ACA MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash -€33,296
down €33,296 (-53.6%), from €62,096 to €28,800
mainly Contributions, distributions and other (-€82,000) and Other debts (-€35,351)
- Intangible fixed assets -€4,461
down €4,461 (-81.2%), from €5,496 to €1,036
- Tangible fixed assets -€2,692
down €2,692 (-22.4%), from €12,040 to €9,348
of which Furniture and vehicles: -€1,803
- Receivables within one year +€1,666
up €1,666 (+76.2%), from €2,186 to €3,852
of which Trade receivables: +€2,087
- Deferred charges and accrued income -€1,145
down €1,145 (-68.6%), from €1,669 to €524
- Other debts -€35,351
down €35,351 (-82.0%), from €43,128 to €7,777
- Trade debts -€2,956
down €2,956 (-82.1%), from €3,602 to €646
- Tax, wage and social debts -€1,403
down €1,403 (-8.8%), from €16,002 to €14,599
of which Taxes: -€7,913
- Gross operating margin +€37,510
up €37,510 (+30.7%), from €122,055 to €159,566
- Taxes +€8,426
up €8,426 (+55.7%), from €15,139 to €23,565
- Staff costs +€4,845
up €4,845 (+12.8%), from €37,954 to €42,799
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,488 | €43,560 | -€39,928 | -47.8% |
| Fixed assets | 21/28 | €17,537 | €10,384 | -€7,153 | -40.8% |
| Intangible fixed assets | 21 | €5,496 | €1,036 | -€4,461 | -81.2% |
| Tangible fixed assets | 22/27 | €12,040 | €9,348 | -€2,692 | -22.4% |
| Plant, machinery and equipment | 23 | €5,648 | €4,759 | -€889 | -15.7% |
| Furniture and vehicles | 24 | €6,392 | €4,589 | -€1,803 | -28.2% |
| Current assets | 29/58 | €65,951 | €33,176 | -€32,776 | -49.7% |
| Amounts receivable within one year | 40/41 | €2,186 | €3,852 | +€1,666 | +76.2% |
| Trade receivables | 40 | €823 | €2,910 | +€2,087 | +253.6% |
| Other amounts receivable | 41 | €1,363 | €942 | -€421 | -30.9% |
| Cash at bank and in hand | 54/58 | €62,096 | €28,800 | -€33,296 | -53.6% |
| Deferred charges and accrued income | 490/1 | €1,669 | €524 | -€1,145 | -68.6% |
| Total equity and liabilities | 10/49 | €83,488 | €43,560 | -€39,928 | -47.8% |
| Equity | 10/15 | €20,756 | €20,538 | -€218 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €296 | €78 | -€218 | -73.5% |
| Amounts payable | 17/49 | €62,732 | €23,021 | -€39,711 | -63.3% |
| Amounts payable within one year | 42/48 | €62,732 | €23,021 | -€39,711 | -63.3% |
| Trade debts | 44 | €3,602 | €646 | -€2,956 | -82.1% |
| Suppliers | 440/4 | €3,602 | €646 | -€2,956 | -82.1% |
| Taxes, remuneration and social security | 45 | €16,002 | €14,599 | -€1,403 | -8.8% |
| Taxes | 450/3 | €11,813 | €3,900 | -€7,913 | -67.0% |
| Remuneration and social security | 454/9 | €4,189 | €10,699 | +€6,510 | +155.4% |
| Other amounts payable | 47/48 | €43,128 | €7,777 | -€35,351 | -82.0% |
| Remuneration, social security and pensions | 62 | €37,954 | €42,799 | +€4,845 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,385 | €9,831 | -€554 | -5.3% |
| Gross operating margin | 9900 | €122,055 | €159,566 | +€37,510 | +30.7% |
| Operating profit (loss) | 9901 | €73,716 | €106,935 | +€33,220 | +45.1% |
| Financial income | 75/76B | €356 | €80 | -€276 | -77.6% |
| Recurring financial income | 75 | €356 | €80 | -€276 | -77.6% |
| Financial charges | 65/66B | €2,259 | €1,668 | -€591 | -26.1% |
| Recurring financial charges | 65 | €2,259 | €1,668 | -€591 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €71,813 | €105,347 | +€33,534 | +46.7% |
| Income taxes | 67/77 | €15,139 | €23,565 | +€8,426 | +55.7% |
| Profit (loss) for the period | 9904 | €56,674 | €81,782 | +€25,108 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,674 | €81,782 | +€25,108 | +44.3% |
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 10 October 2026 via checked.be.