ACA: 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.
ACA
Largest movements
- Receivables within one year +€230,723
up €230,723 (+9.7%), from €2.4m to €2.6m
of which Other amounts receivable: +€423,876
- Intangible fixed assets -€104,576
down €104,576 (-44.4%), from €235,710 to €131,135
- Tangible fixed assets -€67,563
down €67,563 (-49.2%), from €137,355 to €69,792
of which Plant, machinery and equipment: -€50,881
- Profit (loss) carried forward +€104,633
up €104,633 (+6.5%), from €1.6m to €1.7m
- Tax, wage and social debts -€64,836
down €64,836 (-7.7%), from €839,094 to €774,258
of which Remuneration and social security: -€64,089
- Gross operating margin -€541,215
down €541,215 (-9.4%), from €5.8m to €5.2m
- Staff costs -€382,735
down €382,735 (-7.2%), from €5.3m to €5.0m
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 | €2,907,909 | €2,965,029 | +€57,120 | +2.0% |
| Fixed assets | 21/28 | €375,141 | €203,014 | -€172,126 | -45.9% |
| Intangible fixed assets | 21 | €235,710 | €131,135 | -€104,576 | -44.4% |
| Tangible fixed assets | 22/27 | €137,355 | €69,792 | -€67,563 | -49.2% |
| Plant, machinery and equipment | 23 | €84,965 | €34,085 | -€50,881 | -59.9% |
| Furniture and vehicles | 24 | €14,038 | €3,826 | -€10,212 | -72.7% |
| Other tangible fixed assets | 26 | €38,352 | €31,882 | -€6,470 | -16.9% |
| Financial fixed assets | 28 | €2,075 | €2,088 | +€13 | +0.6% |
| Current assets | 29/58 | €2,532,768 | €2,762,015 | +€229,246 | +9.1% |
| Amounts receivable within one year | 40/41 | €2,385,714 | €2,616,437 | +€230,723 | +9.7% |
| Trade receivables | 40 | €897,197 | €704,045 | -€193,153 | -21.5% |
| Other amounts receivable | 41 | €1,488,517 | €1,912,393 | +€423,876 | +28.5% |
| Cash at bank and in hand | 54/58 | €115,661 | €108,421 | -€7,240 | -6.3% |
| Deferred charges and accrued income | 490/1 | €31,393 | €37,156 | +€5,763 | +18.4% |
| Total equity and liabilities | 10/49 | €2,907,909 | €2,965,029 | +€57,120 | +2.0% |
| Equity | 10/15 | €1,602,537 | €1,707,171 | +€104,633 | +6.5% |
| Profit (loss) carried forward | 14 | €1,602,537 | €1,707,171 | +€104,633 | +6.5% |
| Amounts payable | 17/49 | €1,305,372 | €1,257,859 | -€47,513 | -3.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,305,372 | €1,257,859 | -€47,513 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €951 | €0 | -€951 | -100% |
| Trade debts | 44 | €465,326 | €483,601 | +€18,274 | +3.9% |
| Suppliers | 440/4 | €465,326 | €483,601 | +€18,274 | +3.9% |
| Taxes, remuneration and social security | 45 | €839,094 | €774,258 | -€64,836 | -7.7% |
| Taxes | 450/3 | €236,576 | €235,829 | -€747 | -0.3% |
| Remuneration and social security | 454/9 | €602,518 | €538,429 | -€64,089 | -10.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €5,338,074 | €4,955,339 | -€382,735 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,492 | €172,139 | -€14,353 | -7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,702 | €3,144 | +€443 | +16.4% |
| Other operating charges | 640/8 | €50,392 | €28,931 | -€21,462 | -42.6% |
| Gross operating margin | 9900 | €5,777,524 | €5,236,309 | -€541,215 | -9.4% |
| Operating profit (loss) | 9901 | €199,864 | €76,756 | -€123,108 | -61.6% |
| Financial income | 75/76B | €100,701 | €99,720 | -€981 | -1.0% |
| Recurring financial income | 75 | €100,701 | €99,720 | -€981 | -1.0% |
| Financial charges | 65/66B | €3,995 | €5,527 | +€1,532 | +38.3% |
| Recurring financial charges | 65 | €3,995 | €5,527 | +€1,532 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €296,570 | €170,949 | -€125,621 | -42.4% |
| Income taxes | 67/77 | €94,715 | €66,316 | -€28,399 | -30.0% |
| Profit (loss) for the period | 9904 | €201,855 | €104,633 | -€97,222 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €201,855 | €104,633 | -€97,222 | -48.2% |
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 16 October 2026 via checked.be.