ACACIA: 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.
ACACIA
Largest movements
- Receivables after one year +€22,500
new in 2025: €22,500
- Cash -€12,259
no longer reported in 2025 (was €12,259)
mainly Investment in fixed assets (net) (-€31,342) and Debts after one year (-€26,641)
- Receivables within one year +€7,778
up €7,778 (+216%), from €3,600 to €11,378
of which Trade receivables: +€8,378
- Tangible fixed assets -€7,657
down €7,657 (-1.3%), from €594,196 to €586,539
of which Land and buildings: -€16,624
- Other debts +€30,529
up €30,529 (+34.5%), from €88,549 to €119,078
- Debts after one year -€26,641
down €26,641 (-7.0%), from €380,125 to €353,484
- Depreciation +€7,743
up €7,743 (+24.8%), from €31,256 to €38,999
- Taxes -€2,563
down €2,563 (-68.1%), from €3,766 to €1,203
- Financial charges +€2,482
up €2,482 (+14.2%), from €17,492 to €19,973
- Gross operating margin +€2,411
up €2,411 (+3.8%), from €63,711 to €66,123
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 | €707,926 | €712,283 | +€4,358 | +0.6% |
| Fixed assets | 21/28 | €666,696 | €659,039 | -€7,657 | -1.1% |
| Tangible fixed assets | 22/27 | €594,196 | €586,539 | -€7,657 | -1.3% |
| Land and buildings | 22 | €593,602 | €576,978 | -€16,624 | -2.8% |
| Plant, machinery and equipment | 23 | - | €2,039 | +€2,039 | |
| Furniture and vehicles | 24 | €594 | €7,521 | +€6,927 | +1,167% |
| Financial fixed assets | 28 | €72,500 | €72,500 | = | 0.0% |
| Current assets | 29/58 | €41,230 | €53,245 | +€12,015 | +29.1% |
| Amounts receivable after more than one year | 29 | - | €22,500 | +€22,500 | |
| Other amounts receivable | 291 | - | €22,500 | +€22,500 | |
| Amounts receivable within one year | 40/41 | €3,600 | €11,378 | +€7,778 | +216% |
| Trade receivables | 40 | - | €8,378 | +€8,378 | |
| Other amounts receivable | 41 | €3,600 | €3,000 | -€600 | -16.7% |
| Current investments | 50/53 | €23,724 | €17,703 | -€6,021 | -25.4% |
| Cash at bank and in hand | 54/58 | €12,259 | - | -€12,259 | |
| Deferred charges and accrued income | 490/1 | €1,646 | €1,664 | +€18 | +1.1% |
| Total equity and liabilities | 10/49 | €707,926 | €712,283 | +€4,358 | +0.6% |
| Equity | 10/15 | €192,711 | €194,540 | +€1,828 | +0.9% |
| Contributions | 10/11 | €114,300 | €114,300 | = | 0.0% |
| Reserves | 13 | €78,411 | €80,240 | +€1,828 | +2.3% |
| Distributable reserves | 133 | €78,411 | €80,240 | +€1,828 | +2.3% |
| Amounts payable | 17/49 | €515,214 | €517,744 | +€2,529 | +0.5% |
| Amounts payable after more than one year | 17 | €380,125 | €353,484 | -€26,641 | -7.0% |
| Financial debts | 170/4 | €380,125 | €353,484 | -€26,641 | -7.0% |
| Amounts payable within one year | 42/48 | €129,887 | €158,778 | +€28,892 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €33,758 | €26,641 | -€7,117 | -21.1% |
| Financial debts | 43 | €0 | €105 | +€105 | |
| Credit institutions | 430/8 | €0 | €35 | +€35 | |
| Other loans | 439 | - | €70 | +€70 | |
| Trade debts | 44 | €2,369 | €7,970 | +€5,601 | +236% |
| Suppliers | 440/4 | €2,369 | €7,970 | +€5,601 | +236% |
| Taxes, remuneration and social security | 45 | €5,211 | €4,985 | -€226 | -4.3% |
| Taxes | 450/3 | €4,211 | €4,985 | +€774 | +18.4% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €88,549 | €119,078 | +€30,529 | +34.5% |
| Accrued charges and deferred income | 492/3 | €5,202 | €5,481 | +€279 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,256 | €38,999 | +€7,743 | +24.8% |
| Other operating charges | 640/8 | €4,569 | €5,154 | +€585 | +12.8% |
| Gross operating margin | 9900 | €63,711 | €66,123 | +€2,411 | +3.8% |
| Operating profit (loss) | 9901 | €27,886 | €21,969 | -€5,917 | -21.2% |
| Financial income | 75/76B | €1,182 | €1,035 | -€146 | -12.4% |
| Recurring financial income | 75 | €1,182 | €1,035 | -€146 | -12.4% |
| Financial charges | 65/66B | €17,492 | €19,973 | +€2,482 | +14.2% |
| Recurring financial charges | 65 | €17,492 | €19,973 | +€2,482 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €11,576 | €3,031 | -€8,544 | -73.8% |
| Income taxes | 67/77 | €3,766 | €1,203 | -€2,563 | -68.1% |
| Profit (loss) for the period | 9904 | €7,809 | €1,828 | -€5,981 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,809 | €1,828 | -€5,981 | -76.6% |
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 17 October 2026 via checked.be.