| Land and buildings | 22 | €641,764 | €624,122 | -€17,642 | -2.7% |
| Furniture and vehicles | 24 | €119 | €18 | -€101 | -84.9% |
| Current assets | 29/58 | €41,793 | €122,097 | +€80,304 | +192.1% |
| Amounts receivable within one year | 40/41 | €39,081 | €116,501 | +€77,420 | +198.1% |
| Trade receivables | 40 | €39,081 | €42,408 | +€3,327 | +8.5% |
| Other amounts receivable | 41 | - | €74,093 | +€74,093 | |
| Cash at bank and in hand | 54/58 | €890 | €3,756 | +€2,866 | +322.0% |
| Deferred charges and accrued income | 490/1 | €1,822 | €1,840 | +€18 | +1.0% |
| Total equity and liabilities | 10/49 | €683,676 | €746,237 | +€62,561 | +9.2% |
| Equity | 10/15 | €320,111 | €411,629 | +€91,518 | +28.6% |
| Contributions | 10/11 | €648,592 | €648,592 | = | 0.0% |
| Revaluation surpluses | 12 | €215,000 | €215,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€545,340 | -€453,822 | +€91,518 | +16.8% |
| Amounts payable | 17/49 | €363,565 | €334,608 | -€28,957 | -8.0% |
| Amounts payable after more than one year | 17 | €153,193 | €114,113 | -€39,080 | -25.5% |
| Financial debts | 170/4 | €140,355 | €114,113 | -€26,242 | -18.7% |
| Other amounts payable | 178/9 | €12,838 | - | -€12,838 | |
| Amounts payable within one year | 42/48 | €207,139 | €220,495 | +€13,356 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €24,930 | €26,241 | +€1,311 | +5.3% |
| Trade debts | 44 | €32,768 | €33,043 | +€275 | +0.8% |
| Suppliers | 440/4 | €32,768 | €33,043 | +€275 | +0.8% |
| Taxes, remuneration and social security | 45 | €3,991 | €3,991 | = | 0.0% |
| Taxes | 450/3 | €3,991 | €3,991 | = | 0.0% |
| Other amounts payable | 47/48 | €145,450 | €157,220 | +€11,770 | +8.1% |
| Accrued charges and deferred income | 492/3 | €3,233 | - | -€3,233 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,777 | €38,839 | -€938 | -2.4% |
| Other operating charges | 640/8 | €11,365 | €12,230 | +€865 | +7.6% |
| Gross operating margin | 9900 | €122,294 | €151,842 | +€29,548 | +24.2% |
| Operating profit (loss) | 9901 | €71,152 | €100,773 | +€29,621 | +41.6% |
| Financial income | 75/76B | €2 | €724 | +€722 | +36100.0% |
| Recurring financial income | 75 | €2 | €724 | +€722 | +36100.0% |
| Financial charges | 65/66B | €12,947 | €9,979 | -€2,968 | -22.9% |
| Recurring financial charges | 65 | €12,947 | €9,979 | -€2,968 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €58,207 | €91,518 | +€33,311 | +57.2% |
| Profit (loss) for the period | 9904 | €58,207 | €91,518 | +€33,311 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,207 | €91,518 | +€33,311 | +57.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.