ACABO: 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.
ACABO
Largest movements
- Current investments +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Receivables within one year -€14,977
down €14,977 (-78.0%), from €19,212 to €4,235
of which Trade receivables: -€16,112
- Cash +€7,170
up €7,170 (+19.7%), from €36,316 to €43,485
mainly Net result for the year (+€16,293) and Receivables within one year (+€14,977)
- Deferred charges and accrued income +€1,633
new in 2024: €1,633
- Reserves +€16,293
up €16,293 (+23.0%), from €70,788 to €87,081
- Other debts +€2,616
up €2,616 (+45.0%), from €5,807 to €8,422
- Tax, wage and social debts -€1,991
down €1,991 (-36.6%), from €5,443 to €3,451
- Gross operating margin -€19,180
down €19,180 (-45.8%), from €41,923 to €22,743
- Taxes -€4,586
down €4,586 (-36.8%), from €12,451 to €7,865
- Financial income +€3,345
new in 2024: €3,345
- Depreciation -€956
down €956 (-55.2%), from €1,734 to €777
- Other operating charges -€470
down €470 (-31.5%), from €1,492 to €1,021
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,310 | €152,359 | +€18,049 | +13.4% |
| Fixed assets | 21/28 | €1,408 | €631 | -€777 | -55.2% |
| Tangible fixed assets | 22/27 | €1,408 | €631 | -€777 | -55.2% |
| Plant, machinery and equipment | 23 | €1,002 | €567 | -€436 | -43.5% |
| Furniture and vehicles | 24 | €406 | €64 | -€342 | -84.2% |
| Current assets | 29/58 | €132,902 | €151,728 | +€18,826 | +14.2% |
| Stocks and contracts in progress | 3 | €2,374 | €2,374 | = | 0.0% |
| Stocks | 30/36 | €2,374 | €2,374 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,212 | €4,235 | -€14,977 | -78.0% |
| Trade receivables | 40 | €19,212 | €3,101 | -€16,112 | -83.9% |
| Other amounts receivable | 41 | - | €1,135 | +€1,135 | |
| Current investments | 50/53 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €36,316 | €43,485 | +€7,170 | +19.7% |
| Deferred charges and accrued income | 490/1 | - | €1,633 | +€1,633 | |
| Total equity and liabilities | 10/49 | €134,310 | €152,359 | +€18,049 | +13.4% |
| Equity | 10/15 | €120,788 | €137,081 | +€16,293 | +13.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €70,788 | €87,081 | +€16,293 | +23.0% |
| Distributable reserves | 133 | €70,788 | €87,081 | +€16,293 | +23.0% |
| Amounts payable | 17/49 | €13,522 | €15,278 | +€1,756 | +13.0% |
| Amounts payable within one year | 42/48 | €13,522 | €15,278 | +€1,756 | +13.0% |
| Trade debts | 44 | €2,273 | €3,404 | +€1,132 | +49.8% |
| Suppliers | 440/4 | €2,273 | €3,404 | +€1,132 | +49.8% |
| Taxes, remuneration and social security | 45 | €5,443 | €3,451 | -€1,991 | -36.6% |
| Taxes | 450/3 | €5,443 | €3,451 | -€1,991 | -36.6% |
| Other amounts payable | 47/48 | €5,807 | €8,422 | +€2,616 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,734 | €777 | -€956 | -55.2% |
| Other operating charges | 640/8 | €1,492 | €1,021 | -€470 | -31.5% |
| Gross operating margin | 9900 | €41,923 | €22,743 | -€19,180 | -45.8% |
| Operating profit (loss) | 9901 | €38,698 | €20,945 | -€17,753 | -45.9% |
| Financial income | 75/76B | - | €3,345 | +€3,345 | |
| Recurring financial income | 75 | - | €3,345 | +€3,345 | |
| Financial charges | 65/66B | €132 | €132 | -€0 | -0.1% |
| Recurring financial charges | 65 | €132 | €132 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €38,566 | €24,158 | -€14,408 | -37.4% |
| Income taxes | 67/77 | €12,451 | €7,865 | -€4,586 | -36.8% |
| Profit (loss) for the period | 9904 | €26,114 | €16,293 | -€9,822 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,114 | €16,293 | -€9,822 | -37.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.