ACAMGT: 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.
ACAMGT
Largest movements
- Cash +€12,890
up €12,890 (+39.4%), from €32,704 to €45,595
mainly Other debts (+€82,410) and Net result for the year (+€7,725)
- Receivables within one year +€8,771
up €8,771 (+19.6%), from €44,761 to €53,532
of which Trade receivables: +€21,080
- Deferred charges and accrued income +€5,319
up €5,319 (+228.1%), from €2,332 to €7,651
- Other debts +€82,410
new in 2025: €82,410
- Profit (loss) carried forward -€48,275
down €48,275 (-98.4%), from €49,079 to €804
- Tax, wage and social debts -€9,976
down €9,976 (-47.2%), from €21,153 to €11,177
- Trade debts +€2,062
up €2,062 (+32.4%), from €6,357 to €8,419
- Gross operating margin +€9,299
up €9,299 (+20.9%), from €44,585 to €53,884
- Financial charges -€4,833
down €4,833 (-10.2%), from €47,536 to €42,703
- Other operating charges -€3,568
down €3,568 (-95.5%), from €3,734 to €166
- Taxes +€2,284
up €2,284 (+762.5%), from €300 to €2,584
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 | €81,589 | €107,811 | +€26,221 | +32.1% |
| Fixed assets | 21/28 | €1,792 | €1,033 | -€759 | -42.3% |
| Tangible fixed assets | 22/27 | €1,792 | €1,033 | -€759 | -42.3% |
| Furniture and vehicles | 24 | €1,792 | €1,033 | -€759 | -42.3% |
| Current assets | 29/58 | €79,797 | €106,777 | +€26,980 | +33.8% |
| Amounts receivable within one year | 40/41 | €44,761 | €53,532 | +€8,771 | +19.6% |
| Trade receivables | 40 | €32,452 | €53,532 | +€21,080 | +65.0% |
| Other amounts receivable | 41 | €12,309 | - | -€12,309 | |
| Cash at bank and in hand | 54/58 | €32,704 | €45,595 | +€12,890 | +39.4% |
| Deferred charges and accrued income | 490/1 | €2,332 | €7,651 | +€5,319 | +228.1% |
| Total equity and liabilities | 10/49 | €81,589 | €107,811 | +€26,221 | +32.1% |
| Equity | 10/15 | €54,079 | €5,804 | -€48,275 | -89.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,079 | €804 | -€48,275 | -98.4% |
| Amounts payable | 17/49 | €27,510 | €102,007 | +€74,496 | +270.8% |
| Amounts payable within one year | 42/48 | €27,510 | €102,007 | +€74,496 | +270.8% |
| Trade debts | 44 | €6,357 | €8,419 | +€2,062 | +32.4% |
| Suppliers | 440/4 | €6,357 | €8,419 | +€2,062 | +32.4% |
| Taxes, remuneration and social security | 45 | €21,153 | €11,177 | -€9,976 | -47.2% |
| Taxes | 450/3 | €21,153 | €11,177 | -€9,976 | -47.2% |
| Other amounts payable | 47/48 | - | €82,410 | +€82,410 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €759 | €759 | = | 0.0% |
| Other operating charges | 640/8 | €3,734 | €166 | -€3,568 | -95.5% |
| Gross operating margin | 9900 | €44,585 | €53,884 | +€9,299 | +20.9% |
| Operating profit (loss) | 9901 | €40,093 | €52,959 | +€12,867 | +32.1% |
| Financial income | 75/76B | €73 | €52 | -€21 | -28.3% |
| Recurring financial income | 75 | €73 | €52 | -€21 | -28.3% |
| Financial charges | 65/66B | €47,536 | €42,703 | -€4,833 | -10.2% |
| Recurring financial charges | 65 | €47,536 | €42,703 | -€4,833 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,370 | €10,309 | +€17,679 | |
| Income taxes | 67/77 | €300 | €2,584 | +€2,284 | +762.5% |
| Profit (loss) for the period | 9904 | -€7,670 | €7,725 | +€15,395 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,670 | €7,725 | +€15,395 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.